Cedarbrae, Calgary · MLS® A2316443
221
980 sq ft · Townhouse · Single Family · built 1983 · 147 days on market
listed by Jenny Mayhew, 2% Realty
Perfect for first time home owners or an investment opportunity! This bright and spacious, open-concept condo offers 2 bedrooms, 2 bathrooms, in-suite laundry, underground parking, and a west-facing balcony—the perfect place to enjoy afternoon sun and beautiful evening sunsets. The well-appointed kitchen features ample cabinetry and storage, along with a raised breakfast bar that’s ideal for casual dining and entertaining. Adjacent to the kitchen is a dedicated dining area that overlooks the inviting living room, creating a seamless space for everyday living. The generous primary bedroom includes a walk-through closet and convenient access to a private 2-piece ensuite. The second bedroom is well-sized with a large closet and is ideally situated across from the 4-piece main bathroom, in-suite laundry, and additional storage space. This well-maintained complex is known for its welcoming community and unbeatable location, within walking distance to shopping, restaurants, coffee shops, and everyday amenities. Don’t miss your opportunity—book your showing today.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,307 · tax $139 · strata $395 · insurance ~$175 · 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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$284,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $284,000 |
| 2025 | $270,000 |
| 2024 | $204,500 |
| 2023 | $190,500 |
| 2022 | $174,500 |
| 2021 | $175,500 |
| 2020 | $191,500 |
| 2019 | $198,000 |
From City of Calgary open data (property assessments), matched to 51 CEDAR SPRINGS GD SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,889 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,668 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.
Walkability 73/100 · Walkable: many errands on foot
Within a 10 minute walk: 3 places to eat or drink, 1 cafe, 11 parks and playgrounds, 1 school, 1 pharmacy, 15 transit stops.
mihom score from OpenStreetMap places, by straight line distance.