Bank-owned

$179,900

550, 519 17 Avenue SW

Cliff Bungalow, City Centre Calgary, AB T2S 0A9

2 bedrooms · 1 bathrooms · 773 sq ft

Monthly fee $588.00/mo (.76 Sq Ft)

Covers: Common Area Maintenance, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, 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.

How bank-owned sales work →

About this condo

Why keep renting when you can own for less? Welcome to this beautiful 2-bedroom, 1-bathroom condo featuring a titled underground parking stall, ideally located just off the vibrant 17th Avenue SW in the heart of downtown Calgary. Enjoy an unbeatable urban lifestyle with trendy restaurants, boutique shops, coffee houses, pubs and entertainment just steps from your door. You're also within walking distance to the Scotiabank Saddledome, Stampede Grounds, BMO Centre, downtown core and the C-Train, making commuting and enjoying city life incredibly convenient. Inside, you'll be greeted by a bright and inviting open-concept layout. The functional kitchen offers ample cabinetry and seamlessly connects to the dining area and spacious living room. Step outside onto your private balcony, perfect for enjoying your morning coffee or relaxing after a long day. The thoughtfully designed floor plan features two generously sized bedrooms, including a spacious primary bedroom, along with a full 4-piece bathroom. The bedrooms are situated on the quieter side of the building, providing a peaceful retreat while still allowing you to enjoy the vibrant energy of 17th Avenue just outside your doorstep. Whether you're a first-time home buyer, downsizer, investor or looking for an ideal roommate-friendly layout, this unit offers exceptional value in one of Calgary's most desirable inner-city locations. Don't miss this incredible opportunity! Contact your favorite REALTOR® today to book your private showing before this fantastic home is gone.

Details

Status
Active
MLS® number
A2356572
Type of sale
Bank-owned
Property type
Apartment
Community
Cliff Bungalow
Building
Stratford Towers
Storeys in building
7
Year built
1964
Style
Apartment-Single Level Unit
Bedrooms
2
Bathrooms
1 full
Living area
773 sq ft (above grade)
Zoning
C-COR1
Price per sq ft
$233
Parking
Titled, Underground
Pets
Restrictions
Possession
Immediate
Listed
November 4, 2026

Features

Building amenities
Elevator(s)
Heating & cooling
Forced Air, Natural Gas, None
Flooring
Laminate
Appliances
None
Interior
No Animal Home, No Smoking Home
Exterior
Balcony, Brick, Concrete

Location

Use Up close to check for busy roads, train tracks and commercial neighbours.

Estimated monthly cost

Mortgage (20% down, 4.49%, 25 years)$796
Monthly fee$588
Property tax (2026: $1,499 ÷ 12)$125
Total before utilities and insurance$1,509

An estimate only. Your rate, down payment and mortgage insurance will change it.

What condos sold for in Cliff Bungalow

In the last 12 months, 24 condos sold in Cliff Bungalow (all sales, not just foreclosures) at a median price of $292,200 ($322 per sq ft), after a median of 32 days on the market. This one is listed at $233 per sq ft, 28% below 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 Prep Ultra Realty Ltd. MLS® A2356572.

More foreclosures in City Centre Calgary

1437 9 Street NW, Rosedale, Calgary foreclosure house New
Bank-owned
$1,021,000
1 bd · 1 ba · 1,150 sq ft
1437 9 Street NW
Rosedale · House
1020 Bel-Aire Drive SW, Bel-Aire, Calgary foreclosure house New
Bank-owned
$4,500,000
5 bd · 6 ba · 4,131 sq ft
1020 Bel-Aire Drive SW
Bel-Aire · House
101, 917 18 Avenue SW, Lower Mount Royal, Calgary foreclosure condo New
Court-ordered sale
$185,000
2 bd · 1 ba · 800 sq ft
101, 917 18 Avenue SW
Lower Mount Royal · Condo
Monthly fee $600/mo (.75 Sq Ft)
209, 777 3 Avenue SW, Downtown Commercial Core, Calgary foreclosure condo
Court-ordered sale
$299,000
2 bd · 2 ba · 871 sq ft
209, 777 3 Avenue SW
Downtown Commercial Core · Condo
Monthly fee $645/mo (.74 Sq Ft)

All City Centre Calgary foreclosures → All foreclosure condos →