Lower Mount Royal, Calgary · MLS® A2349772
111
707 sq ft · Condo · Single Family · built 1976 · 23 days on market
listed by Shane Strebchuk, eXp Realty
***Welcome to Lower Mount Royal, where one of Calgary’s most sought-after inner-city neighbourhoods meets the energy of 17th Avenue. This spacious one-bedroom, one-bathroom condo puts an incredible lifestyle right outside your door, just minutes from the shops, boutiques, restaurants, pubs and cafés of the Red Mile, along with grocery stores, fitness, parks, pathways, schools and everyday conveniences.Yet step away from 17th Avenue and you’re connected to the historic charm of Mount Royal, with its beautiful tree-lined streets, character homes, parks and pathways creating one of Calgary’s most distinctive neighbourhood settings.Inside, you’ll immediately notice just how generous the living space is. The oversized living room is filled with natural light and anchored by a cozy gas-lit, wood-burning fireplace - a rare and inviting feature. Step outside to your private balcony, with room to relax, barbecue and additional space for storage.The updated kitchen features wood countertops, refreshed cabinetry and a combination of stainless-steel and black appliances, while the adjoining dining room provides a dedicated space for entertaining or everyday meals.Even better, this home offers in-suite laundry, along with an exceptionally large hallway closet that could easily serve as pantry space or additional storage.The generous primary bedroom comfortably accommodates a king-size bed and includes its own walk-in closet, giving you the space and storage often missing from inner-city one-bedroom condos.And living in Mount Royal offers something beyond the address. Residents have the opportunity to take part in beloved community traditions and amenities, including the annual Progressive Dinner, Stampede celebrations, community tennis courts and other neighbourhood events.Walk to 17th Avenue. Come home to Mount Royal.For location, character, community and lifestyle, this is inner-city living at its best. Take action and book your private showing before this un it disappears.. This home is offered at an extraordinary value!!!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $740 · tax $123 · strata $622 · 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: 8 Street Southwest CTrain station, 1.3 km (about 20 min walk); Downtown West–Kerby CTrain station, 1.3 km (about 21 min walk).
$221,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $221,500 |
| 2025 | $239,000 |
| 2024 | $219,500 |
| 2023 | $205,500 |
| 2022 | $189,000 |
| 2021 | $198,000 |
| 2020 | $199,000 |
| 2019 | $203,000 |
From City of Calgary open data (property assessments), matched to 4 930 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 $1,473 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,473 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); Downtown West–Kerby CTrain station, 1.3 km (about 21 min walk).
Walkability 95/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 79 places to eat or drink, 10 cafes, 9 parks and playgrounds, 3 schools, 2 pharmacies, 25 transit stops.
mihom score from OpenStreetMap places, by straight line distance.