Calgary CMA · October 2025
5%Rental apartment vacancy
Apartment-only survey, all structure sizes. This is not a vacancy estimate for detached houses or suites.
CMHC · apartment-only vacancy ↗Calgary Real Estate
Investment Properties.
Explore condos, townhomes and detached homes across Calgary’s neighbourhoods. Find the property type, location and numbers that fit your investment plan.
Marian helps you assess and purchase properties. Send your budget, goals and questions; she’ll follow up to discuss your property purchase plan. Financial, tax and legal advice should come from the appropriate professionals.
WHY CALGARY?
A larger market.
More ways to invest.
Condos, townhomes and detached homes offer different ways to build your plan. Compare the neighbourhood, the tenant you hope to serve and the full cost of ownership before choosing a property.
Calgary apartments · August 2026
$295,400Apartment benchmark
A different entry point from detached homes. Review condo fees, documents and potential special assessments alongside the price.
CREB · August 2026 ↗Calgary apartments · August 2026
Nearly 6Months of resale supply
Room to compare options in this segment. Resale supply is not rental vacancy and does not predict a property’s return.
CREB · August 2026 ↗Calgary detached · August 2026
$744,300Detached benchmark
A different budget and ownership profile. Consider upkeep, tenant needs and resale alongside rental income.
CREB · August 2026 ↗Dated market snapshot using the existing 2025–2026 sources. Benchmarks describe a typical property, not an asking price or rental appraisal. Conditions vary by area and property type. Verify current prices, rents and expenses for each property.
THE NUMBERS, MADE CLEAR
What could a Calgary
investment actually look like?
Here is one hypothetical Calgary rental-home scenario. These are chosen assumptions, not a current listing, rental appraisal or mortgage offer. This detached-home planning budget is separate from the market benchmarks above. The rent and costs need property-specific verification.
ILLUSTRATIVE PURCHASE
A rental home.
A full cost picture.
- Purchase price
- $750,000
- Down payment · 25%
- $187,500
- Mortgage amount
- $562,500
- Assumed interest rate
- 4.75%
- Amortization
- 25 years
Keep closing costs, initial repairs and an emergency fund separate from the down payment.
| Estimated rent | $3,500 |
|---|---|
| Mortgage · principal + interest | −$3,192 |
| Property tax | −$400 |
| Insurance | −$175 |
| Routine maintenance · 5% of rent | −$175 |
| Major replacement reserve · 5% | −$175 |
| Vacancy allowance · 5% | −$175 |
| Property management · 8% | −$280 |
| Cash flow before income tax | -$1,072 |
Small changes matter. If rent is 10% lower, this example moves to about -$1,341 a month, with percentage-based allowances adjusted too.
Illustrative example. Every property is different. Monthly mortgage payment uses a fixed-rate assumption compounded semi-annually, with monthly payments. The rate is not a quote. Rounded to whole dollars. Assumes a freehold property with no condo fees and tenant-paid utilities. Management is a budgeting allowance, not a service offer or quote. Closing costs, initial renovations, leasing fees and income tax are excluded. Add all costs that apply to your property; reserves are estimates, not spending limits.
RUN YOUR OWN NUMBERS
What could your investment look like?
Use the example above as a starting point, then change the numbers to match your own budget, financing and expected rent.
Run your own numbers
Change any field. Your estimate updates automatically.
Market: Calgary
ESTIMATED MONTHLY CASH FLOW
−$1,072/ month
- Gross monthly rent
- $3,500
- Estimated mortgage payment
- −$3,192
- Property taxes
- −$400
- Insurance
- −$175
- Condo fees
- −$0
- Maintenance reserve
- −$175
- Major replacement reserve
- −$175
- Vacancy reserve
- −$175
- Property management
- −$280
- Utilities / other expenses
- −$0
- Total estimated monthly expenses
- $4,572
- Estimated monthly cash flow
- −$1,072
- Estimated annual cash flow
- −$12,863
- Down payment
- $187,500
- One-time closing costs
- $0
- Initial repairs / renovations
- $0
- Total initial cash needed
- $187,500
Estimated cap rate
3.7%Property income compared with purchase price before financing. Excludes the major replacement reserve.
Estimated cash-on-cash return
-6.9%Estimated annual cash flow divided by total initial cash: down payment plus one-time closing costs and initial repairs.
CAD, rounded to whole dollars. Fixed-rate estimate using Canadian semi-annual compounding and monthly payments. Closing costs and initial repairs are counted once in initial cash, not monthly expenses. No mortgage insurance or income tax included. Financing eligibility and terms must be confirmed with your lender. Cash flow includes all reserves shown.
Like what the numbers are showing?
Marian can help you look for properties in Calgary or Grande Prairie that fit the investment plan you’re building.
For planning purposes only. Results are estimates based on the information entered and may not include every financing cost, tax implication, repair, closing cost, property-specific expense or period without a tenant. Actual mortgage terms, rents, expenses and investment results will vary. Verify property-specific numbers before making an investment decision.
HOW MARIAN HELPS INVESTORS
More than finding a property.
Start with what you want to achieve. Then bring the property, the market and the costs into the same conversation.
Compare the numbers
Review asking prices, comparable sales, rental estimates and likely ownership costs. See where the assumptions need more work.
Understand the property
Look at location, condition, layout and the features renters may value. Flag questions for the inspector, lender and lawyer.
Keep your goal in view
Consider the cash you need to keep available, how involved you want to be, and who might buy the property when you are ready to sell.
HOW IT WORKS
A clear path.
One step at a time.
- 01
Tell me your goal
Start with your budget, timeline and what you want the property to do for you.
- 02
Choose your market
Compare Calgary and Grande Prairie against your goals and comfort level.
- 03
Find the numbers
Set a working budget for rent, financing, expenses and a cash reserve.
- 04
Find the property
Build a shortlist around the plan, then compare each home on its own merits.
- 05
Do the due diligence
Review the inspection, financing, documents and rental assumptions with the right professionals.
- 06
Buy when it makes sense
Move ahead when the property, the numbers and your timing line up.
A USEFUL FIRST STEP
Get the Calgary
Investor Guide.
Not ready to call? Start with a practical guide to the market, the costs and the questions to ask before you buy.
Enter your name, email and phone. Read the guide right here after you submit.
- 01Dated market snapshot
- 02Rental-property types to compare
- 03Neighbourhood research checklist
- 04Sample investment numbers
- 05Costs and risks to check
- 06Investor buying checklist
YOUR QUESTIONS
A little clarity
before you begin.
Compare condos, townhomes and detached homes against your budget and target tenant. Each has a different mix of purchase costs, upkeep and resale considerations. A lower purchase price alone does not make a better investment.
Compare nearby rentals with the same bedroom count, condition and included services. Access to transit, work, schools and parking can matter. Citywide vacancy figures do not tell you how quickly one home will rent.
Marian can help review comparable rentals and the features that affect rent. Confirm the estimate and leasing costs with a local property manager before relying on them in your budget.
Yes. Discuss video viewings, an independent inspection, document review and purchase logistics early. You will also need a plan for tenants, maintenance and emergencies after closing.
With condos, review fees, reserve-fund documents, financial statements, rental rules and potential special assessments. With detached homes, budget directly for the building, grounds and major repairs. Verify any suite approvals separately.
Confirm financing, comparable sales and rents, property condition, insurance and all recurring costs. Have your lawyer review the documents and permitted use. Keep cash available for repairs and time without a tenant.
LET’S BUILD YOUR PLAN
You don’t need to know exactly
what you’re looking for yet.
Tell Marian your budget, your goals and where you’re starting from. She’ll help you look at the options and build a plan before you start making offers.