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With the cooling off of the housing market across most of Canada in 2023. The federal government has introduced the new Tax-Free First Home Savings Account on April 1st. The Account is a new registered plan to give prospective first-time home buyers the ability to save up to $40,000 on a tax-free basis. The Account works like a Registered Retirement Savings Plan (RRSP) as contributions will be tax-deductible, and withdrawals to purchase a first home -- including from investment income - will be non-taxable, like a Tax-Free Savings Account (TFSA). First-time home buyers will be able to contribute up to $8,000 annually to a lifetime maximum of $40,000. Unlike an RRSP account, the funds withdrawn do not need to be paid back.

Who is eligible?

To open an FHSA, you must:

- Be an individual resident of Canada.

- Be at least 18 years of age.

- Be a first-time home buyer, which means you, or your spouse or common-law partner (“spouse”) did not own a qualifying home that you lived in as a principal place of residence at any time in the year the account is opened or the preceding four calendar years.

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New property listed in Mahogany, Calgary

I have listed a new property at 3309 11 Mahogany ROW SE in Calgary. See details here

Live in one of Calgary's most sought-after lake communities, proudly developed by Truman Homes. This prime location offers the convenience of being just minutes away from Mahogany Village Market, which hosts a variety of shops and services for your everyday needs. Moreover, as a resident, you can enjoy a short walk to Mahogany Lake and its stunning West Beach, with year-round access. Upon entering the home, you'll be greeted by a welcoming foyer that leads down a hallway, featuring a built-in nook that can be used as an office, adding versatility to the space. The well-designed floor plan offers two bedrooms located on opposite ends of the unit, providing a sense of space and privacy. The open-concept layout seamlessly flows, making it perfect for hosting and entertaining guests. Abundant windows fill the space with natural light, creating a warm and inviting ambiance. The kitchen boasts a range of contemporary features, including a convenient breakfast bar, a sleek under-mount double sink, upgraded cabinetry with a modern design, elegant quartz countertops, and top-of-the-line stainless-steel appliances. Finally, unwind and relax on your large southwest-facing patio, where you can enjoy outdoor living and find a gas hook-up for your barbecue, making it a perfect spot for those warm summer days. This property truly offers the whole package, with its exceptional location and well-appointed features. Don't miss out on this opportunity to call this incredible unit home. Book your showing today and experience the lifestyle of living in Mahogany, one of Calgary's most desirable lake communities!

Read

New property listed in Lower Mount Royal, Calgary

I have listed a new property at 3 1205 Cameron AVENUE SW in Calgary. See details here

Welcome to Copper Castle! This one-of-a-kind townhouse boasts an impressive array of features that are sure to captivate your attention. Notably, it is the sole unit in the complex that boasts a private patio and a separate entrance, setting it apart from the rest. Parking concerns are a thing of the past, as this home offers a front-facing double attached heated garage, along with a spacious two-car driveway. Upon entering you are greeted with an open floor plan boasting 16ft ceiling in the foyer and living space. The triple pane windows throughout the home provides an abundance of natural light, while the east-facing windows ensure you start your day with the perfect amount of morning sun. The modern 3-sided gas fireplace is a centrepiece of the living and dining area, adding warmth and style to the already incredible space. The luxury vinyl flooring throughout most of the main level is both practical and elegant, adding to the contemporary design. The large, fully equipped kitchen is the perfect place to prepare meals for your family and/or guests. The updated hardware and light fixtures, along with the sit-up counter, create a welcoming atmosphere where you can enjoy your morning breakfast. The main level is completed with the laundry room, powder room, and separate bar add convenience and functionality to the home. As you ascend the spiral staircase you'll find a bright open loft that is currently used as an office space. The large primary bedroom boasts an extended walk-in closet and a spa-like 6pc ensuite, complete with a 2-person shower, jetted tub, and a bidet. The full 4pc bathroom and large secondary bedroom offer additional living space for family or guests. The finished basement offers an additional 200+ sqft den with ample storage, perfect for a home gym, art studio or an entertainment space. Located in a highly desirable neighbourhood, these type of homes don’t come often come around. Don't miss out on the opportunity to make it your own!

Read

With the cooling off of the housing market across most of Canada in 2023. The federal government has introduced the new Tax-Free First Home Savings Account on April 1st. The Account is a new registered plan to give prospective first-time home buyers the ability to save up to $40,000 on a tax-free basis. The Account works like a Registered Retirement Savings Plan (RRSP) as contributions will be tax-deductible, and withdrawals to purchase a first home -- including from investment income - will be non-taxable, like a Tax-Free Savings Account (TFSA). First-time home buyers will be able to contribute up to $8,000 annually to a lifetime maximum of $40,000. Unlike an RRSP account, the funds withdrawn do not need to be paid back.

Who is eligible?

To open an FHSA, you must:

- Be an individual resident of Canada.

- Be at least 18 years of age.

- Be a first-time home buyer, which means you, or your spouse or common-law partner (“spouse”) did not own a qualifying home that you lived in as a principal place of residence at any time in the year the account is opened or the preceding four calendar years.

Read

New property listed in Mahogany, Calgary

I have listed a new property at 3309 11 Mahogany ROW SE in Calgary. See details here

Live in one of Calgary's most sought-after lake communities, proudly developed by Truman Homes. This prime location offers the convenience of being just minutes away from Mahogany Village Market, which hosts a variety of shops and services for your everyday needs. Moreover, as a resident, you can enjoy a short walk to Mahogany Lake and its stunning West Beach, with year-round access. Upon entering the home, you'll be greeted by a welcoming foyer that leads down a hallway, featuring a built-in nook that can be used as an office, adding versatility to the space. The well-designed floor plan offers two bedrooms located on opposite ends of the unit, providing a sense of space and privacy. The open-concept layout seamlessly flows, making it perfect for hosting and entertaining guests. Abundant windows fill the space with natural light, creating a warm and inviting ambiance. The kitchen boasts a range of contemporary features, including a convenient breakfast bar, a sleek under-mount double sink, upgraded cabinetry with a modern design, elegant quartz countertops, and top-of-the-line stainless-steel appliances. Finally, unwind and relax on your large southwest-facing patio, where you can enjoy outdoor living and find a gas hook-up for your barbecue, making it a perfect spot for those warm summer days. This property truly offers the whole package, with its exceptional location and well-appointed features. Don't miss out on this opportunity to call this incredible unit home. Book your showing today and experience the lifestyle of living in Mahogany, one of Calgary's most desirable lake communities!

Read

New property listed in Lower Mount Royal, Calgary

I have listed a new property at 3 1205 Cameron AVENUE SW in Calgary. See details here

Welcome to Copper Castle! This one-of-a-kind townhouse boasts an impressive array of features that are sure to captivate your attention. Notably, it is the sole unit in the complex that boasts a private patio and a separate entrance, setting it apart from the rest. Parking concerns are a thing of the past, as this home offers a front-facing double attached heated garage, along with a spacious two-car driveway. Upon entering you are greeted with an open floor plan boasting 16ft ceiling in the foyer and living space. The triple pane windows throughout the home provides an abundance of natural light, while the east-facing windows ensure you start your day with the perfect amount of morning sun. The modern 3-sided gas fireplace is a centrepiece of the living and dining area, adding warmth and style to the already incredible space. The luxury vinyl flooring throughout most of the main level is both practical and elegant, adding to the contemporary design. The large, fully equipped kitchen is the perfect place to prepare meals for your family and/or guests. The updated hardware and light fixtures, along with the sit-up counter, create a welcoming atmosphere where you can enjoy your morning breakfast. The main level is completed with the laundry room, powder room, and separate bar add convenience and functionality to the home. As you ascend the spiral staircase you'll find a bright open loft that is currently used as an office space. The large primary bedroom boasts an extended walk-in closet and a spa-like 6pc ensuite, complete with a 2-person shower, jetted tub, and a bidet. The full 4pc bathroom and large secondary bedroom offer additional living space for family or guests. The finished basement offers an additional 200+ sqft den with ample storage, perfect for a home gym, art studio or an entertainment space. Located in a highly desirable neighbourhood, these type of homes don’t come often come around. Don't miss out on the opportunity to make it your own!

Read
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.