Frances Crow was renting a basement suite in northeast Calgary when she discovered she could buy her very own brand new two-bedroom apartment condo in a nearby neighbourhood.
Frances is a 34-year-old insurance professional who was born in Wales. Frances has called Calgary home for several years now and she wanted the financial stability and freedom that comes with homeownership.
“I love the fact that it's mine, nobody is increasing my rent, and no landlords want to access the property,” says Frances. “It's mine, all mine and I can do what I want, when I want.”
According to Frances, the best thing about buying an attainable home is that you only need to put $2,000 down.
“AHCC certainly helped me get on the property ladder a lot sooner. I had a three-year plan just to try and save five percent.”
“It helps knowing that you can get a mortgage and that someone is giving you that lift up where it's needed [with the down payment assistance].”
Frances bought a move-in ready two-bedroom apartment condo at SkyWest in SkyView Ranch. It features granite countertops, a premium stainless steel appliance package, cork flooring and a private balcony, all within a new development that was already fully constructed when she moved in.
Frances likes that it has quick access to Deerfoot and Stoney Trail, as well as the convenience of having essential services right next door, including a gas station and a convenience store.
About the development:
Status: Sold out
Location: SkyView Ranch, NE Calgary
Number of attainable units: 98
Type of units: Apartment condominiums
Size: 1 – 2 bedrooms, up to 963 sq. ft.
Builder: Truman Homes
WE MAKE HOME OWNERSHIP HAPPEN
Attainable Homes Calgary Corporation (AHCC) is a nonprofit social enterprise and wholly owned subsidiary of The City of Calgary that delivers well-appointed, entry-level homes for Calgarians who have been caught in the city’s growing housing affordability gap.
Through our Attainable Home Ownership Program, we connect builders, developers, lenders, lawyers and others to bring down the upfront costs of ownership so qualifying Calgarians can buy their very own home with a $2,000 down payment. Furthermore, when you decide to buy an attainable home, you're also choosing to pay it forward to help another family in the future. When you eventually decide to refinance or sell your home on the market, a share of the appreciation goes back into the program to fund more developments that will help even more people get a foot on the property ladder.
Do you aspire to own a home of your own? Contact us today and let us show you just how attainable this milestone can be.