Luxury Living in Altadore: A Rare Gem at an Unbelievable Price
Are you in search of a luxurious home in a family-oriented community? Look no further! The stunning property at 5027 21A ST SW, Calgary, AB T2T 5C4 is a dream come true. Nestled in the sought-after neighborhood of Altadore, this spacious residence boasts 4+1 bedrooms and over 3500 sq. ft. of developed living space. The moment you step into this extraordinary property, you'll be captivated by its elegance and attention to detail. The main level presents a seamless flow, featuring plank hardwood floors, high ceilings, and recessed lighting that illuminates the space with a warm glow. The formal living room, extending from floor to ceiling, is adorned with a beautiful feature fireplace, creating a cozy atmosphere for relaxation. The adjacent dining area offers ample room to accommodate 8-10 guests, making it perfect for hosting gatherings and celebrations. Prepare culinary delights in the chef-inspired kitchen, which boasts quartz countertops, a massive island/eating bar, and an exceptional amount of storage space. The high-end stainless steel appliance package, complete with a custom panel refrigerator door design, adds a touch of sophistication to the space. The kitchen seamlessly flows into a spacious family room, creating a perfect area for family bonding or entertaining guests. An open riser wide staircase leads to the second level, where you'll find four generously sized bedrooms. The convenience of second-floor laundry accessible from the hallway adds a practical touch to this exquisite home. The basement is a haven for entertainment, with a remarkable recreation/media room that ticks all the boxes. Whether you're hosting a game night or a movie marathon, this space is perfect for creating lasting memories. The bar area provides a separate seating area, and there's even enough space for a pool table. This remarkable home is equipped with several additional features that enhance its appeal. The central air conditioning ensures year-round comfort, while the composite deck, complete with a barbecue gas line and speakers, is ideal for outdoor gatherings. The stone pathway and irrigation sprinkler system add to the property's aesthetic appeal. Other notable features include a steam bath, basement heating floor rough-in, 200-Amp electrical panel, high-quality cold resistance spray foam insulation to reduce noise, and built-in cables for audio and video in all five bedrooms. Located in close proximity to River Park, Glenmore Athletic Park, top-rated schools, shopping destinations, and public transit, this home offers the perfect balance between convenience and tranquility. Commuting to the downtown core is a breeze, thanks to easy access via Crowchild Trail. Don't miss the opportunity to own this gorgeous home at an incredible price. Call Shane Meahan today to book a private viewing, and don't forget to ask about our two-year buy-back guarantee. Luxury living awaits you in Altadore – don't let it slip away!
Exploring the Charms of Forest Lawn: A Spacious Home with Endless Possibilities
Located right in the heart of Forest Lawn in Calgary, this charming gem of a home at 1127 39 St SE presents an incredible opportunity for both homeowners and investors alike. This property offers over 1100 square feet of living space on the main floor, an additional 1000 square foot suite in the basement, and has an oversized double detached garage. Let's delve into the captivating features of this property and discover why Forest Lawn is considered one of Calgary's premier walkable communities. Upon entering the home, you will be immediately impressed by the immaculate original hardwood flooring that graces the main floor. The recent paint job enhances the home's appeal and creates a fresh, welcoming atmosphere. The main floor encompasses a spacious living area, perfect for entertaining friends and family, and brings in an abundance of natural light. The basement of this home boasts a separate entrance, allowing for privacy and convenience. With a large bedroom, bathroom, den/office, and a full kitchen, the basement presents a myriad of possibilities. Not only can it be used as a comfortable living space for family members, but it can also serve as a potential income-generating suite for tenants. The shared storage and laundry area ensure convenient access for both upstairs and downstairs occupants. Forest Lawn is renowned for its vibrant community and numerous amenities within walking distance. This home is surrounded by a multitude of shopping options, schools, and a variety of restaurants, all just a short stroll away. Residents here can enjoy the convenience of having everything they need right at their doorstep. For longer trips or downtown commutes, Calgary Transit is conveniently located just around the corner, providing easy access to the entire city. Whether you are looking to live in a spacious home with the added benefit of rental income, or seeking a savvy investment opportunity, this property offers both. The oversized double detached garage provides ample space for parking and additional storage. With move-in readiness and an incredible location, this home is sure to attract buyers looking for the perfect combination of comfort and convenience. Living in Forest Lawn means more than just residing in a great home; it means being part of a close-knit community. The welcoming atmosphere and friendly neighbors contribute to the overall appeal of this sought-after neighborhood. Whether you enjoy engaging in community events, exploring local parks, or simply taking a leisurely walk around the block, Forest Lawn offers something for everyone. In conclusion, 1127 39 St SE presents a rare opportunity to own a home in the heart of Forest Lawn. With its spacious living areas, separate basement suite, oversized double garage, and unbeatable location, this property is truly a hidden gem. Don't miss your chance to be a part of this thriving community and discover the endless possibilities that await you in Forest Lawn. {Exploring the Charms of Forest Lawn: A Spacious Home with Endless Possibilities}
Investing in the Calgary and Surrounding Area
Investing in real estate is a proven path to financial success, but it requires knowledge, strategy, and a deep understanding of the market. In this blog, we will delve into the secrets of successful real estate investments that can help you maximize profit and minimize risk. Whether you're a seasoned investor or a beginner exploring the world of real estate, this comprehensive guide will provide you with valuable insights and strategies to make informed decisions and achieve your investment goals.We personally focus specifically on Calgary Investment properties, finding homes and buildings for sale in this area. Let's dive into the key factors that can help you maximize your profits and achieve your investment goals. Understanding Real Estate Investment Real estate investment involves purchasing properties with the intention of generating income or profiting from appreciation over time. It's crucial to develop a clear investment strategy based on factors such as location, property type, market conditions, and financial goals. Calgary and the surrounding area offers excellent investment opportunities due to the growing economy, proximity to the mountains, and our attractive real estate market prices. Defining Your Investment Goals Before making any investment, I always recommend that you clearly define your goals, as each investors goals will be different. Are you looking for long-term rental income, short-term gains through flipping properties, or a combination of both? Determine your risk tolerance, desired return on investment, and timeline for achieving your goals. This clarity will help you narrow down your property search and focus on opportunities that align with your investment strategy. Check out this link to help set your goals: (https://rockstarinnercircle.com/real-estate-investing-goals/) Building a Reliable Team To succeed in real estate investment, you must surround yourself with a trustworthy and competent team of professionals. We are Realtors specializing in the Calgary area, who understand the local market dynamics and can assist you in finding the best investment opportunities. Additionally, through our network we can help you find a real estate attorney, mortgage broker to consult with, and property inspector to ensure legal compliance, secure financing, and assess the condition of potential investment properties. Build a Reliable Network We can help you surround yourself with a network of professionals as it is crucial in the real estate industry. We can connect with our network of REALTORS® that are out of our area, property managers, contractors, and lenders who have expertise in the market you're targeting. Their knowledge and experience will provide valuable insights, access to deals, and support throughout your investment journey. Conducting Market Research Thorough market research is essential before investing in any property. Our team is well versed in: Utilizing our unique strategies to locate Calgary and area real estate listings, and homes or buildings for sale. Analyzing trends, property values, rental rates, and vacancy rates. Understanding the local economy, job growth, infrastructure developments, and any upcoming projects that may influence property values in the area. This information will allow us to help you make the most informed investment decisions to maximize your profits. Develop a Financing Strategy Real estate investments often require financing, so it's important to develop a solid financing strategy. Explore different options such as traditional mortgages, private lenders, partnerships, or creative financing techniques. Ensure you have a clear understanding of the associated costs, interest rates, and repayment terms to make an informed decision that aligns with your investment goals. Analyzing Investment Opportunities When evaluating investment opportunities, consider factors such as property location, condition, potential for value appreciation, rental demand, cash flow, and return on investment. We will provide Calgary and area real estate listings that will help you discover properties that fit your criteria. We will also help you find a professional to perform a thorough financial analysis, factoring in purchase costs, ongoing expenses, potential rental income, and projected returns. Remember, due diligence is key to successful investing. Managing and Protecting Your Investment Once you've acquired an investment property, effective management and protection are crucial. If you're investing remotely, we can introduce you to a property manager to handle finding tenants as well as screening, rent collection, maintenance, and property inspections. Ensure you have adequate insurance coverage to protect against unforeseen events, such as natural disasters or liability claims. Regularly review and optimize your investment strategy based on market trends and evolving financial goals. Stay Updated on Market Trends Real estate markets are dynamic, so it's essential to stay informed about the latest trends and changes. Regularly review market reports, industry news, and economic indicators to identify opportunities or potential risks. Be prepared to adjust your investment strategy accordingly to adapt to evolving market conditions. Types of Residential Investment Properties to Consider Residential Rental Properties These properties are specifically purchased with the intention of renting them out to tenants. They can include single-family homes, townhouses, apartments, or condominiums. Multifamily Properties These properties consist of multiple units within a single building, such as duplexes, triplexes, or apartment complexes. Investing in multifamily properties allows for multiple rental income streams. Vacation Rentals These properties are often located in tourist destinations and rented out on a short-term basis, such as through platforms like Airbnb or VRBO. Vacation rentals can include houses, condos, cabins, or beachfront properties. Mixed-Use Properties Mixed-use properties combine residential and commercial spaces within a single building or development. For example, a building with retail space on the ground floor and residential units above. Real Estate Investment Trusts (REITs) REITs are investment vehicles that allow individuals to invest in a portfolio of income-generating real estate properties. Investors can buy shares in publicly-traded REITs or invest in private REITs. Undeveloped Land Investing in undeveloped land with potential for future development can be a long-term investment strategy. Land can appreciate in value over time or be developed for various purposes, such as residential, commercial, or agricultural use. Real Estate Development This involves purchasing land or properties with the intention of developing them into new structures or improving existing properties. Development projects can range from building residential communities to commercial complexes. Real Estate Investment Groups These groups consist of multiple investors who pool their resources to invest in properties collectively. Each investor typically owns a share of the property or portfolio and shares in the profits. Real Estate Crowdfunding Crowdfunding platforms allow individual investors to pool their capital to invest in real estate projects. Investors can contribute smaller amounts of money to participate in larger-scale projects. General Rules for Investment Properties in Alberta Here are some general rules and regulations related to investment properties in the province of Alberta, Canada. However, it's important to note that regulations can change over time, so it's advisable to consult us or another professional for the most up-to-date information. Residential Tenancies Act (RTA) The Residential Tenancies Act (RTA) provides a framework for landlord and tenant relations in Alberta, setting minimum standards of conduct for both landlords and tenants. It governs the rights and responsibilities both parties have towards each other. Rent Control Guidelines In Alberta, there is no limit on how much a landlord can increase the rent but a landlord can only increase the rent after a year has passed from either the start of the tenancy or when the last rent increase was made. Fire Code Regulations All rental properties must comply with fire safety regulations outlined in the Alberta Fire Code. This includes having functional smoke detectors, fire extinguishers, and proper emergency exits, among other safety requirements. As these codes vary based on year of the home, your real estate investment team will be able to assist in ensuring compliance. Property Standards Rental properties must meet certain property standards to ensure the health, safety, and well-being of tenants. These standards cover areas such as maintenance, plumbing, heating, electrical systems, and overall property cleanliness. Building Codes When making structural changes or renovations to investment properties, landlords must comply with Alberta Building Code requirements. Building permits may be necessary for certain types of modifications. Zoning and Land Use Regulations Properties must adhere to local zoning bylaws and land use regulations, which dictate how the property can be used. Different zones may have restrictions on the type of properties allowed such as residential, commercial, or mixed-use. Taxation Investment properties may be subject to various taxes, including property taxes, capital gains taxes on the sale of the property, and potential rental income taxes. It's important to understand the tax obligations and consult with a tax professional for guidance. Investing in real estate in the Calgary area can be a profitable endeavor if approached with knowledge, research, and careful planning. By understanding the fundamentals of real estate investment, conducting thorough market research, defining your investment goals, building a reliable team, analyzing opportunities, and effectively managing your investment, you can maximize your profits and achieve long-term success in this thriving market. Our team is here to walk you through the process and be by your side each step of the way. To get started, click here: https://www.theshanemeahanrealtyteam.com/investment-properties
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