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    1605 550 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2335931

    Browse FIRST condos for sale in Calgary at 550 Riverfront Avenue SE on the MLS® below, updated in real time. Built in 2015 by FRAM+Slokker, the 18-storey concrete building in East Village has 196 units, including studio, 1- and 2-bedroom floor plans, live/work units, and penthouses ranging from about 400 to 1,500+ square feet. FIRST features a rooftop patio, third-floor terrace and entertainment lounge, and heated underground parking, all a few steps from the Bow River pathways. To set up a showing for current property listings or get a free CMA valuation for your unit, contact your local FIRST real estate agents. View more details about FIRST in East Village.

    FIRST Condo Listings in Calgary | MLS® Search

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    1605 550 Riverfront Avenue SE
    Downtown East Village Calgary T2G 1E5

    $285,000
    Residential beds: 1 baths: 2.0 567 sq. ft. built: 2015

    Main Photo: 1605 550 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2335931
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    Photo 48: 1605 550 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2335931
    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2335931
    Bedrooms:
    1
    Bathrooms:
    2
    Year Built:
    2015
    INVESTOR ALERT – TURNKEY INCOME OPPORTUNITY IN EAST VILLAGE! An exceptional opportunity to secure a tenant-occupied property generating $1,895/month in rental income with tenancy in place until April 2027. Enjoy immediate income from day one in one of Calgary’s most vibrant inner-city communities! This stylish 1-bedroom, 1.5-bath residence offers a smart, functional layout with unobstructed river valley and south East Village views. The spacious living area provides excellent flexibility for entertaining or accommodating overnight guests, while the rare 2-piece powder room adds extra convenience. Modern finishes include quartz countertops, dark flooring, contemporary tilework, sleek lighting, and a glass shower. A generous walk-in closet plus a separate storage locker in the parkade provides plenty of additional storage. The building delivers outstanding lifestyle amenities, including a spectacular top-floor indoor/outdoor recreation and entertaining space with panoramic river and city views, plus fully equipped fitness and yoga rooms with an outdoor patio on the 3rd floor. PRIME LOCATION + TENANT IN PLACE + $1,895/MONTH RENTAL INCOME + INCREDIBLE VIEWS! Whether you’re expanding your investment portfolio or securing an East Village property for the future, this is a TURNKEY OPPORTUNITY you don’t want to miss!
    Property Type:
    Residential
    Property Sub Type:
    Apartment
    Condo Type:
    Conventional Condo
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Suite:
    No
    Num Legal Suites:
    0
    Num Illegal Suites:
    0
    Home Style:
    Apartment-Single Level Unit
    Total Living Area:
    567.08 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Taxes:
    Tax Assessed Value:
    Condo Fee:
    $571.68
    Condo Fee Includes:
    Amenities of HOA/Condo, Common Area Maintenance, Gas, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Residential Manager, Security, Security Personnel, Sewer, Snow Removal, 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:
    West
    Reg. Size:
    Reg. Size Includes:
    Unit Exposure:
    West
    Floor Location:
    Other
    Entry Level:
    16
    Stories Total:
    0
    Levels:
    Single Level Unit
    End Unit:
    2+ Common Walls
    Total Rooms Above Grade:
    4
    Year built:
    2015 (Age: 11)
    Bedrooms:
    1 (Above Grd: 1)
    Bedrooms Above Grade:
    1
    Bedrooms On Main:
    1
    Bedrooms Below Grade:
    0
    Bathrooms:
    2.0 (Full:1, Half:1)
    Num Ensuite Baths:
    1
    Plan:
    1512745
    Heating:
    Fan Coil
    New Constr.:
    No
    Construction Material:
    Concrete
    Structure Type:
    High Rise (5+ stories)
    Ensuite:
    Yes
    Flooring:
    Laminate
    Cooling:
    Central Air
    Fireplaces:
    0
    Garage:
    No
    Parking:
    Underground
    Parking Places:
    1
    Parking Total/Covered:
    1 / -
    Laundry Features:
    In Unit
    Condo Fee Frequency:
    Monthly
    Southeast
    First
    Downtown East Village
    Community Gardens, Fitness Center, Recreation Room, Roof Deck
    Built-In Oven, Dishwasher, Dryer, Electric Cooktop, Microwave Hood Fan, Refrigerator, Washer
    N/A
    Pet Restrictions or Board approval Required
    Restrictions
    Floor
    Type
    Size
    Other
    Main Floor
    Bedroom
    18'10" × 8'9"
    Main Floor
    Foyer
    7'10" × 5'3"
    Main Floor
    Kitchen
    11'10" × 10'1"
    Main Floor
    Laundry
    4'6" × 2'11"
    Main Floor
    Living Room
    11'6" × 9'11"
    Main Floor
    Walk-In Closet
    8'1" × 4'11"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    2
    5'1" x 4'7"
    Main Floor
    Yes
    3
    9' x 4'11"
    Title to Land:
    Fee Simple
    Community Features:
    Park, Playground, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
    Interior Features:
    No Smoking Home
    Exterior Features:
    Other
    Patio And Porch Features:
    Balcony(s)
    Num. of Parcels:
    0
    Region:
    Calgary
    Zone:
    CAL Zone CC
    Zoning:
    CC-EMU
    Listed Date:
    Aug 08, 2026
    Days on Mkt:
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    Listed by eXp Realty
    Data was last updated October 24, 2026 at 08:05 PM (UTC)
    Area Statistics
    Listings on market:
    49
    Avg list price:
    $325,000
    Min list price:
    $179,000
    Max list price:
    $1,890,000
    Avg days on market:
    58
    Min days on market:
    3
    Max days on market:
    277
    Avg price per sq.ft.:
    $486.55
    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
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    Buying or Selling East Village Real Estate?

    Ask the Calgaryism Real Estate Team for expert advice on East Village condominiums anytime! We can help you compare FIRST with neighbours like Evolution and N3and Verve, and look forward to discussing your real estate goals!

    Community Features


    FIRST Condominium Search

    All active FIRST listings from the Calgary MLS® system are displayed above and refreshed several times a day; browse the latest properties for sale and see the latest information!

    Every listing includes the asking price, bedrooms and bathrooms, suite size, year built, days on market and the description entered by the agent or listing brokerage. FIRST has suites in both a four-storey podium and the tower above it, so compare floor level, view and whether the unit is a live/work suite.

    Compare condo fees, parking and storage for each suite, and review the condominium corporation’s budget, reserve fund plan and bylaws before you write an offer.

    About FIRST Condos in East Village

    • Developer: FRAM+Slokker
    • Community: East Village, Downtown Calgary
    • Address: 550 Riverfront Avenue SE (corner of 5 Street and Riverfront Avenue SE)
    • Construction & Height: 18-storey concrete tower on a four-storey podium
    • Total Units: 196 units
    • Year Built: 2015
    • Floor Plans: Studio, 1- and 2-bedroom suites, live/work units and penthouses
    • Suite Sizes: Studios from about 400 to 500 s.f.; 1-bedroom from the low 500s to mid 700s s.f.; 2-bedroom from the mid 800s to high 900s s.f.; penthouses from the high 1,100s to high 1,500s s.f.
    • Interior Features: Quartz countertops, laminate wood-grain flooring, Energy Star stainless steel appliances and three colour palettes (Jazz, Rock and Blues)
    • Amenities: Rooftop patio, entertainment lounge, boardrooms, outdoor barbecue area, landscaped courtyard and third-floor terrace
    • Parking & Storage: Titled, heated, secure underground parking, plus bicycle lockers and a wash station

    Interior Design & Finishings

    Bedrooms

    • Wood-grain laminate flooring continues from the living room and hallway into the bedrooms
    • Full-size mirrored sliding closet doors give you a head-to-toe view
    • A modern sliding birch veneer door adds to the overall design

    Bathrooms

    • Clean-cut, contemporary bathrooms with lots of storage
    • A glass-walled shower with a rain shower head and a custom vanity with drawers and a bottom shelf
    • Water-saving toilets as standard

    Kitchens

    • Three different kitchen concepts to choose from
    • Modern cabinetry with a textured, glossy finish that is not limited to one colour template
    • A custom-built island that seats four, with bonus storage, and can be moved aside for more space when entertaining
    • Energy Star stainless steel appliances as standard

    Living Areas

    • Three colour templates: Jazz, Rock or Blues
    • Each palette uses natural textures and colours inspired by FIRST’s riverside location
    • Oversized windows with special glazing let natural light in, trap heat and reduce outside noise

    FIRST Location & Community

    Morning runs start almost at the lobby door at FIRST, just a few steps from the RiverWalk. From there, residents are minutes from St. Patrick’s Island, Eau Claire, Prince’s Island Park, Chinatown, and other destinations along the Bow River. The downtown core is a short walk west, and City Hall CTrain Station is nearby.

    East Village gives FIRST owners immediate access to streetside amenities, from Connie & John’s rooftop at the Simmons Building to the Tim Hortons at the base of N3 and the Real Canadian Superstore at the base of Arris. Notable nearby amenities within walking distance include:

    • Real Canadian Superstore
    • TD Canada Trust and Scotiabank
    • Shoppers Drug Mart
    • Alt Hotel
    • Studio Bell
    • Parlour Ice Cream
    • Fortuna’s Row
    • Olympia Liquor

    Your FIRST Condo Agents in Calgary

    Browsing FIRST condos for sale in Calgary, or thinking about selling your current unit in this building? Our Realtors® know the East Village condo market intimately, have helped people buy and sell hundreds of condominiums, and can provide experienced insight before you write an offer.

    Contact the Calgaryism Real Estate Team at 403-519-0495 to ask a question or book a private showing. Get a free property valuation for your FIRST condo in Calgary today.

    Ask A Realtor®

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