401 22 Avenue NE

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$749,000

401 22 Avenue NE

Winston Heights/Mountview, Calgary · MLS® A2344817

731

1,523 sq ft · 463 m² lot · House · Single Family · built 1947 · 43 days on market

listed by Rick Qi, Century 21 Bravo Realty

realtor's description

Great investment opportunity with M-C1 zoning and a desirable corner lot! This single-family home features vinyl flooring throughout, a newer furnace and hot water tank, and a total of 7 bedrooms and 3 full bathrooms. The main floor offers 5 bedrooms, while the upper floor includes 2 additional bedrooms, providing plenty of space and flexibility for investors. Conveniently located just steps from public transit and close to shopping, playgrounds, restaurants, and other amenities. ** 401 22 Ave NE **

property details

type: House, Single Family
bedrooms: 7
bathrooms: 3
living area: 1,523 sq ft
lot: 463 m²
parking: 1
year built: 1947
property tax: $3,580 / yr
days on market: 43
MLS®: A2344817

features

Back lane
Refrigerator
Dishwasher
Stove
Range
Window Coverings

city assessment

$538,500

2026 assessment · market value as of July 1, 2025

Up 15.6% from $466,000 in 2025
$389,500 in 2016 (38% over ten years)
Asking price is 39% above the assessment
Built 1947
Lot 463 m² (4,987 sq ft)

roll year	assessed
2026	$538,500
2025	$466,000
2024	$377,000
2023	$343,500
2022	$313,000
2021	$336,000
2020	$323,500
2019	$418,000

From City of Calgary open data (property assessments), matched to 401 22 AV NE. 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 $3,581 a year

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

The listing shows $3,580 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.

monthly cost

$3,562/mo

Mortgage $3,263 · Tax $298

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

estimated payment

$3,263/ monthly

loan $599,200

25-year amortization

down payment20% · $149,80020%+ 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: $379,796
land title fees: $1,450; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $151,250; down + land title fees
total paid: $978,996

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.