We bring you an exciting new development paving the way for astute investors to make real financial returns in the heart of Midnapore, Calgary. Alture MidCity is a low rise apartment complex offering amazing value at a phenomenal location close to transit, shops, schools and restaurants.
- 10/22 We’re out of the Hole now!
- 11/2 Exciting announcement coming soon!
- 8/3 Demolition commences!
- 7/5 Investment development concept
Located in Calgary, Alture MidCity is a three-story apartment complex offering value at an unbeatable location. With pre-sales starting in Summer 2013, Alture MidCity is expected to attract tenants that are professionals, young couples, and families with small children.
Calgary is a potential goldmine for the astute investor. Ranked #1 Canadian city to invest by the Real Estate Investment Network, Canada Mortgage and Housing Corporation and PriceWaterhouseCoopers, Calgary is situated in a province that is recognized as one of the most vibrant and globally competitive economies in the world. Employment growth and higher incomes has raised the demand for rental units, increasing property sales and shrinking the amount of vacant real estate. The benefits of investing in Calgary’s property market include:
- Lowest overall tax load of any province in Canada
- No provincial sales tax
- Canada’s highest annual family income
- Economic growth of 5.1% in 2011
- Highest Gross Domestic Product (GDP) growth rate in Canad with an average annual GDP growth of 3.4% per year
- Forecasted increase in employment of 2.8% in 2013 and 2.9% in 2014
Alture MidCity is situated close to grocery and retail stores, restaurants, bike trails and parks, and is within walking distance to Shawnessy and Lacombe LRT stations.
Walkscore: 77 – A property’s “walkability” has become increasingly important for both Investors and Home Buyers as it helps determine value retention and future demand. Alture MidCity is strategically located within a half kilometre or a five minute walk from countless restaurants, retail, grocery stores, and schools. Combined with the close proximity to two rapid transit stations, Alture MidCity is anticipated to attract socially responsible tenants.
- Designer kitchens showcasing extended island and seating areas
- Stainless steel appliances
- Abundant storage space throughout the suite
- Large windows and generous balconies that enhance the open-living experience
- In-suite laundry facilities
- Nine-foot high ceilings