Information to Include With Your Downtown Condo Search

• Preferred Downtown or Inner City Calgary communities.
• Approximate purchase price range.
• Preferred number of bedrooms and bathrooms.
• Minimum interior living area where relevant.
• Parking requirements and number of stalls.
• Storage-locker requirements.
• Balcony, patio or outdoor-space preferences.
• Preferred floor level or exposure where important.
• Building amenity preferences.
• Maximum condominium fee where applicable.
• Pet or rental considerations where relevant.
• Preferred possession timing.

Buying a Downtown Calgary Condo?

A central Calgary condo purchase involves both the individual unit and the condominium corporation. Depending on the building and documents available, buyers should consider reviewing:

• Current condominium fees and what they include.
• Condominium bylaws and rules.
• Reserve-fund study and available reserve-fund information.
• Financial statements and budgets.
• Condominium corporation insurance information.
• Recent board and owner meeting minutes.
• Planned repairs and capital projects.
• Current or proposed special assessments.
• Parking and storage ownership or assignment.
• Pet and rental restrictions where applicable.
• Renovation and alteration requirements.
• Condition of the individual condo.
• Total monthly ownership costs.

Compare the Unit, Building and Location

Downtown condos with similar asking prices can differ substantially in floor plan, building age, fees, parking, storage, amenities and location within central Calgary. Buyers should also consider the unit’s position within the building, including floor level, exposure and proximity to elevators or other common areas.

The specific address can also affect commuting patterns, access to transit, shopping, recreation and other regular destinations, so Downtown and Inner City Calgary properties should be compared individually rather than treated as one uniform market.

Selling a Downtown Calgary Condo?

Sellers can provide the property address along with information about the unit size, bedroom and bathroom configuration, parking, storage, balcony or patio, renovations, condominium fees and notable building features.

Pricing should consider relevant recent sales together with current Downtown and Inner City Calgary condos that buyers are likely to compare with the property. Building, floor plan, condition, parking and condominium costs can all affect how closely another sale compares.