Project Details

Introducing The Theodore, a brand new 10-Storey Condominium coming soon to Calgary’s highly desirable Kensington neighbourhood at 10th Street & Gladstone Rd. Located just 5 minutes outside of the downtown core, The Theodore is an incredible opportunity to invest in a city that is witnessing incredible growth, even beating both Vancouver and Toronto! Future residents at The Theodore will find over 200 restaurants, cafes, and retailers all within walking distance as well as being moments from the Sunnyside CTrain Station, Top Universities, Downtown Calgary and so much more.

Pricing Starting From $539,900!


Reasons to Buy*


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.


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.


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!


Located in Calgary’s highly desirable Kensington neighbourhood where you will have over 200 restaurants, cafes, and urban essentials all within walking distance! Downtown Calgary is accessible in just a quick 4 minute commute while the  the Sunnyside CTrain Station is just steps from your front door. Other nearby amenities include: the Southern Alberta Technical Institute (SAIT), the University of Calgary, Riley Park and more!


Graywood Developments is a highly reputable developer who possesses over three decades of experience (since 1985). Graywood has developed over 31,100 housing units in several asset classes including residential lots, low-rise housing, mid- and high-rise condominiums, hotels and retirement residences, with a combined value of over $8.3 billion. Graywood currently has over 6,000 units (5.2 million sq. ft.) under development with a value of over $4.3 billion.

Quick Facts*

Developer: Graywood
Address: 10th Street & Gladstone Rd, Calgary
Pricing: Starting From The $500s
Occupancy: Immediate
Storeys / Suites: 10 Storeys / 114 Units
Suite Types: Two Bedroom + Den – Three Bedroom Suites
Suite Sizes: 1,172 sq ft – 1,456 sq ft
Maintenance Fees: $0.46/sq ft (Including AC, heat, water, natural gas, amenities & common building expenses)
Parking: Typical Suites: $40,000 // Penthouse Suites: 2 Parking Stalls Included
Locker: Typical Suites: $10,000 // Penthouse Suites: Included
Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 10 Days // 5% Bond Due In 180 Days
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($2,000), Free Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, 2 Year Lease Program (Typical Suites), $30,000 Cash Back and Luxury Finishing Package (Penthouse Suites)
Suite Features: 9ft Ceilings in Main Living Areas, Vinyl Plank Flooring, Floor-to-Ceiling Windows, Window Coverings Included, Quartz Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Inviting Modern Lobby with Lounge Area, Rooftop Terrace including outdoor Dining Areas & Fireplace, Underground and Exterior Bike Storage and Repair Room, Underground Parking and Storage Lockers, Integrated Street-Level Retail in the heart of Kensington

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