3 More Reasons to Buy a Condo in East Village, Calgary
East Village presents a rare opportunity for condo buyers to live in a newly developed community beside the heart of Calgary`s downtown core.
Today, many have signed up and are already living in either FIRST or Evolution, the first two new condos to debut in East Village, and with many more exciting projects to come there`s no telling just how awesome it will be to live in the community once finished.
From the New Central Library to the recently completed National Music Centre, there`s just so much to look forward to in EV its unbelievable!
In the mean time, here are 3 more reasons why you should consider buying a condo in East Village, Calgary. Also be sure to check out our first 3 Reasons to Buy a Condo in East Village today.
#1 – Affordability
You would think that a brand new condo community located close to the heart of downtown would come with some pretty pricey real estate – right?
On a comparable basis, a 500 square foot condo in downtown will likely cost more than a similar one found in a suburban neighbourhood such as Auburn Bay, for example.
But if you`re an urbanite looking to live in one of our city`s most polished and well-planned downtown neighbourhoods, then the value that is offered by the location is priceless.
Current starting prices for various East Village condos are seen below:
- N3 by Knightsbridge – From $199,000
- Verve by FRAM+Slokker – From $219,000
- Evolution by Embassy Bosa – From $350,000
East Village developers have had to adjust their own price expectations in today`s current market as condo sales have seen the largest decline out of all sectors while surging inventory levels push benchmark prices even lower.
There`s never been a more affordable time to buy in East Village than now! Also see our New Calgary Condo Insiders` Guide today.
#2 – In-Community Amenities
It`s incredible to think that you could live just moments away on foot from places like the National Music Centre, New Central Public Library and St. Patrick’s Island, three outstanding developments that have taken up a key role in East Village’s revitalization.
And these are just a few of the exciting amenities you`ll find in East Village once completed. Some notable others include:
- 188,000 square foot retail centre including a 30,000 square foot Loblaws City Market
- 315 room Hilton Hotel and 155 room Alt Hotel by Le Germain
- Simmons Building – Charbar / Sebastians Coffee Roasters / Sidewalk Citizen
- “The Riff” pedestrian retail walkway
- M2 Building – New restaurants to come backing out onto Bow River
Meanwhile, places like Eau Claire Market, Prince’s Island Park, Chinatown and Inglewood are reachable on foot within a matter of minutes using RiverWalk. Also see Calgaryism’s Top 5 RiverWalk Destinations.
It really doesn’t get much better when it comes to convenience and accessibility to amenities when living in East Village!
#3 – Condo Options
There isn’t just two, three or four different buildings for you to consider buying a condo at in East Village, but several options provided by both of the community’s old and new residential properties.
Some completed / up-and-coming projects include:
- Arris by Embassy Bosa
- Evolution Fuse by Embassy Bosa
- Evolution Pulse by Embassy Bosa
- FIRST by FRAM+Slokker
- VERVE by FRAM+Slokker
- Block M1 & N by FRAM+Slokker
- N3 by Knightsbridge
- The Hat (rental complex) by Cidex Developments
- Riverfront Pointe by Carlisle Group
- INK by Battistella Developments
- Orange Lofts by Battistella Developments
Each of these projects offer their own unique living experience and price point that you’ll want to consider on an individual basis if looking to buy a condo in East Village.
Questions about East Village Condos?
As a highly experienced Calgary condo expert, I promise to help guide you through every step of the buying process while providing you with all the information needed to make the best decisions.
Call me anytime at 403-370-4180 or message me below for a prompt response. I am looking forward to helping you accomplish your real estate plans!