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Category Archives: Uncategorized

Tenant’s Security Deposits

Tenants’ Security Deposits – If a home is left unkempt and requires cleaning, damage by pets, broken appliances, Citysearch has a fiduciary duty to its owner to charge these expenses back to the tenant which means a reduction in the tenant’s security deposit refund.  The difficulty here lies in the fact that the tenant, owner and property manager each may view the condition differently.  …

Secondary Suites

Secondary (Basement) Suite – Important Notice  Designing a secondary or “basement” suite just got a lot easier. The City of Calgary has approved the Secondary Suite Development Permit exemption which eliminates the need for a Development Permit when people are looking to make their suite safe and legal.  Essentially, if a property meets all the requirements of the Land Use Bylaw and has the …

CMHC Rental Market Report for Calgary

Hello, Please find attached the most recent CMHC Rental Market Report for Calgary… just issued today reflecting October 2016 statistics. “The vacancy rate has moved well above historical averages largely due to a rise in supply in both the primary and secondary rental markets,” Richard Cho, Principal, Market Analysis (Calgary). The overall vacancy rate has increased to 7.0% and the average rent is $1143 …

Ottawa’s pipeline approvals give Alberta boost, but ri...

http://www.theglobeandmail.com/report-on-business/ottawa-approves-trans-mountain-pipeline-line-3/article33094301

A landlord’s nightmare: Tenants kept livestock i...

http://www.cbc.ca/news/canada/toronto/landlord-tenant-board-rent-goat-kingston-1.3872415

We Need Your Help!

We need your help – October 25, 2016 The Alberta government is poised to create a committee to examine rent regulation, security deposits, and other issues of critical importance to landlords in Alberta.  The Calgary Residential Rental Association (CRRA) has embarked on a campaign of information and advocacy to inform the government and the broader public that poor public policy actually hurts the people …

Apartment Finder Website ApartmentLove.com Among the W...

CALGARY, AB (October 24, 2016) – ApartmentLove.com, one of the largest apartment rental websites in the world, is now home to more than 600,000 daily active listings spanning 9,500 markets across Canada and throughout the United States. Launched in the fall of 2015, ApartmentLove.com is a favorite of the millennial generation, namely students, young professionals and new families, for its easy-to-use listing interface and …

Condo Corporation Cannot Prevent Rental

Condominium Corporation Cannot Prevent Rental of Unit Condominiums involve a unique form of ownership where the majority of owners control the site in a way that may impact your property rights, but that authority is not unlimited.  The Condominium Property Act (CPA) per Section 32(5) states it cannot prevent an owner from renting out his/her unit.  However, condominium corporations can adopt a rule prohibiting …

Message from Broker & CEO of City Search

A message from Lisa…   Citysearch is pleased to announce it is very active in leasing and managing residential properties in Calgary and area, from single family detached homes, duplexes and townhouses to apartment condominiums.  Citysearch matches high caliber qualified tenants to the best properties in Calgary…  Nothing gets Citysearch more excited than to facilitate the right match.  Our Citysearch’s tenant mix, a very …

Ottawa to Close Foreign Buyers Loop-hole

OTTAWA TO CLOSE FOREIGN-BUYERS LOOPHOLE (excerpt from the Globe and Mail – Oct 3, 2016)   “Ottawa will close a tax loop-hole that allows nonresidents to buy homes and later claim a tax exemption on the sale, a government source said Sunday.  The government plans to make sure the principal resident exemption is available only to individuals who reside in Canada in the year …

A Buyer’s Market in Calgary

Back in 2013, Calgary was classified with Vancouver and Toronto as one of Canada’s hot property markets, but now, as prices turn down, Buying a perfect house is both an important and a complicated task. No one would want to comprise when it comes to selecting a place to live. Buying the right home in the right locality and at the right time should …

Dear New Neighbours, Welcome to Calgary

With all the recent talk about economic setbacks and fluctuating prices, it is easy to sometimes forget to look on the bright side. So, I’d like to take this opportunity to welcome those who are new to the neighbourhood and now call Calgary home. Calgary is a thriving city with an abundance of opportunities. Our city leaders are dedicated to building a sustainable community …