Breaking News for First-Time Homebuyers!
By Power Properties
Exciting news for anyone looking to buy their first home, especially those considering a new build! The federal government recently announced changes that will make homeownership more attainable for many Canadians.
Here's the breakdown:
Longer Amortization Periods for New Builds: Starting August 1st, first-time homebuyers purchasing newly built homes will be eligible for mortgages with 30-year amortization periods on insured mortgages. This means lower monthly payments, making those dream homes more affordable.
Increased RRSP Withdrawal for Down Payments: The amount you can withdraw from your RRSP for a down payment is jumping from $35,000 to $60,000, effective April 16th. This is a great way to boost your savings and get closer to that down payment goal.
What the Experts Are Saying (CTV News):
Industry leaders are cautiously optimistic about the changes. Mortgage Professionals Canada CEO Lauren van den Berg sees this as a "step in the right direction" for affordability, but emphasizes the need to expand the program to all homebuyers, regardless of whether they're buying new or existing.
Canadian Home Builders' Association CEO Kevin Lee is more enthusiastic, calling it a "game changer" that will not only help first-time buyers but also spur new construction.
Other Helpful Updates:
The deadline to repay RRSP withdrawals for a down payment has been extended to five years for withdrawals made between January 1, 2022, and December 31, 2025. This gives you more flexibility to manage your finances.
The First Home Savings Account (FHSA) program is gaining traction, with over 750,000 Canadians already signed up.
Thinking of Buying?
These changes are a positive step towards making homeownership a reality for more Canadians. Power Properties is here to help! Contact us today to discuss your options and get started on your journey to homeownership.
We look forward to helping you find your dream home!
About Power Properties Ltd.
Founded in 1980, Power Properties has been providing hassle-free property management services to property owners, property investors and non-residents with homes in Calgary, Alberta for over 40 years. Our full-service property management includes everything from move in to move out, so you don’t have to worry about the day-to-day operations of your rental property. With a team of licensed professionals, years of experience, and award-winning service, you can rest assured that your property is in good hands.
Latest News in Calgary Property Management
Professional property management is more than a monthly expense, it's a long-term investment that protects and grows the value of your rental property. From reducing vacancy and attracting qualified tenants to ensuring legal compliance, proactive maintenance, and consistent rent collection, experienced property managers help landlords maximize returns while minimizing costly risks. Over time, these benefits often outweigh management fees, creating stronger cash flow, higher occupancy, and greater peace of mind.
Calgary's evolving rental market requires landlords to do more than simply post a listing and wait for inquiries. This article explains how professional property managers consistently reduce vacancy periods by combining strategic marketing, accurate market-based pricing, rapid communication, and structured tenant screening. Rather than relying on luck or timing, a systematic leasing approach attracts higher-quality applicants, minimizes costly vacancies, and protects long-term rental income.
Maximizing rental income isn't just about charging higher rent, it's about making smarter decisions that improve your property's overall performance. Discover practical strategies for Alberta landlords to reduce vacancies, retain great tenants, invest in high-ROI upgrades, control operating costs, and adapt to seasonal market trends.
Becoming a landlord in Alberta takes more than finding a tenant. From understanding local rental rules and preparing the property, to pricing it correctly, screening applicants, handling security deposits, and planning maintenance, every step matters when protecting your investment. This guide breaks down the essentials new landlords in Calgary, Edmonton, and across Alberta should know before handing over the keys.
A strong rental listing does more than advertise a vacant unit — it helps attract qualified tenants while filtering out poor-fit applicants before they ever apply. This guide explains how Edmonton and Calgary landlords can write clearer listings, use better photos, choose the right platforms, price strategically, and pre-screen inquiries to reduce vacancy time and find better tenants faster.
Professional property managers consistently fill vacancies faster and secure better tenants by combining strategic marketing, accurate pricing, rapid communication, and thorough screening processes. From professional listing photography to multi-platform advertising and comprehensive tenant verification, every step is designed to reduce vacancy time, protect rental income, and minimize risk. Discover how the right leasing system can help you attract higher-quality tenants, reduce costly vacancies, and maximize your property's long-term performance.
Choosing between a percentage-based and flat rate property management fee is about more than monthly cost. For Calgary landlords, the fee structure can influence your manager's incentives, the rent your property achieves, and your long-term return on investment. This article compares both models, explains where each works best, and outlines the key questions to ask before hiring a property manager.
Managing a rental in Calgary or Edmonton can look simple, until vacancies, tenant issues, maintenance, and legal details start piling up. This article breaks down when self-management works, when professional property management makes more sense, and how the right support can protect your time, reduce risk, and improve long-term returns.
Calgary's resale market softened in April, with 2,104 sales recorded — down 5.7% from last year. But for rental property owners, a quieter sales market doesn't mean a quieter rental market. We break down what the April numbers actually mean for your investment, by property type, and what to watch heading into the spring leasing season.
Managing a Calgary rental property takes more than collecting rent. This article breaks down the hidden workload landlords face, from tenant screening and maintenance to compliance, reporting, and time-consuming day-to-day responsibilities.
Many Calgary investors switch to professional property management when self-management starts limiting portfolio growth. This article explains how professional management helps reduce operational stress, improve tenant quality, protect income, lower legal risk, and give investors more time to focus on acquisitions, financing, and long-term strategy
This article explains how professional property management in Calgary helps landlords turn rental properties into a more stable and truly passive income source by handling tenant management, maintenance, vacancies, pricing, and day-to-day operations more efficiently.
Learn the 5 key steps to real estate investing, from choosing the right investment property to analyzing rental income and managing it for long term success.
Self-managing rental property in Calgary can quickly lead to costly legal issues, from invalid evictions to deposit disputes and compliance mistakes under Alberta law. Even small errors can have serious financial consequences, making proper procedures and documentation critical. Read the full article to learn how to avoid these risks and protect your investment.
Tax season doesn’t have to be stressful for rental property owners if you know where to look and what to prepare. Power Properties provides a complete annual statement that consolidates your rental income, expenses, and net figures in one place, making tax filing much easier. Staying organized and aware of important deadlines, especially for non-residents, helps you avoid last-minute panic and unnecessary costs.
Most landlords assume property management is simply about collecting rent, but in reality, it covers the full operational lifecycle of a rental, from tenant acquisition and legal compliance to maintenance, inspections, financial reporting, and long-term investment strategy. Read the full article to understand how each part works together and what it means for your property’s long-term success.
All the nitty-gritty details and requirements about security deposits. PLUS learn how to make sure you get your security deposit back in full from any landlord.
Self-managing a Calgary rental property works, until it doesn't. If you're constantly stressed, stretched too thin to grow, or unsure whether you're even handling things legally, those aren't just inconveniences. They're signs that the self-management model has hit its ceiling. This article walks through the seven most telling signals that it's time to bring in a professional property manager in Calgary, and why making that move is one of the smartest decisions a landlord can make.
Problem tenants don't have to be inevitable, with the right systems in place, most rental headaches are entirely preventable. This guide breaks down how professional property management in Calgary protects landlords at every stage of the tenant lifecycle, from rigorous screening and legally sound lease agreements to active tenancy oversight and navigating Alberta's eviction process.
One of the key functions you hire Power Properties for is tenant screening, but how do we do this? All of our tenants go through a rigorous three-stage, review, before being approved as a tenant. AI, the Property Manager’s Assistant and the Property Manager all play a role in evaluating the suitability of our tenants.
Many Calgary landlords begin by self-managing to save money, only to face costly tenant issues, legal mistakes, and unexpected time demands that eat into their returns. The real risks often appear after the damage is done. Read the full article to discover what most landlords in Calgary learn too late and how to protect your rental investment properly.
Property management companies have a variety of fee structures, but there are some standard fees you can expect.
Edmonton’s next high-growth neighbourhoods are already showing key signs, including new LRT expansions, infrastructure upgrades, and rising infill developments. Areas like Queen Mary Park, Inglewood, Blatchford, and Dunluce offer strong potential for rental income and long-term appreciation. Read the full article to see which neighbourhoods are set to take off and how to position your investment for maximum returns.
Renting out your Alberta property is easier and safer when you prepare properly. This checklist covers the essentials landlords often overlook, including legal compliance, maintenance, pricing, tenant screening, and inspections, so you can protect your investment and avoid costly mistakes. Read the full article to see the complete checklist and rent out your property with confidence.
Furnishing a rental can raise rent and attract short-term, convenience-focused tenants, but it also comes with higher upfront costs, faster wear and tear, and more active management. Unfurnished rentals typically offer longer tenancies, lower expenses, and steadier income. The right choice depends on your property, location, and goals. Read the full article to explore the pros, cons, and how to choose the best strategy for your rental.
February 1, 2026 - Your mortgage statement contains more than just numbers. One line in particular tells a story many rental property owners overlook—how much equity your tenant helped you build over the past year, even in a softer rental market.
Power Properties
Founded in 1980, Power Properties has been providing hassle-free property management services to property owners, property investors and non-residents with homes in Calgary, Alberta for over 40 years. Our full-service property management includes everything from move in to move out, so you don’t have to worry about the day-to-day operations of your rental property. With a team of licensed professionals, years of experience, and award-winning service, you can rest assured that your property is in good hands.