Search MLS® Listings For

Calgary Multifamily Commercial

As an investor, investing in a commercial multifamily can yield you significant value-adds. Multifamily properties are considered commercial if they contain 5 or more units, which means higher income streams that can easily compensate for maintenance costs. 

The larger number of units also means more economies of scale are realized and opportunities to increase rent adjustments. Check out our vast collection of commercial multifamily properties below to capitalize on these opportunities.

Forgot password Extend Verify Contact
1-12/31

  • 1318 15 Avenue SW, Calgary

    1318 15 Avenue SW A-003 Calgary T3C 0X7
    Main Photo: 1318 15 Avenue SW, Calgary

    1318 15 Avenue SW Calgary T3C 0X7 A-003

    $2,495,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2221648
    Outstanding opportunity to acquire a fully assembled, mid-block development site in Calgary’s Beltline community. This 9,756 square foot site spans three contiguous lots at 1314, 1316, and 1318 15 Avenue SW and is currently zoned CC-MH (Centre City Multi-Residential High Rise District) under Land Use Bylaw 1P2007. This zoning supports a Floor Area Ratio (FAR) of up to 5.0, allowing for substantial future density in one of Calgary’s most dynamic and walkable urban neighbourhoods. The site is rectangular in shape with approximately 75 feet of frontage along 15 Avenue SW and rear lane access, offering strong development efficiency. Located between 12 Street and 14 Street SW, it enjoys immediate access to key commuter routes including 14 Street, 17 Avenue, and 12 Avenue SW, with nearby transit options enhancing connectivity for future residents or tenants. The property is within walking distance to grocery stores, restaurants, fitness studios, and both downtown and 17th Avenue’s retail corridors—an essential attribute for any successful multi-residential project. The land is improved with three separate structures: two are currently rented out, and the third is used as a professional office space. These improvements generate short-term holding income and provide flexibility for interim commercial or residential uses (subject to City of Calgary approvals). The site’s existing configuration and tenancies reduce carrying costs while future development planning is underway. This valuation reflects comparability to several recent area land transactions, adjusted for location, zoning, and development readiness. No development applications have been submitted to date, providing a clean slate for a custom-built vision. With its location inside the Beltline Area Redevelopment Plan, this parcel benefits from a municipal planning framework that prioritizes high-density residential growth. The CC-MH zoning allows for a wide range of uses and building forms, with potential for further density incentives where community benefit contributions apply. Whether you're a builder, developer, or investor seeking to hold income-producing land in Calgary’s inner core, this offering provides both immediate utility and long-term potential in equal measure. More details
    Listed by eXp Realty
    LISTING DETAILS

  • 1-12 4607 73 Street NW, Calgary

    1-12 4607 73 Street NW Bowness Calgary T3B 2M3
    Main Photo: 1-12 4607 73 Street NW, Calgary

    1-12 4607 73 Street NW Calgary T3B 2M3 Bowness

    $3,150,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2225168
    Build. Type:
    Low Rise (2-4 stories)
    This is the sale of units 1-12 inclusive in condo plan 7811038. All units are 12 bi-level townhomes, 2 beds and 1 bath, with washer/dryer hook-ups. Tenants pay their own utilities and supply their own washer/dryer. Each unit has its own separate entrance, with around 1100 sqft of rentable space, and its own furnace/hot water tank. M-C1 lot measuring 120 ft. x 150 ft. 12 parking stalls with electrical hook-ups. Bowness is on the rise as an emerging neighborhood with ongoing new development, due to its close proximity to the Bow River, University of Calgary and easy access to the Trans-Canada Highway. ** Seller financing can be discussed More details
    Listed by Michael Fleming Realty Corp.
    LISTING DETAILS

  • 1809 5 Street SW, Calgary

    1809 5 Street SW Cliff Bungalow Calgary T2S 2A8
    Main Photo: 1809 5 Street SW, Calgary

    1809 5 Street SW Calgary T2S 2A8 Cliff Bungalow

    $7,750,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2241961
    Build. Type:
    Free-Standing
    Real Estate is all about location and this building is located in one of the very best rental locations in Calgary. The building is a short walk to all of the amenities in Mission and 17 Ave SW.. Tenants can easily walk to work or their favorite shops and restaurants. The original owner of this concrete and brick building has done an outstanding job of maintaining and upgrading this property over the years. The building is well organized and well operated. There have been numerous upgrades in the property in the past few years, including a new elevator, a new make up air system, plumbing and heating upgrades as well as refreshing units when units were being turned over. The property is currently operated as a building for low income seniors and the owner have decided to move in a different direction and sell the property. The above ground floors have a sitting area for tenants to enjoy at their leisure if they wish to visit amongst themselves. The existing vacant units and any upcoming vacant units will be available to the new owners to rent as they choose. The Villa has a large amount of community activity space in the lower level, for gatherings, plus a games room, a boardroom, and office. There are 6 parking stalls at the rear of the building and 10 more parking stalls (1715 5th St SW) north of the building on a titled lot. The new owner can move the rents to market levels and enjoy this excellent investment for many decades. More details
    Listed by Michael Fleming Realty Corp.
    LISTING DETAILS

  • 1-6 8 Huntley Close NE, Calgary

    1-6 8 Huntley Close NE Huntington Hills Calgary T2K 4Z3
    Main Photo: 1-6 8 Huntley Close NE, Calgary

    1-6 8 Huntley Close NE Calgary T2K 4Z3 Huntington Hills

    $1,870,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2244388
    Build. Type:
    Condo Complex
    Rare Investment Opportunity – Fully Tenanted 6-Unit Townhouse Condominium. Located in the desirable Huntington Hills community, this exceptional six-unit townhouse complex presents an ideal opportunity for investors seeking strong returns and minimal upkeep. Each unit is individually titled, providing added flexibility and future resale options. The property consists of spacious bi-level layouts in most units, with Suites 2 and 5 offering two-storey floor plans. All six units are fully tenanted and equipped with in-suite washers and dryers, contributing to tenant satisfaction and convenience. Highlights: Total building size: 9,058 sq ft (approx.) Monthly rental income: $13,230 All six units fully leased. Nine designated parking stalls .Landscaped lot with well-maintained lawns. Low maintenance costs. This rare, income-generating property combines solid rental revenue with long-term investment potential. Don’t miss your chance to acquire a fully operational, multi-unit asset in a well-established neighborhood. More details
    Listed by Grand Realty
    LISTING DETAILS

  • 723 5 Street NE, Calgary

    723 5 Street NE A-402 Calgary T3E 2W7
    Main Photo: 723 5 Street NE, Calgary

    723 5 Street NE Calgary T3E 2W7 A-402

    $2,412,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2247596
    Huge Price Reduction - Prime location six-plex with brick and stucco exterior is located on a quiet street in the heart of Renfrew on a MC-2 lot. There is good access to LRT, amenities, and the downtown from this convenient inner city location. The property contains 4 - two bedroom suites (with balconies) and 2 - one bedroom suites. Each suite has two interior doors for access. There are six outdoor parking stalls with plug-ins. There are several long-term tenants. Suites are quick to rent when vacancies become available and various updates including paint + carpet have been done as suites turnover. Further property details, including rent roll are available upon request. More details
    Listed by Highline Real Estate Inc.
    LISTING DETAILS

  • 12 Huntley Close NE, Calgary

    12 Huntley Close NE A-505 Calgary T2K 4Z3
    Main Photo: 12 Huntley Close NE, Calgary

    12 Huntley Close NE Calgary T2K 4Z3 A-505

    $1,650,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2248006
    Build. Type:
    See Remarks
    Attention Investors - An Excellent and Rare Investment Opportunity awaits here with this Impeccably maintained and updated property. This Fully Tenanted 6-Plex is centrally located in the Highly Desirable community of Huntington Hills on a large 67' x 110' lot (7,370 sq. ft.) on a quiet street. This property offers a distinct and unique layout of 6 - 2 bedroom units in a Bi-level style with individual entrances for each layout which eliminates the need for shared common areas within the building. All units are an identical layout with in-suite laundry, a spacious family room with large windows, a cozy fireplace and access to a generous balcony through patio doors and rounding out the main level is a spacious dining room and kitchen. The lower level consists of 2 large bedrooms and a 4 piece bathroom. This extremely well maintained property has undergone recent upgrades for each unit including a new roof in 2020, new windows, patio doors, exterior doors and balconies in 2020 and new furnaces in 2007. Each unit comes with a designated paved parking stall at the rear and there is plenty of street parking for friends and guests. The monthly rental income is approximately $9000.00. Tenants pay all utilities and are responsible for snow shovelling and lawn maintenance. The owner is responsible for the $150/month garbage disposal fee (which eliminates the clutter of all the City bins) and an annual insurance cost of $3700. Ideally located within walking distance to two elementary schools, public transportation, playgrounds, easy access to major transportation routes, shopping malls and the airport, make this 6-plex in Huntington Hills an excellent investment! Call your trusted real estate professional for more information today! More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS

  • 515 4 Avenue NE, Calgary

    515 4 Avenue NE Bridgeland/Riverside Calgary T2E 0J9
    Main Photo: 515 4 Avenue NE, Calgary

    515 4 Avenue NE Calgary T2E 0J9 Bridgeland/Riverside

    $6,578,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2250165
    Build. Type:
    Condo Complex
    Incredible Bridgeland Investment Opportunity! This listing includes of 22 of the 82 units (27% of entire building) located in the Victory & Venture building located in the heart of Bridgeland – a popular sought-after inner-city community. An ideal investment in a newer building, built in 2016, this is the first time these 9-year-old units have been offered for sale through the developer. Situated on the corner of 4 Ave NE & Edmonton Tr, directly on the #5 bus route and walking distance to downtown makes this the perfect location for commuters and students. Offering 5 Townhomes, 1 x 3 Bedroom Unit, and 16 x 2 Bedroom units. Each unit has a titled underground parking space and 1 assigned storage unit, gas stove top, electric built-in oven, hood fan, fridge, dishwasher, washer and dryer, quartz countertops, large windows, and sleek cabinetry. 2 of the townhomes have central air. Common area amenities include a roof top terrace with conversation seating and amazing downtown views, bbq area and fire table, a fitness centre with yoga room, dog wash station, bike maintenance area and visitor parking. Your tenants will enjoy all inner city living has to offer including quick access to the river and pathway system, close to all amenities with an off-leash dog park nearby. A 5-minute walk to restaurants, bars, and coffee shops. Ideal opportunity to lease multiple units to corporations for their employees, this is an easy investment with the future potential of selling these separate titled units individually. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS

  • 4932 21 Avenue NW, Calgary

    4932 21 Avenue NW Montgomery Calgary T3B 0X2
    Main Photo: 4932 21 Avenue NW, Calgary

    4932 21 Avenue NW Calgary T3B 0X2 Montgomery

    $3,100,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2254062
    Build. Type:
    See Remarks
    Don't miss out on this brand new 8plex complete with a 4-car detached garage at the rear. This unique offering features 8 modern units across 2 separate buildings (front and back buildings). The front building will feature 4 bedroom upper units while the back building will feature 3 bedroom upper units. This property has strong rental potential and the flexibility to generate cash flow, especially using the MLI Select program. Each residence is thoughtfully designed with contemporary finishes, open-concept layouts, and low-maintenance exteriors—perfect for attracting quality tenants. Located in the heart of Montgomery, this property is steps from the Bow River pathway system, Edworthy Park, Market Mall, Foothills Hospital, and the University of Calgary, making it highly desirable for professionals, students, and families alike. With quick access to downtown, major roadways, and transit, the location is both convenient and connected. This is a turnkey commercial multi-family property offering investors a rare chance to secure long-term rental income in one of Calgary’s most sought-after and evolving communities. CMHC MLI Select mortgage to be assumed, contact for more details. More details
    Listed by eXp Realty
    LISTING DETAILS

  • 2410 14 Street SW, Calgary

    2410 14 Street SW A-007 Calgary T2T 3T6
    Main Photo: 2410 14 Street SW, Calgary

    2410 14 Street SW Calgary T2T 3T6 A-007

    $8,600,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2259924
    Build. Type:
    Low Rise (2-4 stories)
    Very well kept 38 units apartment building which was built on a 3 pieces of full size lot. 17- 2 bedrooms, and 21 one bedrooms. All top floor units have fireplace, all units have its own balcony and storage room. Every unit has its own thermostat and intercom panel. There have been a lot of continuous renovations such as : newer roof, newer exterior paint, newer siding and windows. New carpets and newer carpets on level 1 and 2 common hallway. Most units have laminate floorings. 19 units ' plumbings have been upgraded and newer vinyl or tiled tub surrounds. There is 21 underground parking stalls, and 17 exterior parking stalls. There are 4 storage rooms. Walk to junior high school , co-op and bus. Listing realtor Annie Thai is licensed realtor in Alberta and has an interest in 794321 alberta Ltd who is the seller. More details
    Listed by First Place Realty
    LISTING DETAILS

  • 6240 18A Street SE, Calgary

    6240 18A Street SE Ogden Calgary T2C 0B9
    Main Photo: 6240 18A Street SE, Calgary

    6240 18A Street SE Calgary T2C 0B9 Ogden

    $4,000,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2261107
    For more information, please click the "More Information" button. A brand new concrete building including suspended slab concrete main floor and 2 concrete firewall party walls. Well located a mere 600m from the future Pop Davies Green Line Station. The building is cladded in long-life exterior finishes with beautiful stucco and brick work alternating between units. Upper Townhomes feature engineered hardwood flooring, high quality appliance set including gas ranges, dishwashers, microwave, French door fridge and full size washer/ dryer with gas dryers. Quartz counters, commercial champagne bronze Delta fixtures and custom lighting. Stain-resistant carpet throughout the upper floor and beautiful tile work in all the bathrooms. The 3 bedroom, 2.5 bath floor plans provide ample space for families, small or large, and the addition of 400+ sq ft beautiful, private use, low maintenance rooftop patios nestled into the tree line of Lynnwood's mature streetscape, are an added bonus that will keep tenants for the long term. Lower Garden Suites: the lower garden suites, of approx 600 sq ft plus the private use lower patios of 240 sq ft, have great, private access. The patios are fully serviced with gas and water creating cozy personal spaces begging for an individual touch. The interior of the units feature very similar high quality finishes noting hardwood is substituted for waterproof vinyl as the units are heated by radiant floor heat, driven by a Navien combi-boiler/ HRV. The bathroom is spacious, features more tile work and a soaker, acrylic bathtub. The Delta fixtures is carried from the upper units as is the custom lighting. The property is further complimented by a detached, 5 car, heated and shared garage; stalls are assigned to the 5 upper townhomes only; lower garden suites are street parking of which there is plenty. The property currently qualifies for CMHC MLI Select financing but if we dont get a reasonable offer in the next 30 days, we will be condominiumizing the property and selling the units separately. The property is zoned HGO so the lower units can be sold separately (read- 10 titles). For the savvy investor, this investment is priced to allow solid appreciation into the completion of the Green Line while holding with positive cashflow under CMHC financing. Draft Condo plan and all draft condo documents are included with the sale. What an opportunity! See the timeless value that Heirloom Homes delivers in the highly prospective community of Lynnwood/ Ogden! More details
    Listed by Easy List Realty
    LISTING DETAILS

  • 1216 15 Avenue SW, Calgary

    1216 15 Avenue SW Beltline Calgary T3C 0X5
    Main Photo: 1216 15 Avenue SW, Calgary

    1216 15 Avenue SW Calgary T3C 0X5 Beltline

    $2,750,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2261454
    Build. Type:
    Low Rise (2-4 stories)
    Excellent Investment Opportunity! 11 x 1 bedroom units. Parking for up to 6 vehicles at the back of the building as well as on street parking. Building has been well maintained with some recent updates and renovations. Included is coin laundry machines and separate storage lockers. Walking distance to Sunalta LRT station, downtown and close to all amenities. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS

  • 1121 37 Street SW, Calgary

    1121 37 Street SW Rosscarrock Calgary T3C 1S5
    Main Photo: 1121 37 Street SW, Calgary

    1121 37 Street SW Calgary T3C 1S5 Rosscarrock

    $2,575,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2265250
    Build. Type:
    Low Rise (2-4 stories)
    A great Investment opportunity and Income generating property. This renovated 9-unit concrete building is turnkey and ready for immediate possession. 4 x 2 Bedroom Units, 4 x 1 Bedroom Unit & 1 Bachelor Unit. 100% parking at the rear of the property. Over $300,000 in recent renovations saw facelifts to all the units including new kitchens, flooring and appliances throughout. 6 units have their own full-sized laundry with free common area laundry for the 3 main floor units. This building is solid concrete with freshly painted stucco siding, new windows and a newer roof (approx. 2 years). Conveniently located across the street from all the amenities of Westbrook Mall and steps to the Westbrook LRT Station makes this the perfect location for students and commuters. Current Rent: $14,460/ month. Walking distance to Shaganappi Golf Course & Bow River Pathway System. 6 km to the Foothills Medical Centre and University of Calgary Campus. 4km to Downtown & 17th Ave SW. 4 km to Mount Royal University. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS
1-12/31
 <  123  > 
Data was last updated February 2, 2026 at 02:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

There are countless great multifamily properties posted above. Each with varying sizes, number of units, and unique characteristics creating a wide selection of investment opportunities. The first step to a successful multifamily investment is figuring out the size of the properties you are aiming for, or in other words, how many units. If at any point you need help deciding on a property, or want further information on something you like, please don’t hesitate to reach out to us.

Searching for Exclusivity?

Head over to our featured listings page to find properties solely listed by Kamil Lalji.

Explore Residential Multifamily

Check out our page dedicated to investors interested in residential multifamily properties.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.