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Home Communities Crescent Heights 401-316 1 Avenue NE
$188,000 Active
401-316 1 Avenue NE · Calgary · T2E0B2
1 bd 1.0 ba 625 sqft $301/sqft Built 1963
MLS® A2323460 · Listed Jun 23, 2026
Listed by TREC The Real Estate Company — Ron O'Shea, Brandon O'Shea
By the numbers

How this listing measures up

$/sqft $301
vs Crescent Heights median -62% community avg $495K
Sqft per bedroom 625
Year built 1963
Annual taxes $1,413 2026
Crescent Heights avg DOM 30d
$/sqft distribution

Where this listing sits in Crescent Heights

Of 42 active residential listings in Crescent Heights, this property at $301/sqft sits in the $300–350 range.
$200–$250/sqft · 3 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 · $301
Other active listings This listing's price range This listing

About this property

** NEW PRICE ** AIRBnb freindly (must have board approval) . Welcome to an outstanding opportunity in the community of Crescent Heights, one of Calgary’s most established and desirable inner-city neighbourhoods. Perfectly positioned just minutes from the downtown core, this bright and affordable 625 sq. ft. one-bedroom condominium offers exceptional value for first-time buyers, investors, or anyone seeking a low-maintenance urban lifestyle. From the moment you step inside, you’ll appreciate the modern feel created by the new vinyl plank flooring that flows throughout the spacious living and dining areas. The open-concept design maximizes every square foot, creating a comfortable and functional space for everyday living and entertaining. The large north-facing patio doors flood the home with natural light while providing a peaceful outlook over the surrounding neighbourhood. Whether enjoying your morning coffee or relaxing after a busy day, the bright living area offers a welcoming retreat. One of the standout features of this property is the building itself. Constructed of concrete with approximately 6-inch thick floor systems, residents enjoy enhanced durability and superior noise reduction, compared to many wood-frame buildings. This solid construction helps create a quieter living environment, making it an ideal choice for those who value peace and privacy. The galley-style kitchen provides ample cabinetry and workspace, while the generously sized bedroom offers plenty of room for furnishings and storage. Practicality is another major advantage. Laundry facilities are conveniently located in the hallway on the same floor, ( steps away from unit ) with other laundry rooms available on every level of the building. The assigned parking stall is ideally situated just outside the main stairwell entrance, providing quick and easy access to your vehicle year-round. Yes, there is also an elevator for anyone with mobility issues. Location is everything and Crescent Heights delivers. Residents enjoy exceptional access to downtown Calgary, river pathways, public transit, restaurants, coffee shops, shopping, and countless amenities. Whether commuting to work, enjoying a night out, or taking advantage of Calgary’s extensive pathway system, everything is within easy reach. Adding even more value are the affordable condo fees, helping keep monthly ownership costs manageable while providing the convenience and lifestyle benefits condominium living offers.

Property details

Bedrooms1
Bathrooms1.0
StyleApartment-Single Level Unit
HeatingBaseboard
CoolingNone
FlooringCeramic Tile,Laminate,Vinyl Plank
LevelsSingle Level Unit
Interior featuresNo Animal Home,No Smoking Home
AppliancesDishwasher,Electric Stove,Microwave Hood Fan,Refrigerator,Window Coverings
InclusionsNONE
LaundryCommon Area,In Hall
Exterior featuresOther
PatioBalcony(s)
Year built1963
Construction materialsBrick,Concrete
Parking featuresAssigned,Off Street,Parking Lot,Paved,Stall
Parking total1
Annual taxes$1,413
Tax year2026
PossessionImmediate,Negotiable
ZoningM-C1
TitleFee Simple
RestrictionsPet Restrictions or Board approval Required,Pets Allowed
NeighbourhoodCrescent Heights
Community featuresPark,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,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: TREC The Real Estate Company — Ron O'Shea, Brandon O'Shea.