Real Estate | Page #37

Real Estate

Long time owner selling a special property on a massive corner lot in a secluded area of Bowness. Across from the hillside escarpment, close to the Bow river and bike paths.

The house is currently rented by a family member and is cooperative with showings but requires 24 notice for showings. Upstairs features two bedrooms and nice hillside escapement views from the living room. The lower level is virtually unspoiled(only one bedroom) and is ready for your own development(unusual for this age of property) this could be possibly suited(a development permit would be required and or approvals, permitting from the city to legalize the suite) featuring large bi-level windows! Bonus is a huge 22x18ft double garage!! Hurry on this one priced to…

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In 2013 when flooding ravaged our beautiful city, the Calgary Stampede released their new slogan for the year: "come hell or high water." In a lot of ways the onset of Summer 2020 has felt similar to 2013, as COVID-19 continues to impact our city. There is a sense of fragility, weariness, and uncertainty about what is to come. People are wondering how as a city--and a world--we will ever come back from the ways this pandemic has impacted us politically, economically, mentally and physically. However, just like in 2013, Calgarians are standing strong, come hell or high water.

In 2020 we have seen and experienced unimaginable suffering. We have also seen and experienced inspiring heroics and hope. The City of Calgary has pulled together to make sure…

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Welcome to the best of the best locations in Point McKay! A rarely available, River-facing unit with huge windows, offers a tranquil and peaceful setting right off your own huge back deck!

This unit is in the heart of the inner city and backs directly onto the Bow River greenspace and the regional walking and bike path system with access directly off your deck! Enjoy the Tennis Courts as well as Edworthy Park just across the pedestrian bridge. It’s a quick 6 minute commute to downtown, shopping centers and a short walk two hospitals. It on a short bike ride to downtown rght from your door step. This spacious 3 bedroom, 2.5 bath unit comes with fantastic views, all appliances & a heated garage is just waiting for your personal touches to become your…

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Buyer can still choose some their finishing and this why the builder has listed them now to give the opportunity for buyer to choose some of their own finishing choices.

**Please take care when showing these units as they are both active constructions sites!!!**
The interior pictures are for another finished unit in the same area and is a very similar floor plan as this unit and can viewed at 4921 21 Ave NW as well! Very bright corner unit! $12,500 appliance package from Trail appliances

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Buyer can still choose some their finishing and this why the builder has listed them now to give the opportunity for buyer to choose some of their own finishing choices.

**Warning this house is under construction and measurements are taken from plans**
**Please take care when showing these units as they are both active constructions sites!!!**
The interior pictures are for another finished unit in the same area and is a very similar floor plan as this unit and can viewed at 4921 21 Ave NW as well! Very bright corner unit! $12,500 appliance package from Trail appliances

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The Calgary Board of Real Estate released their May 2020 market statistics summary. Here are some of the highlights:

  • "May sales totalled 1,080 units, a 44 per cent decline from last year’s figures."
  • CREB® chief economist Ann-Marie Lurie says, "the initial shock of COVID-19 and social distancing measure is starting to ease. This is bringing some buyers and sellers back to the market. However, this market continues to remain far from normal and prices are trending down. Activity has also shifted toward more affordable product, which is likely causing differing trends depending on product type and price range.”
  • "Sales are down in all price ranges, but a greater share of sales are priced below $500,000... The shift in sales toward lower-priced…

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Be prepared to be wowed!! Please view the 3D tour & legal survey(RPR) in supplements.This estate legacy river property is the first time offered for sale!! Secluded very private and exclusive lot offers over a full acre 72x562ft deep lot backing onto the high water mark(no bike paths behind you) of the Bow river & Bowmont Park beyond.

The solidly built sprawling well preserved ranch style bungalow features 3 bedrooms, 2 1/2 baths, formal dining room, large great rm c/w gas fireplace and a separate family rm upstairs. The lower level is basically undeveloped featuring a massive 49ft long recreation room & sauna. Patio doors lead you to a very private patio & then down to your own secluded ravine fire pit area, its an amazing outdoor playground…

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As the economy is preventing more buyers from owning their own home during these unprecedented times, many are turning to rentals for a place to live. Despite facing their own challenges, landlords in Calgary, Alberta are hoping to capture this market. 

Being a landlord is a fantastic side-business to have, because it allows you to make the most out of the property (or properties) that you own. Renting out space to a tenant is an excellent way to pay off your mortgage, make extra money for other endeavors, and keep your property occupied and, hopefully, well looked after. There are downsides to being a landlord too, but here are three tips for renting out your home: 

  1. First you need to make sure that the space you want to rent is habitable.…

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**Attention investors** Tenants are in place and are on leases until next year!! Current rents are $900 plus 60% utilities upper and lower is $600 plus $40% utilities.

Three bedroom Bilevel 1/2 duplex plus a lower illegal one bedroom suite down. Very quite crescent location backing onto a natural hillside reserve. No condo fees and rents go right into your pocket after taxes and insurance. Close to all amenities and transportation. 3 schools are within a short walk. Two hospitals and U of C are five minutes away, a short commute to downtown and easy access west to the mountains! Priced for an immediate sale!

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The Calgary Real Estate Board has released the Calgary housing market statistics for the month of April. The biggest takeaway is that coronavirus put everything on hold, including the real estate market. Here are some highlights from the Calgary Real Estate Board’s report:

“April sales hit 573 units, a decline of 63 per cent over last year… Sales activity eased across all price ranges, but the largest declines were for homes priced above $600,000. New listings this month totaled 1,425 units, a decline of 54 per cent compared to last year. Inventories also declined, but with 5,565 units available, they remained high enough to push the months of supply above nine months.” - Calgary Real Estate Board April Report

“The decline in home sales does not…

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