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August 2018 Archives

Residential real estate: Downsizing not the same in Alberta

When a homeowner says he or she will be downsizing, it usually means moving into smaller digs. In Alberta, that's not always the case when it comes to residential real estate. In Alberta, downsizing may not mean leaving a home at all. Alberta baby boomers may consider downsizing to mean staying put and revamping what's already been in the family for years. 

Real estate transactions: Plans for Canada's other CN Tower

Many people do not realize that there are actually two CN Towers in Canada. The other is in Edmonton, Alberta and when it comes to real estate transactions, the 27-storey building in the city's downtown core, which CN vacated in 2008, is set to get a new lease on life. The new owner is turning the building into an office complex and has already updated the elevator, mechanical and building security systems.

Legal cannabis to heat up Alberta commercial real estate sector

Officials in Calgary have already approved two shops in two different malls that will be selling legal cannabis -- that is two out of 83 applications for these areas alone. Alberta's commercial real estate sector stands to profit from the October legalization of recreational marijuana with retail stores all set to open shop in a variety of commercial locations, from malls to store front locations. Alberta's total cannabis store applications are approaching the 700 mark.

Alberta residential real estate: Lots of choice for homebuyers

Homebuyers will be happy to know that they have lot of homes from which to choose this summer. Alberta's inventory when it comes to residential real estate is looking healthier than it has in a while. In fact, a local realtor says he has never seen so many homes on the market in the 15 years he has been in real estate.

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