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1605, 550 Riverfront Avenue SE

1605, 550 Riverfront Avenue SE, Calgary, Alberta T2G1E5
$285,000
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ApartmentProperty Type
1Bedrooms
2 (+1 half)Bathrooms
567 sqftArea Size
2015Year Built
1Parking

Description

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!

Address1605, 550 Riverfront Avenue SE
NeighbourhoodDowntown East Village
CityCalgary
ProvinceAlberta
Postal CodeT2G1E5

Details

🔗 Updated on September 22, 2026 at 12:55 pm
MLS® NumberA2335931
Price$285,000
Property TypeApartment
Living Area567 sqft
Bedrooms1
Bathrooms2 (+1 half)
Year Built2015
OwnershipCondo/Strata
ZoningCC-EMU
Annual Property Tax$1,958 (2026)
Condo Fee$571.68 / Monthly

Condo Fees & Inclusions

Monthly Fee$571.68 / Monthly
Managed ByCatalyst
Common Area Maintenance
Property Management
Security
Waste Removal
Heat
Water
Insurance
Condominium Amenities
Parking
Reserve Fund Contributions
Sewer

Room Sizes

Main level
2pc Bathroom5.08 Ft x 4.58 Ft
3pc Bathroom9.00 Ft x 4.92 Ft
Bedroom18.83 Ft x 8.75 Ft
Foyer5.25 Ft x 7.83 Ft
Kitchen11.83 Ft x 10.08 Ft
Laundry room2.92 Ft x 4.50 Ft
Living room11.50 Ft x 9.92 Ft
Other4.92 Ft x 8.08 Ft

Interior & Systems

FlooringLaminate
CoolingCentral air conditioning

Appliances & Features

Washer
Refrigerator
Cooktop - Electric
Dishwasher
Dryer
Microwave Range Hood Combo
Oven - Built-In

Construction & Lot

Exterior FinishConcrete
ConstructionPoured concrete
Lot FeaturesNo Smoking Home

Parking

Total Parking1
Parking TypeUnderground

Building & Community

Exercise Centre
Recreation Centre
Pets Allowed With Restrictions

Mortgage Calculator

$0Monthly
  • Down Payment $0
  • Loan Amount $0
  • Monthly Mortgage Payment $0
  • Property Tax $0
  • Home Insurance $0
  • Monthly HOA Fees $0

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