Cliff Bungalow, Calgary · MLS® A2352038
111
598 sq ft · Condo · Single Family · built 1968 · 11 days on market
listed by Ella Kuindersma, RE/MAX First
SUNNY SOUTH-FACING CONDO IN THE HEART OF MISSION — AIRBNB FRIENDLY!Welcome to the vibrant inner-city lifestyle of Mission and Cliff Bungalow, where some of Calgary’s best restaurants, coffee shops, boutiques, and entertainment are just steps from your front door! This beautifully maintained, updated condo offers the perfect combination of comfort, convenience, and location, whether you're looking for a place to call home or an exciting investment opportunity.Step inside to discover a bright, open-concept layout featuring stylish flooring, a spacious living room, and an inviting kitchen complete with stainless steel appliances, ample cabinetry, generous counter space, and a breakfast bar perfect for casual dining or entertaining. The sunny south-facing balcony is an ideal spot to enjoy your morning coffee, soak up the sunshine, or unwind after a busy day.The generously sized bedroom offers plenty of closet space, while the updated four-piece bathroom and convenient in-suite laundry add to the home's everyday functionality. You'll also appreciate the added bonus of titled underground parking, a fantastic feature for inner-city living!One of the biggest highlights? This is one of the few remaining buildings in the area that allows Airbnb and short-term rentals, offering incredible flexibility for homeowners and investors alike, subject to applicable bylaws and regulations.Location truly sets this property apart! Enjoy being just a short stroll from Lindsay Park, the Elbow River pathways, MNP Community & Sport Centre, and the endless dining and shopping options along 4th Street and 17th Avenue. Downtown Calgary is also within easy walking distance, making commuting, exploring, and enjoying the best of city living effortless.Whether you're a first-time buyer, a downtown professional, or an investor looking for a property in one of Calgary's most desirable and walkable neighbourhoods, this is an opportunity you won't want to miss!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $828 · tax $122 · strata $596 · 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: Victoria Park/Stampede CTrain station, 1 km (about 16 min walk); Erlton/Stampede CTrain station, 1 km (about 16 min walk).
$220,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $220,000 |
| 2025 | $244,000 |
| 2024 | $200,500 |
| 2023 | $177,500 |
| 2022 | $170,500 |
| 2021 | $176,000 |
| 2020 | $185,500 |
| 2019 | $200,000 |
From City of Calgary open data (property assessments), matched to 405 505 19 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 $1,463 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,462 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: Victoria Park/Stampede CTrain station, 1 km (about 16 min walk); Erlton/Stampede CTrain station, 1 km (about 16 min walk).
Walkability 94/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 84 places to eat or drink, 15 cafes, 16 parks and playgrounds, 6 schools, 4 pharmacies, 23 transit stops.
mihom score from OpenStreetMap places, by straight line distance.