Sovereign Condos
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Location, Location, Location
This is another fabulous Calgary location, especially for the young urban professional.
Located right on 17th Avenue, at the eastern end of Calgary’s famous Red Mile, Sovereign is a 10 minute walk to the best restaurants and nightlife Calgary has to offer. A similar walk to the nearest C-Train station and only a slightly longer walk to the downtown core, Stampede Park and the Saddledome.
Since Sovereign is in such a central location, there will be a huge rental pool of young professional types looking for an apartment that is close to all the “action.”
As well, just like in Toronto, as the real estate market in Calgary starts to boom in the next few years, downtown space will be at a premium.
More reasons I like Sovereign Condos:
- Comes with a 2 year rental guarantee
- Comes with 2 years property management
- Should be cash flow positive
- Builder, Homes by Avi, has a 40 year history of building in Calgary
- Closes in Q2 2026
- 10% total deposit until close
This project launches on March 11. I believe sales will be brisk in the first week but it will take some weeks to sell out the building. As always, the best suite selection, best prices and greatest incentives are available at launch so please act quickly if you are interested.