2C, 515 17 Avenue SW

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$149,900

2C, 515 17 Avenue SW

Cliff Bungalow, Calgary · MLS® A2337935

540 sq ft · Condo · Single Family · built 1968 · 69 days on market

listed by Jessica Wirsche, MaxWell Canyon Creek

realtor's description

One-bedroom, one-bathroom condo located on 17th Avenue SW in Calgary. This unit features a functional layout with a south-facing balcony and in-unit storage. Shared laundry is conveniently located on the same floor.The building offers main-floor retail including a bakery, pizzeria, and liquor store, and is situated in a highly walkable area close to shops, restaurants, transit, and downtown amenities.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 540 sq ft
parking: 0
year built: 1968
property tax: $1,147 / yr
strata fee: $385 / mo ($0.71 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 69
MLS®: A2337935

features

See remarks
Parking
Pets Allowed With Restrictions
None

city assessment

$172,500

2026 assessment · market value as of July 1, 2025

Down 6.3% from $184,000 in 2025
$166,000 in 2016 (4% over ten years)
Asking price is 13% below the assessment
Built 1968
Lot 2,790 m² (30,031 sq ft)

roll year	assessed
2026	$172,500
2025	$184,000
2024	$155,000
2023	$134,500
2022	$127,500
2021	$106,000
2020	$112,500
2019	$118,000

From City of Calgary open data (property assessments), matched to 2C 515 17 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 $1,147 a year

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

The listing shows $1,147 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.

monthly cost

$1,134/mo

Mortgage $653 · Tax $96 · Strata $385

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

estimated payment

$653/ monthly

loan $119,920

25-year amortization

down payment20% · $29,98020%+ 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: $76,010
land title fees: $370; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $30,350; down + land title fees
total paid: $195,930

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: $266/mo
cap rate: 7.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $653 · tax $96 · strata $385 · 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