Ditto here. Leduc is ideal. Then again if I were looking for a personal residence, I'd say Spruce Grove.

Dan, you should also try pulling the transfer (the first registered document on the title). That often has more information, like a real address or an attorney's name who you could contact.

Here's three I've recommended in the past: Advanced Remediation 15338 - 123 Ave. NW Edmonton, AB T5V 1K8 Phone: 1-866-773-1402 Aspen IAQ Laboratories Ltd 10061 166 St NW, Edmonton, AB T6P4Y1 (780) 488-2325 Tritec Environmental Consulting Ltd (780) 915-7203 2650-10770 Winterburn Rd...

This is a new requirement for insurance/contractors - testing is mandatory and it's taking some contractors a while to get it really figured out. I'm on the board of a north Edmonton townhouse complex and a recent water problem necessitated a similar test. It's reasonable for them to do it...

What type of commercial property? If you were looking at retail or office and were getting $3k on a triple net lease that'd be ok.

Those could be great terms. You should get a commercial agent or lawyer to help you out. I can suggest some people if you can give me a call.

There was a lot of condo construction there which got pinched when the market crashed. There's one or two 200+ unit buildings which were turned back into apartments at the time. The major plants in the area have essentially decided to ensure their projects don't overlap causing the extreme...

The biggest one is the Real Estate Assurance Fund (RECA link). It covers financial loss as a result of fraud, breach of trust, or a failure to disburse or account for money held in trust by an industry member". Ironically enough it doesn't cover the accounts for tenants' security deposits, but...

I'm just on my way back from a terriffic weekend in Vancouver at the ACRES weekend. I've heard been a number of discussions there and seen some threads on here about property management that give me some concern. There's two reasons your property manager needs to be licensed: 1. It's the...

Getting back to your original question, there's been sweet tweet for new multi-construction here for the past 20-30 years. We're just now seeing a handful of multi-family projects in Edmonton and there's a few failed condo projects that ended up as rentals. The majority of our very small (~2000...

Brilliant advice here from Thomas. That's a good sounding deal and I agree about going conventional. I'm also a big fan of the guys at Montrose.

Thomas brings up a good point too about when you go to sell. Owners want statements that show no taxable income, sellers want as large a net income as possible. It's a good idea to look at your statements when you're deciding to sell and see if there's expense items which could be capitalized...

I had a good chat with Brett Cairns from RE/MAX Ocean Pacific Realty this week to refer some of my clients in Edmonton to him. Say hi from me. http://www.brettcairns.ca 250-898-3348

Commission is typically going to save you any real money. If you go from 10% to 9% you're only saving a couple grand. A great realtor is going to do more to make sure you get it sold. Rather than asking them to earn less, ask them to do more. Try offering more commission - bonuses for the...

I think $50k is a round number. In Edmonton you can get a decent townhouse for under $200k ($40k downpayment, $1-2k closing costs, $3k reserve, $2k renos, $3k unknown buffer).

Thanks for sharing the stories Neill, you and Linda did a great job of making lemonade out of lemons. I'd add a third point - don't be greedy. I've heard of people who start grabbing every penny when things fall apart - sounds like you're being fair to generous to make sure it's win-win and...

There's a couple good commercial Realtors out there (ourselves and one or two other guys in Edmonton) who will help you do this for a reasonable fee. There's lots of ways to skin a cat and someone who has done a bunch of it can help you both win. I'd be happy to refer you to someone.

I recommend scoping the line for most things in Edmonton built pre-1960. It depends a bit on the area and the trees - Elm trees are the worst for going after sewer lines.

StatsCan's website is tough to find the full data you're looking for - it's there usually but it takes some time. Some types of data you'll have to pay for.

SEO stands for Search Engine Optimization - my former full time job for a large agency and some very large clients. It's the art of making sure that as a Realtor my websites are showing up for the right keywords when someone starts searching for a new home in Edmonton. It's a little...