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Buying a condo in Calgary for investment

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If you ’ re not in a rush for returns, Calgary is a great place right now to invest in a condo especially with the Carlisle Group .  With fresh air, reliable public transit, and no provincial sales taxes, it shouldn't come as a surprise that this city is making a cautious comeback after the price of oil crashed in 2015 and devastated the economy.    Buying a condo here now seems like a win-win whether you ’ re looking to invest over the long term with a renter, or you want to move into an outdoorsy low maintenance lifestyle right away.   Calgary condos have also become increasingly appealing to foreign investors, now that non-residents who buy new homes in Vancouver and Toronto face a 15 percent tax.  In addition to oil, Calgary is known as the cleanest city in the world, according to Forbes magazine. Doctors are easy to find here, and getting around in poor weather is a piece of cake thanks to Calgary ’ s 16 km skywalk. The city's craft beer scene

Why you should choose convenient condo living in Calgary

Whether you’re making your first leap into homeownership or downsizing, condo living has many benefits, one of which is their mere convenience. One of the best aspects of condo living is their relative affordability. Of course, you need to take into account maintenance fees, but the overall cost of purchasing a condo will be cheaper than a townhome, semi- or detached-home.   To give you an idea of how much money you can save by opting for condo living , the average price of a condominium was $297,558 in the third quarter of 2017 as opposed to $520,624 for a two-storey home, according to a recent study by Royal LePage. Not only can condo residents purchase a home at a lower price point, they can do so in some of the most desirable neighbourhoods in the city, which would otherwise be out of reach for many buyers. There are many new condo communities coming to Calgary that are located in convenience areas, surrounded by shopping, restaurants and entertainment. Granted,