N3
450 8 Av Se, Calgary, AB T2G 1T2
Market Overview
Last sale: Jun 8, 2026
Condo Fees
2026 Assessment
Building Features
Policies
Known Issues & Notes
Known Issues (news/court)
[lawsuit_or_court - owner vs board dispute / oppression] Two related condominium corporations in a mixed-use Calgary East Village building (residential over commercial) disputed cost-sharing of common expenses under their Easement, Covenants and Restrictions Agreement, with the Residential Corporation claiming $134,244.34 owed as of May 31, 2019, and also raising issues like Tim Hortons compressors in the shared waste room and security costs, framed partly as an oppression claim under ss.66-67 of the Condominium Property Act. The Master enforced the ECR Agreement's 'pay now, dispute later' mechanism, granting judgment for $134,244.34 plus interest subject to later adjustment through the agreement's consultant/arbitration process, while leaving the other issues undecided to be pursued by statement of claim. (2019-08-21)
SourceAbout This Building
N3 is a 16-storey high-rise apartment building in Calgary's Downtown East Village, completed in 2015. Located at 450 8 Avenue SE, the building contains 167 units primarily configured as one- and two-bedroom condos. Recent sales have averaged around $224,000, with monthly condo fees averaging roughly $401. The city's 2026 assessed value for units here averages $252,000. Residents benefit from a top-floor fitness centre, rooftop patio with panoramic city views, bike storage, and communal lounges. The building sits steps from the C-Train, Central Library, and downtown shops. Before committing to purchase, retain a lawyer to review the reserve fund study, financial statements, board minutes, and bylaws to understand the building's financial health and governance.
