Investment/Income Properties

There is a wealth of information to get you started on where our city is in terms of economic health. It is a pretty straightforward portion of The City of Calgary website. You will find here stats on economic indicators, inflation, labour markets etc. It is a great place to get a feel for our city on an economic level.

Understanding the cost of living will give you a better understanding of what your margin's can be. How you can price your rental and how much you will need to spend in order to attractively price an income property and still be able to have good ROI value.

Utilities are a big responsibility. Understanding what utilities you may need and what the average price is based on what type of property you purchase for income is important. Also, take into consideration who will be responsible for utilities, you or your renters.

Now that you have had a chance to review how this can all look, we can get down to how all of this can work for you. Understanding your baseline, what you can afford becomes a key aspect in knowing how you will generate income. Having all of the above measures put in place, we can plunk numbers in to see what your returns could look like.

One of the most important steps in purchasing an investment property is understanding the rental market before you buy.

Use RentFaster to compare current rental rates, vacancy levels, and competing listings in the communities you're considering. This will help you estimate realistic rental income, identify areas with strong tenant demand, and make more informed investment decisions.

RentFaster also offers valuable tools for landlords, including community rental statistics, rental pricing data by property type, market reports, lease forms, inspection checklists, and other resources to help you successfully manage your investment property. Whether you're a first-time landlord or expanding your portfolio, it's an excellent resource to bookmark.

See how your rental property will be showcased to thousands of prospective tenants.

Browse the current rental portfolio managed by Sunset Properties Alberta to see how we professionally market our listings, present properties, and attract qualified tenants. It's a great way to understand the quality of our marketing and the types of homes we manage throughout Calgary, Airdrie, and surrounding communities.

This will give you an idea of where in the city will suit your needs in an income property. It is important to stay close to communities that are near high employment areas and public transit and good road systems. Depending on your price point, there are many options that we can discuss depending on your needs.