Richard & Liz Bergeron

Calgary’s Real Estate Specialists

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

I have just sold a property at 602 1108 6 AV SW in Calgary.
River-side with River Views in The Marquis! Beautiful 2 bdrm + den, nearly 1100 SF, original owner suite with TWO parking stalls & storage locker, overlooking the river valley. Features floor to ceiling windows to take in the view from all primary rooms, engineered hardwood floors throughout, freshly painted, open kitchen with granite counters, recessed lighting & breakfast bar, spacious living area with gas fireplace & separate dining area. Access to the large balcony is from both the master and the living room. The den is perfect, with a glass wall to let in the natural light. Large master bedroom features walk-through closet with mirrored doors and full bath with soaker tub & separate shower & a separate laundry rm. The Marquis building amenities incl. onsite management, indoor secured visitor parking, secured bike storage rms & storage locker rms, and a large onsite exercise area on the main floor wrapped in glass. Conveniently located steps to the Bow River and steps to the LRT across the street!
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I have just listed a new property at 1501D 500 EAU CLAIRE AV SW in Calgary.
Great new price!! Beautiful, renovated two bedroom suite high up on the 15th floor with wonderful views west and north over the river and to the mountains! You are sure to be impressed with the features of this lovely condo: engineered wood floors, granite countertops in the bright white kitchen, stainless steel appliances, gas fireplace, renovated bath, in-suite laundry, extra storage and corner windows are just a few of the features. Semi-private elevators assure a high level of privacy. One underground titled parking stall is included. You will be hard-pressed to find a first class condo building with more amenities than this: indoor pool, hot tub & exercise facilities, 2 full time security staff, onsite management, unit electricity and Tier 1 cable are all included. Enjoy this wonderful walk to work location, steps from the river, river pathways and Prince’s Island Park and barely a block to the Down Town Plus 15 network! Be sure to view this suite today!
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I have just listed a new property at 302C 500 EAU CLAIRE AV SW in Calgary.
Beautifully renovated 2 bdrm suite w/outdoor space has all the features you’re looking for. Contemporary & Modern design elements combine to create your perfect inner-city lifestyle suite. Updates incl. wide-plank hardwood floors throughout, lovely wood-burning (w/gas assist) f/p in living rm w/custom mantle & hearth, designer light fixtures (LED) & custom draperies throughout. Open floor plan is lovely, offering excellent daylight through large windows. Huge executive kitchen w/centre island, granite countertops, walnut slab breakfast bar, chef-worthy kitchen appliances & many thoughtful storage additions. Luxurious spa-like master ensuite bath w/granite counters & stylish soaker tub, 2nd full bath w/large shower. Building offers 24 hr security/concierge, fitness facility, indoor pool, carwash + many more features. Superb location beside Bow River & pathways, Prince’s Island Park, steps to +15 indoor walkway network. Nature & convenience are yours to discover in one package! The lifestyle, security and amenities offered at Eau Claire Estates are truly second to none. The building offers residents 12 on-site amenities, more than any other comparable condo building in the city. It’s fees, at only $0.78/SF, are among the lowest for a building of this caliber, prestige in Calgary (taking into account suite electricity cost, basic cable and 24/7/365 concierge/security team, which are all included in fees at Eau Claire Estates). What you can’t put a price on? One of the best locations in Eau Claire, perhaps the city – see for yourself, book your viewing today!
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I have just listed a new property at 304 1208 14 AV SW in Calgary.
Welcome home! This spacious and affordable, two bedroom suite with insuite laundry & underground parking is superbly priced and ready for you to move in and enjoy. Roomy floor plan offers a large living room with sliding patio doors to your sunny balcony with new privacy glass railing, dining room with ceiling fan & pass-through to the kitchen plus extra cabinets & pantry, updated kitchen with solid core counters, beautiful tile backsplash & white appliances, laminate & tile flooring, 2 good sized bedrooms, 4 pc main bath. Building exterior has been updated. The building is pet friendly and is located across the street from the only off-leash park in the area. You’re sure to enjoy this great Beltline location with shops, restaurants & coffee shops just out your door, across from a park, 2 blocks from vibrant 17th Ave to explore, a short walk to the downtown core. Call to book your viewing today!
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I have just sold a property at 312 QUARRY VI SE in Calgary.
Live, work & play in the vibrant community of Quarry Park! Prepare to fall in love with all this stunning, practical & functional townhome has to offer: 9’ ceilings & hardwood floors on main, entertainment style kitchen w/stainless steel appliances & huge island (seating for 4!) overlooking the living/dining rm with gas fireplace, double French doors to fully fenced yard (perfect for Fido!), 2 pc bath & walk in front hall closet. Upper floor with oversized master, walk-in closet, 3 pc ensuite, 2nd bdrm & 2nd full bath PLUS a family rm. Laundry is on this floor – super convenient! Bsmt is ready for your design. Ideally suited for young professionals or growing families with an attached garage & superb location. Super walkable location close to Quarry Park shopping village: grocery store, coffee shops, restaurants, shops & amenities. YMCA is 2 blocks away and don’t forget all the walking/bike baths and green spaces in the area. Great access to major transportation routes & future LRT Green Line.
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I have just listed a new property at 501 650 10 ST SW in Calgary.
Welcome to the largest 2 bdrm & 2 full bath corner unit in The Axxis (up to the 20th floor)! This SW corner suite is sure to impress with floor to ceiling windows for ample natural light. Beautifully maintained by the original owner features incl. upgraded laminate flooring, gas f/p in the living room, spacious dining area, west facing balcony, stainless steel appliances in the kitchen with island and ample counter space & cabinets. Master bdrm with ensuite bath, mirrored closet doors, 2nd bdrm perfect for home office/guest suite & insuite laundry/storage with new upgraded stacked Miele washer/dryer pair. The Axxis features underground heated parking, fitness/exercise room, onsite management, secured visitor parking, amenity room w/full kitchen and 2nd level roof top patio/garden. The Axxis is steps from the Bow River and pathways, Kensington Shoppes, restaurants & steps from the Downtown free-zone LRT. Superb investment suite or for you to move in and enjoy – call to view today!
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I have just listed a new property at 403 605 14 AV SW in Calgary.
6 MONTHS FREE CONDO FEES! Seller will pay for 6 months of condo fees for you - WOW!! AND note the Major Price Reduction! This spectacular, incredible & stunning renovated suite at “The Avenue” is truly a one of a kind space located in the heart of the Beltline. You’re sure to enjoy the beautiful big rooms showcasing plenty of natural light and the downtown city skyline views. Renovated to the highest standards with Kahrs engineered “Oak Sture” wood floors, designer kitchen w/stainless steel appliances, Carrara Marble Countertops w/an oversized island for entertaining, Kohler fixtures & cast iron sink, amazing designer bathroom tiled in marble, master bdrm easily fits a king sized bed, full height doors, loads of closets & storage in the suite, moldings & millwork all sprayed professionally for a classic look. Pet friendly building! With a Walk Score of 97 (WOW!), this is the perfect location w/great shops, restaurants, eateries, coffee shops, 17th Ave & the downtown core just outside your door.
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I have just listed a new property at 602 200 LA CAILLE PL SW in Calgary.
Start living your condo lifestyle today in this finely detailed, beautifully renovated & updated suite at Chateau La Caille. This bright & sunny, 1 bdrm + spacious den suite is sure to please. Gracious floor plan offers ample living space w/a spacious dining area, living rm w/gas f/p, sunny den/home office, eat in kitchen, balcony w/ BBQ gas line, master bdrm w/5 pc ensuite, insuite laundry/storage. Updates incl. gleaming new walnut floors, chef’s dream kitchen w/Bosch stainless steel appliances, extra built-in cabinets & updated granite countertops. Renovated 5 pc ensuite w/large soaker tub, dual sinks, oversized shower w/porcelain tiles, dual shower heads & 10ml glass. Titled parking & large storage locker incl. Chateau La Caille offers first class concierge service, full A/C, & is located in a private quiet cul-de-sac facing the park & pathways, overlooking the Bow River, steps to Prince's Island Park, Peace Bridge, downtown core, restaurants, shops & entertainment venues. Call to View Today!
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I have just listed a new property at 327 LEIGHTON VW in Rural Rocky View County.
Welcome to your Zen inspired, architecturally designed oasis in Elbow Valley West. Situated on over a 1/2 acre, prepare to be captivated by the panoramic WEST MOUNTAIN VIEWS through floor to ceiling windows. Behold a magnificent, yet different landscape view each day under ever changing Prairie skies. Open concept design home, perfect for entertaining - Main floor boasts 2100 SF of gracious living space: spacious great rm w/soaring ceilings & oversized sliding doors leading to west facing deck, entertainment style kitchen w/huge island & prime west facing windows, dining rm perfect for family dinners, media/family rm & the master retreat completes the main flr. Uniquely & thoughtfully designed with lofts at either end of the home: 2 bdrms, full bath & a loft on one, & a private guest suite w/loft & full bath on the other - this is the dream family home. Fully dev't lower level: massive rec rm, 2 add. bdrms (each with a full bath), wine rm & storage. So many additional features, this home must be viewed. For the discerning home buyer searching for a unique contemporary abode that takes your breath away - look no further. Offering the finest in quality of build, the home's master builder had 40 years of craftsmanship & experience. The house has low e triple glazed Neet windows, state of the art heating system with in-floor heat in the basement & garage, 2 furnaces, EPDM roof, spray foam insulation, truss floor system & plywood exterior construction. Exterior wall are 16" on centre constuction Welcome Home!
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I have just listed a new property at 212 1108 6 AV SW in Calgary.
Nestled amoungst the trees at the west end of the Marquis’s park-like grounds, you’re sure to be impressed with this updated, spacious, 2 bdrm suite. Move in ready with hardwood floors, new high-end stainless steel kitchen appliances, granite counters and breakfast bar perfect for entertaining friends and family, spacious dining room wrapped in windows with lovely garden views, cozy gas fireplace in the living room, second bdrm & 3 pc bath - perfect for a room mate or when guests come over. The master bedroom is a generous size with walk-through closet (with mirrored doors) to the 4 pc ensuite. In-suite laundry, titled tandem parking (2 spots) and extra storage locker complete the package. The Marquis offers owners day-time caretaker service, exercise facility with hot tub & change rooms, lots of extra indoor visitor parking and a superb location overlooking the Bow River, pathways, and 1 block to the LRT. Call to view this gorgeous suite today!
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I have just listed a new property at 201C 500 EAU CLAIRE AV SW in Calgary.
Lovely 2 bdrm & 2 full bath suite on the 2nd floor w/sunny south facing balcony PLUS a SUPER LARGE Private 2nd Patio (25’8 x 14’5) overlooking the courtyard! Beautiful new kitchen w/white quartz countertops, deep stainless steel sink, stainless steel appliances & glass tile backsplash, fabulous new ensuite bath w/double sinks, spacious 2 person glass shower & recessed lighting. The living room is very spacious & offers a wood burning fireplace, corner windows, separate dining area & sliding doors to south facing balcony. Large master with tons of closet space, too. At 1338 SF this lovely floorplan offers all the space you need! Condo fees cover everything incl. electricity & basic cable! Building amenities: concierge service, indoor pool & spa, fitness facility (all recently renovated!), car wash bay, huge south side patio, magnificent courtyard & outdoor garden planters for residents. All on the banks of the Bow River with pathways, restaurants, shops, services & the DT core just outside your door.
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I have just listed a new property at 608 1410 1 ST SE in Calgary.
Renovated, large 1 bdrm suite at the Sasso building offering lots of natural light, 9 foot ceilings & views to the mountains & the Stampede grounds. Recently updated w/wood floors in main living areas & new tile floor in the bath & kitchen, new tiled shower & new tiled backsplash. Entertainment style kitchen overlooks dining/living room. Walk-thru closet in the master leads to the cheater ensuite. It’s gorgeous and affordable – perfect for the first time owner or for investment! Includes A/C, in-suite laundry, 1 underground titled parking stall & assigned storage locker. Sasso offers the condo, inner city lifestyle you’ve been dreaming about - amenities incl. fitness facility with steam room & hot tub, owners lounge with pool tables, a movie room, rooftop common areas & concierge daytime service. There are shops, services & restaurants just outside your door & along 17th Ave. to explore. LRT is just down the street for easy access to the downtown core or Chinook Centre. Call to view this suite today!
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I have just listed a new property at 189 MT DOUGLAS CI SE in Calgary.
Giving new meaning to “move in ready”, this professionally renovated, fully finished (3428 SF total) family-friendly home is what YOU have been waiting for! Attention to detail is evident throughout as soon as you walk in. Main floor has been opened w/walls removed - gorgeous chef’s kitchen w/huge island is expanded with tons of cabinets & opens to both the dining rm & the family rm. Nook area features a French door leading to the oversized rear deck w/gas BBQ line. Don’t forget the main floor office, 2 pc bath & expanded mud rm w/laundry hook ups. 2nd floor is bright & spacious w/cathedral ceiling over main entrance, master retreat w/luxurious 5 pc ensuite (did you see the pictures?) & walk-in closet, 2 additional bedrooms – both w/expanded closets, reno’d main bath & another flex rm. Lower lvl offers the same level of finishing: rec rm, 4th bdrm, 4 pc bath & media rm w/built-in bar area. Be sure to check out the extensive upgrades/renovation list on the supplements section and book your viewing TODAY!
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I have just listed a new property at 101 1088 6 AV SW in Calgary.
Lovely 2 bedroom + den ground floor garden unit with extra large double connected patios and THREE Parking Stalls!!! The tall 11 FOOT high ceilings accentuate the large windows, providing plenty of natural light with this NW oriented unit. Large kitchen with recessed lighting and centre island and granite counters, heated tile floors in both baths, hookups for insuite laundry, separate den with beautiful windows and closet and neutral colours throughout. The building amenities include concierge service, storage lockers, indoor secured guest parking, indoor pool & hot tub, and main floor fitness facility! Centrally located a block off the Bow River and Bow River Pathways and a half block to the Down Town Free Zone LRT across the street. Did we mention this suite has 3 parking stalls included? Call to view this suite today!
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I have just listed a new property at 446 35 RICHARD CO SW in Calgary.
Top Floor - 2 bdrms + den (awesome for a room-mate) - Sunny West Exposure suite at Morgan! Conveniently located walking distanct to Mount Royal University, easy access to main transit routes, shops and restaurants just outside your door make this a great investment. This suite offers a great floor plan, laminate floors, den/home office, mocha cabinets in the entertainment style kitchen, large living/dining room with stone faced gas fireplace, large patio door to west facing balcony with gas BBQ line, spacious master bdrm with walk through closets & 4 pc ensuite bath, bright & sunny 2nd bedroom, 2nd full bath & in-suite laundry & titled parking complete the package. Morgan offers owners an on-site exercise room, guest suites (nice!), party/media room, lots of underground visitor parking & bike storage. Put this one on the list and view today!
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City of Calgary, April 1, 2019 –

March saw a modest decline in city wide sales activity compared to last year. However, sales have been rising for more affordable product in the detached and attached sectors.

Shifts in the lower end of the market have not outweighed easing across the higher priced product. First-quarter sales dropped to 3,108 units. This is nine per cent below last year and 28 per cent below typical levels of activity.

Price declines and relatively slow sales activity are impacting the number of new listings. For the second consecutive month, new listings eased compared to last year’s levels and long-term trends, but it was not enough to prevent inventory growth.

“If new listings continue to slow compared to sales, it could start to help with the persistent oversupply scenario weighing on our housing market,” said CREB® chief economist Ann-Marie Lurie.

“However, inventory is still high. It will still take time for our market to transition towards more balanced conditions and stable pricing.”

With 6,595 units in inventory in March, the months of supply eased to five months. This is an improvement over the past several months, but still considered oversupplied when compared to levels traditionally recorded in March.

The oversupply in the Calgary market has caused further price declines this month. As of March, benchmark prices eased to $413,900, five per cent below last year’s levels and just below levels recorded last month.


HOUSING MARKET FACTS

Detached

  • First-quarter sales declined by nearly nine per cent compared to last year and 30 per cent below typical levels of activity.
  • Detached sales have varied depending on location and price range, with gains occurring mostly in the most affordable price ranges of each district.
  • In March, citywide detached sales improved for all homes priced under $500,000.
  • Despite easing in new listings, inventories increased over last year’s levels, pushing months of supply to the highest level ever recorded for the month of March. When considering activity by districts, the North East and East districts have seen the level of oversupply ease compared to last year.
  • Oversupply in the detached sector continues to weigh on prices across all districts in the city. Citywide detached benchmark prices eased 5.4 per cent compared to last year for a total price of $475,800.


Apartment

  • Resale condominium sales fell by 14 per cent in March, causing first-quarter sales to total 464 units, 17 per cent below last year. The decline did not occur in all districts, as sales activity improved in both the North and West districts of the city. Despite some signs of improvements in those districts, activity remains well below long-term trends.
  • Supply in this sector is showing signs of adjusting to the lower levels of demand. New listings eased again this month compared to last year’s levels. Unlike other property types, this adjustment is impacting inventories. Inventory in March was 1,488 units, 12 per cent below last year’s levels.
  • The months of supply has edged down from levels recorded earlier in the year, but due to weak sales, it is elevated compared to last year’s levels.
  • Citywide, apartment condominium prices fell by 0.7 per cent from last month and 2.6 per cent over last year. However, in both the North East and South East districts, prices posted a modest gain over last year.


Attached

  • There was a slight uptick in attached sales in March due to improvements in both the semi-detached and row sectors. Despite the gains in March, year-to-date sales remain four per cent below last year’s levels and 16 per cent below long-term averages.
  • Year-to-date sales have eased, but there have been improvements in the South and South East districts.
  • Despite some improvements in sales, citywide months of supply remain elevated.
  • Prices continued to trend down for semi-detached product. March’s benchmark price was $391,000, nearly six per cent below last year’s levels and 0.4 per cent below last month’s price. However, the North district saw different results, as tightening months of supply supported a modest gain in prices compared to both last month and last year.
  • Row prices in March remained relatively flat compared to February levels, but remain more than four per cent below last year’s levels and over 13 per cent lower than previous highs.

 

REGIONAL MARKET FACTS

Airdrie

  • First quarter sales were seven units less than last years levels, but the number of new listings also declined by 47 units over the same period. This prevented any significant change in inventory levels in the market. However, the months of supply remained elevated averaging five months after the first quarter.
  • The persistent oversupply in the market has weighed on prices. City-wide benchmark first quarter prices eased by 1.7 per cent compared to the previous quarter and remain 4.6 per cent below levels recorded in the first quarter of last year. While prices eased across all property types, the largest declines occurred in the apartment sector.


Cochrane

  • Cochrane’s first quarter sales and new listings were 114 units and 330 units, respectively, both declining over last years levels. However, the relatively steeper pull-back in sales caused inventories to rise and months of supply to average eight months in the first quarter.
  • Persistent oversupply in the market has weighed on prices. After the first quarter benchmark prices eased by 1.6 per cent compared to last year and 1.5 per cent compared to the previous quarter. However, year-over-year declines were higher in the attached sector at 2.7 per cent compared to the detached sector which was 1.5 per cent.


Okotoks

  • In the first quarter both sales and new listings slowed compared to last year. However, the pull-back in new listings was not enough to reduce inventory levels in the market and months of supply remained elevated averaging 7.7 months in the first quarter.
  • The persistent oversupply has impacted prices. The detached benchmark price averaged $413,733 in the first quarter a 4.8 per cent decline compared to last year and 3.8 per cent below the fourth quarter of 2018. Price declines were slightly higher in the attached sector with the benchmark price totaling $376,433 for the first quarter a five per cent decline over the previous year.
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Mortgage Professionals Canada welcomes aspects of the housing affordability component of today’s Federal Budget.
 
The announcement of a new CMHC First-Time Home Buyers Incentive Plan represents a shared equity mortgage program that would give eligible first-time homebuyers the ability to lower their borrowing costs by sharing the cost of buying a home with CMHC.

The incentive would provide funding (equity sharing) of up to five percent of the purchase price of an existing home, or 10 percent of a newly constructed home. No ongoing monthly payments are required. The buyer would repay the incentive, for example at resale. The government has budgeted up to $1.25 billion over the next three years to support this program.
 
For example, if a borrower purchases a $400,000 home with five per cent down and a five per cent CMHC shared equity mortgage ($20,000), the size of the borrower’s insured mortgage would be reduced from $380,000 to $360,000, helping to lower the borrower’s monthly mortgage bill. This would make it easier for Canadians to buy homes they can afford.
 
The program limits eligibility to households earning a maximum of $120,000 annually, and lets them borrow no more than four times their annual household income. This limits a home purchase to roughly $505,000. This Incentive Plan will be discussed more fully in the coming days, but it is not expected to begin until fall, 2019. In principle, the increased equity share eligibility for newly constructed homes will help incent new construction and supply across Canada.

Further analysis is needed, however, some aspiring homebuyers, especially at the lower end of the economic ladder, will have greater opportunities to purchase a home with the assistance of this new program.

Also of note is an increase in the eligible RRSP withdrawal amount through the Home Buyers’ Plan (HBP). Previously $25,000, this has been increased to a maximum to $35,000.
 
The budget included a lengthy defense of the current stress tests but does suggest that adjustments may be made in future. Our association will continue to discuss this issue with policymakers.
 
While we did not see immediate movement on the stress tests, and the new Home Buyers Incentive Plan can be seen as an alternate and more targeted response than an insurable 30 year amortization, we are encouraged by the announcements made today.

The forthcoming federal election will provide opportunities to continue the conversations with policymakers and candidates in the coming months. We will continue our ongoing market analysis and maintain our support for a stable housing market for our members and their customers.


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I just finished uploading this House for sale, 327 LEIGHTON VW, Rural Rocky View County, Alberta

Welcome to your Zen inspired, architecturally designed oasis in Elbow Valley West. Situated on over a 1/2 acre, prepare to be captivated by the panoramic WEST MOUNTAIN VIEWS through floor to ceiling windows. Behold a magnificent, yet different landscape view each day under ever changing Prairie skies. Open concept design home, perfect for entertaining - Main floor boasts 2100 SF of gracious living space: spacious great rm w/soaring ceilings & oversized sliding doors leading to west facing deck, entertainment style kitchen w/huge island & prime west facing windows, dining rm perfect for family dinners, media/family rm & the master retreat completes the main flr. Uniquely & thoughtfully designed with lofts at either end of the home: 2 bdrms, full bath & a loft on one, & a private guest suite w/loft & full bath on the other - this is the dream family home. Fully dev't lower level: massive rec rm, 2 add. bdrms (each with a full bath), wine rm & storage. So many additional features, this home must be viewed.

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I just finished uploading this Condo for sale, #1801 920 5 AV SW, Calgary, Alberta

Beautiful NW CORNER suite with outstanding river-side panoramic views of the Bow River, the mountains & North Hill. Located in the elegant Five West building, this suite showcases windows on 3 sides, 2 bedrooms PLUS a den, new wood flooring throughout, spacious living area with ample sized dining area, corner gas f/p in the living room, ALL granite countertops, stainless steel kitchen appliances & breakfast ledge, bonus den with French doors to take in the view. The master bedroom easily accommodates a king-sized bed, ensuite with dual sinks, shower & jetted soaker tub, second bedroom with built-in Murphy bed and 3pc second bath. Don’t forget the oversized laundry room with custom built-in storage and views from all the main rooms. Building amenities include secured indoor parking, indoor guest parking, concierge service and secured storage room with a large locker is included. Walk to work location and a block to the DT Free Zone LRT.

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I just finished uploading this Condo for sale, #602 1108 6 AV SW, Calgary, Alberta

River-side with River Views in The Marquis! Beautiful 2 bdrm + den, nearly 1100 SF, original owner suite with TWO parking stalls & storage locker, overlooking the river valley. Features floor to ceiling windows to take in the view from all primary rooms, engineered hardwood floors throughout, freshly painted, open kitchen with granite counters, recessed lighting & breakfast bar, spacious living area with gas fireplace & separate dining area. Access to the large balcony is from both the master and the living room. The den is perfect, with a glass wall to let in the natural light. Large master bedroom features walk-through closet with mirrored doors and full bath with soaker tub & separate shower & a separate laundry rm. The Marquis building amenities incl. onsite management, indoor secured visitor parking, secured bike storage rms & storage locker rms, and a large onsite exercise area on the main floor wrapped in glass. Conveniently located steps to the Bow River and steps to the LRT across the street!

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