TELA

TELA is a well-maintained, 51-unit low-rise apartment building completed in 2014, located at 317 22 Avenue SW in Calgary's Mission community. The building features four storeys with brick and stucco exterior and offers residents heated underground parking, bike storage, and elevator access. Recent sales have averaged around $401,000, with monthly condo fees typically around $472, which include heat and water. Units generally feature modern finishes including quartz countertops, stainless steel appliances, in-suite laundry, air conditioning, and many offer views of the Calgary Tower and the Elbow River. The building's excellent walkability and proximity to 4th Street restaurants and downtown make it an attractive inner-city address. Before purchasing, prospective buyers should have a condo lawyer or professional review the reserve fund study, financial statements, board minutes, and bylaws to ensure the building's long-term financial health and governance are sound.