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301, 1530 16 Avenue SW
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Beds
1
Baths
1
Sqft
501
Year
1977
Type
Single Family
On market
2d
Welcome to this bright and well-maintained 1-bedroom 1-bath condo in the heart of Calgary's inner city. Offering an ideal blend of comfort, convenience, and affordability, this home is perfect for first-time buyers, investors, or those looking to enjoy a low-maintenance urban lifestyle. Location is everything, and this home delivers. Situated just one block from Calgary's vibrant 17th Avenue, you'll have easy access to some of the city's best restaurants, cafés, boutiques, nightlife, and everyday amenities. Whether you're meeting friends for dinner, grabbing a coffee, or enjoying a weekend stroll, everything you need is right outside your door. Step inside to discover a bright and functional open-concept layout featuring beautiful walnut hardwood flooring throughout, large windows that fill the space with natural light, and a spacious living room centred around a cozy corner fireplace. The living area opens onto a sunny south-facing private balcony, the perfect spot to enjoy your morning coffee or unwind at the end of the day. The kitchen offers ample cabinetry, a double sink, stainless steel appliances, and plenty of workspace, making meal preparation both practical and efficient. The generously sized bedroom provides room for a full bedroom set, while a bright bathroom features a full-sized tub and convenient under-sink storage. Additional highlights include in-suite laundry with a stacked washer and dryer, secure intercom entry, and an assigned outdoor parking stall. While the building does not have an elevator, the unit is conveniently located with quick and easy access via just one short flight of stairs. Condo fees include heat and water, helping keep monthly expenses manageable and predictable. Located just a 12-minute walk to the Sunalta C-Train Station and only steps from major bus routes, this home offers excellent access to downtown, parks, shopping, and entertainment. Professionals will love the convenience of inner-city living, while investors will appr eciate the strong rental appeal of this highly walkable location. Whether you're looking for your first home, a turnkey investment property, or a centrally located pied-à-terre, this move-in-ready condo offers exceptional value in one of Calgary's most desirable urban locations. Take a look at our 3D iGuide Tour and book a showing today! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.00 Ft x 7.42 Ft | |
| Bedroom | 11.75 Ft x 11.33 Ft | |
| Dining room | 5.33 Ft x 10.92 Ft | |
| Kitchen | 10.50 Ft x 7.75 Ft | |
| Living room | 10.25 Ft x 12.75 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
7.12%
Cap rate
6.29%
GRM
10.7
Break-even rent
$1,175
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.