University District, Calgary · MLS® A2352242
11
502 sq ft · Condo · Single Family · built 2024 · 4 days on market
listed by Anil Asrani, Power Properties
INVESTOR ALERT! Welcome to Argyle, a modern condominium development ideally situated in Calgary's highly desirable University District. This beautifully appointed 1 bedroom, 1 bathroom condo presents an excellent opportunity for investors looking to add to their real estate portfolio, with an existing tenant already in place. Offering a functional and thoughtfully designed floor plan, this contemporary residence features 9 foot ceilings, luxury vinyl plank flooring, modern LED lighting, and large windows that allow for an abundance of natural light. The stylish kitchen is sure to impress with quartz countertops, contemporary shaker-style cabinetry, soft-close drawers, and ample counter and storage space, making it both practical and inviting. The comfortable living area provides direct access to a spacious private balcony complete with a gas line for your BBQ, perfect for enjoying Calgary's warmer months. The generously sized bedroom, full bathroom, and convenient in-suite laundry room complete the interior living space. Additional features include roller window shades, and a separate storage locker. Residents of Argyle enjoy an impressive selection of amenities, including a fitness centre, owners' lounge, meeting room, outdoor terrace, and community garden. One of the most attractive features of this property is its exceptional location! Situated just a short walk from the University of Calgary, this vibrant and pedestrian friendly community offers an incredible selection of restaurants, coffee shops, grocery stores, and everyday conveniences. Enjoy being steps from University District's Retail Main Street, Central Commons Park, Save-On-Foods, Cineplex, OEB, Village Ice Cream, Shoppers Drug Mart, and numerous other amenities. With Foothills Medical Centre, Alberta Children's Hospital, Market Mall, and major transportation routes all conveniently nearby, this location offers exceptional accessibility and lifestyle appeal. Whether you're looking to expand your invest ment portfolio or secure a property in one of Calgary's most exciting urban communities, this tenant occupied condo offers an attractive combination of modern living, location, and investment potential. Don't miss this fantastic opportunity to own in University District!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,372 · tax $194 · strata $277 · 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: Brentwood CTrain station, 1.3 km (about 20 min walk); University CTrain station, 1.5 km (about 24 min walk).
$350,500
2026 assessment · market value as of July 1, 2025
From City of Calgary open data (property assessments), matched to 528 3932 UNIVERSITY AV NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,331 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,330 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: Brentwood CTrain station, 1.3 km (about 20 min walk); University CTrain station, 1.5 km (about 24 min walk).
Walkability 94/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 18 places to eat or drink, 7 cafes, 14 parks and playgrounds, 1 pharmacy, 20 transit stops.
mihom score from OpenStreetMap places, by straight line distance.