Calgary Apartments For Sale
Discover the latest Calgary apartments for sale below. As the city continues to grow, more Calgarians are choosing apartment living for its convenience and cost-effectiveness. From modern downtown high-rises to comfortable suburban complexes, there are options to suit every lifestyle. Apartment ownership offers a hassle-free living experience and is an affordable entry into the real estate market. It’s an excellent choice for first-time buyers and investors alike. Additionally, purchasing an apartment can provide access to sought-after neighborhoods at a lower cost than single-family homes. Browse a wide range of properties in and around Calgary. For more details about apartments for sale in Calgary, Alberta, or to schedule a private viewing, contact the Tiwana Real Estate Team today! Learn more about Calgary apartments.
Ready to Buy or Sell an Apartment in Calgary?
Are you planning to buy or sell an apartment in Calgary? Our local real estate team is here to assist you with the sale of your current apartment or the purchase of your next property. As experienced Calgary real estate agents, we understand the unique market trends and opportunities within the Calgary apartment sector. We’re dedicated to providing you with exceptional service and guidance.
Contact Mal Tiwana with Grand Realty at 403-830-5152 to learn more about our comprehensive services for buyers and sellers. If you’re preparing to sell your Calgary apartment, visit our home evaluation page to receive a free value assessment and understand your property’s worth in today’s market.
Condos vs. Apartments: Key Differences
Ownership:
- Condos: Individual units are owned by separate individuals. Owners possess the interior of their units and have shared ownership of common areas.
- Apartments: Entire buildings are typically owned by a single entity (such as a corporation or landlord) and all units are rented out to tenants.
Governance:
- Condos: Governed by a homeowner’s association (HOA) which enforces rules and regulations, collects fees, and manages common areas.
- Apartments: Managed by a property management company or landlord. Tenants adhere to the lease terms set by the property owner.
Maintenance Fees:
- Condos: Owners pay HOA fees which cover maintenance of common areas, amenities, and sometimes utilities.
- Apartments: Maintenance costs are generally included in the rent, and the landlord is responsible for repairs and upkeep.
Customization:
- Condos: Owners have the freedom to make changes and renovations inside their units (subject to HOA rules).
- Apartments: Tenants have limited ability to customize or renovate their rented space.
Resale and Investment:
- Condos: Owners can sell their units and potentially earn a return on investment.
- Apartments: Tenants do not have ownership rights and thus cannot sell their unit or gain equity.
Living Experience:
- Condos: Often offer a sense of community with shared amenities like gyms, pools, and lounges.
- Apartments: May also offer amenities, but the sense of community can vary depending on the building and management.
Financial Commitment:
- Condos: Require a mortgage and down payment for purchase, along with ongoing HOA fees.
- Apartments: Typically require a security deposit and monthly rent, with less upfront financial commitment compared to buying a condo.