3, 4543 7 Avenue SE

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$249,900

3, 4543 7 Avenue SE

Forest Heights, Calgary · MLS® A2308990

321

595 sq ft · Townhouse · Single Family · built 1976 · 171 days on market

listed by Raddy Bhasin, Diamond Realty & Associates Ltd

realtor's description

Welcome to this beautifully updated 3-bedroom, 1.5-bathroom townhouse located in the desirable Forest Heights community in Southeast Calgary. Whether you’re a first-time buyer, growing family, or investor, this property offers comfort, convenience, and excellent value. Enjoy an unbeatable location just 15 minutes to downtown Calgary by car, 15 minutes to stoney Trail ring road and Close to public transit and nearby bus stops. Perfect for families, this home is within a short walk to schools including Keeler Elementary and Ernest Morrow Junior High. Recreation and community amenities are also nearby. Book your showing with your favourite Realtor today!!

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 595 sq ft
parking: 1
year built: 1976
property tax: $1,520 / yr
strata fee: $250 / mo ($0.42 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 171
MLS®: A2308990

features

Pets Allowed With Restrictions
Washer
Refrigerator
Stove
Dryer

monthly cost

$1,465/mo

Mortgage $1,089 · Tax $127 · Strata $250

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

estimated payment

$1,089/ monthly

loan $199,920

25-year amortization

down payment20% · $49,98020%+ 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: $126,717
land title fees: $550; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $50,530; down + land title fees
total paid: $326,637

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: $2,090/mo
after all costs: $282/mo
cap rate: 6.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,089 · tax $127 · strata $250 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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

Forest Heights, CalgaryGoogle Maps ↗

Rapid transit: Marlborough CTrain station, 1.7 km (about 26 min walk); Franklin CTrain station, 1.9 km (about 29 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Keeler School322 m
Middle · CBE Ernest Morrow School390 m
Secondary · CBE Forest Lawn High School495 m
Elementary · Catholic Holy Trinity School1.0 km
Middle · Catholic St. Martha School1.8 km
Secondary · Catholic Father Lacombe School1.1 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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