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    505 550 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2236498

    505 550 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2236498

    550 Riverfront Avenue SE, Calgary

    FIRST is a mid-rise condo development by FRAM+Slokker in the highly desirable downtown community of East Village. Located just a few steps from RiverWalk, the 18-storey, 196-unit building puts residents within minutes of walking from St. Patrick's Island, Eau Claire, Prince's Island Park, Chinatown, and other top riverside destinations along the Bow River. Completed in 2015, the condominium features a variety of small- to medium-sized units with one- and two-bedroom floorplans, some penthouses, and live/work units as well.

    Begin your search for FIRST Condos in Calgary below! If you have questions about any units or are looking to view a current listing,  contact our team of experienced Realtors® by calling Cody & Jordan at 403-370-4008 and we will be happy to assist you!

    FIRST Calgary Condos for Sale

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    505 550 Riverfront Avenue SE
    Downtown East Village Calgary T2G 1E5

    $289,900
    Residential beds: 1 baths: 2.0 547 sq. ft. built: 2015

    Main Photo: 505 550 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2236498
    Photo 1: 505 550 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2236498
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    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2236498
    Bedrooms:
    1
    Bathrooms:
    2
    Year Built:
    2015
    This sophisticated one bedroom 1 1/2 bath home has been upgraded with beautiful cherry laminate flooring which flows throughout the open concept kitchen/Dining and Living areas. Sleek modern grey/white cabinets offer lots of storage space and anchor the well laid out kitchen with stainless appliances and a convenient movable island for entertaining in style. The island doubles as a desk and tucks into an alcove for those who need a home office space. In-suite laundry and a stylishly wall papered 2 piece guest bathroom greet you upon entering. Big sliding glass patio doors open to an East facing balcony with gas hook up and custom wooden slat flooring. It over looks a charming community courtyard. Wake up to the sunrise with the floor to ceiling windows in the generously sized primary bedroom with walk in closet and 4 piece en-suite bathroom. Enjoy the 9' ceiling, air conditioning, secure Titled parking, a large storage cage, bike room and a huge variety of amenities, which add to the downtown vibe in this well managed and maintained pet friendly building. Amenities include: 24 hour concierge service, a rentable guest suite, visitor parking, yoga studio and fitness centre (on the 3rd floor), huge lounge/party room with attached kitchen, pool room, conference room, TV lounge area and an amazing roof top deck with spectacular views of the river (on the 18th floor). Located in trendy East Village - stroll to shopping, entertainment, the City centre or Stampede Park. Public transportation and river pathways are just mins away.
    Property Type:
    Residential
    Property Sub Type:
    Apartment
    Condo Type:
    Conventional Condo
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Suite:
    No
    Home Style:
    Apartment-Single Level Unit
    Total Living Area:
    547 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Taxes:
    Tax Assessed Value:
    Condo Fee:
    $546.27
    Condo Fee Includes:
    Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Interior Maintenance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Security Personnel, Trash, Water
    HOA Fee Includes:
    Acres Cleared:
    Acres Cultivated:
    Acres Irrigated:
    Acres Leasehold:
    Acres Not Cultivated:
    Acres Freehold:
    Acres Seeded:
    Acres Tame Hay:
    Acres Treed:
    Acres Waste:
    Acres Water Rights:
    Front Exposure:
    Southwest
    Reg. Size:
    Reg. Size Includes:
    Unit Exposure:
    West
    Floor Location:
    Other
    Entry Level:
    5
    Stories Total:
    18
    Levels:
    Single Level Unit
    End Unit:
    2+ Common Walls
    Total Rooms Above Grade:
    0
    Year built:
    2015 (Age: 10)
    Bedrooms:
    1 (Above Grd: 0)
    Bedrooms Above Grade:
    0
    Bedrooms Below Grade:
    1
    Bathrooms:
    2.0 (Full:1, Half:1)
    Plan:
    1512745
    Heating:
    Fan Coil
    New Constr.:
    No
    Construction Material:
    Concrete
    Structure Type:
    High Rise (5+ stories)
    Ensuite:
    Yes
    Flooring:
    Laminate, Tile
    Cooling:
    Central Air
    Fireplaces:
    0
    Garage:
    0
    Parking:
    Parkade, Secured, Titled, Underground
    Parking Places:
    1
    Parking Total/Covered:
    1 / -
    Laundry Features:
    In Unit
    Condo Fee Frequency:
    Monthly
    First
    Downtown East Village
    Bicycle Storage, Elevator(s), Fitness Center, Parking, Party Room, Recreation Facilities, Roof Deck, Secured Parking, Storage, Visitor Parking
    Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer Stacked, Window Coverings
    Barbecue, outdoor furniture
    Pet Restrictions or Board approval Required, Restrictive Covenant-Building Design/Size
    Restrictions
    Floor
    Type
    Size
    Other
    Suite
    Bedroom - Primary
    11'2" × 9'5"
    Suite
    Kitchen With Eating Area
    11'7" × 10'2"
    Suite
    Living Room
    12'6" × 9'5"
    Suite
    Laundry
    3'2" × 3'
    Suite
    Walk-In Closet
    5'5" × 5'3"
    Suite
    Entrance
    6'11" × 5'8"
    Floor
    Ensuite
    Pieces
    Other
    Suite
    Yes
    4
    4'11" x 8'7"
    Suite
    No
    2
    3' x 7'5"
    Title to Land:
    Fee Simple
    Community Features:
    Park, Playground, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
    Interior Features:
    High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Walk-In Closet(s)
    Exterior Features:
    Balcony, BBQ gas line, Courtyard
    Patio And Porch Features:
    Balcony(s)
    Num. of Parcels:
    0
    Region:
    Calgary
    Zone:
    CAL Zone CC
    Zoning:
    CC-EMU
    Listed Date:
    Jul 12, 2025
    Days on Mkt:
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      View from the balcony
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      movable island/desk
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    Listed by Real Estate Professionals Inc.
    Data was last updated July 13, 2025 at 12:05 PM (UTC)
    Area Statistics
    Listings on market:
    54
    Avg list price:
    $374,450
    Min list price:
    $194,900
    Max list price:
    $1,250,000
    Avg days on market:
    46
    Min days on market:
    1
    Max days on market:
    141
    Avg price per sq.ft.:
    $523.55
    These statistics are generated based on the current listing's property type and located in Downtown East Village. Average values are derived using median calculations. This data is not produced by the MLS® system.
    CODY BATTERSHILL
    powered by myRealPage.com
    Community Features

    Quick Facts

    • Developed by FRAM+Slokker
    • Community of East Village
    • 18 stories, 191 total units
    • Studio units from 400 to 500 s.f.
    • One-bedroom units from low 500 to mid 700 s.f.
    • Two-bedroom units from mid 800 to high 900 s.f.
    • Penthouses from high 1,100 to high 1,500 s.f.
    • Underground titled, heated, secure parking
    • Bicycle lockers and wash station
    • Approximately 200 metres from the downtown business core

    FIRST Real Estate

    FIRST condos by FRAM+Slokker is home to 191 studio, 1- & 2-bedroom condos, with 41 units located in a four-story podium and 150 units in the 18-story tower. Located on the corner of Fifth Street & Confluence Way Southeast, the building is a stone's throw away from the Bow River and its network of paved pathways, not to mention the nearby LRT Station.

    The concrete building's amenities include a rooftop patio, entertainment lounge, boardrooms, outdoor barbecue area, landscaped courtyard and a third-floor terrace for all residents to enjoy. Inside FIRST condos you'll find quartz countertops, laminate hardwood flooring, stainless steel appliances and other quality finishings.

    Interior Design & Finishings

    Bedrooms

    • Laminate flooring disguised as wood grain continues from the living room and hallway into the sleeping quarters.
    • Inside the bedroom, fully sized mirrored sliding closet doors make sure you have a full view from head to toe when deciding on what to wear,
    • modern, sliding birch veneer door that adds to the overall appeal of the interior design nicely.

    Bathrooms

    • Bathrooms are clean-cut and contemporary with lots of storage space, a must in any modern day condo.
    • A spacious glass walled shower with a rain-shower shower head, custom vanity with two decent sized drawers and bottom shelf make you feel like you are at the spa!
    • Sustainability is also a characteristic of FIRST, where water saving toilets is standard.

    Kitchens

    • FRAM+Slokker are keen on giving their customers choice. There are three different concepts used in the kitchens at FIRST.
    • Modern cabinetry with a textured, shiny finish creates compatibility with your chosen decor and isn’t limited to one color template.
    • A custom-built island seats four with bonus storage cabinets matches the wood grain laminate and cabinets nicely and if necessary can be pushed to the side for more space, an awesome feature for when hosting your family and friends!
    • Stainless steel, Energy-Star appliances come standard at FIRST, and are a nice finishing touch.

    Living Areas

    • More choice! You decide on one whichever color template suites you; Jazz, Rock or Blues.
    • Each palette uses natural textures and colours which emulate FIRST’s wonderful downtown riverside location in Calgary.
    • Each template is flexible enough to allow for easy mix and matching with your preferred interior decor.
    • Let’s not forget about the over-sized windows with a special glazing to let natural light in, trap heat and prevent noise invasion from the outside environment.

    FIRST Amenities

    Located in East Village, FIRST condos for sale offer residents convenient and immediate access to a full plethora of streetside amenities. Whether it be neighbourhood restaurants like Connie & John's Rooftop at the Simmons Building, Tim Horton's in the base of N3, or the Loblaws Superstore in the base of Arris, FIRST puts owners in the heart of one of Calgary's most popular downtown communities.

    Most notable nearby amenities in the immediate area within walking distance include (but are not limited to):

    • Real Canadian Superstore
    • TD Canada Trust
    • Shoppers Drug Mart
    • Scotiabank
    • ALT Hotel
    • Studio Bell
    • Tim Hortons
    • Parlour Ice Cream
    • Fortuna's Row
    • Strip Point Chicken
    • Subway
    • Olympia Liquor

    East Village Real Estate Agents

    Calgary Real Estate Agents and Realtors Contact

    Browsing First condos for sale in Calgary, or perhaps thinking about selling your current unit in this building? Our team of highly experienced condo specialists and Realtors® in Calgary have helped people buy and sell hundreds of condominiums over the past few decades and would love to apply our knowledge and experience to your transaction!

    Contact Cody & Jordan with RE/MAX House of Real Estate at 403-370-4008 if you have questions or would like us to set up a showing for you! Get a Free Property Valuation for your downtown condo in Calgary today!

    We are looking forward to helping you accomplish your real estate goals!

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