What a home costs in Calgary, what you pay to close, and how much a physician program lets you buy.
Benchmark price for Calgary, July 2026, from the CREA MLS Home Price Index, Calgary area, as published in the LSTAR July 2026 release. Other cities show the MLS Home Price Index benchmark unless marked. Figures reviewed August 2026.
A physician program could add
$0
to the home you can buy.
Estimate at 4.49%, stress tested at 6.49%, with 10% down, below the $1.5M insured limit.
Alberta does not charge a land transfer tax. Buyers pay only modest land title registration fees (a small charge on the property value plus a charge on the mortgage amount), typically a few hundred dollars rather than the tens of thousands seen in Toronto or Vancouver. This is the single largest closing-cost advantage of buying in Alberta.
Sources: Alberta Land Titles fee schedule and Land Titles Act s. 64.1. Rates reviewed August 2026.
Physician programs qualify residents on $185,000 in PGY-1 and PGY-2 and $225,000 from PGY-3, not on these salaries.
PARA, PARA 2024-2028 agreement, article 35.03, in effect from July 2026.
Does Calgary have a land transfer tax?
No. Alberta does not charge a land transfer tax. Buyers pay only modest land title registration fees, usually a few hundred dollars, which makes Calgary one of the lowest closing-cost markets in Canada for physician buyers.
How much can a Calgary specialist physician qualify for?
It depends on your income, debts and down payment rather than the specialty name. Lenders use verified salaried or fee-for-service income, and an incorporated specialist can be qualified on corporate income plus dividend history. The calculator on this page runs your own numbers.
Is Calgary a good market for physicians to buy?
For many physicians, yes. Strong incomes, attainable prices relative to Toronto and Vancouver, and the absence of a land transfer tax combine to make Calgary one of the most physician-friendly markets in Canada.
