Glenbrook, Calgary · MLS® A2345626
311
959 sq ft · Townhouse · Single Family · built 1971 · 39 days on market
listed by Craig Lamb, Real Estate Professionals Inc.
Opportunity knocks with this spacious 3-bedroom corner-unit townhouse offering plenty of potential for an investor, renovator, home flipper, or buyer looking for an affordable family home they can make their own. Currently the lowest-priced townhouse in the complex, the home is cosmetically in need of some TLC but offers a great foundation, a functional layout and nearly 1,000 sq. ft. of above-grade living space. The main floor features a bright living area and a functional kitchen with plenty of cabinet and storage space. Upstairs you'll find three good-sized bedrooms along with additional storage, while the convenience of in-suite laundry adds to the home's practicality. Being a corner unit is a definite bonus, particularly outside, where you'll enjoy a large west-facing yard with plenty of afternoon and evening sunshine — a great space for kids, pets, gardening or relaxing outdoors. The complex is pet friendly, and the home includes an assigned parking stall conveniently located close to the unit. Another great value is that heat is included in the condo fees, helping keep monthly household expenses more predictable. The location offers excellent convenience for students, families and commuters alike. Mount Royal University is just a short distance away, with French-language schooling and daycare options nearby. Transit is easily accessible, and quick connections to several major routes make it simple to reach downtown and other parts of the city. If you're willing to roll up your sleeves and add some cosmetic updates, this is a chance to build equity and create a home that suits your own style. With three bedrooms, a large sunny yard, corner-unit location and one of the most affordable price points in the complex, there's a lot of value and potential here.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,002 · tax $154 · strata $681 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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: 45 Street CTrain station, 2 km (about 32 min walk); Sirocco CTrain station, 2.3 km (about 37 min walk).
$277,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $277,500 |
| 2025 | $275,000 |
| 2024 | $204,000 |
| 2023 | $169,500 |
| 2022 | $151,000 |
| 2021 | $149,000 |
| 2020 | $154,500 |
| 2019 | $161,000 |
From City of Calgary open data (property assessments), matched to 52 3809 45 ST SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,845 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,845 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: 45 Street CTrain station, 2 km (about 32 min walk); Sirocco CTrain station, 2.3 km (about 37 min walk).
Walkability 84/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 6 places to eat or drink, 1 cafe, 12 parks and playgrounds, 2 schools, 1 pharmacy, 23 transit stops.
mihom score from OpenStreetMap places, by straight line distance.