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CALGARY IS THE ECONOMIC HUB OF ALBERTA
Calgary, Alberta, is known for its dynamic real estate market, shaped by factors like its economy, population growth, and the city's overall attractiveness as a place to live and work. Here's an overview of the Calgary real estate landscape:
Economic Drivers
Calgary is the economic hub of Alberta, with a significant focus on energy, technology, and professional services industries. While oil and gas have historically dominated the city’s economy, the diversification into tech and other sectors has led to a more balanced market in recent years. This can make Calgary's real estate market more resilient to the boom-and-bust cycles of the energy sector.
Market Overview
Residential Real Estate: Calgary offers a wide range of residential properties, from single-family homes and townhouses to luxury estates and apartments. The city has a relatively affordable real estate market compared to other major Canadian cities like Vancouver and Toronto, making it attractive to first-time home buyers and those looking for larger properties at a better price.
Single-Family Homes: Detached homes are popular in Calgary and tend to be more affordable than in larger markets. They can range from smaller starter homes to sprawling luxury estates. Neighbourhoods like Edgemont, Tuscany, and Signal Hill are known for being family-friendly with great amenities.
Condo Apartments: Calgary's condo market has been active, especially in the downtown core. High-rise apartment buildings are prevalent in areas like Downtown, Beltline, and East Village, offering modern amenities and access to the city's business hubs.
Townhouses: For buyers seeking a balance between a single-family home and an apartment, townhouses have become a popular choice. These are found throughout the city, with neighbourhoods like Killarney and Mission being particularly sought-after.
Current Trends
Price Fluctuations: Home prices in Calgary have experienced fluctuations due to the city's reliance on the energy industry. However, in recent years, the market has been more stable. The 2020-2021 period saw some price growth, especially in suburban areas, as many people sought more space due to the COVID-19 pandemic. Prices have cooled somewhat, but Calgary remains more affordable compared to other major urban centres in Canada.
Demand in Suburban Areas: Many buyers are looking outside the city centre for more affordable options. Neighbourhoods like Airdrie, Cochrane, and Okotoks offer more affordable real estate while still providing easy access to downtown Calgary.
Luxury Market: The luxury real estate market in Calgary is thriving, especially in high-demand neighbourhoods like Elbow Park, Mount Royal, and Briar Hill, where multi million-dollar homes and estates are common. Buyers are often attracted to these neighbourhoods for their proximity to top-rated schools, parks, and exclusive amenities.
Interest Rates: The Bank of Canada’s interest rate decisions directly impact real estate demand. As of recent years, the trend has been towards decreasing interest rates slowly , which has an effect on affordability and market activity.
NEIGHBOURHOOD HIGHLIGHTS
Downtown: Calgary’s downtown is the business and entertainment hub, featuring high-rise condos and apartments. The area is lively with restaurants, shops, and cultural attractions.
Beltline: Just south of downtown, Beltline is a trendy, walk able neighbourhood with a mix of condos, townhouses, and a young professional demographic.
Bridgeland: Known for its proximity to downtown and its mix of historic homes and new builds, Bridgeland has become one of Calgary's most desirable neighbourhoods.
McKenzie Towne and Seton: Located in the southeast, these newer, suburban developments are popular among families due to their affordability, parks, and local amenities.
Future Outlook
Calgary’s real estate market is expected to continue its steady growth due to the city's ongoing population increase, economic diversification, and relatively affordable prices compared to other major cities in Canada. As the tech and energy sectors stabilise and more people flock to Calgary for its lifestyle and affordability, real estate remains an attractive investment option.
CALGARY CONCLUSION
Overall, Calgary’s real estate market offers something for almost every type of buyer, whether they’re looking for a starter home, a luxury property, or investment opportunities. The city’s economy is diversifying, and with its attractive price points, Calgary remains one of the more affordable major cities in Canada to live and invest in real estate.
GLOBAL & LOCAL REACH
Resaas Worldwide & Luxury Homes Affiliate
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908 5 Street NW in Calgary: Sunnyside Detached for sale : MLS®# A2212832
908 5 Street NW Calgary T2N 1R2 
$585,000Residential- Status:
- Active
- MLS® Num:
- A2212832
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 744 sq. ft.
Discover 908 5th Street NW; an original 1912 home full of thoughtful updates and historic charm, located on one of the neighbourhoods nicest streets. Here are 5 things we LOVE about this home (and we’re sure you will too): 1. LOADED WITH CHARACTER + FUNCTIONALITY: Originally built in 1912, this charming character home blends timeless details with thoughtful modern updates. Step inside from the charming storm porch to discover original, refinished hardwood floors, and a gorgeous decorative fireplace that anchors the living space along with an updated kitchen with new counters, backsplash, and a recently installed dishwasher (December 2024). The home features 2 bedrooms, an updated bathroom, and fresh paint on the upper level, creating a bright, inviting atmosphere. The basement has been freshly painted and sealed, providing a ton of storage space. 2. SMARTLY UPDATED: This home has been lovingly cared for and updated over the years and is ready for its next history-loving owner. Recent upgrades include: High-efficiency Napoleon furnace (installed December 2024 with a 10-year warranty), updated electrical with a new panel, new interior front door, new motor in the dryer, fresh paint (upper level and basement). 3. AN AMAZING INNER-CITY LOCATION: Sunnyside is one of Inner-City Calgary’s most eclectic and charming neighbourhoods. Residents enjoy an array of housing options from century homes to modern infills, townhomes and starter condos. Commuting to work or the mountains is a breeze with easy access to 4th Street, Highway 1 and Crowchild and Deerfoot Trails + you’re just a block to the Bow River Pathway biking, jogging, or scenic strolls. 4. OUTDOOR LIVING SPACE: Prime inner-city living with an amazing, private backyard! With high-quality, low maintenance artificial turf, nicely proportioned sun deck and mature trees this is your backyard oasis in the heart of the city. 5. LOCATION IN THE COMMUNITY: 908 5th Street NW sits on a picturesque, tree-lined street surrounded by other well-maintained homes. Walk out your front door and you’re steps from McHugh Bluff and the Rosedale off-leash park. A few minutes’ walk brings you to the Bow River, Peace Bridge, Sunnyside Community Garden, Prince’s Island Park, the Crescent Heights lookout, and the heart of the Kensington shopping and dining district. More detailsListed by Century 21 Bamber Realty LTD.- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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401 537 14 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2211831
401 537 14 Avenue SW Calgary T2R 0M7
$322,000Residential- Status:
- Active
- MLS® Num:
- A2211831
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 922 sq. ft.
Welcome to this beautifully renovated, bright, and spacious two-bedroom apartment in the heart of the Beltline, ideally situated just steps from 17th Avenue, 4th Street, the Stampede Grounds, and the Downtown Core. Nestled in one of the quietest corners of the building, this unit offers a peaceful retreat, complete with a large, private west-facing balcony—perfect for enjoying the sunsets. Access the balcony from both the living room and the primary bedroom, creating a smooth flow between indoor and outdoor spaces. Inside, you'll find an open-concept kitchen with a central island, a cozy gas fireplace, fresh vinyl plank flooring throughout, and in-suite laundry for added convenience. The living room features elegant French doors leading to the second bedroom, which serves as an excellent flex space. The renovated bathroom showcases extensive tile work, while the primary bedroom is generously sized and filled with natural light. The building offers fantastic amenities, including a rooftop patio with breathtaking views of the Stampede Fireworks, a relaxing sauna, a newly upgraded elevator, and renovated common areas. Enjoy the added peace of mind with secure, remote-controlled parking access, as well as both in-suite and common laundry facilities. This exceptional property is truly a must-see. Schedule your viewing today! More detailsListed by CIR Realty- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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703 215 13 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2213509
703 215 13 Avenue SW Calgary T2R 0V6
$439,900Residential- Status:
- Active
- MLS® Num:
- A2213509
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 890 sq. ft.
Welcome to one of the most desirable units in the Union Square building — a stunning NW corner end unit offering exceptional views of Haultain Park, the Rocky Mountains, Calgary Tower, and the downtown skyline. This rare vantage point brings together the best of the city's scenery, right outside your floor-to-ceiling windows. Step inside and experience the bright, open layout accentuated by lofty ceilings and an abundance of natural light. The contemporary kitchen is a true showstopper, featuring stainless steel appliances, a generously sized island perfect for entertaining or casual dining, and a layout typically found in million-dollar homes. Just off the kitchen, you'll find a built-in nook — ideal for a home office or additional storage. The flooring throughout combines sleek tile with luxurious high-end carpet that feels incredible underfoot. Step out onto your private balcony with a gas BBQ hookup and enjoy your morning coffee or evening glass of wine while overlooking the peaceful greenery of historic Haultain Park with partial mountain views. The spacious primary suite is a private retreat, complete with a walk-in closet and a spa-inspired ensuite. The second bedroom is equally roomy, offering cheater ensuite access to the second full bathroom for added convenience. Additional features include in-suite laundry, titled and secured underground parking, and even a large storage locker. Location is everything, and this one scores a Walk Score of 93 — close to the C-Train, Stampede Grounds, river, pathways, and all the amenities of Calgary’s downtown core, yet perfectly tucked away from the hustle and bustle. This is urban living at its best — stunning design, unbeatable views, and a location that’s second to none. More detailsListed by Real Estate Professionals Inc.- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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411 707 4 Street NE in Calgary: Renfrew Apartment for sale : MLS®# A2213670
411 707 4 Street NE Calgary T2E 3S7
$339,000Residential- Status:
- Active
- MLS® Num:
- A2213670
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 592 sq. ft.
Welcome to this freshly renovated TOP FLOOR 1 bed, 1 bath condo, offering nearly 600 sq ft with soaring 13 ft ceilings and a long list of stylish upgrades! Bathed in natural light thanks to expansive picture windows, this move-in ready unit features brand new vinyl plank flooring throughout. The kitchen is a showstopper with brand-new lower cabinetry, refreshed uppers, stone countertops, and new stainless steel appliances. Including a new dishwasher and a high-end gas cooktop. The huge island breakfast bar, complete with storage and built-ins, makes it perfect for entertaining or cozy mornings at home. There is even a space for a computer station. The primary bedroom has also been freshly painted and features a walk through closet, with custom built-ins, leading you into the newly updated 4pc bathroom with NEW washer and dryer. Step out onto your private balcony fully equipped with a gas line and magic screen door perfect for enjoying your morning coffee.. To top it off, AIR CONDITIONING has been newly installed for year-round comfort. This condo includes a large in-unit storage room, great for storing bikes, skis, or anything else you need PLUS an additional assigned storage locker AND underground heated TITLED parking. Residents also enjoy access to a fitness centre and a car wash bay. Located just minutes from lively Bridgeland and downtown Calgary, with low condo fees and top-tier amenities, this condo is a must-see for anyone looking to embrace exceptional urban living in a fully refreshed space. More detailsListed by Real Broker- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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505 624 8 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2213682
505 624 8 Avenue SE Calgary T2G 1S1
$269,900Residential- Status:
- Active
- MLS® Num:
- A2213682
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 411 sq. ft.
INK! Your inner-city adventure begins here in this trendy upscale building built by award-winning Battistella developments! This stunning 1-bedroom condo is in the heart of downtown, situated on the 5th floor with great views of the Bow River, Fort Calgary and the urban landscape. This east-facing unit is drenched in light and blends industrial chic with modern comfort. Unique polished concrete floors and ceilings add a stylish edge, while the thoughtfully selected finishes create a warm and inviting atmosphere. Step out onto the expansive balcony to soak in the downtown energy, whether you're sipping your morning coffee or entertaining friends. Convenience is at your fingertips to explore the city's top restaurants, shops, and parks—all within walking distance. The INK building is designed to elevate your lifestyle with features such as a spacious common amenities area, a ping pong table, and a large rooftop patio featuring cozy fireplaces and ample seating for large gatherings. Whether you're a professional seeking the dynamic downtown lifestyle or an investor interested in adding to your short-term rental portfolio, this condo checks all the boxes. Bicycle storage is complete with an air pump and repair rack. This pet-friendly building also has a dog wash, underground visitor parking, and parking stalls available for rent, subject to availability. This is a very affordable opportunity to own or to hold as a great investment. More detailsListed by RE/MAX Realty Professionals- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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203 1121 6 Avenue SW in Calgary: Downtown West End Apartment for sale : MLS®# A2211908
203 1121 6 Avenue SW Calgary T2Y 3V2
$258,000Residential- Status:
- Active
- MLS® Num:
- A2211908
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 588 sq. ft.
Welcome to this beautiful one-bedroom, one-bathroom apartment in Discovery Pointe located the heart of Calgary’s Downtown West End. The unbeatable location that offers a spectacular downtown lifestyle, just minutes to the Bow River, pathways, Prince's Island Park, the many charms of Kensington, cafes, restaurants, shopping, the LRT free zone. This well-maintained unit features an open floor plan with a combination living and dining room, making it the perfect space for entertaining guests. Step outside onto the oversized balcony, the perfect space to BBQ or relax on warmer days. The condo offers in-suite storage and laundry, making living organized and easy. The building is secured with FOB entry + full-time security personnel. Secured Bicycle storage! Check out the Well-Equipped Fitness Centre, Roof Top Terrace, Lounge, + Party Room. Easy to escape from the city and quick access to all of Calgary's inner-city amenities. More detailsListed by Homecare Realty Ltd.- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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111 1108 6 Avenue SW in Calgary: Downtown West End Apartment for sale : MLS®# A2213467
111 1108 6 Avenue SW Calgary T2P 5K1
$427,900Residential- Status:
- Active
- MLS® Num:
- A2213467
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,100 sq. ft.
Welcome to The Marquis—a hidden gem perfectly placed between the calm of the Bow River and the energy of downtown Calgary. This main floor, two-bedroom, two-bath condo offers more than just a home; it’s a lifestyle. Whether you’re heading out for a morning run along the river paths, catching the LRT just a block away, or relaxing at home by the fireplace, this space makes it easy to enjoy both nature and city living. Inside, the open layout is bright and functional, with 9’ ceilings and large windows that fill the space with natural light. The kitchen is well-appointed with stainless steel appliances, warm cabinetry, and a spacious island that’s perfect for cooking, entertaining, or casual dining. The living area features a gas fireplace for cozy evenings and a walkout 20ft patio for fresh air and easy access to outdoor space. Both bedrooms are thoughtfully separated for privacy, and the two full bathrooms make it ideal for roommates, guests, or working from home. Additional features include in-suite laundry, a titled underground parking stall, and a large private storage locker. Full concrete construction between units ensures peace and quiet. The building is secure and well-managed, offering a fitness center, hot tub, party room, and bike storage. With a walk score of 95, you’re steps from shops, restaurants, transit, river paths, and more. This is a clean, well-maintained home in a sought-after location—quiet when you need it, connected when you want it. Come see for yourself why life at The Marquis just feels right. More detailsListed by eXp Realty- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
-
103 1027 Cameron Avenue SW in Calgary: Lower Mount Royal Apartment for sale : MLS®# A2213283
103 1027 Cameron Avenue SW Calgary T2T 0K3
$220,000Residential- Status:
- Active
- MLS® Num:
- A2213283
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 623 sq. ft.
Discover the charm and convenience of urban living at 103, 1027 Cameron Avenue SW, a RENOVATED 1-BEDROOM condo nestled in one of Calgary's most desired inner-city neighbourhoods. This ground-floor unit offers a blend of comfort, convenience, and investment potential, boasting over 620 SF of living space in an unparalleled location, making it an IDEAL CHOICE for first-time homebuyers or savvy investors seeking a property with strong rental potential. The condo has undergone renovations in 2015 and 2022, highlighted by an UPDATED KITCHEN with solid BIRCH cabinets featuring self-closing drawers, GRANITE countertops, and STAINLESS-STEEL appliances that include an electric range, an over-the-range microwave, and a fridge. The open living & dining area is naturally illuminated by large SOUTH-FACING windows, with LUXURY VINYL PLANK flooring and neutral paint colours, ensuring a bright and welcoming ambiance. The large primary bedroom also benefits from south-facing windows and provides a serene retreat. Noteworthy enhancements extend beyond the private quarters to include an UPDATED BATHROOM, boasting granite countertops and a TILED tub surround. In-unit storage adds convenience, while the availability of an off-street parking stall and/or additional storage locker (both based on availability and with an additional nominal fee) addresses practical needs. Residents will appreciate the building's well-maintained common areas, including coin laundry facilities on the main floor, a bike storage room and an on-site building manager, all of which ensure comfort and security. This condo has a “WalkScore” of 98, WALKER PARADISE, and a “BikeScore” of 80, VERY BIKEABLE. Located in a vibrant community, this condo is steps away from the social and cultural hub of 17th Ave SW, offering easy access to a many stores, cafes, restaurants, and public transit options, making your daily commute or leisurely outings a breeze. More detailsListed by Boswell Krieger Management & Realty Ltd. and The Real Estate District- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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3102 930 16 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2210027
3102 930 16 Avenue SW Calgary T2R 1C2
$1,050,000Residential- Status:
- Active
- MLS® Num:
- A2210027
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,360 sq. ft.
Unbeatable Location, Unrivaled Views, Uncompromising Luxury. Imagine waking up to panoramic downtown Calgary views every day. Situated in the most sought-after BOSA building near 17th Avenue, this exceptional 31st-floor unit presents a rare opportunity for sophisticated downtown living. Revel in spectacular downtown skyline vistas from every corner of this 1360 sq ft layout, featuring 2 bedrooms, a flexible den, and 2 well-appointed bathrooms. Inside, discover high ceilings, premium finishes, and high-end appliances. Benefit from the convenience of 2 side-by-side underground parking stalls and indulge in the building's impressive amenities, including a modern gym, party room, racquetball court, dry sauna, steam room, concierge, and outdoor BBQ facilities. Enjoy effortless access to groceries, coffee shops, restaurants, and shopping, all within walking distance. This property offers the perfect synergy of prime location, breathtaking views, ample living space, and practical functionality. Don't delay – schedule your private showing with your trusted realtor today! More detailsListed by Real Broker- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
-
408 817 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2211575
408 817 15 Avenue SW Calgary T2R 0H8
$349,000Residential- Status:
- Active
- MLS® Num:
- A2211575
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 645 sq. ft.
Welcome to the Montana, an iconic landmark that has established itself as one of the most prestigious buildings in Calgary’s beltline district. Conveniently located just steps away from restaurants, shops, and the vibrant atmosphere of 17th Avenue, this spacious one-bedroom, one-bathroom home boasts nine-foot ceilings, in-suite laundry, beautiful California Closet organizers, quadruple-paned windows, quiet concrete floors, and a wall-to-wall storage unit in the Den. The kitchen is equipped with granite counters, a breakfast bar, maple cabinetry, a tiled backsplash with under-counter lighting, modern vinyl plank flooring, four upgraded stainless steel appliances, and a garbage disposal. For your convenience, waste chutes are conveniently located on every floor. Additional amenities include an exercise room with a universal gym and cardio machines, 20 guest parking stalls, and concierge service available from 8:00 AM to 8:00 PM weekdays and 9:00 AM to 5:00 PM on weekends. The home also includes a titled underground parking stall and a rare, adjacent, private storage room. The Montana offers an unparalleled lifestyle of convenience. More detailsListed by Coldwell Banker Mountain Central- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
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1506 1010 6 Street SW in Calgary: Beltline Apartment for sale : MLS®# A2213424
1506 1010 6 Street SW Calgary T2R 1B4
$435,000Residential- Status:
- Active
- MLS® Num:
- A2213424
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 701 sq. ft.
Welcome to urban living at its finest! This stunning 15th floor corner unit in the heart of Downtown Calgary offers panoramic city views and an unbeatable location. Flooded with natural light from large windows, this beautifully maintained condo boasts an open-concept layout perfect for both relaxing and entertaining. Just steps away from the city's best restaurants, shopping, transit, and entertainment — including easy access to the amazing Calgary Stampede parties — you'll love being at the center of it all. Whether you're a young professional or looking for a vibrant city lifestyle, this unit delivers modern living with the best of Calgary right outside your door! More detailsListed by Real Broker- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
-
2A 133 25 Avenue SW in Calgary: Mission Apartment for sale : MLS®# A2212521
2A 133 25 Avenue SW Calgary T2S 0K8
$419,000Residential- Status:
- Active
- MLS® Num:
- A2212521
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,171 sq. ft.
Live in the heart of Mission! This spacious 2 bedroom, 2 bathroom condo offers the ultimate urban lifestyle in one of Calgary’s most vibrant downtown communities. Enjoy two private balconies — including one directly off the primary bedroom — perfect for morning coffee or quiet evenings. The functional layout includes a built-in A/C unit, stacked in-suite washer and dryer, heated underground parking, and separate storage for added convenience. Additional highlights include access to 9 visitor parking spots, a stylish social room, common area patio, and a welcoming lobby with updated common spaces. Hampton Court is a well-managed building that has seen numerous recent upgrades, including new boilers, fire alarm and ventilation systems, resealed balconies, security cameras, and a new elevator. Located steps from shops, restaurants, river pathways, and downtown — this is an unbeatable location for walkable inner-city living. More detailsListed by Unison Realty Group Ltd.- Stewart J Lowe
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com
Data was last updated April 23, 2025 at 06:05 AM (UTC)
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