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3, 1921 5 Street SW
homes for sale · Calgary · Cliff Bungalow
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$439,000

3, 1921 5 Street SW

Cliff Bungalow, Calgary · MLS® A2322436

221

1,096 sq ft · Townhouse · Single Family · built 1989 · 120 days on market

listed by Grant Smith, RE/MAX First

realtor's description

** Value Alert** Welcome to Cliff Bungalow, where historic character meets one of Calgary’s most vibrant inner-city lifestyles. Perfectly positioned between Mission and Lower Mount Royal, this is the kind of neighborhood where your favorite coffee shop, yoga class, dinner reservation, and riverside walk are all just minutes from your front door.This bright and beautifully maintained 2-bedroom, 2-bathroom townhouse offers 1,096 sq. ft. of freshly painted living space with a layout that’s as functional as it is inviting. The spacious primary bedroom enjoys unobstructed views of the Calgary Tower, adding a touch of downtown magic to your everyday routine.Set within an intimate boutique building with only a handful of residences, you'll appreciate the quieter atmosphere, personal feel, and refreshingly manageable condo fees. It's a home designed for easy ownership, giving you more time to enjoy everything the neighborhood has to offer.Step outside to your private southwest-facing deck for morning coffee or evening wine, or head up to the shared rooftop patio to unwind with friends while taking in the city skyline. Covered assigned parking and a large private storage locker add everyday convenience.One of the biggest draws of Cliff Bungalow is its welcoming, walkable atmosphere. Tree-lined streets, heritage homes, independent businesses, and neighbors out enjoying the cafés, parks, and pathways create a vibrant sense of community that makes it easy to feel at home. Whether you're walking back from brunch on 4th Street or enjoying an evening stroll along the nearby Elbow River, this is a neighborhood that invites you to leave the car behind and embrace the lifestyle.With 17th Avenue, boutique shopping, exceptional dining, transit, downtown, and Calgary’s pathway network all within easy reach, this home offers the perfect blend of style, convenience, and connection. If you're looking for a home that reflects the way you want to live, low maintenance, full of cha racter, and surrounded by the best of inner-city Calgary—you've found it. Welcome home.

similar homes nearby

property details

type
Townhouse, Single Family
bedrooms
2
bathrooms
2
living area
1,096 sq ft
parking
1
year built
1989
property tax
$2,629 / yr
strata fee
$358 / mo ($0.33 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
120
MLS®
A2322436

buying in a building from 1982 to 2000: what to read first

features

  • See remarks
  • Back lane
  • Level
  • Parking
  • Pets Allowed With Restrictions
  • Refrigerator

monthly cost

$2,490/mo
Mortgage $1,913 · Tax $219 · Strata $358

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

estimated payment
$1,913/ monthly
loan $351,200
25-year amortization
total interest
$222,604
land title fees
$895
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$88,695
down + land title fees
total paid
$573,804

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
−$972/mo
cap rate
2.6%
yearly net rent ÷ price

Costs: mortgage $1,913 · tax $219 · strata $358 · insurance ~$175 · 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

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Earl Grey School761 m
  • Middle · CBE Rideau Park School1.1 km
  • Secondary · CBE Western Canada High School270 m
  • Elementary · Catholic Our Lady of Lourdes449 m
  • Secondary · Catholic St. Mary's High School748 m

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
Grant Smith
RE/MAX First
call Grant · 403-278-2900
Powered by: REALTOR.ca

location

Cliff Bungalow, CalgaryGoogle Maps ↗

Rapid transit: Erlton/Stampede CTrain station, 1.2 km (about 18 min walk); Victoria Park/Stampede CTrain station, 1.2 km (about 19 min walk).

city assessment

$386,000

2026 assessment · market value as of July 1, 2025

  • Down 9.3% from $425,500 in 2025
  • $423,000 in 2016 (-9% over ten years)
  • Asking price is 14% above the assessment
  • Built 1910
  • Lot 336 m² (3,617 sq ft)
roll yearassessed
2026$386,000
2025$425,500
2024$415,000
2023$360,000
2022$340,500
2021$350,500
2020$372,500
2019$393,000

From City of Calgary open data (property assessments), matched to 3 1921 5 ST 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 $2,567 a year

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

The listing shows $2,629 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

Cliff Bungalow, CalgaryGoogle Maps ↗

Rapid transit: Erlton/Stampede CTrain station, 1.2 km (about 18 min walk); Victoria Park/Stampede CTrain station, 1.2 km (about 19 min walk).

Drive times
  • Western Canada High1 min
  • Our Lady of Lourdes2 min
  • Sheldon M. Chumir Health Centre4 min
  • University of Calgary Downtown Campus4 min
  • Downtown Calgary5 min
  • YYC airport23 min
94

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

Within a 10 minute walk: 2 grocery stores, 95 places to eat or drink, 15 cafes, 10 parks and playgrounds, 5 schools, 4 pharmacies, 29 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

405, 540 18 Avenue SW, Calgary
405, 540 18 Avenue SW, Calgary, photo 2
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Condo
$314,900
4methe deep dive
405, 540 18 Avenue SW
Cliff Bungalow, Calgary21 days on market
listed by Royal LePage Benchmark
221912 sq ft
MLS® A2348896
306, 1730 5A Street SW, Calgary
306, 1730 5A Street SW, Calgary, photo 2
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306, 1730 5A Street SW, Calgary, photo 4
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306, 1730 5A Street SW, Calgary, photo 6
306, 1730 5A Street SW, Calgary, photo 7
306, 1730 5A Street SW, Calgary, photo 8
Condo
$324,900
4methe deep dive
306, 1730 5A Street SW
Cliff Bungalow, Calgary78 days on market
listed by Century 21 Bamber Realty LTD.
12
202, 509 21 Avenue SW, Calgary
202, 509 21 Avenue SW, Calgary, photo 2
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202, 509 21 Avenue SW, Calgary, photo 8
Condo
$409,000
4methe deep dive
202, 509 21 Avenue SW
Cliff Bungalow, Calgary79 days on market
listed by TrustPro Realty
221
1
745 sq ft
MLS® A2335611
1,028 sq ft
MLS® A2334793