Project Details

Introducing Sovereign Condos, the newest development by Homes By Avi coming soon to Downtown Calgary! Located at 17 Ave SW & 1 St SW, residents at Sovereign will find themselves surrounded with a fantastic variety of boutiques, shops, restaurants and services all conveniently located within walking distance. Residents will also be minutes from Victoria Park / Stampede Station, multiple Calgary Transit bus stops, Macleod Trail, Crowchild Trail SW, CORE Shopping Centre and the best of the best that Calgary has to offer!

This is an incredible investment opportunity as Calgary is Canada’s 3rd Largest City and with the city’s population set to explode by 46% from now until 2046, there will be an increasingly high demand for housing in the area. The economy is booming, and the city is open for business with the Lowest Tax Rates in the country. Best of all, it is affordable!

Pricing Starting From The $300s!

REGISTER TO GET PRICING FOR Sovereign Condos

Reasons to Buy*

POPULATION
Calgary is set to experience some incredible growth! It is Canada’s 3rd Largest City by Population and has had the highest population growth over the past decade of major cities in Canada, beating both Vancouver and Toronto! Currently Calgary is home to over 1.3 Million People and the population in the province is expected to grow by an additional 46% by 2046 – this will lead to increased demand for real estate resulting in higher pricing and rental rates.


BUSINESS & REAL ESTATE

Alberta as a whole is seen as a very lucrative place for both business and real estate investment. It is home to the LOWEST Tax Rates in the country. There is NO HST as there is No Provincial Sales Tax. The government is committed in investing $10 BILLION as an infrastructure package. On the real estate side, there are NO Land Transfer Taxes, NO Development Charges, and NO Rent Control. The region is open for business and is attracting businesses from not only the rest of the nation but the entire world. What this means for real estate is simple – more business = more people = a higher demand for real estate.


ECONOMY

The economy is BOOMING and just getting started! Alberta is one of the world’s largest oil producers with 99% of all produced oil currently being sold to JUST the United States and at market low prices. THE FIX – is the Trans Mountain Pipeline which will move oil through the Rockies to the West Coast for ocean exports to markets across the world and at Higher Pricing! This will create over $70 Billion in revenue for producers and over $45 Billion in revenue for the provincial and federal governments while bringing thousands of jobs to the sector.

At the same time, the region is transforming into a global tech hub and for good reason. It has one of the highest ratio of Science, Tech, Engineering & Mathematics graduates in the country. This is paving the path for Tech Startups and Multi-National Corporations opening up in the region. Not to mention the growing number of “Tech Unicorns” (companies valued at over $1 Billion). Combine that with the significant tax savings it’s no wonder why the economy is on such an uprise.

More Jobs – Better Economy = More Housing Needs & Increasing Real Estate Needs!


LOCATION

Located in Calgary’s desirable downtown core at 17 Ave SW & 1 St SW, residents will find themselves walking distance from a fantastic assortment of boutiques, shops, restaurants and services that can be easily found along 17 Ave SW. Travelling throughout the city is made incredibly easy being just an 8 minute walk from Victoria Park / Stampede Station, steps from multiple Calgary Transit bus routes and minutes from Macleod Trail and Crowchild Trail SW. Nearby shopping includes the CORE Shopping Centre which features 160 retailers including TD Square and the Holt Renfrew building. The best that Calgary has to offer is also in close proximity such as the Calgary Stampede, BMO Centre, Calgary Tower, MNP Community & Sport Centre, the Elbow River and so much more.


REPUTABLE DEVELOPER

Developed by Homes By Avi who has been an innovator in the Calgary home building industry since 1978 and continually positions themselves in the most desirable communities, while introducing new home product lines that work for today’s families! They have multiple developments going on at the same time and are highly reputable and known in the region.

 

Quick Facts*

Developer: Homes By Avi
Address: 17 Ave SW & 1 St SW, Calgary AB
Pricing: Starting From The $300s
Occupancy: 2026
Storeys/Suites: 13 Storeys / 155 Suites
Suite Types: Studio – Two Bedroom Suites
Suite Sizes: 461 sq ft – 1,068 sq ft
Maintenance Fees: Approx. $0.58/sq ft (Includes: building insurance, water, heat, waste removal and condo management fees)
Deposit Structure: $5,000 on Signing // 5% in 90 Days
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Leasing & Property Management Services Available, Assignment, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Long Term Rentals: 2 Year Lease Guarantee with 2 Years Free Property Management // Short Term Rentals: Furniture Package & $10k Credit Available in lieu of Lease Guarantee // Primary Residence: $10k Credit in lieu of Lease Guarantee & $7,500 Credit in lieu of Furniture Package
Suite Finishes: Luxury Vinyl Plank (LVP) throughout, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Owner’s Lounge, Fitness Centre, Leasing Office, Underground Parking

MIB Incentives*

Developer Approved Platinum VIP Brokers
Absolute First Access to Pricing and Floorplans
The Very Best Incentives & Promotions
Extended Deposit Structure
Capped Development Levies
Right of Assignment
Free Lawyer Review of your Purchase Agreement
Free Mortgage Arrangements