Sovereign Condos by Avi

  • Starting at $344,900
Calgary, Canada
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Sovereign Condos by Avi

Calgary, Canada
  • Starting at $344,900

Description

Top Investment Opportunity For Short and Long Term Rentals*

Limited Time Incentives:

  • 2 YEAR RENTAL GUARANTEE* (UP TO $3,566/MONTH)
  • 2 YEAR PROPERTY MANAGEMENT
  • FURNITURE PACKAGE INCLUDED (FULLY FURNISHED)
  • ONLY 10% TOTAL DEPOSIT: $5,000 ON SIGNING, BALANCE TO 5% IN 10 DAYS, AND 5% IN 90 DAYS
  • FREE ASSIGNMENT
  • AIR BNB FRIENDLY (SHORT TERM RENTAL PRIME REAL ESTATE)

Investor Highlights

1. Rentability. This new build is located in one of the top locations in all of Calgary. 10 minute walk from the NHL rink (plus a brand new rink is coming), an event centre, hip and local eats and shops, the top fitness facility in the city, local parks, right near the Elbow river, and much more.

During the summer months (stampede time), a comparable property to this can cashflow well over $4,000 over the two weeks of Stampede alone.

2. Walkability & Nature. This location is surrounded by beautiful parks and the Elbow river. So while it is in the heart of the action, it sits on the outskirts of downtown just enough to still enjoy nature at your doorstep.

3. Future Growth of the Area. There is over $1 Billion of infrastructure and investment coming… all within a 10 minute walk. Just far enough so the noise and construction will not be an issue, but close enough to enjoy any night of the week.

4. The Buyer Incentives. There are some incredible incentives for early buyers! If you are a savvy investor, or have been waiting for the market to adjust, it is time you stop waiting, and take advantage of the early incentives while you still can!

5. The Quality of the Project and Builder. In any home purchase, especially preconstruction, trusting the developer is crucial. Avi has an incredible track record, top of the line product, and impeccable quality in their projects.

Mission Livability Score


If you are looking for an affordable new build, with the highest chance of rentability, in a safe and up and coming neighborhood, where everything is walkable and primed for growth, Sovereign by Avi is all that and more.

But before we dive into what makes this such a great investment opportunity, let’s start with one of the most obvious reason why investors flock to preconstruction, the buyer incentives.

LOCATION IS EVERYTHING

Sovereign is located in one of the most desirable locations in all of Calgary.

If looking for a place with high rentability, you will have a hard time finding something that beats Sovereign.

Sovereign is a short 6 minute walk away from the current Stampede grounds, which contains the Calgary Flames rink (The Saddledome), as well as the current event center.

However, one of the most exciting parts about this location is what is currently under development.

Within a 10 Minute walk from Sovereign – Over $1 Billion in Investments Coming to Calgary

The infrastructure will include an entire Culture and Entertainment District that is currently under construction and is only two blocks away from Sovereign!
Learn more about what is coming here: Entertainment District

“2024 will be a huge year for project completions and groundbreakings, and for continued progress and development for downtown Calgary’s east end. Our team is poised and ready to advance more than $1 billion in major city-shaping vertical and infrastructure builds this year, and to steward further development and placemaking in East Village.”

On the other side of Sovereign is located one of the top fitness facilities in all of Calgary, the MNP Centre!

5th floor from sovereign

The MNP Centre consists of the following:

Swimming

  • Competition Pool
  • Training Pool
  • Teach Pool
  • Dive Towers & Tank
  • 20 person Hot Tub
  • Steam Room
  • 6 person Cold Tub
  • 5 Gyms
  • 25,000 sq. ft. Fitness Centre
  • 3433 Sport Performance Training Centre
  • TechnoSPIN Studio
  • R.E.P.S Kickboxing Studio
  • Strength & Balance Yoga Studio
  • High Performance Training Studio
  • Personal Training Centre
  • 2 Tracks
  • 2 Multi Sport Studios

And more!

A Hub of Connectivity and Convenience

Living in Sovereign Condos means enjoying seamless access to Calgary’s myriad attractions. This highly walkable locale opens doors to a plethora of dining, shopping, and entertainment options, all within an easy stroll. The growing tech industry and major employment centers also find their home here, adding to the allure of downtown Calgary. Iconic events like the Calgary Stampede and key sports venues are part of the local tapestry.

Effortless Transit, Effortless Living

Your commute from Sovereign Condos is a breeze. With key transit stations and bus routes within walking distance, and major thoroughfares like Crowchild Trail, Macleod Trail, and Highway 2 easily accessible, navigating the city becomes a seamless experience. Whether you’re headed to the commercial downtown core or beyond, efficient travel is a given.

Nature Meets Urban in Calgary’s Heart

Choosing Sovereign Condos doesn’t mean forgoing nature’s touch. Calgary presents a scenic living experience with the majestic Rocky Mountains as a backdrop and the serene Elbow River and Roxboro Park just moments away. Enjoy the best of both worlds – urban excitement and natural tranquility.

A Trust-worthy, reputable builder: Homes By Avi

With Homes By Avi at the helm, a company revered for its commitment to quality and innovation in Calgary’s home-building industry, Sovereign Condos is more than a residence – it’s a statement of luxurious living, designed for today’s families and tomorrow’s visionaries. Rediscover urban living, redefined, at Sovereign Condos in Calgary.


Investor Analysis

Being on the verge of downtown makes this location perfect for people who want to commute to work, but do not want to deal with parking or transit. This is an easy place to scooter from for any of your downtown needs.

Also, the proximity to all the downtown events and 17th Ave gives it a nearly perfect rentability score.

There is everything that one could need within walking distance, from schools, to dining, workout facilities, and the downtown core.

  • Only 10% Total Deposit
  • (25% off any Upgrades or Free Colour Selections Upgrade)
  • 2-Year Rental Guarantee
  • 2-Year Property Management
  • Free Assignment (Valued at $10,000)
  • Furniture Package Included for Featured Suites

*Condo fees are approximately $0.58 per sq. ft. and include, building insurance, water, heat, waste removal
and condo management fees. Price does not include parking, which is an optional upgrade starting at $40k.

Eden unit fees are an estimated $434/month.

EVERYTHING.

Top restaurants in the city such as:

  • Pigeonhole
  • Model Milk
  • Element Cafe
  • Livingroom
  • Cleaver
  • Una Pizza+ Wine
  • Porch
  • Countless others!

Nearby Schools

  • Minutes from Western High School
  • Earl Grey School k-6
  • Mount Royal School 7-9

Events and Activities

  • Stampede grounds
  • Scotiabank Saddledome
  • New Cultural and Entertainment District
  • MNP Centre
  • Masters Gallery
  • Stride Gallery
  • Many others
  • Address 201 17 Ave SW
  • City Calgary
  • State/county Alberta
  • Zip/Postal Code T2S 0A4
  • Area Mission
  • Country Canada

Details

Updated on March 14, 2024 at 8:59 pm
  • Price: Starting at $344,900
  • Property Size: 461
  • Bedroom: 1
  • Bathroom: 1
  • Property Type: Condo

Additional details

  • Number of Storeys: 13
  • Total Number of Suites: 155
  • Floor Plans: 15
  • Suite Size Range: 461 - 1450
  • Est. Occupancy: Q2 2027
  • Deposit Structure: $5,000 Bank Draft on Signing. Balance to 5% in 10 Days. 5% in 180 Days

Floor Plans

image

Description:
STUDIO 20'-9" X 14'-9"/ 12'-6" *Price is subject to change based on availability and timing

image

Description:
LOUNGE: 13'-3" X 16'-5" BEDROOM: 8'-6" X 8'-6" *Price is subject to change based on availability and timing

image

Description:
LIVING ROOM: 9'-8" X 11'-1" DINING AREA: 13'-5" X 11'-6" BEDROOM: 11'-0" X 9'-0" BALCONY: 70 SQ FT *Price is subject to change based on availability and timing

image

Description:
LIVING ROOM: 10'-10" X 10'-11" DINING ROOM: 10'-10" X 13'-5" BEDROOM #1: 9'-1" X 11'-0" BEDROOM #2: 8'-6" X 9'-6" BALCONY: 126 SQ FT *Price is subject to change based on availability and timing

image

Description:
LIVING ROOM: 10'-0" X 11'-1" DINING ROOM: 10'-3"/ 12'-1" X 13'-5" BEDROOM #1: 8'-0"/9'-1" X 10'-6" BEDROOM #2: 8'-6" X 9'-6" BALCONY: 109 SQ FT *Price is subject to change based on availability and timing

image

Description:
LIVING ROOM: 12'-3" X 11'-0" DINING ROOM: 11'-7" X 13'-5" BEDROOM #1: 11'-1" X 9'-3" BEDROOM #2: 9'-0" X 11'-2" BALCONY: 98 SQ FT *Price is subject to change based on availability and timing

image

Description:
LIVING ROOM: 12'-2" X 11'-0" DINING AREA: 11'-10" X 13'-5" OFFICE: 4'-7" X 5'-1" BEDROOM #1: 9'-0" X 12'-0" BEDROOM #2: 12'-2" X 10'-0" BALCONY: 91 SQ FT *Price is subject to change based on availability and timing

image

Description:
LIVING ROOM: 12'-3" X 11'-0" DINING AREA: 11'-10" X 13'-5" OFFICE: 4'-7" X 5'-1" BEDROOM #1: 12'-3" X 10'-10" BEDROOM #2: 9'-0" X 12'-0" BALCONY: 91 SQ FT Walkthrough Tour: https://www.homesbyavi.com/condos/abby-sovereign/ *Price is subject to change based on availability + timing

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What's Nearby?

Education
Kido Care (0.33 km)
Average 2 reviews
Decidedly Jazz Danceworks (0.44 km)
Good 5 reviews
OHC Calgary (0.47 km)
Exceptional 2 reviews
Food
Pigeonhole (0.15 km)
Good 109 reviews
Zaafran Lounge & Grill (0.16 km)
Good 1 reviews
Model Milk (0.16 km)
Good 263 reviews
Health & Medical
Goliaths Saunatel (0.16 km)
Fair 2 reviews
Renovations the Spa For Men (0.16 km)
Good 8 reviews
Shag Salon (0.2 km)
Good 21 reviews

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