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Corrected: Calgary 41-storey multi-family tower sells for $83.4 million

Downtown mixed-use highrise has 343 rentals, 55 of them conversion from office space, and 6,000 square feet of main floor commercial
JLL Canada, Calgary, for Western Investor

Property type: Multi-family tower

Location: 825 8th Avenue SW, Calgary.

Number of units: 343

Size of site: 21,598 square feet

Land size in acres: 0.50 acres

Zoning: Commercial residential core

Date of sale: August 1, 2023

Sale price: $83.4 million

Brokerage: JLL Canada, Calgary

Broker: Samuel Dean