Thinking About Buying an Investment Property in Edmonton? Read This First
Thinking About Buying an Investment Property in Edmonton? Read This First
By Ibrahim AlGendy | The Counselor
Edmonton is quietly becoming one of the best value markets for real estate investors in Canada. Strong rental demand, lower purchase prices, and Alberta’s landlord-friendly laws make it attractive — but that doesn’t mean it’s risk-free.
If you’re thinking about buying your first rental property or expanding your portfolio, here’s what I tell my investor clients every time.
1. Focus on Cash Flow First, Appreciation Second
Don’t fall in love with finishes — fall in love with numbers. Positive monthly cash flow is king. Know your gross rent, operating costs, and expected cap rate before writing an offer.
If the numbers don’t work today, hoping for future growth is gambling — not investing.
2. Understand the Legal Side — Before You Buy
Does the property conform to zoning? Is the basement suite legal? What are your obligations under Alberta tenancy laws?
These are not after-the-fact questions. As a former lawyer, I help flag the legal blind spots so you’re not caught off guard mid-deal — or worse, post-possession.
3. Think Like a Property Manager
Will this unit be easy to rent? Who’s your target tenant? How much wear-and-tear will you face? Good investing isn’t about picking the prettiest place — it’s about picking the most functional, rentable one.
Final Counsel: If you’re ready to invest in Edmonton real estate, do it with clarity. I’ll help you find the right property — and ask the right questions — so your investment stands up not just financially, but legally too.
— The Counselor
