Palace Royale

Palace Royale is a six-storey mid-rise apartment building in Calgary's Upper Mount Royal, built in 1969. The 26-unit complex features brick and concrete construction and offers a mix of one- and two-bedroom units ranging from approximately 700 to over 1,200 square feet. Recent sales have averaged around $361,000, with monthly condo fees averaging roughly $822. The building has undergone significant recent upgrades, including a new roof, boiler, elevator, and restored exterior envelope. Units feature amenities such as secured parking, bicycle storage, and laundry facilities. Before finalizing a purchase, prospective buyers should request and review the reserve fund study, financial statements, board minutes, and bylaws to understand the building's financial health and governance structure.