Back To Magazine

February 01, 2019

Condoscape - No parking, no problem

Calgary’s downtown condo developments turn to car-less options

Richard White

Article Photo Enlarge

Could you live in Calgary without a car? I am not sure I could, but more and more Calgarians are doing so. With the introduction of Car2Go (Calgary has one of the highest number of Car2Go members in North America), Uber and Lime (bikes), the need for a car in Calgary is become less and less mandatory, especially if you live in the City Centre.

Astute condo developers are noticing there is a niche market for condos without parking.

First it was the N3 condo in East Village, a 15-story tower with 167 units and no parking, by Knightsbridge Homes and Metropia that was completed in 2017. One of the big advantages of no parking is these units sell for about $50,000 less than competitors’ condos (i.e. the cost to build an underground park space — give or take $10,000.)  The idea of building a new condo with no parking was bold — it hadn’t happened in Vancouver or Toronto.

N3 captured the attention of urban planners across North America. Would automobile-obsessed Calgarians really buy a condo with no parking? The answer is Yes.

As Joe Starkman, President of Knightsbridge Homes said to me “I did my research and I was willing to gamble there were at least 167 Calgarians who wanted to live downtown and didn’t need a car. I was willing to take that risk.”

But was N3 a unique situation, given it is so close to downtown, so close to LRT and plans were in place for a major retail centre (with grocery store and other everyday amenities) nearby? 

We are about to find out!

Liv Urban Inc. has announced The Nest in Mission, with 82 condos starting in the low $200,000s.  Located at the corner of 18th Avenue and Macleod Trail S.E., its residents will be within easy walking distance to the Erlton and Stampede LRT Stations, Stampede Park and Mission Safeway and
other shops. No need for an in-house workout room with the iconic Repsol Sport Centre literally a hop, skip and jump away. You are also right on the Elbow River pathway system.  The units are small (415 to 556 square-feet), but for true urbanites the community is their living room, dining room
and kitchen. At 15-storeys, many residents will have great views of downtown, the mountains and the Stampede fireworks.

Over in Downtown West, Cidex is building the Hat @7th a 66-unit apartment building at 1116 7th Avenue S.W. that’s expected to be completed in 2019.  It too has no parking, however given its so close to the 11th Street LRT station and not far from the 8th Street station, who needs a car?

Living here gives you will have easy access to Bow River Promenade and walking to Kensington or West Beltline with their grocery stores and shops will be no problem. You can also play basketball or volleyball, or practise your skateboarding or BMX skills at Shaw Millennium Park.

An added bonus is Cidex’s West Village towers is also under construction just a few blocks away. With its 90,000 square feet of retail at the base, there’s plenty of enough room for an urban grocery store and other shops to meet your everyday needs.

Battistella designed it new Nude condo in the west Beltline with parking spots for only 60 per cent of the units so a parking spot thinking not everyone will want a parking spot. So far, 85 per cent of buyers have chosen to purchase a parking spot with their condo. The early bird get the parking spot!

Last Word

More and more cities across North America are looking at allowing residential developers to build new condos without any parking or much less parking than would have been demanded in the past. In the past, cities demanded developers include a minimum of one (and sometimes more) parking stalls per unit, as well as visitor parking, as neighbors didn’t want the newbies to take their street parking.  But this is quickly changing, with Calgary ahead of the curve.

Condo Living Insider

Grand Openings, Magazine Previews & More...

April 01, 2019

Winners of 2019 CustomerInsight Home Owner Mark of Excellence Awards

It was a big night for Calgary home builders as CustomerInsight handed out the 2019 Home Owner… Read more about Winners of 2019 CustomerInsight Home Owner Mark of Excellence Awards

April 01, 2019

Affordable luxury comes to Chestermere Lake

Skylar Homes to bring 58 new townhome residences to Chestermere. Read more about Affordable luxury comes to Chestermere Lake