If you’re looking for the smartest real estate investment in Calgary and Toronto right now, look no further than Arris Residences by Bosa Development. Positioned as the most connected new address in Calgary’s East Village, Arris Residences blends luxury, affordability, and strategic location into one unmatched opportunity. Let’s break down why this project stands out in both the Calgary and Toronto markets.

Key Project Details: Quick Snapshot

Feature Details

Developer Bosa Development

Location 530 3 St SE, Calgary, Alberta (East Village)

Storeys 33

Units Available 41

Condo Fees $0.65 per sq. ft.

Retail Access 170,000 sq. ft. on-site (RioCan partnership)

Closing Timeline Quick Closings: 30/60/90 Days

Starting Price Mid $500s for 2-Bedroom Suites

Closing Costs Only $800 – virtually no hidden fees

What Makes Arris Residences a Standout Investment?

1. Ultra-Low Closing Costs with No Surprise Fees

✔️ No Development Charges

✔️ No Land Transfer Fees

✔️ No Tarion Fees

✔️ No Meter Hook-Up Fees

✔️ No Section 37 Contributions

✔️ No HST (Only 5% GST)

2. Immediate Cash Flow Potential

With starting prices in the mid-$500s and landlord-friendly policies, Arris Residences offers rental income that works right from day one. In Calgary’s rising market, positive cash flow is achievable here — a rare scenario compared to Toronto’s often negative cash flow pre-construction condos.

3. Prime Location: Calgary’s Most Connected Address

🚶 1 Block from the LRT

🚶 Direct access to the elevated +15 pathway system

🚶 Minutes to Calgary’s Financial District

🚶 Direct indoor access to 170,000 sq. ft. of retail

(Superstore, Shoppers Drug Mart, Winners, Scotiabank)

This is true walkability, uncommon in Calgary’s condo landscape.

Best-In-Class Amenities: 25,000 Sq. Ft. of Lifestyle Spaces

💪 Expansive Fitness Centre (Yoga Room, Digital Fitness Programs, Indoor Pool)

🍽️ Private Dining Room

🎉 Social Lounge

💼 Study & Conference Rooms

🌿 Lush Outdoor Terrace

Arris Residences brings luxury hotel-style amenities that rival (and often exceed) what buyers find in Toronto’s highest-end towers — at less than half the price.

Unmatched Value: Calgary vs. Toronto

Comparison Arris Residences (Calgary) Toronto Condos

Starting Price (2BR) Mid $500s $1.1M+

Closing Costs ~$800 ~$40,000+

Condo Fees $0.65/sf ~$0.75 – $1.00/sf

Rental Cash Flow Positive Often Negative

Time to Closing 30/60/90 Days 2-4 Years (pre-construction)

Strategic Timing: Calgary’s Growth Story

📈 200,000+ migrants settled in Calgary over the past year.

🏙️ Low condo inventory in new construction.

🔨 Massive East Village revitalization led by CMLC.

🏒 Future Calgary Flames arena underway nearby.

Calgary is not just growing – it’s accelerating. East Village will soon feature 11,500 residences and 300,000 sq. ft. of new retail – positioning Arris Residences at the centre of Calgary’s next chapter.

Why Investors Are Jumping In

✅ Quick Possession Units – No Pre-Construction Waiting

✅ Landlord-Friendly Framework

✅ Direct Retail Integration – Anchor Tenants Secured

✅ Low Cost of Entry Compared to Major Canadian Cities

✅ Long-Term Growth in a Booming Calgary Market

Final Takeaway

Arris Residences is the best value play on the market right now – not just in Calgary, but in comparison to Toronto’s pricing and rental dynamics. Whether you’re an investor looking for positive cash flow, a first-time buyer seeking luxury affordability, or a downsizer who values connectivity, this project delivers on every front.

Want to secure your suite?

Contact us today to take advantage of quick closings and the best pricing Calgary has to offer.