Mansher Waraich - Real Estate

Mansher Waraich - Real Estate REALTOR® with LPT Realty — Edmonton, Sherwood Park, Leduc, St. Albert & area. Homes, infill lots, fourplexes & investment property.

English · ਪੰਜਾਬੀ · हिंदी · اردو. WhatsApp 780-599-6660 for your free Edmonton buyer guide.

08/11/2026

The FHSA mistake that costs people years of contribution room.

The First Home Savings Account lets you put in $8,000 a year up to $40,000 lifetime. Contributions are deductible like an RRSP. Withdrawals for a first home are tax-free like a TFSA. For what it does, it's the best account in the country.

Here's what people get wrong.

You don't accumulate contribution room until you open the account.

Not when you turn 18. Not when you start thinking about buying. When you open it.

So if you're 26, planning to buy in three years, and you haven't opened one — you are not sitting on $40,000 of room waiting for you. You're sitting on zero. The clock starts the day you open it.

Opening one costs nothing. You can contribute $0 and still start the clock. Most institutions will do it online in about ten minutes.

If buying a first home is anywhere on your five-year horizon, open the account this week even if you can't fund it yet. That single step is worth more than any advice I can give you about neighbourhoods.

I'm a REALTOR®, not an accountant. These are the public CRA rules — your accountant should check them against your own situation.

Comment FHSA and I'll send you the down payment one-pager.

08/10/2026

Edmonton started 21,337 homes last year.

That's up 16.1% from 18,384 the year before — the highest growth ever recorded here.

For context: Alberta accounted for nearly a quarter of Canada's housing starts with under 12% of the country's population, and more than 80% of every housing start on the prairies.

Here's what that actually means if you're buying.

Supply is the thing that keeps prices sane. The cities where prices ran away are the cities that stopped building. Edmonton didn't.

It also means you have choice. In a market with that much under construction, you are not in a position where you have to waive your conditions to win. That is not the market you're in, and anyone pressuring you like it is has a reason.

The flip side, if you're selling: more supply is also more competition. If you bought new in a growing suburb in 2023, you're now selling against the builder down the street who can offer incentives you can't match.

Which one are you this year — buying or selling?

08/07/2026

I moved to Alberta in 2015 with no plan.

I'd been studying in BC. I came here because it was cheaper and because someone told me there was work. That's the whole strategy. There wasn't a five-year plan.

I spent years in sales and management before I ever got a real estate licence. Got my commercial insurance broker licence somewhere in there too. And for a long time I thought the detour meant I was behind.

Here's what I actually think now.

Ten years of sitting across from people while they made a decision they were nervous about — that turned out to be the job. The licence is the easy part. Everybody has the licence.

What nobody tells you when you move to a new province is how long it takes before it stops feeling temporary. For me it was somewhere around the point I stopped calling BC "home" in conversation without noticing.

If you've moved here from somewhere else — where did you move from, and how long did it take before Edmonton felt like yours?

08/01/2026

If you're thinking about buying, selling or building in Edmonton, here is everything you need to know about working with me, in one post.

I'm Mansher Singh Waraich, a REALTOR® with LPT Realty. I moved to Alberta in 2015, got licensed in 2021, and I work across Edmonton, Sherwood Park, Leduc, St. Albert, Beaumont, Spruce Grove and Fort Saskatchewan.

WHAT I ACTUALLY DO

First-time buyers. The part most people find stressful: what you actually need for a down payment, what the stress test does to your budget, and what the real closing costs are in Alberta.

Infill lots, fourplexes and small-scale development. Edmonton's RS zone allows up to 8 units mid-block, and as of August 1st the maximum building height dropped from 10.5 metres to 9.5. If you own a lot in a mature neighbourhood, your numbers just changed. I can tell you what you can legally build on it.

Investment property. Real rents, real vacancy assumptions, and no spreadsheet built to make a deal look better than it is.

Commercial and business sales, including purchases tied to entrepreneur and business immigration pathways.

Selling. Pricing strategy, presentation, and a free no-obligation evaluation of what your home is actually worth today.

I also hold a commercial insurance broker licence, so I can talk about protecting the asset, not just buying it. And I work in English, Punjabi, Hindi and Urdu.

SOMETHING FREE, WITH NO CATCH

Most people think they need $100,000 to buy a home in Edmonton. They don't.

I put together a one-page breakdown of the real cash you need at $350,000, $450,000, $550,000 and $650,000. Down payment, mortgage insurance, legal, inspection, and the Alberta registration fees almost nobody mentions. Alberta has no land transfer tax, and that changes the math more than most people realise.

WhatsApp or message me the word NUMBER and I'll send it over. No call, no pressure.

780-599-6660
SinghSells.ca

Mansher Singh Waraich · REALTOR® · LPT Realty

07/31/2026

Here is a piece of housing news that does not make flashy headlines but could quietly shape where Edmonton grows next.

This week Ottawa and Alberta signed a new agreement worth more than $510 million in federal funding over eight years, aimed at something most of us never think about: the water and wastewater pipes underneath new neighbourhoods. Alberta is expected to add at least a third more on top of that.

Why does that matter for housing? Because builders can only build where the infrastructure already reaches. Aging or missing water, sewer, and stormwater systems have quietly been holding back new construction across the province. This funding is meant to clear that bottleneck and help support 25,000 additional affordable homes across Alberta by 2031.

For Edmonton, more serviced land usually means more new communities, more choice, and steadier supply over the next few years. That can help keep price growth in check and open up options for first-time buyers and investors looking at newer areas on the city's edges.

Would you consider buying in a brand new Edmonton community, or do you prefer an established neighbourhood with mature trees and schools already in place?

If you're thinking about buying, selling or investing in Edmonton real estate, send me a message anytime.

07/31/2026

The Bank of Canada just handed homebuyers something they have not had much of lately: a little predictability.

On July 15 the Bank held its key interest rate at 2.25 per cent, and this week it released the notes from that meeting explaining the decision. The short version is that inflation ticked up to 3.2 per cent in the spring, mostly because of higher gas prices, but the Bank still expects it to settle back near 2 per cent by early 2027. The economy is soft but slowly improving, so policymakers decided holding steady was the right call for now.

For anyone watching the Edmonton market, a steady rate means your mortgage math is not shifting under your feet week to week. That kind of stability makes it easier to get pre-approved, set a realistic budget, and plan a purchase or sale without trying to guess where rates land next month. The next scheduled announcement is September 2, so the weeks ahead are a good window to talk with your lender and get your financing lined up.

So here is my question: are you waiting for rates to drop further before you make a move, or is a stable rate enough to get you off the fence?

If you're thinking about buying, selling or investing in Edmonton real estate, send me a message anytime.

07/30/2026

🏡 Build Today. Benefit Tomorrow.

An opportunity like this doesn't come around often.

📍 9124 119 Ave NW, Edmonton 💰 Offered at $299,900 ✅ 66' × 59' Corner Lot ✅ Zoned for a Fourplex Today ✅ Potential for Higher Density in the Future* ✅ 4 Bedrooms | 3 Full Bathrooms ✅ Steps to a Park, Transit & Downtown

Whether you're a builder looking for your next project, an investor wanting rental income with future redevelopment potential, or a buyer looking for long-term value, this property checks all the boxes.

📩 DM me for the full information package or to book your private showing. 📞 780-599-6660 🌐 SinghSells.ca

Buyers should verify future development opportunities with the City of Edmonton.

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9419A 20 Avenue NW
Edmonton, AB
T6N1E5

Telephone

+17805996660

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