Race Real Estate
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Condominium Management
Calgary, Edmonton and Fort McMurray

Picture
⭐⭐⭐⭐⭐ "Best property managers in Alberta" – 100+ Google Reviews

If you need to fire your manager
we will work for free up to 3 months*

We save you money. Guaranteed!
or we will take another 12% off management fees.
Call for free and private consultation
​1-888-866-8848

We do NOT charge extra for maintenance.
​So a $1000 bill from a contractor is a $1000 bill to you.


Pricing and Services

40 units or less? Call for special pricing
1-888-866-8848
Option A: Accounting/Administration Only $10/unit/month.
Unless otherwise negotiated the minimum monthly charge is $600
  • Monthly Bank Reconciliation
  • Income and Expenses
  • Copy of original bank statement if board does not already have direct access to statements
  • Owner delinquencies disclosure and collection activities
  • Occupant online only communication for maintenance requests and passthrough to the board
  • Legal Assistance by a Broker or CPM (within limitations of the Real Estate Act)
  • Virtual board meetings and AGM during business hours are included at no charge
  • Minutes preparation (use of AI software required)
  • Requesting and coordinating contractor bids with the board handling in person contractor appointments and access
  • ongoing and progressive assessments of budget, insurance, bylaws, etc

Note: the board can do their own on site inspections and we will handle charging and notifying occupants of infractions for no additional charge. Other tasks can be handled for one-time fees.
Option B: Accounting/Administration AND Management $18/unit/month.
Unless otherwise negotiated the minimum monthly charge is $900
Everything in Option 1 plus:
  • Includes Quarterly Site visits/inspections, contractor bids
  • Minor project and maintenance management
  • After business hours AGM and one after-hours board meeting/year (virtual or in-person)
  • Preparation and running of AGM
  • Major budget assessments
  • Special assessments
  • Major change of insurance
  • Corporation insurance claims
Note: anything not in Option 1 is available for one-time A La Carte fee negotiable on request
Which Option is best for us?
The main difference between Option A and B is workload and responsibility.  In Option A the Manager's primary task is money-management, accounting, paying bills, handling delinquencies, and supporting the Board.  Most of the Manager's work is by phone and email.  The Board handles most of the on-site workload such as determining work to be done, hiring contractors, checking the work is complete, and informing the Manager when to pay the contractors.
In Option B the Board still makes management decisions but the Manager handles most of the work to actually accomplish the tasks and may need to come to site in-person.
Optional Add ons: 
  • Payroll: $250/mth per employee
  • Additional meetings will be $250/each max 2 hours included.
  • Site inspections free for 1/mth, $250 for 2/mth, $100 each for 4 or more. Travel included
  • Other hourly tasks $150/hr, $50/hr for travel. task under this billing will be treated like a third-party vendor, disclosure and permission will be given in advance, the board is not required to use the Manager for Major Project Management (which is usually marked up by the manager) but can be negotiated on a per-project basis or the use of a third party special project manager.
  • Rental Properties/Rental Pool Management
Call 24/7 to request consultation
​1-888-866-8848

*minimum 3 year agreement
In person by appointment only.  Addresses are for mailing or drop off purposes only. 

Race Real Estate Inc
200 Carnegie Dr
Suite 200 in the NABi building
St. Albert, Alberta
T8N 5A7
Main Office: [email protected]
Local Offices:

[email protected]
[email protected]
[email protected]

Toll Free 1 (888) 866-8848
​Note: Customer Service is open 24/7
The office is only open Mon-Fri 9-5
Leasing is open Mon-Sat but by appointment only and mostly evenings.
  • Home
  • Management
    • Residential Rentals
    • Commercial
    • Condominium
    • Residential A La Carte
  • TENANTS
    • Edmonton Leasing Dept
    • Fort McMurray Leasing Dept
    • Calgary Leasing Dept
    • Move Out SD
    • Notice of Landlord
    • Utilities
    • Tenant Fee Schedule
  • Apply Now
    • Alces Way SW
    • Fort Application
    • Edm Application
    • Calgary Application
  • Insurance
  • MAINTENANCE
    • Fort McMurray Maintenance
    • Edmonton Maintenance
    • Calgary Maintenance
  • Contact Us
    • Edmonton Office
    • Calgary Office
    • Fort McMurray Office
    • Rental Service Agreement
    • Condo PAD Form
    • Policies & Procedures
    • Terms
    • Rules
    • Pre-existing Tenant Setup
    • Job Permission
    • One Time Payment
  • Blog