Richard & Liz Bergeron

Calgary’s Real Estate Specialists

Richard's Cell: 403-819-2331 | Liz's Cell: 403-875-8470

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New property listed in Killarney/Glengarry, Calgary

I have just listed a new property at 201 1919 36 STREET SW in Calgary.
This charming condo offers a modern urban lifestyle with a prime location and an array of conveniences at your doorstep. Discover the ease of city living with the Westbrook C-Train station just a short 1 block walk away, ensuring effortless commuting options. Boasting ample size at 924 SF, this two bedroom condo is perfect for individuals, couples, or small families looking for comfort and functionality. The convenience extends beyond the unit with UNDERGROUND heated, secure parking, ensuring your vehicle stays protected and warm year-round. You are welcomed in to the suite with a separate entrance area, mirrored closet doors off the entry offering great extra storage. Suite updates include laminate and tile floors throughout, stainless steel appliances in the kitchen, roomy dining area with south exposure window, expansive living room with sliding patio doors to the generous east facing balcony that is wrapped in Evergreen trees. Main bath has been updated with full tile surround and tile flooring. Both bedrooms are nearly of equal size – great for a room mate situation! In-suite storage offers a washer (very convenient), and the building has a main floor laundry room for residents. Experience the effortless lifestyle of low-maintenance living in the vibrant heart of Calgary's sought-after SW community of Killarney. Situated just a brief 10-minute stroll from the Killarney Rec Centre, you’ll love the chic ambiance of 17th Ave shops, restaurants and services at your doorstep. For commuters, the seamless access to Crowchild, Bow, and Glenmore trails ensures a swift journey. Don't miss the opportunity to make this your new home today!
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New property listed in McKenzie Towne, Calgary

I have just listed a new property at 2107 4975 130 AVENUE SE in Calgary.
Awash in natural light through south facing windows overlooking the green space and walking path, this 2 bedroom garden patio suite offers an inviting living space and is sure to impress! The spacious floor plan offers great room sizes – no skimping on space here – you’ll love the roomy living room, separate dining area and the open concept kitchen with ample counter space and breakfast bar, plus the added bonus of a pantry (so nice!), updated dishwasher (2021) & microwave/hood fan (2024). The large, south facing patio has lots of room for furniture, plus there is a gas line for your BBQ! Both bedrooms are a great size and the primary easily accommodates a king-sized bed. Main 4 piece bath offers under-cabinet organizers, a large vanity and soaker tub. Laundry room features an updated washer (2021) and dryer (2024) plus added storage. CONDO FEES INCLUDE ALL UTILITIES - ELECTRIC, HEAT AND WATER, plus a titled underground parking stall in included. This condo is perfect for first time home buyers, investors or those downsizing, with all amenities just steps away at South Trail Crossing. Amenities like Walmart, Safeway, Super Store, restaurants such as Earls and the Keg, plus medical facilities and gyms are a short walk away. The location offers great access to area transit, Deerfoot Trail and the the Stoney Trail ring road. All that’s missing is you! Call to book your showing today!
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Open House. Open House on Saturday, February 15, 2025 2:00PM - 4:00PM

Please visit our Open House at 2107 4975 130 AVENUE SE in Calgary. See details here

Open House on Saturday, February 15, 2025 2:00PM - 4:00PM

Awash in natural light through south facing windows overlooking the green space and walking path, this 2 bedroom garden patio suite offers an inviting living space and is sure to impress! The spacious floor plan offers great room sizes – no skimping on space here – you’ll love the roomy living room, separate dining area and the open concept kitchen with ample counter space and breakfast bar, plus the added bonus of a pantry (so nice!), updated dishwasher (2021) & microwave/hood fan (2024). The large, south facing patio has lots of room for furniture, plus there is a gas line for your BBQ! Both bedrooms are a great size and the primary easily accommodates a king-sized bed. Main 4 piece bath offers under-cabinet organizers, a large vanity and soaker tub. Laundry room features an updated washer (2021) and dryer (2024) plus added storage. CONDO FEES INCLUDE ALL UTILITIES - ELECTRIC, HEAT AND WATER, plus a titled underground parking stall in included. This condo is perfect for first time home buyers, investors or those downsizing, with all amenities just steps away at South Trail Crossing. Amenities like Walmart, Safeway, Super Store, restaurants such as Earls and the Keg, plus medical facilities and gyms are a short walk away. The location offers great access to area transit, Deerfoot Trail and the the Stoney Trail ring road. All that’s missing is you! Call to book your showing today!

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10 Great Reasons for Using a Realtor®

Buying or selling a home is one of the most significant financial decisions you'll make, and having the right professional by your side can make all the difference. A Realtor® brings expertise, market knowledge, and valuable connections to help you navigate the complexities of real estate transactions with confidence. Whether you're looking for the best deal, need help understanding contracts, or want access to exclusive listings, a Realtor® can provide guidance every step of the way. Here are ten great reasons why working with a Realtor® is a smart move.

1.       Working with a professional provides peace of mind. Realtors ® adhere to a strict code of ethics, are insured and are committed to ongoing education. They have intimate knowledge of sales and trends in the local marketplace and their knowledge of contract law also ensures the paperwork is handled correctly.

2.       Get information on new listings first. Not only do Realtors® have access to a multiple listing service, Realtors ® are also invited to exclusive “agent only” open houses that let them find out what’s on the market before anyone else.

3.       Market that property! Your Realtor® will distribute information about your property to their network of other agents, industry partners, preferred clients and the public. This is a great help towards getting the word out that your condo is for sale.

4.       They know your competition. When selling your condo, your Realtor® is the best person to provide you with up-to-date information on the marketplace. From their experience doing hundreds of transactions, they know the price and features of competing properties.

5.       Find the right property for your specific needs. Realtors® can help source locations and homes that are specific to your needs. They also know where schools, hospitals and amenities are located, and can advise on neighbourhood discrepancies.

6.       Help you to evaluate a property. Realtors ® know which inspections should be conducted on potential purchases, including checks for mold & asbestos. They can also help you gain access to important information such as the title and sales history of the property. if issues are contained in the title a Realtor® can assist you to resolve them before problems arise.

7.       Negotiating: Secure the best price for your condo. Realtors® are expert negotiators, and their experience can equate to thousands of dollars in your pocket. Along with helping you get the best price, they can assist with date of possession, and inclusion or exclusion of repairs, furnishings or equipment. The help of a Realtor® will maximize your return and give you peace of mind.

8.       Get the best information on financing options. A Realtor® can help you understand the various financing options available and refer you to a qualified mortgage professional/broker.

9.       Know what government programs can help. Your Realtor® knows the most current incentives and rebates that help homebuyers. Government offerings on home buyers tax credits and buyers plans for first time homeowners can help save thousands of dollars.

10.   Help you work with the best partners. Finding the right real estate lawyer, property inspector, condo document review company, tradesmen, movers and other service providers can be time consuming. A Realtor® will have a list of people that they can recommend, saving you time and money.

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A Simple Guide to Fixed, Variable, and Adjustable-Rate Mortgages

With mortgage rates in focus, choosing the right type can feel overwhelming. Whether you're a first-time buyer or refinancing, understanding fixed, variable, and adjustable-rate mortgages (ARMs) is key.

Fixed-Rate Mortgages: Stability and Predictability

A fixed-rate mortgage locks in an interest rate for the term, ensuring consistent payments. This makes budgeting easier and protects against rising rates. In 2024, 75% of borrowers chose fixed rates, though variable rates gained interest as the Bank of Canada cut rates.

Best for: Homeowners seeking stability and long-term security.

Pros:
✔ Predictable payments
✔ Protection from rate hikes

Cons:
✘ Higher initial rates
✘ Less flexibility if rates drop

Variable-Rate Mortgages: Savings with Some Risk

A variable-rate mortgage fluctuates with the lender’s prime rate, affecting how much goes toward interest versus principal. While payments may stay fixed, interest costs vary.

Best for: Borrowers comfortable with risk, expecting rates to stay low or drop.

Pros:
✔ Historically lower rates
✔ Potential savings when rates fall
✔ Predictable prepayment penalties

Cons:
✘ Payments could increase
✘ Requires financial flexibility

Adjustable-Rate Mortgages: Flexibility with More Risk

Offered by select lenders, an ARM adjusts both rate and monthly payments with prime rate changes. Unlike a VRM, payments shift immediately, leading to more frequent fluctuations.

Best for: Borrowers who want lower initial rates and can handle payment changes.

Pros:
✔ Lower starting rates
✔ Potential savings in low-rate periods
✔ Predictable prepayment penalties

Cons:
✘ Payments can rise quickly
✘ Harder to budget

Which Mortgage Type is Right for You?

Your choice depends on your risk tolerance and financial goals. Fixed rates offer security, while variable and adjustable rates provide potential savings with uncertainty.

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Moving from Listed to Sold at 188 Chapman CLOSE SE in Calgary

I have just sold a property at 188 Chapman CLOSE SE in Calgary.
Welcome to 188 Chapman Close, nestled in the heart of Chaparral! This highly sought-after community offers year-round access to Chaparral Lake, complete with a range of amenities for the whole family. Enjoy a swimmable beach, boat rentals, racquet courts, and even ice skating in the winter! Conveniently located with easy access to major routes like Stoney Trail, Macleod Trail, and Deerfoot, this peaceful neighborhood is also just a short walk from several shopping plazas—combining convenience with tranquility. Inside, the main living area is bright and spacious, featuring an open-concept kitchen, nook, and living room, all with views of the backyard. Upstairs, you'll find a generous office space and three well-sized bedrooms, including a primary suite with a private four-piece ensuite, complete with a soaker tub. The partially developed basement offers plenty of potential for customization to suit your needs. For more information and to explore the 360° tour, click the links below!
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2024 Recap: A Year of Recovery and Opportunities

After the challenges of 2023, 2024 emerged as a year of recovery and progress. The Bank of Canada took decisive action by cutting rates five times, reducing its policy rate from a peak of 5.00% to 3.25%. This brought prime rates—used for pricing variable, adjustable, and line of credit products—down from 7.20% to 5.45%. These cuts provided relief for borrowers, easing financial pressures and giving Canada’s housing market a much-needed boost.

Inflation also showed significant improvement, falling to 2.0% by November, a dramatic drop from its mid-2022 peak of 8.1%. This easing of inflation not only reduced household expenses but also restored a sense of financial stability for many Canadians, making day-to-day budgeting less stressful.

In addition to lower rates and declining inflation, 2024 saw meaningful government and regulatory changes aimed at improving housing affordability. Key measures included increasing the cap for insured mortgages, introducing 30-year amortizations for first-time buyers, and launching federal programs to encourage the development of secondary suites. The foreign buyer ban was adjusted, and new rental builds became eligible for a GST exemption, further incentivizing development. Additionally, the banking regulator removed the stress test for uninsured mortgage switches, making it easier for certain borrowers to qualify for better rates.

These efforts, combined with falling interest rates for both variable and fixed mortgages, reignited activity in the housing market. Lower borrowing costs and renewed consumer confidence encouraged buyers to return, driving a modest rebound in home prices. According to the Canadian Real Estate Association (CREA), national home prices were on track to end 2024 about 0.9% higher than the previous year—a promising sign of recovery after recent market challenges.


Looking Ahead to 2025: Progress on the Horizon

As we move into 2025, the outlook remains cautiously optimistic. Economists expect the Bank of Canada to cut rates further, likely by 25 to 125 basis points, before pausing in the latter half of the year. The timing and extent of these cuts will depend on inflation trends and broader economic conditions, but the overall direction suggests continued relief for borrowers.

The housing market is poised for steady growth, with CREA forecasting a 6.6% rise in national home sales in 2025 as more buyers return to the market. Home prices are also expected to climb by 4.4%, bringing the national average to approximately $713,375 by year-end. These projections reflect a combination of declining interest rates and strong demand, which is expected to keep the market active throughout the year.

Potential additional regulatory changes, such as expanded affordability measures, could further shape market activity. These adjustments may include new programs or incentives to support buyers and address ongoing affordability challenges.

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Moving from Listed to Sold at 1313 181 Skyview Ranch MANOR NE in Calgary

I have just sold a property at 1313 181 Skyview Ranch MANOR NE in Calgary.
*Watch the video* WOW! The one you have been waiting for! Unique, modern, & spacious. Fantastic opportunity in the heart of Skyview Ranch! Welcome to McCall Landing, one of the most sought-after buildings in the area, perfect for homebuyers and investors alike. This stunning 1-bedroom, 1-bathroom north-facing condo with an UNDERGROUND TITLED PARKING SPOT offers nearly 600 square feet of modern living space with high-end features, including quartz countertops, stainless steel appliances, and durable vinyl plank flooring. The bright, open-concept layout is designed to maximize natural light, complemented by a sunny balcony for outdoor relaxation. Spacious living room which can accomodate a sectional sofa easily with an adjacent dining area. You'll love the added convenience of in-suite laundry and a spacious storage area. McCall Landing is an energy-efficient building that goes beyond expectations with amenities such as a fitness center, bike storage, a recreation room, and tons of visitor parking. Pet-friendly with board approval, the building also boasts a community garden. Situated close to shopping, amenities, and transit, this condo offers a perfect blend of modern comfort and unbeatable location. Minutes away from shopping, schools, restaurants, Calgary International Airport, Cross Iron Mall, and easy access to Stoney Trail. Great condo offered at a stellar price
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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.