Lower Mount Royal, Calgary · MLS® A2336657
111
565 sq ft · Condo · Single Family · built 1979 · 55 days on market
listed by Harry Hooi, Royal LePage Blue Sky
Located in prestigious Lower Mount Royal, this one bedroom apartment condo presents an exceptional opportunity for first time home buyers and real estate investors alike. The functional floor plan optimizes space, offering a practical layout designed for effortless urban living. Situated within walking distance of the vibrant 17th Avenue SW district, residents enjoy immediate access to premier dining, retail shopping, grocery options, and local cafes. Efficient transit routes and direct connections to the Calgary downtown core ensure daily commutes remain quick and convenient. Lower Mount Royal consistently demonstrates strong rental demand, making this property an attractive option for ongoing cash flow potential. A highly walkable location add to the overall financial efficiency of this established residence. Positioned near neighborhood parks and major transit corridors, this property seamlessly balances inner city convenience with lifestyle utility. Contact your preferred real estate professional today to arrange a private viewing of this Calgary property.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $823 · tax $134 · strata $510 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Calgary: CMHC's average there ($1,581) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Nearest public (CBE) and Catholic schools, by distance
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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Rapid transit: 8 Street Southwest CTrain station, 1.2 km (about 19 min walk); 7 Street Southwest CTrain station, 1.3 km (about 20 min walk).
$242,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $242,000 |
| 2025 | $267,000 |
| 2024 | $234,500 |
| 2023 | $202,500 |
| 2022 | $192,500 |
| 2021 | $201,500 |
| 2020 | $202,500 |
| 2019 | $214,000 |
From City of Calgary open data (property assessments), matched to 206 835 19 AV SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,609 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,609 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Rapid transit: 8 Street Southwest CTrain station, 1.2 km (about 19 min walk); 7 Street Southwest CTrain station, 1.3 km (about 20 min walk).
Walkability 97/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 82 places to eat or drink, 11 cafes, 8 parks and playgrounds, 3 schools, 2 pharmacies, 23 transit stops.
mihom score from OpenStreetMap places, by straight line distance.