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$8.3 Million Calgary Condo Sells

Blog by | March 27th, 2012

  • $8.3 Million Calgary Condo Sells
    The River (therivercalgary.com) a luxury residential development by Ledcor Properties Inc., near downtown Calgary has broken real estate records in Calgary as the most expensive condo ever sold in the city. The 5,260 square foot unit sold for $8.3 million. It is not the most expensive residence in the development. Over $30 million in real estate has been spoken fo...r, representing the first 8 units, which were sold in an exclusive preview. The development is worth more than $130 million. Slated to start construction this spring, The River has 38 residences including 27 units in a 15-storey tower. The tower homes range from 1,400 square feet to 5,626 square feet and the three-storey Riverhomes townhomes range to 3,800 square feet. Amenities include 24-hour security, a concierge, private elevators and outdoor living spaces up to 2,950 square feet.