Calgary Real Estate
With a population of around 1,3 million, Calgary is the largest city in Alberta, Canada. The stunning Rocky Mountains roll around the city, sometimes called the “Gateway to the Rockies.
Earlier this year, the Economist Intelligence Unit, a division of the Economist, rated Calgary third on the Global Livability Index. The Global Livability Index is based on factors such as stability, health, culture and environment, education, and infrastructure. Calgary also has the highest ratings in the following areas;
- Health Care,
If you are considering moving to this vibrant economic hub of Canada, the following article is most beneficial to you. It highlights a few points to consider regarding why Calgary is one of the better places to live and work in.
Is Calgary A Good Place To Invest In Real Estate?
Calgary was recently voted third on the Global Liveability Index by the Economist Intelligence Unit. Cities are voted on factors like stability, health, culture and environment, education, and infrastructure. Calgary also had the highest education, health care, and infrastructure ratings.
If these ratings are insufficient to change your mind about moving or investing in Calgary, one of the best cities around, here are a few more reasons.
1. Calgary Is Ranked As The Cleanest City
Calgary has consistently won the title of “Cleanest City in the World” by Forbes magazine (2007) and the World Atlas (2022).
It is one of the few cities worldwide that has fresh, clean, drinkable water. Calgary also boasts of a clean sewage system with low air pollution. We cannot help but mention they have several recycling programs that maintain a green city.
2. Calgary Has Low Taxes
Calgary residents only pay a 5% GST tax (Goods and Services Tax. They do not pay Provincial Taxes as other Canadian cities do. As a new resident, this is excellent news because you have extra savings for other essentials.
3. Environmentally Friendly And Affordable Public Transport System
Calgary has a public transport system that rivals that of Switzerland. A network of buses and trains carries transmuters to their downtown destinations.
Keeping with the theme of healthy living, Calgary claims North America’s first wind-powered transport system. The C-train harvests electricity from wind farms. This initiative has drastically reduced harmful carbon dioxide emissions.
The travel fares are also affordable, with a bonus of no charge for those traveling within the city.
4. Housing And Real Estate In Calgary
The housing costs in Calgary are less than those in Vancouver or Toronto; if you’re planning to purchase real estate in the Northwest or Southwest areas, you can expect to pay more for housing.
The rents are affordable for students and those not expecting to stay long-term in Calgary. However, it is advisable to acquire a house instead of renting an apartment in the long term.
Suppose you are considering moving to Calgary. Besides its ranking on the Global Livability Index, Calgary is also a fantastic city known for its outdoor sports and great nightlife, and the city is also safe.
A few reasons why you should move are mentioned above.
Calgary is a beautiful place to move to and enjoy retirement. The opportunities for fun and entertainment are limitless. You’ll find indoor and outdoor activities to get involved in, including the many festivals that occur throughout the year.