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1011 12TH AVE. SW, UNIT 606, CALGARY

ASKING PRICE $374,900

SELLING PRICE $367,000

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DAYS ON MARKET 18

TAXES $1,510 (2014)

FEES $409

LISTING AGENT Joel Gwillim, CIR Realty

The Action: Agent Joel Gwillim says it only took six or seven showings over a few days and a public open house to sell this two-bedroom unit in an older building in the Beltline design district. He credits the quick – though under-asking – sale to a thorough, well-executed renovation and great location.

What They Got: This unit in The Davenport building, built in 1981, had been completely renovated with a new kitchen with two-tone quartz countertops, stainless steel appliances and a subway tile backsplash.

Pot lights set off high-gloss cabinetry. An office niche sits off the open-concept living and dining area.

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The two bedrooms are separated by a five-piece bathroom with two sinks in a quartz countertop, new tile floors and new fixtures. The suite also comes with ensuite laundry, storage room, south-facing balcony and a parking stall.

The building itself has recently installed new elevators and updated its lobby, gym, games room and sauna.

The Agent's Take: "Great location," Mr. Gwillim says. "And the unit was gutted and completely redesigned and upgraded. Buyer's like modern, move-in ready properties at still an affordable price tag.

"Sellers need to be more aggressive with their initial pricing," he says. "Inventory levels have gone up and there is now more competition. They will be forced to be more realistic with their selling goals."

Editor's note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale prices that are publicly available from government sources. While we try to publish Done Deals as soon as possible after the transaction has occurred, long closings can cause delays.

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