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News

September Real Estate Trends in Alberta

November 2, 2016   /   News  

The Edmonton and Calgary Real Estate Board have both published their respective market statistics for the month of September, 2016. Here is Citytrend's overview of the September Real Estate Trends in Alberta. Calgary Real Estate Board Statistics for September The month of September saw an increase in sales from 1,422 sales in 2015 to 1,645 sales in 2016. This is the first increase year to year i..

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Vancouver Foreign Tax Won’t Damage the Real Estate Market

October 28, 2016   /   Real-Estate  

On July 25, 2016, the government of British Columbia introduced a 15% foreign buyer's tax. As of October 2016, the real estate market has shown some slowing signs that could be the results of the new foreign buyer's tax. The real impact will be difficult to evaluate in the short term and we may never have clear data on the actual effectiveness of the tax. After reviewing data from the Real Estate ..

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Inner city redevelopment less impacted by new mortgage rules

October 12, 2016   /   Real-Estate  

The new mortgage rules, announced on Monday, October 3rd by federal Finance Minister Bill Morneau, are slated to come into effect on October 17th. Like any new rules, the impact intended may not be reached without creating additional repercussions. Reviewing opinions from economists and experts in the field, we can't help but notice that the inner city redevelopment industry may be less impact..

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What is a development permit and a building permit

January 5, 2016   /   Zoning  

Let's just start by saying that a Development Permit is not the same as a building permit. Both permit processes have a very specific set a rules to meet. The Development Permit is reviewed against the rules of a Land Use Bylaw (zoning) and the Building Permit is reviewed against the rules of the Building Code. Development Permit A development permit provides permission for a specific type of d..

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4 Reasons Portland’s Urban Planning is the Best

January 4, 2016   /     

Portland's urban renewal story is known country-wide as being successful. It's a tale that includes community, innovation, eco-conscious measures, much of which was lampooned in hit comedy sketch show, Portlandia. The redevelopment has become a case study for developers of other major cities because Portland is more like the girl-next-door of cities, rather than having the untouchable status that ..

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Build and legalize your basement suite

October 28, 2015   /   Real-EstateSecondary Suite  

Building more rental suites is a great solution to increase density of existing neighborhoods and to add rental units in a very limited rental market. In order to encourage home owners to build and legalize their basement suite, the City of Calgary has introduced a series of measure to reduce cost and eliminate red tapes along the process. You can read our blogs on secondary suite for more inform..

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Secondary Suite Registry

October 27, 2015   /   Real-Estate  

Secondary suites are an important source of rental housing in many cities and towns across Canada. A secondary suite is a private, self-contained unit within an existing dwelling, that has independent access, a kitchen, bedrooms and bathrooms. It should also have a parking space and other amenities like a balcony space or small greenery space. The city of Calgary has rolled out a secondary suit..

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What is the Subdivision and Development Appeal Board

October 24, 2015   /   Real-Estate  

Established under the Municipal Government Act, the Subdivision & Development Appeal Board (SDAB) is in charge of both reviewing and approving planning applications and giving the go-ahead for contentious development within a municipality. Being a special tribunal, the board hears development and subdivision appeals from people who are concern with a decision made under the Land Use Bylaw b..

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Development Permit waived for Secondary Suites

October 20, 2015   /   News  

In the City of Calgary, the debate about Secondary Suites has been a hot topic for many years. City Council recently approved an eighteen-month Development Permit exemption for Secondary Suites that runs from September 1st, 2015 until March 3rd, 2017. What’s the benefit? If you own an eligible property, you can save up to $2,200 in application fees and the cost of bypassing the Development Pe..

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Planning approval

September 22, 2015   /   Past Projects  

Location The property is located in the South West quadrant of the City of Calgary on the corner of Old Banff Coach Road and 85th Street SW in the community of West Springs. West Springs is characterized by low density residential development with a commercial node along 85th Street. Over the past eight years, 22 landowners, with a combined total of 110 acres of land, have updated the existing Ar..

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