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301, 400 1st Avenue SE
homes for sale · Diamond Valley
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$359,900

301, 400 1st Avenue SE

Diamond Valley · MLS® A2353482

211

732 sq ft · Condo · Single Family · built 2007 · 5 days on market

listed by John Seacrist, Century 21 Foothills Real Estate

realtor's description

Welcome to this beautifully maintained 55+ adult living condo in the heart of Diamond Valley! This bright and inviting two-bedroom unit showcases true pride of ownership, featuring updated flooring and a spacious, open-concept layout filled with natural light. Enjoy plenty of storage throughout, along with the convenience of in-suite laundry, complete with a washer and dryer, and TELUS fibre optic connectivity in the unit. Step outside onto your generously sized private balcony, which also features an additional storage room. This well-maintained building offers fantastic amenities, including a party room for entertaining friends and family, a fitness room, and one titled underground parking stall in the heated parkade, all accessible without ever stepping outside! Ideally located within walking distance of local shops, restaurants, and everyday amenities, this is an excellent opportunity to enjoy comfortable, low-maintenance living in the welcoming community of Diamond Valley. Move-in ready and a pleasure to show!

property details

type
Condo, Single Family
bedrooms
2
bathrooms
1
living area
732 sq ft
parking
1
year built
2007
property tax
$2,282 / yr
strata fee
$304 / mo ($0.42 / sq ft)
strata rules
Pets not Allowed, Age Restrictions
days on market
5
MLS®
A2353482

features

  • No Animal Home
  • No Smoking Home
  • Parking
  • Pets not Allowed
  • Age Restrictions
  • Refrigerator
listed by
John Seacrist
Century 21 Foothills Real Estate
call John · 403-603-8260
Powered by: REALTOR.ca

similar homes nearby

monthly cost

$2,062/mo
Mortgage $1,568 · Tax $190 · Strata $304

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

estimated payment
$1,568/ monthly
loan $287,920
25-year amortization
total interest
$182,495
land title fees
$750
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$72,730
down + land title fees
total paid
$470,415

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
$1,660/mo
after all costs
−$570/mo
cap rate
3.3%
yearly net rent ÷ price

Costs: mortgage $1,568 · tax $190 · strata $304 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Alberta: CMHC's average there ($1,670) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

location

Diamond ValleyGoogle Maps ↗

property tax

about $2,987 a year

The asking price times Diamond Valley's 2026 residential rate of 8.30 per $1,000 (municipal and education).

The listing shows $2,282 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.

location

Diamond ValleyGoogle Maps ↗
Drive times
  • Oilfields High3 min
  • Oilfields General Hospital4 min
  • St. Mary's University43 min
  • Downtown Calgary60 min
  • YYC airport65 min
60

Walkability 60/100 · Walkable: many errands on foot

Within a 10 minute walk: 6 places to eat or drink, 1 cafe, 3 parks and playgrounds, 2 pharmacies.

mihom score from OpenStreetMap places, by straight line distance.

407, 404 1 Avenue SE, Diamond Valley
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Condo
$465,000
4methe deep dive
407, 404 1 Avenue SE
Diamond Valley73 days on market
listed by RE/MAX Complete Realty
1211,080 sq ft
MLS® A2336829
216 B Royal Avenue, Diamond Valley
216 B Royal Avenue, Diamond Valley, photo 2
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House
$399,000
4methe deep dive
216 B Royal Avenue
Diamond Valley99 days on market
listed by Royal LePage Solutions
323
1,236 sq ft
MLS® A2330302