Metroside 3


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Developer: Graywood Developments 

Address: 99 Shawnee Blvd SW, Calgary, AB T2Y 0P4, Canada

Neighbourhood: SW Calgary

Number of Bedroom: 1, 2 and 3

SQ Ft Units: +- 531 – 1,493

Occupancy Date: 2024/2025

Starting Price: $328,990 + GST

Priced From:$328,990– $555,990

The Opportunity

Fish Creek Exchange is a new Master-Planned Community located in Shawnee Park, just a little southwest of the bustling metropolis of downtown Calgary. Metroside2 is over 85% sold and the previous phases in this new development are SOLD OUT!

Metroside3 has launched with prices starting in the mid $300,000s, you can invest with as little as $36,000 and the best part is when the project is ready in 2025 you have 3 FULL YEARS of free property management included. This is truly a turnkey preconstruction investment opportunity in a city and area poised for long term growth.



Learn more – Call/Text 647-793-4689


Book a Live Zoom Call

Metroside3 is on sale now and selling quickly!
Don’t miss your chance to take advantage of this incredible opportunity!


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Don’t miss this incredible investment opportunity! Secure your unit now, and for a limited time, receive EXCLUSIVE VIP INCENTIVES including:



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Worksheet – Reserve Your Unit


Learn more – Call/Text 647-793-4689


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Metroside3

Calgary is a city of over 1.2 million people and expected to experience strong growth in the coming years. 

Located in Shawnee Park, just a little southwest of the bustling metropolis of downtown Calgary is Fish Creek Exchange – the city’s most popular and successful master-planned community. A gorgeously lush and lively lifestyle destination now celebrating – Metroside-3 condominiums launch.

Metroside-3 has a lot going for it. It’s a hotspot location.

It’s got stylish choices to live in. It’s surrounded by amazing nature. It’s got handy shops and amenities.
It’s easily connected to downtown and it’s a complete, picture-perfect community to call home.

The project will be ready in 2025 and when it is complete the builder is providing a 3 Year Rental Program that includes initial tenant placement for free and 3 years of property management paid for by the developer!

During 2023 to 2025 your capital is going to work for you while construction is completed.

From 2025 – 2028 the developer will manage your property and rent it out to qualified tenants at no charge to you! 

Purchasers will receive RENT INCOME from qualified tenants and experience a truly turnkey investment. 

Did you know that Shawnee Park has rents comparable to Downtown Calgary but investing in this area is way more affordable? 



LOCATION


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Is this a good investment?

Calgary is a city of over 1.2 million people and expected to experience strong growth in the coming years. It is consistently ranked in the top five most livable cities in North America and the world. 

Calgary is Pro-Investment! 

Landlord have way more power and control over their investments than in other jurisdictions, benefiting from:

Investor’s pay:

The Metroside master-planned community has a lot going for it. It’s a hotspot location. It’s got stylish choices to live in. It’s surrounded by amazing nature. It’s got handy shops and amenities. It’s easily connected to downtown and it’s a complete, picture-perfect community to call home 

The project will be ready in 2025 (townhomes in 2024) and when it is complete the builder is providing a 3 Year Rental Program that includes initial tenant placement for free and 3 years of property management paid for by the developer!

During 2023 to 2025 your capital is going to work for you while construction is completed. From 2025 – 2028 the developer will manage your property and rent it out to qualified tenants at no charge to you! 

Purchasers will receive RENT INCOME from qualified tenants and experience a truly turnkey investment. 

Did you know that Shawnee Park has rents comparable to Downtown Calgary but investing in this area is way more affordable?


See Average rent comparisons

Graywood Group

A Toronto-based private investment management company that specializes in the development of real estate properties of exceptional quality in Canada, as well as select markets in the United States. Graywood does more.

Our unique expertise incorporates a wealth of services from acquiring development sites, deal underwriting and structuring to all aspects of development management including land use approvals, project design, sales, marketing, construction management and project financing.

Our investments are primarily made through partnerships with institutions, pension plans, family offices, high-net-worth individuals, land owners and residential home builders.

Why Invest in Calgary?




Voted
#1 most livable city
in Canada

Alberta projected to
LEAD Canada growth
up to 2027

Most affordable
living costs for any major metropolitan centre in Canada

Pro-business economy and friendly
low tax business climate
to promote growth

Oil & Gas & burgeoning Tech sector
growth & new jobs,
and economic diversification

Lowest tax rate in Canada:
No PST, land transfer tax or foreign buyers tax

Minimal
closing costs (est. under $2,000)

Rising rents and
no rent controls

Positive net migration to
Greater Calgary area


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Frequently Asked Questions

I want to purchase a unit, what are the next steps?

If you are interested, please fill out a worksheet.

How is the contract sent?

The contract will be sent via DocuSign. Clients typically have a maximum of 12 hours to sign the purchase agreement to begin the 10-day cool off period. If the agreement is not signed within 12 hours from when the contract is sent, it will automatically expire at that time.

How long do I have to decide after singing the contract?

Most developers provide a 10-day cooling off period. Anytime within and up to the 10th day, if you wish to cancel your offer you can, with any monies received by the developer being refundable back to you.

How is the deposit paid?

Each Developer will have their own deposit instructions. You can usually deliver the deposit by bank draft to a local bank branch or wire transfer the deposit funds. The wire instructions to do this will be provided when a purchase agreement is signed.
NOTE: If a deposit is NOT received within one business day of signing the purchase agreement, it will automatically expire at that time.

What is the deposit amount needed, when is it needed?

There are varied deposit options depending on the Developer and the project. Please refer to the Pricing & Deposit structure emailed to you when you Registered.

What are my condo fees?

Condo fees vary per project, check the details in the marketing materials emailed to you when you Registered for a specific project. 

When is possession?

Estimated closing date will vary depending on the project, refer to the marketing materials emailed to you when you Registered. Typically, closing dates range between 2-4 years after construction begins, but every project is unique.

Do I have to provide a mortgage approval?

Yes, and can be provided from a mortgage broker or any major Canadian financial institution.

Am I allowed to assign my purchase?

Yes, assignments are usually permitted, double check your Agreement. However, the purchaser is often responsible for any legal cost associated with the assignment estimated to be $1,000 + GST.

Do I need a lawyer in Alberta to buy a property in Alberta?

Yes, to do land title registration, the lawyer who processes the closing documents needs to be in Alberta. You can sign your closing documents from the comfort of your own home. Since the start of Covid-19, lawyers in Alberta can sign closing documents via zoom, and then you can courier them back to your lawyer in Alberta.

How does closing work when I am not there?

On closing day, a member from the Developer’s service team will usually attend the closing day walk through, identify any deficiencies and email a copy of the warranty letter of possession for the customer to sign, to complete your enrollment of your property in the Alberta New Home Warranty Program.

What are the closing costs in Alberta on a new condo?

Your total closing cost will be around $1,350.00 dollars for a legal representative to convey your purchase in Alberta. They do not need to be physically located in Alberta but must be licensed to practice in Alberta. If you need a list of Alberta based real estate lawyers we can send you one.

Are there any hidden fees on closing?

You must always refer to your Agreement. However, most projects there are no hidden costs such as levies or transfer taxes. One big advantage in Alberta is that there is no land transfer tax or sales tax. Your purchase price does not include GST, unless otherwise noted.

My mortgage broker is inquiring about schedules, where can I find them?

Refer to the Purchase Agreement and disclosure documents provided by the Developer once you have signed you Agreement.  

Who pays utilities & how is that set up?

The owner sets up & pays for the utilities for their unit. Most utility providers require lead times of 3-4 weeks to have the transition
be smooth. The most popular services are Enmax, ATCO Gas, and Direct Energy.

What type of insurance do I need?

If you purchased a condo, or townhome, you require condo owner content insurance.
If you purchased a single family home, street town or duplex, you require full property coverage insurance.

What is the estimated property tax for the unit?

Property tax calculator for an estimate here:
https://www.calgary.ca/pda/assessment/revenue-neutral-policy-and-calculator.html?redirect=/taxcalculator

Can the Developer increase the price at closing?

You and your real estate lawyer will need to confirm this in the Agreement. Look for an escalation clause. Typically, if there is no escalation clause, the price will not increase on closing. You must verify this with your real estate lawyer. 

Can I get an update on the construction progress of my unit?

You can stay up to date with the progress of the project or your unit by visiting the developer’s website.

I need to get my unit appraised, who do I contact?

Please email the developer to arrange an appraisal.

When will I receive notice of the date and time of my possession?

Most developers provide notice of completion 30-90 days prior to possession, via email.

What if I want to show up for my possession walk-through?

Please provide us a minimum of 30 days notice prior to possession.

How do I get my keys?

The property management company,  will take both sets of keys – one for the tenant, one for themselves. Upon
completion of the rental guarantee term, your new property manager, yourself or a representative on your behalf, will be
responsible for picking up your keys from the property management company.

My mortgage broker is looking for confirmation that the unit is registered with Alberta New Home Warranty?

If they’re looking to confirm that we have registered your unit, they can confirm and look up the builder number via the link here:
https://residentialprotection.alberta.ca/public-registry/Property

When do we need to fill out and sign New Home Warranty Insurance?

As the purchaser, you do not need to enroll for Alberta New Home Warranty. Upon possession, you will receive the warranty
certificate and builder number. Within 2 weeks from closing, Alberta New Home Warranty will send the owner a package via
email or mail.

When & how do I start receiving my rental guarantee payments?

The property management company, will reach out to you 1-2 weeks after closing to obtain your banking details and
answer any questions regarding your tenant’s lease.

Can you send me the statement of adjustment for this project?

Statement of adjustment is sent to your lawyer, and is provided up to 60 days prior to closing. Please check with your lawyer.

I’m closing soon, what should I do?

If you haven‘t already provided your Lawyer’s information, please email it to the developer.
Please reach out to your mortgage broker and lawyer to confirm all information and paperwork is ready and up to date, to ensure
there are no delays for closing.

Who manages my property after the rental guarantee is up?

You may be able to continue with the current management company that is in place. Alternatively, we have a number of highly accomplished property management companies you can speak with. Many of these companies are currently working with our clients or have worked with our Clients in the past.  You will be responsible for hiring your own property manager or managing your unit yourself. If you’re looking for a place to start your search, Rentfaster has 60+ property management companies they recommend, sorted by the number of active listings. View that list here: https://www.rentfaster.ca/ab/calgary/property-management/

Other Properties

Metroside 2

99 Shawnee Blvd SW, Calgary, AB T2Y 0P4, Canada

Developer: Graywood Developments

Neighbourhood: SW Calgary

Occupancy: 2025

Deposit: 5% or 10% deposits

Starting Prices: $356,990

Buildings: 24 Blocks

Units: 150

Bedrooms: 2 and 3 

Sq. Ft Units: + 638 – 922

East Hills Cross North Towns

84 St SE & 17 Ave SE, Calgary

Developer: Minto Communities

Neighbourhood: East Hills

Occupancy: 2024-2025

Deposit: 5% or 10% deposits

Starting Prices: $411,990 – $481,990

Buildings: 24 Blocks

Units: 150

Bedrooms: 2-3

Sq. Ft Units:1303 – 1595


East Hills Cross – SE4

84 St SE & 17 Ave SE, Calgary

Developer: Minto Communities

Neighbourhood: East Hills

Occupancy: 2025

Deposit: 10% of Purchase Price (5% with Bond)

Starting Prices: $299,999 – $435,999

Buildings: 1

Units: 84

Bedrooms: 1Br, 2Br

Sq. Ft Units: 558 – 678