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Originally Posted by blankall
A condo in the burbs seems like the worst of both worlds. The advantage of living in the burbs would be more so space, to allow for hobbies like cars, smokers, home gym, hunting/fishing equipment, etc... The freedom and space would make up for the isolation and commutes.
I guess if you no desire to pursue hobbies that require physical space and also have no desire to frequently engage in social activities, it makes sense, but why stop at Calgary? There are even cheaper condos in other cities.
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Seniors and empty nesters are the natural market for suburban condos. I live in an older suburb and there are a bunch of adult-only complexes in the community. A lot of older people like the suburbs for their quiet, familiarity, and perceived safety, but they reach a point where they need less space and they don’t want to deal with shovelling and yardwork anymore. A condo suits their needs, but the appeal of Bankview or Bridgeland would be lost on them.
A new condo and professional building complex was planned for the Oakridge co-op, clearly marketed at seniors in the area, and there was a lot of buzz about it. But the development seems to have been delayed or put on hold.