Want a helicopter? Buy a home in Calgary

With sales activity under pressure from the oil slowdown some home sellers in Calgary are using innovative incentives to entice buyers. Among the deals offered in the city are a $350,000 contribution towards the cost of buying a helicopter and a luxury Tesla. “Calgary real estate is obviously taking a bit of a beating as are many businesses,” Keith Crawford, with Century 21 Bamber Realty told The Calgary Herald. “I had an interesting comment from my seller. ‘Why should we continue to reduce the price of the home in order to attract an offer? I could have given away a Ferrari for the price of reductions’.” There’s also good news for buyer agents as incentives being offered to them are ranging from $1,000 to $30,000 currently.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Rent control for newer units in Toronto: Good idea or bad?