MLA MARKET INTEL 2019
MLA Advisory Releases Annual Market Intel and 2019 Forecast
In 2018, we witnessed a pivotal point in our real estate market — a transition from hyper-active conditions to a normalized environment. MLA Advisory anticipates 2019 to be another dynamic year as we face cooling pressures from global giants and our own government, while continuing to see supply and affordability issues in the forefront. Amidst this unique climate, there will be challenges, but also opportunity for creativity.
Furthermore, MLA Advisory breaks down the True Cost of a Home for a Cambie Corridor condo and findings show land and construction costs are the largest contributing factors at 69 per cent of the total cost. Perhaps less w ell known, the government taxes and fees associated with projects, particularly in the case of the Cambie Corridor, can constitute 11 per cent or more of the cost.
NOW RENTING
SODO RESIDENCES
1 & 2-Bedroom Rental Apartments South of Downtown Calgary
Discover stylish urban living south of downtown at SODO Residences, Calgary’s newest urban rental building. These stylish rental apartments offer a living experience that's been carefully designed inside and out.
Centrally located in the Beltline at 10th Avenue SW and 5th Street SW, SODO brings style and inspired spaces to one of Calgary’s newest up-and-coming neighbourhoods. The SODO neighbourhood is a bustling inner-city community of unique restaurants, intimate cafés, and exquisite retail shopping.
Continuous brick façades lead you to discover over 38,000 square feet of unprecedented single-level indoor and outdoor amenity spaces including a lounge, chef’s kitchen with commercial grade appliances, games room, state-of the art fitness centre with spa-like change rooms and steam showers and extensive outdoor greenspace – unlike anything else currently found in Calgary.
For more information, visit RentSODO.com or contact our Leasing Team at [email protected] to book your appointment to view our three fully-furnished display suites.