Ritzy downtown Calgary condo sees price drop of more than $1 million

A stunning downtown Calgary condo is on the market for much less than it was two years ago, so now might be your chance!

The waterfront penthouse at 1307 738 1st Avenue SW is listed for $6,899,900, up more than $1,000,000 from its January 2022 asking price of $7,900,000.

This is a significant amount, but this wonderful apartment has great benefits.

There is a spacious deck where you can enjoy stunning views across the city, including mountain panoramas and a spectacular view of the Bow River.

And you don't have to take in the views from afar. It is ideally located near the city's attractions and walking trails, such as the Peace Bridge and Prince's Island Park.

Despite its convenient location, you don't need to be a big walker or biker to enjoy the easy ride. There is designated parking and a private four-car garage. You can even go to the car wash!

If you're out of the apartment, the Concorde building has many amenities, including a water park in the summer and a slide in the winter, a full fitness center, a lounge, and a kitchen for residents to use.

As amazing as these benefits are, it can be hard to leave your apartment with its great features.

The home features floor-to-ceiling windows, automated blinds, oak flooring and wall treatments, new interior hardwood doors with hand-wrought iron details, and many other luxury fixtures.

The sleek Porsche-designed kitchen features marble countertops, a Miele appliance package with built-in espresso maker, six-burner gas range with griddle and carbon fiber cabinetry.

You'll love entertaining at this property, with a temperature-controlled glass-enclosed wine room off the kitchen, open-concept living and dining, large outdoor living area with BBQ kitchen and gas burners. for the fire table.

If you're looking to check out some gorgeous real estate around town, check out our list of the most expensive homes in Calgary right now.

With files from Elle McLean