Everyone is back to school and "regular life" seems to be settling in as we all shift out of summer vacation mode. It looks like we at least have some amazing summer weather still ahead of us though which definitely helps with the transitions this time of year. There are lots of opportunities to get outside - whether you like to check out a fun park, hike, bike or just enjoy the sun on a patio. Speaking of great parks, pathways and patios, have you spent time in University District in NW Calgary? University District is a fantastic master-planned urban community that combines residential, retail and office, shopping, dining and entertainment. Adjacent to the U of C Campus, it is home to dog and people parks, gorgeous natural scenery and a ton of urban amenities. It is also where you'll find my latest listing - a bright, modern 1 bedroom condo. See below for more details on the listing, and more about University District! .
Housing activity continues to move away from the extreme sellers' market conditions experienced throughout the spring. While easing sales, combined with gains in supply, pushed the months of supply above two months in August, (a level not seen since the end of 2022), it will take awhile for the market to fully balance. It was excellent news to hear that the Bank of Canada is cutting the key interest rate to 4.25% which will have a positive impact on market conditions as well.
As an aside, I am excited to let you know I have a very special announcement coming in the next week about a very unique real estate opportunity. More to follow on that - so be on the look out for an important update from me very soon.
I hope you enjoy the last few official weeks of summer. If I can answer any questions you have abpout the market or listing your home, give me a call!
Hot New Listing🔥
316, 4138 University Avenue NW
This gorgeous 1 bedroom 1 bathroom condo offers urban, amenity-rich living at its finest, in one of Calgary's most vibrant and sustainably built communities. With an open-concept layout, 9-foot ceilings and large picture windows opening onto your private patio area, this condo feels bright and spacious throughout. Living in University District means you'll be just steps to shops, groceries, services, an off-leash dog park, restaurants, entertainment, and more. This home is within walking distance to U of C and Children's Hospital, has easy access to transit, bike networks and major driving routes. You won't find a better location that delivers so much value! Book your viewing today to see all this wonderful condo has to offer!
Community Feature 💡
University District
University District is a 200 acre, master-planned "inner city" community built on lands adjacent to University of C. It is an innovative, amenity rich neighbourhood with shops, restaurants, a VIP movie theatre, bakeries, recreation activities and so much more.. Known until 2014 as the West Campus lands, the land that University District now occupies was endowed to U of C in 1995. Today, the land contributes to the growth and betterment of the community surrounding the University. A fresh and new-to-Albertans concept is making the land available to urban-lifestyle-seeking homeowners: a land lease. Leaseholds offer buyers long-term lease properties and are created in communities where the owner of the land can't sell it; often a government, academic institution, or a First Nations community. A well-known practice in many provinces in Canada, and in communities around the world, leasehold agreements have been used for centuries. In this case, it has allowed a dynamic, vibrant neighbourhood to evolve and grow, that delivers a lifestyle of convenience, modern style and a great balance of work, life and play.Watch this video on the original vision for University District here.
