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702, 760 Railway Gate SW
homes for sale · Airdrie · Downtown
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$312,500

702, 760 Railway Gate SW

Downtown, Airdrie · MLS® A2330016

332

1,255 sq ft · 171 m² lot · Townhouse · Single Family · built 2004 · 94 days on market

listed by Ella Kuindersma, RE/MAX First

realtor's description

Welcome to this well-maintained 3-bedroom, 2.5-bathroom townhome offering a functional layout and comfortable living in a great family-friendly community. Whether you're a first-time buyer, investor, or looking to downsize, this home presents a fantastic opportunity to add your own personal touches over time.The main floor features durable maple laminate flooring and a bright, open living space highlighted by a cozy corner gas fireplace. The kitchen offers plenty of cabinet and counter space and is equipped with sleek black appliances, including a convenient microwave hood fan. A 2-piece powder room completes the main level.Upstairs, the spacious primary bedroom features a walk-in closet and private 3-piece ensuite. Two additional bedrooms, a full 4-piece bathroom, and brand-new carpet throughout the upper level provide comfortable space for family, guests, or a home office.Step outside to the sunny south-facing deck, an ideal spot for enjoying your morning coffee or summer BBQs. The attached oversized single garage, full-length driveway, and ample visitor parking add everyday convenience.Located close to parks, schools, shopping, and major commuter routes, this home offers great value and plenty of potential in an established, family-friendly community. The complex is Pet Friendly too!

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
3
living area
1,255 sq ft
lot
171 m²
parking
2
year built
2004
property tax
$2,533 / yr
strata fee
$335 / mo ($0.27 / sq ft)
strata rules
Pets Allowed
listed by
Ella Kuindersma
RE/MAX First
call Ella · 403-968-1852
Powered by: REALTOR.ca

similar homes nearby

days on market
94
MLS®
A2330016

features

  • See remarks
  • No neighbours behind
  • Pets Allowed
  • Refrigerator
  • Dishwasher
  • Stove

monthly cost

$1,908/mo
Mortgage $1,362 · Tax $211 · Strata $335

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

estimated payment
$1,362/ monthly
loan $250,000
25-year amortization
total interest
$158,460
land title fees
$665
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$63,165
down + land title fees
total paid
$408,460

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
$2,090/mo
after all costs
−$160/mo
cap rate
4.6%
yearly net rent ÷ price

Costs: mortgage $1,362 · tax $211 · strata $335 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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

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

location

Downtown, AirdrieGoogle Maps ↗

property tax

about $2,151 a year

The asking price times Airdrie's 2026 residential rate of 6.88 per $1,000 (municipal and education).

The listing shows $2,533 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. Without the city's assessment this uses the asking price, so it's a rough guide.

location

Downtown, AirdrieGoogle Maps ↗
Drive times
  • Nose Creek Elementary4 min
  • St. Martin De Porres High5 min
  • YYC airport22 min
  • Downtown Calgary31 min
  • University of Calgary - Spy Hill Campus31 min
  • Alberta Children's Hospital34 min
81

Walkability 81/100 · Very walkable: most errands on foot

Within a 10 minute walk: 2 grocery stores, 5 places to eat or drink, 1 cafe, 16 parks and playgrounds, 1 pharmacy, 6 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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