January 2025

Found 6 blog entries for January 2025.

Where to Get Your Condo's Status Certificate + What Is an Estoppel Certificate?

When selling or buying a condo, it’s important to understand what a status certificate is and where to get one. Sometimes known as an estoppel certificate, this provides a snapshot of your condo's current state, including financial details and bylaws. But where do you get this document, and why is it critical for a smooth transaction? Let's explore the steps and significance behind it in real estate dealings.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Condo Status Certificates at a Glance

  • Status certificates are obtained from the condo's management company or board, often with a processing fee.
  • The estoppel certificate provides a condo
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Valentine's Day Events in Calgary This Year

Valentine's Day plans don't have to require a ton of forethought to make a positive impact on loved ones—but it's always fun to do something special. No matter what you choose, the time together will undoubtedly turn out to be a treasured memory. For those without any concrete plans yet, here are five excellent Valentine's events in Calgary to consider.

Calgary Zoo—Wild After Hours: In the Heat of the Night

In their long-running tradition, the Calgary Zoo yet again hosts their Valentine's Day bash, In the Heat of the Night. Due to its popularity, this event is hosted on February 13th, 14th, and 15th, running from 5:30 to 9:30 p.m. Guests can start arriving at 5:15. Couples will be treated to an incredible four-course meal and a humorous

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Do You Pay Property Taxes on Condos?

Condo owners do pay property taxes, just like any other homeowner. But what exactly determines the amount? Property taxes on a condo combine your unit's assessed value, the municipal tax rates, and the provincial education property tax. The average collective property tax rate in Alberta was around 0.648610 as of 2024. Given the lower property values, annual taxes are typically lower for condos than single-family homes. Keep reading to uncover everything Alberta condo owners need to know about property taxes.

For informational purposes only. Always consult with an attorney, tax, or financial advisor before proceeding with any real estate transaction.

Do You Have to Pay Property Taxes For a Condo?

  • Yes, condo owners in Alberta are required to
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Down Payments For Condos in Calgary

Owning a condo in Calgary is an incredible privilege. From the city’s many food and shopping opportunities to its natural wonders and open spaces, Calgary’s vibrant neighbourhoods offer something for everyone. If you’re considering buying a condo here, you’ve probably wondered just how much you'd need for a down payment to make your dream a reality. However, the answer isn’t as straightforward as you may think, with various factors influencing the amount. 

Is it possible to navigate these complexities with ease? Discover how understanding the nuances can put you on the path to homeownership in this vibrant city.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real

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Can I Have a Dog in a Condo?

So, you're considering moving into a condo, and you have a furry friend to think about. You've probably heard that condos tend to have strict rules regarding pets, especially dogs. It's not just about size and weight—breed restrictions, noise, and behaviour guidelines can all play a part. You might even need to budget for additional costs like non-refundable deposits and monthly pet fees. Curious about what specific pet rules you might encounter and how to prepare?

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Condos & Dogs in a Nutshell

  • Many condos allow dogs but impose restrictions on number, size, and breed.
  • Governing documents like CC&Rs
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What is a Condo?

When considering a new place to live, it’s essential to understand what a condo entails—and how it might stack up against an apartment. A typical condominium offers ownership and community living, with individual units and shared common spaces. As a resident, there are clear benefits like building equity and access to amenities, but you’ll also face commitments such as condo association fees and rules. So, how do you decide if condo living is right for you, and what kind of investment will you need to make the switch from apartment life?

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Condo vs. Apartment at a Glance

  • Condos involve ownership of
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