Closing A Pre-Construction Property in Calgary
Hi, my name is Kyle Dovigi and I have helped over 150 people to close on their pre-construction properties in Calgary - including 4 of my own personal properties! Learn from my experience and mistakes! I am here to help, so contact me anytime.
Whether you're a first-time investor or adding to your portfolio, this guide is designed to make the closing process as simple and stress-free, and to protect your investment. I’ll walk you through every step—what to expect, what to prepare, and how to ensure a seamless closing from start to finish.
SECTION 1
Preparing for Closing
SECTION 2
Required for Closing
SECTION 3
30 Days Before Closing
SECTION 4
Closing Week
SECTION 6
Maximizing Your Investment
11) Property Management
Hiring a local property management company in Calgary ensures your investment runs smoothly by handing operations over to a local professional.
12) Property Taxes
Calgary property taxes are 0.64861% of the assessed value annually and are the responsibility of the landlord.
13) Condo Fees
Each condo building has its own management company that handles maintenance and automatically collects condo fees.
14) Holdco Registration
If you bought under a holding company, it must be registered in Alberta prior to closing.