3507, 1188 3 Street SE,
Calgary, Alberta
Perched on the 35th floor of a 44-storey concrete high-rise in Beltline, this two-bedroom condominium offers over 800 square feet of contemporary living with two full bathrooms and two assigned parking stalls. The building sits within walking distance of parks, schools, and shopping, placing daily essentials and green space within easy reach. Beltline's urban energy—its cafés, transit corridors, and tree-lined streets—provides a framework for both quiet evenings and spontaneous outings. At this price point, the home appeals to first-time buyers seeking proximity to downtown Calgary without sacrificing space, as well as investors drawn to the neighbourhood's rental demand and walkability. The high floor position and included parking add practical value in a building designed for vertical city living.
Inside the home
The Payment Lab
Move the sliders. Compare fixed vs. variable. See exactly what this home costs you each month, with the math we’d use in your pre-approval.
Rates last updated from 26 Canadian lenders.
Can you afford this home?
Four quick questions and we'll run the federal stress test against this specific listing. You'll see if you qualify, your monthly payment, and a personal action plan — no credit pull, no obligation.
If rates move, what wins?
Variable starts $167/mo cheaper than fixed today. But variable rates move with the Bank of Canada — if they rise, your payment rises with them. This chart shows your monthly payment if BoC moves rates up or down during your term. The crossover at +0.75% is where variable becomes more expensive than today's locked fixed.
The Bank of Canada holds rates flat, cuts, or hikes less than +0.8% during your 5-year term. You'd save roughly $167/mo for as long as that holds.
BoC raises rates more than +0.8% and keeps them there. You'd be locked in below the variable rate the rest of the term.
Every down-payment, mapped
| Scenario | Down | Mortgage | Monthly | Income req. | Rate · amort |
|---|---|---|---|---|---|
Min. Down + $17,670 CMHC | $23,250 | $459,420 | $2,477 /mo | $114,000 | 4.24% · 25 yr |
10% + $12,974 CMHC | $46,500 | $431,474 | $2,326 /mo | $108,000 | 4.24% · 25 yr |
15% + $11,067 CMHC | $69,750 | $406,317 | $2,191 /mo | $103,000 | 4.24% · 25 yr |
20% | $93,000 | $372,000 | $2,036 /mo | $97,000 | 4.39% · 25 yr |
Get pre-approved.
A few questions and we'll come back with your actual buying power and the rates you actually qualify for.
Life around 1188 3 Street SE.
You're a one-minute walk from Cardinale, where the scent of wood-fired pizza drifts onto the sidewalk most evenings, and four minutes from Velet Bike Ski Cafe—the kind of spot where regulars leave their skis by the door and the espresso pulls are consistently excellent. A two-minute stroll brings you to Pixel Park, a small green square that catches afternoon sun and fills with office workers at lunch. This stretch of the Beltline feels lived-in rather than showy, with enough daily rhythms—morning coffee runs, after-work drinks, weekend farmers market trips—that you stop thinking of yourself as new pretty quickly.
Coffee
Top 3 within 1.5 km"We loved our visit here today. Very accommodating and delicious desserts!!!!"
"Food and beverage are a bit pricey (even tho I think most cafes are priced the same) but the ambient is really nice. It’s a good spot to…"
"Such a cozy and unique café. The vibe of this place was honestly amazing — warm, aesthetic, and relaxing. The staff were super kind and…"
Restaurants
Top 3 within 1.5 km"Went for Valentine's! Atmosphere was lovely, not too bright, not too crowded, and beautiful."
"I went here for breakfast. The reason I chose this place is because I was looking for something on the healthier side and I couldn’t…"
"Been here a couple of times. It's at the back of Cowboys Casino. The food is excellent, and portions are generous. Last time I was here…"
Parks & green
Top 3 within 1.5 km"Lovely little park in the centre of town."
"This is a fantastic public space."
"The park is super clean and nice. A biking trail on one side and the river on the other. Very quiet compared to other parks in the area.…"
Recreation
Top 3 within 1.5 km"What a great honor, experience, and pleasure this was! My deepest appreciation to Mr. and Mrs. Raposo for their warm welcome and…"
"Great studio, super clean and great decor too. The teachers are dynamic, but still provide less intense alternatives if needed, which is…"
"My favorite workout studio that I've tried so far! Love the variety of classes they offer and every class challenges me. The coaches…"
Grocery
Top 3 within 1.5 km"I really enjoy stopping by Sunterra Market. The fresh options and ready-to-go home-style meals make it incredibly convenient when you…"
"Glad they had an H-Mart near the BMO center where my daughter is playing volleyball 🏐. Needed a snack at 4pm before we finish the first…"
"Real Canadian Superstore on the east side of downtown near East Village is convenient and a good option overall with the lack of options…"
