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Verified Calgary Community Review
Updated June 23, 03:25am
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Calgary has done much in recent years to counter the perception that it is dependent on the oil and gas industry. The city is becoming a more attractive option for investors and families due to its recent efforts toward diversification. Calgary is well-positioned for the next era of prosperity, thanks to recent gains made in Information Technology. Amazon recently announced it would open a cloud computing center near Calgary, which will attract billions in investment. It follows Mphasis, Infosys and other large tech companies that have established themselves within the city. Additionally, the city plans to expand in areas such as agribusiness, creative industry, and financial services. Natasha Phipps is a prominent local realtor who founded the Phipps Real Estate Group. We talked to her about diversification and what it might mean for Calgary residents and investors. “The diversification of Calgary is something that has been needed for a very long time,”Phipps said. “The benefit of diversifying is firstly, more stability. Real estate has seen the Calgary and Alberta markets as very volatile. The hope is that diversification can bring more consistency to the market.“ Although Calgary is crucial for attracting new industries, there are many benefits that could make Calgary a more attractive choice. Phipps points out the large amount of space available for office and industrial property that Vancouver has struggled to provide. Phipps also highlights the “very attractive workforce”In the city that is ready for the challenge of a shifting economic system “We’re a very young and well-educated city, with an entrepreneurial spirit. That combined with Alberta’s tax advantages makes Calgary a great home for many blooming businesses.” For Canadian’s attracted to Calgary by one of its emerging sectors, there is even better news in the area of affordability. Calgary has some of the lowest home prices of any major city. However, the province also boasts some of the highest household incomes. With all the modern amenities you would expect from major cities, but at much lower prices, Calgary has it all. “Particularly for people buying their first home, they’ve been priced out of other markets. Even if you’re a retiree, you want your money to go further. So Alberta is a very attractive market for that fact alone. You can get into a single-family house here for the price of a two-bedroom condo in other major cities.” In November 2021 the benchmark price of a condo in Vancouver was $752,800. This is significantly more than the price for a Calgary detached house, which was $542,600. Home buyers are not unaware of this disparity: Stats Canada reports that over 33,000 people moved to Alberta from Ontario and BC last year. Speaking on Calgary’s appeal to real estate investors, Phipps said that when it comes to the major economic indicators that investors look for, such as GDP and population growth, employment opportunities and infrastructure improvements, Calgary is checking all the boxes. “And you get a great renter profile here because you’re getting people who have good well-paying jobs and who are looking to get settled in Calgary but are not necessarily in a position to be able to buy. Plus, you can actually obtain positive cash flow here, which is becoming harder and harder to do in the Canadian real estate market.” Phipps claims that Calgary’s suburbs include the following: “sweet spot”Cash flow can be achieved in multiple property types, including detached houses, duplexes and multiplexes. “Another sector that has started to become interesting here again, in my opinion, is pre-sale condos. While pre-sale condos work well in an appreciation market, the Calgary condo market has been flat to negative for the past five to ten year. The tide is turning now. “So we’re starting to see presale condo construction projects make sense again. In these new developments, you can get that passive appreciation over the next four to five years while it’s being built and then have a really nice investment property at the end of that time as well.” Phipps is optimistic about Calgary’s future and expects continued market performance. Get in touch Natasha Phipps at the Phipps Real Estate Group site or join the discussion on Calgary Real Estate Investing’s Facebook page. Source: Canadian Real Estate Magazine

Calgary City Overview

Explore everything you need to know about Calgary, Alberta's largest city and a dynamic hub of economic opportunity, natural beauty, and western hospitality. Click any question below to expand the answer.

What is Calgary and where is it located?

Calgary is a vibrant, dynamic city located in the province of Alberta, Canada. Situated where the Rocky Mountains meet the prairies, the Bow and Elbow Rivers converge in the city's centre. Known internationally for the world-famous Calgary Stampede, Calgary has evolved from a frontier outpost into a modern, bustling metropolitan centre. With a population of approximately 1.4 million, it is Alberta's largest city and the third-largest municipality in Canada.

Why should I choose to live in Calgary?

Calgary offers an exceptional quality of life characterized by a strong economy, high average wages, and a relatively affordable housing market compared to other major Canadian cities. Residents enjoy more days of sunshine per year than any other major Canadian city, plus the advantage of no provincial sales tax. The city is known for its high livability, world-class events like the Calgary Stampede, and its nickname as "Cowtown," reflecting its western heritage. With the Rocky Mountains just an hour away, residents enjoy unparalleled access to world-class skiing, hiking, and outdoor recreation.

What is the neighbourhood character of Calgary?

Calgary is a diverse city with over 200 distinct neighbourhoods, each offering its own unique character. The city is divided into four quadrants: Northwest, Northeast, Southwest, and Southeast, separated by the Bow and Elbow Rivers. From the historic charm of Inglewood and Kensington to the vibrant energy of the Beltline and Mission, the luxury estates of Mount Royal and Elbow Park, and the master-planned lake communities of Mahogany and Auburn Bay, there is a neighbourhood to suit every lifestyle.

Key Green Spaces: The city boasts over 8,000 hectares of parkland, more than 1,000 kilometres of pathways and trails, and major parks including Fish Creek Provincial Park (one of Canada's largest urban parks), Nose Hill Park, Prince's Island Park, Bowness Park, and the extensive Bow River pathway system.

What education options are available in Calgary?

Calgary offers excellent educational opportunities from kindergarten through post-secondary studies.

What are the transportation options in Calgary?

Calgary has a comprehensive transportation network serving residents across the city.

  • CTrain LRT: Calgary's light rail transit system is one of the most successful in North America, with two lines (Red Line and Blue Line) serving over 45 stations and connecting to key destinations including downtown and the university.
  • Bus Network: The Calgary Transit bus system complements the CTrain with extensive route coverage throughout the city, including BRT (Bus Rapid Transit) routes like the MAX Yellow, MAX Purple, MAX Orange, and MAX Teal.
  • Road Access: The city is crisscrossed by major roadways including Deerfoot Trail, Stoney Trail (ring road), Glenmore Trail, Crowchild Trail, and Macleod Trail, providing efficient vehicle movement.
  • Airport: Calgary International Airport (YYC) is a major transportation hub, offering direct flights to destinations across Canada, the United States, Europe, and Asia.
How does the cost of living in Calgary compare to other Canadian cities?

Calgary offers a relatively affordable cost of living compared to other major Canadian cities like Vancouver and Toronto.

  • Housing: The benchmark home price in Calgary is significantly lower than Vancouver and Toronto, offering better affordability for first-time buyers and families.
  • Taxes: Alberta has no provincial sales tax (PST) and no health care premiums, leaving more money in residents' pockets compared to other provinces.
  • Income: Calgary consistently has among the highest average weekly earnings of any major Canadian city.
  • Utilities & Insurance: Competitive rates for utilities and insurance contribute to overall affordability.
What is the job market like in Calgary?

Calgary has a diverse and resilient economy, historically known as the headquarter city for Canada's oil and gas industry. Major employers include energy companies like Suncor, Imperial Oil, and Cenovus. However, the economy has diversified significantly, with thriving sectors in:

  • Technology: Calgary has a growing tech sector, earning recognition as one of Canada's fastest-growing tech hubs with companies like Benevity, Neo Financial, and Helcim.
  • Finance & Professional Services: Major banks, accounting firms, and legal practices have large Calgary offices.
  • Logistics & Distribution: As a transportation hub, Calgary supports extensive logistics and warehousing operations.
  • Film & Creative Industries: A growing film and television production industry has earned Calgary the nickname "Hollywood North."
  • Tourism & Hospitality: Major events like the Calgary Stampede and proximity to the Rocky Mountains support a strong tourism sector.

Calgary consistently has one of the highest employment rates and average incomes among Canadian cities.

What is the weather like in Calgary?

Calgary enjoys a dry, sunny climate with more than 330 days of sunshine per year.

  • Winters: Cold but often sunny, with temperatures typically ranging from -5°C to -15°C. Chinook winds regularly blow in from the mountains, bringing warm, dry air that can raise temperatures significantly above freezing, sometimes by 20°C within hours.
  • Summers: Warm and pleasant, with average daytime highs around 23°C. July is the warmest month, often reaching highs above 25°C. Summer is also the wettest season, with occasional thunderstorms.
  • Spring & Fall: Transitional seasons with variable weather, from snow in early spring to warm, sunny days in May and September.

Calgary is known for its rapidly changing weather due to its proximity to the Rocky Mountains, leading to the saying: "If you don't like the weather, wait five minutes."

What are the top attractions and recreation options in Calgary?

Calgary offers world-class attractions and year-round recreation.

  • Calgary Stampede: "The Greatest Outdoor Show on Earth" attracts over 1 million visitors annually to this 10-day celebration of western heritage, rodeo, and entertainment.
  • Calgary Zoo: One of Canada's premier zoos, located on St. George's Island.
  • TELUS Spark Science Centre: An innovative science centre with interactive exhibits and a digital dome theatre.
  • WinSport Canada Olympic Park: Site of the 1988 Winter Olympics, offering skiing, snowboarding, mountain biking, and the Skyline Luge.
  • Stephen Avenue Walk: A pedestrian-only street in downtown Calgary lined with restaurants, shops, and historic buildings.
  • Chinook Centre: Alberta's largest shopping mall with over 250 stores.
  • Nearby Mountains: Just an hour's drive to Banff National Park and Kananaskis Country for world-class hiking, skiing, camping, and wildlife viewing.
What professional sports teams are in Calgary?

Calgary is home to several professional sports teams.

Is Calgary dog-friendly?

Yes, Calgary is an extremely dog-friendly city. The city boasts over 1,000 kilometres of pathways and trails perfect for dog walking, plus over 150 off-leash parks and designated off-leash areas including Nose Hill Park, River Park, and Sue Higgins Park (one of the largest off-leash parks in Canada). Many restaurants and breweries offer dog-friendly patios, and pet stores, groomers, and veterinary clinics are abundant throughout the city.

Is Calgary safe?

While Calgary is a major metropolitan city, crime rates are relatively low compared to other Canadian cities of similar size. The Calgary Police Service is committed to community safety through proactive policing, community engagement, and crime prevention programs. As with any large city, crime rates vary by neighbourhood, with suburban communities generally having lower crime rates than inner-city areas.

Residents are encouraged to review Calgary Police Service crime statistics for specific neighbourhoods when considering a move. The city's active community associations and neighbourhood watch programs contribute to overall community safety.

What is the demographic profile of Calgary?

According to recent census data:

  • Population: Approximately 1.4 million, making it the third-largest city in Canada.
  • Median Age: 37.4 years — one of the youngest populations among major Canadian cities.
  • Median Household Income: Among the highest in Canada, significantly above national averages.
  • Diversity: Over 40% of residents identify as visible minorities, with significant South Asian, Chinese, Filipino, and Southeast Asian communities.
  • Language: English is the predominant language, but over 100 languages are spoken in Calgary homes.
  • Homeownership Rate: Approximately 70%, with a mix of single-family homes, townhomes, condominiums, and apartments.
New Calgary Community Overview Review June 23, 03:25am
Average Rating: 4.7/5
Total Reviews: 549 Reviews
Safety Rating: 5/5
School Rating: 5/5

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Safety: 5/5 - Active neighborhood watch, low crime rates

Schools: 5/5 - Highly-rated public and separate schools

Housing Market: 5/5 - Diverse options from entry-level to luxury

Commute: 5/5 - 25-35 min to downtown, multiple transit options

Family-Friendly: 5/5 - Parks, playgrounds, community events

Amenities: 5/5 - Shopping, dining, recreation facilities

Diversity: 5/5 - Mix of families, professionals, retirees

Jobs: 5/5 - Local employment centers nearby

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