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New Owner for Renaissance

See details here Welcome to luxury living at the Renaissance West Tower! This stunning 2-bedroom+Den, 2-bathroom unit offers a perfect blend of elegance and convenience. Boasting 9-foot ceilings, this exquisite condo features a spacious balcony with breathtaking views of downtown Calgary. The kitchen is a chef’s dream, adorned with granite countertops, oak cabinets and white appliances. An eating nook off the kitchen provides a cozy spot for meals. The dining and living rooms showcase beautiful hardwood flooring, adding to the sophisticated ambiance. The master suite is a true retreat, offering his and hers closets, dual sinks, and a luxurious soaker tub. The unit also includes a titled parking spot for your convenience. Residents of the Renaissance West Tower enjoy a plethora of amenities including meeting, games, recreation, exercise, and theater rooms. The open foyer with a staircase leads to the library, creating a grand entrance. The lobby features a sitting area with a fireplace, perfect for relaxation. Outside, a private patio area with a gazebo and seating area provides a tranquil escape. For those who love to entertain, the private deck comes equipped with a gas line for BBQ. The central location offers direct access to North Hill Shopping Center and is just minutes away from Kensington and downtown. You’ll also find the Light Rail Transit, Hospital, SAIT, the University of Calgary, and Louise Riley Public Library all within close proximity. Don't miss the opportunity to make this luxurious condo your new home. Schedule a viewing today and experience the epitome of refined living at the Renaissance West Tower.

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One bedroom listed in University City

I have listed a new property at 104 20 Brentwood COMMON NW in Calgary. See details here

This unique, ONE BEDROOM property is located in the small enclave of 20 townhomes in UNIVERSITY CITY (Brentwood on the Park). This home is well suited to students or investors, and is within walking distance to U of C, the LRT, and abundant retail, dining, and services. These townhomes are adjacent to Blakiston Park and a short drive to 3 major health care centres. One of only two, one bedroom units in the complex, the suite has its own entrance and patio at ground level. The layout provides an efficient use of space with an appealing. contemporary, neutral décor. Features include vinyl plank flooring, high gloss white cabinetry, kitchen island, stone countertops, flat finish ceilings, STAINLESS APPLIANCES, ensuite laundry, and air conditioning. A separately titled parking stall and assigned storage locker are located in a HEATED PARKADE with security cameras, accessible via an elevator steps away. Visitor parking is also available. With condo fees of $271 per month and professional ONSITE MANAGEMENT by Equium, this affordable home is ready for a November move-in.

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Just Sold at Riverstone

See details here  Move-in ready, this two bedroom and two bath suite offers luxury living and downtown views at Riverstone, located in Calgary’s vibrant and pedestrian friendly Mission District along the Elbow River. This spacious 1820 square suite was designed and transformed by award winning Paul Lavoie Design into a light filled, contemporary, open concept layout supported by a neutral palate. Thoughtful spaces, quality craftsmanship and materials are evident throughout. Highlights include Schenk Cabinetry, plumbing fixtures from Royal Flush, two electric fireplaces, quartz countertops, smooth finish ceilings, large scale tile flooring, custom draperies & blinds, modern decorative and ambient lighting, well placed desk & work space, built-ins such as glass cabinets to showcase art and collectibles, and top-of-the line Miele kitchen appliances. Abundant wall space offers ample opportunity to display artwork. Living at Riverstone is about indoor and outdoor experiences. plus personal services. Being an owner provides the platform to a luxury, inner city lifestyle. Residents have the benefit of 24-hour concierge services, a full time building manager & cleaning staff, and numerous building amenities (private tennis court, spacious patio with 2 BBQ’s, well tended gardens and landscaping, party room with kitchen, card/library room, indoor pool, 2 hot tubs, well equipped fitness studio, visitor parking, and car wash). Two, separately titled underground parking stalls and an assigned storage locker are included with the property. The location adjacent to the Elbow River provides numerous options for walking & biking, plus a broad range of retail, dining, and entertainment amenities. The suite, building, and community must be experienced in-person. Schedule a viewing with your representative, prepare to be impressed, and move-in autumn 2024!

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Shift to More Balanced Housing Market


For the first time in two years, there is now over a two month supply of properties available for sale, providing more options for buyers with 3687 new listings coming to the market in September 2024.

With more properties on the market, pressure on prices has also eased.  The unadjusted benchmark price dropped slightly to $596,000 in September, compared to $601.800 for August.  Prices remain 5% higher than September 2023.  Despite the rise in listing inventory, supply of more affordable properties remains tight.  

September Housing Statistics

Detached  Benchmark
$757,100  (up 8.8% YOY)

Semi-Detached Benchmark
$678,400  (up 9.5% YOY)

Apartment  Benchmark
$345,00  (up 13.9% YOY)
 

Several major changes to mortgage rules were also announced in the past month.  On November 21, amendments to the stress test will allow borrowers to switch lenders more easily.  Secondly, mortgage reforms which take effect December 15 will expand eligibility for 30 year amortizations and increase the $1M price cap on insured mortgages to $1.5M. 

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