Co‑Living in Calgary: The Rise of Shared Spaces Among Young Professionals

by Justin Warthe

Co‑Living in Calgary: The Rise of Shared Spaces Among Young Professionals

Discover how co‑living spaces are reshaping Calgary’s housing market, offering affordable, community-driven living for young professionals and investors alike.

What Is Co‑Living?

Co‑living is a modern housing model where individuals rent private bedrooms or small suites within a shared residence. Common spaces—like kitchens, living areas, and workspaces—are shared, often with utilities and amenities included in rent.

Why It’s Trending in Calgary

🔹 Rising Affordability Barrier

With average one-bedroom rents exceeding $1,600, young professionals and new grads are turning to co‑living for more affordable urban living.

🔹 Evolving Work & Lifestyle

Remote and hybrid work trends are fueling demand for flexible, fully-furnished living setups in central neighborhoods like Beltline, East Village, and Kensington.

🔹 Community & Convenience

Co‑living encourages social connection and convenience. Monthly services, furnished units, cleaning, and communal events simplify life for busy tenants.

Opportunities for Investors

  • High Demand & Low Turnover: Shared spaces tend to stay rented throughout the year.
  • Premium Rentability: Co‑living suites can command higher per-bed rents than traditional studio or one-bedroom rentals.
  • Market Differentiation: Early investors can stand out by offering furnished, all-inclusive living.

What Renters Should Know

  • Leases & Privacy: Expect flexible lease lengths, cohabitation agreements, and clear shared-space rules.
  • Community Fit: Co‑living isn’t for everyone—compatibility and house-sharing etiquette matter.
  • Cost Transparency: Inclusions such as utilities, WiFi, and cleaning should be clearly itemized.

Calgary Neighborhoods to Watch

  • Beltline: High walkability and nightlife, ideal for young professionals.
  • East Village: New builds and proximity to work make this a hot co‑living hub.
  • Kensington & Sunnyside: Trendy and transit-friendly—great for creative co-living setups.

Final Thoughts

Co‑living is more than a temporary trend—it’s a response to Calgary’s shifting work culture, affordability challenges, and lifestyle needs. For savvy investors and renters alike, this shared-living model offers strong potential in 2025 and beyond.

To learn more about what Calgary’s bustling real estate market has to offer, contact the Top Calgary Real Estate Team today!

Justin Warthe
Team Lead
403-620-8746
jw@topcalgaryrealestate.com

Justin Warthe
Justin Warthe

Realtor® | Team Lead

+1(403) 620-8746 | jw@topcalgaryrealestate.com

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