Calgary Bowness Montgomery Real Estate Home News - Blog Archive: November, 2024 | Page #2

Attention Builders and Investors!

Prime inner-city location perfect for your next development project! Whether you're envisioning a mixed-use commercial and residential building or an owner-occupied business space, this opportunity is not to be missed.

Key Features:

  • Two Adjacent Lots: Sold together, offering a combined 100 feet of frontage by 130 feet deep, totaling 13,000 sqft.
  • Zoning & Height: Allowable contextual height of 15 meters, ideal for a mixed-use development.
  • Current Revenue: Two on-site properties generating $6,300/month, making it a great income source or holding property while awaiting building approvals.
  • Location Highlights: High-visibility traffic area with transit at your doorstep, close proximity to shopping,…

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Attention Builders and Investors!

Prime inner-city location perfect for your next development project! Whether you're envisioning a mixed-use commercial and residential building or an owner-occupied business space, this opportunity is not to be missed.

Key Features:

  • Two Adjacent Lots: Sold together, offering a combined 100 feet of frontage by 130 feet deep, totaling 13,000 sqft.
  • Zoning & Height: Allowable contextual height of 15 meters, ideal for a mixed-use development.
  • Current Revenue: Two on-site properties generating $6,300/month, making it a great income source or holding property while awaiting building approvals.
  • Location Highlights: High-visibility traffic area with transit at your doorstep, close proximity to…

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Early winter often goes overlooked as a prime time for purchasing a home in Calgary, Alberta, but savvy buyers know it offers many unique advantages. Here is why you should consider making a move during this quieter season:

  1. Sellers Are Extra Motivated: Sellers with homes on the market in early winter are often more motivated to close a deal quickly—whether due to job relocations, tax purposes, or the desire to move before the holidays. This motivation can translate to better deals and flexibility on closing terms and dates.
  2. Year-End Tax Benefits: Closing on a home before the year’s end allows buyers to take advantage of mortgage interest and property tax deductions when filing taxes. There are also some lucrative tax breaks for selling at…

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Remembrance Day is Monday, November 11th.

On the 11th day of the 11th month at the 11th hour, Canadians will stop what they are doing and partake in two minutes of silence to remember those who made the ultimate sacrifice for our country.

Why this day? It marks a very important day in Canadian history: November 11th, 1918, when "the Armistice was signed and the Canadians took part in the triumphant entry into Mons, Belgium," marking the end of World War I (veterans.gc.ca). 

Remembrance Day does not only commemorate World War I; it commemorates all wars, big and small, all veterans, past and present, and all Canadians who have been affected by war in any way. It is so important to remember the sacrifice of those who have gone before us to…

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Every month the Calgary Real Estate Board releases a report detailing what has been happening in the real estate market. These reports provide valuable information to sellers, buyers, and investors alike. Real estate requires strategic decision making, so staying informed is crucial to ensure you are making the best moves possible.

Here are the highlights from The The Calgary Real Estate Board's market report for October 2024, which you can read in full by clicking here:

  • "Sales gains for homes priced above $600,000 offset declines at the lower end of the market," (CREB).
  • "As of October, 4,966 units were available, a significant improvement over the near-record low of 3,205 units reported last October" (CREB).
  • "The inventory composition…

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Check out some of the fun events happening this month in Calgary!

November 3 Daylight Saving Time Ends
November 8 Diwali Dhamaaka: Dinner and Dance Gala
November 9 The Price is Right Live
November 11 Remembrance Day
November 14 Sarah McLachlan: Fumbling Towards Ecstasy
November 16 Jerry Seinfeld Live
November 16 Bruce Springsteen and the E Street Band
November 21 Top Talent Wrestling
November 22 Locked Library: Force of Nature
November 23 A Heebee Jeebees Christmas
November 23 Shepard of The Hills Lutheran Church Christmas Tea & Bake Sale
November 29 The Candy Cane Gala
November 30 Hyprov: Improv Under Hypnosis

Let us know what you're most looking forward to in the comments below!

(Image via Canva)

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