Red Embers Point – Calgary, AB

Overview

About Red Embers Point – Calgary, AB

Red Embers Point: ​In the well-established neighborhood of Redstone, Red Embers Point offers a select selection of townhouses with 3 to 4 bedrooms that are convenient to schools, restaurants, shops, and parks. In Red Embers Point, there are homes that fit every lifestyle. Choose from 3 distinct floorplan options, from double-car garages to surface parking. • Pricing Starts From $400s • 5% Down Payment • Occupancy: April 2024 • 2-4 Beds & 2.5 Baths REASONS TO CHOOSE RED EMBERS By 2046, Alberta's population will increase by almost 43% to 6.4 million people. Furthermore, the Calgary-Eglinton corridor, which is expected to experience extraordinarily rapid expansion, will house 4 out of every 5 individuals. Due to the huge increase in demand, both property prices and rental rates will rise in these locations. The province of Alberta is seen as a very profitable location for both business and real estate investment. The LOWEST tax rates in the nation are found there. As there is no provincial sales tax, there is also no HST. The government has promised to invest $10 BILLION on a package of infrastructure projects. There are no land transfer taxes, development fees, or rent controls in the real estate sector. The area is open for business and luring companies from all around the world as well as the rest of the country. A larger demand for real estate results from this simple equation: more business Equals more people. The economy is booming and it's only the beginning! With 99% of all oil produced now going to JUST the United States and being sold at below-market rates, Alberta is one of the world's top oil producers. The Trans Mountain Pipeline, which will transport oil through the Rocky Mountains to the West Coast for ocean exports to markets all over the world at higher prices, is THE FIX! This will bring thousands of jobs to the sector and generate over $70 billion in revenue for producers and over $45 billion in revenue for the provincial and federal governments. At the same time, and for good cause, the area is evolving into a major worldwide IT cluster. One of the greatest proportions of science, technology, engineering, and math graduates are found there. This is making it easier for multinational corporations and tech startups to establish themselves in the area. Not to mention the rise in "Tech Unicorns," or businesses with a valuation greater than $1 billion. It's no surprise that the economy is growing so well when you consider that and the large tax savings. More jobs and a stronger economy lead to higher housing costs and rising real estate demands! Featuring a prime position in Calgary's Northeast, one of the CMA's main employment hubs with almost 34% of all jobs in Calgary situated there! Being close to Highways 201 and 2 as well as the forthcoming Green Line LRT makes getting around the city easier. Residents may easily access the Calgary International Airport from their homes. CrossIron Mills, which has over 200 specialised businesses and outlets nearby, has shopping options including Costco, Lowe's Home Improvement, Bed Bath & Beyond, and more. ✓ Year-Free Condo Fees ✓ Up to $5k Cash Back ✓ An Exclusive 12-Month Mortgage Rate Hold ✓ Our Price Protection Guarantee ✓ Free Legal Fees from MMG Mortgages QUICK FEATURES: Address: Redstone Blvd NE, Calgary, AB Occupancy: April 2024 Pricing: Starting From The $400s Home Types: 2-4 Bedroom Townhomes Square Footage: 1,168 sqft – 1,208 sqft Condo Fees: Floor Plan E – $184/month // Floor Plan C – $222/month // Floor Plan D – $288/month Deposit: 5% Down Payment Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Free Mortgage Arrangements