POPULATION
Calgary is poised for remarkable growth, standing as Canada's third-largest city by population. Over the past decade, it has outpaced major cities like Vancouver and Toronto, boasting the highest population growth. With a current population exceeding 1.3 million people, the province anticipates a further 46% increase by 2046. This substantial growth is anticipated to drive heightened demand in the real estate market, consequently causing an upswing in both property prices and rental rates.
BUSINESS & REAL ESTATE
Alberta, as a whole, is widely regarded as an exceptionally lucrative destination for both business and real estate investment. It boasts the lowest tax rates in the country, with no Provincial Sales Tax, and therefore, no Harmonized Sales Tax (HST). The government's commitment to a substantial $10 billion infrastructure package further enhances the region's appeal. In the realm of real estate, Alberta stands out with no Land Transfer Taxes, no Development Charges, and no Rent Control measures. This business-friendly environment is attracting not only enterprises from across the nation but also garnering attention on a global scale. The implications for the real estate market are straightforward: increased business activity translates to a growing population, creating a heightened demand for real estate.
ECONOMY
The economy is experiencing a robust surge, and this momentum is just beginning. Alberta stands out as one of the world's major oil producers, with a noteworthy 99% of its oil currently directed solely to the United States, often at market-low prices. The transformative solution lies in the Trans Mountain Pipeline, poised to transport oil through the Rockies to the West Coast, facilitating ocean exports to global markets at higher price points. This strategic move is expected to generate over $70 billion in revenue for producers and contribute over $45 billion to both provincial and federal governments, accompanied by the creation of thousands of jobs in the sector.
Simultaneously, the region is evolving into a prominent global tech hub, driven by a compelling factor—the remarkable concentration of Science, Tech, Engineering, and Mathematics (STEM) graduates, one of the highest ratios in the country. This educational foundation is propelling the rise of tech startups and attracting multinational corporations to establish a presence in the area. The landscape is further enriched by the emergence of "Tech Unicorns"—companies valued at over $1 billion. When coupled with substantial tax advantages, it becomes evident why the economy is experiencing such an upward trajectory.
The equation is clear: More jobs and a flourishing economy translate to an escalating demand for housing and an increasing need in the real estate sector.
LOCATION
Nestled in Calgary's sought-after Kensington neighborhood, our location offers residents immediate and effortless access to over 200 restaurants, cafes, and essential urban amenities, all within a short walking distance! Situated mere steps from multiple Calgary Transit bus routes, and a mere 4-minute drive from the Sunnyside CTrain Station, future residents will find themselves just one stop away from the Southern Alberta Technical Institute (SAIT), two stops from the University of Calgary's Downtown Campus, three stops from the University of Calgary, and only one stop from the bustling Downtown Core!
REPUTABLE BUILDER
Prioritizing the enhancement of well-established neighborhoods, the Sable Group excels in overseeing every aspect of construction and operations internally, ensuring seamless management from project initiation to completion. With two decades of involvement in the Calgary community, the Sable Group of Companies places a high value on respecting the community and the individuals who contribute to its vibrant culture.
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