Fresh start

New southwest community of Belmont offers new beginnings

Sitting just south of Silverado between 194th Avenue and 210th Avenue S.W., the new Calgary community of Belmont is touted as a quiet refuge on the edge of the city and a place for new beginnings.

“It’s a bright, modern community with a broad appeal for those looking for affordable quality in south Calgary,” said Steve LePan, development manager with Anthem United. “As the first new community in the area, it’s focused on affordable quality for first-time buyers or those new to Canada.”

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Neighbourhood makeover

Redevelopment projects lead to new communities in established areas

Most people think of new communities as being on the outskirts of the city, often in areas where amenities like shopping and schools are still lacking.

But there are a growing number of new communities springing up in well-established areas of Calgary, as redevelopment occurs on lands once used for non-residential purposes.

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One stop shop

New northwest community of Carrington will have something for everyone

The answer to what the new northwest community of Carrington will have when complete is an easy one: pretty much everything.

The neighbourhood, launched as part of the massive Keystone Hills area plan, will include its own high-density housing; an employment and commercial centre built around a planned Green Line CTrain station; direct access to Stoney Trail and downtown; new schools, as well as proximity to existing ones; and acres of parks, wetlands and pathways. It also sits in a high-demand area that is suffering from a shortage of housing supply.

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Eastern charm

Yorkville will bring a taste of Toronto to Calgary’s southwest

Rumour has it that a new residential community in Calgary’s deep southwest takes its name and heritage from an upscale and eclectic inner-city Toronto borough with oodles of history.

Yorkville, the brainchild of Mattamy Homes, is designed around a family friendly outdoor lifestyle that promotes active and healthy living – the kind of lifestyle that cultivates connectedness and interaction.

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Housing market inventory on the rise

Prices remain stable compared to last year

As expected, slow sales this quarter have persisted through March in the City of Calgary. This is not a surprise, after stronger growth in sales at the end of last year following the announced changes to the lending market.

First quarter sales totaled 3,423 units, nearly 18 per cent below last year’s levels and 24 per cent below long-term averages. Easing sales and modest gains in new listings caused inventories to rise and months of supply to remain above four months.

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