University District, Calgary · MLS® A2353761
11
502 sq ft · Condo · Single Family · built 2024 · 4 days on market
listed by Anil Asrani, Power Properties
EXCELLENT INVESTMENT OPPORTUNITY IN UNIVERSITY DISTRICT! Discover contemporary urban living in the highly sought-after Argyle condominium development, ideally located in one of Calgary's most vibrant and desirable communities. This stylish 1 bedroom, 1 bathroom condo offers an attractive opportunity for investors, with a tenant already in place, making it an appealing addition to any real estate portfolio. Thoughtfully designed with modern finishes and a functional open-concept floor plan, this residence features impressive 9-foot ceilings, luxury vinyl plank flooring, contemporary lighting, and large windows that create a bright and welcoming atmosphere. The beautifully appointed kitchen is the heart of the home, showcasing elegant quartz countertops, modern shaker-style cabinetry, soft-close drawers, and plenty of space for preparing meals and entertaining. The adjoining living area offers a comfortable setting to relax and unwind, with direct access to a generously sized private balcony complete with a gas line for your BBQ. The spacious bedroom, full 3 piece bathroom, and convenient in-suite laundry room complete this well-designed living space. Additional highlights include roller window shades, and a separate storage locker. Residents enjoy access to a fantastic selection of building amenities, including a fully equipped fitness centre, owners' lounge, meeting room, outdoor terrace, and community garden. LOCATION is one of the biggest selling features of this property! Situated within walking distance of the University of Calgary and just steps from the bustling University District Retail Main Street, you'll find an incredible selection of shops, restaurants, cafes, and everyday conveniences right outside your door. Enjoy nearby Central Commons Park, Save-On-Foods, Cineplex, OEB, Village Ice Cream, Shoppers Drug Mart, and much more. Foothills Medical Centre, Alberta Children's Hospital, Market Mall, and major transportation routes are all conveniently accessib le, making this an ideal location for those who appreciate the convenience of urban living. With an existing tenant in place and a location that offers exceptional accessibility to major employment centres, educational institutions, and amenities, this property presents an exciting opportunity for investors looking to secure real estate in Calgary's thriving University District. Don't miss your chance to own in this outstanding community!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,372 · tax $193 · strata $277 · 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
Nearest public (CBE) and Catholic schools, by distance
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.
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Rapid transit: Brentwood CTrain station, 1.3 km (about 20 min walk); University CTrain station, 1.5 km (about 24 min walk).
Rapid transit: Brentwood CTrain station, 1.3 km (about 20 min walk); University CTrain station, 1.5 km (about 24 min walk).
Walkability 94/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 18 places to eat or drink, 7 cafes, 14 parks and playgrounds, 1 pharmacy, 20 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
$347,500
2026 assessment · market value as of July 1, 2025
From City of Calgary open data (property assessments), matched to 322 3932 UNIVERSITY AV NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,311 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,310 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.