Eagle Ridge is a posh residential neighbourhood in the south-west part of Calgary. Developed in the 1960s, this exclusive district is home to luxury properties and mansions, which are uniquely designed, on extensive manicured lots. Close to Downtown Calgary, Eagle Ridge has seen a transformation with various multi-million dollar homes being built. The absolute district has a remarkable attractiveness due to its large lot size, its natural surroundings and its prestigious dimension. It has a lot to offer to its wealthy residents in terms of convenient lifestyle with several nearby amenities, services and recreational opportunities.
Calgary is welcoming more and more foreign investors who are looking for luxury properties. The most sought-after ones are the houses of more than $1.5 million. This new attractiveness galvanizes the economy of the city and the luxury real estate market is rising, year after year. This phenomenon can be explained thanks to low mortgage rates and a high demand of wealthy foreign buyers who consider Canada as a secure and stable country to invest in.