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DEPOSITS ON NEW CONDOS


A slew of changes affecting the way developers handle purchase agreements, trust funds and much more took effect due to the passage of the Condominium Property Amendment Act and supporting regulations. These changes were introduced to tackle numerous issues faced by new condominium buyers, one of which was developers going bankrupt without adequate protection of the purchasers’ deposit.


Effective April 1, 2018, if a purchaser buys a new condominium in Alberta, their deposit must be held in trust while the condominium is being built. All trust funds must be held by a prescribed trustee, who must be a lawyer who is an active member of the Law Society of Alberta. That means, a developer must deposit the purchasers’ deposit into their lawyer’s trust account within 3 business days of receipt. Once the builder’s lawyer receives the deposit, they have 10 days to notify the buyer that the funds are in their trust account. Alternatively, a buyer may elect to get their own lawyer to hold the deposit in trust, given the developer approves. Again, the buyer’s lawyer has 10 days to notify the developer that funds are in their trust account.

 

However, Service Alberta states that purchase deposits that are covered under a Purchaser’s Protection Plan approved by the Minister of Service Alberta, or that are held as security in relation to the unit under another enactment, are not required to be held in a trust account. For example, deposits covered under a Protection Plan offered with Alberta New Home Warranty Program, Aviva Insurance Company of Canada, The Guarantee Company of North America and Travelers Insurance Company of Canada do not need to be held in a developer’s lawyer’s trust account. To confirm whether a builder has deposit protection from an approved Protection Plan, it is best for a buyer or their representative to reach out to the builder and get that confirmation in writing.


Lawyers can release a purchasers’ deposit from trust in any of the following circumstances:


  • Title to the unit is transferred to a purchaser and the common property is substantially complete;
  • The deposit money is secured by an approved Purchaser’s Protection Plan;
  • The deposit money is secured by a security provided under another statute or regulation;
  • The purchaser cancels the purchase agreement for a reason allowed under the Condominium Property Act;
  • A condition imposed by the purchaser in the agreement has not been satisfied or removed in time, as allowed in the agreement;
  • The developer terminates the purchase agreement according to that agreement;
  • The purchaser and developer mutually agree to the release of the deposit;
  • Money paid to a trustee in error; or
  • Court order or where money is paid into court.

If you have any questions concerning the payment of deposits during a new condominium build, please don’t hesitate to contact Khemka Law or counsel of your choosing. If there’s a topic you’d like us to cover, please let us know! We are always here to assist you. Thank you for taking time to read this Thursday Tidbit.

 

Sincerely,

Pranav Khemka

Pranav Khemka, Barrister & Solicitor T: (403) 457-9577 | F: (403) 457-9578 E: pkhemka@khemkalaw.com

 

LEGAL: The Thursday Tidbit provides   general   information and does not constitute legal advice. Circumstances may vary and no lawyer-client relationship is established from the use and reliance of this information. You are strongly advised to seek any legal advice by directly contacting  Khemka Law or counsel of your choosing.  Khemka Law does not warrant or guarantee the quality, accuracy or completeness of any information found within this Thursday Tidbit.

……………………..

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  • 1201 690 Princeton Way SW in Calgary: Eau Claire Apartment for sale : MLS®# A2262967

    1201 690 Princeton Way SW Eau Claire Calgary T2P 5J9
    Main Photo: 1201 690 Princeton Way SW in Calgary: Eau Claire Apartment for sale : MLS®# A2262967

    1201 690 Princeton Way SW Calgary T2P 5J9 Eau Claire

    $7,175,000
    Residential
    Status:
    Active
    MLS® Num:
    A2262967
    Bedrooms:
    2
    Bathrooms:
    6
    Floor Area:
    4,802 sq. ft.
    ICONIC BUILDING. ICONIC RESIDENCE. EXCLUSIVE LOCATION. THREE-LEVEL PENTHOUSE. Located on the beautiful Bow River and across from Prince’s Island Park, the PRINCETON offers exceptional luxury condominium living with full concierge service. One of Calgary’s most distinguished addresses, the PRINCETON development is home to many famous residents that have chosen this special community to reside. Owned by the “Hotchkiss Family Estate”, this magnificent property will NEVER BE REPLICATED. The property was architecturally designed by Gibbs Gage Architects in conjunction with interior design curated by the late Arthur Fishman. This is a once-in-a-lifetime opportunity to live in the “pinnacle” PENTHOUSE suite, ideally positioned on the southwest side of the top three floors of this premier address. Direct elevator to suite access for two of the three floors. Magnificent oval marble staircase. Wood-burning Whilshire fireplace. Sherle Wagner gold fixtures. Versaille Parquet hardwood flooring. Grand French granite balconies. Featuring over 5500 square feet of OPULENT interior and exterior living space, this property is sure to impress the most discriminating buyer. The millwork detailing, interior design elements, and furnishings are modelled after “Chateau de Versailles”. Please call to arrange for your private viewing of this incredible offering. For detailed information, please click onto the brochure link. More details
    Listed by Coldwell Banker Mountain Central
    LISTING DETAILS
    Stu Lowe

  • 801 100 10A Street NW in Calgary: Hillhurst Apartment for sale : MLS®# A2224066

    801 100 10A Street NW Hillhurst Calgary T2N 4T3
    Main Photo: 801 100 10A Street NW in Calgary: Hillhurst Apartment for sale : MLS®# A2224066

    801 100 10A Street NW Calgary T2N 4T3 Hillhurst

    $5,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2224066
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,486 sq. ft.
    Perhaps the finest 2500 square foot offering in Calgary, brand new in The Kenten. Welcome to your dream single-level residence in the sky with 130 feet of glass, 3 elevations, overlooking the river, trees, cityscape. Optional 4 Bedroom 3 Bathroom, Masterfully designed by architects Davignon and Martin, The Bow is designed to give Calgarians an inner-city experience without sacrificing the comforts appreciated in an executive home. As you step in, you are greeted by a sweeping view of the river; floor to ceiling triple-pane windows with a 10 foot ceiling; a massive open concept kitchen, living, and dining room designed to entertain your family and friends. Enjoy a gourmet kitchen with Sub-Zero & Wolf appliances including a dedicated fridge and freezer, an abundance of storage, a bar, wine wall, and a floating fireplace that all flow towards your opening wall system. Step out onto your large terrace overlooking the beautiful Bow River. Enjoy a spacious primary bedroom with custom millwork, walk-in closet, and 6 piece ensuite bathroom with a floating tub, heated floors, and double shower with steam. The second bedroom comes with it's own walk-in closet and ensuite bathroom, and the third bedroom comes with a cheater ensuite bathroom and a built-in murphy bed with room for a desk. An huge riverfront den and laundry room complete the residence accompanied by 2 bike racks, 2 titled storage lockers, and 3 titled parking stalls. There are 3 Modern palettes to choose from that can be further customized to your liking. The Kenten features over 8,000 square feet of amenities including a sky lounge, gym overlooking Kensington, golf simulator, sauna, hot tub, concierge, guest suites, car wash, and more. Explore a simplified lock and leave lifestyle you didn't know was possible, with 250+ shops and restaurants in Kensington and river pathways stemming from one end of the city to the other. Now preselling, our Sales Centre is open for viewings by private appointment. With only 44 residences, don't miss this once in a lifetime opportunity to live at the most interesting corner in Calgary. More details
    Listed by Purpose Realty
    LISTING DETAILS
    Stu Lowe

  • 905 100 10A Street NW in Calgary: Hillhurst Apartment for sale : MLS®# A2251908

    905 100 10A Street NW Hillhurst Calgary T2N 4T3
    Main Photo: 905 100 10A Street NW in Calgary: Hillhurst Apartment for sale : MLS®# A2251908

    905 100 10A Street NW Calgary T2N 4T3 Hillhurst

    $4,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2251908
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,230 sq. ft.
    Welcome to your dream single-level Penthouse with your own private riverfront rooftop patio at The Kenten. Masterfully designed by architects Davignon and Martin, The Sable spans 96 feet of glass with 11 foot ceilings and both sunrise and sunset elevations. As you step in, you are greeted by a large living space with triple pane windows overlooking the river; featuring an beautiful kitchen, living, dining, and 450 square foot wrap around balcony, all designed to entertain your family and friends. Enjoy a gourmet kitchen with Sub-Zero & Wolf appliances, gas range, custom millwork, walk-in pantry, and fireplace that all flow towards your opening wall system. The large primary bedroom has an office/den, a large walk-in closet, and a 6-piece ensuite bathroom with a floating tub and heated floors., and a steam shower. The second bedroom come has it's own ensuite bathroom, and a 3rd bedroom and bathroom complete the residence. The penthouse is accompanied by 2 bike racks, 2 titled storage lockers, and 3 titled parking stalls or garage conversion. There are 3 modern palettes to choose from that can be further customized to your liking. The Kenten features over 8,000 square feet of amenities including a sky lounge, gym overlooking Kensington, golf simulator, sauna, hot tub, concierge, guest suites, car wash, and more. Explore a simplified lock and leave lifestyle you didn't know was possible, with 250+ shops and restaurants in Kensington and river pathways stemming from one end of the city to the other. Now in construction, our sales center is open for viewings by private appointment. With only 44 residences, don't miss this once in a lifetime opportunity to live at the most interesting corner in Calgary. More details
    Listed by Purpose Realty
    LISTING DETAILS
    Stu Lowe

  • #B 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2270976

    #B 4120 1A Street SW Parkhill Calgary T2S 1R8
    Main Photo: #B 4120 1A Street SW in Calgary: Parkhill Apartment for sale : MLS®# A2270976

    #B 4120 1A Street SW Calgary T2S 1R8 Parkhill

    $3,375,000
    Residential
    Status:
    Active
    MLS® Num:
    A2270976
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,976 sq. ft.
    Not ready for condo living but ready to downsize? Discover relaxed, low-maintenance living at Parkhill Flats, a boutique two-residence development in one of Calgary’s most convenient inner-city neighborhoods. Designed with downsizers in mind, this home offers the space you want, the simplicity you’re looking for, and the privacy that’s hard to find in the city. With 3,000 sq/ft of true single-level living, you can keep the comfort of a full-sized home without the stairs or upkeep. High ceilings, large windows, and three outdoor spaces make the entire home feel bright, open, and easy to live in. A private elevator brings you directly from your heated four-car garage to your front door. Quality materials like white oak hardwood, custom cabinetry, and natural stone were chosen for durability and timelessness, not trendiness. The well-equipped kitchen with Wolf and Sub-Zero appliances is designed for everyday cooking as much as hosting family or friends. The 30’ x 16’ partially covered patio is perfect for outdoor dining or relaxing in the summer. The owner’s suite includes its own west-facing patio with treetop views, a calm, spa-inspired ensuite, and a walk-in closet that offers practical, easy organization. A second bedroom with ensuite, a den, and a full laundry room complete the efficient layout. The oversized heated storage room gives you flexibility—keep it as storage, or turn it into a fitness room, hobby space, media room, or golf simulator. Built with commercial-grade construction, including a fire suppression system and gated rear access, the building is designed for long-term comfort and peace of mind. Located directly across from Stanley Park, you’re steps from the river pathway, walking trails, and green space—ideal for an active, lock-and-leave lifestyle. The Glencoe Club, Calgary Golf & Country Club, and a variety of dining and shopping options are just minutes away. Designed by Bridgette Frontain Interiors and built by the team behind the highly regarded Elveden Court project, Parkhill Flats focuses on quality, practicality, and lasting value. The Terrace Level residence, which offers nearly identical features, is also available. See MLS#A2257223. More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS
    Stu Lowe

  • 403 100 10A Street NW in Calgary: Hillhurst Apartment for sale : MLS®# A2282638

    403 100 10A Street NW Hillhurst Calgary T2N 4T3
    Main Photo: 403 100 10A Street NW in Calgary: Hillhurst Apartment for sale : MLS®# A2282638

    403 100 10A Street NW Calgary T2N 4T3 Hillhurst

    $3,150,000
    Residential
    Status:
    Active
    MLS® Num:
    A2282638
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,990 sq. ft.
    Only a few Broadview's left in the entire project! Welcome to your dream single-level residence in the sky overlooking the river at The Kenten. Masterfully designed by architects Davignon and Martin, The Broadview is designed to give Calgarians an inner-city experience without sacrificing the comforts appreciated in an executive home. At 48 feet of unobstructed frontage, this could be described as having a city lot in the sky to build your custom home. As you step in, you are greeted by grand living space with floor to ceiling triple-pane windows; a 22 foot wide spacious open concept kitchen, living, and dining rooms designed to entertain your family and friends. Enjoy a gourmet kitchen with Sub-Zero & Wolf appliances including a dedicated fridge and freezer, a butler's pantry, an abundance of storage, a bar, wine wall, and fireplace that all flow towards your opening wall system. Step out onto your 200 square foot terrace overlooking the beautiful Bow River. Enjoy a spacious primary bedroom with custom millwork, 3 closets including a walk-in closet, and 6 piece ensuite bathroom with a floating tub, heated floors, and double shower with steam. The second bedroom comes with a built-in murphy bed, with a built-in closet and room for a desk, along with an en-suite bathroom. An additional 2 piece bathroom and laundry room complete the residence accompanied by 2 bike racks, 2 titled storage lockers, and 2 titled parking stalls. There are 3 Modern palettes to customize your residence from. The Kenten features over 8,000 square feet of amenities including a sky lounge, gym overlooking Kensington, golf simulator, sauna, hot tub, concierge, guest suites, car wash, and more. Explore a simplified lock and leave lifestyle you didn't know was possible, with 250+ shops and restaurants in Kensington and river pathways stemming from one end of the city to the other. With only a few residences remaining of 44 residences, don't miss this once in a lifetime opportunity to live at the most interesting corner in Calgary. More details
    Listed by Purpose Realty
    LISTING DETAILS
    Stu Lowe

  • 501 128 Waterfront Court SW in Calgary: Chinatown Apartment for sale : MLS®# A2325786

    501 128 Waterfront Court SW Chinatown Calgary T2P 1K9
    Main Photo: 501 128 Waterfront Court SW in Calgary: Chinatown Apartment for sale : MLS®# A2325786

    501 128 Waterfront Court SW Calgary T2P 1K9 Chinatown

    $2,860,000
    Residential
    Status:
    Active
    MLS® Num:
    A2325786
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    2,292 sq. ft.
    This is the chance to live in this prestige penthouse located in the heart of Eau Claire! Enjoy endless 360 degree views of the river, mountains, and downtown skyline. This massive penthouse has the entire top floor with nearly 2300sqft of living space and over 1300 sq ft of exterior terrace and roof top patio! Gourmet kitchen with top of the line appliances and quartz counters. Hardwood, marble and procelain floor make this penthouse pure luxury living. With its own private elevator entrance, guests be greeted by a luminous and expansive living space adorned with vaulted ceilings and generous windows that usher in abundant sunlight and breathtaking vistas. Impeccably hardwood floors grace the living room, a sunlit office. and a chic dining area. The kitchen, fit for a culinary enthusiast, boasts solid wood cabinetry, top-tier appliances, dual dishwashers, and a charming breakfast nook with a custom-built table. A full bar leads to the formal dining room, offering the perfect setting to host gatherings, both indoors and outdoors, on a sprawling terrace that can be accessed from the nook or dining room. The primary suite is a sanctuary of serenity, featuring a sitting area framed by expansive windows offering views above the lush treetops. Find relaxation in the primary ensuite's deep soaker tub or rejuvenate under the double shower. The ensuite seamlessly blends into the walk-in closet and dressing room, which is adorned with a spacious island and an integrated laundry area. Completing the main level are two additional bedrooms, an inviting office, and a cozy den. There are 3 bedrooms, and a large den/media room. This building is truly the gem of Princes Island, it is a concrete building of only 5 storeys and will only have 13 discreet owners. You have the entire floor to yourself with two entrances, as well as private elevator floor access. Located between Calgary's downtown core and Prince's Island Park, with the most breath-taking views of the Bow River! Walk to work via the +15 network located steps away or go for a run along the river path and Prince's Island Park. This space was created to impress and to entertain. The North tower presents a fitness area, a bathroom equipped with a steam shower, and a spacious patio with a soothing hot tub to unwind. Book your priavte showing today! More details
    Listed by Homecare Realty Ltd.
    LISTING DETAILS
    Stu Lowe

  • 1401 837 2 Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2309463

    1401 837 2 Avenue SW Eau Claire Calgary T2P 0E6
    Main Photo: 1401 837 2 Avenue SW in Calgary: Eau Claire Apartment for sale : MLS®# A2309463

    1401 837 2 Avenue SW Calgary T2P 0E6 Eau Claire

    $2,500,900
    Residential
    Status:
    Active
    MLS® Num:
    A2309463
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    4,862 sq. ft.
    Commanding a rarefied position high above the city, this extraordinary sub-penthouse is a statement of prestige, scale, and uncompromising luxury—crafted for a truly discerning buyer. Spanning over 4,800 sq ft of meticulously designed living space, this residence offers an elevated lifestyle defined by privacy, sophistication, and breathtaking panoramic views. A private elevator opens directly into the suite, setting the tone for an exclusive, estate-like experience in the sky. The grand living and entertaining areas are nothing short of spectacular, featuring expansive principal rooms, a formal dining area, and a separate family lounge—each surrounded by floor-to-ceiling windows that flood the home with natural light and showcase uninterrupted vistas. Designed for both intimate gatherings and large-scale entertaining, the layout flows seamlessly throughout. A chef-calibre kitchen anchors the home with generous workspace, premium finishes, and effortless connection to the main living areas. The primary retreat is a private sanctuary, complete with a spa-inspired ensuite and an exceptional walk-in dressing room. Additional bedrooms are generously proportioned, offering comfort and privacy for family or guests, each complemented by well-appointed bathrooms. An extraordinary highlight of this residence is the nearly 1,200 sq ft of outdoor living space—expansive terraces offering unobstructed 180-degree views of the mountains, Bow River, and downtown skyline. This seamless indoor-outdoor experience creates a truly remarkable setting for entertaining or quiet moments above the city. With direct elevator access into the residence, expansive interiors, and 24/7 concierge service, this is a rare offering that embodies the pinnacle of downtown luxury living—tailored for those who expect nothing less than the exceptional. More details
    Listed by LPT Realty
    LISTING DETAILS
    Stu Lowe

  • 302 170 Marina Cove SE in Calgary: Mahogany Apartment for sale : MLS®# A2326688

    302 170 Marina Cove SE Mahogany Calgary T3M 3P4
    Main Photo: 302 170 Marina Cove SE in Calgary: Mahogany Apartment for sale : MLS®# A2326688

    302 170 Marina Cove SE Calgary T3M 3P4 Mahogany

    $2,149,900
    Residential
    Status:
    Active
    MLS® Num:
    A2326688
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,937 sq. ft.
    New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level penthouse lifestyle in our stunning Reflection Estate homes situated lakeside on Mahogany Lake. Selected from the renowned Westman Village Community, you will discover THE SPRINGS, a home created for the most discerning buyer, offering a curated space to enjoy and appreciate the hand-selected luxury of a resort-style feel while providing you with a maintenance-free opportunity to lock and leave. Step into an expansive 2000+ builders sq ft stunning home overlooking the gorgeous Mahogany Lake featuring a thoughtfully designed open floor plan inviting an abundance of natural daylight with soaring 12-foot ceilings and floor to ceiling windows. The centralized living area, ideal for entertaining, offers a Built-in ULTRA JennAir appliance package with a 42” - 24.2 Cu Ft., Built-In, paneled, french door refrigerator with Obsidian black interior and built-in icemaker plus water with surround refrigerator Armoire Kit. Additionally, 24” cabinet panel ready dishwasher with stainless steel interior, 36” Professional-Style gas range top, Faber built-in cabinet hood fan, 30” combination wall oven plus microwave and Silhouette Emmental 24" Bev. Center; all nicely complemented by an Elevated Obsidian Colour Palette. All feature stunning Quartz countertops. You will enjoy two beautiful bedrooms and a generous central living area. The Primary Suite features a spacious 5-piece oasis-like ensuite with dual vanities, a large soaker tub, a stand-alone shower, and a generous walk-in closet. The Primary Suite and main living area open to a 35 ft x 17 ft terrace with a lovely view of the stunning Lake. Yours to enjoy and soak in every single day. To complete the package, you have a sizeable office area adjacent to the spacious laundry room and powder room, which open onto another expansive 25ft terrace, and a double-attached heated garage with a full-width, full-length driveway. Custom additions to the home include under-cabinet lighting in the kitchen, A/C, a laundry room with a convenient folding counter, a coffee bar, an office space, and more. Jayman's standard inclusions feature their trademark Core Performance, which includes 4 Solar Panels used to power common spaces, Built Green Canada Standard with an Energuide rating, high-efficiency heat pump for air conditioning, forced air fan coil hydronic heating system, active heat recovery ventilator, Navien-brand tankless hot water heater, triple pane windows and smart home technology solutions. Enjoy Calgary’s largest lake, with 21 more acres of beach area than any other community. More details
    Listed by Jayman Realty Inc.
    LISTING DETAILS
    Stu Lowe

  • 2301 836 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2325634

    2301 836 15 Avenue SW Beltline Calgary T2R 1S2
    Main Photo: 2301 836 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2325634

    2301 836 15 Avenue SW Calgary T2R 1S2 Beltline

    $2,100,000
    Residential
    Status:
    Active
    MLS® Num:
    A2325634
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    3,073 sq. ft.
    Situated at the top of Emerald Stone this beautiful 3,073 sq ft penthouse offers urban living at its finest. As you step into the foyer of this home you are met with 17’ ceilings, a custom sculptured glass wall, and granite inlay marble floor. The open concept design makes this the perfect entertainment and family space. The gourmet kitchen is well appointed with custom granite counter tops, subzero fridge, gas cooktop and wall ovens. The large island includes a breakfast bar, prep top and additional storage. The living room offers breathtaking city views, a vaulted dome ceiling with fiber-optic starburst lighting and shares a 2-sided fireplace with the generous sized dining room offering a dry bar with subzero bar fridge and access to the south facing balcony that has a BBQ gas line and space to dine el fresco. The incredible owner’s suite offers beautiful south views over 2 levels. The 2nd level loft style bedroom is complete with a fireplace, half bath, walk-in closet and private balcony – descend the stairs to the 5-pc ensuite with jetted tub with waterfall wall, oversized walk-in shower and double vanity. Down the hall is another walk-in closet, flex space that can be used for an office or dressing area and a home gym. Finishing off this amazing penthouse, is 2 additional bedrooms, a 5-pc bath, 2 pc bath off the foyer and full-sized laundry room. There are large storage areas off the primary bedroom and the 2nd bedroom Enjoy amazing views from one of the 3 balconies and floor to ceiling windows throughout. The main level balconies have snow melt system to clear the surface without needing to shovel! The hot tub on the east side is the perfect place to unwind and enjoy the fireworks from Stampede Park. Building amenities include a fitness centre and party room. 2 titled parking stalls, secure and underground with attached storage lockers. Situated in a neighbourhood rich with community, dining and nightlife! Conveniently located steps to all the amenities of Mount Royal West (Save-On Foods) & Mount Royal Village. Walking distance to the amenities, patios and nightlife of 17th Ave & 4 St SW. If that's not enough, save the hassle of rush hour and walk to Downtown. Convenient access to transit, MNP Community & Sport Centre & Macleod Tr SE. Quick Access to University of Calgary and Mount Royal University as well as Stampede Park & the new BMO Event Centre. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS
    Stu Lowe

  • 2800 1100 8 Avenue SW in Calgary: Downtown West End Apartment for sale : MLS®# A2283211

    2800 1100 8 Avenue SW Downtown West End Calgary T2P 3T9
    Main Photo: 2800 1100 8 Avenue SW in Calgary: Downtown West End Apartment for sale : MLS®# A2283211

    2800 1100 8 Avenue SW Calgary T2P 3T9 Downtown West End

    $1,999,000
    Residential
    Status:
    Active
    MLS® Num:
    A2283211
    Bedrooms:
    3
    Bathrooms:
    5
    Floor Area:
    5,466 sq. ft.
    Occupying the entire top floor of the iconic Westmount Place, this extraordinary penthouse offers over 5,500 square feet of living space and approximately 2,000 square feet of private outdoor terrace space with breathtaking 360-degree views of Calgary's skyline, the Bow River valley, and the Rocky Mountains beyond. Accessed by a private elevator that opens directly into the residence, this is a rare opportunity to own one of Calgary's most significant penthouse properties. Designed by internationally acclaimed designer Geoffrey Bradfield, the residence, known as "Penthouse in the Rockies" is a remarkable expression of his celebrated Millennium Modern design philosophy, blending sophisticated contemporary design with timeless luxury. Expansive entertaining spaces unfold in every direction. The grand living room, anchored by a fireplace and positioned to capture panoramic views in every direction, flows effortlessly into an opulent formal dining room designed for memorable gatherings. A sophisticated bar nook creates the perfect transition between the entertaining areas and the kitchen beyond. Designed for both everyday living and large-scale entertaining, the spacious kitchen offers abundant workspace, premium appliances, and a sun-filled breakfast nook overlooking the city. Adjacent to the kitchen, a comfortable family room with a second fireplace provides a warm and inviting retreat while taking in the spectacular views. Five private balconies and terraces surround the residence, creating exceptional indoor-outdoor living and offering multiple vantage points to enjoy sunrise, sunset, city lights, river valley vistas, and mountain views. With approximately 2,000 square feet of outdoor living space, the terraces are as impressive as the residence itself and provide an unparalleled setting for entertaining or quiet enjoyment above the city. The luxurious primary suite is a true private sanctuary, featuring a glamorous spa-inspired ensuite, generous walk-in dressing room, and stunning views. Two additional bedrooms each include their own ensuite bathroom and walk-in closet, providing outstanding comfort and privacy for family and guests. This exceptional residence is further enhanced by three parking stalls, concierge service, and an outstanding collection of resident amenities including a fitness centre, indoor swimming pool, and sport courts. Perfectly positioned in Calgary's sought-after downtown West End, residents enjoy immediate access to the Bow River pathway system, Prince's Island Park, restaurants, shopping, and the city's business core. A once-in-a-generation offering where design pedigree, scale, privacy, amenities, and unparalleled views come together in one of Calgary's most iconic addresses. More details
    Listed by Sotheby's International Realty Canada
    LISTING DETAILS
    Stu Lowe

  • 302 140 Marina Cove SE in Calgary: Mahogany Apartment for sale : MLS®# A2326687

    302 140 Marina Cove SE Mahogany Calgary T3M 3P4
    Main Photo: 302 140 Marina Cove SE in Calgary: Mahogany Apartment for sale : MLS®# A2326687

    302 140 Marina Cove SE Calgary T3M 3P4 Mahogany

    $1,974,900
    Residential
    Status:
    Active
    MLS® Num:
    A2326687
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,890 sq. ft.
    New Price Release — 10 Luxury Reflection Homes Just Completed, Ready for Immediate Occupancy! The Streams of Lake Mahogany present an elevated single-level penthouse lifestyle in our stunning Reflection Estate homes situated parkside on Mahogany Lake. Selected from the renowned Westman Village Community, you will discover THE SPRINGS, a home created for the most discerning buyer, offering a curated space to enjoy and appreciate the hand-selected luxury of a resort-style feel while providing you with a maintenance-free opportunity to lock and leave. Step into an expansive 2000+ builders sq ft stunning home overlooking the gorgeous Mahogany Lake featuring a thoughtfully designed open floor plan inviting an abundance of natural daylight with soaring 12-foot ceilings and floor to ceiling windows. The centralized living area, ideal for entertaining, offers a Built-in ULTRA JennAir appliance package with a 42” - 24.2 Cu Ft., Built-In, paneled, french door refrigerator with Obsidian black interior and built-in icemaker plus water with surround refrigerator Armoire Kit. Additionally, 24” cabinet panel ready dishwasher with stainless steel interior, 36” Professional-Style gas range top, Faber built-in cabinet hood fan, 30” combination wall oven plus microwave and Silhouette Emmental 24" Bev. Center; all nicely complemented by a Mountain Mist Elevated Colour Palette. All feature stunning Quartz countertops. You will enjoy two beautiful bedrooms and a generous central living area. The Primary Suite features a spacious 5-piece oasis-like ensuite with dual vanities, a large soaker tub, a stand-alone shower, and a generous walk-in closet. The Primary Suite and main living area step out to a 35 ft x 17 ft terrace with a lovely view of the stunning Lake. Yours to enjoy and soak in every single day. To complete the package, you have a sizeable office area adjacent to the spacious laundry room and powder room, which open onto another expansive 25ft terrace, and a double-attached heated garage with a full-width, length driveway. Custom additions to the home include under-cabinet lighting in the kitchen, A/C, a laundry room with a convenient folding counter, a coffee bar, an office space, and more. Jayman's standard inclusions feature their trademark Core Performance, which includes 4 Solar Panels used to power common spaces, Built Green Canada Standard with an Energuide rating, high-efficiency heat pump for air conditioning, forced air fan coil hydronic heating system, active heat recovery ventilator, Navien-brand tankless hot water heater, triple pane windows and smart home technology solutions. Enjoy Calgary’s largest lake, with 21 more acres of beach area than any other community. More details
    Listed by Jayman Realty Inc.
    LISTING DETAILS
    Stu Lowe

  • 702 600 Princeton Way SW in Calgary: Eau Claire Apartment for sale : MLS®# A2289916

    702 600 Princeton Way SW Eau Claire Calgary T2P 5N4
    Main Photo: 702 600 Princeton Way SW in Calgary: Eau Claire Apartment for sale : MLS®# A2289916

    702 600 Princeton Way SW Calgary T2P 5N4 Eau Claire

    $1,950,000
    Residential
    Status:
    Active
    MLS® Num:
    A2289916
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    2,130 sq. ft.
    Experience elevated living in one of Calgary’s most exclusive and highly sought-after luxury developments. Princeton Grand is synonymous with prestige, privacy, and uncompromising quality — an iconic Eau Claire address reserved for a discerning few. Arrive via your private, direct-to-suite elevator into this exceptional northwest corner residence. Floor-to-ceiling windows frame breathtaking views of the Bow River and the architectural elegance of the Peace Bridge, while natural light enhances the home’s refined finishes and expansive proportions. Designed for sophisticated entertaining and effortless comfort, the open-concept layout features grand living and dining areas anchored by a statement gas fireplace and seamless access to a spacious covered terrace. The chef-inspired kitchen showcases premium stainless steel appliances, a five-burner gas range, professional hood fan, built-in oven and microwave, rich granite countertops, custom soft-close cabinetry, and an oversized island ideal for hosting. A separate family/great room with custom fireplace offers flexibility for a private lounge or executive home office. The primary suite is a luxurious retreat, complete with a fully renovated, spa-calibre ensuite featuring heated floors, a freestanding soaker tub, dual vanities, glass shower, and a custom walk-in closet with tailored built-ins. A generous guest bedroom includes its own private ensuite, ensuring comfort and privacy for visitors. Additional features include a dedicated laundry room with storage, two titled underground parking stalls, and a secure titled storage locker. Residents enjoy a curated collection of world-class amenities: 24-hour concierge service, elegant guest suites, a temperature-controlled wine tasting room with private lockers, state-of-the-art fitness centre and yoga studio, steam room and sauna, owners’ lounge with full kitchen, underground car wash bay, and a dedicated freight elevator. Perfectly positioned in the heart of Eau Claire, steps from Prince's Island Park, the Bow River pathways, fine dining, boutique shopping, and downtown. The iconic Peace Bridge, Kensington, LRT, and +15 network are all within walking distance. This is more than a residence — it is a statement in luxury urban living. Welcome home. More details
    Listed by Coldwell Banker Mountain Central
    LISTING DETAILS
    Stu Lowe
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Data was last updated August 13, 2026 at 04:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.