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Investment signal

$270,000

2B, 515 17 Avenue SW

Beds

2

Baths

1

Sqft

Year

1964

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Welcome to urban living at its finest in the heart of Cliff Bungalow. Perfectly situated right on iconic 17th Avenue SW, this spacious and beautifully furnished 2-bedroom condo offers an exceptional opportunity to enjoy the best of downtown Calgary. Whether you’re a first-time buyer, investor, or looking for a stylish inner-city home, this unit delivers the ideal blend of comfort, convenience, and lifestyle.Offering 804 sq ft, this well-appointed condo features a functional layout with 2 BEDROOMS, 1 spacious bathroom, and TITLED PARKING. Inside, you’ll find tasteful high-end furnishings, a bright and inviting living space, and a layout designed for both everyday living and entertaining. Step outside onto the balcony and enjoy stunning skyline views — the perfect setting for your morning coffee or evening unwind. Laundry is conveniently on the same floor as well.Currently used as an Airbnb and offered FULLY FURNISHED, this property presents a rare turnkey opportunity in one of Calgary’s most sought-after locations. Surrounded by some of the city’s best restaurants, pubs, cafés, and boutique shopping, you’ll love the unbeatable walkability and vibrant energy that comes with living on 17th Ave. This home is ideally positioned for those seeking true inner-city living or looking to capitalize on a flexible investment opportunity in a prime location.Don’t miss your chance to own in one of Calgary’s most iconic lifestyle communities. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Cliff Bungalow
Common interest
Condo/Strata
Living area
805 square feet
Bedrooms
2 above grade, 0 below grade
Parking
1 total
Condo/HOA fee
$522.36 monthly
Stories
8
On market
Apr 8, 2026
Status changed
Apr 15, 2026
Annual tax
$1,640 (2025)
Zoning
C-COR1 f3.0h23
Photos
33
MLS#
A2295114
Area
CALGARY_SW

Features and systems

Parking

Underground

Appliances

RefrigeratorDishwasherStoveMicrowave Range Hood Combo

Heating

Baseboard heaters

Cooling

None

Exterior

Brick

Flooring

Laminate

Lot

See remarksParking

Community

Pets Allowed With Restrictions

Fee includes

Common Area MaintenanceProperty ManagementHeatWaterInsuranceParkingReserve Fund Contributions
Negative cash flow ~$61/mo at these assumptions

Cash on cash

-1.36%

Cap rate

5.62%

GRM

11.8

Break-even rent

$1,965

Financing

Down payment$54,000
Loan amount$216,000
Mortgage$1,325/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$124
Insurance$80
Maintenance$225
CapEx reserve$113
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: 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.

Lifestyle nearby this address

Schools, halal food/grocery, mosques, parks, transit, and daily errands. Toggle categories to compare what actually matters from this address.

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HAL

Halal grocery

  1. Dahlak al food store

    1208 14 Ave SW Suite 101, Calgary, AB T3C 0V9, Canada

    3.9 rating · 47 reviews

    1.2 km

    ~2 min

  2. Khalid Halal Meat & Grocery

    4515 Macleod Trl SW, Calgary, AB T2G 0A5, Canada

    4.7 rating · 108 reviews

    2.7 km

    ~4 min

  3. Tebyan Supermarket & Halal Meat

    908 Edmonton Trl #3, Calgary, AB T2E 3K1, Canada

    4.6 rating · 143 reviews

    2.8 km

    ~5 min

EAT

Halal restaurant

  1. Shawarmalicious

    502 17 Ave SW, Calgary, AB T2S 0B1, Canada

    4.8 rating · 2,476 reviews

    0.1 km

    ~0 min

  2. Meltro Burger

    601 17 Ave SW, Calgary, AB T2S 0B3, Canada

    4.9 rating · 900 reviews

    0.1 km

    ~0 min

  3. Pho Daddy

    1304 4 St SW, Calgary, AB T2R 0X8, Canada

    4.6 rating · 1,136 reviews

    0.3 km

    ~1 min

MSQ

Mosque

  1. pàlíser

    605 5 St SW, Calgary, AB T2P 0Y3, Canada

    5.0 rating · 1 reviews

    1.1 km

    ~2 min

  2. Central United Church

    131 7 Ave SW, Calgary, AB T2P 0W5, Canada

    4.4 rating · 74 reviews

    1.1 km

    ~2 min

  3. Downtown Calgary Mosque (IISC)

    1009 7 Ave SW, Calgary, AB T2P 1A8, Canada

    4.8 rating · 404 reviews

    1.3 km

    ~2 min

PRK

Park

  1. Canoe Park

    122 Douglas Park Close SE, Calgary, AB T2Z 2B2, Canada

    4.0 rating · 3 reviews

    12.0 km

    ~19 min

  2. Douglasdale Ball Park

    135 Douglas Park Blvd SE, Calgary, AB T2Z 2M5, Canada

    4.3 rating · 3 reviews

    12.4 km

    ~20 min

  3. Douglasdale Point Park

    Calgary, AB T2Z 3B3, Canada

    4.8 rating · 6 reviews

    13.0 km

    ~21 min

EL

Elementary

  1. Earl Grey School | Calgary Board of Education

    845 Hillcrest Ave SW, Calgary, AB T2T 0Z1, Canada

    1.0 km

    ~2 min

  2. Connaught School | Calgary Board of Education

    1121 12 Ave SW, Calgary, AB T2R 1P8, Canada

    1.1 km

    ~2 min

  3. Sacred Heart School

    1312 15 St SW, Calgary, AB T3C 1G2, Canada

    1.7 km

    ~3 min

TRN

Transit

  1. Victoria Park/Stampede station

    Calgary, AB, Canada

    2.2 rating · 14 reviews

    1.0 km

    ~2 min

  2. EB 6 Street SW Station (Free Fare Zone)

    Calgary, AB T2P 1V8, Canada

    4.2 rating · 27 reviews

    1.0 km

    ~2 min

  3. 3rd Street LRT Station

    350 7 Ave SW #310, Calgary, AB T2P 3N9, Canada

    4.2 rating · 17 reviews

    1.0 km

    ~2 min

Mortgage estimate

Estimated $1,325/mo at 5.49% with 20% down, 25-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 15, 2026.

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