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OFFER:
Refer Your Friends - $500 Rental Credit! Did you know you can refer a friend to join the Avenue Living family? We'll give you a $500 rental credit as a way to say thanks! Terms and conditions apply.
Rent Special
Pet Friendly
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Elkwater Apartments receives a strong Zumper Expert Rating of 8.5, reflecting its overall appeal as a rental option. It excels in key areas such as amenities with a perfect rating of 10, competitive pricing at 9, and a convenient location rated 9, ensuring an elevated quality of life for residents. Additionally, the property is recognized for its pet-friendly outdoor spaces, enhancing its attractiveness to potential renters.
Great for
Pet owners| - 1 Bedroom | 1 bed | 1 bath | 651 sqft | $1,530 /mo | 1 unit available | ||
| - 2 Bedroom | 2 bed | 1 bath | 868 sqft | $1,580 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Balcony | Heat |
| Hot Water |
Appliances
| Dishwasher | Fridge |
| Oven | Stove |
Tech
| Cable Ready |
Building
| Cats OK | Controlled Entrance |
| Dogs OK | Elevator |
| Heated Underground Parking | Onsite Laundry |
Neighborhood
| Public Transit | Shopping Nearby |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12 months |
|---|
Amenities: Great Location • Underground Parking • Elevators Suite & Building: - One-bedroom and two-bedroom suites - Suites come with appliances such as stove, fridge and dishwasher - Elevator - Balcony - Cable ready - Laundry facilities - Heat and water included - Residents have access to heated underground parking Neighbourhood: - Quiet neighbourhood with a family-oriented community - Short drive to Glenmore Trail, Crowchild Trail, Elbow Drive, and Macleod Trail - Chinook Mall within a five-minute walk - Quick commute to Glenmore Reservoir LIMITED TIME OFFER - Get 1 Month Free on a 13-Month Lease! *Terms and conditions apply. Enjoy the convenience of living in a quiet environment! - This property is built with concrete for better soundproofing and noise minimization between neighbours. - Concrete buildings are effective at reducing noise due to their high density and mass. When you rent with Avenue Living, you’re choosing the advantage. Enjoy… - 24-hour resident service - Three-day maintenance turnaround - Professional cleaning & landscaping - On-site management team - Refer-a-friend program - AND even more benefits that make renting with us simple! Additional Offer: Rent payment reporting to Equifax and flexible rent payments available | Powered by: [Zenbase](https myzenbase com avenueliving) About the Property Welcome to Elkwater Apartments, where comfort and convenience come together in a welcoming community. These thoughtfully designed apartments offer practical layouts with essential amenities, providing everything you need to safely call Elkwater Apartments home. With easy access to local shops, dining, and public transportation, you'll always be close to what matters most. Experience the perfect blend of comfort and convenience while living with Avenue Living. Contact us today to schedule a showing or to learn more about how you can make this affordable apartment yours. We look forward to helping you find your next home sweet home!
1-bedroom apartments here are priced about the same as 1-bedrooms in Windsor Park.
If you decide to upgrade your space, you can expect 2-bedrooms at Elkwater Apartments to be 9% less than the average for similarly sized apartments in Windsor Park.
| Month | Median Rent |
|---|---|
| March 2024 | $1,799 |
| April 2024 | $1,829 |
| May 2024 | $1,830 |
| June 2024 | $1,838 |
| July 2024 | $1,838 |
| August 2024 | $1,788 |
| September 2024 | $1,791 |
| October 2024 | $1,761 |
| November 2024 | $1,745 |
| December 2024 | $1,680 |
| January 2025 | $1,662 |
| February 2025 | $1,650 |
| March 2025 | $1,650 |
| April 2025 | $1,647 |
| May 2025 | $1,647 |
| June 2025 | $1,694 |
| July 2025 | $1,675 |
| August 2025 | $1,707 |
| September 2025 | $1,707 |
| October 2025 | $1,690 |
| November 2025 | $1,628 |
| December 2025 | $1,613 |
| January 2026 | $1,614 |
| February 2026 | $1,626 |
| March 2026 | $1,600 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,775 |
| April 2024 | $1,775 |
| May 2024 | $1,733 |
| June 2024 | $1,747 |
| July 2024 | $1,771 |
| August 2024 | $1,771 |
| September 2024 | $1,831 |
| October 2024 | $1,802 |
| November 2024 | $1,727 |
| December 2024 | $1,650 |
| January 2025 | $1,650 |
| February 2025 | $1,618 |
| March 2025 | $1,599 |
| April 2025 | $1,550 |
| May 2025 | $1,472 |
| June 2025 | $1,421 |
| July 2025 | $1,425 |
| August 2025 | $1,521 |
| September 2025 | $1,900 |
| October 2025 | $1,844 |
| November 2025 | $1,770 |
| December 2025 | $1,548 |
| January 2026 | $1,495 |
| February 2026 | $1,473 |
| March 2026 | $1,530 |
Can I afford to live at 505 56 Ave Sw?
Bedrooms
Rent-to-income ratio
30%
$61,200/yr
Downtown Calgary • 825 8 Ave Sw
1–2 Beds
$1,450–$1,950
Beltline • 1111 4 St Sw
Studio–1 Bed
$1,458–$2,080
Downtown Calgary • 736 8 Ave Sw
2 Beds
$2,400
Downtown Calgary • 521 3 Ave Sw
Studio–2 Beds
$1,495–$2,095
Williston Heights - Mountview • 1750 4 St Ne
1–2 Beds
$1,640–$2,400
Downtown Calgary • 825 8 Ave Sw
1–2 Beds
$1,450–$1,950
Beltline • 1111 4 St Sw
Studio–1 Bed
$1,458–$2,080
Downtown Calgary • 736 8 Ave Sw
2 Beds
$2,400
Downtown Calgary • 521 3 Ave Sw
Studio–2 Beds
$1,495–$2,095
Williston Heights - Mountview • 1750 4 St Ne
1–2 Beds
$1,640–$2,400
