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Stories Tagged - rental

CREB®Now Archive

Dec. 04, 2019 | Josh Skapin

South Health Campus draws investor interest to Seton

While some people choose to purchase a home near a hospital because it provides the comfort of living near an important service, for many others, it's simply a smart business decision.

Calgary's newest hospital, the South Health Campus in the southeast community of Seton, is spurring significant interest from investors.

Courtesy Strategic Group

Aug. 14, 2019 | Josh Skapin

Strategic Group bolsters amenities, fosters community with largest rental building yet

Just like homeowners, renters value a sense of community in the place where they live.

This element has emerged in the design of skyscrapers with purpose-built rental suites in Calgary over the past five years, with companies such as Strategic Group making ways to create connections among neighbours a priority.

July 31, 2019 | CREBNow

Calgary Mid-Year Housing Market Outlook

Highlighting key Calgary-and-area housing market and economic data from the first half of 2019, while looking ahead to what the rest of the year might hold.

Courtesy Westbank

May 08, 2019 | Gerald Vander Pyl

Highly anticipated Telus Sky serves as symbol of hope for battered downtown office market

Anyone in the downtown area on the evening of April 18 was treated to a light show, as coloured LEDs on the new Telus Sky building recreated the aurora borealis in a test of a new art installation.

Artist Douglas Coupland's Northern Lights is just one of the features of Telus Sky – a new skyscraper in Calgary's downtown skyline and a sign that tough times in the city won't last forever.

One of the rental units at Sodo Residences in the Beltline. 
Courtesy QuadReal Property Group

May 01, 2019 | Barb Livingstone

High-end rental options flourish in the Beltline

In two short months, Sodo Residences has 31 per cent of its luxury rental apartments occupied and 40 per cent of the 305 units already leased.

Getty Images

May 01, 2019 | Gerald Vander Pyl

Four things to know before purchasing a rental property

With lower prices and lots of choices, the current real estate market in Calgary has some people thinking now is the time to invest in a rental property.

Courtesy Calgary Municipal Land Corp.

March 15, 2019 | Karen Durrie

Completion of East Village's first purpose-built rental project approaches

The redevelopment of the East Village has brought new life to an area that was once a no man's land of unsightly industrial buildings and decaying historic landmarks.

An influx of new residents has breathed life into the area, but as modern condo towers rose and filled up with buyers, one thing was lacking: rental options.

Courtesy Calgary Municipal Land Corp.

March 15, 2019 | CREBNow

Completion of East Village's first purpose-built rental project approaches

The redevelopment of the East Village has brought new life to an area that was once a no man's land of unsightly industrial buildings and decaying historic landmarks.

An influx of new residents has breathed life into the area, but as modern condo towers rose and filled up with buyers, one thing was lacking: rental options.

Courtesy Bob Dhillon

July 25, 2018 | Mario Toneguzzi

My First Home: Bob Dhillon, Mainstreet Equity Corp.

Calgary real estate mogul Bob Dhillon has built a successful business across Western Canada with Mainstreet Equity Corp., which owns and manages thousands of rental properties.

His business has its roots on the residential side of real estate, and it all started when he bought his first home in Calgary, fixed it up and sold it for a profit.

Housing industry officials expect conditions to favour the renter in 2017 much like it did in 2016. CREB®Now photo

Dec. 23, 2016 | Barb Livingstone

Renters' market

Economic conditions create ideal situation for renters, challenges for landlords

In the most volatile economy in the country, it is no big surprise Calgary landlords endured 2016 with the highest rental housing vacancy rate in a quarter of a century.

"It is a free market economy, with all the ups and downs, and in the middle of (this downturn), you just hope many will survive it," said Gerry Baxter, executive director of the Calgary Residential Rental Association (CRRA) of Calgary's current seven per cent vacancy rate.

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