Category: Investing in Real Estate
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Brookfield, Homes by Avi, and Crystal Creek at Taza Park: A Buyer’s Lawyer’s Perspective
By Lev Kramar, Integrity Legal Solutions · Calgary, Alberta Brookfield Residential, Homes by Avi, and Crystal Creek Homes are the three first-wave residential builders at Taza Park on Tsuut’ina Nation land. Brookfield is building Rhythm townhomes, Homes by Avi is building the Aurora street towns, and Crystal Creek is building Juniper Ridge Villas. All three…
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Buying a Home in Taza Park: What You Need to Know Before You Sign
By Lev Kramar, Integrity Legal Solutions · Calgary, Alberta Taza Park is a 470-acre master-planned residential community on Tsuut’ina Nation land bordering southwest Calgary, with the first 6,500 homes being delivered by Brookfield Residential, Crystal Creek Homes, and Homes by Avi. Properties are sold as 99-year pre-paid leasehold rather than freehold. Most major Canadian lenders…
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Is Leasehold Property Worth It? A Canadian Buyer’s Honest Guide
By Lev Kramar, Integrity Legal Solutions · Calgary, Alberta Leasehold property can be a good buy in Canada when the lease is long (typically 99 years pre-paid), the landowner is stable (a First Nation, university, municipality, or established developer), and the purchase price reflects the leasehold structure. The main trade-offs are slightly tighter mortgage criteria,…
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Getting a Mortgage on a Leasehold Property in Canada: What Every Buyer Needs to Know
By Lev Kramar, Integrity Legal Solutions · Calgary, Alberta Most major Canadian lenders will finance leasehold properties, but with stricter conditions than freehold. You typically need at least 25–40 years remaining on the lease at the end of your mortgage term, the leasehold structure must be pre-approved by the lender, and amortization can be capped…
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Leasehold vs Freehold in Alberta: What Actually Changes When You Own
By Lev Kramar, Integrity Legal Solutions · Calgary, Alberta Freehold ownership in Alberta means you own both the land and the building on it indefinitely. Leasehold means you own the building but hold a long-term lease on the underlying land — typically 99 years pre-paid in modern Canadian developments. Day to day, the two feel…
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Legal Checklist for First-Time Calgary Home Investors
What You Need to Know Before Investing in Real Estate Calgary’s real estate market continues to be an attractive option for first-time investors looking to build wealth through property. But before jumping in, it’s crucial to understand the legal landscape that surrounds property investment. A little preparation now can help you avoid costly surprises later.…
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Why Should I Use A Real Estate Lawyer in Property Transactions?
Buying or selling a property is a significant financial transaction that involves various legal and financial intricacies. Whether you’re purchasing your first home, investing in commercial real estate, or selling a property, having a real estate lawyer by your side can make the process smoother and legally sound. What Does a Real Estate Lawyer…
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What the New Lowered Canadian Interest Rate Means for Investing in Alberta’s Real Estate Market
The recent decision by the Bank of Canada to lower interest rates has caught the attention of real estate investors across the country. In Alberta, where the housing market has shown both resilience and growth, this move could present significant opportunities. Lower interest rates often lead to increased borrowing power, making real estate more accessible…