Lower Mount Royal, Calgary · MLS® A2352626
11
627 sq ft · Condo · Single Family · built 1962 · 9 days on market
listed by Brett Sowinski, RE/MAX First
QUITE CONCRETE BUILDING l LOW CONDO FEES l NO POST TENSION CABLES l IN-SUITE LAUNDRY l LOTS OF STREET PARKING (NO PERMIT REQUIRED) Stunning Downtown views, an oversized balcony and an unbeatable Lower Mount Royal location! This spacious 1-bedroom, 1-bathroom condo offers over 625 sq. ft. of bright, open-concept living in one of Calgary’s most desirable inner-city neighbourhoods. The functional layout features hardwood floors and a well-appointed kitchen with granite countertops, ample cabinetry and a large island that opens seamlessly into the living area. Step outside onto the oversized balcony and enjoy impressive views of the downtown skyline. Additional features include in-suite laundry, a separate storage locker, low condo fees and the added peace and quiet of a concrete building. Located just a couple blocks from vibrant 17th Avenue, you’ll have some of Calgary’s best restaurants, cafés, shopping, nightlife and everyday amenities all within walking distance. An excellent opportunity to enjoy the convenience and lifestyle of Lower Mount Royal while being just minutes from downtown. Lots of street parking is available in the surrounding area (No permit required), and outdoor parking stalls may be rented through the building’s waitlist system. Book your private showing today!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $762 · tax $129 · strata $457 · 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: Downtown West–Kerby CTrain station, 1.2 km (about 19 min walk); 8 Street Southwest CTrain station, 1.3 km (about 20 min walk).
$233,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $233,000 |
| 2025 | $249,500 |
| 2024 | $222,500 |
| 2023 | $201,000 |
| 2022 | $192,500 |
| 2021 | $192,500 |
| 2020 | $198,500 |
| 2019 | $215,500 |
From City of Calgary open data (property assessments), matched to 408 1027 CAMERON 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 $1,549 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,549 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: Downtown West–Kerby CTrain station, 1.2 km (about 19 min walk); 8 Street Southwest CTrain station, 1.3 km (about 20 min walk).
Walkability 94/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 82 places to eat or drink, 9 cafes, 11 parks and playgrounds, 3 schools, 2 pharmacies, 30 transit stops.
mihom score from OpenStreetMap places, by straight line distance.