INVESTING IN CALGARY REAL ESTATE


Calgary has long been a hidden gem for investors but has recently taken centre stage as Canada's top place to invest in real estate. Here are just some of the reasons Calgary is THE place to put your money:


HUGE POTENTIAL FOR GROWTH

Supreme affordability, a strong economy, positive net migration and all of the other factors outlined below combine to make one thing clear: Calgary offers incredible value to home owners and investors alike. Where value exists, buyers flock, and prices appreciate. Calgary has a ton of room to appreciate! 

AFFORDABILITY

Calgary is one of the most affordable places for real estate of the major cities in Canada, allowing investors to get in at half the price of Toronto or Vancouver!

MLS COMPOSITE BENCHMARK HOME PRICE (Sept 2022)
  •  Calgary: $527,400
  •  Toronto: $1,104,000
  •  Vancouver: $1,155,300

NO LAND TRANSFER TAX

Unlike most other provinces, Alberta has no land transfer tax, meaning buyers in Calgary can save anywhere from 2-5% CASH on their real estate purchases!

BASIC LAND TRANSFER TAX ON A $800,000 HOME PURCHASE
Not including the additional property transfer tax or non-resident speculation tax that applies to foreign nationals, foreign trustees, or taxable trustees
  •  Calgary: $0
  •  Toronto: $24,950
  •  Vancouver: $14,000

NO ADDITIONAL LAND TRANSFER TAXES FOR NON-RESIDENT BUYERS 

Alberta also has no special or additional taxes for non-resident buyers, unlike some other areas in Canada which have levied HUGE taxes payable by non-resident buyers.

ADDITIONAL LAND TRANSFER TAX ON A $800,000 RESIDENTIAL HOME PURCHASE
  •  Calgary: $0
  •  Toronto: $160,000
  •  Vancouver: $160,000

NO PST
Unlike other major centres, Calgary has no added provincial sales tax (PST), making goods and services so much more affordable.

TOTAL SALES TAX
  • Alberta: 5%
  • British Columbia: 12%
  • Ontario: 13%

A STRONG ECONOMY

A booming Oil and Gas sector is once again bringing great prosperity to Calgary, but it isn't the only reason that Calgary is seeing such a great economy.
Consider these facts (courtesy of Calgary Economic Development, 2022):

  • Calgary has the highest GDP per capita of major Canadian cities
  • Calgary has the highest concentration of high-tech workers in Canada
  • Calgary has the highest head office concentration per capita in Canada
  • In the first half of 2022, Calgary saw the 4th highest venture capital investment in Canada, with $427 million in 42 deals and is on pace for a record-breaking year.

A STRONG RENTAL MARKET

Calgary is Canada's 4th largest urban centre and has a wide variety of people looking to rent. From families, to students, to professionals, to executives and anywhere in between! Our rental market is BOOMING!

NO RENT CONTROLS OR CAP ON RENTAL RATE INCREASES

Calgary has no rent controls, and there is no limit on the amount by which a landlord may raise their rent. Rental rates are market-driven in Calgary meaning when supply is low and demand is high, rental rates go up very quickly!

RENTS ARE ON THE RISE

As of October 2022, average rents were up between 20-30% year over year, and they are still rising as more and more people are calling Calgary home.

A GROWING POPULATION

In the second quarter of 2022, Alberta saw a net increase of 34,883 people to its population, many of which came to Calgary. In fact, Alberta is seeing a record growth in population due to both inter-provincial migration as well as international migration. This bodes well for the rental markets as many newcomers to the city look for homes to rent. 

HIGH INCOMES

According to 2021 Census data, Calgary has the highest median after-tax income of all the major cities in Canada. Higher household incomes typically lead to a higher monthly spend on housing. 

INTERESTED IN PRE-CONSTRUCTION?


Want to get in on the ground floor of a development? 
Looking for a longer closing date with a minimal deposit structure?
Want to buy one or more properties that are still under construction? 

We specialize in new homes and have exclusive information on hundreds of upcoming developments throughout the Calgary market. From single family to semi-detached to townhomes, to apartments - we know the new home market.

GET IN TOUCH TO LEARN MORE

LOOKING FOR A RENTAL PROPERTY?



Interested in finding a property with good cash flow?
Looking for something with long-term appreciation potential?
Maybe you are interested in adding value through re-zoning or subdivision?

We have helped hundreds of investors acquire solid investment properties and we can help you too. PLUS we have exclusive information on dozens of off-market investment properties throughout the city

OUR INVESTOR SERVICES

We have helped hundreds of investors in the Calgary market and we can help you too!  Here are just some of the services we offer:

INITIAL CONSULTATION
  • Either in person or virtual, your choice!
  • Overview of Calgary, how it is laid out, its quadrants, sectors and communities as well as schools, major employers, work centres, and transit
  • Discussion around real estate values, rental returns, and expectations for the Calgary market
  • We can help you narrow down the best type of investment based on your budget and investment goals!
HOUSEHUNTING
  • Want to start browsing online? For sure. We will set up a custom search so you can see the right homes at the right price in the right areas.
  • Making a trip out to Calgary? Great! We will clear our schedule and make sure you get the most out of your time here.
  • Prefer virtual showings? No problem! We regularly tour our clients via Facetime, Whats App, or whatever works best for you. 
  • Want more info? Absolutely. We can track down info on the rental history, vacancy rates, and rental competition.
OFFER PROCESS
  • Found THE place? Great! We will do a market evaluation and due diligence on the home so you are confident in your purchase.
  • All the paperwork can be done electronically, no need to be in town!
  • Can't make it out for the inspection? No problem! We can attend on your behalf, and loop you in via phone or video if you'd like. 
  • Need a lawyer referral? Absolutely. Can't make it to town to sign papers? No problem! We can help coordinate a remote signing.

ARE YOU A REALTOR FROM OUTSIDE OF CALGARY?

We are happy to help your clients navigate the Calgary market, and invest where it makes the most sense for them.

Contact us to make a referral today!

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4034 16 Street SW  Calgary,  Alberta  T2T 4H4 

Phone: 403-800-0760

info@urbanupgrade.ca