312, 811 5 Street NE

rent

$1,840/mo

after all costs

−$780/mo

cap rate

2.8%

yearly net rent ÷ price

Costs: mortgage $1,699 · tax $214 · strata $525 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) 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

Rapid transit: Bridgeland/Memorial CTrain station, 1.2 km (about 19 min walk); City Hall/Bow Valley College CTrain station, 1.5 km (about 23 min walk).

• Down 9.1% from $424,500 in 2025
• $374,000 in 2016 (3% over ten years)
• Asking price is 1% above the assessment
• Built 2015
• Lot 1,671 m² (17,983 sq ft)

From City of Calgary open data (property assessments), matched to 312 811 5 ST NE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

about $2,567 a year

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

The listing shows $2,567 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.

Rapid transit: Bridgeland/Memorial CTrain station, 1.2 km (about 19 min walk); City Hall/Bow Valley College CTrain station, 1.5 km (about 23 min walk).