Property management in Calgary

Questions

How much does a property manager charge in Calgary?

Across the Calgary market, ongoing management runs roughly 7–12% of collected rent, placement 50–100% of one month's rent, and renewals $150–300. KO Realty publishes its schedule up front: 8–10% for single-family homes, condos and secondary suites, 5–7% for multi-family of five units and over, placement at 50–75% of one month's rent, renewals $150–250 — with no markup on maintenance invoices.

What areas does KO Realty manage rentals in?

Calgary, Airdrie, Chestermere, Cochrane and Okotoks. The portfolio focus is investor-owned condominiums and single-family homes, secondary and basement suites, and small multi-family buildings of five to fifty units. Condominium board management is a separate RECA licence class and is not offered.

How do I find a rental through KO Realty?

Join the rental waitlist with what you need, bedrooms, budget, areas, move-in date. Managed homes are usually known weeks before a tenancy ends, so waitlist renters hear about matches before they reach the listing portals. It is free, and no legitimate manager in Alberta ever charges a renter to view, apply or register.

Can the same person manage my rental and sell it later?

Only if they hold both licence classes, which is uncommon, property management and residential real estate are separate licences with the Real Estate Council of Alberta. Holding both means the rental years and the eventual sale are one relationship, and the maintenance history, rent roll and tenancy records a buyer's agent will ask for are already in hand.

What is the maximum security deposit a landlord can charge in Alberta?

One month's rent. A landlord cannot require more than one month's rent as a security deposit, and cannot require a top-up later just because the rent has increased.

How long does a landlord have to return a security deposit in Alberta?

10 days after the tenant gives up possession. If the landlord is deducting for damages or unpaid rent, they must return the balance they do not intend to use plus an estimated statement of account within those 10 days, then provide the final statement and any remaining balance within 30 days.