1p, 525 56 Avenue Sw, Calgary
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. (id:1945)
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Property details for 1p, 525 56 Avenue Sw, Calgary
- Type
- Apartment
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 735 square feet
- Stories
- 5
- Parking
- Underground
- Heating
- Baseboard heaters
- Cooling
- None
- Exterior
- Concrete, Brick, Vinyl siding
- Ownership
- Condo/Strata
- Annual Taxes
- $1,595 (2026)
- Condo Fee
- $560 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 1p, 525 56 Avenue Sw
Active Listings
12
Min Price
$159,900
Max Price
$499,900
Avg Price
$240,892
Days on Market
33
days
Sold Listings
5
Min Sold Price
$170,000
Max Sold Price
$1,850,000
Avg Sold Price
$550,780
Days until Sold
64
days
Neighbourhood Census Data
Calgary, Alberta
Population
581
Median Age
34.1
Median Income
$41,408
Dwelling Value
$229,722
Housing Tenure
Owners 21%
Renters 80%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 11,087.8/km²
Avg Shelter Cost: $1,393/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 46.2%
English only: 89.7%
English and French: 9.5%
Neither: 1.7%
Median Household Income: $64,256
Median Employment Income: $41,933
Price History
Listed
September 15, 2026
by Diamond Realty & Associates Ltd
Current Price
$209,900
Type
Apartment
For Sale