Calgary luxury condo unit pre-sells for record $8.3 million

 

The River development also has two sales over $5 million

By Mario Toneguzzi, Calgary Herald January 25, 2012

CALGARY — Calgary condo sales have reached new heights after a luxury unit fetched a record $8.3 million, before construction has begun.

The 5,260-square-foot condo will cover the entire 12th floor of the 15-storey development called The River, located along the Elbow River, which flows through the southern portion of the city.

Already, more than $30 million in real estate has been spoken for in the project, which includes 38 residences — 27 units in the tower and 11 town houses.
Read more: http://www.calgaryherald.com/homes/Calgary+luxury+condo+unit+sells+record+million/6048602/story.html#ixzz1kxmmQLMg

 

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