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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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Courtesy Of
Don Sackett Of RE/MAX ACA REALTY

$1,500,000

Beds
0
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0.00

ACTIVE

Not specified

MLS® #C4161823

Great potential! 147.72 acres of land located close to Carstairs. Paved access. This land is situated within the Wessex Area Structure Plan Medium Density which allows for further subdivision of the property. Build your dream home and/or sub-divide into parcels now or in the future. 144 acres are cultivated. Total income for 2017 was $19,120. Can't beat this investment opportunity!…
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Courtesy Of
Don Sackett Of RE/MAX ACA REALTY

$1,700,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4161822

Investment Opportunity! 157.95 acres of land located close to Carstairs on the corner of Highway #580 and Range Road 14. Paved access. This land is situated within the Wessex Area Structure Plan Medium Density which allows for subdivision of the property.Great Development property, develop now or in the future. Total income for 2017 was $26,580. Adjoining land and buildings also…
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Courtesy Of
John Hamilton Of CMS REAL ESTATE LTD.

$575,000 - 2600 Sq.Ft

Beds
0
Baths
0.00

ACTIVE

Industrial

MLS® #C4161800

SELLER VERY MOTIVATED! This Property has it all. Location, quality & value. Close proximity to shopping centres, hotels, eateries & financial institutions. Close proximity to downtown, highway 1&2, Barlow Tr, 36 St. & Memorial Dr. Transit & LRT service within 2 blocks. Main flr. 1926 sq.ft., 2nd flr. 674 sq.ft., a/c throughout, office improvements well laid out and high quality.…
Active

Courtesy Of
Billy D Peshke Of MAXWELL SOUTH STAR REALTY

$379,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4161796

Pick one of the last 3 remaining 2acre lots in this area. PRICE INCLUDES GST & ROCKY VIEW WATER CO-OP MEMBERSHIP of ($25,000) Great location just a couple of minutes from the Calgary and Airdrie city limits, just off Center Street (Range Road 13) and Hwy 566 (Balzac Hwy). Services to the property line including Rocky View Gas Co-op and…
Active

Courtesy Of
Victor R Czop Of LIVELY REALTY LTD.

$87,000 - 741 Sq.Ft

Beds
2
Baths
1.00

ACTIVE

Detached

MLS® #C4161779

Located in Nanton along 19th avenue is this small 2 bedroom home situated on an Industrial lot. This home is considered a Legal Non-conforming building and it's use as a Residential home is permitted. The age is estimated as 1935 with no knowledge if and when it was ever rebuilt to a new effective age. At present, the home has…
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Courtesy Of
Keith W Adams Of REAL ESTATE PROFESSIONALS INC.

$1,950,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4161748

Attention Investors and Developers!!! This 146.89 Acre Parcel is located 2 1/2 miles East of Calgary City Limits on Highway 22X. It is a Prime Location for Future Land Development with City and Mountain Views. GST applies where Applicable.
Active

Courtesy Of
Matt Williams Of RE/MAX REALTY PROFESSIONALS

$899,900 - 2657 Sq.Ft

Beds
4
Baths
6.00

ACTIVE

Detached

MLS® #C4161742

Price Reduced, GREAT VALUE + CASH FLOW. A well-established 6 Suite building in the heart of Cliff Bungalow, one of Calgary's lowest vacancy and highest rent districts. Located on a 43X116 corner lot with MCG d72 zoning, this property has both cash flow and development potential. Character property with high ceilings, fireplaces, full bathrooms, separate entrances, and FULL PARKING. The…
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Courtesy Of
Yan Gong Of RE/MAX HOUSE OF REAL ESTATE

$319,000 - 485 Sq.Ft

Beds
0
Baths
0.00

ACTIVE

Retail

MLS® #C4161727

Investors alert!! The rare find retail property is located at the BEST and CENTRAL location in Calgary, close to 16 AVE North (Trans-Canada Highway #1.) 30 visitor parking stalls right in front of the store on Centre St. North. Longer term good tenant for last 16 years. The triple net rental income to owner: 2018 -2019 Oct $1400/month, 2019 Nov-2020…
Active

Courtesy Of
Randall Weese Of COMFREE COMMONSENSE NETWORK

$449,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4161721

Nestled in the Foothills of the Rockies is a new development designed for estate living in a country setting with many nearby amenities and 10 minute access to both Okotoks and Calgary. Meyrick Estates is tailored for uncompromising individuals wanting both convenience of location and the beauty of the outdoors, country style living, peace and tranquility, and panoramic views. Meyrick…
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Courtesy Of
Floyd B Rogers Of ROYAL LEPAGE SOLUTIONS

$199,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4161709

AGRESSIVELY PRICED LOTS: Custom build your own home in this Quality Development, serviced with MUNICIPAL WATER, surrounded by HIGH-END yet affordable homes. Ideal for the Busy Commuter with a young family who wants Quick Access to the City/Okotoks/High River. 4 lots for sale in this six-lot subdivision fully paved right to the house. Each lot is fenced with treated posts…
Active

Courtesy Of
Floyd B Rogers Of ROYAL LEPAGE SOLUTIONS

$260,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4161707

AGGRESSIVELY PRICED LOTS: Four lots left in this 6-lot development on the outskirts of Okotoks, 12 minutes to the City. Minimal building guidelines registered, all serviced by MUNICIPAL WATER. Ideal for the busy commuter with a family, lots of elbow room yet not a ton of maintenance. All lots nicely fenced with treated post and rail, build your own custom…
Active

Courtesy Of
Floyd B Rogers Of ROYAL LEPAGE SOLUTIONS

$260,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4161703

AGRESSIVELY PRICED LOTS 4 IN TOTAL: Four lots left in this 6-lot development on the outskirts of Okotoks, paved cul-de-sac and approaches, all lots nicely fenced with treated post and rail, MUNICIPAL WATER SOURCE, all utility services to the property lines, SCHOOL BUS right to the driveway, minimal building controls in place. Feel free to drive in and have a…
Active

Courtesy Of
Jim Lee Of CENTURY 21 BRAVO REALTY

$139,000 - 4382 Sq.Ft

Beds
0
Baths
0.00

ACTIVE

Retail

MLS® #C4161674

Unique opportunity to own a well-recognized and profitable franchise business with a SECOND food concept in the same building. This Franchise brand has great support, low royalty fees, training and is in South side of city. This freestanding building has a capacity of 132 seating, ample parking and is close to C-train station, office buildings, government services and retail services.…
Active

Courtesy Of
Matthew Wasserman Of COLDWELL BANKER MOUNTAIN CENTRAL

$550,000

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4161670

YOU CAN BUILD UP TO 31 STACKED TOWNHOUSES ON THESE 3 LOTS (6119 32 Ave, 6120 and 6128 Bowoood Dr) - HUGE INVESTMENT OPPORTUNITY. WILL PROVIDE PRELIMINARY PLANS. Tremendous opportunity! MC-1 rezoned lot - you can build up to 12 units on this lot in the best part of Bowness very close to Foothill Hospital, UofC, Market Mall, upscale Montgomery,…
Active

Courtesy Of
Matthew Wasserman Of COLDWELL BANKER MOUNTAIN CENTRAL

$575,500

Beds
0
Baths
0.00

ACTIVE

Not specified

MLS® #C4161663

YOU CAN BUILD UP TO 31 STACKED TOWNHOUSES ON THESE 3 LOTS (6119 32 Ave, 6120 and 6128 Bowoood Dr) - HUGE INVESTMENT OPPORTUNITY. WILL PROVIDE PRELIMINARY PLANS. Fantastic Opportunity! M-C1 lot in Bowness. The buildings have been demo'd. Save on demo. You can build up to 10 units on this lot. Must be purchased with 6120 and 6128 Bowwood…


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Canadian home sales activity strengthens in July

Canadian home sales activity strengthens in July

Ottawa, ON, August 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from June to July 2018.

Highlights:

  • National home sales rose 1.9% from June to July.
  • Actual (not seasonally adjusted) activity was down 1.3% from July 2017.
  • The number of newly listed homes edged down 1.2% from June to July.
  • The MLS® Home Price Index (HPI) in July was up 2.1% year-over-year (y-o-y).
  • The national average sale price edged up 1% y-o-y.

National home sales via Canadian MLS® Systems rose 1.9% in July 2018, building on increases in each of the two previous months but still running below levels recorded from mid-2013 to the end of last year (Chart A). Led by the Greater Toronto Area (GTA), more than half of all local housing markets reported an increase sales activity from June to July.

Actual (not seasonally adjusted) activity was down 1.3% y-o-y. The result reflects fewer sales in major urban centres in British Columbia and an offsetting improvement in activity in the GTA.

“This year’s new stress-test on mortgage applicants continues to weigh on home sales but its effect may be starting to fade slightly in Toronto and nearby markets,” 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 obscures significant differences in regional trends for home sales and prices,” said Gregory Klump, CREA’s Chief Economist. “Regardless, rising interest rates and this year’s stress test on mortgage applicants will likely prove to be difficult hurdles to overcome for many would-be first time and move-up homebuyers, heading into the second half of the year and beyond.”

The number of newly listed homes retreated 1.2% in July and stood below monthly levels recorded over most of the past eight years. New listings were down in more than half of all local markets, led by Calgary, Edmonton and Greater Vancouver (GVA). Fewer new listings in these markets more than offset an increase in new supply in the GTA.

With sales up and new listings down, the national sales-to-new listings ratio tightened further to reach 55.9% in July. This reading nonetheless remains within short reach of the long-term average of 53.4% for this measure of market balance.

Considering the degree and duration to which market balance readings are above or below their long-term average is a useful 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 July 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 July 2018, down from 5.4 months in June and near the long-term average of 5.2 months.

The Aggregate Composite MLS® Home Price Index (MLS® HPI) was up 2.1% y-o-y in July 2018. This represents the first acceleration in y-o-y home price growth since April 2017. It also suggests that the dip in home prices last summer and their subsequent rebound in and around the GTA may contribute to further y-o-y gains in the months ahead.

Apartment units posted the largest y-o-y price gains in July (+10.1%), followed by townhouse/row units (+4.7%). By contrast, one-storey and two-storey single family home prices were again down from year-ago levels in July (-0.7% and -1.5% respectively) but the declines were noticeably smaller than in recent months.

Trends continue to vary widely among the 15 housing markets tracked by the MLS® HPI, with home prices up from year-ago levels in eight of them, little changed in two of them and down in the remainder.

Home price gains are diminishing on a y-o-y basis in the Lower Mainland of British Columbia (GVA: +6.7%; Fraser Valley: +13.8%), Victoria (+8.2%) and elsewhere on Vancouver Island (+13.7%).

Among Golden Horseshoe housing markets tracked by the index, home prices remained above year-ago levels in Guelph (+4.1%) and stabilized in Oakville-Milton (+0.1%). By contrast, home prices remained down on a y-o-y basis in the GTA (-0.6%) and Barrie and District (-3%).

In the Prairies, benchmark home prices remained down on a y-o-y basis in Calgary (-1.7%), Edmonton (-1.3%), Regina (-4.8%) and Saskatoon (-2.1%).

Meanwhile, benchmark home prices rose by 7.2% y-o-y in Ottawa (led by an 8.3% increase in two-storey single family home prices), by 5.7% in Greater Montreal (led by a 7% increase in townhouse/row unit prices) and by 5% in Greater Moncton (led by a 9.9% increase in apartment unit prices). (Table 1)

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 July 2018 was just under $481,500, up 1% from the same month last year. This was the first year-over-year increase since January.

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 close to $100,000 from the national average price, trimming it to just under $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




Data Related to Nearby Schools Added to Listings on REALTOR.ca

Data Related to Nearby Schools Added to Listings on REALTOR.ca

Ottawa, ON August 1st, 2018 – Canadian parents have always asked their REALTORS® about nearby schools when considering a new home and starting today they’ll be able to access school catchment information when looking at property listings on REALTOR.ca, Canada’s #1 real-estate website.

New school catchment information on REALTOR.ca will rollout nationally in phases, with major centers available now (see list below). Coverage will grow to 80% of school boards in Canada by September. An additional feature allowing parents to search for a property within a particular school’s catchment area will be available later in the fall.

“When searching for a home, having supplementary school catchment areas available will help homebuyers make better, more informed decisions when it comes to selecting a home that meets their families’ needs,” said James Mabey, a REALTOR® from Edmonton. “Consumers look beyond pricing, or the number of bedrooms and bathrooms, and expect REALTOR.ca to have the latest information on a property.”

Earlier this spring, CREA partnered with Local Logic to add neighbourhood specific lifestyle information to REALTOR.ca property listings.

“We’re very excited to continue expanding our relationship with REALTOR.ca and work with them to develop meaningful products that showcase advances in Canadian real estate technology,” stated Vincent-Charles Hodder, CEO of Local Logic.

To learn more about the new school catchment feature, please visit REALTOR.ca and look for a listing in the current coverage zones.

Cities currently covered: Toronto, Montreal, Vancouver, Calgary, Ottawa-Gatineau, Edmonton, Quebec, Winnipeg, Hamilton, Kitchener-Waterloo, London, St Catharines – Niagara, Halifax, Oshawa, Victoria, Windsor, Saskatoon, Regina

Cities to be added by September: St. John’s, Barrie, Kelowna, Abbotsford-Mission, Sudbury, Kingston, Saguenay, Trois-Rivières, Guelph, Moncton, Brantford, Saint John, Peterborough, Thunder Bay, Lethbridge, Nanaimo, Kamloops, Belleville, Chatham-Kent, Fredericton, Chilliwack, Sherbrooke.

– 30 –

About Local Logic
Local Logic collects and shares location characteristics to assist prospective buyers, and real estate professionals, in finding just the right spot. Scores ranging from walkability, nearby transit and even street sound levels paint a virtual picture of the location before even setting foot on the property.

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:
Steve La Barbera
Media Relations, Local Logic
T: 438-994-6444
E: steve@ftgdigital.com

Linda Kristal, Director, Communications
The Canadian Real Estate Association
Tel.: 613-237-7111 or 613-884-1460
E: lkristal@crea.ca




Canadian home sales activity improves in June

Canadian home sales activity improves in June

Ottawa, ON, July 16, 2018 – Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from May to June 2018.

Highlights:

  • National home sales rose 4.1% from May to June.
  • Actual (not seasonally adjusted) activity was down 10.7% from June 2017.
  • The number of newly listed homes eased 1.8% from May to June.
  • The MLS® Home Price Index (HPI) in June was up 0.9% year-over-year (y-o-y).
  • The national average sale price edged down 1.3% y-o-y in June.

National home sales via Canadian MLS® Systems rose 4.1% in June 2018 compared to May. While this marks the first substantive month-over-month increase this year, sales remain well down from monthly levels recorded over the past five years. (Chart A)

More than 60% of all local housing markets reported increased sales activity in June compared to May, led by the Greater Toronto Area (GTA). By contrast, sales in British Columbia continue to moderate.

Actual (not seasonally adjusted) activity was down almost 11% compared to June 2017. Sales marked a five-year low and stood almost 7% below the 10-year average for the month of June. Activity came in below year-ago levels in about two-thirds of all local markets, led overwhelmingly by those in the Lower Mainland of British Columbia.

“This year’s new stress-test on mortgage applicants has been weighing on homes sales activity; however, the increase in June suggests its impact may be starting to lift,” said CREA President Barb Sukkau. “The extent to which the stress-test continues to sideline home buyers varies by housing market 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.

“The national increase in June home sales suggests activity may indeed be starting to turn the corner,” said, Gregory Klump, CREA’s Chief Economist. “Even so, the number of homes trading hands has a long way to go before it returns to levels posted in recent years. Looking ahead, home sales activity and price gains will likely be held in check by higher interest rates.”

The number of newly listed homes retreated 1.8% in June, and also stood below levels for the month in recent years. New listings declined in a number of large urban markets, including those in British Columbia’s Lower Mainland, Calgary, Edmonton, Ottawa and Montreal.

With sales up and new listings down, the national sales-to-new listings ratio tightened to 54.3% in June compared to 51.2% in May. The June reading was within short reach of the long-term average of 53.4%.

Consideration of the degree and duration to which market balance readings are above or below their long-term average is a useful way to gauge whether local housing market conditions favour buyers or sellers. Market balance measures 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 its long-term average, about two-thirds of all local markets were in balanced market territory in June 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 5.4 months of inventory on a national basis at the end of June 2018, down from the three-year high of 5.6 months in May. The long-term average for the measure is 5.2 months.

The Aggregate Composite MLS® HPI was up 0.9% y-o-y in June 2018, marking the 14th consecutive month of decelerating gains. It was also the smallest increase since September 2009. (Chart B)

Decelerating y-o-y home price gains have largely reflected trends at play in Greater Golden Horseshoe (GGH) housing markets tracked by the index. Home prices in the region has begun to stabilize and trend higher on a month-over-month basis in recent months.

Apartment units again posted the largest y-o-y price gains in June (+11.3%), followed by townhouse/row units (+4.9%); however, price gains for these homes have decelerated this year. By contrast, one-storey and two-storey single family home prices were again down from year-ago levels in June (-1.8% and -4.1% respectively).

With home prices having climbed above year-ago levels in 8 of the 15 markets tracked by the index, price trends continue to vary among housing markets.

Home price growth is moderating in the Lower Mainland of British Columbia (Greater Vancouver Area: +9.5% y-o-y; Fraser Valley: +18.4%), Victoria (+10.6%) and elsewhere on Vancouver Island (+16.5%).

Within the GGH region, price gains have slowed considerably on a y-o-y basis but remain above year-ago levels in Guelph (+3.5%). By contrast, home prices in the GTA, Oakville-Milton and Barrie were down from where they stood one year earlier (GTA: -4.8%; Oakville-Milton: -2.9%; Barrie and District: -6.5%). The declines reflect rapid price growth recorded one year ago and masks recent month-over-month price gains in these markets.

Calgary and Edmonton benchmark home prices were down slightly on a y-o-y basis (Calgary: -1%; Edmonton: -1.5%), while prices declines in Regina and Saskatoon were comparatively larger (-6.1% and -2.9%, respectively).

Benchmark home prices rose by 7.9% y-o-y in Ottawa (led by a 9.1% increase in two-storey single family home prices), by 6.4% in Greater Montreal (led by a 7.4% increase in townhouse/row unit prices) and by 6% in Greater Moncton (led by a 6.5% increase in one-storey single family home prices). (Table 1)

The MLS® Home Price Index (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 June 2018 was just under $496,000, down 1.3% from one year earlier. While this marked the fifth month in a row in which the national average price was down on a y-o-y basis, it was the smallest decline among them.

The national average price is heavily skewed by sales in the Greater Vancouver and GTA, two of Canada’s most active and expensive markets. Excluding these two markets from calculations cuts almost $107,000 from the national average price, trimming it to just over $389,000.

– 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