408 550 Riverfront Avenue Se, Calgary

Other - 408 550 Riverfront Avenue Se, Calgary, AB T2G1E5 Photo 1

16 Photos

Den - 408 550 Riverfront Avenue Se, Calgary, AB T2G1E5 Photo 2
4pc Bathroom - 408 550 Riverfront Avenue Se, Calgary, AB T2G1E5 Photo 3
Other - 408 550 Riverfront Avenue Se, Calgary, AB T2G1E5 Photo 4
Primary Bedroom - 408 550 Riverfront Avenue Se, Calgary, AB T2G1E5 Photo 5
Living room - 408 550 Riverfront Avenue Se, Calgary, AB T2G1E5 Photo 6
Other - 408 550 Riverfront Avenue Se, Calgary, AB T2G1E5 Photo 7
  • Bedrooms: 1
  • Bathrooms: 1
  • Living area: 572.9 square feet
  • MLS®: a2122857
  • Type: Apartment
  • Added: 13 days ago

Property Details

A wonderful opportunity to become a landlord! Welcome to The East Village, a trendy area where hip eateries, indie music venues, galleries and clothing stores fill historic warehouses. Landmarks include the New Central Library, and Studio Bell which is home to the National Music Centre with displays of vintage instruments and memorabilia. The River Walk path follows the Bow River and renewed St. Patrick’s Island has wooded trails and wetlands. Perfect opportunity to add to your investment portfolio with this well priced investment condo in a prime location. Welcome to this spacious, well laid out one bedroom plus (large enough to be a second bedroom) Den in sought after "First" residences. The well designed kitchen is complete with upgraded countertops, European style cabinetry, eat at island and S/S appliances including a glass cook-top stove. The functional Living Room is perfect for entertaining and hosting board games nights. The spacious deck offers offers spectacular views. The well size bedroom is bright with large windows and his and hers walk-in closet with access to the luxurious main bath. This unit features an underground titled heated parking stall and storage locker. The "First" building goes above and beyond, offering amazing residences, providing a full lifestyle. The building's amenities are unmatched featuring a Rooftop Sky Lounge, meeting and games room, Yoga Studio, Residents Gym and much more. Situated in a prime location, you're mere moments away from some of your favorite destinations; St. Patrick's Island, the CTrain, Superstore grocery, The Core downtown shopping centre, the new Hilton Hotel, Studio Bell, Calgary Flames Hockey Arena the Saddledome, Stampede grounds, Simmons Building, and the Riverwalk, restaurants, cafes, biking path and more. Indulge in a lifestyle of luxury and convenience. Call your favorite agent right away and book your showing as this investment opportunity is truly one to be desired. (id:1945)

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Property Information

  • Cooling: None
  • List AOR: Calgary
  • Stories: 18
  • Tax Year: 2023
  • Flooring: Ceramic Tile
  • Year Built: 2015
  • Appliances: Refrigerator, Cooktop - Electric, Dishwasher, Microwave Range Hood Combo, Oven - Built-In, Washer & Dryer
  • Living Area: 572.9
  • Photos Count: 16
  • Parcel Number: 0036887454
  • Parking Total: 1
  • Bedrooms Total: 1
  • Structure Type: Apartment
  • Association Fee: 553
  • Common Interest: Condo/Strata
  • Street Dir Suffix: Southeast
  • Subdivision Name: Downtown East Village
  • Tax Annual Amount: 1521.38
  • Building Features: Exercise Centre, Party Room
  • Exterior Features: Concrete
  • Community Features: Pets Allowed With Restrictions
  • Zoning Description: CC-EMU
  • Construction Materials: Poured concrete
  • Above Grade Finished Area: 572.9
  • Association Fee Includes: Common Area Maintenance, Property Management, Security, Waste Removal, Heat, Water, Condominium Amenities, Parking, Reserve Fund Contributions, Sewer
  • Above Grade Finished Area Units: square feet
Room Dimensions
Type Level Dimensions
Other Main level 5.42 Ft x 7.08 Ft
Den Main level 8.50 Ft x 10.42 Ft
4pc Bathroom Main level 5.42 Ft x 7.83 Ft
Other Main level 8.83 Ft x 5.25 Ft
Primary Bedroom Main level 8.83 Ft x 9.67 Ft
Living room Main level 10.17 Ft x 10.00 Ft
Other Main level 10.58 Ft x 11.67 Ft
Other Main level 6.17 Ft x 9.08 Ft
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members of The Canadian Real Estate Association

Nearby Places

Name Type Address Distance
Downtown East Village, Calgary The Downtown East Village is a mixed-use neighbour... 0.2 km
Langevin Bridge The Langevin Bridge is a through truss bridge in C... 0.3 km
King Edward Hotel (Calgary) The King Edward Hotel (also known simply as The Ki... 0.4 km
Calgary Central Library The Calgary Central Library, also known as the Cal... 0.4 km
Fort Calgary Fort Calgary was established in 1875 as Fort Brise... 0.4 km
Calgary Municipal Building The Calgary Municipal Building is the seat of loca... 0.5 km
City Hall (CTrain) City Hall is a station on the CTrain light rail sy... 0.5 km
Fort Calgary Museum 806 9 Ave SE 0.5 km
Calgary City Hall The historic Calgary City Hall is currently the of... 0.5 km
Calgary Public Library The Calgary Public Library (CPL) is a distributed ... 0.5 km
Calgary Underground Film Festival The Calgary Underground Film Festival (CUFF) is a ... 0.5 km
Calgary International Film Festival The Calgary International Film Festival (CIFF) is ... 0.5 km
Similar Condos Stat in Calgary
We have found 6 Condos that closely match the specifications of the property located at 408 550 Riverfront Avenue Se with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 229,922 and 354,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the T2G1E5 postal code area of Calgary Alberta Canada.
408 550 Riverfront Avenue Se mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 408 550 Riverfront Avenue Se. The current price of the property is $339,500, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $271,600. This would result in a monthly mortgage payment of $1,588 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 65
Bachelor's degree 230
University / Below bachelor level 25
Certificate of Qualification 20
College 120
University degree at bachelor level or above 310

Neighbourhood Marital Status Stat

Married 215
Widowed 20
Divorced 75
Separated 30
Never married 300
Living common law 145
Married or living common law 360
Not married and not living common law 425

Neighbourhood Construction Date

1961 to 1980 105
1981 to 1990 35
1991 to 2000 10
2001 to 2005 40
2006 to 2010 10
1960 or before 10
Comparison of 408 550 Riverfront Avenue Se, Calgary, AB with Nearby Condos
Nearby Cities Listings Avg. price
Rural Foothills County 93 $1.883.573
Okotoks 69 $787.325
Chestermere 100 $972.870
Rural Rocky View County 250 $2.102.521
Cochrane 146 $917.597
Rural Mountain View County 84 $829.930
Canmore 126 $1.377.861
Olds 54 $722.439
Popular Cities Listings Avg. price
Lethbridge 330 $483.997
Edmonton 3876 $635.414
Vernon 861 $831.686
Kelowna 1415 $1.127.785
West Kelowna 414 $942.016
Other 692 $787.844
Penticton 624 $792.158
Kamloops 743 $798.234
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