2401 16 St Sw

This low-rise apartment building at 2401 16 Street SW in Calgary's Bankview community was constructed in 1978 and contains 15 units across four floors. Recent sales have averaged around $279,000, with monthly condo fees averaging roughly $626. The building is a concrete structure with secured, enclosed parkade parking and offers amenities including bicycle storage, laundry facilities, and a roof deck. Units are typically two-bedroom, two-bathroom layouts with contemporary updates. The city's 2026 assessed value for units in this building averages $254,000. Before making an offer, prospective buyers should have a lawyer review the reserve fund study, financial statements, board minutes, and bylaws to understand the building's financial health and any upcoming capital projects.