Property view at 1307, 738 1 Avenue SW, Calgary - Residential investment property with 2 bed, 3 bath, 3,543 sqft - Photo 1 of 50 | Calgary real estate investment
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1307, 738 1 Avenue SW

Calgary, Alberta T2P 5G8
MLS® A2104572557 days on marketListed Apr 12, 2024
Exclusive Offering
$5,400,000
2Bedrooms
3Bathrooms
3,543Living Space
4Garage Spaces
2019Year Built

Property Overview

Enjoy spectacular waterfront sub-penthouse living with captivating panoramic views of the Bow River, Prince’s Island Park, downtown core, and vistas of the Rocky Mountains.

Showcasing a full multi-million dollar Reno by Empire Custom Homes, this is truly the best and BIGGEST unit in The Concord and is the epitome of luxury.

Not often do you find a condo unit with titled parking 4-CAR PRIVATE GARAGE with custom cabinetry and room for lifts.

Best garage allocation for size and location.

Grand open layout surrounded by floor-to-ceiling windows, marble throughout, and the finest finishings including new interior solid wood doors, custom hand forged iron detailing on doors, quality oak trim and wall treatments, automated blinds, and lavish fixtures.

Porsche designed kitchen is sleek offering smooth carbon fibre cabinetry, marble counters, high-end Miele appliance package.

Custom temperature controlled glass wine room located off the kitchen will surely impress your guests.

Entertaining is a breeze with the open living and dining room allowing guests to mingle without feeling crowded.

Marble full length steps up to your oversized outdoor living space featuring an outdoor BBQ kitchen and two gas lines for fire pit table hook-up.

The views will leave you in awe as you relax with a glass of wine after a long day.

Hand-forged iron french doors provide a chic Parisian feel opening up to your secluded media room with built-in shelving.

Sophisticated master features show stopping views, access to the expansive deck, built-in feature wall, and an elegant spa-like bathroom featuring marble walls and floors, warmed by an in-floor heating system.

Master closet is a true dream with custom cabinets, and built-in hampers.

Second bedroom is light and airy and is equipped with its own walk-in closet and ensuite.

A beautiful den showcases rich wood floor to ceiling custom panelled oak and automatic drapes.

Amenities are endless and include 24hr concierge and security, summer water garden, winter skating rink, lounge, kitchen, full fitness facility and car washes.

Constructed with long-lasting concrete, double glazed windows and a superior infrastructure designed for flood & emergency preparedness.

Located mere steps to the Peace Bridge, Prince's Island Park, River Pathway System, and downtown.

Urban luxury living at its finest!

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$1,524/sqft
Premium pricing - ensure strong rent potential

Investment Considerations

Modern Property: Good balance of modern amenities and reasonable pricing. Typically lower maintenance.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Residential Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.

Financial Information

HOA Monthly Fee
$3,558