Property Management and Real Estate Services

Just like we did when we previously discussed the differences between condos and apartments, we will compare two popular housing options: it’s condos vs townhouses. 


Let’s take a look at the distinct differences between these two property options. 


The Basics 


The best way to start this off is to determine the basics of each property:

  • Condos are similar to apartments in that it is an individual unit residing in a building or community of buildings. Unlike apartments, condos are usually managed by an association or condo board, with each individual owning a condo. 
  • Townhouses are attached homes that the resident owns, but unlike regular homes, one or more walls are shared with an adjacent attached townhome. 


While they might share some development similarities, the two’s biggest difference comes down to ownership, homeowner associations, rentability, and fees. Let’s break each of these down.


Ownership Rules 


In terms of ownership, there is not much difference between the two. 


Firstly, when you purchase a condo, you personally own your unit and share joint ownership of the building with the other owner-tenants. Therefore, you will contribute financially (more on that below) to the building’s overall running and your own individual unit. 


On the other hand, townhouse ownership means that you own the building and the land it sits on. It is similar to a traditional home; instead, you might share some of the home’s walls with other detached dwellings.  

Ultimately, it all comes down to what you want and what you can afford. 

(Read our guide on what to look for in a condo rental)


Homeowners’ Associations (aka, the Board) 


The biggest difference between condos and townhouses against single-family homes is homeowners’ associations (HOAs), better known as ‘the board’. 


The HOA is run and operated by other tenants of the property, who handle the day-to-day maintenance of the shared spaces either through an individual or a Calgary property management company and establish all the rules. These can include noise levels, parties, pet allowances, renting out the property, and the extent you can conduct renovations within your unit (such as if it affects others or impacts their livelihood). 


When purchasing either, you will have to pay monthly fees to the association to maintain the property. HOAs manage the building, its grounds, roofs and exteriors of the structures and common interior spaces in many cases. 


In terms of condos vs townhouses, it all depends on how the HOA operates, their fees and rules. You’ll have to compare both and see the best option for you, both in terms of lifestyle and budget. 


The Costs of Owning The Properties 


Even with monthly HOA fees, owning a townhouse or a condo is more affordable than a home. 


Modern Luxury Apartments


Yes, you have to pay for property taxes, home insurance, and home inspections (before taking control of the house), as well as the various maintenance fees that come with managing the property. Still, overall they’re great options for first-time homebuyers or anybody on a budget. They’re also great as investment opportunities, particularly as Calgary rentals


(What to know how to make money from rental properties? Read this!)

In terms of the cost differences between the two, condos tend to be cheaper to buy since you invest in any land. The

HOA might be higher, though, but you won’t be worried about maintaining the land itself.  


The Better Resale Value


The resale value of each of these properties will never be as high as a single-family home, but that doesn’t mean you can’t make a profit. 


When it comes to appreciation rates, condos have generally been slower to grow in value than townhouses, but times are changing. The boom in condo properties, and their quality, coupled with the potential to profit as a condo for rent in Calgary, means you can still make a worthwhile investment after a few years. Townhouses, though, still offer high resale value. 


The biggest concern is that buyers have to consider other factors out of your control, including how well run the HOA is, their fees, maintenance, what the building or land offers, and any future developments. 


Which is Better For You? Calgary Condos or Townhouses? 


When choosing between the two, it’s best to consider your budget, lifestyle, and short-term and long-term plans. 


There’s no real winner—both have their pros and cons, and both have a fair amount in common with each other. Speaking to HOAs, real estate agents and Calgary property management companies can help. From there, you’ll be able to make the best decision.


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]


Part of owning a Calgary rental is that you get to maximize your income. You have the potential to make more money while paying off the mortgage by analyzing how much rent you should charge per month. 


You can’t go over the market rate (as you’ll deter renters), and you can’t charge too low, or you’ll lose money in the short and long-term. 


Finding the middle ground is the perfect balance where you can make a steady rental income that helps your debt and gives you more financial stability. 


How do you go about finding the perfect balance? How much rent should you charge? 


This guide will help you make the right moves to secure your rental income. 


4-Step Guide To Creating Your Calgary Rental Income 


Crunch Your Numbers

Ensure that the rent you charge has enough to cover all the expenses you accumulate as a landlord. Setting too low a price means you won’t be able to pay off the mortgage, maintain the property or pay back other debts. 


As such, it’s best to calculate all the expenses that come with being a landlord, so you can determine the minimum amount you’ll need to ensure that you can securely make payments while knowing that any extra means more cashflow. 


Consider the following: 

  • Mortgage
  • Bills for heat, power and water (if you include them in the rent)
  • Maintenance and repair costs (for both the interior and exterior of the property)
  • Income and property taxes 
  • Homeowners association fees (if part of a condo or apartment complex)
  • Property management fees (if you’re using one) 
  • Home insurance 

With this foundation, you can determine the minimum you can charge and now move forward to the next step. 


Know What Your Property Can Offer 

What your property can offer in terms of lifestyle and livelihood is paramount to determining how much rent you should charge. You know your property inside and out, so you can understand what makes it an appealing option for renters. 


For example, does your property offer cool amenities, such as a pool or gym room that other properties don’t? Does your rental condo in Calgary have an in-unit washer and dryer? Is the location close to supermarkets, public transportation, highways and Downtown? Is the walkability decent for families or couples? 

City living

It’s these pointers that mark your property out as different compared to others, so make sure you find the “attention-grabbers” that will hook in future renters. 


Know Your Competition

It’s essential to take a look at what other landlords in your area are charging. Remember, they might be your neighbours, but they’re also your competition; you’re both fighting to attract renters’ attention. 


Therefore, understanding what other landlords are charging for similar properties is pivotal to use as a starting point. But you have to dig a little deeper. You have to find why they are demanding that amount for their property. 


Is it the location, the amenities, or the large backyard? See what contributes to their overall rental price, and add it to your calculations. Do you offer something more or less? If so, you’ll have to adjust your rent accordingly.


Carefully comb sites like Rentfaster, Rentals, and to a lesser extent, Kijiji to get an idea of the competition in the area. 


If finding out this information is difficult, you can also speak to industry experts with an in-depth understanding of rent prices within your area. Real estate agents or property management companies in Calgary can give you insight into your competition and guide your pricing.


Remember to check if there was a shift in price in the last couple of months within the area. You may have to do the same to remain relevant in the rental market game. 


Check Track of Rental Laws 

While you’ll love to charge any rental amount you want, you can’t do it. Some provinces have limits to monthly increases, security deposits and late fees. Rent control laws exist to ensure that there is support for both renters and landlords. 


It’s best to double-check with the Alberta government on the laws regarding rental properties, security deposits and income. You can click here for more information.  


 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]


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, 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. 


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]



When you begin looking for apartments or condos for rent in Calgary, the process may appear daunting. However, there is a bevy of features and sites that make the search fulfilling, simple, and rewarding. All it takes from you is a little time and a sense of what you are genuinely looking for in your next rental situation. 


Therefore, the best way to begin your search for apartments or condos for rent in Calgary is to come up with a list of desires and goals for your next living space. The planning should be done quickly and refined as the search goes on because nobody knows exactly what they are looking for at first. 


Planning Your Calgary Rental Conditions


The first step in your planning process should be the location and size of your expected domicile. If you have a family, you will need additional rooms to have sufficient space for everyone to cohabitate, and you also want to ensure that you are in a location compatible with your work and social activities.


For instance, planning to move downtown while working in Airdrie or the far south end of Calgary may not be advisable, especially for people with a large family.


Happy roommates moving home resting and talking


The next step you should consider is the features of the condo or apartment. If you live an active lifestyle, you may want to ensure the potential rental building has gym or pool areas available. Similarly, if you have an outdoor pet, a large, fenced yard would be suitable for them to get exercise and out of the house. 


Finally, you should consider the cost. Yes, this is a relevant consideration to make throughout the planning process, but the previous considerations should inform it. Of course, this will help the most after you have begun the next phase, which is:


Researching Condos for Rent in Calgary


Now you have a plan in place and know what you are looking to find in your rental. Next comes the research phase. Look through property management websites as well as traditional avenues like and Kijiji. Find places you like, and perhaps note what makes them unique. Remember how flexible you are to change when you find an additional requirement that you value. 


After you have several listings that fit your specifications, contact the people who own or manage the properties and schedule viewings. Don’t concern yourself with committing immediately as this can lead you to make a decision prematurely. Instead, graciously inspect the properties, and once you are satisfied you have found the perfect property, engage with the owner or manager and make an offer. Good luck and happy hunting!


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]


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. 



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]