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1P, 525 56 Avenue SW, Calgary, Alberta T2Y 4Z9
About This Property
Amazing penthouse unit in a very well-maintained building, ideally located close to all amenities. Enjoy walking distance to Chinook Centre and the C-Train, with Rockyview General Hospital, parks, schools, shopping and restaurants all just minutes away. This south-facing unit offers an abundance of natural light and an inviting open-concept from the kitchen to the dining room and living room area. The kitchen has been nicely renovated and features plenty of newer cabinetry, granite countertops, newer stainless steel appliances and a large island with an eating bar, making it an ideal space for entertaining. The spacious living room features a corner wood-burning fireplace, which is being sold in as-is condition, creating a warm and inviting focal point. The large bedroom offers an electric fireplace and plenty of closet space, while the updated bathroom adds to the appeal of this renovated unit. There is also a generous storage area within the suite that makes an excellent walk-in closet.Additional features include vinyl plank flooring, underground parking and a separate storage locker conveniently located on the main level. Parking stall #9 is located on the parking level, and the additional storage locker is at the end of the west hallway on the main level, last door on the left. Common laundry and party room are located on main level on the east facing hallway when you come into the building. Plenty of street parking is also available. This is one of the nicest units in the complex and is a must to see. The current tenant is secured on a lease until March 14 2027, and is willing to remain in the property, making this an excellent opportunity for a buyer looking for a turn-key investment.
Key Features
- Built in 1983
- Underground Parking
- 2 Fireplaces
- Pets Allowed With Restrictions
- Baseboard heaters
Property Details
Bedrooms & Bathrooms
Size
Interior
Building
Parking
Neighbourhood
Land
Financial
Rooms
Main Level
Room measurements are supplied by the listing brokerage and are approximate.
What’s nearby
- St. Anthony SchoolCatholic (CCSD) 850 m10 min walk
- Elboya SchoolPublic (CBE) 850 m10 min walk
- Calgary Girls' School - Bel-Aire Campus 850 m11 min walk
- St. Augustine SchoolCatholic (CCSD) 1.4 km18 min walk
Distances are straight-line. Catchment areas change, so confirm the designated school with the Calgary Board of Education or Calgary Catholic School District.
- Sunterra Market 800 m10 min walk
- Community Natural Foods 850 m10 min walk
- Wholesale Club 1.0 km13 min walk
- Milton Williams Memorial Park 900 m12 min walk
- Elboya Park 950 m12 min walk
- Loomis Park 1.2 km15 min walk
Tap a place for directions. Places from OpenStreetMap contributors.
Estimated Monthly Payment
Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.
- Mortgage$785
- Condo fee$560
- Property tax$133
- Estimated total$1,478/mo
View on REALTOR.ca
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Price History
| Date | Event | Price | Change |
|---|---|---|---|
| Nov 5, 2026 | Price decreased | $184,900 | −1.4% |
| Oct 27, 2026 | Price decreased | $187,500 | −6.2% |
| Before Oct 27, 2026 | Earlier asking price | $199,900 | – |
Price changes this website has recorded from the MLS® System since Oct 14, 2026. Earlier changes may not be shown.
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