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321 Queenston Heights SE
homes for sale · Calgary · Queensland
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$364,900

321 Queenston Heights SE

Queensland, Calgary · MLS® A2338673

321

1,176 sq ft · Townhouse · Single Family · built 1981 · 45 days on market

listed by Al Bonneville, Charles

realtor's description

Nestled in one of the community's most tranquil spots, this charming 3-bedroom, 1.5-bathroom townhome boasts an extraordinary location that sets it apart. The property backs directly onto a lush green space and within steps to Fish Creek Park, allowing youto follow the pathway down toward the Bow River and the local off-leash dog park. It is a stunning natural oasis that feels miles away from the city, yet remains just minutes from schools, shopping, and everyday conveniences.On the main floor, a bright and functional layout provides distinct areas for both living and dining. The kitchen features an eat-in breakfast area and opens seamlessly to a private, fully fenced backyard. Peaceful, quiet, and surrounded by mature nature, this outdoor retreat is perfect for hosting guests, letting children play, or relaxing while listening to the wildlife from Fish Creek Park. The complex is pet-friendly with board approval, and the new, low-maintenance vinyl fencing ensures a secure outdoor area for your pets. Townhomes with private yards and a brand-new deck are rare find; one backing onto a premier green space like this is truly exceptional.The upper level hosts three generously sized bedrooms and a full 4-piece bathroom. The spacious primary bedroom easily fits a king-sized bed, while the two additional bedrooms offer great flexibility for a home office, guests, or children. Downstairs, the fully developed basement adds valuable living space with a recreation room and a versatile den or games room. For daily convenience, the home also includes an assigned parking stall right outside your front door.With its unparalleled ridge location, family-oriented layout, and excellent potential to update and build equity, this property is a fantastic opportunity for first-time buyers, growing families, or investors. Enjoy living within walking distance of K-12 schools, major shopping centers, and some of Calgary’s most beloved natural landscapes. Locations like this cannot be replicate d, and units on this coveted side of the complex rarely hit the market. Call today to schedule your private viewing.

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
2
living area
1,176 sq ft
parking
1
year built
1981
property tax
$2,500 / yr
strata fee
$497 / mo ($0.42 / sq ft)
strata rules
Pets Allowed
days on market
45
MLS®
A2338673

features

  • Wet bar
  • No Smoking Home
  • Level
  • Parking
  • Pets Allowed
  • Washer

monthly cost

$2,295/mo
Mortgage $1,590 · Tax $208 · Strata $497

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

estimated payment
$1,590/ monthly
loan $291,920
25-year amortization
total interest
$185,030
land title fees
$760
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$73,740
down + land title fees
total paid
$476,950

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
−$547/mo
cap rate
3.4%
yearly net rent ÷ price

Costs: mortgage $1,590 · tax $208 · strata $497 · 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

location

Queensland, CalgaryGoogle Maps ↗

Rapid transit: Douglas Glen CTrain station, 2.4 km (about 37 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Wilma Hansen School323 m
  • Secondary · CBE Centennial High School4.1 km
  • Elementary · Catholic Don Bosco School383 m
  • Secondary · Catholic Bishop O'Byrne High School5.3 km

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Al Bonneville
Charles
call Al · 403-862-5709
Powered by: REALTOR.ca
▶ virtual tour

similar homes nearby

city assessment

$376,000

2026 assessment · market value as of July 1, 2025

  • Up 1.6% from $370,000 in 2025
  • $262,000 in 2016 (44% over ten years)
  • Asking price is 3% below the assessment
  • Built 1981
  • Lot 12,909 m² (138,951 sq ft)
roll yearassessed
2026$376,000
2025$370,000
2024$280,500
2023$244,500
2022$223,500
2021$217,000
2020$224,000
2019$243,000

From City of Calgary open data (property assessments), matched to 321 QUEENSTON HT 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 $2,500 a year

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

The listing shows $2,500 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.

location

Queensland, CalgaryGoogle Maps ↗
Drive times
  • Wilma Hansen1 min
  • St. Mary's University10 min
  • Dr. E.P. Scarlett High11 min
  • South Calgary Health Centre12 min
  • Downtown Calgary23 min
  • YYC airport28 min

Rapid transit: Douglas Glen CTrain station, 2.4 km (about 37 min walk).

67

Walkability 67/100 · Walkable: many errands on foot

Within a 10 minute walk: 1 place to eat or drink, 14 parks and playgrounds, 3 schools, 1 pharmacy, 18 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

738 Queenston Terrace SE, Calgary
738 Queenston Terrace SE, Calgary, photo 2
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738 Queenston Terrace SE, Calgary, photo 4
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738 Queenston Terrace SE, Calgary, photo 6
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738 Queenston Terrace SE, Calgary, photo 8
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