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Recent content by JustDandy

  1. J

    Calgary real estate market

    We really don't know the impact that COVID-19 will have on the market place yet, but prior to that rents were rising albeit fairly slowly( CMHC rental market report). Rents per foot were also rising in lots of the larger new scale product, once again with a caveat that incentives are being...
  2. J

    Calgary real estate market

    One beds do typically make the numbers better, I was basing of what is currently on the market in Costello. Sometimes turn over is greater in smaller units however and that can be a killer on the CoC. personally I just digested a 4 bedroom townhouse unit in Metro Vancouver and the numbers...
  3. J

    Calgary real estate market

    Do you think you would be able to get $2800+ a month for a two bedroom there? I doubt it so thats why it doesn't fit my investment criteria. Here is my quick math based on a 2 bed 2 bath @ $450K Mortgage: $1170 with 35% downpayment Interest Rate @ 2.65% Strata Fees: $765 at .65 a sq ft...
  4. J

    Calgary | ALT Hotel | ?m | 11s | Groupe Germain | LEMAYMICHAUD

    I just stumbled into this thread... Ive stayed here 2-3 times on work trips since it opened. The floors would creak oddly the first time but it has since "settled" and doesnt anymore. Other thing that is not evident but the fox art work is translucent to the shower so it lights up when your in...
  5. J

    Calgary | TELUS Sky | 222m | 60s | Westbank | Bjarke Ingels Group

    Calgary is really starting to loose that feeling of the skyline falling off a cliff when you go south of 9th ave, that picture posted above really demonstrates that.
  6. J

    Calgary real estate market

    Does it fall in the category i have listed above ;).
  7. J

    Calgary real estate market

    The reports of my death have been greatly exaggerated- M.T I think some RE commentators are making these sweeping statements and COVID has been around for 6ish months and the RE market has really been open for 1-2 months. I think its very early to say that Urban Living is not wanted, I can't...
  8. J

    Steps Bridgeland | 18m | 6s | Centurion | Sturgess

    Nope, guy who founded the company was named John Scott.
  9. J

    Calgary real estate market

    Interest, I wouldn't say it was a glut of purpose buit rentals as the leasing velocity and occupancy for the newer more expensive units is more robust than you would think. When I moved to Calgary in 2008, I rented a three bedroom house by north hill for $1200 including utilities. I don't think...
  10. J

    Calgary | The Giordano | 18m | 5s | Brava Developments | Casola Koppe

    That is the worlds dumbest looking house right next to this development.... I'd be embarrased to even call myself a "designer" if that was my work.
  11. J

    RNDSQR Block | 45m | 12s | RNDSQR | 5468796 Architecture

    Yeah we just register a restrictive covenant with their early plans on it as a schedule. It basically says the design not like presented in schedule A is restricted( obviously in legal terms). Then as a regulator when the final design comes forward we have the option of 1) choosing not to...
  12. J

    RNDSQR Block | 45m | 12s | RNDSQR | 5468796 Architecture

    The Municipality has a covenant placed on the property as a prior to condition.
  13. J

    RNDSQR Block | 45m | 12s | RNDSQR | 5468796 Architecture

    You could register a design covenant on title... then choose to enforce it if the changed design doesn't live up to the spirt of the covenant. This allows it to be more flexible than a site specific zoning, and what I do on my files when I worked as a planner in YVR.
  14. J

    Era | 41m | 13s | Minto Group

    Minto was offering 5% deposits... lots of investors would be willing to tie up $12k till compeletion. The market will be different at that point, and they would evaluate then to assign or close and flip or close and rent.
  15. J

    Calgary | The Gramercy | 15.85m | 6s | Gracorp | Gibbs Gage

    Nothing says NYC lifestyle like a Ram 1500 Pickup.... jfc the one time its okay to put in a Mercedes C class or Maybach and you put in a Ram 1500?