Updated 2 Days Ago
Highlights
Pet Friendly
Location
505 56 Ave Sw, Calgary, AB T2V 0G6, CAN|Windsor Park
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Property Overview
Elkwater Apartments earns a strong Zumper Expert Rating of 8.8 out of 10, supported by standout price, amenities, and location scores, along with solid trustworthiness. Its outdoor spaces make it great for pet friendliness, and the overall mix points to competitive value, a high amenity level, and convenient access to key destinations.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Pet owners
Floor plans
| - 1 Bedroom | 1 bed | 1 bath | 662 sqft | $1,555 /mo | 1 unit available | ||
| - 2 Bedroom | 2 bed | 1 bath | 870 sqft | $1,574 /mo | 1 unit available |
Let's explore this property.
Amenities for Elkwater Apartments
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 |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
About Elkwater Apartments
Managed by Avenue Living
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 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! Special Offer: For a limited-time, get a one-time $250 Move-In Credit! Valid on select suites only. Terms and conditions apply. 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!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, Elkwater Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Elkwater Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Elkwater Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Elkwater Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Elkwater Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Elkwater Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Elkwater Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Elkwater Apartments is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Elkwater Apartments compares to other nearby properties.
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.7 miles away
- Distance from transit
- More than 2.8 miles from public transportation
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Rent trends in Windsor Park
1-bedroom apartments here are priced 14% lower than 1-bedrooms in Windsor Park.
If you decide to upgrade your space, you can expect 2-bedrooms at Elkwater Apartments to be 17% less than the average for similarly sized apartments in Windsor Park.
Median rents as of Oct 31 2026.
Windsor Park
Calgary
| Month | Median Rent |
|---|---|
| November 2024 | $1,742 |
| 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 | $1,602 |
| April 2026 | $1,611 |
| May 2026 | $1,601 |
| June 2026 | $1,599 |
| July 2026 | $1,599 |
| August 2026 | $1,596 |
| September 2026 | $1,599 |
| October 2026 | $1,584 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,703 |
| 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 |
| April 2026 | $1,653 |
| May 2026 | $1,632 |
| June 2026 | $1,674 |
| July 2026 | $1,525 |
| August 2026 | $1,648 |
| September 2026 | $1,729 |
| October 2026 | $1,770 |
Affordability calculator
Can I afford to live at 505 56 Ave Sw?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$62,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $62,200 annually to afford this 1-bedroom monthly rent price of $1,555.
For more information on rent affordability, visit our rent calculator.
Getting around Calgary near 505 56 Ave Sw
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 505 56 Ave Sw, Calgary
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Explore the area around 505 56 Ave Sw
Haze Vape Co
5339 2 St SW
Chinook Wholesalers
5718 1A St SW
Wholesale Club
222 58 Ave SE
Sunterra Market
803 49 Ave SW
Unimarket Inc
128 50 Ave SE
Marshalls
7337 Macleod Trail SE
Anthropologie
6455 Macleod Trail SW
Roots
6455 Macleod Trail
Burberry
6455 Macleod Trail
Victoria's Secret
6455 Macleod Trail SW
Starbucks
5524 Macleod Trail SW
Starbucks
6455 Macleod Trail SW
DAVIDsTEA
6455 Macleod Trail SW
Gong Cha
6455 Macleod Trail SW
Phil & Sebastian Coffee Roasters
6455 Macleod Trail SW
O'Sullivan's Restaurant & Bar
5809 Macleod Trail SW
Dog & Duck Public House Restaurant
5340 2 St SW
JOEY Restaurants
6455 Macleod Trail SW
Boston Pizza
6455 Macleod Trail SW
Chinook Bowladrome
6455 Macleod Trail SW
Donald McGregor Investments
532 53 Ave SW
Williams-Sonoma
6455 Macleod Trail S
Saucy Bread Co
6455 Macleod Trail SW
Yogen Fruz
6455 Macleod Trail SW
Community Natural Foods
6120 1A St SW
Playground
Park
Manchester Playground
Park
Recreation Ground
Five Guys
7337 Macleod Trail SE
Incha Restaurant
5809 Macleod Trail SW
Jjamppong Ltd
5802 Macleod Trail SW
Cora
5504 Macleod Trail SW
Subway
5504 Macleod Trail SW
SB Macleod Tr / 56 Av SW
City Hall / Southcentre
NB Macleod Tr / 55 Av SW
City Hall / Southcentre
NB Macleod Tr / 58 Av SW
City Hall / Southcentre
SB Macleod Tr / 58 Av SW
City Hall / Southcentre
SB Macleod Tr / 53 Av SW
City Hall / Southcentre
SB Chinook Station
Somerset-Bridlewood / Tuscany
NB Chinook Station
Somerset-Bridlewood / Tuscany
SB 39 Avenue Station
Somerset-Bridlewood / Tuscany
NB 39 Avenue Station
Somerset-Bridlewood / Tuscany
SB Heritage Station
Somerset-Bridlewood / Tuscany
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