Riverrun II —
Bare-Land Brownstone Townhomes on Erlton Street SW
Riverrun II is a bare-land condominium development of brownstone-style townhomes addressed at 2421–2441 Erlton Street SW in Erlton, one of Calgary's most coveted inner-city neighbourhoods. Registered as Condo Plan 0112632, Riverrun II is the second phase of the River Run development — Phase 1 was completed in 1999; Phase 2 (Riverrun II) followed in 2001.
Because Riverrun II is a bare-land condo, each townhome sits on its own individual lot and carries its own civic address. The condo corporation is responsible for common area maintenance — pathways, landscaping, and shared infrastructure — while each owner holds title to their individual parcel. This structure gives owners greater autonomy than a standard condominium while still keeping outdoor upkeep shared.
"Riverrun II delivers the space, privacy, and character of a detached inner-city home in a brownstone townhome format — steps from the Elbow River pathway, Mission, MNP Sport Centre, and the Erlton/Stampede LRT."
The twin-row layout runs along Erlton Street SW with units facing east toward the street and west toward a private cul-de-sac lane. Address examples from the development include 2421, 2423, 2425, 2433, 2437, and 2441 Erlton Street SW — each a distinct home with its own front door, driveway, and title.
What to Expect Inside a Riverrun II Home
These are substantial luxury townhomes, designed at a time when Erlton was beginning its evolution into a premium inner-city address. Expect three or more bedrooms, three to four bathrooms, and floor plans in the range of 2,400 to 2,500 sq ft of finished living space across multiple levels.
Living in Erlton
Erlton is a small, established inner-city neighbourhood bounded by Mission to the north, the Elbow River to the east, and the Calgary Stampede grounds to the northeast. It's one of the few places in the city where you're genuinely walking distance from an LRT station, a river pathway, an Olympic-grade sport facility, and a vibrant restaurant and coffee strip all at once.
Riverrun II Market Considerations
Riverrun II homes trade infrequently — bare-land brownstone townhomes of this size in this location are a rare product and owners tend to hold. When a unit comes to market, it typically draws attention from buyers who have been tracking Erlton for some time, which supports prices even in softer conditions.
As a bare-land condo, buyers should request: the condo plan documents, estoppel certificate, financial statements, minutes, and current reserve fund study. Because each unit holds its own title, the property tax is assessed individually rather than as a share of a larger building, which can affect financing and affordability calculations.
Sellers at Riverrun II benefit from the development's scarcity and inner-city positioning. Proper presentation matters — these homes photograph beautifully when staged to showcase ceiling height and the drive-under garage. Our team has sold inner-city bare-land product across Erlton and Mission and can provide a current, comparable-based valuation specific to your unit.