The Calgary condo market in 2025 is shaping up quite differently from detached and semi-detached homes. While overall housing demand remains strong, condo prices and sales activity are showing more balance — and in some cases, opportunities for savvy buyers and investors. In this update, we’ll explore the latest condo price trends, highlight Calgary communities offering good value, and discuss what buyers and investors should watch out for.
Calgary Condo Prices in 2025
Condo benchmark prices are softer compared to detached homes, giving buyers more room to negotiate. According to recent stats, condos are experiencing:
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Steady inventory growth – more listings available than last year.
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Slower sales pace – creating a more balanced market.
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Stable to slightly declining prices – particularly in downtown and inner-city units.
Before making an offer, it’s important to understand what’s behind the numbers. Reviewing condo documents is essential for Calgary buyers to avoid unexpected costs and ensure the building is financially healthy.
Neighbourhoods to Watch
Certain Calgary communities are emerging as attractive for condo buyers:
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Downtown & Beltline – Softer prices, more options, especially for first-time buyers.
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Mission & Kensington – Strong rental demand, appealing to investors.
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Suburban condo hubs (like Seton & Evanston) – Newer builds with modern amenities, often priced below city-centre units.
Pros and Cons for Investors
Condos can offer strong potential, but investors need to weigh the upsides and challenges.
Pros:
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Lower upfront costs compared to detached homes.
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Strong rental demand in walkable neighbourhoods.
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Less exterior maintenance.
Cons:
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Monthly condo fees, which vary widely.
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Reserve fund risks if a building requires major repairs.
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Slower appreciation compared to detached homes.
Key Things Buyers Should Watch
If you’re considering a condo purchase in Calgary, pay close attention to:
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Condo fees and what they cover (utilities, amenities, maintenance).
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Reserve fund studies — does the building have enough savings for repairs?
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Bylaws and restrictions — especially if you’re considering renting your unit out.
If you’re still deciding whether a condo purchase fits your lifestyle, check out our guide on Renting vs. Buying in Calgary for a deeper look at which option makes the most sense in today’s market.
Investment Outlook
While detached homes have outpaced condos in recent years, Calgary condos may present a buy-low opportunity in 2025. Softer prices combined with ongoing population growth, rental demand, and affordability pressures could make condos a smart entry point for both investors and first-time buyers.
Conclusion
The Calgary condo market in 2025 is offering more balance — and more opportunities — than other housing types. Whether you’re a buyer searching for affordability or an investor looking for cash flow, understanding prices, neighbourhood trends, and condo-specific risks is key.
Thinking about buying a condo in Calgary? Contact us today for expert advice, personalized market insights, and access to the latest listings.
Posted by Ray Yang on
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