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Chateau Royal

515 18 Av Sw, Calgary, AB T2S0C6

Chateau Royal, at 515 18 Av Sw, is a condo building in the Cliff Bungalow area of Calgary, Alberta. It was built in 1977, has 16 residential units and stands 4 storeys tall.

Cliff Bungalow
Year Built
1977
Units
16
Floors
4
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$321,000
Median Sold
$321,000
Price Range
$314,000 – $328,000
Avg $/SqFt
$428.401
Sales (2yr)
2
Active Listings
1
Avg List Price
$225,000
Avg Days on Market
34.5

Last sale: May 5, 2025

Condo Fees

Avg Monthly Fee
$686.137
Median Fee
$686.43
Avg $/SqFt
$1.22
Units w/ Fee Data
3
Fee IncludesHeat, Water

2026 Assessment

Avg Assessed
$273,400
Min Assessed
$244,000
Max Assessed
$317,000

Building Features

ExteriorComposite Siding,Wood Frame
Parking/Storage Titles0
Building TypeLow-rise apartment
Floors4 storeys
Year Built1977

Policies

Pet PolicyCats and dogs allowed with restrictions.

Known Issues & Notes

Special Assessment Notes

Building upgrades completed 2019 (hardie board siding, triple pane vinyl windows, patio doors, decks, landscaping, fencing); parking lot repaved 2021.

Repairs/Projects

2019 exterior upgrades including siding, windows, patio doors, decks, landscaping, fencing; 2021 parking lot repave.

Management

Management CompanyKeystone Grey Property Management
Phone(403) 668-4866
Visit Website

About This Building

Chateau Royal is a 16-unit low-rise apartment building at 515 18 Avenue SW in Cliff Bungalow, built in 1977. The four-storey complex consists of two-level condo units averaging around 740 square feet. Recent sales in the building have averaged approximately $321,000, with monthly condo fees averaging roughly $686. The building underwent significant exterior upgrades in 2019, including new hardie board siding, triple-pane vinyl windows, and updated landscaping, with the parking lot repaved in 2021. Situated on a tree-lined street steps from 4th Street and 17th Avenue's shops and restaurants, and near the Elbow River pathway system, this location offers walkable inner-city living. Before finalizing your purchase, have a real estate lawyer review the condo documents, including reserve fund studies, financial statements, and board minutes, to understand the building's financial health and any planned assessments.

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General information, not legal advice. Building figures are approximate; confirm details in the corporation's own documents.

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