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533 22 Avenue SW
Beds
3
Baths
3 full + 1 half
Sqft
1,267
Year
1910
Type
Single Family
On market
7d
Exceptionally charming home in a great location. Nearly 1850 square feet of developed living space with a perfect blend of preserved vintage character together with extensive renovations…a truly special residence. The main level has a glassed-in front porch leading into a bright living room, spacious dining room and a newer kitchen with great storage and workspace, stainless appliances and granite counters. A 2-piece powder room and a rear sun porch-mud room complete the main. The upper level holds a generous primary bedroom with private balcony, 2nd bedroom, renovated 4-piece bath with laundry and storage and an open flex-office space with access to a 2nd balcony with sunny south exposure. The lower level can function as part of the house (adding a family room, 3rd bedroom and full bath) or as an illegal one-bedroom suite with separate side entry. All mechanical has been upgraded (new plumbing, electrical and heating), new solid-maple hardwood floors, 98% removal of lathe-and-plaster (new drywall and insulation on exterior walls), 80% new windows (20% vintage windows retained for their character) and new roof (see Supplements for list of Features and Upgrades). Spectacular south exposure garden has been lovingly tended for decades and includes cobble-stone paths, stone patios for seating and dining, a water feature, espaliered-trees (including fruit-bearing pear trees), carefully selected perennials and enjoys a wonderful canopy of old-growth trees. The original single garage is used as a studio-woodshop. Cliff Bungalow is a top inner-city neighbourhood, with a large collection of heritage homes, easy access to the Elbow River pathway system, top schools and to the endless amenities of the 4th Street Village and 17th Avenue. A must see! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Eat in kitchen | 8.00 Ft x 10.42 Ft | |
| Bedroom | 7.50 Ft x 15.75 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Family room | 9.67 Ft x 13.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Living room | 10.33 Ft x 12.67 Ft | |
| Dining room | 11.08 Ft x 15.33 Ft | |
| Kitchen | 9.58 Ft x 14.00 Ft | |
| Other | 7.67 Ft x 9.42 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Loft | 9.00 Ft x 10.50 Ft | |
| Primary Bedroom | 9.58 Ft x 17.17 Ft | |
| Bedroom | 9.00 Ft x 11.33 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
-0.88%
Cap rate
4.69%
GRM
13.9
Break-even rent
$6,027
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 5, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.