Chinatown, Calgary · MLS® A2301974
111
482 sq ft · Condo · Single Family · built 2011 · 192 days on market
listed by Thomas Yeung, Sotheby's International Realty Canada
Welcome to this WEST FACING, 480 sq.ft, 1 Bedroom, 1 Bath condo situated in Luxurious Waterfront Tower 2. The size is misleading…very useful space w/ 9' Ceilings + floor to ceiling Low E windows makes it bigger than it is. NEW LVP FLOORS throughout! Functional Chef Inspired kitchen features undermount sinks, full height mosaic backsplash, under-cabinet lighting, stone countertops & top of the line S/S appliances (Panasonic under-counter microwave, wood paneled Sub-Zero fridge w/ lower freezer, new dishwasher, gas cooktop & electric wall oven). Double Closets for bedroom, luxurious bathroom with marble counter tops, under-mount sinks & large standup shower. Air conditioned for those hot sunny days! Balcony, 1 Assigned underground parking spot and storage unit on same floor as the Unit. Walking Distance to Eau Claire, walking paths, shops, restaurants. All Furniture & Furnishings included, just bring your suitcase. Amenities include: Full Size Gym with Yoga studio, Theatre Room, Jacuzzi Tub, Steam Room, Car Wash, Recreation Room with Fireplace and Washroom, Visitor Parking.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,163 · tax $171 · strata $459 · 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: 3 Street Southwest CTrain station, 700 m (about 11 min walk); 1 Street Southwest CTrain station, 700 m (about 11 min walk).
$289,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $289,500 |
| 2025 | $332,000 |
| 2024 | $286,500 |
| 2023 | $265,500 |
| 2022 | $254,000 |
| 2021 | $258,500 |
| 2020 | $271,500 |
| 2019 | $286,500 |
From City of Calgary open data (property assessments), matched to 246 222 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.
about $1,925 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,051 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: 3 Street Southwest CTrain station, 700 m (about 11 min walk); 1 Street Southwest CTrain station, 700 m (about 11 min walk).
Walkability 92/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 61 places to eat or drink, 22 cafes, 15 parks and playgrounds, 1 pharmacy, 31 transit stops.
mihom score from OpenStreetMap places, by straight line distance.