In February 2025, Calgary’s vibrant neighbourhoods will host a variety of exciting events that are sure to capture the city's energy. From the dynamic performances at Chinook Blast to the mix of local and international talent at the Block Heater Festival, there’s something for everyone. The YYC Hot Chocolate Festival will satisfy your sweet tooth while supporting a good cause, and the Ethnik Festival of Arts & Culture will offer a celebration of diverse traditions. With so many events taking place, let's explore some of the top happenings in Calgary this February, including a few you might not expect.
Highlights of Calgary Events: February 2025
Chinook Blast 2025 runs from January 31 to February 17. It features live performances and transforms
When considering purchasing a condominium in Canada, you should understand that condo insurance isn't just a recommendation—it's key to protecting your investment in a condo. This type of insurance fills the gaps left by the condo association's master policy, which typically covers only the building and common areas, not the contents of your unit or personal liability.
While many people might think they're fully covered under the association's policy, they often find themselves exposed when unexpected damages or theft occur within their unit. Understanding what's covered and what isn't could save you from unforeseen financial strains.
Condo Insurance in Canada at a Glance
Condo insurance covers personal property, interior improvements, and
Despite the numerous advantages of buying a condo, prospective and current owners need to be aware of a potential expense they could be responsible for: special assessments. When a special assessment is levied on a condo community, it often sparks an immediate need for clarity and strategy. Owners typically start by scrutinizing the assessment notice for any discrepancies and understanding the justifications provided by the condo board.
If doubts about the fairness or legality of the assessment linger, seeking legal advice might be their next step. However, what specific rights and options do condo owners have in such situations, and how often do these assessments hint at deeper issues within the condo management?
Aging in place means being able to stay in your own home as you grow older, and it comes with both advantages and challenges. You might appreciate the comfort of familiar surroundings and the independence staying in your home offers compared to living in a 55+ community. However, there are also concerns like the need for home modifications and potential isolation. So, what factors should you weigh when deciding if this is the right choice for you?
Aging in Place at a Glance
Aging in place means living in your own home as you age, providing comfort and familiarity.
It promotes independence and emotional well-being, with 93% of seniors prioritizing this goal.
Essential home modifications, like ramps and grab bars, enhance safety and
When it comes to selling condos, owners often find themselves grappling with unique challenges that they wouldn’t typically face if they were selling a single-family home. High association fees and stringent community association regulations are just a few aspects that can turn off potential buyers.
Despite these hurdles, condos can be great investments, so understanding the nuances of the condo market and strategically positioning your property can make a significant difference. But what specific strategies can sellers employ to not only attract buyers but also close the deal efficiently? Let's dive in and explore the ins and outs of selling a condo.
For informational purposes only. Always consult with a licensed real estate professional before
If you're considering the benefits of 55+ communities in Calgary, you're likely weighing your options carefully. These communities, like the Sierras of Evergreen and Wellings of Calgary, offer more than just a place to live; they provide a lifestyle designed for active seniors. With amenities promoting fitness and social engagement, you might wonder how these spaces can enhance your quality of life. As you explore the various choices, you'll discover features that might just align perfectly with your needs and aspirations.
Highlights of 55+ Communities in Calgary
Sierras of Evergreen: Community of one- and two-bedroom condos, a clubhouse, a fitness center, and organized social activities. Units are priced from $300,000 and $475,000, with
As you approach retirement, the idea of downsizing your home may seem increasingly appealing. You might find that trading your larger property for a more manageable space can free up equity, cut down on your ongoing expenses, and reduce your maintenance to-do list. Indeed, many builders in 55+ communities actively seek to provide downsizing-friendly homes due to their popularity. However, there are some hidden costs and emotional factors that come with such a change. Understanding these potential trade-offs and challenges can help you decide if—and when—it’s the right time to downsize during retirement. So, what should you keep in mind?
5 Quick Tips For Downsizing
Downsizing can free up home equity, reduce mortgage payments, and increase
Bungalow-style homes are among Canada's Canada's most popular architectural styles, beloved for their charm, functionality, and cozy appeal. Known for their low, sprawling profiles and efficient layouts, bungalows often feature one or one-and-a-half stories, making them perfect for those seeking simplicity and comfort. From Craftsman to California bungalows, the style comes in various forms, each with unique features but sharing a common focus on practicality and warmth.
Whether nestled in a quiet neighbourhood or standing out as a distinctive feature in a city, bungalow homes continue to capture hearts with their timeless design and efficient use of space.
Alberta is a great place to retire. Living costs in Alberta are lower than in Ontario and British Columbia, and its provincial tax rates are the lowest in all of Canada, allowing you to stretch your retirement savings further. Plus, the abundance of sunshine and breathtaking landscapes can boost your overall quality of life. But what specific areas in Alberta stand out for retirees? Some might just surprise you.
Highlights of Retiring in Alberta
Alberta offers affordable housing options well below the national average, with typical home prices in the $400s and $500s.
The province features the lowest provincial tax rates in Canada, maximizing disposable income for retirees.
Natural beauty is plentiful in Alberta, with outdoor activities
A loft apartment captivates with its vast open space and architectural quirks, often melding old industrial charm and modern design. Depending on ownership structure, lofts are either condos or apartments, but either way, they're known for their high ceilings and large windows. Residents enjoy the airy, open feel of lofts that can be hard to find in standard units. But as appealing as that might sound, prospective tenants should also consider the nuances of living in such a unique space. Does a loft's expansive layout and distinctive character outweigh its potential challenges?
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
We and our third-party partners use cookie technology to make your website experience faster, safer, and more relevant, and to deliver personalized marketing.
