Beltline unit spent 41 days on the cooling market
In a 14-year-old high-rise a few streets south of the Calgary Tower, this one-bedroom unit was launched shortly after another unit sold in the $280,000s. It seemed sensible to ask for a similar amount, and to turn down an offer in the upper $270,000s on opening day. Unfortunately, it took about a month for another proposal to emerge. Negotiations raised the offer to $275,000.
“I listed and sold a unit within two weeks of this one in April for $282,000 two floors higher,” said agent Bryon Howard. “The market started to change as we listed this – meaning it got worse – so we thought we’d sell closer to our list price around $285,000, but we sold for $275,000.”This 682-square-foot unit has walls of windows and sliding balcony doors along the open principal room.The unit comes with one parking spot. Heating and water costs are included in monthly fees of $433.
The building’s location also held appeal. “It’s located in the Beltline, which is a really cool area with a lot of great restaurants and amenities,” Mr. Howard said.Your house is your most valuable asset. We have a weekly to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.
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