Buying a condo in Calgary for investment
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