University Heights real estate consists of both single-family homes and condo units, allowing home owners to select the option that suits their budget. The condos tend to be great first-home investments as they are about a quarter of the price of the free-standing homes. University Heights’ homes were typically built in the mid-1960s, and condos in the early 1990s.
Because of the strong population draw of the University of Calgary and the Foothills Hospital, University Heights has a strong tenant pool. Throw in a plethora of condos and University Heights makes a great contender for investment real estate opportunities. A well-priced unit can be rented quickly and easily, allowing property owners to generate monthly income.
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