Welcome to Downtown Calgary, a neighbourhood in the city of Calgary with 15 Pre-Construction buildings with condos for sale.
A very special portion of the real estate market exists in the area of development, or Pre-Construction, condos. These are units that are purchased based on the projected plans for a building that is not yet built. A buyer may visit a temporary showroom, located near to the proposed location of the building to see models and floor plans of the various units the seller hopes to construct, or simply receive a package with this information electronically. Purchasing at this stage allows the buyer to have greater control in the outcome of their unit. They can make a different type of investment and purchase at a lower price per square foot than what is typically available post-construction. If you want to be able to choose your floors, finishes and appliances, at less than the cost to purchase someone else's choices from the past, Pre-Construction condos for sale might appeal to you. It's not often that you have so many design choices when looking to purchase a home. There will be a number of layouts, options for total square footage, number of bedrooms and location within the building to choose from. Usually, this type of customization will require a second investment in renovations, as well as the purchase price of your home.
When taking the leap on a Pre-Construction condo for sale, you'll be given a list of options that you'll be able to customize. Everything in the home will be brand new and they will likely be under warranty. Keep in mind that the developer is speculating on what they believe the final outcomes will be for the unit and building, they require some flexibility, not everything can be fixed into even the best agreements. This can make a good case for looking at the past projects of the developer. How close to their projected dates did they come? Do they have a history of big surprise closing costs or a history of great relationships with their buyers? How have their projects held up over time as places people want to live and as investments. This type of home purchase, more than others, requires a long term deal with your developer. You'll want a long term relationship that is mutually beneficial. Purchasing a unit in a building prior to the work beginning can have some tremendous benefits. It also requires deeper knowledge to arrange this type of purchase. A Real Estate Professional who specializes in development or Pre-Construction condos for sale may be helpful for protecting your investment. The money spent on a qualified agent may be easily recuperated with the thorough shaping of your agreement. You'll want to understand how the Pre-Construction payments are going to be structured and where you'll be spending versus saving. In an already finished home, it's easy to see how your money is being spent. With a Pre-Construction condo, being well informed will be a must.
You can find the neighbourhoods of Eau Claire and Beltline nearby which have Pre-Construction condo buildings. This neighbourhood is Very Bikeable with a bike score of 89. Excellent Transit is available in Downtown Calgary. Downtown Calgary is Very Walkable with a walk score of 87.
Located in Calgary, Downtown Calgary is home to some of the city's coolest condos. This neighbourhood has attracted all kinds of developments, 70 condo buildings to be exact, to its exciting streets. Condo development in this neighbourhood has been booming with 39 High-Rise, 15 Pre-Construction, 23 Mid-Rise, 7 Luxury, 11 Low-Rise and 2 Loft in Downtown Calgary. With so many buildings to choose from in Calgary, there are unsurprisingly many condos for sale in Downtown Calgary. Condos for sale in Downtown Calgary are on the market for an average of 63 days. There were 348 condos sold in Downtown Calgary in 2020. Downtown Calgary saw an increase in the number of condos sold by 262% compared to the year before. Condos for sale in Downtown Calgary had an average sale price of $$507,012 last year, an decrease of -4% from the prior year. This neighbourhood is Very Walkable with a walk score of 87. Excellent Transit is available in Downtown Calgary. This neighbourhood is Very Bikeable with a bike score of 89. Eau Claire and Beltline are nearby neighbourhoods.
Grab some fresh goodies at nearby bakeries BAKED Doughnuts and il caffe. If you are looking for coffee Rosso Coffee Roasters - Stephen Ave and Deville Coffee offer great options in Downtown Calgary. There is cuisine from all over the world available at The Grape Wine & Spirits and Torxen. Whether you are looking for brunch, a quick snack or a quality dinner Downtown Calgary has plenty of options like Q Haute Cuisine and Hotel Fairmont Palliser. Do you love to be outside? Chevron Learning Pathway is a great park in Downtown Calgary. Downtown Calgary Downtown Drug Mart and Centre Pharmacy are a short walk away as well. Yahoonext is a shopping center in Downtown Calgary that has something for everyone. Foot hills Hospital is the closest hospital to Downtown Calgary. There are a number of museums and art galleries in Calgary including Knox Contemporary Gallery of Art and Dean Miller Fine Arts Gallery. Be sure to check out Benjamin Thornton - Functional Training Specialist and Paul Anthony - Calgary Personal Trainer if your condo building does not have a gym- some great local fitness centers! Take your pets to Animal Clinic. The school in Downtown Calgary is Khalsa. There are many students in this neighbourhood as Medical Reception College is located within it. The closest light rail station is WB 4 Street SW CTrain Station. For those who love to travel Calgary (City/Bow River) Heliport is nearby to catch a flight.