1 day on Market

550 Riverfront Ave #711, Calgary, Alberta T2G 1E5

In the same building:
-
Condo
2
2
~790.00 sqft
$409,900
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Condo
2
2
~790.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$518/sqft

Est. Mortgage$1,760/mo

Maintenance fees$775/mo

Tax Amount (2025)$2,394/yr

Days On Market1 day


Description

*** Check out the YouTube video for community and unit highlights *** INCREDIBLE BUILDING AMENITIES | TITLED PARKING + STORAGE | STEPS TO BOW RIVER AND PRINCE’S ISLAND PARK | GREAT FOR INVESTORS OR FIRST-TIME HOME BUYERS | LOCATED JUST MINUTES FROM THE NEW ARENA AND ENTERTAINMENT DISTRICT | Indulge in urban sophistication with this fantastic 2 bedroom, 2 bathroom unit in the highly coveted “First” tower of The East Village. This 7th-floor unit offers abundant natural light with breathtaking river views and an open-concept design, perfect for entertaining guests or simply relaxing in style. From the moment you walk in, you’ll love the open-concept layout flooded with natural light and expansive views of the Bow River and Calgary skyline. The functionally designed kitchen features sleek stainless steel appliances, a kitchen island, and plenty of space to entertain friends or enjoy a quiet night in. The large primary bedroom features large windows and a walk-in closet with spa-like ensuite. The ample-sized second bedroom is perfect for a guest suite or home office for any working professional. Enjoy a sunrise and cup of coffee or glass of wine on the large covered patio while taking in the wonderful views in multiple directions. This unit comes with titled parking in the secure underground parkade, a storage area, and ample visitor parking. In addition, the building offers an array of top-notch amenities, including a state-of-the-art gym and yoga room, an outdoor green space, and a rooftop Sky Club with a full kitchen, conference room, pool table, entertainment area, and a large wrap-around deck with a BBQ, as well as a full-time front desk concierge. This prime location offers easy access to the Bow River pathways, public transit, the city center, and is just steps to the new Superstore, renowned public library, numerous cafes and restaurants, making it an ideal choice for those who want to embrace the downtown lifestyle. Take advantage of the opportunity this summer to live in downtown luxury—book your private showing today.


Property Details

StyleApartment-Single Level Unit
View-
Age of property2015
SqFt~790.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2230352
Community NameDowntown East Village
Data SourcePILLAR 9
Listing byRE/MAX House of Real Estate

Features

Heating: Fan Coil,Forced Air
Cooling: Central Air

Main Floor

3pc Ensuite bath

0`0" x 0`0"

4pc Ensuite bath

0`0" x 0`0"

Bedroom - Primary

12`2" x 11`0"

Bedroom

9`8" x 10`7"


Features

Patio: Balcony(s),Enclosed
Balcony: Balcony(s),Enclosed

Parking

Garage spaces -

Garage type -

Total parking spaces 1


18Story
Amenities

Bicycle Storage, Elevator(s), Fitness Center, Parking, Party Room, Picnic Area

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 14, 2025
ListedActive
$409,900
1 day on market
history photo preview44
Listing by pillar 9®
Property listed by RE/MAX House of Real Estate, Brokerage
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Market Data - Downtown East Village

Geo Zone Map ThumbnailDowntown East Village

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

33 days

Compared to

2024

35 days

2023

49 days

New Listings

Past 30 days

38 listings

Compared to

2024

41 listings

2023

38 listings

Units sold

Past 30 days

12 units

Compared to

2024

23 units

2023

10 units

Median Sold Price

Past 30 days

$278,750

Compared to

2024

$340,000

2023

$446,500


Population and Demographics

Overview

Total population 1736
Average household income $108,179

Age (%)

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

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