Anyone looking to get into a new apartment condo in Calgary these days are in luck! There are more new opportunities already available and more coming to the market in 2026.

The Canada Mortgage Housing Corp. (CMHC) says in its 2026 outlook that Calgary saw a boom in new housing development with record starts in 2024 and 2025 that added more than 50,000 new units to the market, much of it in multi-family rental.

Though it may seem that there is an oversupply, the CMHC notes that absorption currently remains strong so those looking for a drop in prices might still have a long wait. So, whether you’re looking for a downtown tower, an inner-city mid-rise or a four-storey lifestyle connected condo in the suburbs, Calgary has plenty to offer.

More developers join the fray

In the early 2000s, condo developers from Ontario and BC were flocking to Calgary to take advantage of its strong markets, that was when many of the condo towers in the East Village and the Beltline sprung up. The market has since steadied and for a long while it was left mostly to local developers – Logel Homes and Truman chief among them. But times are again shifting and more new condo developers are coming in.

Crystal Creek Homes will soon unveil their Black Birch Heights apartment condos in the dynamic new community of Taza Park, Trico Homes will have their Summit Condos this spring in Wentworth also in the southwest, both builders are relative newcomers to the apartment condo scene.

“This is important in today’s market. We’re seeing strong demand for more attainable, affordable, low-maintenance housing options, particularly from first-time buyers, downsizers, and people who want to be part of a vibrant, amenity-rich community without the responsibilities of a detached home,” says Crystal Creek Homes Marketing Manager, Karla Takasaki.

The multiple-award-winning Logel Homes has a dozen condo and townhome developments going on in the city and in Canmore, the newest of which is Meridian in the southeast community of Seton.

Their Waterside at Mahogany is also a prime example of their winning approach as its popularity stems from its location just steps away from the bustling Mahogany Village Market and Auburn Station Shopping centre. Easy access to the 64-acre Mahogany Lake, the biggest in Calgary, is the cherry on top. With 21 exquisitely designed floorplans to boot!

While Partners, which also just recently joined the apartment condo development game, has tasted success with their initial development of Lawrie Park in Okotoks (which is nearly complete), and just recently started their new luxury condos in Upper Greenwich in the northwest, called Vintage.

“In general, the market is oversupplied, primarily due to purpose-built rentals, but there are great for-sale options,” says Logel Homes Director of Sales and Marketing, Reilly LePage.

“What will carry the day and where builders will actually obtain sales despite increased competition is: Grade A-locations and immense value properly communicated. Think of it as operating with the right formula of location, competitive pricing, quality, great floorplans, and strong interior design,” he tells NextHome.

Tips for the apartment condo buyer

Apartment condos are a great place to start your homeownership journey, invest, or right-size due to the ease of maintenance, consolidation of bills/payments. Single-level living in a shared community setting is a smart, affordable way to get into the homeowning market.

“For many buyers, a condo is the most accessible and empowering first step into homeownership,” says Ryan Hall, Director of Marketing at Partners Development Group. “With low maintenance living, predictable monthly costs, and professionally managed buildings, condos allow new homebuyers to focus on the lifestyle they want and not the upkeep. It’s a way to start building a better life with confidence and long term value.”

“An apartment condo is the perfect stepping stone into homeownership,” adds LePage. “It allows you to build equity while learning the ins and outs of owning a property, all at a lower entry cost compared to detached homes.”

LePage points out that what buyers should look for in a condo apartment developer is a proven track record.

“In this market, customers want a builder with a great track record because they have the power to choose - Not everything is about price. Sales will still happen, customers will take their time choosing, which is smart, and builders will need to rise to the occasion. On top of all that, a professional and customer-focused sales team will be more important than ever to communicate value to prospective buyers.”

Hall agrees. “Buy from a reputable developer, and buyers should take some time to understand how the condo board and operating budget function, because that’s what guides the long term health of the building.”

He adds that a well run, professionally managed board offers transparency and helps maintain stability over time, something that can make a big difference in overall ownership experience. “It’s also helpful to consider the building’s age, reserve planning, and upcoming maintenance. New construction often provides an advantage here, as the building is at the very beginning of its life cycle, reducing the likelihood of major repairs early on and giving owners more predictability.”

Also consider the amenities in the project. “The pools, gyms and public gathering rooms can be a nice touch, but they often sit empty and they most definitely bloat your condo fees. Just know you’re paying for that ongoing,” Hall says.

Fitting the condo lifestyles

Reilly says Logel Homes focuses primarily on end-users rather than investors for their homes. “We focus on connecting with folks who are actually going to live in the home. This means our buyers, particularly this year, are first-time homeowners and right-sizers.”

He says first-time buyers appreciate the support the Logel team provides as they navigate homeownership. “Things like condo fees take some of the pressure off navigating utility, insurance, and maintenance challenges.”

Right-sizers love that they offer floor plans that are comparable in size, but far more functional than the bungalows most come from, LePage says. “Main “wants” for both are the convenience of our locations, where walkability to amenities is critical to their enjoyment of their new home. They both like to put their own stamp on their space through our interior design options - It’s a key differentiator for them.”

Hall says they are similarly seeing see a wide range of homeowners choosing condo living. “With Lawrie Park in Okotoks, it’s a lot of downsizers mixed in with first time buyers that want comfort and connection. Our newest offering, the Vintage in Upper Greenwich blends these demographics even more,” he tells NextHome.

“What they consistently appreciate is the balance of flexibility and simplicity. Larger layouts with dens or adaptable spaces support the way people live and work today, while the lock and leave convenience gives peace of mind.”

Crystal Creek’s Black Birch Heights represents a natural next step in the evolution of Taza Park, both in terms of location and the type of housing we’re bringing to market. “From a location standpoint, Taza Park is uniquely positioned on Tsuut’ina Nation, immediately adjacent to southwest Calgary with direct access to the ring road network,” Takasaki says. “This puts residents within minutes of downtown while still offering a setting that is deeply connected to nature, with views of the mountains and river valley, extensive green space, and a strong cultural foundation.” More information at crystalcreekhomes.ca.

New from Logel homes

Logel Homes is welcoming 2026 in style, notching 20 nominations at this year’s BILD Calgary Region Awards. Their latest development in Seton aims to continue their winning ways.

“Meridian Seton is our third development in this community. It’s off to a great start as it’s the epitome of “location, location, location”, being in the heart of Seton. We’re steps from Market Street, South Health Campus, grocery stores, restaurants, and the YMCA,” LePage says.

Prices start at $199,900 + GST for a 1 bedroom and 2 bedrooms start at $269,900 + GST. “The popularity shows in that we’re seeing a lot of repeat buyers, and the Seton team is on track to be one of our top-selling condo teams, as they were last year. Go say hi to Scott, Madisson, and Maya at our Sales Center!” Find out more atlogelhomes.com.

Latest from Partners Homes

If location is key to success for an apartment condo development, then Partner’s latest, The Vintage by Partners in Upper Greenwich has a fantastic head start.

“Our newest condo focus is The Vintage by Partners in Upper Greenwich, a vibrant and growing community in northwest Calgary. Interest has been strong, especially in our spacious condo designs and the proximity to the Farmers Market and the shops around Greenwich,” Hall says.

“It’s a very happening place to be! Construction on our first building begins this spring and the community is really starting to take shape. Buyers tell us they value the balance of location, connection, and everyday livability that Upper Greenwich offers. It’s a place where people can settle in, enjoy great connection and amenities with reasonable pricing as well, with – 1 bedrooms from the $240s and 2-bedrooms from the $340s.”

The Vintage will be comprised of 270 residences distributed across four elegant five-story buildings. The buildings are wood-frame construction with a concrete topper between floors to enhance soundproofing and minimize noise transfer. More information at partnershomes.ca.