“Tela” is Italian for “fabric,” and that word provided the inspiration for the tela condominium development in the heart of Calgary’s trendy Mission neighbourhood.
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.
Diversity and volume of home options offer something for homebuyers of every stage
There is no such thing as a “typical” home in the $500,000 to $750,000 price range in Calgary’s market today.
“It is more than a starter home, but no mansion,” said Ray Riley, a REALTOR® with RE/MAX First. “It could even be a teardown in a desirable (inner-city) neighbourhood, or a luxury apartment downtown. It just depends on what the buyer is looking for, and where.”
Limited budget need not limit buyer options
A dollar may not go as far as it used to, but $300,000 can still take Calgary homebuyers a long way.
“At that price, you could look at a one- or two-bedroom apartment with underground or outside parking, and an elevator if you want a high-rise,” said Monique Windrem, a REALTOR® and leasing agent with Hope Street Real Estate Corp. “You might get extra storage, and if you opted for a one-bedroom, you may also have a gym, concierge and security if you’re not set on living downtown.”