pillar/IMG-A2301290_1.jpg
10 days on Market

516 Cedar Cres #301, Calgary, Alberta T3C 2Y8

In the same building:
-
Condo
2
2
~1030.68 sqft
$325,000
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Condo
2
2
~1030.68 sqft

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Highlights

Property Estimate

Days on market10 days

Estimated valueNot available

Price/Sqft$315/sqft

Monthly cost

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Description

The PENTHOUSE @ RIVERVIEW l OVER 1030 SQ FT l 2 BEDROOM + FLEX + 2 FULL BATHROOMS l BALCONY w DOWNTOWN VIEW l CONCRETE BUILDING l 1 PARKING STALL + 1 RENTED STALL l ENSUITE LAUNDRY ***ATTENTION: PROFESSIONALS l FIRST-TIME BUYERS l INVESTORS l DOWNSIZERS l DISCERNING BUYERS*** A rare opportunity to own the top-floor penthouse unit in this well-maintained inner-city building — one of the largest and most impressive suites in the complex, offering over 1,030 sq ft of refined, light-filled living space. Every room benefits from generous windows, hardwood floors, flat ceilings with dimmable pot lights, and a seamless open-concept layout that feels both elegant and effortlessly livable. The kitchen shines with quartz countertops & SS appliances flowing naturally into the living and dining areas — where breathtaking downtown Calgary views take centre stage. Step onto your private balcony and let the skyline speak for itself. The spacious primary bedroom features its own ensuite, while a second bedroom and flex room offer versatility for any lifestyle. A brand new washer and dryer complete this truly move-in-ready home. The building is equally impressive — a solid, well-maintained concrete structure managed by an exceptionally proactive condo board. Recent capital upgrades include new balconies, patio windows & doors, exterior walls, and a new boiler, with no major projects anticipated ahead. The reserve fund is on track to be fully funded within a couple of years, with condo fee reductions planned to follow. Backing onto Edworthy Park & Douglas Fir Trail systems, Direct Bike Path to downtown YYC, Walking Distance from Train Station, Steps from the Elbow River pathways, 17th Avenue, and the best of inner-city Calgary living. Penthouse views - Turnkey condition. & a building you can trust.


Property Details

StyleApartment-Single Level Unit
View-
Age of property1967
SqFt~1030.68 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2301290
Community NameSpruce Cliff
Data SourcePILLAR 9
Listing byRE/MAX House of Real Estate

Features

Heating: Hot Water,Natural Gas

Main Floor

Living Room

13`2" x 12`6"

Kitchen

10`5" x 9`5"

Bedroom

12`2" x 8`5"

Foyer

9`2" x 8`7"


Features

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

Parking

Garage spaces -

Garage type -

Total parking spaces 1


3Story
Amenities

Bicycle Storage, Golf Course, Laundry, Parking, Trash

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 14, 2026
ListedActive
$325,000
10 days on market
history photo preview49
Listing by pillar 9®
Property listed by RE/MAX House of Real Estate, Brokerage
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Market Data - Spruce Cliff

Geo Zone Map ThumbnailSpruce Cliff

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

61 days

Compared to

2025

16 days

2024

17 days

2023

25 days

New Listings

Past 30 days

10 listings

Compared to

2025

13 listings

2024

20 listings

2023

17 listings

Units sold

Past 30 days

5 units

Compared to

2025

8 units

2024

16 units

2023

14 units

Median Sold Price

Past 30 days

$339,000

Compared to

2025

$364,250

2024

$364,250

2023

$311,000


Population and Demographics

Overview

Total population 2021
Average household income $144,296

Age (%)

0 to 19
19%
20 to 34
23%
35 to 49
22%
50 to 64
18%
65 and plus
18%

Household composition (%)

Single family
51%
Single person
42%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
79%
Arabic
4%
Others
3%
Korean
2%
French
2%
Spanish
2%
Yue (Cantonese)
2%
Tagalog (Pilipino, Filipino)
2%
Mandarin
1%

House tenancy (%)

Renters
52%
Owners
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget