Encumbrance fees will be applicable to all homes in Rockland Park when the HOA facility opens and will be: Single Family Homes – $58.33/month + gst and Multi-Family Homes – $43.75/month + gst – for the 2024-25 fiscal year (April 1 – March 31).
Fee notices will be mailed/emailed to every property in Rockland Park and information will be posted on the Rockland Park connect website and in the e-newsletter.
Encumbrance amount:
$600 (+GST) per year for single family homes, laned homes, and duplex homes
$450 (+GST) per year for multi family homes (condos, townhomes)
HOA fees are tied to the City of Calgary Consumer Price Index (as issued by Statistics Canada) and can be increased above the Encumbrance amount by the annual Consumer Price Index (CPI) amount, also called the “Adjustment Amount.” The Adjustment Amount is applicable each calendar year after 2019. The chart below outlines CPI rates.
Year | CPI |
2019 | 1.42% |
2020 | 1.12% |
2021 | 3.18% |
2022 | 7.23% |
2023 | 3.810% |
2024-25 Maximum Annual Fee Rate with CPI:
$706.75 (+GST) per year for single family homes, laned homes, and duplex homes
$530.06 (+GST) per year for multi family homes (condos, townhomes)
Further information on the HOA fees can be found on the FAQ page.