Get free Calgary listings weekly →
1 / 29
Investment signal

$379,500

407, 2505 17 Avenue SW

Save this home

Get free weekly matches like this → One-time signup. We text you when great homes hit MLS.

Beds

2

Baths

1

Sqft

Year

2011

Type

Single Family

Suite

Suite potential

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

For more information, please click the "More Information" button. Want to live close to downtown, tons of green space, recreation centre, C-train and public transportation, places to eat and still avoid the noise, then this is the place for you. Situated off trendy 17 Ave, this solid concrete high rise is relatively new, built with comfort and style. Interior french designs and European appliances, this 2 bedroom unit boasts a quiet interior with floor to ceiling windows, air conditioning and phenomenal views of the Calgary downtown skyline in one direction and mountains in the other. This premium unit also comes with valuable extras, including a heated underground parking stall, a secure storage unit, and dedicated bike storage. Enjoy in-suite laundry and a smartly designed layout that maximizes every inch of space, central air conditioning and the availability of fiber optic data. Tenant is great and wishes to stay. Rental income. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Richmond
Common interest
Condo/Strata
Living area
798 square feet
Bedrooms
2 above grade, 0 below grade
Parking
1 total
Condo/HOA fee
$719 monthly
Stories
11
On market
Apr 6, 2026
Status changed
Apr 29, 2026
Annual tax
$2,412 (2024)
Zoning
C-COR1 f4.74h32
Photos
29
MLS#
A2299311
Area
CALGARY_SW

Features and systems

Parking

Underground

Appliances

WasherOven - gasRange - GasDishwasherMicrowaveFreezerOven - Built-InHood FanWindow Coverings

Heating

Forced airNatural gasCentral heating

Cooling

Central air conditioningSee Remarks

Exterior

Concrete

Construction

Poured concrete

Flooring

TileHardwoodCarpeted

Foundation

Poured Concrete

Lot

ElevatorNo Smoking HomeParking

Community

Golf Course DevelopmentPets Allowed

Fee includes

Common Area MaintenanceSecurityCaretakerGround MaintenanceHeatWaterReserve Fund Contributions
Negative cash flow ~$462/mo at these assumptions

Cash on cash

-7.30%

Cap rate

3.40%

GRM

16.6

Break-even rent

$2,386

Financing

Down payment$75,900
Loan amount$303,600
Mortgage$1,538/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$174
Insurance$80
Maintenance$316
CapEx reserve$158
Vacancy loss$95

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.

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.

Mortgage estimate

Estimated $1,538/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 29, 2026.

We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.