401, 1320 1 Street SE

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$245,000

401, 1320 1 Street SE

Beltline, Calgary · MLS® A2347060

111

534 sq ft · Condo · Single Family · built 2014 · 18 days on market

listed by Shilpa Dattani, REMAX Innovations

realtor's description

Experience the best of Beltline living at Alura, where downtown convenience meets modern comfort. This well-maintained 1-bedroom, 1-bathroom condo offers a bright and functional layout in one of Calgary’s most desirable urban communities. Freshly painted throughout, the home features an inviting open-concept design with 9-foot ceilings and oversized windows that fill the space with natural light. The east-facing orientation offers beautiful downtown views and opens onto a private balcony — the perfect place to enjoy your morning coffee, unwind after a long day, or take in Calgary’s expansive skies. The kitchen combines functionality with plenty of storage, featuring generous cabinetry, ample counter space and a convenient breakfast bar that flows seamlessly into the living room. The spacious bedroom offers a comfortable retreat, while air conditioning and in-suite laundry provide added everyday convenience. Alura offers an impressive selection of building amenities, including concierge service, a welcoming lobby, visitor parking, a large fitness centre and a beautifully landscaped garden terrace on the second floor — an inviting space to relax, entertain or enjoy some fresh air. Underground parking and a separate storage locker are also included. Location is a major highlight, with the best of Calgary’s urban lifestyle right outside your door. Enjoy easy access to downtown, restaurants, cafes, shopping, nightlife and public transit, while Stampede Park and the BMO Centre are just minutes away. The nearby LRT makes getting around the city effortless, whether you’re heading to work, an event, a Flames game or exploring everything Calgary has to offer. A fantastic opportunity for a first-time buyer, investor or anyone looking to enjoy the convenience and energy of Beltline living. Book your private viewing today!

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 534 sq ft
parking: 1
year built: 2014
property tax: $1,642 / yr
strata fee: $408 / mo ($0.76 / sq ft)
strata rules: Pets Allowed With Restrictions, Age Restrictions
days on market: 18
MLS®: A2347060

features

Parking
Pets Allowed With Restrictions
Age Restrictions
Washer
Refrigerator
Dishwasher

monthly cost

$1,612/mo

Mortgage $1,067 · Tax $137 · Strata $408

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

estimated payment

$1,067/ monthly

loan $196,000

25-year amortization

down payment20% · $49,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $124,232
land title fees: $545; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $49,545; down + land title fees
total paid: $320,232

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: $1,560/mo
after all costs: −$212/mo
cap rate: 4.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,067 · tax $137 · strata $408 · 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

location

Beltline, CalgaryGoogle Maps ↗

Rapid transit: Victoria Park/Stampede CTrain station, 200 m (about 3 min walk); Centre Street CTrain station, 700 m (about 11 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Ramsay School1.3 km
Middle · CBE Riverside School1.7 km
Secondary · CBE Discovering Choices409 m
Elementary · Catholic St. Monica School637 m
Secondary · Catholic St. Mary's High School455 m

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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