New 
1 / 2 Bank-owned
$491,000
Originally listed at $542,000
505, 530 12 Avenue SW
Beltline, City Centre Calgary, AB T2R 0B1
2 bedrooms · 2 bathrooms · 1,172 sq ft
Monthly fee $965.69/mo (.82 Sq Ft)
Covers: Common Area Maintenance, Gas, Heat, Professional Management, Reserve Fund Contributions, Trash, Water
Buying a bank-owned home
- Can I put conditions on my offer?
- Yes. Banks usually accept financing, inspection and condo document conditions.
- Will they counter or negotiate?
- Yes. The bank is on title, so it can counter-offer like a regular seller.
- How long until I know?
- Usually a few days, rarely more than a week.
About this condo
A 2-bed, 2-bath SE corner condo at Castello with two side by side titled underground parking spots. The unit features floor-to-ceiling windows, hardwood floors, a modern kitchen, a master bedroom with a walk-in closet and spa bathroom, and a second bedroom with Calgary Tower views. It includes in-suite laundry, titled storage, and a large balcony. Building amenities include a gym, guest suite, party room, visitor parking, and car wash.
Details
- Status
- Active
- MLS® number
- A2321839
- Type of sale
- Bank-owned
- Property type
- Apartment
- Community
- Beltline
- Building
- Castello
- Storeys in building
- 19
- Year built
- 2008
- Style
- Apartment-Single Level Unit
- Bedrooms
- 2
- Bathrooms
- 2 full
- Living area
- 1,172 sq ft (above grade)
- Zoning
- DC (pre 1P2007)
- Price per sq ft
- $419
- Parking
- Heated Garage, Titled, Underground
- Ensuite
- Yes
- Pets
- Restrictions, Yes
- Possession
- Other/See Remarks
- Listed
- June 17, 2026
Features
- Building amenities
- Car Wash, Elevator(s), Fitness Center, Guest Suite, Secured Parking, Storage, Visitor Parking
- Heating & cooling
- Fan Coil, Natural Gas, Central Air
- Flooring
- Carpet, Hardwood, Tile
- Appliances
- Other
- Interior
- Kitchen Island
- Exterior
- Balcony, Concrete
Use Up close to check for busy roads, train tracks and commercial neighbours.
Estimated monthly cost
Mortgage (20% down, 4.49%, 25 years)$2,172
Monthly fee$966
Property tax (2026: $3,195 ÷ 12)$266
Total before utilities and insurance$3,404
An estimate only. Your rate, down payment and mortgage insurance will change it.
What condos sold for in Beltline
In the last 12 months, 568 condos sold in Beltline (all sales, not just foreclosures) at a median price of $311,500 ($405 per sq ft), after a median of 38 days on the market. This one is listed at $419 per sq ft, 3% above that median.
Price per square foot doesn't account for condition, upgrades, lot, view or parking, and foreclosures are sold as is. Ask Jerry for a full comparison before you offer.
Listing courtesy of Diamond Realty & Associates Ltd. MLS® A2321839.
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