Updated 5+ Days Ago
Location
815 4 Ave Sw, Calgary, AB T2P 3G8, CAN|Downtown Calgary
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Property Overview
Princes Island Place earns a strong Zumper Expert Rating of 9.4/10, with especially high marks for price and amenities, plus solid scores for location, quality, and trustworthiness. It also stands out for its 32 photos, which give renters a helpful quick look at the property.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available- Laundry available on site
- Outdoor space
Floor plans
| 1 Bedroom | 1 bed | 1 bath | 580 sqft | $1,375 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 1 bath | 800 sqft | $1,675 /mo | 1 unit available |
Let's explore this property.
Amenities for Princes Island Place
Apartment Amenities
| Balcony | Heat |
| Hot Water |
Appliances
| Dishwasher | Upgraded Appliances |
Building
| Controlled Access | Elevator |
| Fitness Center | Gym |
| No Smoking Allowed | Onsite Laundry |
| Video Surveillance |
Grounds
| Garage Parking | Storage |
Services
| Free Wi-Fi in Common Areas | On-Site Management |
Other
| No Pets |
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
Parking Policy
Covered Lot
Garage Lot
Surface Lot
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About Princes Island Place
Situated in the heart of downtown Calgary, Prince's Island Place offers a gym for residents of its studio, one bedroom and two bedroom, and penthouse apartments for rent in Calgary. Restaurants, grocery stores, and the C-Train transit are all just a few blocks south, while the Bow River parks and paths are just a few blocks north!
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.
9.4
/10
ExcellentPrinces Island Place is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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.
Princes Island Place 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.
Princes Island Place 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—gym—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.
Princes Island Place 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·9A 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.
Princes Island Place has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
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 Princes Island Place compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
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Rent trends in Downtown Calgary
1-bedroom apartments here are priced 18% lower than 1-bedrooms in Downtown Calgary.
If you decide to upgrade your space, you can expect 2-bedrooms at Princes Island Place to be 20% less than the average for similarly sized apartments in Downtown Calgary.
Median rents as of Aug 15 2026.
Downtown Calgary
Calgary
| Month | Median Rent |
|---|---|
| August 2024 | $1,525 |
| September 2024 | $1,598 |
| October 2024 | $1,596 |
| November 2024 | $1,603 |
| 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 | $1,351 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,725 |
| September 2024 | $2,095 |
| October 2024 | $1,755 |
| November 2024 | $1,653 |
| 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 | $1,358 |
Affordability calculator
Can I afford to live at 815 4 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
$55,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,000 annually to afford this 1-bedroom monthly rent price of $1,375.
For more information on rent affordability, visit our rent calculator.
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Internet available near Princes Island Place
Getting around Calgary near 815 4 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
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 815 4 Ave Sw, Calgary
Groceries
10/10
Several grocery stores nearby
Shopping
8/10
Variety of shops within a few minutes' walk
Cafes
8/10
Variety of cafés within a few minutes' walk
Restaurants
9/10
Variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
6/10
Variety of bars within walking distance
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