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New property listed in Signal Hill, Calgary

I have listed a new property at 406 20 Sierra Morena MEWS SW in Calgary. See details here

Welcome to your new home in the heart of Signal Hill! This top-floor unit boasts an abundance of natural light, bathing the space in warmth and sunshine throughout the day. Ideal for first-time homebuyers, savvy investors, or those looking to downsize without compromising on comfort. Step into the inviting spacious living area, complete with a gas fireplace, tall vaulted ceilings, big windows and your own private balcony. The interior has been meticulously maintained, with fantastic tenants for years, creating a welcoming mood that instantly feels like home. The beautiful white kitchen has a cozy feel and plenty of counter space for meal prep. With two bedrooms and two baths, including an ensuite for added privacy, this residence provides the perfect balance of functionality and comfort. Enjoy your morning coffee or soak in the sunset from the lovely balcony, offering a peaceful outdoor space to relax and recharge. Convenient in-suite laundry ensures effortless chores, while titled underground parking provides security and convenience year-round. This property offers easy access to an array of amenities, including shopping, dining, parks, and more. Don't miss your opportunity to call this warm and inviting space your own – call your favourite realtor and schedule your showing today. This unit is in a fantastic location and won’t last long!

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New property listed in Downtown West End, Calgary

I have listed a new property at 602 1108 6 AVENUE SW in Calgary. See details here

Introducing The Marquis: A Riverfront Retreat! Discover this stunning 2-bedroom plus den residence, spanning nearly 1100 square feet and boasting an updated kitchen and bathrooms. TWO side by side parking stalls and a storage locker, this suite offers unparalleled convenience. Nestled along the river valley, it presents a captivating panorama from every angle, thanks to its floor-to-ceiling windows gracing the primary spaces. Newer carpet, freshly painted walls that invite tranquility, and an open kitchen adorned with quartz counters, recessed lighting, and a breakfast bar for casual dining. The expansive living area offers a corner gas fireplace, while a separate dining area invites gatherings and conversation. Enjoy access to the generously sized balcony from both the primary bedroom and the living room, extending your living space into the outdoors. The den, with its glass wall, bathes in natural light, offering a perfect space for work or relaxation. The primary bedroom boasts a completely renovated ensuite with walk-in shower double shower jet systems. Separate makeup area with built in mirrored light system. Top it off with infloor heat and seperate laundry room this setup won't disappoint. Plenty of storage options, remote controlled window coverings and natural gas connection on the balcony. Experience the Marquis lifestyle, complete with onsite management, indoor secured visitor parking, bike storage facilities, and personal storage locker. Updated common areas, onsite exercise area, package delivery area and all secured with cameras. Conveniently located mere steps from the tranquil Bow River and with the LRT station just across the street, The Marquis presents an unparalleled blend of luxury, convenience, and natural beauty.

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March 2024 Housing Market Update:

  • March sales spiked to 2,664 units, a 10% year-over-year increase, surpassing typical trends.
  • Despite a slight uptick in new listings to 3,172 units, they remained below the March average, failing to meet demand.
  • Ann-Marie Lurie, CREB®'s Chief Economist, noted the tightest market conditions since 2006 due to high migration and dwindling supply.
  • Inventory dropped, especially for properties under $1,000,000, with a significant decline below $500,000.
  • The total residential benchmark price rose to $597,600, up 2% from last month and 11% year-over-year.

Detached:

  • Sales increased but were constrained by limited new listings.
  • Inventory levels remained stable but significantly lower than last year, driving price gains.

Semi-Detached:

  • Supply constraints persisted, with the sales-to-new listings ratio reaching 96%, driving further price increases.

Row:

  • Both sales and new listings rose, but the sales-to-new listings ratio prevented significant inventory changes.
  • Inventory levels dropped, particularly for properties priced below $400,000, leading to price gains.

Apartment Condominium:

  • Sales hit 814 units, contributing to record-high quarterly sales.
  • Tight conditions favored sellers, with prices rising over 17% year-over-year.

Overall, the market continues to favor sellers, with tight supply conditions driving price growth across property types.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.