River Valley

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.

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
Located at Silver Valley Rd & Nose Hill Dr NW in Calgary’s desirable northwest end, residents at River Valley are conveniently located just moments from Highway 201 which seamlessly connects commuters to Highways 1 & 1A and minutes from the Crowfoot LRT Station making travelling throughout the city a breeze. Residents will also be a short distance from the University of Calgary, Crowfoot Crossing Shopping Mall, CF Market Mall, Alberta Children’s Hospital and much more.

REPUTABLE BUILDER
Genco Development Corp is a highly reputable developer who has been in the building industry since 1998 and has developed over 600,000 square feet of commercial space and properties.

Quick Facts*

Developer: Genco Development Corp
Address: Silver Valley Rd & Nose Hill Dr NW, Calgary, AB
Pricing: Sold Out
Occupancy: 2026
Storeys/Suites: 4-Storeys / 138 Suites
Suite Types: One Bedroom – Two Bedroom + Den Suites
Suite Sizes: 579 sq ft – 1,032 sq ft
Maintenance Fees: Approx. $0.38/sq ft
Deposit Structure: 5% on Signing // 5% in 180 Days
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, No Building Levies or Development Charges, Free Mortgage Arrangements, Underground Parking & Storage Included
Suite Finishes: Luxury Vinyl Plank Flooring, Quartz Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Fitness Studio, Professionally Managed, Guest Suite, Social Room with Kitchenette, Business Centre, Amazon Drop Off, Bike Storage, Caged Storage