Zoocasa.com survey says residents in many communities can feel car-dependent

Mario ToneguzziA report by tech-driven real estate brokerage Zoocasa.com says that when it comes to picking the right neighbourhood to live, Calgarians have a wealth of choice.

The choices vary from walkable neighbourhoods along the south of the river to new builds in emerging suburbs.

The company said the city offers great options for a variety of lifestyles.

“However, one major consideration for buyers of Calgary real estate is commute time – many communities, especially in the further reaches of northern quadrants, can feel car-dependent, especially for those who trek into the downtown core on a regular basis.

“Those who can’t make the daily drive, or prefer not to, have the option of taking the CTrain, the city-wide light rail transit system operated by Calgary Transit. But how much can buyers expect to pay to live within easy reach of their closest station?” ask the report.

The report collected the average 2019 sold prices for houses and condos within an 800-metre radius (roughly a 10-minute walk) of all 45 CTrain stations.

The report says sold prices were sourced from the Calgary Real Estate Board for the period between Jan. 1 and April 30.

Top five most affordable CTrain stops for houses

  1. Rundle: $248,750
  2. Franklin: $285,750
  3. Marlborough: $295,667
  4. Whitehorn: $308,500
  5. McKnight-Westwinds: $316,400

Top five most expensive CTrain stops for houses

  1. 1Sunnyside: $1,108,750
  2. 69 Street: $926,641
  3. Banff Trail: $808,806
  4. Sunalta: $806,942
  5. Downtown West / Kirby: $776,125

Top five most affordable CTrain stops for apartments

  1. Somerset-Bridlewood: $199,214
  2. Crowfoot: $206,125
  3. Anderson: $210,639
  4. Sunalta: $210,971
  5. 39 Avenue: $217,000

Top five most expensive CTrain stops for apartments

  1. 4th Street: $498,509
  2. 6th Street: $491,893
  3. 3rd Street: $474,909
  4. 7th Street: $423,164
  5. 1st Street: $399,400

– Mario Toneguzzi for Calgary’s Business


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