2408, 63 Corner Glen Crescent NE

Cornerstone, Calgary · MLS® A2351068

221

600 sq ft · Condo · Single Family · built 2025 · 15 days on market

listed by Karan Dandiwal, Prep Realty Inc.

realtor's description

2 Bedrooms and 2 Full-Bath Condo with underground titled parking space, in Cornerstone! Enjoy stunning park views. Offering the feel of a brand-new home, this thoughtfully designed condo features a bright and inviting open-concept layout with modern finishes throughout. Conveniently located just 1 minute from Chalo Fresco Plaza, Tim Hortons, restaurants, and close to nearby daycares. A fantastic opportunity for first-time buyers, families, or investors!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 600 sq ft
parking: 1
year built: 2025
property tax: $924 / yr
strata fee: $330 / mo ($0.55 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 15
MLS®: A2351068

features

No Smoking Home
Parking
Pets Allowed With Restrictions
Refrigerator
Range - Electric
Dishwasher

property tax

about $3,724 a year

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

The listing shows $924 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. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$2,847/mo

Mortgage $2,440 · Tax $77 · Strata $330

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

estimated payment

$2,440/ monthly

loan $448,000

25-year amortization

down payment20% · $112,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $283,960
land title fees: $1,110; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $113,110; down + land title fees
total paid: $731,960

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: $1,840/mo
after all costs: −$1,189/mo
cap rate: 2.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,440 · tax $77 · strata $330 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) 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

Cornerstone, CalgaryGoogle Maps ↗

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Prairie Sky School2.0 km
Secondary · CBE Nelson Mandela High School4.4 km
Elementary · Catholic Apostles of Jesus1.9 km
Secondary · Catholic Bishop McNally High School6.5 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.

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