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Updated over 3 years ago on . Most recent reply

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7
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Asia Nebesnaia
1
Votes |
7
Posts

Calgary AB - good market?

Asia Nebesnaia
Posted

Hello BP team,

I am new to Calgary, and previously invested in Ontario and QC. 

ON and QC are obviously no-brainer markets - high appreciation and great cashflows. 

I am a little on the fence about Calgary, not sure what model I would employ here - BRRRR? Simply buy and hold? Flip? Airbnb?

My main concern is that the market in Calgary hasn't been very stable, and appreciation is not quite linear and I would hate to find myself in a situation where I end up with a negative cash flow on a property. Am I not seeing the whole picture? I feel like Calgary MUST be a good market, and it is one of the last markets in Canada where you have a big city plus touristy areas and still affordable prices. But I just cant find numbers to justify a decision to invest in it. 

Please send help =D

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