Versace
540 5 Av Ne, Calgary, AB T2E 0L2
Renfrew
Year Built
2005
Units
28
Floors
4
Building Type
Low-rise apartment
Market Overview
Avg Sold Price
$302,000
Median Sold
$315,000
Price Range
$251,000 – $340,000
Avg $/SqFt
$391.576
Sales (2yr)
3
Active Listings
1
Avg List Price
$329,900
Avg Days on Market
24
Last sale: Jun 4, 2026
Condo Fees
Avg Monthly Fee
$630.988
Median Fee
$664.255
Avg $/SqFt
$0.782
Units w/ Fee Data
4
Fee IncludesHeat, Water
2026 Assessment
Avg Assessed
$289,600
Min Assessed
$224,000
Max Assessed
$377,000
Building Features
ExteriorStone,Stucco,Wood Frame
AmenitiesElevator, underground parking, visitor parking, snow removal
Parking/Storage Titles34
Building TypeLow-rise apartment
Floors4 storeys
Year Built2005
Policies
Pet PolicyRestrictions
Management
About This Building
Versace is a four-storey low-rise apartment building completed in 2005 in Renfrew, Calgary, at 540 5 Avenue NE. The 28-unit complex contains studios to two-bedroom units, many with downtown skyline views and private balconies with gas BBQ hookups. Recent sales have averaged around $302,000, with monthly condo fees averaging roughly $631. The building offers underground parking, an elevator, and visitor parking, situated near shopping, restaurants and transit. Before finalizing a purchase, prospective buyers should arrange professional review of the reserve fund study, financial statements, board minutes and bylaws to understand the building's financial health and governance.