Lionel Sale : Blog : Latest Blog Posts

Understanding Condominium Age Restriction

Tue, 16 May 2023 22:58:38 GMT

There seems to be a bit of confusion around age restricted Condominiums.

Condominiums whose age restriction was "Adult" and the stated age restriction was targeting age 18 to age 55 must be in the process of removing this restriction as it was ruled discrimatory.

Properties with age restriction of 55+ have been ruled acceptable. Going one step further if the 55+ person has an under age spouse or blood relative providing care they can also live on the property. Please click on the attached link for more details.

https://albertahumanrights.ab.ca/Documents/HRCondominiums.pdf

If you need more information please call anytime.

I have sold a property at 121 1717 60 STREET SE in Calgary

Sun, 26 Mar 2023 09:02:01 GMT

I have sold a property at 121 1717 60 STREET SE in Calgary. See details here

Recently Beautifully Updated Ground Floor Unit. All newer kitchen including Cabinets, granite counters, sink. All Newer appliances. Newer hardwood floors. Upgraded bath-vanity. Newer cabinets in laundry. Building is very secure with alarm and closed circuit cameras throughout. Excellent location, 5 minutes from Stoney Trail. across from Elliston Park. Quiet street. Under Ground Heated Parking Stall. Secure separate storage locker. Condo fees include; Heat, Power, Water, Trash, Recycle. Excellent Value.

I have sold a property at 205 4732 54 STREET in Red Deer

Tue, 07 Mar 2023 09:02:19 GMT

I have sold a property at 205 4732 54 STREET in Red Deer. See details here

Affordable home ownership is here! Here is your opportunity to start or add to your investment portfolio, long term tenant in place who would love to stay. Check out this one bedroom, renovated unit in the heart of downtown Red Deer. Featuring laminate flooring, in suite laundry, spacious living area and more. Steps away from schools, shopping and parks this is the perfect location to live or rent.

New property listed in Red Carpet, Calgary

Sun, 19 Feb 2023 09:01:49 GMT

I have listed a new property at 121 1717 60 STREET SE in Calgary. See details here

I have sold a property at 3309 3727 Sage Hill DRIVE NW in Calgary

Sat, 04 Feb 2023 09:02:15 GMT

I have sold a property at 3309 3727 Sage Hill DRIVE NW in Calgary. See details here

Welcome to this IMMACULATE, unique home with VIEWS throughout & tons of NATURAL LIGHT- a visit during the day is a MUST. As one of the larger units, 840 sq ft RMS (builder size 911 sq. ft. built by SHANE homes ), it is equipped with a fresh air ERV system and boasts a QUARTZ island, large SPA-like ensuite with WALK-IN shower and extended vanity, IT zone, room for a dining table, and OVERSIZED balcony and patio doors. The stunning kitchen is a chefs delight - great for entertaining with UPGRADED appliances and shaker style cabinets, and built-in PANTRY with pull-out shelves. The Primary suite comes with ceiling fan and generous sized closet, and the 2nd bedroom is large enough for a queen size bed and has BUILT-IN shelving. The spacious living room has a reinforced wall for a MOUNTABLE TV, ceiling fan and AIR CONDITIONING- essential for staying cool in the SUMMER. Outside you will love your extra-large SOUTH facing covered balcony to enjoy the daylight from morning to night. Included in this SECURE and video monitored building is titled UNDERGROUND parking, assigned storage and bicycle storage. UNBEATABLE LOCATION within distance to Walmart, restaurants, transit, walking paths and more!!

I have sold a property at 411 8604 48 AVENUE NW in Calgary

Thu, 26 Jan 2023 09:01:52 GMT

I have sold a property at 411 8604 48 AVENUE NW in Calgary. See details here

Silverwood on the Park is a Premier Adult building, very well managed, and Secure with Heated underground parking and Three spacious rooftop terraces. Condo fees include ALL utilities. This Modern bright unit has a large balcony overlooking Bowness park with spectacular views of the River Valley. Recently Nicely updated it features an updated Open kitchen with very large Dining and Living rooms, there are 2 bedrooms, the Master is spacious with full width closet. All the flooring and Windows are Newer. There is a big storage room at the front door as well as another big closet. The kitchen also has a pantry so plenty of storage. The Silverwood offers great amenities including Exercise room with all new equipment (Looking out at the park) Large rec-room with kitchen, Sauna, Sitting room with New furniture. This is a quiet 18+ building that has had many recent improvements including windows & security system. Located on the Edge of Bowness Park. The Bowmont off-leash park is close by as well as the Bow River Bike path that stretches to downtown. Close-by is a variety of Restaurants, shopping and the New Farmer's Market. Less than 5 minutes to Stony Trail this location is ideal. Call your favorite Realtor Today.

I have sold a property at 87 Patina POINT SW in Calgary

Fri, 13 Jan 2023 09:01:54 GMT

I have sold a property at 87 Patina POINT SW in Calgary. See details here

Capilano Point Townhouse with FULL WALK-OUT basement. Spacious Open Floor plan. On the main a Large living room with Hardwood floor and Gas fireplace adjoining dining room leading into a large kitchen with big windows looking out on to a balcony overlooking Green Space with views of the River Valley. Completing the main is a half bath and MAIN FLOOR LAUNDRY. Upstairs there are 2 good size bedrooms including a King-size Primary with Plenty of closet and a 4 piece en-suite that is also accessed from the hall. A large den/TV room with very nice functional built-in cabinet gives this space a variety of uses. The lower level has a great lay-out with high ceilings, Large Rec-room with a door leading out to a Patio facing the Green space. In addition there are very nice Desk /book shelf built-ins creating a perfect space for TV / Games room. also another full bath, Hobby room, and a very generous amount of storage space. Open House Saturday December 17, 1pm to 4pm Come a view this great home.

New property listed in Bowness, Calgary

Thu, 12 Jan 2023 09:01:51 GMT

I have listed a new property at 411 8604 48 AVENUE NW in Calgary. See details here

I have sold a property at 535 Thornhill DRIVE NW in Calgary

Sat, 31 Dec 2022 09:02:00 GMT

I have sold a property at 535 Thornhill DRIVE NW in Calgary. See details here

AMAZING LOCATION !! On a quiet street. Backing on to Green space! This spacious Unique 1,700 square foot Bungalow sits on an oversized lot (9,000 sqft) with a PRIVATE sunny south yard. Walking distance to schools, playgrounds, shopping, and transit. The main floor is well laid out featuring a spacious front living room, a large adjoining dining room and a Huge Bright Kitchen that has a Skylight and seemingly endless counter and cupboard space, perfect for entertaining family and friends. Main floor also offers 4 Bedrooms & 2 FULL baths. The Primary has a huge walk-in closet with Laundry and a spacious 4 piece en-suite. In addition the Primary has garden doors leading to a Newer Deck that extends the full width of the house (with gas line for Bar-B-Q), Over looking a private south backyard with mature trees, patio with firepit, and raised gardens. (Primary has a gas line for future gas fireplace) The lower level is partially finished with a huge rec-room, 2 more bedrooms and large hobby/flex room. This location offers very easy access to Deerfoot and John Laurier in addition 1 bus takes you Downtown and to Highly regarded schools. The Thorncliffe Community center is close by and has amazing amenities' for the whole family. This house has had numerous upgrades over the years.

Open House. Open House on Saturday, December 17, 2022 1:00PM - 4:00PM

Fri, 16 Dec 2022 09:01:52 GMT

Please visit our Open House at 87 Patina POINT SW in Calgary. See details here

Open House on Saturday, December 17, 2022 1:00PM - 4:00PM

New property listed in Patterson, Calgary

Thu, 08 Dec 2022 09:01:57 GMT

I have listed a new property at 87 Patina POINT SW in Calgary. See details here

New property listed in Thorncliffe, Calgary

Thu, 08 Dec 2022 09:01:57 GMT

I have listed a new property at 535 Thornhill DRIVE NW in Calgary. See details here

AMAZING LOCATION !! On a quiet street. Backing on to Green space! This spacious Unique 1,700 square foot Bungalow sits on an oversized lot (9,000 sqft) with a PRIVATE sunny south yard. Walking distance to schools, playgrounds, shopping, and transit. The main floor is well laid out featuring a spacious front living room, a large adjoining dining room and a Huge Bright Kitchen that has a Skylight and seemingly endless counter and cupboard space, perfect for entertaining family and friends. Main floor also offers 4 Bedrooms & 2 FULL baths. The Primary has a huge walk-in closet with Laundry and a spacious 4 piece en-suite. In addition the Primary has garden doors leading to a Newer Deck that extends the full width of the house (with gas line for Bar-B-Q), Over looking a private south backyard with mature trees, patio with firepit, and raised gardens. (Primary has a gas line for future gas fireplace) The lower level is partially finished with a huge recroom, 2 more bedrooms and large hobby/flex room. This location offers very easy access to Deerfoot and John Laurier in addition 1 bus takes you Downtown and to Highly regarded schools. The Thorncliffe Community center is close by and has amazing amenities' for the whole family. This house has had numerous upgrades over the years. OPEN HOUSE Sunday December 11, 2pm to 4pm.

Open House. Open House on Saturday, December 10, 2022 1:00PM - 4:00PM

Thu, 08 Dec 2022 09:01:57 GMT

Please visit our Open House at 87 Patina POINT SW in Calgary. See details here

Open House on Saturday, December 10, 2022 1:00PM - 4:00PM

Open House. Open House on Sunday, December 11, 2022 2:00PM - 4:00PM

Thu, 08 Dec 2022 09:01:57 GMT

Please visit our Open House at 535 Thornhill DRIVE NW in Calgary. See details here

Open House on Sunday, December 11, 2022 2:00PM - 4:00PM

AMAZING LOCATION !! On a quiet street. Backing on to Green space! This spacious Unique 1,700 square foot Bungalow sits on an oversized lot (9,000 sqft) with a PRIVATE sunny south yard. Walking distance to schools, playgrounds, shopping, and transit. The main floor is well laid out featuring a spacious front living room, a large adjoining dining room and a Huge Bright Kitchen that has a Skylight and seemingly endless counter and cupboard space, perfect for entertaining family and friends. Main floor also offers 4 Bedrooms & 2 FULL baths. The Primary has a huge walk-in closet with Laundry and a spacious 4 piece en-suite. In addition the Primary has garden doors leading to a Newer Deck that extends the full width of the house (with gas line for Bar-B-Q), Over looking a private south backyard with mature trees, patio with firepit, and raised gardens. (Primary has a gas line for future gas fireplace) The lower level is partially finished with a huge recroom, 2 more bedrooms and large hobby/flex room. This location offers very easy access to Deerfoot and John Laurier in addition 1 bus takes you Downtown and to Highly regarded schools. The Thorncliffe Community center is close by and has amazing amenities' for the whole family. This house has had numerous upgrades over the years. OPEN HOUSE Sunday December 11, 2pm to 4pm.

I have sold a property at Innisfail

Sat, 26 Nov 2022 09:02:20 GMT

I have sold a property at Innisfail. See details here

ATTENTION CAR COLLECTORS* LEGAL Suite in Commercial Bldg. This building was custom built to house a private collection plus provide a RESIDENCE for the owner. 5,200 square foot building divided into 5 parts. Part 1- is 6 private garage bays that have long term renters. Part 2- is a 4 Bay project shop closed off from the rest of the building perfect for restoration projects, equipped with a Compressor and 220v. Part 3- is 2 residences, On the main floor suite is just over 1,000sq.ft. 1 bedroom self contained Very nice Owner suite, One & half bath, and laundry. The 2nd is a tenant occupied smaller 1 bedroom 1 full bath suite on the mezzanine floor. Part 4- The main building space for vehicle storage is equipped with 3 lifts (included) that currently allows for storage of 13 vehicles More lifts can be added. Part 5- is a separate large bay for private owner parking, boiler room and customer washroom. All spaces are currently occupied rented to long term renters plus there is a waiting list. The Building has in-floor boiler heat and is well insulated, very clean and in excellent condition. In addition there are 7 C-cans on the property that stay, also rented out. The property is a ½ Acre so plenty more room for additional C-cans or RV storage. The lot is mostly paved, part is well graveled, it is level and fenced. Tons of possibilities with this Very Clean, Very well kept property.

October Sales Data

Tue, 01 Nov 2022 18:03:32 GMT

Nov. 01, 2022 | CREB

Sales remain stronger than pre-covid levels

City of Calgary, Nov. 1, 2022 – October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector.

However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported prior to the pandemic. Year-to-date sales have reached 26,823 and with only two months to go, 2022 will likely post a record year in terms of sales.

“Calgary hasn’t seen the same degree of pullback in housing sales like other parts of Canada, thanks to persistently strong demand for our higher density product,” said CREB^® Chief Economist Ann-Marie Lurie. “While our city is not immune to the impact that inflation and higher rates are having, strong employment growth, positive migration flows and a stronger commodity market are helping offset some of that impact.”

New listings also trended down this month causing the sales-to-new-listings ratio to rise to 85 per cent and inventories to trend down. Much of the inventory decline has been driven by product priced below $500,000.

While conditions are not a tight as what was seen earlier in the year, with only two months of supply, conditions remain tighter than historical levels. We are also seeing divergent trends in the market with conditions continuing to favour the seller in the lower-price ranges and shifting to more balanced conditions in the upper-price ranges.

As of October, prices have eased by four per cent relative to the highs reached in May. This is considered a relatively small adjustment when considering price movements in other large cities. It is also important to note that the October benchmark price is still nearly 10 per cent higher than levels reported last year.

Detached

Sales growth in the over $700,000 price range this month were not enough to offset the declines in the lower-price ranges, causing detached sales to ease by over 29 per cent compared to last year. Limited supply growth in the lower-price ranges continue to keep conditions exceptionally tight for lower-priced detached homes.

In October, inventory levels for detached homes were under 2,000 units, nearly 35 per cent lower than typical levels reported for the month. Moreover, over 42 per cent of the inventory falls in the upper-price ranges of the market. This is likely creating a situation where pricing trends will vary depending on price range.

Overall, detached prices did trend down relative to last month and peak levels in May but remain nearly 12 per cent higher than levels reported last October. The strongest year-over-year price gains have occurred in the North and South East districts.

Semi-Detached

While sales remain lower than last year’s levels in October, recent pullbacks have not offset gains from earlier in the year and year-to-date sales improved by nearly three per cent. A pullback in new listings relative to sales caused the sales-to-new-listings ratio to push above 80 per cent this month and inventories to ease, leaving the months of supply just over two months.

The benchmark price, while easing slightly compared to last month, remained over nine per cent higher than last year’s levels. Year-over-year price gains have varied from a low of nearly eight per cent in the City Centre to a high of 16 per cent in the North district.

Row

Row sales continue to rise relative to last year supporting a year-to-date gain of nearly 42 per cent. At the same time, new listings this month eased ensuring that the sales-to-new-listings ratio remain exceptionally tight at 106 per cent. Falling inventories and improving sales have ensured this market continues to favour the seller with less than two months of supply. This has also prevented the same adjustment in price.

As of October, the benchmark price was $361,200, less than one per cent lower than the peak achieved in June of this year. Overall, prices remained nearly 15 per cent higher than last year’s levels. The strongest price gains occurred in the South East, North East and North districts.

Apartment Condominium

Apartment sales continue to rise over levels reported last year contributing to the year-to-date increase of over 56 per cent. Improving sales were also met with gains in new listings, but as the growth in sales outpaced the new listings activity, inventory levels continue to trend down. As of October, the months of supply remained just below three months, the lowest level recorded in October since 2013.

In October, the benchmark price was $277,800, similar to last month and nearly 11 per cent higher than last year’s levels. Some of the strongest price gains have occurred in areas outside of the City Centre. Despite persistent price growth, overall prices remain nine per cent below previous highs set back in 2014.

September 2022 Market Update

Mon, 03 Oct 2022 17:52:17 GMT

SEPTEMBER HOUSING MARKET UPDATE
Oct. 3, 2022

Demand shifting to more affordable options

Strong sales for condominium apartment and row properties was not enough to offset declines reported for other property types. This caused city sales to ease by nearly 12 per cent compared to last year.

However, with 1,901 sales in September, activity is still far stronger than levels achieved prior to the pandemic and is well above long-term trends for September. Despite recent pullbacks in sales, and thanks to strong levels earlier in the year, year-to-date sales remain 15 per cent higher than last year’s levels.

“While demand is easing, especially for higher priced detached and semi-detached product, purchasers are still active in the affordable segments of the market, cushioning much of the impact on sales,” said CREB® Chief Economist Ann-Marie Lurie. “At the same time, we are seeing new listings ease, preventing the market from becoming oversupplied and supporting more balanced conditions.”

In September, new listings declined by ten per cent. With a sales-to-new-listings ratio of 72 per cent, it was enough to prevent any gain in inventory levels, which declined over last month and were nearly 21 per cent lower than last year’s levels. The adjustments in both sales and supply levels have caused the months of supply to remain relatively low at less than three months.

The shift to more balanced conditions is causing some adjustments to home prices. While prices have slid from the highs seen in May, as of September, benchmark prices remain 11 per cent higher than last year and six per cent higher than levels reported at the beginning of the year.

I have sold a property at 30 Brae Glen COURT SW in Calgary

Wed, 31 Aug 2022 09:02:15 GMT

I have sold a property at 30 Brae Glen COURT SW in Calgary.

Lionel Sale : Blog : Latest Blog Posts

Understanding Condominium Age Restriction

I have sold a property at 121 1717 60 STREET SE in Calgary

I have sold a property at 205 4732 54 STREET in Red Deer

New property listed in Red Carpet, Calgary

I have sold a property at 3309 3727 Sage Hill DRIVE NW in Calgary

I have sold a property at 411 8604 48 AVENUE NW in Calgary

I have sold a property at 87 Patina POINT SW in Calgary

New property listed in Bowness, Calgary

I have sold a property at 535 Thornhill DRIVE NW in Calgary

Open House. Open House on Saturday, December 17, 2022 1:00PM - 4:00PM

New property listed in Patterson, Calgary

New property listed in Thorncliffe, Calgary

Open House. Open House on Saturday, December 10, 2022 1:00PM - 4:00PM

Open House. Open House on Sunday, December 11, 2022 2:00PM - 4:00PM

I have sold a property at Innisfail

October Sales Data

September 2022 Market Update

Demand shifting to more affordable options

I have sold a property at 30 Brae Glen COURT SW in Calgary

I have sold a property at 220 52 Cranfield LINK SE in Calgary

New property listed in Woodbine, Calgary

Open House. Open House on Saturday, July 30, 2022 1:00PM - 4:00PM

New property listed in Cranston, Calgary

Open House. Open House on Sunday, July 17, 2022 2:00PM - 4:00PM Nice House * Fabulous Location

I have sold a property at 199 Woodmont TERRACE SW in Calgary

Open House. Open House on Saturday, July 2, 2022 1:00PM - 4:00PM Nice House * Fabulous Location

Open House. Open House on Saturday, June 18, 2022 1:00PM - 4:00PM Great Home don't miss this one!

I have sold a property at 82 Harvest Creek CLOSE NE in Calgary

Open House. Open House on Saturday, June 4, 2022 1:00PM - 4:00PM Great Home don't miss this one!

I have sold a property at 313 2144 Paliswood ROAD SW in Calgary

Open House. Open House on Sunday, May 29, 2022 1:00PM - 4:00PM Great Home don't miss this one!

I have sold a property at 558 Evanston MANOR NW in Calgary

I have sold a property at 46 Silverado Plains CIRCLE SW in Calgary

New property listed in Palliser, Calgary

I have sold a property at 20 Hidden Spring PLACE NW in Calgary

New property listed in Braeside, Calgary

New property listed in Evanston, Calgary

I have sold a property at 3 8544 48 AVENUE NW in Calgary

I have sold a property at 51 5400 Dalhousie DRIVE NW in Calgary

Open House. Open House on Saturday, March 5, 2022 2:00PM - 4:00PM

New property listed in Dalhousie, Calgary

I have sold a property at 2118 2 AVENUE NW in Calgary

New property listed in Bowness, Calgary

I have sold a property at 672 River Heights CRESCENT in Cochrane

I have sold a property at 36 Hampstead WAY NW in Calgary

New property listed in Hamptons, Calgary

New property listed in West Hillhurst, Calgary

I have sold a property at 21 2815 Palliser DRIVE SW in Calgary

Happy New Year !

I have sold a property at 8815 36 AVENUE NW in Calgary

I have sold a property at 19 Millview WAY SW in Calgary