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Amar Calgary RealtorAbout Amar – Calgary Realtor

Fluent in: English, Tagalog, Punjabi, Hindi, Urdu

My commitment as your local REALTOR® is to provide you with the specialized real estate service you deserve. Whether buying or selling, I invite you to contact me with any questions that you may have. My promise to you is that your experience will be both stress-free and enjoyable.

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Awards - Calgary Real Estate Agent

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Active

Courtesy Of
Victor Woolf Of CIR REALTY

$419,900 - 1540 Sq.Ft

Beds
3
Baths
2.10

ACTIVE

Detached

MLS® #C4174384

Another Gorgeous Laurier 4 model home by BroadView Homes. KITCHEN IS AWESOME! STORAGE. STORAGE. STORAGE. This New Home offers numerous upgrades and features which include: WALK OUT BASEMENT REAR BACK LANE. Deck. Hardwood mainfloor. Tile in all bathrooms and laundry. 9ft. Ceiling on the mainfloor. Incredible granite kitchen with Upgraded Cabinetry. Full Height Double Door Pantry. 10ft. island to entertain…
Active

Courtesy Of
Kathleen Weare Of RE/MAX FIRST

$185,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4174387

Lot #2 3.14 Acres just off pavement. 4 lot subdivision Pick your own builder and build your dream home in the country. Only minutes to Strathmore. Enjoy piece and quiet as well as mountain views. Lot is suitable for a walk-out if desired.
Active

Courtesy Of
Sandra Leatherdale Of FIRST PLACE REALTY

$298,500 - 1332 Sq.Ft

Beds
5
Baths
3.00

ACTIVE

Semi Detached

MLS® #C4174374

1/2 duplex finished up and down located within the subdivision of the Vistas in Olds. This property has a total of 5 bedrooms, with 2 in the basement, 2 on the main floor and a master bedroom above the garage with a 5pc ensuite. a walk-in closet and a balcony to enjoy the afternoon sun. The main level features 2…
Active

Courtesy Of
Christian Hofmeister Of CENTURY 21 POWERREALTY.CA

$399,000 - 1367 Sq.Ft

Beds
2
Baths
2.00

ACTIVE

Detached

MLS® #C4174363

OPEN HOUSE April 15 12:30-3:00! Excellent home located in the popular community of Douglasdale Estates. This spacious Bungalow is over 1300 square feet has a double attached garage and is situated on a large fenced lot. When entering this home you are welcomed by vaulted ceilings and a comforting open concept. The kitchen has lots of cupboard and counter top…
Active

Courtesy Of
Ravi Duhra Of MY MOVE REALTY

$635,000 - 2810 Sq.Ft

Beds
6
Baths
3.10

ACTIVE

Detached

MLS® #C4174324

For more property info & photos click "Go to Listing" link. On mobile website click "REALTOR(R) Website" link. On mobile apps click icon in "Multimedia" section. LUXURY STYLISH HOME! Custom built- quality & craftsmanship which is reflected in the fine details. Landscaped lot: onto trail system, playground & green space. 2810sqft, 6 Bdrms, 3.5 Bthrms, CHEF Kitchen, Den, Family Room,…
Active

Courtesy Of
Kathleen Weare Of RE/MAX FIRST

$175,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4174311

Lot #1 3.14 Acres just off pavement. 4 lot subdivision Pick your own builder and build your dream home in the country. Only minutes to Strathmore. Enjoy piece and quiet as well as mountain views. Lot is suitable for a walk-out if desired.
Active

Courtesy Of
Randy Hall Of ROYAL LEPAGE BENCHMARK

$2,200,000 - 2979 Sq.Ft

Beds
4
Baths
2.00

ACTIVE

Detached

MLS® #C4174308

WATCHING THE RIVER RUN! 1/2 mile of Highwood river frontage on a very topographically interesting 110 acres in an un-subdivided quarter. Privately located at the end of the road, the property rises from a bench along the river to an upper ridge with mountain views. Great fishing, wandering wildlife, w/fruit trees, grape vines & wide variety of plentiful wild berries.…
Active

Courtesy Of
Aaron Mouser Of CENTURY 21 FOOTHILLS REAL ESTATE

$999,000

Beds
0
Baths
0.00

ACTIVE

Vacant Lot

MLS® #C4174267

Very nice property located minutes south of High River. This 8.23 acre parcel of land is zoned DC5 and provides tremendous flexibility with future development. The property contains Water Rights which will be transferred with the sale of the land. The land currently has a Sub Surface Irrigation system. Excellent well providing lots of water. The level land is located…
Active

Courtesy Of
Jim Bates Of ROYAL LEPAGE INTEGRITY

$27 - 2536 Sq.Ft

Beds
0
Baths
0.00

ACTIVE

Industrial

MLS® #C4174192

LOCATION, LOCATION! THIS STAND ALONE BUILDING IS IN A HIGH TRAFFIC AREA IN DOWNTOWN COCHRANE. CUSTOM BUILT IN 2013 WITH IN-FLOOR HEAT ON THE MAIN AND IN THE OFFICE AREA. THERE IS A FRESH AIR HVAC SYSTEM AND A SEPARATE FAN FOR THE WAREHOUSE/SHOP AREA. THE FOOT PRINT OF THE BUILDING IS 2000 SQ FT WITH ANOTHER 536 SQ FT…
Active

Courtesy Of
Shirley E McDonald Of RE/MAX REAL ESTATE (CENTRAL)

$525,000 - 1726 Sq.Ft

Beds
3
Baths
3.10

ACTIVE

Detached

MLS® #C4174172

BEAUTIFUL BERGEN ACREAGE. LOCATED IN A QUIET CUL DE SAC CLOSE TO FALLEN TIMBER CREEK. THE AGE MIGHT SAY 1930 BUT ONLY THE ORIGINAL SHELL & CONCRETE BASEMENT ARE THAT AGE. THIS HOME HAS BEEN UP GRADED AGAIN---NEW KITCHEN WITH GRANITE & EATING BAR--NEW STATE OF THE ART APPLIANCES--NEW ROOF--NEW HIGH EFFICIENCY FURNACE--NEW INSTANT HOT WATER--ALL LED LIGHTING INSIDE &…
Active

Courtesy Of
Darryl McDonald Of RE/MAX SOUTHERN REALTY

$163,982 - 1792 Sq.Ft

Beds
3
Baths
2.10

ACTIVE

Detached

MLS® #C4174167

Are you looking for a spacious open concept home in a quiet Village, next to Lake McGregor? If so, come have a look at this place! 1792 square feet of living space c/w 2 large decks, on a large lot. This house has 2 living rooms, one with a wood burning fireplace, 3 bedrooms, 3 bathrooms and a large kitchen…
Active

Courtesy Of
Barbara Daroux Of ROYAL LEPAGE BENCHMARK

$409,900 - 1247 Sq.Ft

Beds
4
Baths
2.10

ACTIVE

Detached

MLS® #C4174115

Location, location, location! Across from a playground & park is this warm & inviting two storey...with a total of 4 bedrooms, new handscraped hardwood floors & newer exterior. Offering 3 levels of living space, this bright & sun-filled home boasts new appliances & window blinds, detached 2 car garage plus RV parking & just a few short minutes to neighbourhood…
Active

Courtesy Of
Shelley Kohut Of RE/MAX ACA REALTY

$249,000 - 738 Sq.Ft

Beds
2
Baths
1.00

ACTIVE

Detached

MLS® #C4174013

VACATION AT YOUR OWN VILLA ON THE LAKE! This is a rare opportunity to enjoy lakeside, lake view and lake play at Carefree Resort! A privately owned gated summer community offering year-round access and a ton of social activities and amenities for the whole family. The 2015 Park Model on its own lake front fenced lot features 2 bedrooms and…
Active

Courtesy Of
Hung V Luu Of SYNTERRA REALTY

$329,900 - 530 Sq.Ft

Beds
1
Baths
1.00

ACTIVE

Apartment High Rise

MLS® #C4174000

Beautiful 1 bed plus DEN facing SOUTH. Suite features include ceiling height in principal rooms is 9ft, floor to ceiling windows, sliding doors open onto the balcony, exposed concrete ceilings, exposed concrete feature wall and columns, slab style bathroom, washer/dryer, frosted glass sliding bedroom doors and huge walk in closet, individually controlled heating and air conditioning system utilizing a heat…
Active

Courtesy Of
Art Leslie Of RE/MAX REAL ESTATE (CENTRAL)

$749,900 - 1665 Sq.Ft

Beds
3
Baths
2.10

ACTIVE

Row House

MLS® #C4173990

Welcome to STERLING 6. These are brand new 2 storey, 2-3 bedroom, townhomes in Altadore. This project has been meticulously designed and developed to fit all of your needs and wants in a classic inner city style. Curb appeal is paramount with stylish brick and James Hardy board siding. Upgrades in this home include double attached garage, private roof top…


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First-ever REALTOR.ca Hackathon yields innovative new solutions for Canadian homebuyers

First-ever REALTOR.ca Hackathon yields innovative new solutions for Canadian homebuyers

Ottawa, ON, October 15, 2018 – 77 developers and programmers signed up for the Canadian Real Estate Association’s (CREA) first ever REALTOR.ca hackathon over the weekend at Ottawa’s Bayview Yards. This is one of the many initiatives CREA is undertaking to ensure the continuous improvement of Canada’s #1 real estate website, REALTOR.ca

. CREA is dedicated to finding new ways to help more Canadians achieve their dreams of home ownership.

“Amazing things can happen when talented and passionate people come together with a common goal” said Barb Sukkau, president of CREA.  “CREA hosted developers from across Canada and beyond over a weekend of designing, building and “demoing” solutions that were focused on facilitating the homebuying and selling journey.”

Attendees had the opportunity to participate in an intense 48-hour hackathon in which teams quickly moved from challenge to idea, to pitching a fully functional demo to a panel of real estate and technology-focused judges. This is the first of several hackathon challenges that CREA plans to host.

“At TD, we have a strong history of finding innovative solutions to support homebuyers on their journey to homeownership and we’re proud to be a part of the inaugural REALTOR.ca hackathon,” said Roy D’Souza, Associate Vice President, Real Estate Secured Lending, TD.

The winning proposal was developed by team propGram, composed of Bahar Eghtesadi, Maryam Moafi and Reza Farahani. “We had an amazing experience and we’re so grateful for the opportunity to really dive into REALTOR.ca’s data sets”, said Bahar Eghtesadi, propGram team leader. “We’re looking forward to elaborating on our idea and optimizing it.”

Hackathon_winners_2018
Left-to-right: Michael Bourque, CEO The Canadian Real Estate Association,  propGram team members: Bahar Eghtesadi, Reza Farahani, Maryam Moafi

With this Hackathon, CREA demonstrated its commitment to maintaining REALTOR.ca as consumers’ first choice when looking for a new home by constantly adding the features they demand and expect. Participans were able to meet CREA management and staff, sowing the seeds for potential future business opportunities.

“The real estate industry in Canada is evolving rapidly and technology provides even more opportunities to improve the consumer experience,” said James Mabey, Chair of CREA’s Technology Committee. “We’re excited to work with the hackathon teams to help foster innovation that can benefit our members and enhance the consumer journey on REALTOR.ca.”

– 30 –

About the Canadian Real Estate Association

REALTOR.ca is owned and operated by the Canadian Real Estate Association (CREA), one of Canada’s largest single-industry trade associations. CREA works on behalf of 125,000 REALTORS® who contribute to the economic and social well-being of communities across Canada. Together they advocate for property owners, buyers and sellers. REALTOR.ca provides trusted, up-to-date and comprehensive property advertisements for residential, commercial and rental properties across Canada. Whether you have just started looking or you are ready to make that important purchase, REALTOR.ca connects you to valuable resources and local REALTORS® to help you find your dream property.

For additional information, please contact:

Pierre Leduc
Media Relations
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460
E: pleduc@crea.ca




Canadian home sales activity edges lower in September

Canadian home sales activity edges lower in September

Ottawa, ON, October 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales edged down slightly between August and September 2018.

Highlights:

  • National home sales edged back 0.4% from August to September.
  • Actual (not seasonally adjusted) activity was down by 8.9% from one year ago.
  • The number of newly listed homes rose by 3% from August to September.
  • The MLS® Home Price Index (HPI) was up 2.3% year-over-year (y-o-y) in September.
  • The national average sale price edged up a slight 0.2% y-o-y in September.

National home sales via Canadian MLS® Systems eased by 0.4% in September 2018, marking the first decline since April. While sales activity is still somewhat stronger compared to the first half of this year, it remains well below most other months since 2014. (Chart A)

Sales declined from August to September in slightly more than half of all local markets, led by Vancouver Island and Edmonton, along with several markets in Ontario’s Greater Golden Horseshoe (GGH) Region. Activity declines in these markets were offset by monthly gains in the Fraser Valley and Montreal.

Actual (not seasonally adjusted) activity was down 8.9% compared to September 2017.

About 70% of local markets were down on a y-o-y basis, led primarily by declines in major urban centres in British Columbia, along with Calgary, Edmonton and Winnipeg.

“The balance between the number of home buyers and suitable homes varies depending on location, housing type and price range,” said CREA President Barb Sukkau. “Differences in market balance will likely come into sharper focus as interest rates rise and cause this year’s new mortgage stress-test to become even more restrictive. A professional REALTOR® is your best source for information and guidance in negotiating a purchase or sale of a home during these changing times,” said Sukkau.

The number of newly listed homes rose 3% between August and September, led by the Lower Mainland and the Greater Toronto Area (GTA). More than half of all local markets posted a monthly increase in new listings, which was offset by declines in excess of 3% in more than half of the remaining local markets.

“Sales activity may get all the press but it’s the balance between that and the number of homes for sale that sets the tone for pricing environment,” said Gregory Klump, CREA’s Chief Economist. “In markets with an abundant supply of homes and slower sales activity, buyers have the upper hand when it comes to negotiations over price. However, in places where buyers are keen to make a purchase but there’s a shortage of homes for sale, sellers are in the driver’s seat when it comes to price. It will be interesting to see how supply and demand

respond to rising interest rates amid this year’s new mortgage stress-test.”

With sales down slightly and new listings up, the national sales-to-new listings ratio eased to 54.4% in September compared to 56.2% in July and August. The long-term average for this measure of market balance is 53.4%.

Considering the degree and duration to which market balance readings are above or below their long-term average is a way of gauging whether local housing market conditions favour buyers or sellers. As a rule of thumb, measures of market balance that are within one standard deviation of their long-term average are generally consistent with balanced market conditions.

Based on a comparison of the sales-to-new listings ratio with the long-term average, about three-quarters of all local markets were in balanced market territory in September 2018.

The number of months of inventory is another important measure for the balance between housing supply and demand. It represents how long it would take to liquidate current inventories at the current rate of sales activity.

There were 5.3 months of inventory on a national basis at the end of August 2018. While this is in line with the measure’s long-term average nationally, the number of months of inventory is well above its long-term average in all Prairie provinces and in Newfoundland & Labrador.

The Aggregate Composite MLS® Home Price Index (MLS® HPI) was up 2.3% y-o-y in September 2018. The increase was in line with those posted in each of the two previous months. (Chart B)

Apartment units posted the largest y-o-y price gains in September (+8.4%), followed by townhouse/row units (+4.5%). Meanwhile, one-storey and two-storey single family home prices were little changed on a y-o-y basis in September (-0.3% and -0.3% respectively).

Trends continue to vary widely among the 17 housing markets tracked by the MLS® HPI. In British Columbia, home price gains are diminishing on a y-o-y basis in the Lower Mainland (Greater Vancouver (GVA): +2.2%; Fraser Valley: +8.5%). Meanwhile, prices in Victoria were up 8.7% y-o-y in September. Elsewhere on Vancouver Island they climbed 13.2%.

Among the housing markets in the Greater Golden Horseshoe region that are tracked by the index, home prices were up from year-ago levels in Guelph (+8%), Hamilton-Burlington (+6.1%), the Niagara Region (+5.9%), the GTA (+2%), and Oakville-Milton (+1.4%). By contrast, home prices slipped lower in Barrie and District (-3.6%).

Across the Prairies, benchmark home prices remained below year-ago levels in Calgary (-2.6%), Edmonton (-2.6%), Regina (-4.7%) and Saskatoon (-1.9%).

Home prices rose by 6.9% y-o-y in Ottawa (led by an 7.9% increase in two-storey single family home prices), by 6.1% in Greater Montreal (led by a 7% increase in townhouse/row unit prices) and by 3.4% in Greater Moncton (led by a 10.3% increase in apartment unit prices). (Table 1)

The MLS® HPI provides the best way of gauging price trends because average price trends are strongly distorted by changes in the mix of sales activity from one month to the next.

The actual (not seasonally adjusted) national average price for homes sold in September 2018 was just under $487,000, little changed (+0.2%) from the same month last year.

The national average price is heavily skewed by sales in the GVA and GTA, two of Canada’s most active and expensive markets. Excluding these two markets from calculations cuts almost $104,000 from the national average price, trimming it to just over $383,000.

– 30 –

PLEASE NOTE: The information contained in this news release combines both major market and national sales information from MLS® Systems from the previous month.

CREA cautions that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods or account for price differential between geographic areas. Statistical information contained in this report includes all housing types.

MLS® Systems are co-operative marketing systems used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale.

The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations. CREA works on behalf of more than 125,000 REALTORS® who contribute to the economic and social well-being of communities across Canada. Together they advocate for property owners, buyers and sellers.

Further information can be found at http://crea.ca/statistics.

For more information, please contact:
Pierre Leduc, Media Relations
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460
E-mail: pleduc@crea.ca




Canadian home sales activity edges higher in August

Canadian home sales activity edges higher in August

Ottawa, ON, September 17, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show a small increase in national home sales between July and August 2018.

Highlights:

  • National home sales rose 0.9% from July to August.
  • Actual (not seasonally adjusted) activity was down 3.8% from August 2017.
  • The number of newly listed homes was unchanged from July to August.
  • The MLS® Home Price Index (HPI) was up 2.5% year-over-year (y-o-y) in August.
  • The national average sale price edged up 1% y-o-y in August.

National home sales via Canadian MLS® Systems edged up by 0.9% in August 2018, marking a fourth consecutive monthly gain. However, sales activity is still running below levels in most other months going back to early 2014.

Roughly half of all local markets recorded an increase in sales from July to August, led again by the Greater Toronto Area (GTA), along with gains in Montreal and Edmonton.

Actual (not seasonally adjusted) activity was down 3.8% y-o-y in August, due mainly to declines in major urban centres in British Columbia.

“The new stress-test on mortgage applicants implemented earlier this year continues to weigh on national home sales,” said CREA President Barb Sukkau. “The degree to which the stress-test continues to sideline home buyers varies depending on location, housing type and price range. All real estate is local, and REALTORS® remain your best source for information about sales and listings where you live or might like to in the future,” said Sukkau.

“Improving national home sales activity in recent months continues to obscure significant differences in regional trends for home sales and prices,” said Gregory Klump, CREA’s Chief Economist. “Moreover, recent monthly sales increases are diminishing, which suggests that the recent rebound may be starting to lose steam.”

The number of newly listed homes was unchanged between July and August, as new supply gains in the Greater Vancouver Area (GVA) and Montreal offset declines in the GTA and Winnipeg.

With sales up slightly and new listings unchanged, the national sales-to-new listings ratio edged up to 56.6% in August compared to 56.2% in July. The long-term average for this measure of market balance is 53.4%.

Considering the degree and duration to which market balance readings are above or below their long-term average is a way of gauging whether local housing market conditions favour buyers or sellers. As a rule of thumb, measures of market balance that are within one standard deviation of their long-term average are generally consistent with balanced market conditions.

Based on a comparison of the sales-to-new listings ratio with the long-term average, about two-thirds of all local markets were in balanced market territory in August 2018.

The number of months of inventory is another important measure for the balance between housing supply and demand. It represents how long it would take to liquidate current inventories at the current rate of sales activity.

There were 5.2 months of inventory on a national basis at the end of August 2018, right in line with the long-term average for the measure.

The Aggregate Composite MLS® Home Price Index (MLS® HPI) was up 2.5% y-o-y in August 2018.

Apartment units posted the largest y-o-y price gains in August (+9.5%), followed by townhouse/row units (+4.3%). Meanwhile, one-storey and two-storey single family home prices were little changed on a y-o-y basis in August (+0.4% and -0.4% respectively).

As of this release, housing market coverage for MLS® HPI now includes Hamilton-Burlington and the Niagara Region.

Trends continue to vary widely among the 17 housing markets tracked by the MLS® HPI. Home price gains are diminishing on a y-o-y basis in the Lower Mainland of British Columbia (GVA: +4.1%; Fraser Valley: +10.7%). Prices in Victoria were up 8.5% y-o-y in August. Elsewhere on Vancouver Island, prices climbed 13.6%.

Among the Greater Golden Horseshoe housing markets tracked by the index, home prices were up from year-ago levels in Hamilton-Burlington (+7.2%), the Niagara Region (+6.6%), Guelph (+5.5%), the GTA (+1.4%) and Oakville-Milton (+1.2%). By contrast, home prices remained down on a y-o-y basis in Barrie and District (-2.7%).

In the Prairies, benchmark home prices remained down on a y-o-y basis in Calgary (-2.2%), Edmonton (-2.1%), Regina (-4.8%) and Saskatoon (-2.3%).

Meanwhile, home prices rose by 7.1% y-o-y in Ottawa (led by an 8.2% increase in two-storey single family home prices), by 5.9% in Greater Montreal (led by a 6.3% increase in two-storey single family home prices) and by 4.8% in Greater Moncton (led by a 7.5% increase in two-storey single family home prices). (Table 1)

The MLS® HPI provides the best way of gauging price trends because average price trends are strongly distorted by changes in the mix of sales activity from one month to the next.

The actual (not seasonally adjusted) national average price for homes sold in August 2018 was just over $475,500, up 1% from the same month last year.

The national average price is heavily skewed by sales in the GVA and GTA, two of Canada’s most active and expensive markets. Excluding these two markets from calculations cuts almost $94,000 from the national average price, trimming it to just under $382,000.

– 30 –

PLEASE NOTE: The information contained in this news release combines both major market and national sales information from MLS® Systems from the previous month. 

CREA cautions that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighbourhoods or account for price differential between geographic areas. Statistical information contained in this report includes all housing types. 

MLS® Systems are co-operative marketing systems used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale. 

The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry trade associations. CREA works on behalf of more than 125,000 REALTORS® who contribute to the economic and social well-being of communities across Canada. Together they advocate for property owners, buyers and sellers.

Further information can be found at http://crea.ca/statistics.

For more information, please contact:

Pierre Leduc, Media Relations
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460
E-mail: pleduc@crea.ca