Aloft Tamarack

POPULATION

Edmonton is the second largest city in Alberta, and the fifth largest in Canada. Currently Edmonton is home to over 1.5 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.

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 in 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.

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.

At the same time, the region is transforming into a global tech hub and for good reason. It has one of the highest ratio of Science, Tech, Engineering & Mathematics graduates in the country. This is paving the path for Tech Startups and Multi-National 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.

More Jobs – Better Economy = More Housing Needs & Increasing Real Estate Needs!

LOCATION

Featuring a highly desirable location near 23 Ave NW & Tamarack Blvd NW, residents can easily travel to Edmonton’s bustling downtown core in just minutes! The surrounding area provides ample opportunity for shopping as the development is just moments from a fantastic assortment of Big Box Stores, Parks, Trails, Schools and more. Travelling throughout the city is made incredibly easy having the Meadows Transit Center and Highways 216 & 14 just minutes away.

REPUTABLE DEVELOPER

Streetside Developments is an award-winning division of Qualico and possesses over 28 years of experience in the multi-family homebuilding industry.