DETACHED & SEMI-DETACHED PROPERTIES IN CALGARY
Everyone dreams of a property with a large backyard and a white picket fence. Simply put: most buyers prefer a detached or semi-detached property IF they can afford it. Over 60% of the housing in Calgary sold today is made up of Detached and Semi-Detached houses!
As an investor, you can meet this demand and maximize the revenue potential of your investment by investing in one of these properties and adding a Basement Revenue Unit - essentially created a multifamily residential duplex! This will maximize the rent you earn for the amount you need to invest (units with a basement rental will easily gross over $3,000 per month).
Below are some of the top investment options available in Calgary today!
Recent Market Performance
The Detached and Semi-Detached markets have been the most affected due by raising interest rates
Prices have trended down recently but are still up 14% from this time last year
New listings have increased but mainly in the market’s higher end, supporting more balance conditions, supply of lower-priced homes remains tight and continues to favour the seller
Months of supply currently sits at a very low 1.7 and Sales to New Listings is 125% which will keep upward pressure on prices.
Annual price growth has ranged from a high of 19% in the South East, North and North East districts to a low of nearly eight percent in the City Centre.
Have Questions About Investing?
DETACHED & SEMI-DETACHED INVESTMENT OPPORTUNITIES
CHELSEA
– East Calgary (Chestermere)
– Semi-Detached, Rear Drive
– 3 Bed, 2.5 Bath (1369-1525sf)
– Unfinished Basement /w Sep. Entrance
– Detached Garage + Backyard
Closing: Q1/Q2 2024
Deposit: 10%
Price: $499k to $549k
+ $15k Cash Back at Closing
*SOLD OUT*
RANGEVIEW
– South East Calgary
– Semi-Detached, Rear Drive
– 3 Bed+Den, 2.5 Bath (1623sf)
– Unfinished Basement /w Sep. Entrance
– Backyard
Closing: Q3/Q4 2024
Deposit: 10%
Price: $539k
+ Basement Revenue Suite Option*
*SOLD OUT*
DAWSON'S LANDING
– East Calgary (Chestermere)
– Semi-Detached, Rear & Front Drive
– 3 Bed+Den, 2.5 Bath (1525-1925sf)
– Unfinished Basement w/ Sep. Entrance
– Garage + Backyard
Closing: Q2 2024
Deposit: 10%
Price: $549k to $589k
+ 20k Cash Back at Closing
*SOLD OUT*
SIROCCO
– South West Calgary (Pine Creek)
– Semi-Detached, Rear Drive
– 3 Bed+Den, 2.5 Bath (1525sf)
– Finished Basement w/ Sep. Entrance
– Detached Garage + Backyard
Closing: Q1/Q2 2024
Deposit: 10%
Price: $649k
+ Basement Revenue Suite INCLUDED
*SOLD OUT*
WALDEN
– South East Calgary
– Detached, Front Drive
– 3 Bed+Den, 2.5 Bath (1857sf)
– Unfinished Basement w/ Sep. Entrance
– Garage + Backyard
Closing: Q1/Q2 2024
Deposit: 10%
Price: $641k to $679k
+ Basement Revenue Suite Option*
*SOLD OUT*
CRIMSON RIDGE
– North West Calgary
– Detached, Front Drive
– 3 Bed+Den, 2.5 Bath (1857sf)
– Unfinished Basement w/ Sep. Entrance
– Garage + Backyard
Closing: Q1/Q2 2024
Deposit: 10%
Price: $699k
+ Basement Revenue Suite Option*
+ Next to Lynx Ridge Golf Club
