408 1 Avenue SE in Diamond Valley is a four-storey low-rise apartment complex built in 2014, containing one-bedroom and two-bedroom units. The building features concrete and vinyl siding construction with underground parking, an elevator, fitness centre, and party room. Recent sales have averaged around $325,000, with monthly condo fees of roughly $346. Units typically include in-unit laundry and secure underground parking. Before purchasing, retain a professional to review the reserve fund study, financial statements, board minutes, and bylaws to understand the building's long-term financial health and any planned capital projects.