6 days on Market

550 Riverfront Ave #707, Calgary, Alberta T2G 1E5

In the same building:
-
Condo
1
2 + 1
~575.59 sqft
$295,000
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Condo
1
2 + 1
~575.59 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$512/sqft

Monthly cost

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Description

Modern Urban Living in East Village ! Unit 707, FIRST Building Welcome to Unit 707 in the sought after "FIRST"building, where downtown living meets comfort and style. This beautiful 1 bedroom + office, 1.5 bath condo sits on the 7th floor and offers everything you’d want in a modern home. Whether you’re an investor looking for a solid rental or a professional wanting that perfect urban lifestyle. As you step inside, you’re greeted by a dedicated office space, ideal for working from home or keeping things organized. The open concept floor plan flows effortlessly into the gourmet kitchen, featuring sleek cabinetry, quartz countertops, and stainless steel appliances; the kind of space that makes cooking feel effortless and entertaining enjoyable. The living area is bright and spacious, framed by floor to ceiling windows that fill the home with natural light. From here, step out onto your private balcony and take in the energy of East Village, one of Calgary’s most vibrant inner city communities. The primary bedroom is well sized, complete with a walk in closet and a modern ensuite bathroom with contemporary finishes. There’s also a half bath for guests, adding a touch of convenience and privacy. This unit also includes a titled underground parking stall (#158) and a private storage locker (#354) a rare combination that adds tremendous value. As a resident of the FIRST building, you’ll enjoy an impressive list of amenities: A stunning rooftop lounge with full kitchen, BBQ patio, and panoramic river and city views -Fitness center and yoga studio -Meeting rooms, game areas, and a Wi-Fi café -Guest suites and 24-hour concierge/security The location couldn’t be better, steps from the RiverWalk pathway, Superstore, Studio Bell, Downtown Library, Saddledome, and C-Train access. Everything you need is truly right outside your door. Currently rented until the end of March, this property offers flexible possession options. Perfect for both investors and owner occupiers. You can take over the lease and enjoy instant income, or move in once the tenancy ends. The current tenants are excellent and have maintained the unit with care. Bright, stylish, and perfectly located - Unit 707 at the FIRST building is an incredible opportunity to own in Calgary’s East Village, where urban living and investment potential meet seamlessly. Book your showing with your favourite Realtor today !


Property Details

StyleApartment-Single Level Unit
View-
Age of property2015
SqFt~575.59 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2270254
Community NameDowntown East Village
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Forced Air

Main Floor

Living Room

11`4" x 10`0"

Dining Room

11`10" x 4`10"

Kitchen

11`10" x 5`3"

Bedroom

10`6" x 8`8"


Features

Patio: Balcony(s)
Balcony: Balcony(s)

Parking

Garage spaces -

Garage type -

Total parking spaces 1


18Story
Amenities

Fitness Center, Recreation Facilities, Recreation Room, Secured Parking, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Nov 11, 2025
ListedActive
$295,000
6 days on market
history photo preview37
Listing by pillar 9®
Property listed by Real Broker, Brokerage
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Market Data - Downtown East Village

Geo Zone Map ThumbnailDowntown East Village

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

51 days

Compared to

2024

40 days

2023

26 days

2022

58 days

New Listings

Past 30 days

20 listings

Compared to

2024

24 listings

2023

21 listings

2022

15 listings

Units sold

Past 30 days

7 units

Compared to

2024

12 units

2023

9 units

2022

14 units

Median Sold Price

Past 30 days

$310,000

Compared to

2024

$339,500

2023

$350,000

2022

$294,500


Population and Demographics

Overview

Total population 1736
Average household income $108,179

Age (%)

0 to 19
6%
20 to 34
35%
35 to 49
21%
50 to 64
17%
65 and plus
20%

Household composition (%)

Single person
65%
Single family
29%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
71%
Yue (Cantonese)
7%
Mandarin
4%
Spanish
3%
Arabic
2%
French
2%
Tagalog (Pilipino, Filipino)
2%
Korean
2%
Vietnamese
1%
Others
0%

House tenancy (%)

Renters
74%
Owners
26%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget