PRICED $10,500 BELOW THE CITY OF CALGARY'S 2025 TAX-ASSESSED VALUE OF $219,500 | All major building envelope and balcony upgrades completed in 2023 and paid in full by the current owner | All-inclusive condo fee covers heat, water, sewer, building insurance, snow removal, and heated underground parking | Direct Bow River frontage with west-facing downtown skyline view | Walk Score 97 | Six-minute walk to C-Train free fare zone | Original owner since 2000, never rented, single-occupant home for 25 years | Immediate possession | An uncommon opportunity to own a riverfront condominium in East Village at entry-level pricing. This 487 sq ft west-facing one-bedroom occupies the second floor of a quiet four-storey concrete low-rise, positioned directly on the Bow River with the Jack and Jean Leslie RiverWalk accessible from the front entrance, connecting to Prince's Island Park, St. Patrick's Island, and over 800 kilometres of Calgary's urban pathway system, the most extensive in North America. The home has been continuously owner-occupied by the original buyer since the building's completion in 2000 and arrives move-in-ready with all appliances and finishes meticulously maintained. Nine-foot ceilings and in-floor radiant heating produce a warm, quiet space with no forced-air noise, no ductwork, and no dust, making the unit feel substantially larger than its footprint. An electric fireplace anchors the open-concept living area, which opens to a private balcony framing afternoon sunlight across the river toward the downtown skyline. The kitchen is fully equipped with dishwasher, range, range hood, and refrigerator, and the layout is completed by in-suite laundry, a four-piece bathroom, and elevator access. The monthly condominium contribution consolidates six or seven separate utility and service bills into one predictable payment, including heat, water, sewer, building insurance, snow removal, professional management, reserve fund contributions, and the assigned heated und erground parking stall #156. At this price point, total monthly carrying cost is comparable to current East Village one-bedroom rental rates, allowing first-time buyers to enter the ownership market at the cost of renting while building equity from day one. Magnum York Property Management has overseen the building for 25 consecutive years. East Village continues its transformation with five new residential developments breaking ground in 2026 and the recently completed BMO Centre expansion drawing major conventions to nearby Stampede Park. Real Canadian Superstore, Studio Bell at the National Music Centre, the New Central Library, the Simmons Building, Stephen Avenue, Eau Claire, Chinatown, and the central business district are all reachable on foot, supporting long-term value in the neighbourhood. (id:55577)
