Tag Archives: calgary condo

Calgary’s Best: Beltline

The verdict is in, Avenue Magazine released the rankings of Calgary’s Best Neighbourhoods last week, and over the coming weeks, we are going to delve into the investment opportunity and benefits of each of the top 10 communities. In the number two spot, is the southwest community of Beltline: 21,958 population 90 walk score 76 transit score 438.66 crime rate […]

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The Pros of Cons of Buying a Condo

Regardless the size of the property, purchasing real estate is a big investment, so you want to make the right choice. Condos are always a popular choice for many home buying sectors: first-time buyers, investors or empty-nesters. Condos in Calgary also generally tend to be consistent investments, regardless of ups and downs in the economy, […]

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What do you know about Condo Reserve Funds?

If you live in a condo, or are thinking about moving into one, you’ve probably heard about Condo Reserve Funds before. The Condominium Property Act in Alberta, requires that condo boards establish and maintain a reserve fund, to provide capital for major repairs and replacement of common property owned by the corporation.  It is helpful […]

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What is a ‘micro loft’?

A new report released by Genworth Canada, is reporting that increasing numbers of first-time homebuyers are choosing to buy micro lofts, a growing trend. And it’s not just for affordability, it turns out this is a desired home choice for many. If you’ve been hearing the term ‘micro loft’ lately, it’s for good reason. With […]

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How much do you know about condo reserve funds?

The Condominium Property Act in Alberta, requires that condo boards establish and maintain a reserve fund, to provide capital for major repairs and replacement of common property owned by the corporation. As buildings age, they need to be repaired: roof, parking lots, landscaping, etc. Condo owners must pay for the repair or replacement of common […]

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Lots of Brand New Condos Coming — What to Understand

Calgary’s condo market is sitting with a new and unique opportunity for buyers. For one, there is a huge influx of condo inventory as a handful of brand new condo projects are nearing completion. Secondly, prices are down due to this inventory and the economy, it makes for great conditions for buyers. The primary multi-family […]

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The State of Calgary’s Condo Market

The sharp drop in oil prices this year has clearly taken a toll on Calgary’s economy and as a result, our housing market. The condo market has historically been relatively unaffected by the usual up and downs in the marketplace, but we’re dealing with a different situation this year. However, if you understand a bit […]

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Why Downtown Condos are a Great Choice for Millennial Buyers

  A large percentage of first-time homebuyers these days are millennials, also known as Generation Y. With so many young professionals making the move to purchase their first home, condos are a smart investment for millennial buyers. Affordability: condos make for a great entry point into the real estate market, as prices are obviously lower than […]

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Design Tips for Maximizing Small Condo Spaces

  If you’re a small condo dweller, or just looking to design a smaller room in your home, there are many mistakes you can make. A small space doesn’t mean small design, so here’s some tips for designing for smaller areas: Be bold: you don’t have to ‘play it safe’ with a small space. Being dramatic […]

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What are condo reserve funds?

  The Condominium Property Act in Alberta, requires that condo boards establish and maintain a reserve fund, to provide capital for major repairs and replacement of common property owned by the corporation. As buildings age, they need to be repaired: roof, parking lots, landscaping, etc. Condo owners must pay for the repair or replacement of […]

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