314, 808 Royal Avenue SW

rent

$1,560/mo

after all costs

−$82/mo

cap rate

4.8%

yearly net rent ÷ price

Costs: mortgage $937 · tax $121 · strata $425 · 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

Rapid transit: 8 Street Southwest CTrain station, 1.3 km (about 20 min walk); 7 Street Southwest CTrain station, 1.3 km (about 20 min walk).

• Up 0.0% from $217,500 in 2025
• $238,000 in 2016 (-9% over ten years)
• Asking price is 1% below the assessment
• Built 1964
• Lot 1,159 m² (12,475 sq ft)

From City of Calgary open data (property assessments), matched to 314 808 ROYAL AV SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

about $1,446 a year

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

The listing shows $1,446 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: 8 Street Southwest CTrain station, 1.3 km (about 20 min walk); 7 Street Southwest CTrain station, 1.3 km (about 20 min walk).