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503, 1328 13 Avenue SW
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Calgary · Single Family · under $225,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Affordable inner city living in the heart of Calgary’s Beltline. This updated 1 bedroom, 1 bathroom condo offers exceptional value for first time buyers, young professionals, or investors looking to secure a well located property at an attractive price point. Featuring newer flooring, updated lighting, and a bright, functional layout, the home is move in ready and easy to enjoy. The kitchen is equipped with a stainless steel refrigerator, stainless steel range with microwave hood fan, and ample cabinet space, while the spacious living area provides plenty of room to relax or entertain. The generously sized primary bedroom offers excellent space for a full bedroom setup and features a large closet for practical everyday storage. One of the standout features of the home is the massive south facing balcony, providing an ideal outdoor retreat with plenty of sunshine. Practical features add to the appeal, including an in suite washing machine, a separate storage locker, covered assigned parking stall, secure bicycle storage, and convenient common laundry facilities within the building. The well maintained and professionally managed complex provides peace of mind for both owners and investors alike. Located on a quiet tree lined street in one of Calgary's most walkable neighbourhoods, you'll be just steps from the restaurants, cafés, boutiques, and nightlife of 17th Avenue, while downtown, parks, pathways, and transit are all within easy reach. Whether you're looking to break into the market, simplify your lifestyle, or add a solid rental property to your portfolio, this is an opportunity to own in a highly desirable inner city location for just $200,000. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 7.08 Ft | |
| Bedroom | 11.58 Ft x 12.75 Ft | |
| Dining room | 7.58 Ft x 7.25 Ft | |
| Kitchen | 7.25 Ft x 10.33 Ft | |
| Living room | 14.75 Ft x 12.00 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
2.93%
Cap rate
5.45%
GRM
11.9
Break-even rent
$1,297
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 Jul 4, 2026.
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