About 25 years ago, an office building was converted into The Lofts on 17th.Re/Max Professionals Inc.
610 17 Ave., S.W., No. 502, Calgary
Asking price: $349,900 (July, 2025)
Selling price: $345,000 (August, 2025)
Previous selling price: $349,900 (January, 2025)
Taxes: $1,820 (2025)
Days on the market: 19
Listing agent: Christina Hagerty, Re/Max Realty Professionals
This loft was the only vacancy in the 46-year-old building, situated less than two kilometres west of Scotiabank Saddledome.Re/Max Professionals Inc.
THE ACTION
Agent Christina Hagerty was reluctant to list this studio loft during a slow season when condominiums took an average of six weeks to sell across Calgary. Waiting for supply levels to drop was not an option for her client, who received a job transfer shortly after they moved in earlier this year. Their best course of action was to post the loft for $349,900 – the same amount they paid – and try to recoup as much as they could.
“We knew that reselling a condo within the same year could be a challenge, but when it’s a rare find, the market sets the value,” said Ms. Hagerty.
North Vancouver investors decide to sell a never-lived-in condo
“We were thrilled to sell within $5,000 of our asking price in just 2½ weeks.”
The seller was fortunate that their loft was the only vacancy in the 46-year-old building, situated less than two kilometres west of Scotiabank Saddledome.
“It was a perfect match for somebody,” Ms. Hagerty said. “There was nothing else out there.”
The condo is on Calgary's Red Mile, a popular area for restaurants and nightlife.Re/Max Professionals Inc.
WHAT THEY GOT
About 25 years ago, an office building was converted into The Lofts on 17th. This 832-square-foot unit has 12-foot ceilings, polished concrete, exposed wood beams and brick walls.
The principal room is open concept with windows at one end and a kitchen at the other with concrete countertops, an island and stainless steel appliances.
The four-piece bathroom also has laundry facilities.
Parking and a storage locker are included. Monthly fees of $902 cover utilities and use of a private courtyard.
The kitchen has concrete countertops, an island and stainless steel appliances.Re/Max Professionals Inc.
THE AGENT’S TAKE
“It’s got an industrial look with all the raw metal,” said Ms. Hagerty.
“It’s right on 17th Avenue – the Red Mile – where all the activity, eateries and bars are.”