408, 718 12 Avenue SW

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$150,000

408, 718 12 Avenue SW

Beltline, Calgary · MLS® A2335397

111

731 sq ft · Condo · Single Family · built 1980 · 65 days on market

listed by Justin Havre, eXp Realty

realtor's description

Welcome to this beautifully renovated 1-bedroom, 1-bathroom condo offering a perfect blend of modern style and functional design in the heart of the Beltline. Thoughtfully updated throughout, this home features full-height white kitchen cabinetry, hard surfaced countertops, a spacious island with a built-in display case, and plenty of prep and storage space, making it ideal for both everyday living and entertaining.The open-concept layout is enhanced by durable premium laminate flooring that flows through the entryway, kitchen, and living room, creating a seamless and contemporary feel. The dining area features a custom-built bench with convenient storage underneath, maximizing both style and functionality. Additional custom built-in wall cabinetry provides even more storage while adding a sophisticated touch to the living space.The spacious bedroom is complemented by a beautifully finished 3-piece bathroom featuring tile flooring, hard surfaced countertops, and a modern vessel sink. Enjoy the convenience of an in-suite laundry room with additional storage, helping keep your home organized and clutter-free.A long private balcony extends your living space outdoors while allowing an abundance of natural light to fill the home. Located just steps from restaurants, cafés, shopping, parks, transit, and downtown amenities, this move-in-ready condo offers exceptional convenience and an unbeatable urban lifestyle.Whether you're looking to purchase your first home or expand your real estate portfolio, this property is an excellent opportunity. With its modern updates, functional layout, and highly desirable inner-city location, it offers outstanding rental appeal and strong long-term investment potential.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 731 sq ft
parking: 1
year built: 1980
property tax: $1,323 / yr
strata fee: $707 / mo ($0.97 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 65
MLS®: A2335397

features

No Animal Home
No Smoking Home
Sauna
Pets Allowed With Restrictions
Refrigerator
Range - Electric

monthly cost

$1,471/mo

Mortgage $654 · Tax $110 · Strata $707

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

estimated payment

$654/ monthly

loan $120,000

25-year amortization

down payment20% · $30,00020%+ 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: $76,061
land title fees: $370; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $30,370; down + land title fees
total paid: $196,061

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: −$70/mo
cap rate: 4.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $654 · tax $110 · strata $707 · 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

Beltline, CalgaryGoogle Maps ↗

Rapid transit: 7 Street Southwest CTrain station, 500 m (about 9 min walk); 8 Street Southwest CTrain station, 600 m (about 9 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

Elementary · CBE Connaught School685 m
Middle · CBE Mount Royal School1.4 km
Secondary · CBE Western Canada High School566 m
Elementary · Catholic St. Monica School923 m
Secondary · Catholic St. Mary's High School1.1 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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