Calgary Bowness Montgomery Real Estate Home News - Blog Archive: September, 2021 | Page #2

Welcome to a great 4 unit Bilevel style (illegal suited) 4 plex moneymaker! One owner for the last 23 years who has meticulously maintained this excellent revenue property!!


Very large Bilevel style (large lower windows) approx. 1,100 sqft. per side units, offering 2 bedrooms up and fully self-contained two bedrooms illegal suites down. (The city has relaxed their guideline to legalize these suites). Located on a huge 50x125ft M-C2 zoned lot for higher density for future development!! The lower levels are currently vacant for showing purposes and upstairs rents are low @ $970/month, on a month to month tenancy. The tenants pay the electricity and the owner pay the other utilities. There is a huge double garage plus 2 additional parking stalls.…

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And just like that, September arrived!

August was another busy month for Calgary real estate, though we did see things slow down as the spring and summer rush faded out. The market remains strong for buyers, sellers and investors moving forward. Here are some of the highlights from the Calgary Real Estate Board's monthly report:

  • "Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends."
  • "On a year-to-date basis, the eight-month total of 19,516 sales is higher than annual sales figures recorded over the past six years."
  • "The months of supply in August was nearly three months... Some improvements in supply compared to sales have been slowing price growth."
  • "As of…

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This weekend is the September Long Weekend!

Monday is Labour Day, which is a national holiday. You may be wondering, what even is Labour Day?

Office Holidays writes, "the origins of Labour Day in Canada can be traced back to a printer's revolt in 1872 in Toronto when labourers tried to establish a maximum 54-hour workweek. At that time, any union activity was considered illegal and the organizers were jailed. Protest marches of over 10,000 formed in response. This eventually led to the Prime Minister Sir John A. Macdonald repealing the anti-union laws and arranging the release of the organizers as well. The parades held in support of the Nine-Hour Movement and the printers' strike led to an annual celebration. The date was officially declared as…

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Very, VERY rare opportunity to purchase 100ft frontage (almost 1/3 of an acre) on beautiful Bow Crescent!!!! Amazing mature treed, 100ft x 127ft south rear-facing, corner lot!!!

Long time ownership by one family. Two deeded separate lots are currently on one title. Current zoning is R-C1 but has the potential to be re-zoned considering the "Main Streets" initiative...... Currently, there is an older story and half character home in need of TLC on the property, but the highest and best use for this property is to subdivide and re-build. Across the street are the Bow river properties backing onto the Bow river that are priced well over one million dollars making this an excellent redevelopment opportunity! Several new homes are under…

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