A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

 

Considering Buying a Condo?

Condominiums are a very popular housing choice for many Calgarians. Today, it accounts for well over 30% of all homes purchased and sold. Across Canada, ownership of condominiums is growing at a phenominal pace. However, there are a number of things to research and keep in mind before making an offer on a condo.

Maintenance Fees

Condominium corporations collect fees on behalf of their owners that cover a variety of items from modest maintenance and upkeep fees to high fees for extravagant luxury amenities. Sometimes some utilities are even included in these monthly fees. Before you place the offer on your dream condo, make sure that you clearly understand what's included in the monthly fees and whether or not there are any out-of-the-ordinary expenses likely to be incurred in the near future. These aren't always due to deferred maintenance, but can be planned upgrades. A little investigation can keep you from being taken by surprise.

Reserve Fund Studies

As a...
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We have sold a property at 416 260 Shawville Way SE in Calgary.
Located in the Gateway Shawnessy complex, this 1-bedroom top-floor unit has been beautifully maintained and recently upgraded. The unit comes with one titled underground parking stall & separate titled storage locker (Buyer also has option to assume monthly lease ($50/mo.) for 2nd parking stall). Complex also boasts 37 guest parking stalls in secured/underground parkade. The condo has been freshly painted and also offers new laminate & tile flooring. The unit features in-suite laundry/storage area, corner gas fireplace, all appliances incl. stackable washer/dryer and large balcony w/gas BBQ hook-up. Located just east of the Somerset LRT station, it takes minutes to walk to the Shawnessy YMCA, library, schools and all of the shops/restaurants offered in the area. Put this one at the top of your list, an absolute must see!
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