First Condos for Sale in East Village, Calgary
Welcome to First
One of East Village’s most sought-after addresses. Located at 550 Riverfront Avenue SE, this building offers luxury high-rise living in the heart of the city’s most vibrant cultural hub. Whether you are looking for a walkable lifestyle or a smart investment property, FIRST delivers with easy access to the historic Simmons Building and the beautiful Bow River pathways.
First Quick Facts
- Year Built: 2015
- Developer: FRAM Building Group & Slokker Real Estate Group
- Floors / Units: 18 Stories / 196 Units
- Building Type: High-Rise
- Pet Policy: Pets Allowed with Board Approval
- Zoning: DC (Direct Control – Residential / Mixed Use)
First Amenities & Features
Residents at FIRST enjoy access to a range of premium amenities, designed to make city living effortless:
- 18th-Floor “Sky Club” Lounge (Featuring a wrap-around BBQ terrace, pool table, and kitchen)
- Creative Hangout Room (A unique hobby/workshop space on the 2nd floor for residents)
- Fitness Centre & Yoga Studio (Fully equipped with modern cardio and weight machines)
- Wi-Fi Café & Courtyard (A resident lobby lounge featuring an espresso station and garden area)
Why Live in East Village?
Living in East Village means you are steps away from the best Calgary has to offer. From the artisan coffee at Phil & Sebastian to the expansive green space of St. Patrick’s Island, this community is perfect for professionals and urban explorers.
- Transit: Near City Hall C-Train Station (Free Fare Zone)
- Walk Score: 94 (Walker’s Paradise)
Live Listings for FIRST
Browse all current condos for sale in FIRST below. These listings are updated every 15 minutes to ensure you see the newest properties first.
Common FAQs
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What is included in the monthly condo fees at FIRST?
Condo fees at FIRST are designed to provide a comprehensive, low-maintenance lifestyle. They typically cover heat, gas, and water, as well as sewer, trash, and professional building management. Additionally, the fees include 24-hour concierge and security services, common area maintenance, snow removal, and contributions to the building’s reserve fund. This means owners generally only need to pay for their own electricity and internet/cable.
Is there dedicated parking and storage for residents?
Yes. Most units at FIRST include at least one titled underground heated parking stall in the secure parkade. In addition to the parking, the majority of units are assigned a private storage locker (often titled or assigned) located in the basement levels. The building also features a secured bicycle storage room, which is a highly valued feature for East Village residents who enjoy the nearby RiverWalk pathways.
Are there any restrictions on the “Sky Club” or other amenities?
The 18th-floor Sky Club and the 2nd-floor Creative Room are available to all residents. However, for private parties or larger gatherings, the Sky Club lounge and the on-site Guest Suite can be booked in advance through the concierge for a small fee or deposit. These spaces are incredibly popular during the Calgary Stampede and summer months, so residents are encouraged to book early if they plan to host guests for events like the fireworks.
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Condo Search FAQs
Ready to start your condo search? You can contact us here.
What are condo fees and what do they typically cover?
Condo fees (or maintenance fees) are monthly contributions from each owner that go towards the building’s shared expenses. In Edmonton, these typically cover professional management, reserve fund contributions, landscaping, snow removal, common area maintenance (like hallways and lobbies), and building insurance. In many buildings, they also include utilities like heat and water.
What is a reserve fund and why is it important?
A reserve fund is a mandatory savings account maintained by the condo corporation to pay for major repairs and replacements of the building’s common elements over time (e.g., roof replacement, window upgrades, boiler replacement). A healthy reserve fund is crucial because it helps prevent large, unexpected special assessments (a lump-sum bill for each owner) when major work is needed.
Is buying a condo in Edmonton a good investment?
Condos can be an excellent investment in Edmonton, offering a more affordable entry point into the real estate market and a low-maintenance lifestyle. They are particularly popular in desirable areas like Downtown, Oliver, and near the University. Like any property, its value depends on location, the quality of the building’s management, and overall market trends.
What should I look for in the condo documents?
When you make an offer on a condo, it’s critical to review the condo documents. The key items to examine are the Reserve Fund Study (to ensure it’s well-funded), the annual budget, the board meeting minutes (to check for upcoming issues), and the bylaws (to understand rules regarding pets, renovations, etc.). We help all our clients navigate these documents to ensure they’re making a sound purchase.
What are the main benefits of condo living?
The primary benefits of condo living are a low-maintenance lifestyle (no shoveling snow or cutting grass), access to shared amenities (like fitness centres, pools, or social rooms), enhanced security, and often a lower purchase price compared to a single-family home in the same neighbourhood. It’s an ideal choice for first-time buyers, downsizers, and busy professionals.
