Full-Service Property Management

Now offering Services in Calgary, Strathmore, Lethbridge, Medicine Hat and the Surrounding Communities

Why Power Properties?

Calgary Property Manager meeting with Property Management Clients

At Power Properties, we understand the importance of finding a reliable property management company that you can count on. Which is why for the last 40+ years, our award-winning team of licensed Property Managers have been working tirelessly to put our client’s best interests first in Calgary and the surrounding areas.

We have the knowledge and skill set to take care of all your Property Management needs from start to finish. Including leasing, rent collection, maintenance and non-resident taxes. Whether you are new to rentals, an experienced landlord, or own a multi-family property, with Power Properties’ full-service property management you can rest assured your property is getting the best care.

 

  • It’s simple - try our services risk-free because you don’t pay until we successfully rent your property. Ask our Property Managers for full details.

  • Power Properties is proud to offer property management and real estate services in Calgary, Airdrie, Chestermere, Cochrane, Okotoks, Strathmore, Langdon, Medicine Hat and Lethbridge.

  • Over the last 40 years, we’ve developed a screening process has been proven to successfully find the best tenants for your property.

  • We value total transparency with our property management fees. So when it comes to coordinating repairs, we hire vetted third-party contractors with no hidden costs or surcharges. You pay what we pay.

  • Our team of licensed Property Managers know what to do in every situation. From property advertising, move in, inspections, move out, security deposits and more.

  • Our property management services have won multiple awards for ethical business practices from the Better Business Bureau, the Calgary Chamber of Commerce and the Calgary Residential Rental Association.

  • Never be woken up by a tenant in the middle of the night again. Our 24/7 Emergency Line is included with our property management services and ensures that your tenants will always be able to reach someone if they experience an emergency, such as no heat or a leak.

  • With a cloud-based portal for our property management clients, you can access all of your property’s information from anywhere in the world. Including monthly financial statements, inspection reports, leases, etc.

  • Our professional staff can assist you with non-resident tax documentation that will ensure compliance with Canada Revenue Agency.

  • Whether you have questions about cash flow or return on investment, our team of Realtors and Property Managers are equipped to help you find and purchase your next investment property.

Six Steps to Successful Property Management

  • Business Man with Briefcase. Power Properties. Calgary Properties Management.

    1. Rental Evaluation

    An agent from Power Properties will meet you at your property to provide you with a free rental evaluation. They will go over our property management services and fees in more detail.

  • Leasing Agent Showing Rental to Tenants. Power Properties. Calgary Properties Management.

    2. Marketing the Property

    We will arrange professional photos and a virtual tour of your property. Then we will start advertising on the best rental website.

  • Property Manager going over rental application.Power Properties. Calgary Properties Management.

    3. Screening the Tenant

    All our tenants undergo a rigorous screening process. This includes: employment verification, landlord reference and credit check.

  • Person signing lease agreement. Power Properties. Calgary Properties Management.

    4. Lease and Documentation

    After an application is approved, the tenant signs a 12 month lease and the Property Manager records the move in condition of the property.

  • Property Manager with hands over model home. Power Properties. Calgary Properties Management.

    5. Ongoing Management

    Ongoing management includes: rent collection, inspections, repairs, communication, payments and monthly financial statements.

  • Power Properties' rental sign in front of Calgary rental property. Power Properties. Calgary Properties Management.

    6. Renew or Move Out

    The Property Manager will provide you with a recommended renewal rate. We will negotiate this rate and new term with the tenant or prepare for their move out.

  • Questions about Property Management in Calgary

    Questions?

    Want to learn more about our processes and fees? Watch our video series where we break it down for you. Watch Now

Book A Rental Evaluation

Property Management Services and Fees

Properties located outside of Calgary, Lethbridge and Medicine Hat city limits are subject to additional charges

 
Rental property keys with a heart keychain. Power Properties. Calgary property management

  • Our leasing fee includes everything you need to get your property rented. Professional Photos, Virtual Tour, Advertising (up to 2 months), Showings and Tenant Screening. This also includes lease documentation, security deposit collection, a comprehensive written move-in report and a photographic record of the exterior and interior of the home. Properties located outside of Calgary city limits: $875

  • Our property management fee is all inclusive, so you won’t be stuck with any extra or hidden costs. This covers all the day-to-day property management services, including: rent collection, coordinating repairs and maintenance, inspecting the property, communication between you and your tenants, paying bills, auto-depositing your rental income into your bank account, and publishing a monthly financial statement. Properties located outside of Calgary city limits: 13%

  • Every year, we provide a recommended renewal rate to our clients and then negotiate the new lease term and rate with the tenant. If the tenant does not renew, this will default back to our Leasing Fee, and we will begin the search for a new tenant right away to limit the vacancy at your property.

  • Preparation and filing of the NR-6 or NR-4, filing and seeking approval of the budget and administering monthly deductions and remittances with Revenue Canada. $378/year + GST

    Each additional property is $100/year + GST

    Spousal surcharge if applicable $160/year + GST

    Individual income tax return (optional) $290/year + GST

  • We can offer custom property management fee structures based on your portfolio and needs. Click Here to Learn More

 

Property Management
Frequently Asked Questions

  • You want responsible, respectful tenants in your home and so do we. Our tenants come from a broad range of backgrounds. Some are new to Calgary, some are former homeowners themselves and some are lifetime tenants. No matter who they are, all prospective tenants undergo the same rigorous screening process and are held to the same high standards.

    We have a screening process, where we check:

    • Employment and income verification (as a guideline, we like to see our tenant's income be three times the rental amount)

    • Previous tenancy verification and references

    • Credit report

  • Your dedicated Property Manager will oversee and coordinate all repairs for your property. We offer our tenants access to an online portal for submitting requests and a 24/7 emergency line. Our lease agreements contain a repair and maintenance schedule to ensure all parties are clearly aware of their obligations. Click here for information…

  • It is our job to ensure that you get maximum dollar for your property. We watch the marketplace very closely. Pricing depends on location, size and quality, but the averages are:

    • Calgary: Detached Homes $1.50 - $2.00/sqft and Condos $2.50/sqft

    • Lethbridge: Detached Homes $1.50 - $2.00/sqft and Condos $1.50 - $2.50/sqft

    • Medicine Hat: Detached Homes $1.25 - $1.50/sqft and Condos $1.50 - $2.00/sqft

  • Depending on the economic climate in Calgary, most homes will rent in approximately six weeks if they are priced properly and are in good condition. By ensuring your home is well priced and advertised, it should not sit empty for long.

  • Yes! If your property is already rented out, there are still many benefits to hiring a property manager. Such as rent collection, repair coordination and renewal negotiation.

  • If you have a home owner’s policy, it is not suitable for a rental property. We can offer you a group policy which includes:

    • Unlimited vacancy

    • Rental income

    • Tenant Vandalism

    • $4 million umbrella liability

    Our Property Managers or our insurance broker can answer your questions and provide a free estimate for these services.

  • We offer full-service property management in Calgary and the surrounding communities. Including Airdrie, Chestermere, Strathmore, Langdon, Okotoks, Cochrane and rural properties. We also offer services in Southern Alberta including Lethbridge and Medicine Hat.

  • Yes! We are non-resident specialists. Every aspect of managing your property can be done through email or on the phone including monthly rental income deposits. Rest assured that your property will be monitored and well taken care of.

    We will also provide all necessary tax documentation for you as a non-resident and will ensure compliance with Canada Revenue Agency.

  • Yes! If you own more than 5 units, we can customize our fee structure to your portfolio.

 

Do you have more questions?

Request a Rental Evaluation

Our Property Managers know the Calgary and Alberta rental market inside and out. Contact us today to learn more about your options.

We understand the significance of quality service. Experience our property management services risk-free with a $0 Upfront Fee – you only pay when we successfully rent your property.

Latest News in Calgary Property Management

“They have been managing our property for 18 months now, good communication takes away the stress of doing it ourselves.”

— Kathryn B.