Introducing The Kenten: The Future of Real Estate Investments in Calgary
For this week’s preconstruction spotlight in Alberta, we are bringing the perfect balance between lifestyle and luxury with the Kenten condo’s in Kensington Calgary.
The Kenten is a groundbreaking preconstruction condominium project set to redefine luxury living in Calgary’s desirable Kensington neighbourhood. This development isn’t just a promise of an upscale lifestyle; it’s a golden opportunity for savvy investors looking to capitalize on the booming Calgary real estate market.
Here are some project highlights:
Developer: Sable Group of Companies Address: 100 10A St NW, Calgary Occupancy: 2026 Pricing: Starting From The $1 Millions Storeys / Suites: 9-Storeys / 50 Suites Suite Types: Two Bedroom – Three Bedroom + Den Suites Suite Sizes: 1,115 sq ft – 4,715 sq ft Deposit Structure: $10,000 for Reservation Agreement (Fully Refundable) // 10% After Firm Sale // 10% After Developer’s Finance Condition
Overview of the Kenton Condos Coming to Kensington
The Kenten emerges as Calgary’s newest and most exciting condominium development, ideally located in the vibrant and highly sought-after Kensington neighbourhood. Situated at the strategic intersection of 10 St NW & Memorial Dr NW, The Kenten promises a living experience that combines urban convenience with modern luxury.
Residents of The Kenten will enjoy easy access to a rich array of amenities, with over 200 restaurants, cafes, and essential urban services just a short walk away. This prime location ensures that daily life is not only convenient but also filled with diverse culinary and shopping experiences.
In addition to its vibrant local scene, The Kenten offers excellent connectivity to the wider city. Positioned just minutes from numerous Calgary Transit bus routes and the Sunnyside CTrain Station, residents can effortlessly access various parts of the city including Downtown Calgary. This makes commuting for work, education, or leisure both quick and convenient.
Outdoor enthusiasts will also find The Kenten’s location ideal. The proximity to Bow Landing Park and the scenic Bow River offers a perfect blend of urban living and natural beauty, providing residents with ample opportunities for outdoor activities and relaxation.
In summary, The Kenten is not just a residence; it’s a gateway to the best that Calgary has to offer, combining convenience, luxury, and access to a thriving urban environment and natural beauty.
Why The Kenten Condo’s in Kensington Calgary?
The Kenten, a creative blend of the names Kensington and Tenth, represents not just a building but a milestone in Calgary’s urban development. This mixed-use, eight-story marvel is designed to offer an exclusive collection of 50 luxury homes. These residences are notable for their expansive 70-foot frontages, featuring 22 feet of retractable glass curtain wall. This innovative design element allows for a seamless integration of the living areas with generous outdoor terraces, crafting what the developer, Sable Group of Companies, describes as “bungalows in the sky.”
A Cornerstone of Calgary’s Urban Landscape
“This is the most interesting corner in Calgary, so we spent some time unpacking what that really means,” says Sam Boguslavsky, founder of Sable Group of Companies. He emphasizes the location’s significance as a vital gateway in all cardinal directions and the desire to create something truly unique.
The site, currently known as Kensington Gate, was acquired by Boguslavsky and his wife, Loranne, the company’s vice-president, back in 2001. The couple was captivated by the community’s European-like charm and lifestyle, which resonated with their personal tastes and aspirations. “When we bought it, we knew that there was something really special here, because the community itself resembled Europe and resembled the lifestyle that Loranne and I really enjoy. We create things that we could see ourselves enjoying and want to bring them to others,” Boguslavsky shares.
Why Invest Early in Preconstruction Condos Like The Kenten?
Investing in The Kenten offers a multitude of benefits, making it a standout choice for those seeking a lucrative Calgary investment opportunity:
Prime Location for High Rentability: The Kenten’s location in Kensington is a major draw for potential renters. This neighbourhood is a hub of activity with over 200 restaurants, cafes, and urban amenities, ensuring a high demand for rental properties. The proximity to key transit routes and the downtown core further enhances its appeal, making it a top choice for a wide range of renters, from young professionals to families.
Early Purchasing Opportunity in Preconstruction Investments: As a preconstruction project, The Kenten offers investors the unique advantage of getting in at the ground level. Early investors in preconstruction projects like The Kenten often enjoy lower initial prices, with the potential for significant appreciation as the project nears completion. This early investment can lead to greater returns compared to buying post-construction.
Long-Term Appreciation Potential: Calgary’s real estate market is poised for growth, with predictions of population increases driving the demand for housing. Investing in The Kenten places you in an advantageous position to benefit from this upward trend.
A Diverse and Growing Tenant Base: Kensington’s dynamic nature attracts a diverse group of residents. The neighbourhood’s blend of cultural, recreational, and educational amenities makes it an attractive locale for a varied tenant base. This diversity ensures a consistent rental market for your investment.
Quality and Expertise of Sable Group: With Sable Group’s longstanding reputation in Calgary’s real estate sector, investors in The Kenten can be assured of quality and professionalism. Their commitment to enhancing community landscapes promises a development that’s not only aesthetically pleasing but also functional and sustainable.
The Advantages of Investing in Alberta’s Real Estate Market
Alberta, and particularly Calgary, stands out as a lucrative real estate investment destination for several reasons:
Strong Economic Growth: With its booming economy, largely driven by oil production and a burgeoning tech sector, Alberta offers a stable and growing economic environment that supports real estate appreciation.
Population Surge: Calgary’s rapidly growing population, driven by its economic prospects, ensures a continuous demand for housing, making it an attractive market for rental and resale investments.
Favorable Tax Environment: Alberta’s investor-friendly tax policies, including the lowest tax rates in Canada and no provincial sales tax, make it an ideal location for maximizing investment returns.
Infrastructure Development: Government investments in infrastructure and the absence of development charges in Alberta make real estate investments more profitable compared to other Canadian markets.
Diverse Market Opportunities: Calgary’s diverse economy, ranging from oil and tech to education and healthcare, attracts a wide range of renters and buyers, offering investors various market segments to target.
Why Kensington Calgary and Why Now?
The Kenten’s location in Kensington is strategic. With over 200 restaurants, cafes, and essential amenities within walking distance, plus easy access to transit routes, this neighbourhood is highly attractive for both renters and buyers. The Kensington area is not just a place to live; it’s a lifestyle choice, promising a vibrant urban experience that appeals to young professionals, families, and students alike.
The Kenten: A Smart Investment for a Bright Future
With prices starting from the $1 Millions, The Kenten represents a compelling investment opportunity in one of Calgary’s most sought-after neighbourhoods. Its combination of luxury living, strategic location, and the promise of Calgary’s economic growth makes it an unmissable opportunity for investors looking to expand their portfolio with a property that promises appreciation in value and appeal.
Josh Clark
Joshua is a licensed real estate professional who has marketed and help sell some of the biggest developments in the World. From Tortuga Bay in Los Cabo, to Q Towers in Toronto Canada and countless others, Joshua specializes in finding the perfect buyer for new build investments.
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Are new homes being built?
Yes, new homes are being built in Alberta. With a variety of pre construction projects in Calgary and Edmonton, buyers have a range of options from condos to detached homes. In Calgary, projects like Autumn at University District and The Kenten offer new homes for interested buyers, while Glenridding Ravine Townhomes and Fireside Duplex in Cochrane are some of the projects in Edmonton. Prospective homeowners can explore these options for new builds in Alberta.
Are there smaller homes new for sale in Dripping Springs?
Yes, there are smaller new homes for sale in Dripping Springs. These homes offer a range of amenities and features suited for different needs. Contact us for more information on available properties in Dripping Springs.
Do new home construction costs come down?
New home construction costs can fluctuate due to market conditions, materials, and labor costs. However, with advancements in construction techniques and technology, there may be opportunities for cost savings over time. Adapting to market changes and innovations could potentially lead to reductions in new home construction costs.
Are new home prices falling?
New home prices in the region are showing a slight decrease recently, with some properties offering good value for buyers. It's a great time to explore the market for potential savings and investment opportunities.
Do new home builders offer incentives?
New home builders often offer incentives like price discounts, upgrades, or closing cost assistance to attract buyers and boost sales. These incentives can vary based on the builder and the specific development, so it's advisable to inquire directly with the builder to learn about current offers for new home purchases.
Are new construction home prices negotiable?
In general, new construction home prices may be negotiable, but the extent of negotiability can vary depending on market conditions, the builder's policies, and other factors. It's advisable to work with a real estate agent who can help navigate negotiations for the best possible outcome.
Can you negotiate sale price on new construction homes?
Negotiating sale prices on new construction homes can be possible, depending on the builder's policies and market conditions. Some builders may be open to negotiation, while others may have set prices. It's essential to inquire about negotiation options and work with a real estate agent to navigate the process effectively.
Are new homes still being built?
Yes, new homes are still being built in Calgary. Various preconstruction projects offer condos, townhomes, and detached homes with move-in dates ranging from 2024 to 2026. These projects cater to different budgets and offer a range of amenities, making new home buying options available for interested buyers.
Are new home sales slowing down?
New home sales may be showing signs of a slowdown, with data indicating a shift in demand. Various factors such as market trends, economic conditions, and supply levels contribute to fluctuations in sales activity. Monitoring these indicators is crucial for understanding the current state of new home sales.
How many new homes were built in Calgary?
There is no specific number provided for how many new homes were built in Calgary in the given content. The content focuses on the availability and details of various new homes, but it does not give an exact count for the total number of homes built in Calgary.
Do new homes appreciate faster?
New homes typically appreciate faster due to modern features, energy efficiency, and location attractiveness. However, factors like market conditions and maintenance also impact appreciation rates.
Are new developments a good investment?
While investing in new developments can offer potential benefits like modern amenities and customization, one must carefully consider market conditions, location, and long-term value to determine if it's a good investment. Conduct thorough research and consult with real estate professionals before making a decision.
Can new homes have wood-burning fireplaces?
Some new homes can have wood-burning fireplaces, but it depends on local building codes, environmental regulations, and the preference of the homebuyer or builder. It's essential to check with the specific builder or developer to see if wood-burning fireplaces are an option in their new homes.
How do real estate developers finance new construction homes?
Real estate developers typically finance new construction homes through a combination of equity, loans, and pre-sales. They invest their own money (equity) into the project and secure construction loans from lenders. Developers may also sell pre-construction homes to buyers, using those funds to cover construction costs.
Are new home prices going down?
In the current market, new home prices are relatively stable and not showing a significant downward trend. Buyers seeking new homes may need to consider this factor when making purchasing decisions.
How are new homes marketed in Calgary?
New homes in Calgary are marketed through various channels, including online listings, real estate websites, social media platforms, and real estate agents. Developers use digital advertising, property tours, and incentives like VIP access to draw potential buyers. These marketing strategies help showcase the features and benefits of new homes to attract interested parties.
Are energy-efficient features common in new homes?
Energy-efficient features are increasingly common in new homes, adding sustainability and cost savings. Technology like solar panels, efficient insulation, and smart home systems are prevalent, aligning with eco-conscious demands and modern preferences for energy-conscious living.
What are the latest trends in new home design?
Sleek kitchen designs with efficient layouts, spa-like bathrooms, and open-concept living spaces are trending in new home design. Home automation for convenience, sustainable materials for eco-friendliness, and incorporation of outdoor living areas for seamless indoor-outdoor flow are also in demand.
How does the new home buying process work?
In the new home buying process, buyers can search for properties by price, amenities, or features. They can view project details, access VIP incentives, and contact agents for more information. Preconstruction homes offer various move-in dates, giving buyers options to plan their investment.
Is landscaping included with new Calgary home purchases?
Landscaping inclusion varies by developer for new Calgary homes. Buyers should inquire about landscaping details directly with the builder or in the purchase agreement.QtCore.
What warranties come with a newly constructed home?
Newly constructed homes typically come with warranties such as a structural warranty, which covers the foundation, load-bearing walls, and framework; a workmanship warranty for up to a year on labor and materials; and warranty provisions for major systems like plumbing, electrical, and HVAC varying between one to ten years.
Do Calgary builders provide customization options for homes?
Calgary builders typically offer customization options for homes, allowing buyers to tailor aspects like finishes, layout adjustments, and sometimes even floor plans to suit their preferences. It's common for builders to work closely with buyers during the pre-construction phase to accommodate customization requests within the development guidelines.
What are Calgarys most popular new home communities?
Calgary's most popular new home communities include Seton, Silverton, Belmont, and Eau Claire. These areas feature a range of new construction projects, including townhomes, duplexes, and detached homes. With numerous options and incentives available, these communities are top choices for homebuyers seeking new homes in Calgary.
How long does it take to build a new home?
The timeline to build a new home varies depending on the size, complexity, location, and other factors. On average, constructing a new home can take anywhere from three months to a year. Factors such as permitting, weather conditions, and design changes can impact the timeline.
Can buyers visit new homes under construction?
Buyers generally can visit new homes under construction, but it's wise to check with the builder or developer beforehand to ensure safety and access. Site visits offer insights into the progress and quality of the construction before completion.
Are smart home features standard in new homes?
In new homes, smart home features are becoming increasingly standard due to evolving technology and consumer demand. Builders often include amenities like smart thermostats, lighting, security systems, and appliances to attract buyers looking for modern conveniences and energy efficiency.
What are the property tax rates for new homes?
Property tax rates for new homes vary based on the location and property value. It is advisable to check with the local tax authority or the municipality where the new home is located to determine the specific property tax rates applicable. These rates can differ significantly between areas and may be subject to change annually.
Do new homes come with appliances included?
In general, new homes typically do not come with appliances included. However, some builders may offer appliance packages or incentives, so it's essential to check with the specific builder for details on what is included in the new home purchase. Always verify with the builder or sales representative for accurate information regarding appliances in new homes.
Are there eco-friendly new homes in Calgary?
Yes, there are eco-friendly new homes in Calgary. These homes are built using sustainable materials, energy-efficient systems, and environmentally friendly practices to reduce their impact on the environment. Developers in Calgary are increasingly incorporating green building techniques and features into new home construction to meet the growing demand for eco-friendly housing options in the city.
How do interest rates affect new home sales?
Interest rates directly impact new home sales by influencing affordability. When interest rates are low, buying becomes cheaper, increasing demand for new homes. Conversely, high-interest rates can deter buyers due to higher mortgage costs, potentially slowing new home sales. Factors like the economy and lending policies further shape this relationship.
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