$ 285,000

1605, 550 Riverfront Avenue Se, Calgary

INVESTOR ALERT – TURNKEY INCOME OPPORTUNITY IN EAST VILLAGE! An exceptional opportunity to secure a tenant-occupied property generating $1,895/month in rental income with tenancy in place until April 2027. Enjoy immediate income from day one in one of Calgary’s most vibrant inner-city communities!This stylish 1-bedroom, 1.5-bath residence offers a smart, functional layout with unobstructed river valley and south East Village views. The spacious living area provides excellent flexibility for entertaining or accommodating overnight guests, while the rare 2-piece powder room adds extra convenience. Modern finishes include quartz countertops, dark flooring, contemporary tilework, sleek lighting, and a glass shower. A generous walk-in closet plus a separate storage locker in the parkade provides plenty of additional storage.The building delivers outstanding lifestyle amenities, including a spectacular top-floor indoor/outdoor recreation and entertaining space with panoramic river and city views, plus fully equipped fitness and yoga rooms with an outdoor patio on the 3rd floor.PRIME LOCATION + TENANT IN PLACE + $1,895/MONTH RENTAL INCOME + INCREDIBLE VIEWS! Whether you’re expanding your investment portfolio or securing an East Village property for the future, this is a TURNKEY OPPORTUNITY you don’t want to miss! (id:1945)
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Property details for 1605, 550 Riverfront Avenue Se, Calgary

Type
Apartment
Bedrooms
1
Bathrooms
2
Living Area
567 square feet
Parking
Underground
Cooling
Central air conditioning
Exterior
Concrete
Ownership
Condo/Strata
Annual Taxes
$1,958 (2026)
Condo Fee
$572 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 1605, 550 Riverfront Avenue Se

Active Listings
17
Min Price
$274,004
Max Price
$3,000,000
Avg Price
$619,129
Days on Market
67
days
Sold Listings
3
Min Sold Price
$350,000
Max Sold Price
$499,000
Avg Sold Price
$409,633
Days until Sold
63
days

Neighbourhood Census Data

Calgary, Alberta

Population
811
Median Age
34.9
Median Income
$47,296
Dwelling Value
$400,886

Housing Tenure

Owners 37%
Renters 63%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.5
Pop. Density: 3,025.0/km²
Avg Shelter Cost: $1,738/mo
Owners with Mortgage: 80%
Owners Spending 30%+: 20.5%
Tenants Spending 30%+: 40.3%
English only: 85.8%
English and French: 10.5%
Neither: 3.7%
Median Household Income: $65,664
Median Employment Income: $53,888

Price History

Listed
August 8, 2026
by eXp Realty
Current Price
$285,000
-1.7% from last change
Type
Apartment
For Sale
Price Changes
1
Date Price Change
Current $285,000 $4,888 (-1.7%)
Sep 22, 2026 $289,888 Listed

Contact Agent Get in touch about 1605, 550 Riverfront Avenue Se, Calgary

Liz Wong
Liz Wong
eXp Realty