While Vancouver and Toronto are traditionally the top two favorites for Chinese buyers, there’s a new competitor that is nabbing much Chinese investor interest – Calgary, the largest city in Alberta. Chinese inquiries for Alberta properties on Juwai.com have surged 70%. And Hainan Airlines has recently launched a new direct air link between Beijing and Calgary due to demand. Some of the momentum is due to a new 15% foreign buyer tax imposed in British Columbia, which is designed to slow down the run away home prices blamed on Chinese purchases.
We have a beautiful 5 bedroom +den Walk-out bsmt home in sw calgary. Curb appeal, mature-landscaping, quiet cul-de-sac location 1block from k-9 school. It has 3.5 bathrooms and lots of renovations, beautiful newly finished hardwood floors on main. Oversized deck of large kitchen over shady cool patio. Enlarged windows throughout the home. No carpeting for allergy prone. Advertised on kijiji and Facebook marketplace. 208 Millview Pl SW Calgary T2Y 2X6