1605, 550 Riverfront Avenue SE, CALGARY

2026-08-09
 

Quick Summary

Location
1605, 550 Riverfront Avenue SE, CALGARY, Alberta T2G1E5
Price
$289,888 CAD
Status:
For Sale
Property Type:
Single Family
Area:
567 sqft
Bedrooms:
1
Bathrooms:
2
Garages:
1
Year of Construction:
2015

MLS®#A2335931

Property 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! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Playground, Shopping

Building

  • Amenities: Exercise Centre, Recreation Centre
  • Appliances: Washer, Refrigerator, Cooktop - Electric, Dishwasher, Dryer, Microwave Range Hood Combo, Oven - Built-In
  • Construction Style: Attached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Concrete
  • Fireplace: No
  • Flooring Type: Laminate
  • Interior Size: 567 sqft
  • Building Type: Apartment

Features

  • Feature: No Smoking Home

Land

  • Land Size: Unknown

Maintenance Fee

  • Maintenance Fee: 571.68

Ownership

  • Type: Condominium/Strata

Zoning

  • Description: CC-EMU

Information entered by eXp Realty
Listing information last updated on: 2026-08-08 23:47:57


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

Send a Message


One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

Q
What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.


Learn more about the One Percent Realty Deal

 

April Isaac Associate

Phone:
403-888-4003
Email:
aprilonepercent@gmail.com
Support Area:
CALGARY, SOUTH EAST CALGARY, SOUTH WEST CALGARY, NORTH CALGARY, NORTH EAST CALGARY, NORTH WEST CALGARY, EAST CALGARY, WEST CALGARY, AIRDRIE, COCHRANE, OKOTOKS, CHESTERMERE, STRATHMORE, GREATER CALGARY AREA, ROCKYVIEW, DIDSBURY, LANGDON

23 YRS EXPER, 1300+ SALES, NEGOTIATION EXPERT AND  BUYERS REPRESENTATIVE EXPERT, marketing savv ...

Full Profile

 

Anna Madden Associate

Phone:
587-830-2405
Email:
anna.madden05@gmail.com
Support Area:
Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills

Experienced Residential Realtor serving Calgary and surrounding communities. I have knowledge in buy ...

Full Profile

 

Dabs Fashola Associate

Phone:
403-619-0621
Email:
homesbydabs@gmail.com
Support Area:
Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds, Cochrane

REAL ESTATE NEGOTIATION EXPERT (RENE)Your Trusted and Experienced Realtor | Turning Real E ...

Full Profile