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220, 222 Riverfront Avenue SW
homes for sale · Calgary · Chinatown
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$329,900

220, 222 Riverfront Avenue SW

Chinatown, Calgary · MLS® A2349056

111

563 sq ft · Condo · Single Family · built 2010 · 23 days on market

listed by Miranda Moser, Century 21 Bamber Realty LTD.

realtor's description

Welcome to Waterfront, where quality, convenience and downtown living come together in this beautifully finished and fully turnkey one-bedroom condo. Thoughtfully furnished and exceptionally well equipped, this is the kind of property where you can arrive with your suitcase, unpack and immediately feel at home.The open-concept layout is stylish and functional, featuring quartz countertops, sleek cabinetry, integrated appliances and a gas cooktop. The transformer dining table expands to accommodate guests, while the living room sofa converts to a full-size bed for overnight visitors. A dedicated office area provides the perfect work-from-home space.The bedroom comfortably accommodates a queen-size bed, while the updated bathroom features a deep soaker tub and smart toilet with bidet functions. Central air conditioning, in-suite laundry, a private balcony with gas BBQ line, secure underground parking stall and storage complete the unit.For investors, Waterfront offers excellent flexibility with rentals permitted for terms as short as one month, creating an appealing opportunity for executive, furnished or longer-term rentals. For those looking for a downtown home or Calgary pied-à-terre, the unit is truly move-in ready with virtually everything already in place.Waterfront offers an impressive collection of amenities including a fitness centre, yoga studio, whirlpool, sauna, movie theatre, owners’ lounge, landscaped outdoor garden patio, car wash bay, visitor parking and concierge service. A guest suite is also available for overnight guests.Located steps from the Bow River pathways, Prince’s Island Park, Eau Claire, Chinatown and the downtown core, with easy access to Kensington, East Village, restaurants, shopping and the C-Train. Whether you are looking for a sophisticated downtown home or a well-appointed investment property, this is an exceptional opportunity to own a beautifully finished condo that is ready to enjoy from day one.

property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
563 sq ft
parking
1
year built
2010
property tax
$2,084 / yr
strata fee
$545 / mo ($0.97 / sq ft)
strata rules
Pets Allowed, Pets Allowed With Restrictions
days on market
23
MLS®
A2349056

features

  • No Animal Home
  • No Smoking Home
  • Guest Suite
  • Sauna
  • Parking
  • Pets Allowed

monthly cost

$2,156/mo
Mortgage $1,437 · Tax $174 · Strata $545

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$1,437/ monthly
loan $263,920
25-year amortization
total interest
$167,283
land title fees
$695
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$66,675
down + land title fees
total paid
$431,203

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,560/mo
after all costs
−$756/mo
cap rate
2.5%
yearly net rent ÷ price

Costs: mortgage $1,437 · tax $174 · strata $545 · 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

location

Chinatown, CalgaryGoogle Maps ↗

Rapid transit: 1 Street Southwest CTrain station, 700 m (about 11 min walk); 3 Street Southwest CTrain station, 700 m (about 11 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Sunnyside School1.0 km
  • Middle · CBE Riverside School1.3 km
  • Secondary · CBE Crescent Heights High School975 m
  • Elementary · Catholic St. Monica School1.8 km
  • Secondary · Catholic St. Mary's High School1.8 km

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Miranda Moser
Century 21 Bamber Realty LTD.
call Miranda · 403-470-0021
Powered by: REALTOR.ca
▶ virtual tour

similar homes nearby

city assessment

$313,500

2026 assessment · market value as of July 1, 2025

  • Down 13.0% from $360,500 in 2025
  • $364,500 in 2016 (-14% over ten years)
  • Asking price is 5% above the assessment
  • Built 2007
  • Lot 274 m² (2,944 sq ft)
roll yearassessed
2026$313,500
2025$360,500
2024$313,500
2023$291,500
2022$280,500
2021$286,000
2020$299,500
2019$314,500

From City of Calgary open data (property assessments), matched to 220 222 RIVERFRONT AV SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $2,085 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $2,084 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.

location

Chinatown, CalgaryGoogle Maps ↗
Drive times
  • Calgary Chinese Private1 min
  • Lady Fatima Academy3 min
  • Bow Valley College3 min
  • Downtown Calgary4 min
  • Sheldon M. Chumir Health Centre6 min
  • YYC airport19 min

Rapid transit: 1 Street Southwest CTrain station, 700 m (about 11 min walk); 3 Street Southwest CTrain station, 700 m (about 11 min walk).

94

Walkability 94/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 62 places to eat or drink, 22 cafes, 15 parks and playgrounds, 1 pharmacy, 32 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

902, 205 Riverfront Avenue SW, Calgary
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902, 205 Riverfront Avenue SW, Calgary, photo 8
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521, 222 Riverfront Avenue SW, Calgary, photo 2
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521, 222 Riverfront Avenue SW, Calgary, photo 8
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