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Home Communities Crescent Heights 314-123 4 Street NE
$280,000 Terminated
314-123 4 Street NE · Calgary · T2E 8K3
1 bd 1.0 ba 423 sqft $662/sqft Built 2023
MLS® A2311121 · Listed May 15, 2026
Listed by eXp Realty — Alex Moldovan Balea
By the numbers

How this listing measures up

$/sqft $662
vs Crescent Heights median -43% community avg $491K
Sqft per bedroom 423
Year built 2023
Annual taxes $1,659 2025
Crescent Heights avg DOM 30d
$/sqft distribution

Where this listing sits in Crescent Heights

Of 43 active residential listings in Crescent Heights, this property at $662/sqft sits in the $650–700 range.
$200–$250/sqft · 4 listings $250–$300/sqft · 3 listings $300–$350/sqft · 7 listings $350–$400/sqft · 6 listings $400–$450/sqft · 5 listings $450–$500/sqft · 3 listings $500–$550/sqft · 2 listings $550–$600/sqft · 3 listings $600–$650/sqft · 5 listings $650–$700/sqft · 1 listing $700–$750/sqft · 0 listings $750–$800/sqft · 1 listing $800–$850/sqft · 1 listing $850–$900/sqft · 0 listings $900–$950/sqft · 0 listings $950–$1000/sqft · 0 listings $1000–$1050/sqft · 0 listings $1050–$1100/sqft · 1 listing $1100–$1150/sqft · 0 listings $1150–$1200/sqft · 0 listings $1200–$1250/sqft · 0 listings $1250–$1300/sqft · 0 listings $1300–$1350/sqft · 0 listings $1350–$1400/sqft · 1 listing $200 $300 $400 $500 $600 $700 $800 $900 $1000 $1100 $1200 $1300 $1400 This · $662
Other active listings This listing's price range This listing

About this property

Turnkey investment opportunity in the sought-after Era Building generating approximately $40,000 gross annually through short-term rentals. Fully furnished and Airbnb-friendly (48-hour minimum stay), this stylish 1-bedroom unit offers the perfect blend of modern urban living and cash-flow potential. Designed with sustainability in mind, the concrete-built building is targeting LEED certification with an emphasis on energy efficiency and water conservation. Inside, the bright open-concept layout features luxury vinyl plank flooring, full-height cabinetry, stainless steel appliances, and a spacious eat-in island ideal for entertaining. Floor-to-ceiling windows bring in plenty of natural light while the thoughtful layout maximizes functionality and comfort. The unit also includes in-suite laundry, titled storage, and bike storage. Residents enjoy premium amenities including an incredible rooftop patio with stunning downtown views, indoor social spaces, and the advanced 1Valet smart security and resident management system. Located just minutes from downtown, East Village, river pathways, parks, transit, and local markets, this is an exceptional opportunity for investors, first-time buyers, or anyone seeking a maintenance-free lifestyle in one of Calgary’s most forward-thinking buildings.

Property details

Bedrooms1
Bathrooms1.0
StyleApartment-Single Level Unit
HeatingForced Air
CoolingCentral Air
FlooringVinyl Plank
LevelsSingle Level Unit
Interior featuresKitchen Island,No Animal Home,No Smoking Home,Open Floorplan,Soaking Tub,Storage
AppliancesDishwasher,Dryer,Electric Stove,Microwave Hood Fan,Refrigerator,Washer
InclusionsNone
LaundryIn Unit
Exterior featuresBarbecue,Courtyard,Covered Courtyard,Fire Pit
PatioBalcony(s),Rooftop Patio
Year built2023
Construction materialsConcrete,Metal Siding
Parking featuresNone
Annual taxes$1,659
Tax year2025
PossessionBy Date Specified
ZoningDC
TitleFee Simple
RestrictionsPet Restrictions or Board approval Required
NeighbourhoodCrescent Heights
Community featuresPlayground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Tennis Court(s),Walking/Bike Paths
List AORCalgary

Location

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About Crescent Heights

AI-generated summary

A mature, established inner-city neighbourhood perched on the north hill with sweeping downtown skyline views and a relaxed, walkable character. Tree-lined streets and a strong community association give it a tight-knit, village-like feel.

One of Calgary's oldest established communities, with roots dating back to the early 1900s
Offers some of the best unobstructed views of the Calgary downtown skyline
Active community association with year-round programming and a well-used community centre
Housing
Predominantly character homes including craftsman bungalows and two-storey infills, with a growing number of modern duplexes and low-rise condos mixed throughout.
Transit
Well-served by Calgary Transit bus routes with easy access to Centre Street and 4th Street NW, and a short commute to downtown by bike via dedicated pathways.
Amenities
Residents enjoy the shops and restaurants along 4th Street NW and 16th Avenue, with close proximity to Rotary Park, the Bow River pathway system, and the North Hill Centre.
Who lives here
A diverse mix of long-time homeowners, young professionals, and families who value proximity to downtown without sacrificing a quieter residential atmosphere.
Full Crescent Heights 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.

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Listed by: eXp Realty — Alex Moldovan Balea.