Located at 407 1 Avenue NE in Calgary's Crescent Heights neighbourhood, this three-storey low-rise apartment building was constructed in 1971 and contains eleven units. The City of Calgary's 2026 assessed value for units in this building averages around $155,000, reflecting the modest price range typical of older inventory in the area. As with any condo purchase in Alberta, prospective buyers should obtain and carefully review the reserve fund study, financial statements, board meeting minutes, and bylaws to understand the building's financial health and any outstanding or planned capital projects.