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702, 1997 Sirocco Drive SW
homes for sale · Calgary · Signal Hill
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$425,000

702, 1997 Sirocco Drive SW

Signal Hill, Calgary · MLS® A2343093

222

1,003 sq ft · Townhouse · Single Family · built 1994 · 44 days on market

listed by Anthony Hall, Real Estate Professionals Inc.

realtor's description

Top floor, corner unit, pet friendly, close to downtown, quick access to the mountains. This fantastic 1000+sqft townhouse features 17’ vaulted ceilings, an open concept main area and a secluded east facing patio. The highlight of the living area is a WOOD BURNING fireplace with a custom surround. 2 bedrooms and 2 full bathrooms offers plenty of flexibility for those that need a extra bedroom or a home office. In unit laundry makes life easy. This unit also features radiant in floor heat throughout, ensuring even heating during the cold months. This unit also features your own heated oversized single garage, saving you from scraping car windows on winter mornings while also having room for all sorts of outdoor gear. Cactus Ridge also features a sizeable  party room that has a outdoor patio with gas grill, an indoor full kitchen, a bathroom and  a sizeable fireplace in the main area for gathering and celebrating special occasions. This location is unbeatable being close to downtown whether by car or by 5 minute walk to the Sirocco C-Train station. Further notable amenities within walkable distance are Sunterra Market, as well as West Hills shopping centre.

property details

type
Townhouse, Single Family
bedrooms
2
bathrooms
2
living area
1,003 sq ft
parking
2
year built
1994
property tax
$2,600 / yr
strata fee
$661 / mo ($0.66 / sq ft)
strata rules
Pets Allowed, Pets Allowed With Restrictions
days on market
44
MLS®
A2343093

buying in a building from 1982 to 2000: what to read first

features

  • No Animal Home
  • No Smoking Home
  • Parking
  • Pets Allowed
  • Pets Allowed With Restrictions
  • Washer

monthly cost

$2,730/mo
Mortgage $1,852 · Tax $217 · Strata $661

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

estimated payment
$1,852/ monthly
loan $340,000
25-year amortization
total interest
$215,505
land title fees
$865
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$85,865
down + land title fees
total paid
$555,505

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
−$1,212/mo
cap rate
1.8%
yearly net rent ÷ price

Costs: mortgage $1,852 · tax $217 · strata $661 · insurance ~$175 · 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

location

Signal Hill, CalgaryGoogle Maps ↗

Rapid transit: Sirocco CTrain station, 400 m (about 7 min walk); 45 Street CTrain station, 900 m (about 14 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Glenmeadows School504 m
  • Middle · CBE Vincent Massey School1.3 km
  • Secondary · CBE Ernest Manning High School1.6 km
  • Elementary · Catholic St. Thomas Aquinas School1.1 km
  • Middle · Catholic St. Gregory School589 m
  • Secondary · Catholic Bishop Carroll High School4.0 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
Anthony Hall
Real Estate Professionals Inc.
call Anthony · 403-827-9444
Powered by: REALTOR.ca
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similar homes nearby

city assessment

$391,000

2026 assessment · market value as of July 1, 2025

  • Down 6.1% from $416,500 in 2025
  • $358,000 in 2016 (9% over ten years)
  • Asking price is 9% above the assessment
  • Built 1993
  • Lot 8,410 m² (90,524 sq ft)
roll yearassessed
2026$391,000
2025$416,500
2024$364,000
2023$339,500
2022$317,000
2021$319,000
2020$342,000
2019$339,500

From City of Calgary open data (property assessments), matched to 702 1997 SIROCCO DR 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 $2,600 a year

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

The listing shows $2,600 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

Signal Hill, CalgaryGoogle Maps ↗

Rapid transit: Sirocco CTrain station, 400 m (about 7 min walk); 45 Street CTrain station, 900 m (about 14 min walk).

Drive times
  • Glenmeadows4 min
  • Ernest Manning High5 min
  • Ambrose University5 min
  • Downtown Calgary12 min
  • Foothills Medical Centre14 min
  • YYC airport32 min
79

Walkability 79/100 · Walkable: many errands on foot

Within a 10 minute walk: 1 grocery store, 9 places to eat or drink, 1 cafe, 11 parks and playgrounds, 2 schools, 1 pharmacy, 15 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

503 Signal Hill Green SW, Calgary
503 Signal Hill Green SW, Calgary, photo 2
503 Signal Hill Green SW, Calgary, photo 3
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503 Signal Hill Green SW, Calgary, photo 5
503 Signal Hill Green SW, Calgary, photo 6
503 Signal Hill Green SW, Calgary, photo 7
503 Signal Hill Green SW, Calgary, photo 8
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