Sandgate Condos

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 in 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
Sandgate is the newest condominium building in a Lakeside Master-Planned Community. This is Calgary’s best four-season lake community. You have the residents only Mahogany Beach Club, 85 Acres of Lake & Beach, Four Season Activities including swimming, kayaking, skating, ice hockey, fishing & more. Did we mention you are just 1 Minute from all of your shopping needs as well as walking distance to a future LRT Station. This is like living at a Resort and is in uber High Demand which should see both real estate pricing and rental rates climb as the community continues to grow.

REPUTABLE BUILDER
Sandgate is being developed by a highly reputable developer, Hopewell, who is a five-time “Developer of the Year” award recipient and has won more than 50 awards over the years for their quality and character, including two prestigious “Canada’s Community of the Year” awards for their Elbow Valley and Mahogany developments.

Quick Facts*

Developer: Hopewell
Address: 9 Mahogany Terrace SE, Calgary, AB
Occupancy: 24 Months
Pricing: Sold Out
Storeys: 4-Storeys
Suite Types: One Bedroom – Three Bedroom Suites
Suite Sizes: 600 sq ft – 1,429 sq ft
Deposit Structure: 10% on Signing // 5% in 6 Months
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, No Building Levies or Development Charges, Free Mortgage Arrangements, Surface Parking Included (1 Bedroom Suites), Underground Parking Included (2 Bedroom Suites)
Building Amenities: Clubhouse, Guest Suite, Fitness Centre