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James Hughes, REALTOR®
All listings/Downtown East Village/MLS® A2335931

All photos · 48

Active · Downtown East Village

1605, 550 Riverfront Avenue SE

1 bedrooms· 2 bathrooms· 45 days listed
$285,000
N°01About the 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!

Listing history for this address
See this property's listing history.
N°02Quick facts
Listed
Aug 8, 2026
Property type
Apartment
Year built
2015
Parking total
1
Heating
Fan Coil
Cooling
Central Air
N°03Rooms
2pc BathroomMain4'7" x 5'1"
3pc Ensuite bathMain4'11" x 9'0"
BedroomMain8'9" x 18'10"
FoyerMain7'10" x 5'3"
KitchenMain10'1" x 11'10"
LaundryMain4'6" x 2'11"
Living RoomMain9'11" x 11'6"
Walk-In ClosetMain8'1" x 4'11"

Measurements deemed reliable but not guaranteed.

N°04Where it is

Pin placed at the coordinates supplied by the MLS® System.

N°05What it would carry

Estimated monthly payment

$1,400

Down payment: $57,000 · Loan: $228,000

Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.

Listing courtesy

eXp Realty · Listing agent Liz Wong

MLS®# A2335931 · Last modified 2026-09-22


Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

All measurements and property details are deemed reliable but are not guaranteed and should be independently verified.

James Hughes, REALTOR® · CIR Realty