Highland Park, Calgary · MLS® A2350544
211
702 sq ft · Condo · Single Family · built 1983 · 17 days on market
listed by Carita Chan, Century 21 Bravo Realty
Welcome to Elk Ridge Apartments, the best value in the inner city of Calgary! This condo offers the kind of lifestyle that is becoming harder and harder to find in Calgary, low maintenance apartment living without giving up meaningful outdoor space. This home is ideal for first time buyers, young professionals, or investors looking for a move in ready property with long term value and strong rental appeal. With 702 sq ft. of functional living space, the layout is efficient and comfortable for everyday use. The bright living area features large windows for natural light, durable flooring, and an open flow between the kitchen and living space, creating a home that feels both welcoming and practical. Located in a convenient inner city setting with quick access to major roadways, public transit, shopping, restaurants, schools, and everyday amenities, this property has affordability, functionality, and lifestyle in one compelling package. For investors, the attractive price point makes this an appealing property in today’s competitive rental market.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $741 · tax $115 · strata $574 · 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.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
$207,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $207,500 |
| 2025 | $218,500 |
| 2024 | $127,500 |
| 2023 | $118,000 |
| 2022 | $112,000 |
| 2021 | $115,000 |
| 2020 | $121,500 |
| 2019 | $127,500 |
From City of Calgary open data (property assessments), matched to 7 3911 1 ST NE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,380 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,379 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.
Walkability 77/100 · Walkable: many errands on foot
Within a 10 minute walk: 3 places to eat or drink, 3 cafes, 11 parks and playgrounds, 1 school, 1 pharmacy, 23 transit stops.
mihom score from OpenStreetMap places, by straight line distance.