RIVERSREAL ESTATE
    ASSIGNMENT SALES — CALGARY

    Pre-construction contracts,
    bought and sold properly.

    An assignment sale moves a pre-construction condo contract from its original buyer to a new one before the building completes — a legal, developer-consented transfer that trades quietly, off the MLS's main stage. Spencer Rivers handles both sides in Calgary: buyers stepping into sold-out floor plans at the Lincoln in the Beltline or Sovereign in Mission, and contract holders whose plans changed before the building finished.

    CURRENTLY AVAILABLE

    Assignments available now.

    Two contracts, two of the inner city's strongest addresses. Assignment pricing and full contract terms are provided on inquiry, subject to developer consent.

    Rendering of The Lincoln by Truman — 36-storey tower at 301 11 Avenue SW in Calgary's Beltline
    TRUMAN

    The Lincoln

    Beltline · 301 11 Avenue SW
    Pricing on inquiry

    11th-floor 'Greta' plan in Truman's 36-storey Beltline tower.

    FLOOR PLAN
    “Greta”
    FLOOR
    11th
    EST. OCCUPANCY
    2027 – 2029
    EST. CONDO FEE
    $276/mo
    • 36 months of condo fees credited at closing under the original contract terms
    • Concrete construction with air-conditioned suites and approx. 9-ft ceilings
    • Fisher & Paykel appliance package with gas range and quartz counters
    • 21,000+ sq.ft. of amenities on two floors — indoor pool, fitness centre, spin and dance studios
    • Front-desk concierge with complimentary house-car service
    • Walk Score 98 — 11th Avenue and 2nd Street SW, steps to 17th Avenue
    ABOUT THE LINCOLN BUILDINGEXPLORE THE BELTLINE
    Rendering of Sovereign by Homes by Avi Urban — 12-storey building at 210 18 Avenue SW in Calgary's Mission district
    HOMES BY AVI URBAN

    Sovereign

    Mission · 210 18 Avenue SW
    Pricing on inquiry

    Two-bedroom Plan D on 18th Avenue at the edge of Mission.

    PLAN
    D — 2 Bed | 2 Bath
    SIZE
    973 sq.ft. builder area
    EST. OCCUPANCY
    2026 – 2027
    EST. CONDO FEE
    $451/mo
    • Primary suite with walk-through closet and tiled-shower ensuite, plus a full second bath
    • 98 sq.ft. balcony with a gas line for the BBQ
    • Kitchen with quartz counters, soft-close cabinetry, and island
    • Dedicated laundry room with full-size front-load washer and dryer
    • Whirlpool appliance package including French-door refrigerator
    • 18th Avenue and 1st Street SW — Mission's restaurants and the river pathway minutes away
    EXPLORE MISSIONLUXURY CONDOS IN CALGARY

    Details are drawn from the original purchase contracts and builder specifications and are subject to change by the developer. Renderings courtesy of Truman and Homes by Avi. Occupancy windows and condo fees are developer estimates. Every assignment completes subject to the developer's written consent and the terms of the underlying contract.

    HOW IT WORKS

    One contract changes hands.
    Three things have to go right.

    The unit doesn't close twice — the new buyer steps into the original contract and completes with the developer when the building is ready. What changes hands is the contract itself, and that transfer has to be priced, papered, and consented to correctly.

    1

    Price the contract, not just the unit

    An assignment's value is the unit's current market value measured against the original contract price, deposits paid, remaining deposit schedule, and any credits that transfer — like condo-fee credits at closing. Spencer runs that math against what the developer is selling today and recent comparable sales, so both sides negotiate from evidence.

    2

    Developer consent and clean paper

    The developer's written consent, the assignment agreement, the deposit reimbursement, and the original contract's terms all have to line up — with lawyers on both sides who have done this before. Spencer coordinates the developer's sales team, both law firms, and the paperwork through to a consented, enforceable assignment.

    3

    Complete with the developer at occupancy

    After the assignment, the new buyer finishes exactly as the original buyer would have: financing at final closing, walkthrough, possession, and warranty coverage under Alberta's New Home Buyer Protection Act. Spencer stays on the file through possession day, not just signing day.

    FOR BUYERS

    Into a sold-out building, on yesterday's contract.

    Plans you can't buy anymore

    The best floor plans and floor levels in a tower sell first — often years before completion. An assignment is frequently the only way into a specific plan, view, or price point the developer sold out long ago.

    A shorter runway to keys

    Buying an assignment mid-construction means most of the waiting is already done. Occupancy windows at the Lincoln and Sovereign are measured in months-to-a-couple-of-years, not the four-plus years a new pre-construction purchase can run.

    Priced against today's evidence

    Spencer values every assignment against the developer's current pricing and recent resale comparables before you offer — so you know exactly what the contract is worth now, not what it was worth at launch.

    FOR CONTRACT HOLDERS

    Plans changed? Exit the contract, keep the equity.

    An exit before closing

    A move, a marriage, a market shift — if the unit no longer fits your life, an assignment lets you transfer the contract before completion instead of closing on a home you don't need and selling it after.

    Deposits recovered, consent secured

    Done properly, the buyer reimburses your deposits and the developer consents in writing. Done casually, an off-side assignment can put your deposits and the contract itself at risk. Spencer runs the process by the book.

    Marketed discreetly, negotiated hard

    Assignments trade through networks, pre-construction investors, and buyers already hunting these buildings. Spencer markets the contract to the right audience, with the net-proceeds math — developer fees, commission, tax questions flagged — on paper before it's listed.

    Certified Condo Specialist

    Spencer reads the disclosure documents, proposed budgets, and contract terms behind every assignment — the building's paperwork gets the same scrutiny as the deal itself.

    Contract-level diligence

    Deposit schedules, occupancy ranges, credits, assignment clauses, developer fees — every material term is pulled from the original contract and put in front of you before you sign anything.

    Certified Negotiation Expert

    Assignment pricing has more moving parts than a resale — deposits, credits, GST treatment, and the developer's current pricing all factor in. Spencer negotiates from that full picture.

    ASSIGNMENT FAQ

    Assignment sales, answered

    An assignment sale transfers a pre-construction purchase contract from the original buyer (the assignor) to a new buyer (the assignee) before the building completes and title transfers. The new buyer steps into the original contract with the developer, takes over the deposits already paid, and completes the purchase with the developer on the original terms when the unit is ready.

    REQUEST DETAILS

    Pricing, floor plans, and contract terms — on request.

    Assignment details are shared directly rather than published. Tell Spencer which opportunity interests you — or that you have a contract to sell — and he'll reply personally within the day.

    +1 (403) 966-9237spencer@riversrealestate.ca

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