Crescent Heights, Calgary · MLS® A2345244
111
498 sq ft · Condo · Single Family · built 1978 · 36 days on market
listed by Angelo Mancuso, CIR Realty
Pride of ownership is evident the moment you step through the door of this quaint and inviting 498 sq. ft. corner home in Crescent Heights. Situated on the third floor, this well-maintained unit offers the added privacy of a corner location, north-facing exposure, and a thoughtfully designed layout that makes excellent use of every square foot. The living room, kitchen, and hallways feature site-finished hardwood flooring, creating a warm and cohesive feel throughout the main living areas. The kitchen has been thoughtfully upgraded with stainless steel appliances, quartz countertops, a deep stainless steel sink, and new track lighting. The movable kitchen island has also been modified providing smart, functional storage and additional pantry space.Storage has clearly been a priority throughout the home, with every available space thoughtfully utilized to maximize functionality without compromising the living area. The bathroom has been upgraded with a new tub surround featuring fiberglass walls, vanity, sink, quartz countertop and lighting. A newer washer and dryer are conveniently located in a separate laundry room, adding to practical storage space.Beyond the interior improvements, the electrical system was upgraded in 2020 with a new sub-panel, arc-fault protection, and a dedicated junction box for the washing machine. The work was board-approved and completed with a City permit. The deck was also redone as part of the condominium’s common property improvements. Located close to parks, transit, restaurants, shopping, and all the amenities of Crescent Heights, this home offers an easy inner-city lifestyle with downtown just minutes away. Thoughtfully updated and exceptionally well utilized, this inviting home reflects pride of ownership throughout
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $819 · tax $113 · strata $499 · 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: Centre Street CTrain station, 1.2 km (about 19 min walk); City Hall/Bow Valley College CTrain station, 1.2 km (about 19 min walk).
Rapid transit: Centre Street CTrain station, 1.2 km (about 19 min walk); City Hall/Bow Valley College CTrain station, 1.2 km (about 19 min walk).
Walkability 81/100 · Very walkable: most errands on foot
Within a 10 minute walk: 23 places to eat or drink, 1 cafe, 11 parks and playgrounds, 15 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
$203,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $203,500 |
| 2025 | $201,000 |
| 2024 | $154,500 |
| 2023 | $156,000 |
| 2022 | $145,000 |
| 2021 | $152,500 |
| 2020 | $169,000 |
| 2019 | $180,500 |
From City of Calgary open data (property assessments), matched to 303 222 5 AV NE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,353 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,353 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.