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The Residences of Mount Royal

881 15 Av Sw, Calgary, AB T2R 1R8

The Residences of Mount Royal, at 881 15 Av Sw, is a condo building in the Beltline area of Calgary, Alberta. It was built in 2001, has 53 residential units and stands 5 storeys tall.

Beltline
Year Built
2001
Units
53
Floors
5
Building Type
Mid-rise apartment

Market Overview

Avg Sold Price
$354,833.333
Median Sold
$355,000
Price Range
$199,000 – $450,000
Avg $/SqFt
$390.575
Sales (2yr)
12
Avg Days on Market
57.66666666666666

Last sale: Jun 18, 2026

Condo Fees

Avg Monthly Fee
$751.061
Median Fee
$727.265
Avg $/SqFt
$0.824
Units w/ Fee Data
12
Fee IncludesHeat, Water

2026 Assessment

Avg Assessed
$370,200
Min Assessed
$214,000
Max Assessed
$735,000

Building Features

ExteriorBrick,Stone,Stucco,Wood Frame
AmenitiesBicycle storage, elevator, underground parking, secured parking, snow removal, storage
Parking/Storage Titles277
Building TypeMid-rise apartment
Floors5 storeys
Year Built2001

Policies

Pet PolicyPets restricted

Known Issues & Notes

Known Issues (news/court)

[lawsuit_or_court - owner vs board dispute / oppression] A developer sought a court order allowing it to cast one show-of-hands vote for each unit it owned, including 216 parking stall units, while the condominium corporation cross-applied alleging the developer's structuring of bylaws and voting rights was oppressive; the court held that bylaw provisions giving one vote per unit (including parking units) conflicted with s.26(1) of the Condominium Property Act and were void to that extent, and dismissed both the developer's application and the corporation's oppression claim. (2009-11-16)

Source

Management

Management CompanyParterre Property Services Inc.
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About This Building

The Residences of Mount Royal is a 53-unit, five-storey mid-rise apartment building completed in 2001, located at 881 15 Avenue SW in Calgary's Beltline neighbourhood. This boutique executive condo complex offers a blend of urban convenience and residential comfort, with recent sales averaging around $355,000 and monthly condo fees of approximately $751. The building features underground secured parking, bicycle storage, and an elevator. Most units showcase open-concept layouts with high ceilings, private patios or balconies, and in-suite laundry. Before making an offer on a unit here, prospective buyers should have a professional review of the reserve fund study, condo financial statements, board minutes, and bylaws to understand the building's capital plans and governance.

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General information, not legal advice. Building figures are approximate; confirm details in the corporation's own documents.

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