404 1st Avenue SE in Diamond Valley is a newly completed four-storey low-rise apartment building offering modern concrete and steel frame construction. The one unit observed sold for $425,000, with monthly condo fees averaging around $360. Typical units feature open-plan layouts, nine-foot ceilings, triple-glazed windows, heated indoor parking with EV charging infrastructure, and wraparound balconies with storage. The building is pet-friendly and includes an elevator, secured parking, and a workshop. Before finalizing your purchase, have a real estate lawyer and accountant review the condominium documents, including the reserve fund study, financial statements, board minutes, and bylaws, to ensure you understand all obligations and the building's long-term financial health.