WerDel Properties

09/10/2026

Oops, I missed the September 2 interest rate announcement. The Bank of Canada held its key overnight interest rate steady at 2.25%, marking the seventh consecutive announcement with no rate changes. The hold reflects a wait-and-see approach amid rising oil prices and trade uncertainties. High borrowing costs keep landlords' operating expenses elevated and delay homeownership, keeping demand and rents high.

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09/01/2026

Werdel Properties manages 16 units in two neighbouring properties in Lacombe. For end of August/Beginning of September, we:
- had 1 move-in for Sep 1,
- signed 1 renewal contract for Oct 1,
- gave 3 renewal offers for Nov 1 and
- did 2 walkthroughs.

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08/05/2026

End of July/Beginning of August we had:
- 4 contracts (3 renewals, 1 new)
- 1 renewal offer
- 1 turnover
- 6 walkthroughs

07/15/2026

The Bank of Canada held its key overnight interest rate steady at 2.25% today, marking the sixth consecutive announcement with no rate changes. The central bank cited a rebounding economy but warned that global uncertainties and energy market volatility remain risks to future inflation. Interest rate holds generally keep rents high or rising by maintaining high costs for landlords and locking priced-out buyers into the rental market.

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06/11/2026

I hope people looking to rent realise that the algorithms on Facebook Marketplace pick and choose which listings will show up. It is not a complete list. For Lacombe, Kijiji is your most reliable source. Right now, you can find accommodation ranging from $1,050 to $2,250 for anything from 1 to 3 bedrooms. Currently vacancies are listed for

- Essex House
- RentLacombe.ca
- Aurora Place
- Cambridge Arms
- MacKenzie Court
- Trilogy West
- Hearthstone
- Werdel Properties

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06/10/2026

The Bank of Canada maintained the policy rate at 2.25%.

Not much has changed. The conflict in the Middle East continues. The resulting increases in energy prices and disruptions in global supply chains are weighing on global economic growth and pushing up inflation. At the same time, the US administration continues to propose new tariffs and trade policy uncertainty remains elevated. In the United States, economic growth remains solid, supported by consumption and AI‑related investment. In the euro area, growth is subdued, with higher energy prices weighing on activity. China’s economic growth continues to be supported by strong exports.

The Canadian dollar has weakened against the US dollar and other currencies. The GDP edged downwards. Consumer spending grew, but government spending unexpectedly declined. Housing activity declined and business investment remained weak. Exports fell while imports rose strongly as inventories were rebuilt. Employment has changed little since the start of the year. Inflation is expected to hover around 3% in the near term before easing gradually towards 2%.

Source: bankofcanada.ca

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06/08/2026

Update: This unit has been rented.

Garage! 3Bdrm Modern Spacious 2-Storey Corner Units LACOMBE

This home is move-in ready as of August 1, 2026. The address is Unit 8 - 5428 55 Ave, Lacombe. Please feel free to drive by. What you see on the outside is what you can expect to get on the inside. This unit is well-maintained, still fresh and like new. You’ll love the contemporary design featuring an open-concept layout, high ceilings, a wide staircase, large windows, and exceptional storage space throughout.

The main level includes:
- Attached heated garage
- Oversized covered porch
- Bright living room
- Dining area
- Modern kitchen
- Convenient half bathroom

The upper level features:
- In-suite laundry
- Spacious primary bedroom with private en-suite
- Two additional bedrooms
- A second full bathroom

The fully developed basement includes in-floor heating and can easily serve as a fourth bedroom, a second living area, home office, or flex space to suit your needs.

This property is ideally located across from Cranna Lake and just one block from the Gary Moe Sportsplex in Lacombe. You’ll also enjoy being within easy walking distance of most local amenities and schools.

We don’t just provide a home—we provide an experience. Snow removal and lawn maintenance are handled by your friendly landlord, giving you more time to relax and spend with family and friends.

Please note:
- First month’s rent is due upon signing the lease
- Utilities are not included in rent
- We decide about pets on a case-by-case basis

If you’re interested or have any questions, please complete the pre-screen form below:

https://l.singlekey.com/b6bb4cfc

05/07/2026

It feels like we are moving into an era of humans versus AI. With Marketplace currently not showing rental listings, I went back to basics and Googled “Rentals in Lacombe.”

Kijiji came up as the clear winner with 14 listings. It was around before Marketplace, and it is still there doing what it has always done.

RentBoard, Apartments.com, and Zillow also appeared in the search results, but with little to no inventory for a smaller city like Lacombe. They seem to be much more active in larger centres such as Edmonton and Calgary.

If you are not managing your own property, Red Key Realty also came up as a property management company with a few Lacombe listings. Then there is the larger Laebon group, which markets its own apartment buildings through its website for Lacombe and other locations.

If your property is listed on any of these platforms, it may or may not also appear on Mitula, which seems to function as a classified ad search engine for rentals.

We might have to go back to putting up banners and signs on the street front. Do you remember those days?

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05/06/2026

A summary of Property Managers and Landlords active in Lacombe this month. Sourced from Kijiji and Facebook Marketplace.

1. Red Key Realty
2. Trilogy
3. Tom Rogers
4. Dale
5. Tricon
6. Rob Ram
8. Shanna Developments
7. Hearthstone

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05/06/2026

A summary of what is for rent in Lacombe. Sourced from Kijiji and Facebook Marketplace.

1. $995_Flat Iron Building_Commercial Building_0Bed_1Bath
2. $1,395_Chez Sylvie Residence_2Bed_1Bath
3. $1,430_Trilogy Apartment_1Bed_1Bath
4. $1,550_Chez Sylvie Residence_2Bed_1Bath
5. $1,550_Adres not provided_House_Mainlevel_3Bed_1Bath
6. $1,650_Adres not provided_House_Basement_2Bed_1Bath
7. $1,650_Mackenzie Court Apartments_2Bed_1Bath
8. $1,650_Adres no provided_Duplex_3Bed_1Bath
9. $1,700_4929 Beardsley Ave_Fourplex_2Bed_2Bath
10. $1,799_4730 48 Ave_Triplex_3Bed_2Bath
11. $1,875_Adres not provided_Townhouse_3Bed_1.5Bath
12. $1,950_Adres not provided_Duplex_Mainlevel_3Bed_1Bath

Facebook Marketplace showed me only one rental when I narrowed the radius down to Lacombe. Everything else that came up was 'homes for sale'. I am wondering if anyone else is having this issue?

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