Chinatown, Calgary · MLS® A2345542
221
741 sq ft · Condo · Single Family · built 2012 · 32 days on market
listed by Keane Poon, Real Broker
Welcome to #544, 222 Riverfront Avenue SW in the highly sought-after Waterfront building—an amenity-rich downtown address where location truly sets this home apart. Perfectly positioned along the Bow River, this 2 bedroom, 2 bathroom condo offers 741 sq. ft. of thoughtfully designed living space in one of Calgary’s most walkable and connected inner-city settings.Step outside and you are just moments from the Bow River pathways, Prince’s Island Park, Eau Claire, Chinatown, East Village, the downtown core, restaurants, cafés, shopping, transit, and some of Calgary’s best urban amenities. Whether you enjoy morning walks along the river, quick access to work downtown, weekend dining, or the convenience of having everything close by, this location delivers an exceptional inner-city lifestyle.Inside, the open-concept kitchen features quartz countertops, sleek floor-to-ceiling cabinetry, integrated appliances, a gas cooktop, and an integrated oven, creating a modern and elevated feel throughout the main living area. The living space flows nicely to the balcony, complete with a gas line for BBQ—perfect for enjoying summer evenings in the city. The floor plan offers excellent separation between the bedrooms, while the spacious primary bedroom includes a private 5-piece ensuite, adding a level of comfort rarely found in condos of this size.Waterfront is known for its impressive collection of building amenities, including concierge service, a fitness centre, yoga studio, hot tub, steam room/sauna, party/social room, lounge spaces, movie theatre, outdoor courtyard/garden patio, car wash, visitor parking, and more. With an unbeatable riverfront location, premium building amenities, and stylish interior finishes, this is low-maintenance urban living in one of Calgary’s most desirable downtown communities.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,480 · tax $240 · strata $695 · 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: 3 Street Southwest CTrain station, 700 m (about 11 min walk); 1 Street Southwest CTrain station, 700 m (about 11 min walk).
$433,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $433,500 |
| 2025 | $482,500 |
| 2024 | $408,000 |
| 2023 | $365,500 |
| 2022 | $346,000 |
| 2021 | $357,500 |
| 2020 | $388,000 |
| 2019 | $419,000 |
From City of Calgary open data (property assessments), matched to 544 222 RIVERFRONT 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 $2,883 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,882 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: 3 Street Southwest CTrain station, 700 m (about 11 min walk); 1 Street Southwest CTrain station, 700 m (about 11 min walk).
Walkability 93/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 64 places to eat or drink, 23 cafes, 14 parks and playgrounds, 1 pharmacy, 34 transit stops.
mihom score from OpenStreetMap places, by straight line distance.