New HomesAlberta / Commercial

Market report

ALBERTA RENTAL MARKET REPORT.

From 56 projects we've analyzed. Updated quarterly.

Edmonton avg
$280,000/unit
Calgary avg
$350,000/unit
Typical debt coverage
1.14×
Cash flow
~$160/unit/mo

Price per door

Two markets.
Different entry points.

Edmonton 47 projects, Calgary 7. Figures from our analyzed project sample, not the whole market.

Average price per rental unit
Edmonton$280,000
Calgary$350,000
Our analyzed project sampleCAD / unit

In plain words

"Most new buildings we analyze sit just above the 1.10× minimum. Builders are pricing right up to what MLI Select will finance, so the price you negotiate matters."

PROJECTS BY DEBT COVERAGE

  • Below 1.10×5 projects
  • 1.10× – 1.14×29 projects
  • 1.15× – 1.20×11 projects
  • Above 1.20×6 projects

Edmonton 47 projects, Calgary 7. A sample, not the whole market.

Stay in the loop

GET THE NEXT REPORT.

One email a quarter with the updated numbers — prices per door, debt coverage, and what we're seeing on our desk.