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Apartment Buildings for Sale in Calgary
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Apartment Building For Sale in Calgary
Calgary, known for its remarkable vista where the Canadian Prairies meet the foothills of the Rockies, is the largest city in Alberta and the third-largest city in Canada. Embracing its location where the Bow River and the Elbow River converge, Calgary has counted on a vibrant and diverse economy that spans energy, financial services, film and television, transportation, and logistics, to name but a few. The city, blessed with the largest paved pathway network in North America, also proudly hosts Canada's second-largest number of corporate head offices. At its heart, Calgary is committed to sustainability, evidenced by its CTrain light rail transit system which runs on 100% renewable, wind-generated energy. Calgary's metropolitan population teems around 1,481,806, reflecting its lively social and business scenes.
The breadth and quality of Calgary's real estate landscape equate to its economic dynamism and cultural vibrancy. By offering 25 apartment buildings for sale, Calgary provides ample investment opportunities for aspiring property owners. In addition to apartment buildings, Calgary also boasts multiple retail spaces and residential income properties that align with many investors' preferences. This diverse property mix ensures a lively urban pulse, creating a robust platform to match the needs of every investor. Of course, let's not forget the city's commitment to education, with renowned institutions like the University of Calgary and Mount Royal University, making it an attractive destination for students and academics, adding to property demand. Calgary, with its advanced infrastructure and rich educational landscape, continues to affirm itself as an enviable location for real estate investment.
Learn about Apartment Buildings for sale in Calgary
Why should I buy an Apartment Building in Calgary?
Buying an apartment building in Calgary holds promising potential because of the city's diverse economy and dynamic population.
- Calgary's economic landscape, dominated by sectors like energy, financial services, technology, and tourism, presents a constant demand for residential properties like apartment buildings.
- The city ranks high in livability and hosts the second-largest number of corporate head offices in Canada, attracting employees from various fields, hence maintaining a constant need for housing units.
- With 25 Apartment Buildings listed for sale, the average size for sale being 8,707 SF, and the average price per sqft being $561 CAD, you have a diverse range to choose from and a strong opportunity to cater to Calgary's eclectic populace.
How much does it cost to buy an Apartment Building in Calgary?
- Prices range broadly due to the varied averages in size, with an average size of 8,707 SF and maximum size of 51,579 SF.
- The average price per square foot provides a useful reference for cost approximation with a mean value of $561 CAD.
- Considering Calgary's position as the third most livable city globally and its robust economy, investing in apartment buildings here can be a strategic choice with 25 listings currently available.
What is the largest Apartment Building available to buy in Calgary?
- The broad array of corporate head offices and diverse economy in Calgary offer a high potential for residential income properties like Apartment Buildings.
- Calgary's exceptional public transit system, via the CTrain, and the comprehensive network of paved pathways makes Apartment Buildings in the city highly appealing for potential residents who prioritize accessibility and mobility.
- Considering the large population in Calgary combined with its ranking as a highly livable city, Apartment Buildings present a suitable and significant investment choice for those looking to meet housing demand in such a favorable market.
What factors should I consider when searching for Apartment Buildings in Calgary?
- Calgary's diverse industries, ranging from energy, financial services, film and television, technology, to manufacturing, provide a stable economic foundation that supports a robust rental market.
- Transportation connectivity through the CTrain light rail transit system, Highway 2, Trans-Canada Highway, and the Calgary International Airport can significantly influence the demand and occupancy rates for Apartment Buildings in Calgary.
- You will find that Apartment Buildings in Calgary are an appealing choice due to the city's range of appealing amenities such as the largest paved pathway network, the world's most extensive elevated pedestrian skywalk system, excellent health and wellness services, and vibrant arts and cultural scene, all of which attract and retain residents.
How many Apartment Buildings are available in Calgary?
- The substantial number of options corresponds to Calgary's sizable population and flourishing economy.
- The availability of Apartment Buildings ranges in size, providing a diverse selection with an average size of 8,707 SF and maximum size up to 51,579 SF.
- Given Calgary's robust mix of industries, from energy to technology and health, Apartment Buildings are a sensible choice in property investment with a robust average price per sqft value of $561 CAD.
What other commercial properties are available in Calgary?
- Retail spaces are prevalent in Calgary, providing business operators various storefront possibilities.
- Shopping Centers present opportunities for businesses to leverage the high foot traffic, owing to Calgary's status as a retail and tourism hub.
- Choosing Residential Income Properties would be beneficial because of Calgary's notable population, which reflects a potentially high occupancy rate and steady revenue stream.
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