As one of the oldest communities in Calgary, Bankview has a long and interesting story to tell. Bankview’s story starts with William Nimmons who arrived in Canada in 1863 from England and bought a wool factory, worked with a survey party in 1869, and was even imprisoned at Winnipeg before settling in Calgary. In 1882, William Nimmons bought land in Calgary from the Hudson’s Bay Company to establish a ranch. He operated the 3 D Bar Ranch and opened a sandstone quarry on the present 17th Avenue.
Fast forward 20 years later, the economic boom of 1902 leads to a shortage of housing and Nimmons is suddenly sitting on prime land that is highly demanded. He goes into real estate development, which marked the conception of the modern-day Bankview. Six years later, Nimmons had divided most of the land into plots and sold it to newly-rich settlers in Calgary. Bankview officially became a community in 1908 when the city of Calgary purchased the rest of the land from Nimmons for urban development. The community transformed significantly in the 1950s with the introduction of larger apartments, major renovations, and amenities. Now, Bankview is more than just another residential neighborhood in the southwest quadrant. It is an architectural masterpiece that blends the past and the new seamlessly. You just have to explore Bankview to understand Calgary’s past, present, and a peek into the future.
Bankview community has matured for over 100 years into one of the most vibrant neighborhoods in the Inner City’s Beltline district. If you’re looking to live where the action is, buy a condo in the Bankview community. Bankview homes for sale strike the perfect balance between 21st-century modernity and the old-is-gold heritage and prestige. It offers a mix of heritage homes, modern condos and apartments, and infills that capture Calgary’s journey from the 1880s to the 21st century. Just like in the 1880s, Nimmons’ resilience is profoundly dominating in the northeast corner of Bankview. The home he built in 1884 was turned into a heritage building that stands out from the rest in terms of history and architectural design. The 21st century Bankview offers more than you can consume in one sitting.
Houses for sale in Bankview offer a unique opportunity to live in an architectural wonderland and soak in its rich history from within. The diversity of the properties for sale means that there is something for everyone. Whether you seek single-family homes, luxurious San Francisco-style condominiums, or affordable condos, apartments, and townhouses for sale, Bankview can meet your needs. Over the years, the number of condos and apartments have increased in Bankview to cater to the influx of renters. A survey found that around 80% of Bankview properties are rentals. You can buy one of the premium properties for sale in Bankview to rent.
The community not only offers a variety of houses for sale that you can rent out but also has a high demand for rentals. You can invest in cash flow properties for sale in Bankview today and start earning by tomorrow. No matter how you look at it, the ever-increasing number of renters in Bankview makes it the perfect community to invest in. Now is the time to buy your dream home in Bankview. Get in touch with Top Calgary Real Estate today!