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316 1 Av Ne

316 1 Av Ne, Calgary, AB T2E 0B2

316 1 Av Ne is a condo building in the Crescent Heights area of Calgary, Alberta. It was built in 1963, has 40 residential units and stands 5 storeys tall.

Crescent Heights
Year Built
1963
Units
40
Floors
5
Building Type
Mid-rise apartment

Market Overview

Avg Sold Price
$182,050
Median Sold
$183,750
Price Range
$141,500 – $219,200
Avg $/SqFt
$367.258
Sales (2yr)
4
Avg Days on Market
28.5

Last sale: Jun 27, 2026

Condo Fees

Avg Monthly Fee
$334.165
Median Fee
$291.51
Avg $/SqFt
$0.661
Units w/ Fee Data
4
Fee IncludesHeat, Water

2026 Assessment

Avg Assessed
$214,600
Min Assessed
$172,000
Max Assessed
$270,500

Building Features

ExteriorBrick,Concrete
AmenitiesCoin laundry, elevator(s), park, parking (assigned stall), storage, visitor parking, bike storage.
Parking/Storage Titles0
Building TypeMid-rise apartment
Floors5 storeys
Year Built1963

Policies

Pet PolicyPets restricted.
Rental PolicyShort-term rentals (Airbnb) stated as allowed in at least one listing.

Known Issues & Notes

Repairs/Projects

One listing mentions extensive infrastructure work completed, including soundproofing and plumbing updates. No reserve fund or major deficiency statements provided.

Management

Management CompanyCitySearch Calgary
Phone403.777.1770
Visit Website

About This Building

This five-storey mid-rise apartment building, constructed in 1963, contains 40 units at 316 1 Avenue NE in Crescent Heights, Calgary. Recent sales have averaged around $182,000, with monthly condo fees averaging roughly $334. Built of brick and concrete, the building offers assigned parking, coin laundry, storage lockers, and an elevator. Its location within steps of the Bow River pathway system, downtown core, and transit makes it popular with first-time buyers and investors seeking inner-city walkability. Before finalizing any purchase, buyers should obtain and review the reserve fund study, financial statements, board minutes, and bylaws to understand the building's financial health and governance structure.

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