Property Management and Real Estate Services

Global News

Get into the Christmas spirit by enjoying some of the family-friendly holiday events happening around Calgary this year.

Zoolights

Head to the Calgary Zoo for their annual Christmas light display. 1.5 million twinkling lights line pathways and twist around trees, forming animals shapes and flashing to music. Dress warmly because this event is outside – but if you get cold there are fire pits to keep you warm, as well as hot chocolate.
WHEN: November 21st, 2014 – January 3rd, 2015
COST: General Admission $14.00, Child (3 – 15) $11.00, Infant (2 & under) Free
WEBSITE: Calgary Zoo

Once Upon a Christmas at Heritage Park

Take a trip to Heritage Park to experience Christmas from years gone by.
You can enjoy a romantic wagon ride with a loved-one or sing Christmas carols with the kids. Other activities include gingerbread cookie decorating, a petting zoo and snow painting.
WHEN: Weekends from November 22nd – December 21st, 2014, 9:30 a.m. – 4 p.m.
COST: General gate admission (15 – 64) $10.25, Child (3 – 6) $5.00, Youth (7 – 14) $6.35, Senior (65+) $8.15.
WEBSITE: Heritage Park

Handel’s Messiah

Watch the Calgary Philharmonic Orchestra’s performance of Handel’s Messiah at the Jack Singer Concert Hall on Dec 12th and 13th. Or, join the crowd in a chorus of “Hallelujah” at the sing-along Messiah on the 14th.
WHEN: Dec 12th and 13th, 2014 / December 14th, 2014
COST: $25 – $90
WEBSITE: Calgary Philharmonic Orchestra

Lions’ Festival of Lights

The Festival of Lights is the largest free drive-by Christmas lights display in Calgary. Every year, volunteers help assemble over 105,000 LED lights in Confederation Park. The display draws over 55,000 visitors every day. It can be seen along 14th Street N.W., south of 24th Avenue.
WHEN: November 29th, 2014 – January 8th, 2015. 6 p.m. – Midnight
COST: Free
WEBSITE: Lions Festival of Lights

Country Christmas with George Canyon

Join Canadian country superstar George Canyon as he celebrates the Christmas season for just one night at the Jack Singer Concert Hall. According to the Calgary Philharmonic Orchestra, his special Christmas performance will features holiday favourites along with some of his biggest hits.
WHEN: Wednesday, December 17, 2014 at 7:30 p.m.
COST: $45 – $85
WEBSITE: Calgary Philharmonic Orchestra

Christmas at Spruce Meadows

Spruce Meadows uses a quarter of a million lights to blanket their entire facility. Hop in your car and drive the 2 kilometer route through the grounds to witness their spectacular display, which includes Tournament Lane, The Courtyard, Traffic Circle, the Nations Flag Park, Congress Hall, Riders Chapel and the Pond.
WHEN: December 5th to January 4th, every evening between 5-10 p.m.
COST: Free
WEBSITE: Spruce Meadows

The Nutcracker

A staple among numerous ballet companies, the Nutcracker tells the tale of Klara and her Nutcracker as they battle against the evil Rat Tsar and his army of mice, set to Tchaikovsky’s score.
WHEN: Dec 18th to Dec 24th, 2014.
COST: Adult: $29 – $116, Child (12 years and under): $20 – $116, Student / Senior : $29 – $116
WEBSITE: Alberta Ballet

 

A Christmas Carol

Watch Charles Dickens’ classic novel come to life at Theatre Calgary. The play tells the story of how bitter Ebenezer Scrooge learns to open his heart and embrace the spirit of Christmas.
WHEN: November 27th, 2014 – December 24th, 2014.
COST: $35.00 – $116.00
WEBSITE: Theatre Calgary

CP Holiday Train

The CP Holiday Train is North America’s longest rolling food bank fundraiser. Over the three weeks of the program, musicians play more than 150 concerts from a boxcar turned into a travelling stage. Performers this year include the Odds and Jim Cuddy.
WHEN: Dec 12th, 6 p.m. at the gravel parking lot on Horton Road behind the Brick and Schanks (9511 Horton Road S.W.)
COST: Free – but attendees are encouraged to bring either a non-perishable food item or cash donation for the Calgary Food Bank.
WEBSITE: Holiday Train

Outdoor skating

Celebrate the holidays with an outdoor skate! Hold hands to keep warm – and don’t forget your helmet.
WHEN: In Calgary, outdoor skating rinks are weather dependent but are typically open mid-December through February, except for Olympic Plaza which is a refrigerated ice surface and is generally open from mid-November to mid-March.
COST: City-maintained outdoor rinks are free to use and are flooded as needed during low usage hours.
WHERE: The following outdoor skating rinks are maintained by The City:
• Big Marlborough Park – opening mid December
• Bowness Park Lagoon – opening mid December
• Carburn Park – opening mid December
• Olympic Plaza – opening mid November
• Prairie Winds Park – opening mid December
• Prince’s Island Lagoon – opening mid December

BY MARIO TONEGUZZI, CALGARY HERALD

CALGARY – Calgary and Edmonton top the list of residential real estate investment markets in Alberta, according to a new report released Tuesday.

The new REIN (Real Estate Investment Network) Score measures each city or town on five different categories for a total of 50 points including: Economic Risk (possible 12 points); Yield Growth Potential (possible 12 points); Investors’ Insights (possible 10 points), Political Climate (possible 8 points), and Accessibility (possible 8 points).

Calgary and Edmonton topped the rankings with 50 points followed by Fort Saskatchewan (43), Airdrie (41), St. Albert (39), Red Deer (39), Lloydminster (38), Fort McMurray(36), Grande Prairie (36), and Leduc (34).

Melanie Reuter, director of research with REIN, said “the two most important criteria are the economic risk with a big focus on existing and future jobs and job growth, and the growth potential of yield. Will the going-rent rates mean your cashflow is good in relation to the house prices and is there potential for more and larger growth as the local economy improves?

“It is also important to take into consideration the political climate of a community and whether it has a solid growth plan, cashflow squashing taxes, and whether it has restrictive rental policies. If you can raise rents to match demand or your property taxes are expensive compared to other communities, your current and existing cashflow is compromised.”

Calgary received 12 out of 12 in the economic risk category, 10 out of 12 in yield growth potential, six of eight in local politics conducive to business, eight of eight in access to transportation and nine of 10 in investor’s insights.

The report said the formula of job creation creating an influx of people, leading to higher housing values is evident in Calgary.

“The market is hot! Real estate agents serving investors have noted that good inventory is very hard to come by,” said the report.

“The Calgary Real Estate Board believes that following a prolonged period of Calgary being a seller’s market, the city is once again beginning to move toward more balanced market conditions. Price gains will continue for every housing type, but at a more sustainable pace.”

According to CREB, as of Monday, year-to-date MLS sales in Calgary were 22,941, up 10.67 per cent from the same period a year ago. The median price has risen by 6.88 per cent to $427,500 while the average sale price has increased by 5.78 per cent to $483,115.