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Investment signal

$224,888

417, 333 Riverfront Avenue SE

Save this home

Beds

1

Baths

1

Sqft

Year

2000

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

Looking for a Top floor, South-facing balcony with reasonable condo fees that actually make sense in a great Downtown Location. This is a smart buy for both first-time buyers and investors in a location that keeps getting better.This well-kept one-bedroom condo in East Village checks the boxes for both comfortable living and long-term value. Being on the top floor adds privacy, peace and quiet, while the south-facing balcony brings in natural light throughout the day — a feature tenants and owners both appreciate.Inside, the layout is simple and functional with an open living space that feels comfortable without wasted square footage. The kitchen flows easily into the main living area, and the bedroom is a good size, easily accommodating a queen size bed, with plenty of light. In-suite laundry adds everyday convenience.What really sets this unit apart is the affordability and low monthly costs. The building keeps condo fees down by design — fewer amenities, lower overhead — making this a strong option for buyers looking to get into the market and investors focused on cash flow.Additional features include secure underground parking, bike storage, and an extra storage locker — practical space that adds real value.The building has been consistently easy to rent, with a history of single occupants, making it a straightforward, low-maintenance investment.Location is key here. You’re steps from the Bow River pathway system for biking and walking, and within easy reach of groceries, restaurants, cafés, and everyday essentials. The new LRT station coming soon will only strengthen long-term appeal and accessibility.Whether you're looking for your first place, a clean downtown base, or a reliable rental property, this is one that simply works — top floor, sunny exposure, low costs, and a location built for both lifestyle and investment. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Downtown East Village
Common interest
Condo/Strata
Living area
478 square feet
Bedrooms
1 above grade, 0 below grade
Parking
1 total
Condo/HOA fee
$472.63 monthly
Stories
4
Fireplace
1
On market
Apr 24, 2026
Status changed
Apr 24, 2026
Annual tax
$1,350 (2025)
Zoning
CC-ET
Photos
28
MLS#
A2304592
Area
CALGARY_DOWNTOWN

Features and systems

Appliances

RefrigeratorDishwasherStoveWasher & Dryer

Heating

Baseboard heatersNatural gas

Cooling

None

Exterior

StuccoComposite Siding

Construction

Wood frame

Flooring

LaminateCeramic Tile

Lot

Closet OrganizersParking

Community

Pets Allowed With Restrictions

Fee includes

Common Area MaintenanceProperty ManagementWaste RemovalGround MaintenanceHeatWaterCondominium AmenitiesReserve Fund ContributionsSewer
Negative cash flow ~$46/mo at these assumptions

Cash on cash

-1.22%

Cap rate

4.62%

GRM

13.4

Break-even rent

$1,448

Financing

Down payment$44,978
Loan amount$179,910
Mortgage$912/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$103
Insurance$80
Maintenance$187
CapEx reserve$94
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 $912/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 24, 2026.

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