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Reduced $5,000 (1%) from $464,500
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511, 881 15 Avenue SW
Beds
2
Baths
2
Sqft
1,184
Year
2001
Type
Single Family
On market
69d
Welcome to elevated penthouse living in one of Calgary’s most walkable and vibrant neighbourhoods. Perched above the Beltline, this extensively renovated 1,183 sq ft residence offers the perfect blend of luxury, light, and lifestyle.From the moment you step inside, soaring 16’ ceilings and a dramatic lofted design create an airy, open feel rarely found in condo living. The space is both functional and refined, with over $100,000 in upgrades including new flooring, windows, custom cabinetry, and a beautifully updated kitchen anchored by granite countertops.The primary suite is a true retreat, complete with a walk-in closet and private ensuite, while the second bedroom and loft offer flexibility for guests, a home office, or creative space.Enjoy titled underground parking, storage, in-suite laundry, and the option for an additional stall. With direct +15 access to Mount Royal Village and GoodLife Fitness, plus countless shops and restaurants just outside your door, this is inner-city living at its finest. Opportunities like this don't last - Book your showing today! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.92 Ft x 8.00 Ft | |
| 4pc Bathroom | 5.42 Ft x 8.50 Ft | |
| Bedroom | 9.33 Ft x 11.08 Ft | |
| Dining room | 9.42 Ft x 13.00 Ft | |
| Foyer | 6.08 Ft x 9.92 Ft | |
| Kitchen | 8.08 Ft x 8.42 Ft | |
| Laundry room | 5.75 Ft x 7.92 Ft | |
| Living room | 15.17 Ft x 15.42 Ft | |
| Primary Bedroom | 11.00 Ft x 16.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Loft | 10.08 Ft x 27.42 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
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).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 9, 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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