This price is well below the current replacement cost! Selkirk House’s Per Square Foot Price is only $85.46, and it comes with freehold land of 0.4 acres (17,582 sf). This price is well below the current replacement cost of constructing a 23-Story concrete building with a leasable area of 219,985 square feet in downtown Calgary. The price, the location, the size, the convenience, and the connectivity, all make it a great property for conversions, namely, to convert this elegant office building to a residential tower or a hotel or university campus with an incentive grant provided by the City of Calgary potentially.