Calgary Real Estate & Homes For Sale

Calgary is a bustling Canadian city in the heart of the province of Alberta. It lies in the foothills of Canada's Rocky Mountains, which is the confluence of the Bow and Elbow rivers. The city covers an area of 848 square kilometres. Calgary owns all the benefits of a large metropolitan and sophisticated centre, such as dynamism, innovation, skilled workforce and, on top of all, clean surroundings and environment.

In 1875, a North-West Mounted Police (unofficially called Fort Brisebois) post was set up by Canada's first prime minister to combat the illegal whiskey traders at the site of present-day Calgary. One year later, on official notice, it was named Fort Calgary for a town on the Scottish island of Mull. In 1883, the arrival of the Canadian Pacific Railway in the city boosted population growth. In 1884, the city of Calgary was incorporated. It linked the city of Calgary to central and eastern Canada (1883) and Vancouver (1886) on the west coast. The population of Calgary rose from hundreds in 1883 to 3876 in the year 1891. The discovery of natural gas in Turner Valley (35km southwest) in 1914 became a turning point in the city's growth. Many investors and settlers were attracted to the city, and Calgary became an overnight successful city, generating massive amounts of money. Unfortunately, the huge price drop in oil rates in the early 1980s influenced the city adversely, escalating unemployment among the residents. It took nearly a decade for the city to recover from the effects of the fall in oil prices. The successful hosting of the XV Olympic Games in 1988 brought Calgary to the limelight and made it a worldwide known city. After that, the city never looked back.

• Total Dwelling: 558,915

• Single Detached Houses: 332,700

• Apartments: 32,930

• Other Attached Dwelling: 188,785

• Semi Detached Houses: 35,590

• Townhouses: 51,045

• Apartments Duplex: 22,530

• Other Apartments: 79,225

• Other Single Attached Houses: 390

• Movable Dwelling: 4,495

The total number of persons in private households during the 2016 Canada Census was 1,478,555.

The average household size in Calgary at the time of the 2016 census was 2.6.

Calgary Housing Market

• Average Sold Price for different housing types:

• All Property Types: $488,043

• Condos | Apartments: $258,609

• Detached Houses: $590,784

• Semi-Detached: $490,464

• Townhouses: $318,977

DETACHED HOUSES

• Average Sold Price: $590,784

• Units Sold: 1300

• Price Change: 7.1% increase

• Transactions: 30.9% increase

SEMI-DETACHED HOUSES

• Average Sold Price: $490,464

• Units Sold: 177

• Price Change: 1% decrease

• Transactions: 24.6 % increase

TOWNHOUSES

• Average Sold Price: $318,977

• Units Sold: 342

• Price Change: 3.7% increase

• Transactions: 56.9% increase

CONDOS | APARTMENTS

• Average Sold Price: $258,609

• Units Sold: 332

• Price Change: 3.2%

• Transactions: 48.2% increase

RENTALS

• The average rent for a single-bedroom apartment in Calgary is $1166. It indicates an increase of 4% as compared to the previous year.

• The average rent for a double-bedroom apartment in Calgary is $1364. It indicates an increase of 3% in comparison to last year.

Demographics

The population of Calgary is 1,392,609, which makes it the most populous city in Alberta. It is the third most populated city of Canada after Toronto and Montreal. The population density of Calgary is 1501 people per square kilometre.

• Age: Calgary is a youthful city with an average population of 37.6 years. The Canadian Census, 2016 reports the majority age group as the working-age group. This age group ranges from 15 to 64 years and accounts for 69.8% of the total population. This is followed by the youngest age group, which ranges from 0 to 14 years and makes up 18.8% of the total population of Calgary. Finally, the senior citizens (85+ years) constitute the smallest age group, around 1.4%.

• Diversity: Calgary is home to more than 240 ethnic origins. The distribution of ethnic groups is as follows:

• English: 21.7%

• Canadian: 20.1%

• Scottish: 17.5%

• German: 14.7%

• Irish: 14.3%

• French: 8.6%

• Languages: Calgarians identify more than 120 languages that people speak as of their mother tongue. The distribution of languages is as given below:

• English only: 90.5%

• French only: 0.1%

• Both English and French: 7.3%

• Neither English nor French: 2.2 %

Education

Schools

Public school education is controlled and supervised by The Calgary Board of Education in Calgary. More than 125,000 students are enrolled in the CBE's 245 schools, ranging from kindergarten to high school. Public education is mandatory and free of cost for 5 to 19 years old kids.

Post-Secondary

Calgary is well known for its post-secondary education. The top colleges of Calgary are as follows:

• SOUTHERN ALBERTA INSTITUTE OF TECHNOLOGY

• BOW VALLEY COLLEGE

• HASKKAYNE SCHOOL OF BUSINESS

• CUMMING SCHOOL OF MEDICINE

• CDI- CALGARY CITY CENTRE

• ABM COLLEGE

There are also numerous universities in the city, which are as follows:

• UNIVERSITY OF CALGARY

• MOUNT ROYAL UNIVERSITY

• SOUTHERN ALBERTA INSTITUTE OF TECHNOLOGY

• AMBROSE UNIVERSITY COLLEGE

• ST. MARY'S UNIVERSITY COLLEGE

Economic Activities

The economy of Calgary depends on several sectors, including energy, financial services, film and television, transportation and logistics, technology, manufacturing, aerospace, health and wellness, retail, and tourism sectors. The city's key industries are:

• AEROSPACE AGRIBUSINESS

• CREATIVE INDUSTRIES

• FINANCIAL SERVICES

• ENERGY

The main characteristics of Calgary's economy are as follows:

• Per capita income in Calgary is highest as compared to average national income: $59,907

• Calgary has the highest labour productivity of major cities in Canada: $147,231

• The average hourly wage rate in Calgary is higher than the rest of Canada, with a minimum wage of $15 per hour.

Transportation

Transit and Bus Service

The following transit services provide service in Calgary:

• AIRDRIE TRANSIT

• ON-IT REGIONAL TRANSIT

• ROAM TRANSIT

Car Rentals

This facility helps the commuters in hiring cars for rent. The cars can be of any size and for any duration.

Taxis

The base rate of Taxis is $3.80, and an additional surcharge at the airport is charged.

Bikes

Calgary owns the most extensive urban pathway and cycle path network in North America, approximately 850 kilometres of regional routes and 95 kilometres of trails.

Airport

Calgary International Airport provides transportation services to the city of Calgary. It is located in the northeast of downtown, and it has an area of 20.82km2.

Recreation

Calgary is a place full of natural scenic views, museums and picturesque architecture.

• Glenbow Museum: This museum exhibits the culture of western Canada. It also includes displays of European Art, Asian sculpture and other artifacts from West Africa.

• The Military Museum: The military museum of Calgary is the second-largest military museum in Canada, displaying the history, heritage, and information about the Canadians who fought for the sake of their country.

• Prince's Island Park: Spread over an area of nearly 50 acres, the park is best suited for strollers and bikers.

• Calgary Zoo: The zoo spread over a vast area is home to 1000 animals, including tigers and gorillas. An extraordinary Panda Passage is dedicated to the zoo's two giant pandas. In addition to fauna, the zoo also has a botanical garden featuring flora from worldwide. These were the top 4 sites that attracted a large number of people. Besides these sites, other recreational places are WinSport Canada Olympic Park, Heritage Park, Stephen Avenue Walk, Spruce Meadows etc.

FAQs (Calgary Real Estate)

• What is the average rent of a one-bedroom apartment in Calgary ?

The average rent for a single-bedroom apartment in Calgary is $1166.

• What is the average rent of a two-bedroom apartment in Calgary ?

The average rent for a two-bedroom apartment in Calgary is $1364.

• What is the average price of a house in Calgary ?

The average price of a home in Calgary is $488,043.

• What is the population density of Calgary ?

The population density of Calgary is 1501.1 people per square.

• What is the population of Calgary ?

The population of Calgary is 1,392,609.