Investing in Calgary Real Estate in 2023

Latest Calgary Pre-Construction Releases

Calgary condo investment imperia condos by truman
From $450K

Imperia

273 Units, 27 Storeys   |   By Truman

investment property calgary Sovereign
From $344,900

Sovereign

155 Units, 12 Storeys   |   By Homes by Avi

Harry Riahi Horizon Condos
Sold-Out

Horizon

314 Units, 5 Storeys   |   By Truman  

Top 4 Reasons to Invest in Calgary Real Estate in 2023

Better Pricing

As of September 21, 2022, the average sale prices in Calgary are less than half of those in Toronto and Vancouver, and notably lower than Ottawa and Montreal. This favorable pricing enables easier entry into the market, particularly for investors aiming to make a 10-20% down payment.

Source: https://wowa.ca/reports/canada-housing-market

Quality of Life and Amenities

Calgary offers an exceptional quality of life, with a high standard of living, excellent educational institutions, and a wide range of recreational and cultural amenities. The city’s vibrant lifestyle and strong sense of community make it an appealing location for real estate investment.

Source: https://teleport.org/cities/calgary/

Tax Benefits

¬†Alberta residents enjoy the advantage of a sole federal sales tax of 5%, resulting in substantial savings compared to the 13-15% HST in other provinces. What’s even better is that Alberta has no land transfer tax, making the process of selling a home more cost-effective compared to other regions across the country.

Source: https://wowa.ca/calculators/alberta-gst-calculator

High Demand and Low Vacancy Rates

Calgary experiences a high demand for real estate, driven by a growing population and a thriving business ecosystem. The city’s low vacancy rates indicate a strong rental market and potential for consistent rental income.

Source: https://calgaryherald.com/life/homes/calgary-vacancy-falls-to-lowest-point-in-nearly-a-decade

Harry Riahi- Investing in Calgary Real Estate

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Frequently Asked Questions

Calgary offers lucrative opportunities with its stable economy, favorable investment climate, and growing industries. The city’s competitive affordability and high demand make it an attractive market for investors.

Calgary’s rental market has been robust, driven by a growing population and a strong demand for housing. With increasing rental competition, investors have the potential to enjoy a good return on their investment in the form of rental income.

While market conditions can fluctuate, many investors consider it a favorable time to invest in Calgary real estate. The city has been experiencing growth and development, with a strong economy and increasing population. Factors such as affordable prices, rental demand, and government support for investment contribute to the positive investment outlook

While market conditions can fluctuate, many investors consider it a favorable time to invest in Calgary real estate. The city has been experiencing growth and development, with a strong economy and increasing population. Factors such as affordable prices, rental demand, and government support for investment contribute to the positive investment outlook

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