by qdhanwantc
2. February 2012 09:28
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.
Anne Clarke, director of sales for The River, said eight sales have been completed and three deals are pending.
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