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1701, 1500 7 Street SW
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Experience elevated penthouse living at the Drake, perfectly positioned in the heart of Calgary’s vibrant Beltline just steps from 17th Avenue, parks, pathways, acclaimed restaurants, cafés, boutiques, and nightlife. This rare corner residence is one of the largest and most desirable homes in the building, offering sweeping south and east views through impressive wraparound floor-to-ceiling windows.Designed for both everyday comfort and effortless entertaining, the open-concept layout is filled with natural light and showcases a chef-inspired kitchen as a true highlight, featuring upgraded finishes, granite countertops, stainless steel appliances, a gas stove, and a functional layout ideal for cooking and hosting. The spacious living and dining areas flow seamlessly onto a private balcony with gas BBQ hookup, creating an exceptional indoor-outdoor experience overlooking the city skyline. Additional comforts include a newer air conditioning system, in-suite laundry, and upgraded California Closets throughout.The thoughtfully designed floorplan offers two generous bedrooms, including a beautiful primary retreat with dual closets and a luxurious 5-piece ensuite. The second bedroom provides excellent flexibility as a guest room, private office, or elevated dining/flex space to suit your needs.This exceptional penthouse also includes two titled underground parking stalls and two titled storage units, including an impressive private storage room of approximately 129 sq. ft. A rare opportunity to own a truly standout residence in one of Calgary’s most walkable and dynamic inner-city locations. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Storage | 16.33 Ft x 7.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.58 Ft x 18.58 Ft | |
| Kitchen | 10.33 Ft x 8.50 Ft | |
| Dining room | 9.33 Ft x 10.08 Ft | |
| Primary Bedroom | 9.50 Ft x 14.92 Ft | |
| Bedroom | 14.25 Ft x 10.42 Ft | |
| 5pc Bathroom | — | |
| 3pc Bathroom | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 13, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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