Calgary Real Estate Geek
Home Communities Downtown East Village 505-550 Riverfront Avenue SE
$227,500 Sold
505-550 Riverfront Avenue SE · Calgary · T2G 1E5
1 bd 2.0 ba 547 sqft $416/sqft Built 2015
MLS® A2236498 · Listed Jul 12, 2025
Listed by Real Estate Professionals Inc. — Cynthia Mackenzie
By the numbers

How this listing measures up

$/sqft $416
vs Downtown East Village median -40% community avg $379K
Sqft per bedroom 547
Year built 2015
Annual taxes $1,647 2025
Downtown East Village avg DOM 77d
$/sqft distribution

Where this listing sits in Downtown East Village

Of 59 active residential listings in Downtown East Village, this property at $416/sqft sits in the $400–450 range.
$300–$350/sqft · 2 listings $350–$400/sqft · 4 listings $400–$450/sqft · 15 listings $450–$500/sqft · 16 listings $500–$550/sqft · 13 listings $550–$600/sqft · 6 listings $600–$650/sqft · 2 listings $650–$700/sqft · 1 listing $300 $350 $400 $450 $500 $550 $600 $650 $700 This · $416
Other active listings This listing's price range This listing

About this property

This sophisticated one bedroom 1 1/2 bath home has been upgraded with beautiful cherry laminate flooring which flows throughout the open concept kitchen/Dining and Living areas. Sleek modern grey/white cabinets offer lots of storage space and anchor the well laid out kitchen with stainless appliances and a convenient movable island for entertaining in style. The island doubles as a desk and tucks into an alcove for those who need a home office space. In-suite laundry and a stylishly wall papered 2 piece guest bathroom greet you upon entering. Big sliding glass patio doors open to an East facing balcony with gas hook up and custom wooden slat flooring. It over looks a charming community courtyard. Wake up to the sunrise with the floor to ceiling windows in the generously sized primary bedroom with walk in closet and 4 piece en-suite bathroom. Enjoy the 9' ceiling, air conditioning, secure Titled parking, a large storage cage, bike room and a huge variety of amenities, which add to the downtown vibe in this well managed and maintained pet friendly building. Amenities include: 24 hour concierge service, a rentable guest suite, visitor parking, yoga studio and fitness centre (on the 3rd floor), huge lounge/party room with attached kitchen, pool room, conference room, TV lounge area and an amazing roof top deck with spectacular views of the river (on the 18th floor). Located in trendy East Village - stroll to shopping, entertainment, the City centre or Stampede Park. Public transportation and river pathways are just mins away.

Property details

Bedrooms1
Bathrooms2.0
StyleApartment-Single Level Unit
HeatingFan Coil
CoolingCentral Air
FlooringLaminate,Tile
LevelsSingle Level Unit
Interior featuresHigh Ceilings,Kitchen Island,No Animal Home,No Smoking Home,Walk-In Closet(s)
AppliancesDishwasher,Electric Stove,Microwave Hood Fan,Refrigerator,Washer/Dryer Stacked,Window Coverings
InclusionsBarbecue, outdoor furniture
LaundryIn Unit
Exterior featuresBalcony,BBQ gas line,Courtyard
PatioBalcony(s)
Year built2015
Construction materialsConcrete
Parking featuresParkade,Secured,Titled,Underground
Parking total1
Annual taxes$1,647
Tax year2025
PossessionImmediate,Negotiable
ZoningCC-EMU
TitleFee Simple
RestrictionsPet Restrictions or Board approval Required,Restrictive Covenant-Building Design/Size
NeighbourhoodDowntown East Village
Community featuresPark,Playground,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
List AORCalgary

Location

Sold comparables in Downtown East Village

42 recent sales in Downtown East Village

VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.

Sign up to see sold data

About Downtown East Village

AI-generated summary

A revitalised urban neighbourhood on the banks of the Bow River, blending modern condo towers with cultural landmarks and a gritty-yet-polished creative energy. East Village has undergone one of Calgary's most ambitious urban renewal projects over the past decade.

Anchored by the award-winning Calgary Central Library, opened in 2018
The Bow River Pathway runs directly through the neighbourhood, popular with cyclists and joggers
Part of a master-planned redevelopment led by the Calgary Municipal Land Corporation (CMLC)
Housing
Predominantly high-rise and mid-rise condominiums, with a mix of rental apartments and some newer townhome-style units along the riverwalk.
Transit
Highly walkable with a Walk Score among Calgary's highest; served by the CTrain Free Fare Zone along 7 Avenue and multiple bus routes, with easy cycling access via the Bow River Pathway.
Amenities
Home to the National Music Centre, Central Library, RiverWalk, Simmons Building dining and coffee, and close proximity to Downtown Calgary's full retail and service core.
Who lives here
Young professionals, urban dwellers, and empty-nesters drawn to a car-light lifestyle and vibrant cultural scene.
Full Downtown East Village community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

Browse Calgary homes by feature

Heritage & Character Homes New Construction Homes Character Homes Homes Near C-Train Legal Suite Homes Backing Onto Park EV Charging Homes Hot Tub Homes River Homes Walkout Basements Luxury Homes Triple Car Garage Just Listed

Similar listings in Downtown East Village

Listed by: Real Estate Professionals Inc. — Cynthia Mackenzie.