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mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data via CREA's DDF®. about · terms of use · privacy · © 2026 mihom.

401, 727 56 Avenue SW
homes for sale · Calgary · Windsor Park
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$249,900

401, 727 56 Avenue SW

Windsor Park, Calgary · MLS® A2342370

211

916 sq ft · Condo · Single Family · built 1982 · 46 days on market

listed by Lily Chow, RE/MAX Real Estate (Mountain View)

Open house · Saturday, October 31, 1pm–4pm

realtor's description

Open house Saturday Sept 19 from 1 to 4pm. Fabulous spacious two bedroom unit on the top floor with a corner location. This building is in a very desirable location in Windsor Park. Close to all amenities Chinook Mall, great access into downtown and surrounding areas; ideally suited for young professionals who want an easy lifestyle. This unit boast a very spacious and functional floor plan with a large living room and dining area combination , two bedrooms, and underground parking. Modest improvements include newly installed luxury vinyl planks throughout and newer stainless steel appliances including a microwave hood fan. There is a spacious balcony that overlooks the quiet tree-lined street; enjoy a morning breakfast or simply a relaxing evening on this balcony. There is plenty of storage especially with a large storage room by the front entrance. There is also a laundry hook-up for a washer/dryer in this room. The building offers laundry facility on each of the floors for convenience. This is a well managed complex with many long term owners in the building. Don't miss out on this great opportunity; call for your private viewing today.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
1
living area
916 sq ft
parking
1
year built
1982
property tax
$1,802 / yr
strata fee
$717 / mo ($0.78 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
46
MLS®
A2342370

buying in a building from 1982 to 2000: what to read first

features

  • No Smoking Home
  • Pets Allowed With Restrictions
  • Refrigerator
  • Dishwasher
  • Stove
  • Microwave Range Hood Combo

monthly cost

$1,956/mo
Mortgage $1,089 · Tax $150 · Strata $717

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

estimated payment
$1,089/ monthly
loan $199,920
25-year amortization
total interest
$126,717
land title fees
$550
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$50,530
down + land title fees
total paid
$326,637

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
$1,840/mo
after all costs
−$298/mo
cap rate
3.8%
yearly net rent ÷ price

Costs: mortgage $1,089 · tax $150 · strata $717 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) 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

Windsor Park, CalgaryGoogle Maps ↗

Rapid transit: Chinook CTrain station, 1.2 km (about 19 min walk); 39 Avenue CTrain station, 2.1 km (about 32 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Calgary Home Education433 m
  • Elementary · Catholic St. Anthony782 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.

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

listed by
Lily Chow
RE/MAX Real Estate (Mountain View)
call Lily · 403-860-8029
Powered by: REALTOR.ca

similar homes nearby

city assessment

$271,000

2026 assessment · market value as of July 1, 2025

  • Down 4.9% from $285,000 in 2025
  • $255,000 in 2016 (6% over ten years)
  • Asking price is 8% below the assessment
  • Built 1982
  • Lot 3,094 m² (33,304 sq ft)
roll yearassessed
2026$271,000
2025$285,000
2024$222,000
2023$187,000
2022$194,500
2021$202,500
2020$202,000
2019$218,000

From City of Calgary open data (property assessments), matched to 401 727 56 AV SW. 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 $1,802 a year

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

The listing shows $1,802 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

Windsor Park, CalgaryGoogle Maps ↗
Drive times
  • Elboya3 min
  • Henry Wise Wood High5 min
  • Rockyview General Hospital7 min
  • Mount Royal University8 min
  • Downtown Calgary11 min
  • YYC airport26 min

Rapid transit: Chinook CTrain station, 1.2 km (about 19 min walk); 39 Avenue CTrain station, 2.1 km (about 32 min walk).

81

Walkability 81/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 12 places to eat or drink, 4 cafes, 8 parks and playgrounds, 1 school, 1 pharmacy, 14 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

209, 732 57 Avenue SW, Calgary
209, 732 57 Avenue SW, Calgary, photo 2
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Condo
$199,900
4methe deep dive
209, 732 57 Avenue SW
Windsor Park, Calgary10 days on market
listed by RE/MAX West Real Estate
211769 sq ft
MLS® A2351981
214, 723 57 Avenue SW, Calgary
214, 723 57 Avenue SW, Calgary, photo 2
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214, 723 57 Avenue SW, Calgary, photo 8
Condo
$219,900
4methe deep dive
214, 723 57 Avenue SW
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listed by Real Broker
221
403, 732 57 Avenue SW, Calgary
403, 732 57 Avenue SW, Calgary, photo 2
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403, 732 57 Avenue SW, Calgary, photo 8
Condo
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4methe deep dive
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21
408, 521 57 Avenue SW, Calgary
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408, 521 57 Avenue SW, Calgary, photo 8
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211
305, 635 57 Avenue SW, Calgary
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305, 635 57 Avenue SW, Calgary, photo 8
Condo
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308, 630 57 Avenue SW, Calgary
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