309 44 Street SE

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$315,000

309 44 Street SE

Forest Heights, Calgary · MLS® A2350874

323

1,189 sq ft · 269 m² lot · Townhouse · Single Family · built 1972 · 16 days on market

listed by Roger Ledene, RE/MAX Complete Realty

realtor's description

This well-located home offers 3 bedrooms upstairs and a practical layout designed for comfortable family living. Ideally situated close to parks, schools, shopping, restaurants, transit, and a variety of everyday amenities, this property offers both convenience and accessibility. Enjoy the benefits of a quiet residential setting while being just minutes from everything you need. Whether you’re a first-time buyer, a growing family, or an investor looking for a well-positioned property, this home is a great opportunity to make it your own.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,189 sq ft
lot: 269 m²
parking: 3
year built: 1972
property tax: $2,260 / yr
days on market: 16
MLS®: A2350874

features

Level
Washer
Refrigerator
Dishwasher
Dryer
Microwave Range Hood Combo

city assessment

$340,000

2026 assessment · market value as of July 1, 2025

Down 3.1% from $351,000 in 2025
$218,000 in 2016 (56% over ten years)
Asking price is 7% below the assessment
Built 1972
Lot 269 m² (2,898 sq ft)

roll year	assessed
2026	$340,000
2025	$351,000
2024	$273,500
2023	$248,000
2022	$224,500
2021	$190,000
2020	$195,000
2019	$210,000

From City of Calgary open data (property assessments), matched to 309 44 ST SE. 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 $2,261 a year

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

The listing shows $2,260 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

$1,561/mo

Mortgage $1,372 · Tax $188

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

estimated payment

$1,372/ monthly

loan $252,000

25-year amortization

down payment20% · $63,00020%+ 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: $159,727
land title fees: $670; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $63,670; down + land title fees
total paid: $411,727

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: $187/mo
cap rate: 5.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,372 · tax $188 · 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