Mission, Calgary · MLS® A2349366
221
1,169 sq ft · Condo · Single Family · built 1981 · 23 days on market
listed by Zehirr(Zee) Saifeddine, RE/MAX Real Estate (Mountain View)
With 24-hour front desk concierge staff and an on-site manager to help with any issues you might have, this is an entry-level opportunity at the Riverstone, one of Mission's most prestigious addresses. From the moment you pull up to the front entrance of this exclusive riverside residence, you will be impressed. The building is meticulously maintained with extensive upgrades throughout. Superbly located along the Elbow River, this property offers convenient access to an extensive route of bike and walking paths, as well as the prestigious Glenco Club. For those relaxing weekend afternoons, you have walking-distance proximity to a large array of coffee shops, restaurants and bistros. This 5th-floor unit features 2 bedrooms and 2 full bathrooms, with a West-facing view overlooking a lovely green rooftop terrace next door. Its main living area is large and inviting with loads of decorating potential. Upgrades include newer mocha-toned laminate flooring, wide baseboards, fresh paint, and refaced kitchen cabinets with white quartz countertops. The indoor swimming pool is a gorgeous, bright, open lounging area. Additional features include a hot tub, sauna, showers, a full gym, a library and a social room for special events when you want to host colleagues, friends or family and need the extra space. You also have the convenience of an on-site car wash and Tennis Courts. Also included is one titled parking space, extra, fully enclosed assigned storage and visitor parking. Your Condominium fees include every amenity you might need, with the convenience of never having to leave home!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,873 · tax $261 · strata $1,156 · 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
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: Erlton/Stampede CTrain station, 800 m (about 12 min walk); Victoria Park/Stampede CTrain station, 1.3 km (about 20 min walk).
$471,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $471,000 |
| 2025 | $451,500 |
| 2024 | $382,000 |
| 2023 | $359,000 |
| 2022 | $346,000 |
| 2021 | $328,000 |
| 2020 | $347,000 |
| 2019 | $379,000 |
From City of Calgary open data (property assessments), matched to 501 318 26 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 $3,132 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $3,132 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: Erlton/Stampede CTrain station, 800 m (about 12 min walk); Victoria Park/Stampede CTrain station, 1.3 km (about 20 min walk).
Walkability 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 26 places to eat or drink, 5 cafes, 20 parks and playgrounds, 3 schools, 2 pharmacies, 20 transit stops.
mihom score from OpenStreetMap places, by straight line distance.