Property Management and Real Estate Services

Calgary’s rental market can change from year to year.

 

However, well-experienced property management companies and their managers are up to date with the very latest. Wondering when the best time is to rent out your home is a common question amongst many owners. There isn’t always a straight across answer and can have various factors that you need to keep in mind.

 

Here is what can determine the timing of your listing. 

 

Three Factors That Determine The Best Time to List Your Rental Property In Calgary

 

1) Number of Listings: 

The number of listings in your area will have an impact on the best months to rent your Calgary property. According to rentfater.ca, when there are a higher number of listings, it’s typically an indication of more people looking to rent. For example, moving in the spring and summer months to avoid the cold weather, settle in before the school year starts, and also avoid holiday seasons. As a result, owners will typically rent their homes within these cycles of transition. If you are working with a property management company, they’ll have the latest information on the current rental market, and guide you through the most favourable options. 

 

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2) Average Price:
Check out the other rental properties in your area to get an idea of the rent you can charge. With a local Calgary property management company, they’ll take the time to determine if there have been any rent increases, decreases, or incentives to determine the best fair market rent for your condo or home. Wondering how much rent you should charge for your home? Read our guide here!

 

3) Peak Rental Season 

Once spring comes around, renters start looking for a fresh start and change of scenery. With this in mind, consider having your Calgary rental property ad up well in time for when people start making decisions. Typically, you should start the search for your new tenant 60 days prior to their lease ending, unless they have plans to renew. This gives you plenty of time to plan ahead and be proactive.

 

(Are you a renter looking for a new start in life? At Unison, we can help you. Read our guide here)

 

Managing your property and understand when is the best time to list your rental can be overwhelming and stressful. However, hiring a property management company gives you access to insider information, and up-to-date data on the best time to rent your property. 

 

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

For any questions or inquiries, please contact us:

Phone: (403) 219-3000

Email: [email protected]

If you have money that you would like to invest in real estate, there is no better way than to maximize it. Using your money wisely, and planning for the future, can ensure that you make the most of the property while securing your investment (and future) in the process. 

 

We look at the pros and cons of four of the best real estate investing options available. 

 

Principal Residence Property 

Perhaps the most important method for real estate investing in Calgary is for your principal residence property. This is the house that you will live in and make your primary residence.  It is more than just a residency; you are making a long-term investment.

 

When owning a principal residence property, you pay off the mortgage to the property while growing your wealth. You will need the initial capital (known as the down payment) to secure the property. 

 

Once the property is yours, you can use it for rent (option three below) or improve it before selling it for a higher price in the future. That extra income will allow you to reinvest it in other properties or ventures. 

 

The only downside is that you will have to maintain it, and of course, pay off the mortgage, which can be challenging and decisively long-term. 

 

Residential Rental Property 

Perhaps the most common and significant way in which you can invest your money. With so many houses and condos for rent in Calgary, there is ample opportunity to buy an investment property. 

 

Owning a Calgary rental opens up the opportunity to earn an income through the rent collected, and pay off the mortgage on the rental property. It is the smartest way to go about making money while securing your investment for the future. 

 

However, owning a rental property is not easy work. As an active investor, you will have to manage the people of the property and maintain it. You will also have to invest in repairs and improvements, thereby requiring a very hands-on approach. 

 

Therefore you have two options: you can manage it yourself, or hire a property management company in Calgary to do it for you. While there will be a fee for their services, having a property manager look after your apartment ensures that all maintenance, repairs, and most significantly, the management of the renters are handled. 

 

calgary-rentals

 

Investing in Commercial Rentals 

Commercial properties can include anything from office centres to shopping malls. If it has the space to be used as a commercial property, it can be rented out to businesses. The owners of the property (you) can earn significant income through the rent from their tenants (the businesses). 

 

However, commercial investments do not have the same level of ring to it compared to residential properties. The main drawback is the expense that comes with acquiring, managing and maintaining the commercial property. 

 

As you will be looking after businesses and their employees, you have to ensure that the property is up to standards in appearance and safety. It is very much an active investment, requiring you to be very hands-on with managing the property and dealing with tenants. 

 

Between the expensive upfront capital and the complexities of managing it, many investors tend to opt for residential properties instead. 

 

Airbnb Your Property

Perhaps the most modern manner in which you can maximize your investment. Whether through your own property or a rental, you can rent out the space to earn you some extra cash. 

 

You have the opportunity to rent our guest suites, spare rooms and whole houses for a rate that you deem justifiable. You will have to consider factors like amenities, distance to attractions, transportation and the space itself to set a rental value. 

 

Much like Calgary rentals, you choose who you want to rent your space, after reviewing their ratings on the platform. You can rent it out to them for a night, weekend, or month. 

 

However, the main downside is that tenants are not always reliable when looking after the property. These short-term tenants do not typically take good care of the property as much as long-term tenants usually do. You also have to be entirely aware of any regulations and laws when it comes to Airbnbing your property. 

 

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

For any questions or inquiries, please contact us:

Phone: (403) 219-3000

Email: [email protected]

Website: unisonrealty.com

As Life in Calgary Magazine stated, “Calgary is ranked among the world’s cleanest, healthiest and safest cities in numerous international studies, and is a global leader for overall quality of life.”

 

Therefore, you can see why plenty of people move to live in Calgary. You could also understand why with such demands and an extensive array of options, it can be challenging to find homes to rent in Calgary – particularly if you are looking for cost-effective, affordable alternatives. 

 

However, with the right process, you will be able to narrow down your search. Utilizing our extensive guide below can find you affordable houses to rent in Calgary.  

 

Figuring Out the Parameters of Your Calgary Rentals Search 

 

  • Draw up a budget and calculate how much you have to pay in rent. Depending on how many bedrooms you want in a house, as well as amenities, your rent will vary. According to Rentals.ca, in July 2020, the average rental cost of a 1-bedroom property in Calgary was $1092, a two-bedroom property was $1335, and a three-bedroom property was $1420. With this foundation, you have a general idea of what you are expected to pay for rent. 
  • You should also follow along with the 30% rule, where you “shouldn’t spend more than 30% of our gross (pre-tax) income on rent“. This will safeguard against you struggling to afford your living expenses. 
  • Keep your house rentals near your work, children’s school, or at least close to public transport. You want your rental house to be located somewhere that will be convenient, saving you time in transport and money. It should be noted that you shouldn’t necessarily rent a property that is ideally located but above the 30% rule. 
  • Also, note down the amenities that you would like in your house. Do you want a yard or to be close to malls and local stores? Making a list can help narrow down your search. 
  • If you are struggling, contacting a property management company in Calgary can be beneficial as they will assist you with your search. 

property-management-calgary

Methods for Finding Rentals in Calgary 

 

With a firm foundation of what you would like to have in a rental home and what you can afford, you can begin to apply these methods. 

  • Begin your search online to get a sense of property values in your ideal areas. As there are a lot of different rental search engines available, alongside property management search options, you can narrow your search based on your parameters. 
  • Speak to friends, family and colleagues about available options that they might know about. You will be surprised to find that lots of people know of somewhere that’s available. 
  • Go old school by looking up print media options. Newspapers, for example, often have listings. However, they will not have as many listings compared to websites. 
  • Don’t rely solely on the Internet to find your rental property. While online sites are useful in terms of getting information and guiding you, they are not entirely reliable. Contacting a real estate agent or a Calgary property management company can help locate the best properties for you while providing more insight and information. 

Deciding on The Right Calgary Rental for You

 

  • Consider the length and details of the rental contract. Make sure the agreement is what you want and something that you can afford. If there are any questions, make sure you ask the landlord, property manager or real estate agent. 
  • Also, consider the reputation and name of the landlord or property manager. You want to make sure you know you’re in good hands and not with controlling owners.  
  • Does it have a few of the amenities you would like? While it might be challenging to get everything you want, having a few homely perks can really make your choice simpler. 
  • As much as you would like to find a house to rent in Calgary, you can always opt for apartments or condos. They might be significantly cheaper and can save you money in the long-term. 

If you would like more information on what to look for in rentals in Calgary, please check out our extensive list.

 

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

For any questions or inquiries, please contact us:

Phone: (403) 219-3000

Email: [email protected]

Website: unisonrealty.com

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When looking for a Calgary rental property, it is important to select the best option for your current situation. No two homes are created equal, and choosing the wrong property can have lasting effects, especially if you are engaged in a multi-year lease.

 

Therefore, consider these options when hunting for Calgary rentals:

 

7 Ways to Determine the Best Calgary Rental Property

 

 

     1.  Location

 

Location is easily the most relevant option for most seeking Calgary rentals. If you are too far from work the commute can become expensive and taxing. 

 

 

     2.  Rental Payments

 

Another important consideration is the cost of the rent. Even if the monthly rent is within your budget, it can become exuberant when factoring in utilities like heat, water, and electricity. A good rule of thumb is that your lodging cost should not exceed 30% of your annual salary. 

 

 

     3.  Parking Availability

 

 

If you own a vehicle, it can be difficult to find properties in the inner city that have a parking spot. This can be detrimental, and it may result in renting a spot for your vehicle.

 

Rentals Calgary

 

     4.  Condo Fees

 

This item is, of course, specific to condominiums. Some condo boards will raise the prices for living as time goes on, and can make the rental property a frustrating back and forth experience. 

 

 

     5.  Pet Allowances

 

If you have a furry friend it is important to make sure they are welcome in your new home. Many landlords have issues with pets being in the home, so make sure you declare them before entering into a rental agreement.

 

 

     6.  Water Receptacles

 

Having the right number of water receptacles at a property can be essential, especially if you are living with roommates. Nobody wants to wait for a shower or hot water, so make sure you have a comfortable number of water receptacles. 

 

 

     7.  Square Footage

 

Any space can be comfortable and cozy with the right mindset, but if you are moving into a smaller home than your current living situation, make sure all of your belongings will fit prior to the move.  

 

 

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

 

For any questions or inquiries please contact us:

 

Phone: (403) 219-3000

 

Email: [email protected]

 

Website: unisonrealty.com

Finding the right rental property in Calgary can be difficult. There are so many options available, and it is nearly impossible to find one that meets all of the criteria for your individual needs and wants. Although there are many options available, they often have glaring oversights on the parts of the owners, but these can be mitigated, especially if you use a property management company. 

 

But that is only one method to ensure you find the right condo for rent in Calgary for you. Let’s look at some of the ways you can hone in on the perfect rental.

 

Broad Choices for Condo Rental in Calgary

 

Location

Location is the most important feature of any property, and that is especially important in condos for rent in Calgary. If you work downtown, the Mission and Sunalta districts have trendy, new condos that offer you walking distance to all areas of downtown. However, if you aren’t looking for locations downtown, the nice thing about Calgary is the accessibility of the city. Most locations are reachable within a half-hour drive of each other, so it is worth considering locations that are centrally located. Classic locations like Lincoln Park and Shaganappi spring to mind, but most condo buildings worth their location will have great travel potential.

 

Features

Features can make or break a condo rental in Calgary. While most features are dependent on the individual’s wants, it is important to find a great, long-lasting design in any rental under consideration. Granite countertops, skylights, and indoor gyms may sound luxurious, but many condo buildings will include these features to make the property more attractive for renters. 

 

Condos For Rent Calgary

 

Tips for Condo Rentals in Calgary

Now that you have found condo rentals in Calgary with great locations and stunning features, you should take the time to figure out which ones stand out over the rest. Here are a few tips to guide you to the right decision.

 

Visit the place at different times

Visit the rental in the evening after the showing. Since this is the time most people will be at home, it is important to ensure the property meets your expectations. Be wary of loud neighbours, proximity to emergency service stations, and, if you can access the condo building, obnoxious odors and the like. Visit it on the weekends and see if there is a large community presence or if common areas are consistently overcrowded. These issues can seem minimal at first, but when planning to live there for several months or years, they can quickly wear on the most patient and understanding person.

 

Property Management

Property managers do make a substantial difference in the quality of your condo rental in Calgary. They will provide proper maintenance, clear communication, and quick response times during emergencies. These benefits truly do speak for themselves and selecting a condo rental that has a property manager can be one of the most imperative decisions of the rental process.

 

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

For any questions or inquiries contact us:

Phone: (403) 219-3000

Email: [email protected]

Website: unisonrealty.com

The best rental apartment can make you feel at home almost instantly. It provokes your imagination and makes you want to try different floor plans and furniture layouts, to determine the best fit for your busy lifestyle. But what are the things in an apartment or house rental in Calgary that give us those fantastic feelings?

 

Amazing Features for Houses to Rent in Calgary

Sometimes, it is the amazing features of the home, like skylights, or granite countertops. These features help you see the rental in Calgary as comfortable living or a modern design concept. If this is the aesthetic you are going for, minimal features like large windows or classy white trim can make the rental pop.

 

Other times it is because of the accessibility of the property. Like when you are close to the LRT line, or your favorite grocery store. Being able to walk to get your groceries isn’t only convenient, it also allows us to cut down on our transportation costs. LRT lines are great for our downtown commuters as well. 

 

house-for-rent-calgary

Professionally Furnished Apartments for Rent in Calgary

Sometimes we are moving away from a situation that leaves us with few belongings. This is one of the times professionally furnished apartments really shine. Having someone else make design choices based on professional concepts helps you move into a rental that already feels like home. 

 

Although, it is also nice not to have to spend the extra money on furniture that will eventually become boring or overused. Professionally furnished houses for rent in Calgary are a great way to save your money and time. Not only that, but they can also serve for inspiration so that when you are ready to make furniture purchases, you have a better idea of their required dimensions, and the number of pieces you will require.

 

When it comes to finding the best apartment rental buildings in Calgary, the choice is fairly unique to your individual circumstances. Just make sure you look for good features and a convenient location. It is also important to begin searching early so you don’t miss out on your dream home, or have to rush to pack and move in a tight time frame. 

 

However, if finding the best apartment rental in Calgary is too daunting a task, consider asking a property management company. Their trained and knowledgeable staff take great pride in choosing the perfect home for an individual. 

 

At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.

For any questions or inquiries please contact us:

Phone: (403) 219-3000

Email: [email protected]

Website: unisonrealty.com

 

Renting a home is an exciting, and sometimes challenging, task. Get ready to find the perfect rentals Calgary with these six tips.

Determine What You Can Pay for Rentals Calgary

Before you start looking at homes, create a budget and determine how much you can afford to pay for rent. A rule of thumb for renters is that no more than 30 percent of your revenue should be spent on housing costs.

Start Looking at Furnished Rentals Calgary Early

Rentals Calgary often go quickly, so give yourself time to get one that’s right for you. Inventory is often highest at the end of the month, so that’s a good time to look for furnished rentals Calgary.

Prioritize Rental Wants and Needs

A spa bath is appealing, but focus on the things you really want and need from a rental home. This includes things like the size of the home, its location, and the pet policy.

Be Prepared

Renting is often a speedy process. Don’t miss out on ideal unfurnished rentals Calgary because you don’t have all your paperwork in order. Make sure your references, credit check, and other information is ready to go.

Get Your Credit in Check

A good credit rating is important for renting just like it is for buying a house. A higher credit score gives you a better chance to rent your dream home and gives you more negotiating power. So know your score and work hard to keep it as high as possible.

Get Insight about Unfurnished Rentals Calgary

Chat with the current tenants and potential neighbours about the landlord and neighbourhood to get a feel for whether or not the unfurnished rentals Calgary are a good fit for you.

Follow these six tips as you look for furnished rentals Calgary to help you discover your perfect rental home.

At Unison Realty Group we are dedicated to helping you find the perfect rental in Calgary. Contact us today to find the perfect living fit for you!

 

Unison Realty Group Ltd.
Calgary’s Choice for Property Management & Rentals
For any questions or enquires contact us:
Phone: (403) 219-3000
Email: [email protected]
Website: http://138.68.242.122/

Looking for your first apartment? Trying to find the right apartment can be a challenging task. As a first-time renter, there are many things that you need to consider before you just go off and find an apartment that’s large enough to fit your belongings. Here are five tips for finding the right rental property.

Continue reading “5 Rental Property Tips for First Time Renters”