Eau Claire, Calgary · MLS® A2331820
221
1,198 sq ft · Condo · Single Family · built 1995 · 87 days on market
listed by Robert Cote, RE/MAX House of Real Estate
Welcome to the prestigious and exclusive Prince's Island Estates in the heart of Eau Claire. Convenient and private ground floor garden bungalow surrounded by large privacy trees that offers private use of a gated and fenced yard, garden and large patio. Updated and redesigned home with an open concept floor plan, high ceilings, hardwood and tile floors, granite countertops, crown molding, gas fireplace, stainless steel appliances, 2 bedrooms, 2 baths, office area, in-suite storage room, laundry room with stack washer/dryer and very convenient direct floor access to your heated underground titled parking. Unit can be purchased turn-key with all furniture and accessories. Quick possession can be made possible. Quiet full concrete construction with 27 underground visitor parking stalls, carwash bay on P2, gated courtyard with short term parking and onsite property manager. Pet friendly building and very convenient if you have pets with this ground floor garden bungalow. Extraordinary heart of Eau Claire location along the south bank of the Bow River next to beautiful Prince's Island Park, world-class pathway system, Eau Claire Athletic Club, and close to great restaurants and fine dining, outstanding cafes and bakeries, plus 15 skywalk system, LRT & Transportation, Peace Bridge and just a short walk to Kensington shopping and Calgary's vibrant city center. Time to enjoy the ultimate in downtown urban living!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $2,505 · tax $218 · strata $1,023 · 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.
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Rapid transit: 4 Street Southwest CTrain station, 700 m (about 11 min walk); 3 Street Southwest CTrain station, 800 m (about 12 min walk).
$393,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $393,500 |
| 2025 | $473,000 |
| 2024 | $413,500 |
| 2023 | $354,000 |
| 2022 | $335,500 |
| 2021 | $352,000 |
| 2020 | $364,000 |
| 2019 | $384,500 |
From City of Calgary open data (property assessments), matched to 7101 400 EAU CLAIRE AV SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,617 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $2,616 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.
Rapid transit: 4 Street Southwest CTrain station, 700 m (about 11 min walk); 3 Street Southwest CTrain station, 800 m (about 12 min walk).
Walkability 88/100 · Very walkable: most errands on foot
Within a 10 minute walk: 30 places to eat or drink, 16 cafes, 11 parks and playgrounds, 23 transit stops.
mihom score from OpenStreetMap places, by straight line distance.