Chinatown, Calgary · MLS® A2318766
111
514 sq ft · Condo · Single Family · built 2001 · 39 days on market
listed by Arthur Sumner, Houston Realty.ca
Open house · Sunday, October 25, 2:30pm–3:30pm
OPEN HOUSE OCT 25 2:30-3:30PM This contemporary suite with its central location is a perfect opportunity for investors or those wanting to enjoy a downtown lifestyle. Only steps away from pathways along the Bow River, Prince's Island Park, an assortment of Restaurants, Bars and Coffee Houses, this condo is a short walk to any downtown destination. It is situated on the 9th floor and features floor to ceiling windows with a stunning view of the Bow River, Sien Lok Park and the Lions Gate Bridge. Located in a concrete building, this dwelling has 9 ft ceilings, gas fireplace (open to the living/dining rooms), built in shelving, sliding patio door to a Juliet balcony, air conditioning, in suite laundry, den and titled parking(oversized and conveniently located on the main floor of the building). The Kitchen has maple cabinets with a functional breakfast bar, granite countertops and stainless-steel appliances. Investors should note this unit spent many successful years as an executive furnished suite.Directions:
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,045 · tax $130 · strata $451 · 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
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: 1 Street Southwest CTrain station, 600 m (about 9 min walk); 3 Street Southwest CTrain station, 600 m (about 10 min walk).
$234,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $234,000 |
| 2025 | $255,000 |
| 2024 | $207,000 |
| 2023 | $201,000 |
| 2022 | $188,500 |
| 2021 | $201,500 |
| 2020 | $201,500 |
| 2019 | $212,000 |
From City of Calgary open data (property assessments), matched to 902 205 RIVERFRONT 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 $1,556 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $1,556 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: 1 Street Southwest CTrain station, 600 m (about 9 min walk); 3 Street Southwest CTrain station, 600 m (about 10 min walk).
Walkability 95/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 66 places to eat or drink, 23 cafes, 13 parks and playgrounds, 1 pharmacy, 42 transit stops.
mihom score from OpenStreetMap places, by straight line distance.