Project Details
Belmont Plaza is the newest development coming soon to Calgary’s southend! Located near Macleod Trail & 194 Ave SW, this intimate new community places residents in a burgeoning area complete with a fantastic assortment of amenities. Here, residents will find themselves within close proximity from Macleod Trail which offers seamless connection to Highway 201 and the downtown core, while a future LRT station will be just 500 metres away from the development. Residents will also quick and convenient access to Township Shopping Centre, Shawnessy Shopping Centre, breathtaking outdoor amenities and so much more!
This is an incredible investment opportunity as Calgary is Canada’s 3rd Largest City and with the city’s population set to explode by 46% from now until 2046, there will be an increasingly high demand for housing in the area. The economy is booming, and the city is open for business with the Lowest Tax Rates in the country. Best of all, it is affordable!
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Details
Developer: Cedarglen Living
Property Type: Condominium
Price: $369,000
Bedrooms: 1
Bathrooms: 1
Square Footage: 1,115 sq ft
Exterior: 151 sq ft
Parking: Yes
Locker: Yes
Occupancy: January 15th, 2024
Features & Finishes: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer
Reasons to Buy
POPULATION Calgary is set to experience some incredible growth! It is Canada’s 3rd-largest city by Population and has had the highest population growth over the past decade of major cities in Canada, beating both Vancouver and Toronto! Currently, Calgary is home to over 1.3 Million People, and the population in the province is expected to grow by an additional 46% by 2046 – this will lead to increased demand for real estate, resulting in higher pricing and rental rates. Strong job opportunities, affordability benefits, and interprovincial migration are the main drivers of this fast population growth. Long-term appreciation is anticipated to be further supported by housing supply constraints as more people move to Calgary. Belmont Plaza preconstruction phase is now over and is occupied in the year, 2024. |
BUSINESS & REAL ESTATE Alberta as a whole is seen as a very lucrative place for both business and real estate investment. It is home to the LOWEST Tax Rates in the country. There is NO HST as there is no Provincial Sales Tax. The government is committed to investing $10 BILLION as an infrastructure package. On the real estate side, there are NO Land Transfer Taxes, NO Development Charges, and NO Rent Control. The region is open for business and is attracting businesses from not only the rest of the nation but the entire world. What this means for real estate is simple – more business = more people = a higher demand for real estate. The overall return potential is increased by these investor-friendly policies, which drastically lower acquisition and holding costs. Housing demand from families and professionals is predicted to increase steadily as corporate growth continues. Get a similar project at the more affordable option in the same city – the Hotchkiss Court project. |
ECONOMY The economy is BOOMING and just getting started! Alberta is one of the world’s largest oil producers, with 99% of all produced oil currently being sold to JUST the United States and at market low prices. THE FIX – is the Trans Mountain Pipeline, which will move oil through the Rockies to the West Coast for ocean exports to markets across the world and at Higher Pricing! This will create over $70 billion in revenue for producers and over $45 billion in revenue for the provincial and federal governments while bringing thousands of jobs to the sector. Get the most affordable Belmont Plaza pricing with a reliable contractor like My Investment Brokers by your side. At the same time, the region is transforming into a global tech hub and for good reason. It has one of the highest ratios of Science, Tech, Engineering & Mathematics graduates in the country. This is paving the path for Tech Startups and multinational corporations opening up in the region. Not to mention the growing number of “Tech Unicorns” (companies valued at over $1 billion). Combine that with the significant tax savings, it’s no wonder why the economy is on such an uprise. Alberta’s fiscal situation and employment prospects will be strengthened by this increased revenue and access to international markets. Stable housing and increased consumer spending are directly supported by a more robust energy sector. More Jobs – Better Economy = More Housing Needs & Increasing Real Estate Needs! |
LOCATION Featuring a highly desirable location in Calgary’s burgeoning south end near Macleod Trail & 194 Ave SW, residents at Belmont Plaza Condos are conveniently located just moments from Macleod Trail, which seamlessly connects you to the city’s downtown core as well as an upcoming LRT Station located just 500 meters from the development. Nearby shopping includes the Township Shopping Centre & Shawnessy Shopping Centre, which features a fantastic variety of dining options, big box stores, grocery stores and banks. Residents can enjoy both urban accessibility and suburban comfort thanks to this smart placement. Long-term value and commuter convenience are improved by being close to future transit infrastructure. An easy-to-follow Belmont Plaza registration process is implemented to avoid any hassle |
REPUTABLE DEVELOPER Cedarglen Living is an industry leader in the Calgary multi-family community. With 10 years of experience, the Cedarglen Living team strives to provide award-winning customer service, beautifully designed interiors and a finished product that you would be proud to call home. They have been recognized as the Multi-Family “Builder of Choice” 3 years running, which is a testament to how deeply they value their employees, trade groups and customers. Buyers can be confident in the quality of construction and project delivery thanks to their solid reputation. Long-term homeowner satisfaction and resale value are further enhanced by a reputable developer. FAQ* Usually, the list of assignments contains suites with the following configurations: 1-bedroom, 1-bedroom + den, 2-bedroom, and 3-bedroom. The approximate area is from ~631 sq ft to 1,262 sq ft, depending on the unit and floor plan that was bought originally. Of course. Belmont is among Calgary’s swiftly-developing neighbourhoods in the southwest, and it has the demand for housing, the infrastructure it needs, and the rental market interest that make the area attractive. Besides, the boutique low-rise condos are likely to retain their long-term value because of the limited supply in the surrounding area. Yes, the promotions are determined by the seller and market conditions. In general, the most common incentives are: lowering the assignment fees, capping the closing costs, upgrading for free, parking/locker value additions, or a price discount. The buyers are to ask for the latest incentive package related to the specific assignment. For on-time updates, you can subscribe to the My Investment Brokers newsletter or directly contact the team. |
