Matrix’s address carries walk score of 96 and bike score of 100!
The $25-million five-storey condo project Matrix is one of the few multi-family projects in Calgary’s southwest Mission neighbourhood being launched in the last few years.
The development at 320 19th Ave. S.W., by Mission 19 Ltd., will add 67 new homes to the popular inner-city neighbourhood. “I have a lot of faith in Mission. I like the area and the cohesiveness,” says Harold Sicherman, the developer, who has a 20-year track record of development in the neighbourhood including District which was launched in 2013.
Matrix offers a combination of one-bedroom, one-bedroomplus- den, and two-bedroom units ranging from 612 to 868 square feet. Twelve of the units are listed under the $299,990 mark, making them particularly attractive to inner-city buyers. The top floor is designed to have a penthouse feel, with those units topping out at $471,350.
“The level of luxury available as standard features make Matrix the best value in the inner city,” says Calvin Buss, president of Buss Marketing, which is marketing the project.
A big attraction for potential homebuyers is the project’s location: near the busy 4th Street S.W. and the 17th Ave.
entertainment district, as well as being only blocks away from the Elbow River and the city’s downtown core. The C-Train system is also close to that neighbourhood.
“There’s a big difference in demand and desire between the Beltline and Mission because the Beltline is a high rental district and there’s a lot of highrise towers constantly being built there,” says Buss. “The demand/supply is always going to be in favour of supply and it’s the demand that drives the price up. It’s a little closer to walk to downtown but Mission is a very safe community. About 60 per cent of our buyers at District … were single women. All our postbuyer interviews said they felt very comfortable and very safe buying in Mission.
“Mission is a residential neighbourhood and it’s quiet and has a low rental situation compared to the Beltline. It’s also very hard to acquire land in Mission. It’s also very hard to get anything approved for multi-family in Mission. That keeps the demand up.”
Owners will have heated and secure underground parking, storage, as well as separate bicycle parking and a dog wash in the parkade.
“There’s lots of parks, lots of biking … and the Repsol Sport Centre (a multi-sports complex formerly known as the Talisman Centre and Lindsay Park Sports Centre) nearby,” says Buss.
The Mission neighbourhood is also within walking distance of Calgary Stampede Park and the Saddledome.
The developer says the Matrix’s specific address gives it a walk score of 96 and a bike score of 100 on walkscore.com, making it one of the most walkable neighbourhoods around. Residents in Mission can walk to an average of 18 restaurants, bars and coffee shops in five minutes.