Throughout Canada there are pockets where you can find hot or trending hot, real estate markets. Beyond the obvious top 3, Vancouver, Victoria and Toronto there are other, less talked about, markets on the rise at the moment.
One such market is in Calgary, Alberta.
Calgary sits amongst an incredible setting with a breathtaking backdrop of the Rocky Mountains, this city of some 1.3 million holds some pretty great amenities to keep even the most discerning pleased.
Known as a community of outdoor enthusiasts, Calgary is centrally located in the province of Alberta when it comes to proximity to all sorts of parks and protected areas all while being surrounded by an area of profound beauty, with an unspoiled, resource-rich natural environment.
Calgary’s economy is heavily dependent upon the energy sector however one cannot ignore how potent the agriculture and tourism sectors are also for Calgary. As a result of, yes primarily the energy sector with its oil sands, For the purpose of this article we spoke to Scott, an employee of Intricate Group – Energy Services company in Alberta, and he had this to say…
Over the past 5 years we’ve seen the energy sector throughout Alberta really boom. Sure there were a few setbacks citing the Fort Mac fire but also issues with pressure towards the oil sands, but outside that we’ve seen steady growth.
Calgary has become one of the most wealthiest cities in Canada. Here are a few of the more affluent suburbs around Calgary.
The lakefront community of Auburn Bay is currently a hotspot for homebuyers looking for a little more luxury in their purchase. The area is surrounded by amazing amenities like beaches, parks, schools and a fabulous community centre. Auburn Bay homes for sale range in price from $386,900 to over $2 million.
Another popular community is Cranston. This master planned residential community situated actually quite close to Auburn Bay, offers up a plethora of incredible amenities for families to enjoy making it easily the fan favorite amongst families looking to buy homes for sale in Cranston.
Our final community around Calgary worth mentioning is McKenzie Towne, a small master planned residential neighborhood in the southeast quadrant of Calgary. Here families find solace in the many nearby recreational amenities available to them here including the incredible McKenzie Towne Hall. Detached homes for sale in McKenzie Towne range in price between $358,600 and $879,900.
However that is not all the up and coming communities in demand around Calgary, a few worthy of footnote mentions are:
- New Brighton
- Arbour Lake
- Lake Bonavista
- Banff Trail
So there you have it, Calgary is the poppin place to consider investing in real estate in Canada and as real estate trends forecast 2020 to only be better for Calgary, we can expect more of the same.