CitySearch Journal

Why Your Property Won’t Rent: Insights for Calgary, Alberta Landlords

Posted By CitysearchCalgary on Monday, November 18, 2024

As the year comes to a close, the Calgary rental market is experiencing a noticeable slowdown. According to recent data from the Canada Mortgage and Housing Corporation (CMHC), Calgary’s rental vacancy rate was approximately 2.7% in 2023, a drop from the previous year&rsquo...

Alberta Government Introduces Bill 30 to Amend the Condominium Property Act: A New Tribunal Modeled ...

Posted By CitysearchCalgary on Wednesday, November 6, 2024

Citysearch Rental Network Inc. – Condominium Management DivisionThe Alberta government recently introduced Bill 30: the Service Alberta Statutes Amendment Act, 2024, aimed at strengthening the Condominium Property Act. This bill proposes to establish a new Tribunal authorit...

Engaging Your Community and Avoiding Common Communication Pitfalls

Posted By CitysearchCalgary on Friday, October 4, 2024

Engaging Your Community and Avoiding Common Communication PitfallsEffective communication is key to fostering strong relationships and ensuring community engagement. Condominium boards should proactively share updates on projects, repairs, and issues affecting residents while als...

Calgary Rental Market Update: Submarkets Show Signs of Slowing Down – August 2, 2024

Posted By CitysearchCalgary on Monday, August 5, 2024

As the summer of 2024 unfolds, Calgary's rental market is experiencing notable shifts, raising eyebrows among property managers and tenants alike. A close look at the latest data reveals trends that suggest a cooling off in several submarkets, with a surge in available rental...

Tips for Renting Your Condominium – Owner's Guide

Posted By CitysearchCalgary on Wednesday, July 31, 2024

Before handing over keys to your new tenant, it's crucial to protect yourself and your investment by understanding your obligations:1. Adhere to Legal Requirements: Ensure compliance with the Condominium Property Act regarding rental units (Sections 53-56).2. Follow Condomini...

Calgary Rental Market The Impact of New Apartment-Style Condos on Rental Markets in the Suburbs

Posted By CitysearchCalgary on Wednesday, July 31, 2024

The surge in new apartment-style condos in suburban areas, predominantly purchased by out-of-town investors, has led to a downward trend in rental prices for these units. When a new condominium building complex opens for occupancy, it introduces hundreds of new units available fo...

Citysearch: Calgary's Top Property Management Company for 2021, 2022, 2023, and 2024!

Posted By CitysearchCalgary on Wednesday, July 31, 2024

Citysearch Rental Network Inc. was founded with a singular vision: to elevate the standards of property management and take the burden off property owners. Over the years, our dedicated team has strived to deliver an unparalleled experience for both owners and tenants, consistent...

Enhancing Condominium Living with Renters: The Crucial Role of Unit Property Managers

Posted By CitysearchCalgary on Tuesday, July 30, 2024

In the dynamic world of condominium living, the presence of renters is a common reality that can significantly influence community cohesion and overall satisfaction. Resident property owners often express concerns about tenants not being vested stakeholders, potentially leading t...

Article for CCI Newsletter - Renting Your Condo Primer

Posted By CitysearchCalgary on Tuesday, July 30, 2024

Tenant Responsibilities in Condominium Rentals:In addition to obligations under the Residential Tenancies Act (RTA), tenants leasing condominium units must adhere to the corporation's bylaws. These bylaws can be enforced on tenants, irrespective of their explicit agreement, e...

Dynamic Pricing Model – Rental Properties – April 2024

Posted By CitysearchCalgary on Tuesday, April 9, 2024

Your property is more than just real estate—it's an investment, and maximizing your return is essential. However, a common misstep among property investors is setting rental prices at the peak level observed in the market and waiting for a tenant willing to pay that pri...