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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.

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13-24/28

  • 1501,1507,1511,1515 35 Street SE, Calgary

    1501,1507,1511,1515 35 Street SE Albert Park/Radisson Heights Calgary T2A 1B2
    Main Photo: 1501,1507,1511,1515 35 Street SE, Calgary

    1501,1507,1511,1515 35 Street SE Calgary T2A 1B2 Albert Park/Radisson Heights

    $3,300,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2131180
    Build. Type:
    See Remarks
    LAND ASSEMBLY 225X130,FLAT LOT 1501 is owner occupied and can be vacant quickly. Monthly rents are $2950-1515, $2500-1511, $2400-1507, Tenants pay utilities. Do not disturb tenants .long term tenants wanting to stay-Rents are low and could be increased. More details
    Listed by Alberta First Realty
    LISTING DETAILS

  • 531, 533, 535 24 Avenue NW, Calgary

    531, 533, 535 24 Avenue NW Mount Pleasant Calgary T2M 1X4
    Main Photo: 531, 533, 535 24 Avenue NW, Calgary

    531, 533, 535 24 Avenue NW Calgary T2M 1X4 Mount Pleasant

    $3,200,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2142851
    Build. Type:
    See Remarks
    Attention Builders & Investors this is a prime, inner city, Mount Pleasant redevelopment site with MC-2 zoning. Don't miss this RARE OPPORTUNITY which includes lots 23, 24, 25 & 26 combined, offering 100' frontage x 180' lot length, approximately 18.000 sqft lot size or 0.41 acres. Fantastic inner-city location, close to Downtown Calgary. Properties 531 (Linc# 0019928655) along with 535 & 533 (Linc# 0019928647) 24th Avenue NW must be purchased together. Excellent multi-family residential redevelopment opportunity. There is a proposed development plan for an apartment building comprising of 49 purpose built rental units 43 - 1 bedroom, 3 - 2 bedroom + 3 bachelor suites with 1 level of underground parking - 41 stalls. See land survey, geotechnical report, and ESA report available to view in the supplements, along with a recent commercial property appraisal $3.17 million (2023) of properties in their current state. Also, potential with the City of Calgary approval for new owner to rezone to build even more i.e. 75+ units with 2 levels of parking and potential commercial retail units (CRU's) at grade. MC2 is one of the highest medium-density zonings with tremendous flexibility to build commercial, multi-family, 4-6 storey apartment buildings are just some of the options with City of Calgary approval. Prime location within walking distance to Confederation Park, Mount Pleasant community amenities, schools, transit, shops & restaurants on 4th Street & 16th Ave NW. Quick commute to SAIT + Downtown Calgary, University of Calgary, Alberta Children’s Hospital & Foothills Hospital. This is an incredible opportunity to either develop a multi-family project or hold onto these inner-city Calgary properties with solid revenue generation for future redevelopment. Existing properties are revenue-generating side-by-side properties with South-facing backyards with garage/alley access. Note: Total SQFT / Building Area is the combined RMS measurements of the existing homes. 531 24th Avenue NW (built 1947) is a renovated 2-storey offering 2565 sqft above grade with 1 legal & 2 illegal suites, all in great condition. The main floor legal suite is 1470 sqft with hardwood floors, 2 bedrooms, a 5-piece bathroom, and a wood-burning fireplace. The upper-level illegal suite is 1100 sq ft with a living, dining room, 2 bedrooms, and a den with a private entrance. The lower-level illegal suite is 975 sqft, also with a separate entrance. 535 & 533 24th (built 1950) Avenue NW is a renovated bungalow with a legal lower-level suite. Main floor offers 1100 + sqft 2 bedrooms, dining room, living room, kitchen + a 4-piece bathroom. Lower-level legal suite with a separate entrance offers 1000+ sqft of living area, 1 bedroom, dining room, kitchen, living room + a 4-piece bathroom. Develop the proposed plan, bring your own vision to life or buy and hold - the possibilities are endless. Please do not disturb tenants/access property. Showings of properties subject to an accepted offer to purchase. More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • A,B,C,D 1404 43 Street SE, Calgary

    A,B,C,D 1404 43 Street SE Forest Lawn Calgary T2A 5E7
    Main Photo: A,B,C,D 1404 43 Street SE, Calgary

    A,B,C,D 1404 43 Street SE Calgary T2A 5E7 Forest Lawn

    $959,900
    Commercial
    Status:
    Active
    MLS® Num:
    A2143207
    Build. Type:
    Condo Complex
    RARE AND INCREDIBLE INVESTMENT OPPORTUNITY TO OWN A MULTI-FAMILY UNIT WITH FOUR SEPARATE TITLES. Welcome to this attractive Six Plex townhouse offering an ideal blend of comfort, convenience, and investment potential. Each unit boasts spacious living with 3 bedrooms and 1.5 bathrooms, ensuring ample room for families or professionals seeking a comfortable lifestyle. Enjoy the outdoors with a private balcony, perfect for relaxing or entertaining guests. This property stands out as a lucrative investment opportunity, situated conveniently near public transportation and a variety of shopping amenities. Families will appreciate its prime location within walking distance to elementary, junior, and high schools, making morning routines effortless and providing easy access to educational opportunities. Don't miss out on this chance to own a versatile property that promises both immediate returns and long-term value. Schedule your viewing today! More details
    Listed by Classic Property Management & Realty Ltd
    LISTING DETAILS

  • 4901 Bowness Road NW, Calgary

    4901 Bowness Road NW Montgomery Calgary T3B 1H1
    Main Photo: 4901 Bowness Road NW, Calgary

    4901 Bowness Road NW Calgary T3B 1H1 Montgomery

    $3,950,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2147664
    Build. Type:
    Low Rise (2-4 stories)
    UPDATE: The build is coming along at a very quick pace. we are now setting up full tours of the property. Brand new development. This is a superb rental property situated in a prime NW Montgomery location. The property features 5 - two bedroom townhouse style units and 4 - studio apartments within 9 separate municipal addresses. There are 5 oversized attached single car garages providing an excellent mix of parking and storage to the luxurious townhouse units. Additional features include 2.5 baths. Built in Murphy beds in the studio apartments and onsite bike storage. The retail and bus routes across the street offer tenants great services within feet of the front door. Floor plans with measurements along with proforma income projections are available in supplements. City of Calgary confirmation of new addressing is also available in supplements. Because this project is still under construction we respectfully request that no one go onto the property without first confirming that there will be a representative there to tour the property with you. Given the affordable studio suites included in this project we believe it will be a perfect candidate for the CMHC MLI Select program. More details
    Listed by D.C. & Associates Realty
    LISTING DETAILS

  • 4209 Bow Trail SW, Calgary

    4209 Bow Trail SW Rosscarrock Calgary T3C 2G1
    Main Photo: 4209 Bow Trail SW, Calgary

    4209 Bow Trail SW Calgary T3C 2G1 Rosscarrock

    $1,550,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2149247
    Renovated 6 plex in Rosscarrock with 1x3 Beds, 1x2 Beds and 4x1 Beds. Hot Water Tank in 2021, original but well-maintained boiler, newer roof (about 8 years old). Less than 15 Minute walk to Westbrook Mall and the LRT station. Please make offers subject to viewing. More details
    Listed by eXp Realty and Real Estate Professionals Inc.
    LISTING DETAILS

  • 527 18 Avenue SW, Calgary

    527 18 Avenue SW Cliff Bungalow Calgary T2S 0C6
    Main Photo: 527 18 Avenue SW, Calgary

    527 18 Avenue SW Calgary T2S 0C6 Cliff Bungalow

    $3,290,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2151129
    Build. Type:
    Low Rise (2-4 stories)
    527 18th 15 -1 BR apts tastefully upgraded in Cliff Bungalow/Mission. Units are approx 500-525 sf in size. Ideally located with a short walk to the shops, restaurants and amenities of 4th St SW and 17th Ave SW. Extensive capital expenses have been made... new owner just needs to bring the rents up to the market rents. UPGRADES 2014 - new boiler and hot water tank, 2015 - electrical upgrades to laundry room, 2017 - DURO-LAST roof installed with 1% sloped insulation package. 2018 - replaced front sidewalk and landing 2020-2021 - replaced front and rear doors with steel door, replaced intercom system. 2022 - replaced 15 unit doors. 2023 - replaced common area windows and replaced common area carpet tiles. Previous owners replaced unit windows and put duradek on the 12 balconies. Existing mortgage is to be assumed. (see supplements) More details
    Listed by Michael Fleming Realty Corp.
    LISTING DETAILS

  • 228 13 Avenue SW, Calgary

    228 13 Avenue SW Beltline Calgary T2R 0K2
    Main Photo: 228 13 Avenue SW, Calgary

    228 13 Avenue SW Calgary T2R 0K2 Beltline

    $3,300,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2141000
    Build. Type:
    Low Rise (2-4 stories)
    228-13 Ave SW, 10 suite concrete building including 6-2 bedroom, 4-1bedroom units. Totally renovated in last 5 years, including new roof, new flooring, new windows, upgraded intercom system, and total reno of all units including new baths, kitchens, appliance, flooring etc. This 10-unit building is in the heart of the Beltline across from Haultain Park, tennis courts, and is walking distance to all amenities. Great holding property, Room for rental increases, 50x140 ft lot, must be sold with 224-13 Ave SW (MLS A2140999), totalling 100x140 ft lot for future development. Prime location renovated concrete building, great mix, excellent hold!! More details
    Listed by RE/MAX Realty Professionals
    LISTING DETAILS

  • 733 44 Avenue NW, Calgary

    733 44 Avenue NW Highwood Calgary T2K 0J5
    Main Photo: 733 44 Avenue NW, Calgary

    733 44 Avenue NW Calgary T2K 0J5 Highwood

    $2,590,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2159950
    Great Location! 3 storey apartment condo building next to FFCA school, plaza and located right in the heart of Highwood. Well maintained building with lots of upgrades, newer flooring, fresh paint job, and much more. Renovation to Common area with tiles flooring throughout! This 3 floor high apartments have 9 units which includes 3 x 3 bdrm and 6x 2 bdrm units, minor stairs in front and back but No elevator. All units have a small storage room in suite along with its own furnace. 9 parking stalls in the back assigned to each unit and coin-op laundry in the building. Newer windows throughout; Replacing 2 balconies in the back. Roof on March 2019 been power wash and install liquid applied membrane RC 2000 to the entire 3200sqft roof. Hot water tanks replaced back in Feb 2019 with new Bradford White hot water tank. Each unit has it's own furnace and serviced regularly. In-suite storage and additional storage available in the building. Only 10 minutes drive to U of C, within few minutes drive to safeway and close proximity to future Green-line LRT. All 9 units are tenanted generated over $12,700 rent per month. Low Maintenance! More details
    Listed by YMK Real Estate & Management Inc.
    LISTING DETAILS

  • 224 13 Avenue SW, Calgary

    224 13 Avenue SW Beltline Calgary T2R 0K2
    Main Photo: 224 13 Avenue SW, Calgary

    224 13 Avenue SW Calgary T2R 0K2 Beltline

    $1,700,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2140999
    Build. Type:
    Free-Standing
    224-13 Ave SW, 50x140ft lot, includes 2 buildings. First building is a commercial office with street exposure and plenty of parking. The 2nd building includes a rented up/down home located at the back of the lot. Both buildings are in good condition, and must be sold with 228-13 Ave SW (MLS A2141000). Excellent holding property for future development, PRIME BELTLINE LOCATION, located across from Haultain Park, tennis courts, and close all amenities!! Total frontage of both lots 100x140 ft, zoned CC-MH with FAR of 5. Excellent holding, earn income while planning for future development. Must be seen to be appreciated!! Unlimited potential! More details
    Listed by RE/MAX Realty Professionals
    LISTING DETAILS

  • 5702 - 5716 2 Street SW, Calgary

    5702 - 5716 2 Street SW Manchester Calgary T2H 1Y6
    Main Photo: 5702 - 5716 2 Street SW, Calgary

    5702 - 5716 2 Street SW Calgary T2H 1Y6 Manchester

    $4,380,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2163994
    A prime land assembly is available in Manchester, Calgary, offering exceptional potential for high-density mixed-use development. Situated near the bustling intersection of Macleod Trail and 55 Avenue SW, the property spans approximately 25,000 square feet and is zoned DC-1 with Permitted Uses of MU-1 (MU-1f8h75), allowing for a wide range of commercial and residential uses (Proposed Plans for 146 Units, permitted). With a FAR of 5.0, which can be expanded to 8.0, developers have the flexibility to create a dynamic project that caters to the growing demand for housing and commercial space in this thriving community. The property's strategic location, combined with the favorable zoning and development potential, presents a unique opportunity for investors and developers seeking to capitalize on Manchester's rapid growth and vibrant lifestyle. The land assembly includes a diverse mix of existing properties, including a 4plex, duplex, single-family home with a basement suite, and a single-family home. This provides a solid foundation for redevelopment and offers potential rental income during the planning and construction phases. Manchester, a mature and established neighborhood, has experienced significant population growth in recent years, driven by its proximity to major amenities, transportation options, and the area's overall appeal. The demand for housing and commercial space in Manchester continues to outpace the city average, making this land assembly a highly desirable investment opportunity. Land Assembly is currently bringing in $120,540 Annual Gross Income. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 4015 26 Avenue SW, Calgary

    4015 26 Avenue SW Glenbrook Calgary T3E 0P1
    Main Photo: 4015 26 Avenue SW, Calgary

    4015 26 Avenue SW Calgary T3E 0P1 Glenbrook

    $1,649,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2165740
    Build. Type:
    Free-Standing
    Time to invest in this conveniently located Glenbrook Multi-Family Property! Well maintained, 6 unit building offering an ideal investment opportunity. Comprised of 4 x 2 Bedroom and 2 x 1 Bedroom units, a maintenance room, laundry area and 6 space garage. There are 3 additional parking stalls adjacent to the garage; being on the corner provides ample tenant and/or visitor parking. There is a coin-a-matic laundry, adding to monthly revenue. This corner lot is 90' x 110' (9,324 sq ft) and currently zoned M-C1. Steps to parks, sports courts, schools and transit. Walking distance to restaurants, pharmacies and other amenities. Minutes to Mount Royal University, Westhills, all the amenities of 17th Ave W and the Downtown Core. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS

  • 1030 13 Avenue SW, Calgary

    1030 13 Avenue SW Beltline Calgary T2R 0L6
    Main Photo: 1030 13 Avenue SW, Calgary

    1030 13 Avenue SW Calgary T2R 0L6 Beltline

    $2,250,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2166006
    Build. Type:
    Free-Standing
    Excellent opportunity to invest in this 10 units free standing building located in the prime district of Beltline. Property has been professionally managed, well maintained & upkept throughout the years. Consisting: 4 x 2 bedrooms ( approx. 705 SF) & 6 x 1 bedroom (approx. 511 SF). There are 10 parking stalls at the back of the building & a coin-matic laundry adding monthly income. Storage Room has 10 individual lockers for each tenant. Recent improvements are : Fresh paint on the exterior & common area of the building & Repaving of the parking lots at the back. Hot Water tank was replaced Oct 2021. Fantastic location. Walking distance to the Downtown core, steps from all the amenities: Shopping, Parks, Schools, Daycare, C-Train station, Trendy 17th Avenue for entertainments & restaurants. Great Holding/ Income property - zoned CC-MH (Centre City Multi-Residential High Rise District). Excellent future potential! Perfect time to invest with interest rate coming down. Do not miss this opportunity!! Viewing is subject to accepted offer. More details
    Listed by Stonemere Real Estate Solutions
    LISTING DETAILS
13-24/28
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Data was last updated October 9, 2024 at 06:05 PM (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.

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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.