Red Embers Point

Reasons to Buy*

POPULATION
Alberta’s population will grow by approximately 43% to 6.4 million people by the year 2046. Moreso, 4 out of 5 people will be living in the Calgary – Eglinton corridor which is poised for extremely high growth. This will significantly increase demand in these areas causing an increase both house prices 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 an ideal location in the Northeast quadrant of Calgary which is one of the largest employment centers in the CMA with approximately 34% of all Calgary jobs located here! Travelling throughout the city is made easy being just minutes from Highways 201 & 2 as well as the upcoming Green Line LRT. Residents are also in close proximity from the Calgary International Airport. Nearby shopping includes CrossIron Mills which features over 200 specialty stores and outlets including a Costco, Lowe’s Home Improvement, Bed Bath & Beyond and more. 

REPUTABLE BUILDER
Streetside Developments is an award-winning division of Qualico and possesses over 27 years of experience in the multi-family homebuilding industry!

Quick Facts*

Developer: Streetside Developments
Address: Redstone Blvd NE, Calgary, AB
Occupancy: Immediate
Pricing: Starting From The $500s
Home Types: Two Bedroom – Four Bedroom Townhomes
Square Footage: 1,208 sq ft
Condo Fees: $222/month
Deposit Structure: 10% on Signing
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Free Mortgage Arrangements