1605, 550 Riverfront Avenue SE, Calgary photo 1 of 47

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CondoActive

Downtown East Village · Calgary

1605, 550 Riverfront Avenue SE, Calgary

$289,888

Downtown East Village, Calgary, Alberta T2G 1E5 · MLS® A2335931

1
Bedroom: 1.5
Bathrooms: 567
Sq ft above grade: $511
Per sq ft

About This Property

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!

Property Details

Interior

Bedrooms: 1
Bathrooms: 1 full · 1 half
Ensuite bathrooms: 1
Rooms above grade: 4
Above grade: 567 sq ft
Total finished: 567 sq ft
Laundry: In Unit

Interior features

No Smoking Home

Flooring

Laminate

Building

Property type: Condo
Structure: High Rise (5+ stories)
Style: Apartment-Single Level Unit
Levels: Single Level Unit
Year built: 2015
Front exposure: W
Unit exposure: W
Floor: Other
Entry level: 16
Common walls: 2+ Common Walls

Construction

Concrete

Heating, cooling & services

Heating: Fan Coil
Cooling: Central Air

Parking

Garage: None
Parking: Underground
Total parking: 1 space
Titled stalls: 1
Parking type: Titled

Outdoor living

Balcony(s)

Condo / HOA

Complex: First
Ownership type: Conventional Condo
Fee: $572/mo
Pets: Restrictions

Condo fee includes

Amenities of HOA/Condo
Common Area Maintenance
Gas
Heat
Insurance
Parking
Professional Management
Reserve Fund Contributions
Residential Manager
Security
Security Personnel
Sewer
Snow Removal
Trash
Water

Building amenities

Community Gardens
Fitness Center
Recreation Room
Roof Deck

In the community

Park
Playground
Shopping Nearby
Sidewalks
Street Lights
Walking/Bike Paths

Costs & ownership

Annual property tax: $1,958 (2026)
Condo fee: $572/mo
Title: Fee Simple
Ownership: Private
Zoning: CC-EMU
Restrictions: Pet Restrictions or Board approval Required

Listing & availability

MLS® number: A2335931
Listed: Aug 8, 2026
Days on market: 37
Possession: Other/See Remarks, Subject To Tenancy
Possession notes: Assume Tenants
Listing office: eXp Realty

Included in the sale

Appliances: Built-In Oven, Dishwasher, Dryer, Electric Cooktop, Microwave Hood Fan, Refrigerator, Washer

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

Request a free evaluation

Estimated Monthly Cost

$2,017.15/mo

Mortgage: $1,282.27
Property tax: $163.20
Condo fee: $571.68

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Listed by eXp Realty

Data provided under license by Pillar 9™.

Listing data updated Aug 19, 2026, 9:50 a.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation