Jerry Charlton Real Estate
Jerry Charlton, REALTOR®eXp Realty · Buyers only
Call 403 831 0842

1401, 837 2 Avenue SW, Calgary, AB T2P 0E6

$2,400,000
Bank Owned
Apartment-Single Level Unit Apartment in Eau Claire · MLS® A2309463
Size4,862 sq ftAbove grade
Beds4
Baths4 full
ParkingStall, Underground
Year built1999
Days on market162
Listed by LPT Realty, who represents the seller, not buyers.

Monthly cost to own

Mortgage payment$10,938/mo$1,920,000 loan · 4.79% 5-yr fixed · 25 yr
Tax + condo fee$8,961/mo$1,478 tax + $7,483 condo fee
Total monthly$19,899/mo$480,000 down (20%) · excludes insurance, utilities

Investor snapshot

Price / sq ft$494
vs. 2025 city assessment16% below ($2,870,000)
OccupancyVacant

Buying a bank owned in Alberta

  • Can I put conditions on my offer? Yes. Banks usually accept financing, inspection and condo document conditions.
  • Will they counter or negotiate? Yes. The bank is on title, so it can counter-offer like a regular seller.
  • How long until I know? Usually a few days, rarely more than a week.

I represent buyers only and negotiate these regularly. Call me before you write an offer.

About this property

Commanding a rarefied position high above the city, this extraordinary sub-penthouse is a statement of prestige, scale, and uncompromising luxury—crafted for a truly discerning buyer. Spanning over 4,800 sq ft of meticulously designed living space, this residence offers an elevated lifestyle defined by privacy, sophistication, and breathtaking panoramic views. A private elevator opens directly into the suite, setting the tone for an exclusive, estate-like experience in the sky. The grand living and entertaining areas are nothing short of spectacular, featuring expansive principal rooms, a formal dining area, and a separate family lounge—each surrounded by floor-to-ceiling windows that flood the home with natural light and showcase uninterrupted vistas. Designed for both intimate gatherings and large-scale entertaining, the layout flows seamlessly throughout. A chef-calibre kitchen anchors the home with generous workspace, premium finishes, and effortless connection to the main living areas. The primary retreat is a private sanctuary, complete with a spa-inspired ensuite and an exceptional walk-in dressing room. Additional bedrooms are generously proportioned, offering comfort and privacy for family or guests, each complemented by well-appointed bathrooms. An extraordinary highlight of this residence is the nearly 1,200 sq ft of outdoor living space—expansive terraces offering unobstructed 180-degree views of the mountains, Bow River, and downtown skyline. This seamless indoor-outdoor experience creates a truly remarkable setting for entertaining or quiet moments above the city. With direct elevator access into the residence, expansive interiors, and 24/7 concierge service, this is a rare offering that embodies the pinnacle of downtown luxury living—tailored for those who expect nothing less than the exceptional.

Location