Updated 15 Hours Ago
Highlights
Pet Friendly
Location
618 5 Ave Sw, Calgary, AB T2P 0M7, CAN|Downtown Calgary
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Property Overview
Grid 5 Apartments earns a strong overall rating for its value, amenities, and location, with especially high marks for price and on-site features. It is also noted for fitness and wellness, pet friendliness, and outdoor spaces, making it a well-rounded option with a detailed and trustworthy presentation.
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
Wellness
Pet owners
Floor plans
| Bachelor | Studio | 1 bath | 470 sqft | $1,275 /mo | 1 unit available | ||
| 1 Bedroom | 1 bed | 1 bath | 605 sqft | $1,395 /mo | 1 unit available | ||
| 1 Bedroom | 1 bed | 1 bath | 605 sqft | $1,415 /mo | 1 unit available | ||
| 1 Bedroom | 1 bed | 1 bath | 605 sqft | $1,425 /mo | 1 unit available | ||
| 1 Bedroom | 1 bed | 1 bath | 605 sqft | $1,450 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 1 bath | 850 sqft | $1,795 /mo |
Let's explore this property.
Amenities for Grid 5 Apartments
Apartment Amenities
| Air Conditioning | Balcony |
| Heat | Hot Water |
| Outdoor Terrace | Window Coverings |
Appliances
| Refrigerator |
Tech
| Cable Ready |
Building
| Cats OK | Dogs OK |
| Elevator | Fitness Center |
| Fitness Centre | Onsite Laundry |
| Residents Lounge | Social Room |
Grounds
| Assigned Parking | Storage |
| Swimming Pool |
Services
| Heat, Hot Water & Electricity Included | On-Site Maintenance |
| On-Site Management | Onsite Professional Management |
| Security Onsite |
Neighborhood
| Near Public Transit |
Other
| Certified Rental Building |
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
Deposit
One-time.
Contact Property
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Covered Lot
Covered Lot
Parking Fee
Monthly. 2 covered lots max.
$145
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
About Grid 5 Apartments
Managed by Killam Apartment REIT
Limited time offer for new residents only. Subject to availability, approval, and full terms and conditions. Grid 5 is a centrally located high-rise apartment building in downtown Calgary that offers great views of the city. Located nearby are pubs and eateries on every corner. Our spacious apartment suites for rent provide residents with access to a fully-equipped fitness centre, laundry facilities and an expansive outdoor pool deck. For peace of mind, Grid 5 offers the advantage of on-site security, as well as security cameras. Grid 5 offers the ultimate urban lifestyle in downtown Calgary with its central location, first-rate amenities, conveniences, luxury and affordability.
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, Grid 5 Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Grid 5 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.
Grid 5 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.
Grid 5 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.
Grid 5 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 Grid 5 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·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Grid 5 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 Grid 5 Apartments compares to other nearby properties.
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.6 miles away
- Distance from transit
- More than 5.0 miles from public transportation
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Rent trends in Downtown Calgary
Studio apartments at Grid 5 Apartments cost about 2% less than the average rent price for studios in Downtown Calgary.
1-bedroom apartments here are priced 13% lower than 1-bedrooms in Downtown Calgary.
If you decide to upgrade your space, you can expect 2-bedrooms at Grid 5 Apartments to be 18% less than the average for similarly sized apartments in Downtown Calgary.
Median rents as of Oct 24 2026.
Downtown Calgary
Calgary
| Month | Median Rent |
|---|---|
| November 2024 | $1,605 |
| December 2024 | $1,422 |
| January 2025 | $1,393 |
| February 2025 | $1,389 |
| March 2025 | $1,394 |
| April 2025 | $1,407 |
| May 2025 | $1,419 |
| June 2025 | $1,403 |
| July 2025 | $1,427 |
| August 2025 | $1,474 |
| September 2025 | $1,509 |
| October 2025 | $1,486 |
| November 2025 | $1,459 |
| December 2025 | $1,416 |
| January 2026 | $1,418 |
| February 2026 | $1,427 |
| March 2026 | $1,390 |
| April 2026 | $1,396 |
| May 2026 | $1,399 |
| June 2026 | $1,381 |
| July 2026 | $1,350 |
| August 2026 | $1,362 |
| September 2026 | $1,373 |
| October 2026 | $1,323 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,702 |
| December 2024 | $1,773 |
| January 2025 | $1,403 |
| February 2025 | $1,466 |
| March 2025 | $1,382 |
| April 2025 | $1,568 |
| May 2025 | $1,850 |
| June 2025 | $1,486 |
| July 2025 | $1,466 |
| August 2025 | $1,397 |
| September 2025 | $1,410 |
| October 2025 | $1,445 |
| November 2025 | $1,500 |
| December 2025 | $1,494 |
| January 2026 | $1,521 |
| February 2026 | $1,647 |
| March 2026 | $1,433 |
| April 2026 | $1,384 |
| May 2026 | $1,372 |
| June 2026 | $1,282 |
| July 2026 | $1,324 |
| August 2026 | $1,415 |
| September 2026 | $1,537 |
| October 2026 | $1,388 |
Affordability calculator
Can I afford to live at 618 5 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
$51,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,000 annually to afford this studio monthly rent price of $1,275.
For more information on rent affordability, visit our rent calculator.
Getting around Calgary near 618 5 Ave Sw
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 618 5 Ave Sw, Calgary
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
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