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401, 316 1 Avenue NE, Calgary

Crescent Heights
ActiveMLS® A2323460· 118 days on market
$155,900
$249 per sq ft (asking)
Was $184,900 · reduced $29,000 (15.7%) on Oct 19, 2026
1
Bedrooms
1
Bathrooms
625
Sq ft
1963
Year built
$1,413
Property tax (2026)
$417
Condo / HOA fee /mo
CalgaryListings Insight
Tucked into the community of Crescent Heights, this 1-bedroom home at 401, 316 1 Avenue NE was built in 1963 and includes 1 bathroom and 625 sq ft of living space above grade. Standout details include vinyl plank flooring. Condo fees are approximately $417/month, including heat, water, and parking. Before writing, ask about condo fees, reserve fund health, bylaws, insurance deductibles, and building history. The recent price adjustment may change how this property compares with nearby active listings. MLS® A2323460.

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About this property

*** NEW PRICE *** . 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. AIRBnb friendly (must have board approval). 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 Taxes
$1,413/yr (2026)
Condo / HOA Fee
$416.91/mo
Original Price
$184,900

Listing Information

MLS® NumberA2323460
StatusActive
List Price$155, 900
Original Price$184, 900
Days on Market118 days
OccupancyVacant

Property Details

Property TypeApartment
Architectural StyleApartment-Single Level Unit
ZoningM-C1
Above-Grade Sq Ft625 sq ft
Year Built1963
Bedrooms1
Full Bathrooms1
Total Bathrooms1
Parking TypeAssigned, Off Street, Parking Lot, Paved, Stall

Interior

FlooringCeramic Tile, Laminate, Vinyl Plank
Fireplaces0
HeatingBaseboard
Air ConditioningNone

Exterior & Parking

ExteriorBrick, Concrete
Total Parking1
Parking TypeAssigned, Off Street, Parking Lot, Paved, Stall
Patio / DeckBalcony(s)

Site & Lot

Legal Description7511018;23

Inclusions

Dishwasher,Electric Stove,Microwave Hood Fan,Refrigerator,Window Coverings

Condo Details

Unit Number401
Monthly Condo Fee$416.91/mo
Fee IncludesHeat · Water · Parking
Unit ExposureN
Building Stories5 storeys
Parking TypeAssigned, Off Street, Parking Lot, Paved, Stall
Pet PolicyRestrictions, Yes
Building AmenitiesCoin Laundry · Elevator(s) · Parking

Room Dimensions

Main Level
Bedroom - Primary10`9" × 12`11"
Kitchen10`2" × 5`1"
4pc Bathroom0`0" × 0`0"
Living Room13`1" × 14`0"
Dining Room11`8" × 10`2"

Listing Office

TREC The Real Estate Company
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.

Property History

No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.

What did similar homes here actually sell for?

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What stands out about this listing

  • Price changeAsking $155,900, down from $184,900 (15.7% lower). We have tracked it since 2026-09-16.
  • Time on marketOn the market 118 days. Apartment condos that sold in Crescent Heights over October 2025 – September 2026 averaged 50 days.

Worked out from this MLS® record, our published community data and the other active listings in Crescent Heights. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.

Where this price sits in Crescent Heights

Asking $155,900. This listing is not directly comparable with the typical apartment condos in Crescent Heights: the gap is large enough that differences in size, age, lot or condition are more likely than a pricing signal. Lot utility, condition, permits and zoning need individual analysis, so we are not placing it against the $262,500 median sale price (October 2025 – September 2026, 73 recorded sales).

Aggregate MLS® statistics from our own published dataset (methodology). Individual sold prices stay members-only under Alberta VOW rules.

Schools near this home

  • Stanley Jones SchoolPublic (CBE) · Elementary/Junior High · 998 m · about 4 mins by carSchool website
  • Crescent Heights High SchoolPublic (CBE) · Senior High · 1.1 km · about 4 mins by carSchool website
  • Rosedale SchoolPublic (CBE) · Elementary/Junior High · 2.0 km · about 7 mins by carSchool website
  • St. Angela SchoolCatholic (CCSD) · about 3 mins by carSchool website
  • Riverside SchoolPublic (CBE) · about 4 mins by carSchool website
  • SAIT PolytechnicPost-Secondary · about 8 mins by carSchool website

Distances and drive times are measured from the centre of Crescent Heights, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.

Commute from Crescent Heights

DestinationBy carBy transit
Downtown Calgary9 mins19 mins
University of Calgary15 mins42 mins
Foothills Medical Centre14 mins37 mins
Mount Royal University16 mins38 mins
Calgary International Airport17 mins49 mins
Westside Recreation Centre26 mins43 mins

Off-peak estimates measured from the centre of Crescent Heights, not from this address. Live traffic varies.

Who lives in Crescent Heights

  • 6,240Population
  • 1.8Average household size
  • 40%Owner-occupied households
  • $72KMedian household income
  • 10%Residents aged 0–14

2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Crescent Heights census profile →

Questions about this home

Is 401, 316 1 Avenue NE for sale?

Yes. 401, 316 1 Avenue NE in Crescent Heights is an active MLS® listing (MLS® A2323460). It has been on the market 118 days. Listing data last updated 2026-10-19.

What is the asking price of 401, 316 1 Avenue NE?

401, 316 1 Avenue NE in Crescent Heights is listed at $155,900.

How many bedrooms and bathrooms does 401, 316 1 Avenue NE have?

401, 316 1 Avenue NE in Crescent Heights has 1 bedroom and 1 bathroom. The listing records 625 sq ft above grade. It is an apartment condo.

How does the asking price of 401, 316 1 Avenue NE compare with the Crescent Heights market?

It is not directly comparable with the typical apartment condos in Crescent Heights: the gap is large enough that differences in size, age, lot or condition are more likely than a pricing signal. Lot utility, condition, permits and zoning need individual analysis.

Live MLS® Data · Calgary Listings Group · Serving Calgary Since 1997

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