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205, 1222 13 Avenue SW
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Calgary · Single Family · under $300,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to exceptional value in the heart of Calgary’s vibrant Beltline. This updated 2-bedroom, 1-bathroom condo offers 845 sqft of bright, functional living space, perfect for first-time buyers looking to enter the market or investors seeking a low-maintenance, high-demand rental property. Thoughtfully and extensively updated in 2020 (inlcuding kitchen, bathroom, floors, paint, lutron lighting system, new washer) this home is move-in or rent-ready from day one. The kitchen features updated cabinetry, tile backsplash, undermount lighting, and stainless steel appliances, maximizing both style and storage. The open-concept layout flows seamlessly into a sun filled living area, leading to a private south facing balcony, ideal for enjoying Calgary’s sunny days. The smart floorplan includes in-suite laundry, additional in-unit storage, and a flexible second bedroom with barn door, perfect as a home office, guest space, or den. Large windows throughout provide an abundance of natural light, enhancing the overall sense of space. Located in a solid, quiet concrete building with only 16 units and an assigned parking, this home offers a true inner-city lifestyle. Just steps to 17th Avenue SW and minutes to downtown, you’ll enjoy walkable access to Calgary’s best cafés, restaurants, shopping, groceries, and transit (including nearby LRT access). Building updates, including windows (2009), exterior improvements (2009 and ongoing), and mechanical upgrades inlcuding new high efficiency boiler (2011), contribute to long-term value and attractive condo fees—making this an ideal “lock-and-leave” or investment property. Whether you're looking to own your first home or expand your portfolio, this is a rare opportunity to secure an affordable property in one of Calgary’s most sought-after urban communities. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 12.25 Ft x 15.50 Ft | |
| Living room | 13.92 Ft x 17.42 Ft | |
| Primary Bedroom | 11.92 Ft x 13.33 Ft | |
| Bedroom | 10.33 Ft x 10.92 Ft | |
| 4pc Bathroom | 4.92 Ft x 13.33 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
6.02%
Cap rate
6.07%
GRM
11.2
Break-even rent
$1,631
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 19, 2026.
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Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.