Alberta mortgage rates.

Correct — Alberta does not charge a provincial land transfer tax. You pay Land Titles registration fees instead, once on the transfer and again on the mortgage: $50 plus $5 per $5,000 of value each. On a $500,000 purchase with a $400,000 mortgage that is about $1,000 all in, against roughly $6,475 of Ontario land transfer tax on the same price. Still the lightest closing in the country by a wide margin — but not the $300-$500 that was true before Alberta raised the levy on 20 October 2024.

ATB Financial is a provincial Crown corporation (effectively Alberta's bank) with full-service mortgage products. They're often very competitive on Alberta files and especially well-positioned for energy-sector borrowers with variable-income files. We compare them on every applicable Alberta file.

Most A-lenders use the 2-year average of T4 box 14 plus consistent commission/bonus from boxes 38-50. Energy-sector files often have multi-year T4 averaging clauses that materially affect qualifying income. We shop lenders with the most favourable averaging methodology for your specific situation.

Medicine Hat ($393,928), Red Deer ($423,838), Edmonton ($444,950), Lethbridge ($465,724) are the most affordable Alberta markets we cover, all of them below Calgary's $629,855. Each of those is the local board's own monthly average — the Calgary Real Estate Board for Calgary, the Alberta Real Estate Association for the rest — rather than an estimate, and every city page links the release it came from. Across the Prairies more broadly, Winnipeg at $454,264 still prices below every Alberta market on this site.

No — you can buy property in Alberta from any province. The mortgage is on the Alberta property; your residency for tax purposes stays wherever you currently live. We handle out-of-province buyers regularly (BC and Ontario buyers picking up Alberta investment properties is common).