Over the past decade, Calgary has really come into its own. A new generation of entrepreneurs have opened trendy boutiques, eclectic cafes and farm-to-table restaurants in revitalized neighbourhoods. Add in parks and walkways, family-friendly green spaces and schools, plus builds with views of the foothills or riverfront curb appeal, and you’ve got more than just location, location, location. Here are five neighbourhoods to watch in the next five years:
A central location and proximity to the city’s core don’t detract from Hillhurst’s cultural charms. Sitting adjacent to Westmount, Capitol Hill, and Sunnyside, Hillhurst encompasses the historical district known as Kensington. The area is filled with eclectic boutiques, historical buildings such as the Plaza Theatre, and patios aplenty.
Architecturally, the neighbourhood favours mid-century revivals (many homes were built for soldiers returning home from World War II) and contemporary infills over towering apartment buildings, giving it a true community feel. With nine-hectare Riley Park just a quick walk up 10th Street, plus art venues, cafes, and fine dining throughout, buyers will be hard pressed to find a more walkable community in the city.
Founded in 1875, Mission is one of Calgary’s richest historical communities. Named for the Roman Catholic mission it once housed, Notre Dame de la Paix, the area was a village before being incorporated into the city in 1907.
Today, new builds comingle with historic structures and a host of independent boutiques, restaurants, groceries, and fitness studios. Stop by popular Mexican restaurant Añejo, Italian eatery Bocce, One Cycle Spin Studio, and more. While the area has a strong urban vibe, it is bordered by the Elbow River Pathway and numerous green spaces. With trendy 17th Avenue just a short walk away, and downtown at their doorstep, many young professionals are making a permanent home in Mission.
One of Calgary’s oldest communities, Elbow Park has an upscale but peaceful reputation. The area is situated on the curving Elbow River and not far from the bustling 4th Street Mission District, where Phil & Sebastian Coffee, Mercato’s fine Italian restaurant and market, and summer’s Lilac Festival await. Its proximity to downtown Calgary makes it a perfect neighbourhood for those who commute into the city. With the final character bungalows being sold, it’ll soon feel like its own high-end hamlet.
This South Calgary neighbourhood has a bustling little business strip, neighbourhood shops and mid-century appeal. One of the best up-and-coming luxury communities in the city, Marda Loop is known for its easy access to downtown, major roadways, and designer properties.
Old growth trees line streets mixed with 1950s builds, new infills, and modern condos. Between Glenmore Athletic Park and Sandy Beach, residents will have their weekends full with tennis, picnics, softball, soccer, and off-leash areas for Fido.
Condos and townhomes rule in this dense and accessible downtown neighbourhood. Backing directly onto the Bow River, residents have instant access to riverside pathways and popular Prince’s Island Park, not to mention the nearby Peace Bridge. Buzzing during patio season with festivals, the area is popular with urban professionals and outdoor enthusiasts alike. A stroll over to the River Cafe for brunch or dinner is a definite necessity, not to mention nearby Chinatown for dim sum. New high-rises seem to be the flavour of the district, with amenities aplenty.
With character, class, and curb appeal, these five neighbourhoods are amongst Calgary’s top areas to watch for real estate in 2017 and beyond.
Considering buying a home in Calgary? View real estate listings in these neighbourhoods and more.
Photos: Jeff Whyte / Shutterstock, Inc., Sotheby’s International Realty Canada, Sotheby’s International Realty Canada, Sotheby’s International Realty Canada, Marda Loop Communities Association, Jeff Whyte / Shutterstock, Inc.