1111 15 Ave. SW., No. 701 Connaught, Calgary
ASKING PRICE $335,000
SELLING PRICE $327,500
TAXES $1,150 (2014)
DAYS ON THE MARKET 36
LISTING AGENT Joel Gwillim, CIR Realty
The Action: For the month of June, the Shy-Lui had just one opening in the form of this two-bedroom suite, so it was toured by a few serious buyers before one worked out a satisfactory deal.
What They Got: On the seventh floor of a 46-year-old residence, this 785-square-foot unit was recently gutted and modernized with hardwood floors in the bedrooms and principal room, which also has a walkout to a balcony, as well as quartz counters, high-gloss cabinetry, custom marble backsplashes, industrial-style column and stainless steel appliances in the open kitchen.
To keep items clean and tidy, there is a four-piece bathroom, stacked laundry machines, storage locker and parking, plus water and heating covered by monthly fees of $475.
The Agent's Take: "This is the smaller of the two-bedroom [models], but it's still a good space," says agent Joel Gwillim. "You get a two-bedroom – [roughly] 800 square feet – for the price of something that's a one-bedroom in a new building."
The seller increased its value with a major makeover. "If you have an original suite, it's really dated and enclosed with walls. But for this one, [the seller] took down everything he could except for the structural beam and a little drywall for running electrical for pot lights and kitchen lights," Mr. Gwillim notes.
"So it was completely move-in ready, looked great and had the wow factor stepping in through the front door."
Editor's note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale prices that are publicly available from government sources. While we try to publish Done Deals as soon as possible after the transaction has occurred, long closings can cause delays.