June 2012

Found 7 blog entries for June 2012.

 

Calgary South Health Campus: Calgary South Hospital

There could soon be an influx of homebuyers to Auburn Bay, Mahogany and Cranston from the over 2,000 new jobs needed by the Calgary South Hospital. The highly anticipated full service hospital and healthcare facility will recruit various positions including physical therapists, nurses, laboratory technicians and doctors from as far away as Toronto, Ireland and the United States.

The Calgary South Health Campus is located near three of Calgary’s newer master-planned Southeast communities, Mahogany, Auburn Bay and Cranston. Mahogany, Calgary’s New Community of the Year in 2009, is centered around Calgary’s largest freshwater lake and provides a perfect place for those who desire an active lake lifestyle. This sought-after community has gorgeous

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I just had clients purchase a great rental property in south Calgary, which led me to think other clients or Calgarians might be thinking about buying income property too.

Calgary’s vacancy rate is currently low, and with increasing demands for labour, this offers lots of excellent opportunities for revenue property.

The first step is to figure out if you can afford an income property. The minimum down payment on a revenue property is 20%. Next, do a little research. What are rental rates in any given area? Will the rental cover a mortgage, property tax and incidentals? You also need to seriously look at location – which has a direct impact on the amount of rent you can ask for.

Things to consider when buying income property versus buying a home to

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If you love horses you will love this property! You could own 81+ acres with two homes on your new property. There is a 4 bedrooms main home with large heated detached garage and 2 bedroom + den mobile home. The property is in a beautifully treed setting and is a potential INCOME earner with BOARDING HORSES. Enjoy your own large private indoor RIDING ARENA (60 x 120 ft). The property also has a heated barn with 8 stalls-automatic waterers, one is a dougle stall, large tackroom, individual tack lockers and tie stall. All 9 paddocks/corrals with water were redone last year and each has a horse shelter. There is a sheltered fully irrigated garden (50x75ft) near the house just waiting to be utilized. The property is bordered by irrigation canal with water

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Glenmore Park in Calgary.

Calgarians are very fortunate to have an abundance of parks and paths for walking or biking. Les Ledene knows more than most about the number of them. The 64 year old Calgarian walked through all 66 of the city’s parks as part of a research project for the University of Calgary. Not only is it impressive that he walked through all 66 parks but he ranked them all too. Les’s top 5 parks are Weaselhead Flats, Carburn Park, Stanley Park and Bowmont Park. What’s your favourite park?

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Calgary Real Estate Market TrendsCalgary has seen a very active May and June. The first few weeks of June 2012 residential sales in Calgary have followed May’s lead and continued to be impressive. According to the Calgary Real Estate Board, June 1-12, MLS® sales in Calgary have increased 11.81 percent from the same period in 2011.

The recent activity in single family sales has been from the less than 2.5 months of supply in the Calgary market, which is causing buyers to feel a bit more urgency when making their purchasing decision.

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New Calgary Peace Bridge with view of downtown Calgary.

The Peace Bridge, which opened on March 24, 2012, has been very controversial. Either you think the 25 million was well spent or not. Either way, it has brought a unique flavour to downtown Calgary. It’s hard not to marvel at the modern, tubular, red and white bridge, and most pedestrians probably enjoy the scenic, beautiful walk or bike across the Bow River.

The Peace Bridge was designed by Santiago Calatrava, an award winning Spanish architect. His works include the Allen Lambert Galleria in Toronto, the Turning Torso skyscraper in Sweden and the Trinity Bridge in England.

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Lawn Care Tips

Calgary has had a lot of rain in June so remembering to water the lawn hasn’t been an issue. Here are a few summer lawn care tips, other than watering, to keep your lawn looking nice and green.

One of the most important tips for maintaining your lawn is to mow high, about 2.5 to 3 inches. Mowing too short will weaken the root system and allow those pesky weeds to grow.

Each time you mow, alternate the pattern you take. We are often creatures of habit, but for healthy lawns mowing in different directions will help prevent soil compaction from the wheels of the lawn mower.

The blade of your lawn mower should be sharpened at least one time per year. A sharp blade will reduce the time it takes to mow the lawn. A dull blade will tear at the grass

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