Check out all of the details of this Penthouse for sale, 2802 910 5 Avenue SW, Calgary, AB

View this recently sold Condo or see all my home sales

View this recently sold Condo or see all my home sales

Check out all of the details of this Apartment for sale, 2304 2304, 1410 1 Street SE, Calgary, Alberta

Check out all of the details of this Apartment for sale, 1903, 530 12 Avenue SW, Calgary, Alberta

Check out all of the details of this Sub-Penthouse for sale, 2503 220 12 Avenue SE, Calgary, AB

View this recently sold Penthouse or see all my home sales

Check out all of the details of this Condo for sale, 2302 1025 5 AV SW, Calgary, Alberta

Check out all of the details of this Apartment for sale, 701, 88 9 Street NE, Calgary, Alberta

• It’s a penthouse in the Radius Development
• Priced at $750,000
• 2 Beds
• 2 Baths
• 1032 sq. ft.
• 2-parking stalls 
• HUGE TERRACE 
• CITY, mountain and park views 

• $2,450,900 + GST = $2,573,443
• $1192/square foot
• Condo Fees: $1210.67 per month
• 2 bedrooms
• 2.5 baths
• 3-parking stalls
• 2000 square foot roof top patio

Avenue in Calgary brings together the best of exceptional design, stunning views and an established west end location, just steps to the Bow River pathway, trendy Kensington Village and the central business district. Developed by two trusted developers, Grosvenor and Cressey, with architectural design by James Cheng, Avenue is a stunning two-tower, 319 home community with unparalleled quality.

The sophistication continues with a grand, hotel-inspired lobby where a concierge caters to your every need, and extends into the elegant homes that are full of exceptional features. Avenue will offer the most functionally elegant interiors in the city, including Calgary’s first-ever CresseyKitchens™.

Learn more about Avenue by clicking here.

Check out all of the details of this Condo for sale, #1801 1501 6 ST SW, Calgary, Alberta

Contact me, Julie Dempsey, if you have any questions regarding pre-sale or pre-construction condos in the Calgary, AB area, I would be happy to help 403-923-6299.

Check out all of the details of this Condo for sale, 1101 701 3 Avenue, Calgary, Alberta

Realtor Julie Dempsey, of Sotheby’s International Realty Canada, says the continued growth in Calgary’s population continues to fuel the local real estate market.

Photograph by: Gavin Young Gavin Young , Calgary Herald

CALGARY - Calgary’s resale housing market is on pace to set a record for total dollar volume in MLS sales in a year, eclipsing the $11.3 billion peak established during the housing boom of 2007.

Year-to-date until the end of August, there have been 18,521 transactions at an average sale price of $482,185 for a total dollar volume of $8.9 billion, according to the Calgary Real Estate Board. Last year, during the same period, there were 16,712 sales with an average price of $456,629 and a total dollar volume of $7.6 billion.

During the record year of 2007, there were 26,611 total sales all year with an average sale price of $423,770. Last year was the second highest dollar volume on record at $10.7 billion with 23,474 sales and an average sale price of $456,595.

Julie Dempsey, a realtor with Sotheby’s International Realty Canada, said the number of new people moving to Calgary is the main factor behind such strong sales activity in the city and the continued elevation of prices.

“The listings that I am currently working on have a common theme: they are owned by savvy investors who see the strength in Calgary’s market and they are choosing to cash in,” said Dempsey.

Average sale prices in Calgary have jumped by more than $225,000 since 2005.

Calgary’s latest housing boom is being fuelled by net migration. According to Canada Mortgage and Housing Corp., net migration to the Calgary census metropolitan area was 45,168 in 2013 and 31,996 in 2012. During the housing boom of 2006-2007, net migration peaked at 25,120 in 2006.

“The higher dollar volume is a reflection of the composition of sales,” said Ann-Marie Lurie, CREB’s chief economist. “When we look at what at this year compared to 2007, of all residential sales activity a greater share of the sales have been occurring in the $500,000 plus price ranges. Meanwhile, the share of sales has dropped for the under $400,000 sales.

“With a greater number of sales occurring in the higher price ranges, it is not a surprise that the dollar volume of sales has increased at a faster pace than the growth in number of transactions.”

mtoneguzzi@calgaryherald.com

Price Range of Current Calgary Penthouse Condos For Sale

Number of Bedrooms in Current Calgary Penthouse Condos For Sale

Calgary Penthouse Condos For Sale Sorted By Area

Calgary Penthouse Condo Listings by Building 

Month Calgary Penthouse Condos For Sale Were Listed 

Calgary's condo market is hot, hot, hot right now.

In July, the resale of condo apartments and townhomes grew 12 and 15 per cent, respectively, reports the Calgary Herald.

And those numbers appear to be tipping the national price scale Calgary's way.

According to a report released earlier this week by the Conference Board of Canada, Calgary will lead the nation in price growth for the resale condo market.

And while the current median resale price is forecast to rise 6.6 per cent to $271,413 this year, that price will buy you a fairly standard unit — one or two bedrooms, a bathroom, a kitchen and a living room.

What if you had millions to spend? What could you afford?

We found the most expensive condos on the Calgary market right now — none of which are listed for less than $3 million.

Most of these pricey pads can be found in downtown Calgary and feature stunning views of the Bow River and Rocky Mountains.

Many also feature world-class amenities and some have been outfitted with private elevators, wine "cellars," custom craftsmanship and more.

http://www.huffingtonpost.ca/2014/08/15/calgarys-most-expensive-condos_n_5683314.html#slide=start