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Riverrun 1

2346 Erlton Pl Sw, Calgary, AB T2S 2Z4

Erlton
Year Built
1999
Units
39
Building Type
Townhouse/rowhouse condo

Market Overview

Avg Sold Price
$815,875
Median Sold
$816,750
Price Range
$765,000 – $865,000
Avg $/SqFt
$457.086
Sales (2yr)
4
Avg Days on Market
14.75

Last sale: May 15, 2026

Condo Fees

Avg Monthly Fee
$574
Median Fee
$574
Avg $/SqFt
$0.285
Units w/ Fee Data
1

2026 Assessment

Avg Assessed
$781,000
Min Assessed
$682,000
Max Assessed
$875,500

Building Features

ExteriorBrick,Wood Frame
Parking/Storage Titles0
Building TypeTownhouse/rowhouse condo
Year Built1999

Policies

Pet PolicyPets allowed

Known Issues & Notes

Known Issues (news/court)

[lawsuit_or_court - fire / insurance claim] After a subcontractor allegedly caused a fire during construction of stage D that destroyed stage C and damaged stages A and B of a multi-phase condominium development, the insurer who paid out over $25,000,000 under the all-risk policies sued the developer (also an insured co-owner/manager of common property) to recover the payout; the Court of Appeal held an insurer cannot subrogate against its own insured under the same policy, allowed the appeal, and dismissed the action. (2007-06-28); [lawsuit_or_court - fire / insurance claim] Condominium corporations and owners near Calgary's Erlton District sued multiple defendants including the City of Calgary for a May 30, 2002 fire that destroyed a building under construction and damaged neighbouring condominium buildings, claiming $25,325,853.58 in total damages and alleging the City negligently approved a deficient building design; the City applied to dismiss the claims against it under Rule 260, arguing it acted in good faith, but the court found some evidence of bad faith and a causal link to the losses, so it denied the application. (2009-03-09); [lawsuit_or_court - fire / insurance claim] Following a 2002 fire in the Erlton District that destroyed a unit under construction and damaged neighbouring buildings, several condominium corporations and unit owners sued Statesman Corporation, various waterproofing contractors, and the City of Calgary for over $21.7 million in damages; the trial court found the fire negligence defendants (Swan, Sziva/Cactus, and the Advanced Group) and Statesman liable, but dismissed the claim against the City, and in this 2010-07-26 costs ruling the court enhanced certain Schedule C tariff items, applied multipliers for complexity, doubled items under Rule 169/174 due to the City's Offer of Judgment, awarded the City costs against the plaintiffs, granted the plaintiffs a Bullock order against Statesman, and apportioned fire-negligence costs among the remaining defendants. (2010-07-26); [lawsuit_or_court - fire / insurance claim] Following a trial finding Statesman and subcontractors (Advanced Group, Cactus, Sziva, Swan) liable for a fire caused by negligent torch-on waterproofing work at the condominium complex, the court ruled on costs: Advanced Group and Cactus/Sziva/Swan must each bear their own costs with no right of indemnity from the other, because Advanced Group had retained Cactus without notice and contrary to its contract with Statesman; the plaintiffs' fire-negligence costs were apportioned 50/50 between Advanced Group and the Cactus/Sziva/Swan group, with no costs awarded against Swan personally in favour of Cactus and Sziva. Decided July 29, 2010. (2010-07-29); [lawsuit_or_court - fire / insurance claim] Following a May 30, 2002 fire in Calgary's Erlton District caused by a subcontractor's negligent torch-on waterproofing, condo corporations and owners sued Statesman, its subcontractors, and the City; costs of about $1.7 million were awarded against Statesman. The court granted Statesman leave to appeal two costs issues: whether a Bullock order could pass on the City's doubled costs (from its Rule 169 offer of judgment), and whether denying Statesman indemnity costs (~$326,000) for post-January 12, 2009 proceedings was proper. (2011-07-27); [lawsuit_or_court - fire / insurance claim] Following a 2009 trial finding Statesman Corporation and others liable for a May 30, 2002 fire that destroyed/damaged condominium units in Calgary's Erlton District, the Court of Appeal upheld the trial judge's 2010 costs decision requiring Statesman to pay the plaintiffs' double costs owed to the City of Calgary (via a Bullock order) and denying Statesman its own trial costs incurred after the trial's commencement on January 12, 2009; the appeal was dismissed. (2012-09-20); [lawsuit_or_court - fire / insurance claim] Following a massive fire on May 30, 2002 in Calgary's Erlton District that destroyed or damaged several Waterford, River Run and River Grande condominium buildings, condo corporations and individual owners sued the developer/general contractor Statesman, waterproofing contractors, and the City of Calgary for a total agreed claim of $21,721,976.07 (plus $1,156,638.65 to individual owners); the court found the waterproofer negligently caused the fire while performing inherently dangerous torch-on waterproofing near a combustible wood-frame wall, making his employer vicariously liable and imposing non-delegable liability on Statesman and the Advanced Group, while the City, though owing a duty of care, had not acted in bad faith and had not caused the loss. (2009-08-24)

Source

About This Building

Riverrun 1 is a townhouse condominium complex in the Erlton community of Calgary, built in 1999. The 39-unit development consists of brick and wood-frame rowhouses with attached double garages, averaging over 2,000 square feet of finished space across three storeys. Recent sales have averaged around $816,000, with monthly condo fees approximately $574. Most units feature gas fireplaces, updated kitchens with stainless steel appliances, engineered hardwood flooring, and west-facing patios. The complex benefits from proximity to Mission's shopping and dining, the Talisman Centre, and downtown access. Before finalizing your purchase, retain a professional to review the condo documents—reserve fund study, financial statements, board minutes, and bylaws—to understand the building's long-term financial health and governance.

Premium reviews are completed within 24 hours of having all required condo documents. General information, not legal advice.

The information provided on this website is for general reference only and should be independently verified. CondoShield does not guarantee the accuracy or completeness of any data, listings, or building details. Always consult official sources and qualified professionals before making real estate decisions.