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605, 535 8 Avenue SE
homes for sale · Calgary · Downtown East Village
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$299,900

605, 535 8 Avenue SE

Downtown East Village, Calgary · MLS® A2350168

111

592 sq ft · Condo · Single Family · built 2003 · 20 days on market

listed by Vincent Phan, 2% Realty

realtor's description

Welcome to the Orange Lofts in the heart of Calgary’s vibrant East Village. This stylish top-floor, two-storey loft showcases an open-concept design with dramatic floor to ceiling windows, polished concrete floors, exposed concrete ceilings, and an east-facing balcony that perfectly blends industrial character with contemporary urban living. The main level offers a bright and functional living space with air conditioning and plenty of room for entertaining or working from home. The industrial-inspired kitchen features stainless steel appliances, plenty of cabinetry, metal shelving, and an island. A contemporary four-piece bathroom and convenient in-suite laundry with stacked washer/dryer complete the main floor, along with a versatile space beneath the stairs that is perfect for additional storage or a home office nook. Upstairs, the lofted primary bedroom offers a private retreat with generous closet space. A titled underground heated parking stall and an assigned storage locker are available for your convenience. Some of the amenities include electricity, access to a private party room, and a stunning rooftop patio with sweeping panoramic views of Downtown Calgary. Located in the heart of The East Village, this home puts award-winning restaurants, cafés, shops, and the Bow River pathway just steps from your door. Enjoy easy access to Downtown and convenient transit options, making it effortless to explore everything the city has to offer. With its distinctive architecture, exceptional amenities, and unbeatable location, this is an ideal opportunity for those looking for a unique urban home or executive rental in one of Calgary’s most exciting neighbourhoods.

listed by
Vincent Phan
2% Realty
call Vincent · 403-973-1106
Powered by: REALTOR.ca

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property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
592 sq ft
parking
1
year built
2003
property tax
$1,941 / yr
strata fee
$571 / mo ($0.96 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
20
MLS®
A2350168

features

  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer

monthly cost

$2,039/mo
Mortgage $1,307 · Tax $162 · Strata $571

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

estimated payment
$1,307/ monthly
loan $239,920
25-year amortization
total interest
$152,071
land title fees
$640
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$60,620
down + land title fees
total paid
$391,991

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
$1,560/mo
after all costs
−$639/mo
cap rate
2.7%
yearly net rent ÷ price

Costs: mortgage $1,307 · tax $162 · strata $571 · 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

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Riverside School915 m
  • Secondary · CBE Discovering Choices446 m
  • Elementary · Catholic St. Anne Academic Centre1.4 km
  • Secondary · Catholic St. Mary's High School1.3 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.

location

Downtown East Village, CalgaryGoogle Maps ↗

Rapid transit: City Hall/Bow Valley College CTrain station, 400 m (about 7 min walk); Centre Street CTrain station, 800 m (about 12 min walk).

city assessment

$292,000

2026 assessment · market value as of July 1, 2025

  • Down 5.8% from $310,000 in 2025
  • $255,000 in 2016 (15% over ten years)
  • Asking price is 3% above the assessment
  • Built 2003
  • Lot 1,814 m² (19,528 sq ft)
roll yearassessed
2026$292,000
2025$310,000
2024$274,500
2023$250,000
2022$237,500
2021$246,000
2020$250,500
2019$257,500

From City of Calgary open data (property assessments), matched to 605 535 8 AV SE. 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 $1,942 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $1,941 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

Downtown East Village, CalgaryGoogle Maps ↗

Rapid transit: City Hall/Bow Valley College CTrain station, 400 m (about 7 min walk); Centre Street CTrain station, 800 m (about 12 min walk).

Drive times
  • Discovering Choices2 min
  • Bow Valley College2 min
  • Lady Fatima Academy3 min
  • Downtown Calgary5 min
  • Sheldon M. Chumir Health Centre6 min
  • YYC airport19 min
97

Walkability 97/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 24 places to eat or drink, 11 cafes, 11 parks and playgrounds, 1 school, 1 pharmacy, 29 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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