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204, 316 1 Avenue NE
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Perched in one of Calgary’s most walkable and connected inner-city communities, this partially renovated 1 bedroom condo offers an incredible opportunity to finish a thoughtfully planned vision and build equity at an affordable price point. Located in a solid concrete building with LOW CONDO FEES, this 2nd floor unit captures spectacular downtown skyline views from both the interior and the private outdoor deck, creating the kind of lifestyle and setting rarely found in this price range.Extensive work has already been completed, with careful attention paid to infrastructure, safety, soundproofing, and long-term functionality. The kitchen has been extensively prepped for completion with support blocking for cabinetry, updated plumbing and electrical infrastructure, LED lighting rough-ins for cabinetry and flooring, fridge water line hookup, dedicated GFI-protected electrical lines, and space designed for a full appliance package including dishwasher and convection range. Throughout the unit you’ll find upgraded electrical planning, enhanced insulation and fire separation, newer heating controls, thoughtful storage considerations, and picture documentation of walls to simplify future finishing work.The bathroom renovation features marble tub and sink finishes, dual alcove tub construction, moisture-resistant drywall, cement board construction, autonomous moisture-detecting fan, illuminated mirror, LED accent lighting rough-ins, sound-reducing insulated walls, accessible shut-off valves, and upgraded plumbing cleanouts/backwater protection.The living room is anchored by large sliding glass doors framing the incredible city view, while the bedroom offers enough space for a king-sized bed, a newer window, AC-ready outlet, and open closet design. The unit also includes in suite laundry, additional laundry facilities on the same floor, convenient parking near the rear entrance and a large separate storage area with built-in shelving.Solid concrete construction provide s excellent sound separation, durability, and peace of mind — a rare feature in this price range — helping reduce noise transfer between units while offering long-term structural quality and a quieter overall living experience.This is not your typical cookie-cutter condo. This is an opportunity for a buyer with vision — someone looking to complete a nearly-there renovation, personalize finishes, and own an inner-city property with tremendous upside, incredible views, and exceptional long-term potential. Whether you’re an investor, first-time buyer, or savvy renovator, this is a rare chance to get into Crescent Heights at an accessible price and create something truly special. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.42 Ft x 14.42 Ft | |
| Kitchen | 8.50 Ft x 8.42 Ft | |
| Bedroom | 12.50 Ft x 10.75 Ft | |
| 4pc 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.
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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.
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