REALTORS® serving Calgary and area

 

CREB Now Logo

Calgary's trusted source of real estate news, advice and statistics since 1983.

 


Stories Tagged - Knightsbridge Homes

Sue and Jason Bissonnette.
Courtesy Sue Bissonnette
News

Sept. 27, 2017 | Andrea Cox

No parking, no problem

For Sue and Jason Bissonnette, East Village condo investment was too good to pass up

Forty-somethings Sue and Jason Bissonnette love to travel and experience new things. They own vacation properties around the world, including a three-season recreation trailer at B.C.'s Moyie Lake and two timeshare properties in the Caribbean. When they're not travelling, they spend most of their time hanging out in Airdrie, where they own a two-storey, 2,000-square-foot home that they share with their two kids – a 19-year-old daughter and a 22-year-old son. Always on the lookout for new investment opportunities, the couple couldn't resist exploring the options when they were introduced to Knightsbridge Homes' N3 condominium project. They were attracted to its East Village location – steps away from the downtown core and the LRT – and the car-free lifestyle. A Car2Go membership, furniture package from Ikea and a Biria urban bicycle sweetened the deal. In the end, the Bissonnettes purchased a 498-square-foot, two-bedroom, one-bathroom condo on the 14th floor.
Peter Oliver, president of the newly established Beltline Neighbourhoods Association, said the area's walkability has fostered a stronger sense of community. Photo by Michelle Hofer/for CREB®Now
News

Sept. 07, 2016 | Alex Frazer Harrison

Pushing the parking optional concept

Builders believe buyers will eventually see benefits of sans auto

Condo buyers in Calgary's Beltline will soon see vehicle ownership as a peripheral requirement, but it will still take some time for the current mindset to change, says a developer who brought the notion of "parking optional" to Calgary.

The Beltline – which stretches from 14th Street S.W. to the Elbow River and the rail tracks south to 17th Avenue, plus the Stampede Grounds – is one of Calgary's hottest and most densified communities. And many new condo buildings, first planned several years ago, are just now starting to spring up despite the downturn.

Although the N3 development in East Village received plenty of press recently for not including parking, it was Toronto-based Lamb Development Corp.'s 6th and Tenth project in the Beltline that first brought the concept to Calgary, said president and CEO Brad Lamb.

Canada Mortgage and Housing Corp. regional economist Lai Sing Louie said many Calgary homeowners still want the freedom to come and go with a car at their disposal, and they’re willing to pay for it. Photo by Wil Andruschak/For CREB®Now
News

June 30, 2016 | Joel Schlesinger

Long live the auto

The car-less lifestyle is trending, but Calgary's housing market still driven by the automobile, say experts

Cars aren't going anywhere soon, and neither is Calgary homebuyers' desire for neighbourhoods – or condominiums for that matter – that support their automobile-driven lifestyles, say housing experts.

While much is being made about efforts to create a more pedestrian-friendly city that focuses on "vertical growth," Calgarians still very much enjoy the freedom that comes with driving an automobile. And they
want their residence — whether it's a condo, townhome or single-detached house — to support their yen for putting the pedal to the metal, said Canada Mortgage and Housing Corp. (CMHC) regional economist Lai Sing Louie.

"Most people still want parking," he said. "They want the freedom to come and go with a car at their disposal, and they're willing to pay a lot of money to afford that."

Knightsbridge Homes partner Joe Starkman 
said only 20 of N3’s 168 units are still available. Photo by Adrian Shellard/For CREB®Now
News

May 27, 2016 | Kathleen Renne

Window of opportunity

Condo developers using downturn as opportunity to build

The downturn in Calgary's economy is creating a much-needed opportunity for developers to reset and plan for the long-term, say experts, who also believe the apartment-style condominium sector stands to benefit the most.

Susan Veres, senior vice-president of strategy and business development for Calgary Municipal Land Corp. (CMLC), admits sales "have slowed" in the popular East Village community on the banks of the Bow River, but also said the timing of the current downturn is "almost fortuitous" for the up-and-coming area.

"It's serendipitous that we're actually focusing on construction this year," she said, whose company, CMLC, is wholly owned subsidiary of the City of Calgary that is currently revitalizing East Village.

News

May 06, 2015 | CREBNow

Calgary's millennials

Two young professionals living in the inner city versus suburbia

Calgarian Crystal Scriven went five years without a car until purchasing one last September.

Her deference to driving came down to her needs at the time, but also personal preference – a sentiment shared by a growing number of young adults, suggests Zipcar's annual Millennial Survey.

The survey, released last month, found 45 per cent of millennials – the most popular definition of which is someone born between the early 1980s and early 2000s – are making a conscious effort to reduce how much they drive.


Connect With Us

Contact CREB®

300 Manning Road N.E.
Calgary, Alberta
T2E 8K4, Canada

 

CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


© CREB®  |  All rights reserved