Charming Chestermere gives Calgary lake communities a run for their money

Long-time Chestermere REALTOR® Marjorie McKay can’t say enough about living in the small, friendly city on Calgary’s eastern edge. “What a lifestyle,” she said. “It’s like resort living.”

A rapidly increasing number of people are discovering Chestermere’s allure. When McKay moved to the community 27 years ago, the population barely topped 900. Today, it sits around 20,700, with growth of just under two per cent last year.

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Little Bow Resort

Discover one of Alberta’s best-kept vacation secrets

Just an hour-and-a-half south of Calgary and only 30 minutes from the town of Vulcan lies a little-known gem. The Little Bow Resort and its collection of 250 bare land condominium properties is located along the sandy shores of Travers Reservoir, a 17-kilometre-long lake with crystal clear waters fed by the Little Bow River.

“It really is beautifully clean, and it is a deep lake and quiet, so you can really enjoy boating and all of the sports that go along with it,” said Calgary real estate professional and Little Bow property owner Bill MacDougall.

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Up in the air

New B.C. speculation tax could prompt Albertan vacationers to look closer to home for second-property purchases

Scott Henderson has split his work time between clients in the Okanagan and those in his hometown of Calgary for the last 15 years.

Eight months ago, the marketing/communications agency owner got pre-qualified for a mortgage for a second residence in Kelowna. Then, this February, B.C.’s provincial government announced a speculation tax on out-of-province and foreign owners to discourage buy-up of housing by investors who, it claims, leave homes empty and drive up home prices. A homeowner can avoid the tax by living in, or renting out, the home half the year.

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