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Investment signal

$169,900

201, 1633 26 Avenue SW

Save this home

Beds

1

Baths

1

Sqft

Year

1978

Type

Single Family

Suite

Investment signal

Location nearby

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.

About this home

Welcome to Redwood Manor! This one-bedroom, one-bathroom condo in the community of South Calgary offers a functional layout with a private deck, UNDERGROUND assigned parking stall and a LOW CONDO FEE ($365.31, including heat, water, insurance, grounds maintenance, sewer, snow removal, trash, reserve fund contributions, and professional management). A great option for buyers entering the market or for those looking for an investment property. The kitchen features stainless steel appliances, and the unit includes a generous in-suite storage closet. Enjoy a convenient location with quick access to Marda Loop, Downtown, shopping, restaurants, and other nearby amenities. The building is well maintained, with visitor parking available for guests. Book your showing today! (id:65958)

Subtype
Single Family
Structure
Apartment
Community
South Calgary
Common interest
Condo/Strata
Living area
527 square feet
Bedrooms
1 above grade, 0 below grade
Parking
1 total
Condo/HOA fee
$365.31 monthly
Stories
3
Fireplace
1
On market
Mar 7, 2026
Status changed
Apr 21, 2026
Annual tax
$1,103 (2025)
Zoning
M-C2
Photos
29
MLS#
A2290611
Area
CALGARY_SE

Features and systems

Parking

Underground

Appliances

RefrigeratorDishwasherOvenMicrowave

Heating

Baseboard heaters

Cooling

None

Exterior

BrickStuccoWood siding

Construction

Wood frame

Flooring

TileVinyl

Community

Pets Allowed With Restrictions

Fee includes

Property ManagementWaste RemovalWaterInsuranceReserve Fund ContributionsSewer
Positive cash flow ~$271/mo at these assumptions

Cash on cash

9.57%

Cap rate

6.78%

GRM

10.1

Break-even rent

$1,115

Financing

Down payment$33,980
Loan amount$135,920
Mortgage$689/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$78
Insurance$80
Maintenance$142
CapEx reserve$71
Vacancy loss$70

Estimates 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.

Mortgage estimate

Estimated $689/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

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