Downtown Calgary Real Estate Market
Downtown Calgary real estate statistics as of February 21, 2018 - The number of active homes for sale in Downtown Calgary is 27 listings out of which 27 units are condominiums and 0 units are townhouses/attached homes. The average asking price of homes in Downtown Calgary is $549,518 or $520 per square foot based on an average size home with 965 square feet of living space (measured above grade). Active listings in Downtown Calgary have been on the market for an average of 91 days while the average number of days that homes have been listed on the MLS® in all of Calgary is 60 days.
Downtown Calgary Condos in City Centre Calgary
Located in the heart of the city, Downtown Calgary is a hub of entertainment, retail shopping, and recreational activities. It's made up of three separate communities, including West End, East Village, and the Commercial Core. This region is bordered by 14 Street W to the west, Eau Claire to the north, Elbow River to the east, and 9 Ave SW to the south. Although the population of downtown is relatively low when compared to other cities, it's still thriving with the many amenities that it has to offer.
The 3 communities that comprise Downtown Calgary include West End, the Commercial Core and the East Village, with the neighbourhoods of Eau Claire, Chinatown and the Beltline considered part of downtown. Compared to most cities of its size, Calgary's downtown has a small population - 10,000 in 2003.
Condos & Real Estate in Downtown Calgary
Real estate in Downtown Calgary is made up of condos ranging from highrise luxury to mid-size and everything in between. The prices vary depending on the building and area, although most prices tend to start at $300,000 because of how desirable this area is. Fortunately, with all of the options of places to call home, those who desire to live here are not short on choices. They can find maintenance-free apartments and brand new buildings that are comfortable, modern, and equipped with all the amenities that they could want.
Condos in Downtown Calgary are designed to offer incredible convenience for residents who don't want to drive all of the time. The LRT is not only in close proximity but it's also very affordable. Those who live here can use it to travel to nearby communities or other parts of the downtown area with ease. With the revitalization of surrounding areas and introduction of new businesses throughout the year, this is sure to remain a popular place to live for those who want to be close to the action and excitement of the city.
Downtown Calgary condos vary from luxury highrises, lofts, to mid-size condos starting in the low $300's and going up from there. Depending on the neighbourhood, they have a slightly different look and feel, but all have the same convenient location; just steps from the action.
Another excellent aspect of Downtown Calgary is that you will never run low on housing options. Whether you are looking for a chic loft, a trendy townhouse, or a new maintenance-free apartment, Downtown has what you are looking for. It is also worth noting that Downtown Calgary is known for well maintained real estate despite being a major metropolitan area.
Downtown Calgary Amenities and Highlights
When looking into the skyline of Downtown Calgary, it's easy to see that the core is made up of skyscrapers. In fact, this is home to some of the tallest buildings in the country. These buildings and the areas surrounding them make up the downtown commercial core and the three districts that are settled within them. The go-to place for retail shopping in the area around 8 Avenue SW, which is also known as Stephen Avenue Walk. This is a walkable mall with cinemas, bars, restaurants, and a wide variety of stores. Right next to this is The Core Shopping Centre and the Scotia Centre for even more shopping.
Stephen Avenue is also home to the entertainment district. Here residents can find the Globe Cinema, Devonian Gardens, hotels, and the unique statues. The government district is located along Macleod Trail and near Chinatown (in East Village). Here residents can find a public library, the police headquarters, and various other government buildings. In the cultural district, which is located along 237 8 Ave SE, residents will find a lot of entertainment options. The EPCOR Centre for the Performing Arts, the Glenbow Museum, and Jack Singer Concert Hall are just the names of a few.
There are many public and private schools that serve the Downtown Calgary area, including Connaught School, Mount Royal School, and Western Canada High School. There are also colleges in close proximity that can be reached via public transit or a vehicle. Health care is accessible at the Sheldon M. Chumir Health Centre or Rockyview General Hospital to the south.
Downtown Calgary Outdoor Activities
Recreation is not lost in the sea of tall skyscrapers that make up Downtown Calgary. There are many local parks and even gardens that residents can visit to feel like they're in the middle of mother nature. Eau Claire Park and Sien Lok Park are also located at the northern border of the community, both providing stunning views of the Bow River and beautiful landscaping. For even more outdoor space, Prince's Island Park is right next to Eau Claire Park and a great place for trails, picnicking, and major events.
Golf enthusiasts can find several options close to the downtown area, including the Shaganappi Golf Course on 26 St SW. Richmond Green Golf Course is also nearby for those willing to travel a little bit further. Those interested in skating will find enjoyment at the outdoor Olympic Plaza Skating Rink, which is located on 8 Ave SE. While only designated as a skating rink during the winter, this does turn into a splash pad during the summer for relief from high temperatures.
If you'd like to learn more about available condos in Downtown Calgary, please don't hesitate to contact us, Joe Samson & Associates at CIR REALTY, 403-681-9651.