Tag Archives: calgary investing

Calgary’s Condo Craze: the Benefits of Apartments

Posted on May 3, 2017 by in Tips and Advice

There is a condo craze going on in Calgary right now, thanks in part due more affordable prices in the apartment market and a shift in desired lifestyles. Financial Post just published an interesting article profiling the rise in demand for condo living in Canadian cities like Calgary. “I definitely do not want a yard […]

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What are condo reserve funds?

Posted on May 21, 2015 by in Calgary Real Estate

  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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