403, 222 5 Avenue NE

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$193,000

403, 222 5 Avenue NE

Crescent Heights, Calgary · MLS® A2329337

111

500 sq ft · Condo · Single Family · built 1978 · 100 days on market

listed by Jordan Mac Isaac, CIR Realty

realtor's description

THE LOCATION & CONNECTIVITYRare top-floor corner positioning does not come up often in Regency Court! This immaculate home features a unique, wide-profile layout that maximizes natural window light while ensuring maximum privacy with only one shared common wall and absolutely no neighbours living above you.CUSTOM LIVING SPACE & DESIGN FEATURESSpotless and showing total pride of ownership, the interior showcases beautiful real hardwood floors and warm honey oak cabinetry. The open-concept living area flows seamlessly around a premium, custom EQ3 built-in media and shelving unit crafted specifically for this footprint. In the kitchen, enjoy a deep movable island, a new refrigerator, and a brand-new over-range hood fan. A separate, dedicated laundry room features custom shelving along with a brand-new, full-sized in-suite washer and dryer set.OUTDOOR SPACE & PARKINGStep outside onto your private north-facing balcony to unwind during Calgary’s beautiful summer afternoons. For your vehicles, the unit includes an assigned underground heated parking stall, plus board-monitored visitor spaces for your guests. This fantastic, well-managed concrete and brick building boasts a great community of neighbours and a completely replaced roof (2021) for ultimate long-term peace of mind.CONNECTED CRESCENT HEIGHTS LIFESTYLEExceptionally walkable and located on a quiet, mature tree-lined street just steps from Rotary Park, the off-leash dog park, kids' pool, and tennis courts. Walk straight across the historic Centre Street Bridge into downtown, or enjoy local favourites just down the road, including Sought x Found Coffee Roasters, Pizza Culture, and Bar Gigi. Easy access to SAIT, the University of Calgary, and the Memorial Drive pathway system.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 500 sq ft
parking: 1
year built: 1978
property tax: $1,373 / yr
strata fee: $499 / mo ($1.00 / sq ft)
strata rules: Pets Allowed, Pets Allowed With Restrictions
days on market: 100
MLS®: A2329337

features

See remarks
Other
Parking
Pets Allowed
Pets Allowed With Restrictions
Refrigerator

monthly cost

$1,454/mo

Mortgage $841 · Tax $114 · Strata $499

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

estimated payment

$841/ monthly

loan $154,400

25-year amortization

down payment20% · $38,60020%+ 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: $97,865
land title fees: $450; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $39,050; down + land title fees
total paid: $252,265

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: −$54/mo
cap rate: 4.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $841 · tax $114 · strata $499 · 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

Crescent Heights, CalgaryGoogle Maps ↗

Rapid transit: Centre Street CTrain station, 1.2 km (about 19 min walk); City Hall/Bow Valley College CTrain station, 1.2 km (about 19 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Stanley Jones School840 m
Secondary · CBE Crescent Heights High School679 m
Elementary · Catholic St. Alphonsus Elementary Junior High School1.5 km
Secondary · Catholic St. Isidore Online School1.9 km

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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