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544, 222 Riverfront Avenue SW
homes for sale · Calgary · Chinatown
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$339,800

544, 222 Riverfront Avenue SW

Chinatown, Calgary · MLS® A2345542

221

741 sq ft · Condo · Single Family · built 2012 · 32 days on market

listed by Keane Poon, Real Broker

realtor's description

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.

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property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
741 sq ft
parking
1
year built
2012
property tax
$2,882 / yr
strata fee
$695 / mo ($0.94 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
32
MLS®
A2345542

features

  • Guest Suite
  • Sauna
  • Gas BBQ Hookup
  • Pets Allowed With Restrictions
  • Refrigerator
  • Cooktop - Gas

monthly cost

$2,416/mo
Mortgage $1,480 · Tax $240 · Strata $695

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$1,480/ monthly
loan $271,840
25-year amortization
total interest
$172,303
land title fees
$715
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$68,675
down + land title fees
total paid
$444,143

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,840/mo
after all costs
−$758/mo
cap rate
2.6%
yearly net rent ÷ price

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

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Sunnyside School972 m
  • Middle · CBE Riverside School1.4 km
  • Secondary · CBE Crescent Heights High School989 m
  • Elementary · Catholic St. Monica School1.8 km
  • Secondary · Catholic St. Mary's High School1.8 km

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Keane Poon
Real Broker
call Keane · 403-891-4831
Powered by: REALTOR.ca
▶ virtual tour

location

Chinatown, CalgaryGoogle Maps ↗

Rapid transit: 3 Street Southwest CTrain station, 700 m (about 11 min walk); 1 Street Southwest CTrain station, 700 m (about 11 min walk).

city assessment

$433,500

2026 assessment · market value as of July 1, 2025

  • Down 10.2% from $482,500 in 2025
  • $488,000 in 2016 (-11% over ten years)
  • Asking price is 22% below the assessment
  • Built 2008
  • Lot 199 m² (2,143 sq ft)
roll yearassessed
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.

property tax

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.

location

Chinatown, CalgaryGoogle Maps ↗

Rapid transit: 3 Street Southwest CTrain station, 700 m (about 11 min walk); 1 Street Southwest CTrain station, 700 m (about 11 min walk).

Drive times
  • Calgary Chinese Private1 min
  • Bow Valley College3 min
  • Downtown Calgary4 min
  • Lady Fatima Academy4 min
  • Sheldon M. Chumir Health Centre5 min
  • YYC airport20 min
93

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.

303, 138 waterfront Court SW, Calgary
303, 138 waterfront Court SW, Calgary, photo 2
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303, 138 waterfront Court SW, Calgary, photo 8
Condo
$325,000
4methe deep dive
303, 138 waterfront Court SW
Chinatown, Calgary99 days on market
listed by TREC The Real Estate Company
111631 sq ft
MLS® A2328016
806, 118 Waterfront Court SW, Calgary
806, 118 Waterfront Court SW, Calgary, photo 2
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806, 118 Waterfront Court SW, Calgary, photo 8
Condo
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220, 222 Riverfront Avenue SW, Calgary
220, 222 Riverfront Avenue SW, Calgary, photo 2
220, 222 Riverfront Avenue SW, Calgary, photo 3
220, 222 Riverfront Avenue SW, Calgary, photo 4
220, 222 Riverfront Avenue SW, Calgary, photo 5
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220, 222 Riverfront Avenue SW, Calgary, photo 8
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1405, 128 2 Street SW, Calgary, photo 5
1405, 128 2 Street SW, Calgary, photo 6
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902, 205 Riverfront Avenue SW, Calgary, photo 8
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521, 222 Riverfront Avenue SW, Calgary, photo 8
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