Buy-to-Rent at Argyle In University District
by University District
You may know University District’s Argyle by Homes by Avi for its integrated green roof or its community garden, its spacious suites and expansive retail main floor.
But did you know that Argyle is also attracting real estate buyers who intend to rent out their units for added income or as pure investments?
“We are seeing lots of interest from all walks of life as people seem to be rethinking their homes and their financial goals, too,” says Homes by Avi Marketing Manager Stephen Dawe.
As part of this shift, Homes by Avi is anticipating interest from people who see opportunity in Argyle as an investment.
“We didn’t design Argyle for the investor market. These homes could be forever-homes and will be for many of our residents.
“But the appeal of the inherently vibrant U/D location, its closeness to UCalgary, hospitals and Market Mall that make people want to live here are all the same reasons investors are confident in Argyle as a great investment for renting out units.”
Investors Knock on Argyle’s Door
Local property buyers and those from as far as BC and Ontario are learning about University District and its Argyle development.
The fact that University District is situated in the largest employment centre outside of Downtown Calgary, is a sustainably built community and is becoming so dynamic — with a range of shops, restaurants and services — plus fun activities like zumba at the North Pond and Village Ice Cream pop-up fun all summer at the Discovery Centre for I Can for Kids.
“They are eyeing Argyle for its investment appeal! Purchasing a unit in Argyle to rent out — to city newcomers, students, hospital staff, professors and professionals — makes short and long-term sense to them,” says Homes by Avi marketing manager Stephen Dawe.
“So we are making it easy for people to purchase homes to rent to this influx of people.”
Feature-rich Argyle units are also available for purchase fully furnished and tastefully decorated by the experts in design at Homes by Avi. There are two finished packages — the Harlequin and the Wescott — to peruse!
Did You Know? Argyle has just launched a brand new website catering to the investor market. Its savvy sales team can provide a current schedule for the building development as well as a Rental Property Investment Pro-Forma to help you make an informed investment decision. Check it out here: https://www.homesbyavi.com/calgary/search-by-community/calgary-nw/argyle-UD/argyle-condos.
People are a Big Part of Argyle’s Appeal
What brings the bustle to U/D? Beyond the range of retailers, restaurants and park spaces, University District is first and foremost about the people.<
“People are a draw for real estate investors as much as the amenities and quality of a unit,” says Stephen. “Just look at the numbers! UCalgary employs 5,000 faculty and staff and sees more than 40,000 continuing education, full and part time students. Foothills Medical Centre has 17,000 staff and almost 750,000 annual patient visits. Alberta Children’s Hospital has 3,500 staff and physicians and 340,000 outpatient visits a year. Then there is Market Mall with about 1000 people working there.”
Being close to work is more than a bonus for reduced commuting times! It’s a strong motivator for real estate investors who see opportunities in demand for homes near major employment centres and schools.
ith all of the new activity in commercial spaces at U/D, the timing has never been better. Visit our recent blog post outlining what’s new and coming soon around the corner from Argyle!
A natural hub of convenience!
“While Argyle is first and foremost a building for resident home-owners, many purchasers are renting out their units and it’s never been easier to explore investing than now with the Argyle team at U/D online or with a visit to the Discovery Centre,” says Stephen.
Calling Calgary real estate investors! Check out Argyle in University District! There are some beautiful units available at Argyle in University District to buy and rent.
Turn-key solutions, quality amenities and location, location, location are turning heads for investors at Argyle in University District. Post your thoughts about how life works here on University District on Facebook, @udistrictyyc_ on Instagram or Twitter. Love to learn your views and experiences in #NWYYC!