311 33 Avenue NE

Highland Park, Calgary · MLS® A2349099

314

1,159 sq ft · 5,748 sq ft lot · House · Single Family · built 1955 · 16 days on market

listed by Sean Na, MaxWell Canyon Creek

realtor's description

Developer/Builder/Investor alert! Approved Development Permit DP2025-07314 for 4 townhouse units + 4 secondary suites + detached garage (8 doors total). A shovel-ready infill site in Highland Park — the DP process is done, so you can build with confidence. Currently generating $3,000/month rental income through April 2027 to offset holding costs while you prepare to build. R-CG zoned lot with excellent access to Centre Street amenities, schools, parks and downtown. A rare chance to secure an approved 8-door project in one of Calgary's most active infill corridors.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 1
living area: 1,159 sq ft
lot: 5,748 sq ft
parking: 4
year built: 1955
property tax: $4,442 / yr
days on market: 16
MLS®: A2349099

features

Back lane
No Smoking Home
Refrigerator
Dishwasher
Stove
Microwave

city assessment

$668,000

2026 assessment · market value as of July 1, 2025

Up 0.1% from $667,500 in 2025
$453,000 in 2016 (47% over ten years)
Asking price is 27% above the assessment
Built 1955
Lot 534 m² (5,748 sq ft)

roll year	assessed
2026	$668,000
2025	$667,500
2024	$572,000
2023	$491,000
2022	$437,000
2021	$425,000
2020	$455,000
2019	$492,500

From City of Calgary open data (property assessments), matched to 311 33 AV NE. 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 $4,442 a year

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

The listing shows $4,442 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

$4,073/mo

Mortgage $3,703 · Tax $370

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

estimated payment

$3,703/ monthly

loan $679,920

25-year amortization

down payment20% · $169,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $430,960
land title fees: $1,630; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $171,610; down + land title fees
total paid: $1,110,880

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.