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Calgary Multifamily Residential

Having between 2 to 4 units, residential multifamily properties are a worthwhile investment with numerous advantages. First, these properties are easier to maintain as they have fewer units, and therefore have smaller maintenance fees. Residential properties are also generally easier to acquire as the due diligence process is relatively simple and requires less formalized steps as compared to a commercial acquisition. Check out all the residential multifamily opportunities below and take advantage today.

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  • 617 69 Avenue SW, Calgary

    617 69 Avenue SW Kingsland Calgary T2V 0P1
    Main Photo: 617 69 Avenue SW, Calgary

    617 69 Avenue SW Calgary T2V 0P1 Kingsland

    $840,000
    Residential
    Status:
    Active
    MLS® Num:
    A2303221
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    2,019 sq. ft.
    Full side-by-side duplex on one title, situated on a 51’ x 117’ MC-1 zoned lot in the community of Kingsland. Each unit offers approximately 1,000 sq. ft. above grade plus 960 sq. ft. below, providing excellent flexibility and future potential. The lower levels are not currently suited. Each unit features a functional layout with a kitchen, living room, 2 bedrooms, and 1 full bathroom on the main floor, plus 2 additional bedrooms and 1 full bathroom in the lower level. Unit 617 is vacant and easy to show, while Unit 619 is tenant occupied until the end of April and offers a similar layout. With vacant possession available, this property presents multiple opportunities, whether as a revenue property, renovation project, or future redevelopment opportunity. Conveniently located near Chinook Centre, public transit, schools, major transportation routes, and just minutes from downtown Calgary. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 8518 & 8520 33 Avenue NW, Calgary

    8518 & 8520 33 Avenue NW Bowness Calgary T3B 1M1
    Main Photo: 8518 & 8520 33 Avenue NW, Calgary

    8518 & 8520 33 Avenue NW Calgary T3B 1M1 Bowness

    $1,600,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2303226
    Floor Area:
    1,882 sq. ft.
    An exceptional investment opportunity in the heart of Bowness, one of Calgary’s most desirable and evolving inner-city communities. This newly built full duplex property is purposefully designed as a turnkey income-generating asset, featuring two bedroom basement legal suites and two highly rentable upper units. The upper level units offer a well-designed, light-filled layout with modern finishes that appeal to quality tenants. Featuring two bedrooms, a full bathroom, and a powder room, along with a contemporary kitchen equipped with premium appliances, this space delivers both functionality and strong rental appeal. The self-contained two-bedroom legal basement suites include private entrances, high ceilings, fireplaces, and its own outdoor patio—features that are rarely found in comparable properties and significantly enhance tenant demand and rental value. The thoughtful design and separation between units support consistent occupancy and ease of management. Additional highlights include two detached double garages, providing added rental flexibility and potential for increased income. The property's low-maintenance, new construction offers peace of mind with minimal capital expenditure in the near term. Strategically located with quick access to downtown Calgary, major transit routes, parks, and recreational amenities, this property benefits from strong rental demand driven by both lifestyle and convenience. Proximity to Canada Olympic Park and the Bow River pathway system further enhances its long-term desirability. Ideal for investors seeking stable cash flow, future appreciation, and a high-quality asset in a growing community. This is a rare opportunity to secure a modern, income-producing property in a prime location. More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 5801/5803 Dalgleish Road NW, Calgary

    5801/5803 Dalgleish Road NW Dalhousie Calgary T3A 1K4
    Main Photo: 5801/5803 Dalgleish Road NW, Calgary

    5801/5803 Dalgleish Road NW Calgary T3A 1K4 Dalhousie

    $1,395,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2297940
    Floor Area:
    2,170 sq. ft.
    Welcome to this well-maintained, income-generating full duplex with separate titles and legal basement suites with large windows, in highly walkable Dalhousie location, backing directly onto green space/park with no rear neighbours. NO CONDO FEES. Close to LRT/Transit, schools, park/playground, shopping, restaurants and other amenities. Each duplex contains 2 bedrooms upstairs, 1 downstairs, full bathroom on each floor, wood burning fireplace, front deck over garage off main bedroom, and back balcony. Approximately 1085 sq ft upstairs, 675 sq ft downstairs, single attached garage, driveway parking for 2+ cars per side. 5803 could be well suited for use as an owner’s suite boasting many upgrades throughout such as; hardwood and engineered hardwood flooring, spa tub (up), walk in spa shower (down), heated bathroom and kitchen floor (up), custom closet (up), kitchen upgrades including island/wine rack/stainless appliances, custom window coverings with Hunter Douglas shutters (down). More details
    Listed by ComFree
    LISTING DETAILS

  • 6333/6335 24th Avenue NE, Calgary

    6333/6335 24th Avenue NE Pineridge Calgary T1Y 2C5
    Main Photo: 6333/6335 24th Avenue NE, Calgary

    6333/6335 24th Avenue NE Calgary T1Y 2C5 Pineridge

    $880,000
    Residential
    Status:
    Active
    MLS® Num:
    A2301962
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,139 sq. ft.
    Here is the TURN-KEY INVESTMENT you’ve been looking for in Pineridge! Featuring PROVEN CASH FLOW and a great long-term tenant already in place, with each side being 1,100 sq. ft. this full side-by-side duplex offers a stable and secure addition to your portfolio. The open-concept main floor is flooded with natural light from massive windows, creating a bright and inviting space for the kitchen, dining, and living areas. This home has been well-maintained and upgraded over the years, including 6333 brand new windows installed in 2025, 6335 Windows installed in 2024 ensuring energy efficiency and peace of mind for years to come. With 3 generous bedrooms on the lower level and two full bathrooms in each unit, this layout is highly functional and has massive tenant appeal. The exterior features a private fenced yard with a back deck, perfect for a BBQ and outdoor relaxation. Situated on a spacious corner lot, this property is in a truly great location, just steps away from schools, shopping, and transit. It is everything a long-term tenant would want, which means a stable and secure investment for you. The seller is giving you the flexibility to buy it as a full duplex or purchase one side to start your first stable investment! ***CHECK OUT THE VIRTUAL TOUR of the 6333 side. More details
    Listed by eXp Realty
    LISTING DETAILS

  • 7717 & 7719 41 Avenue NW, Calgary

    7717 & 7719 41 Avenue NW Bowness Calgary T3B 1X7
    Main Photo: 7717 & 7719 41 Avenue NW, Calgary

    7717 & 7719 41 Avenue NW Calgary T3B 1X7 Bowness

    $1,274,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2301698
    Floor Area:
    2,749 sq. ft.
    Bowness owner-occupied 4-Plex on a wide lot facing the greenspace! A true 4 plex, built originally in this format. Two 3 bedroom units and two 2 bedrooms units. All units have private entrances, dedicated mechanical systems, & private laundry rooms. Meticulously maintained and updated, owner occupied building, with nearly everything replaced in the last 2 years. Huge pride of ownership throughout, with well selected tenants & all 4 units renovated. Including; interior & exterior paint, new roof, fascia, gutters, new fence & gates, new 12x12 outdoor shed, balconies & deck boards. Complete interior renovations from baseboards to light fixtures to curtains and window coverings! New toilets, tubs, sinks, cabinets, countertops & much more! Mechanical systems, appliances, and electrical has also been replaced! New sod & loam in the yard space. Truly a rare commodity in the multi-family building space to find a property loving cared for to the level of detail that this property has. Currently fully rented with one unit occupied by the owner. Currently earning $66,000/year with one unit owner occupied! A turn-key rock solid investment property perfect for anyone's portfolio. More details
    Listed by RE/MAX Complete Realty
    LISTING DETAILS

  • 111 26 Avenue NE, Calgary

    111 26 Avenue NE Tuxedo Park Calgary T2E 1Y7
    Main Photo: 111 26 Avenue NE, Calgary

    111 26 Avenue NE Calgary T2E 1Y7 Tuxedo Park

    $3,000,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2301580
    Floor Area:
    5,460 sq. ft.
    An exceptional opportunity to elevate your real estate portfolio with this architecturally refined, purpose-built fourplex, ideally located in the heart of Tuxedo Park—one of Calgary’s most desirable inner-city communities. Each of the four main residences is a thoughtfully designed two-storey home, featuring three spacious bedrooms on the upper level, open-concept main living areas, and a private detached garage. The lower-level suites offer one bedroom, a full kitchen, in-suite laundry, and separate private entrances—perfect for generating strong rental income or accommodating multi-generational living. Constructed with quality and longevity in mind, this property showcases premium modern finishes throughout, including quartz countertops, luxury vinyl plank flooring, designer ceramic tile, and stainless steel appliances. Each unit is fully self-contained with its own mechanical systems and laundry, ensuring complete independence and ease of management—featuring a total of eight furnaces, eight hot water tanks, eight laundry setups, and separate gas and water meters. Ideally situated just minutes from Downtown Calgary, the property offers convenient access to major roadways, public transit, parks, schools, and everyday amenities—making it highly attractive to both tenants and investors. Additionally, the property qualifies for the Canada Mortgage and Housing Corporation (CMHC) multi-unit financing program, providing investors with a compelling, low-risk entry into Calgary’s thriving rental market. Don’t miss this rare opportunity to own one of Calgary’s most visually striking and intelligently designed multi-family investments. More details
    Listed by Creekside Realty
    LISTING DETAILS

  • 8112 & 8114 Bowness Road NW, Calgary

    8112 & 8114 Bowness Road NW Bowness Calgary T3B 0H6
    Main Photo: 8112 & 8114 Bowness Road NW, Calgary

    8112 & 8114 Bowness Road NW Calgary T3B 0H6 Bowness

    $1,799,800
    Residential
    Status:
    Active
    MLS® Num:
    A2301410
    Bedrooms:
    10
    Bathrooms:
    8
    Floor Area:
    3,987 sq. ft.
    Calling all Investors! Looking for a brand new SXS Duplex with legal basement suites with TWO titles? This is the investment for you! Unit 8114 to be sold together with attached 8112 to provide an excellent cash flowing opportunity with the convenience of having all construction materials and components still under New Home Warranty. Both 8114 and 8112 are rented on long term leases with tenants who would prefer to stay. Check out the individual listings for all the details MLS#A2301031 and A2292661 More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 1302 11 Avenue SE, Calgary

    1302 11 Avenue SE Inglewood Calgary T2G 0Z5
    Main Photo: 1302 11 Avenue SE, Calgary

    1302 11 Avenue SE Calgary T2G 0Z5 Inglewood

    $1,050,000
    Residential
    Status:
    Active
    MLS® Num:
    A2295225
    Bedrooms:
    7
    Bathrooms:
    3
    Floor Area:
    1,771 sq. ft.
    Prime Redevelopment Opportunity in Inglewood! Positioned on a highly visible corner lot at 1302 11 Avenue SE, this full side-by-side duplex offers exceptional potential for builders and developers looking to secure a premium inner-city site just minutes from downtown Calgary. With mixed-use zoning and city skyline views, the possibilities here are extensive...redevelop, reimagine, or hold as a revenue property while planning your next project. The existing duplex provides solid holding income with two spacious units. Side A includes a functional main floor layout with living room, kitchen with dining area, two bedrooms, and a full bath, plus a developed basement with rec room, 3-piece bath, laundry, and storage. Side B features three bedrooms and a full bath upstairs, along with a fully developed basement offering a large rec room with bar, fourth bedroom, 3-piece bath, and laundry. Side B requires a renovation. A detached tandem double garage Located in one of Calgary’s most sought-after inner-city communities, this property is surrounded by ongoing development and revitalization. Enjoy close proximity to the Bow River pathways, Inglewood’s vibrant shops and restaurants, transit, and immediate access to the downtown core. An ideal opportunity for builders looking for a well-located site with flexible zoning and strong future upside. More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 2136 22 Avenue SW, Calgary

    2136 22 Avenue SW Richmond Calgary T2T 0S5
    Main Photo: 2136 22 Avenue SW, Calgary

    2136 22 Avenue SW Calgary T2T 0S5 Richmond

    $2,650,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2298287
    Floor Area:
    4,708 sq. ft.
    Situated in the highly sought-after inner-city community of Richmond, this brand new purpose-built triplex offers a rare opportunity to acquire a fully legal 6-unit income property in one of Calgary’s most consistently performing rental markets. Scheduled for completion in October 2026, this investment has been thoughtfully designed to deliver strong, long-term cash flow while appealing to a wide range of tenants. The property features three above-grade units, each paired with a legal basement suite, creating six fully self-contained residences. Every unit includes a private entrance, full kitchen, in-suite laundry, and functional, well-designed layouts that support comfortable everyday living. This configuration allows for diversified rental income and reduced vacancy risk, making it an ideal asset for investors focused on stability and scalability. Built with long-term performance in mind, the project incorporates enhanced soundproofing between units, independent mechanical systems, and durable exterior finishes including stucco, vinyl siding, and Hardie board. These features not only improve tenant satisfaction but also contribute to lower maintenance requirements over time. Outdoor spaces are intentionally designed to elevate the tenant experience, with private patios for upper units and sunken walk-up access for basement suites, creating bright and accessible lower-level living. Detached garages provide dedicated parking for upper units, a highly desirable feature in the inner city. Located just minutes from downtown Calgary, Richmond continues to see strong rental demand driven by its proximity to major employment hubs, transit routes, schools, and everyday amenities. This central location supports consistent occupancy and positions the property for long-term appreciation. For investors looking to secure a turnkey multi-family asset in a proven inner-city location, this six-unit property presents a compelling opportunity to build scale, generate reliable income, and capitalize on Calgary’s growing rental market. More details
    Listed by Real Broker
    LISTING DETAILS

  • 206 23 Avenue NE, Calgary

    206 23 Avenue NE Tuxedo Park Calgary T2E 1V7
    Main Photo: 206 23 Avenue NE, Calgary

    206 23 Avenue NE Calgary T2E 1V7 Tuxedo Park

    $3,000,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2299052
    Floor Area:
    5,995 sq. ft.
    Exceptional Investment Opportunity in Tuxedo Park – Brand-New, High-Yield 4-Plex An extraordinary opportunity to elevate your real estate portfolio with this architecturally stunning 4-plex, perfectly situated in the heart of Tuxedo Park—one of Calgary’s most sought-after inner-city communities. Renowned for its central location, strong rental demand, and vibrant urban character, Tuxedo Park is the ideal setting for this purpose-built, income-generating asset. This newly constructed property features four meticulously designed townhomes, each offering 3 spacious bedrooms. Complementing each unit are fully legal 2-bedroom basement suites—bringing the total to eight separate rental units, each with its own private entrance. This rare configuration offers exceptional income potential and operational flexibility. From the moment you arrive, the curb appeal is undeniable. The exterior showcases timeless architecture with a modern edge—clean lines, premium materials, and an elegant, cohesive colour palette create a boutique aesthetic rarely found in multi-family developments. Professional landscaping, contemporary lighting, and a unified facade further elevate the property's distinguished presence. Inside, each suite is thoughtfully finished with high-end, low-maintenance materials selected for both style and durability. Quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and oversized energy-efficient windows ensure lasting appeal to quality tenants while keeping operating costs low. Strategically located just minutes from downtown Calgary, with quick access to major roadways, public transit, parks, schools, and amenities, this property offers convenience for tenants and exceptional returns for investors. Eligible for CMHC Select Financing, this is a rare chance to secure a turnkey, high-performance asset in a high-demand rental market. Don’t miss your opportunity to own one of Calgary’s most visually striking and intelligently designed multi-family investments. Contact us today for full details or to arrange a private tour. Please note: Photos are AI generated. More details
    Listed by Royal LePage METRO
    LISTING DETAILS

  • 413 - 415 54 Avenue SW, Calgary

    413 - 415 54 Avenue SW Windsor Park Calgary T2V 0C6
    Main Photo: 413 - 415 54 Avenue SW, Calgary

    413 - 415 54 Avenue SW Calgary T2V 0C6 Windsor Park

    $1,300,000
    Residential
    Status:
    Active
    MLS® Num:
    A2298748
    Bedrooms:
    9
    Bathrooms:
    4
    Floor Area:
    2,070 sq. ft.
    Exceptional investment opportunity. This side-by-side duplex features four self-contained units, including three legal suites and one illegal suite. The property offers two main floor 2-bedroom units and two 2-bedroom basement units, all with separate entrances. All units have been updated, featuring modern kitchens, flooring, fixtures, and in-suite laundry in each unit. The layouts are bright and functional, with spacious living areas, full bathrooms, and well-sized bedrooms that appeal to both tenants and owner-occupiers. Rear off-street parking adds convenience. Ideally located near Chinook Centre, Macleod Trail, the C-Train, transit, schools, and major amenities—supporting strong rental demand and long-term value. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS

  • 10 & 12 Silver Springs Drive NW, Calgary

    10 & 12 Silver Springs Drive NW Silver Springs Calgary T3B 2X8
    Main Photo: 10 & 12 Silver Springs Drive NW, Calgary

    10 & 12 Silver Springs Drive NW Calgary T3B 2X8 Silver Springs

    $1,325,000
    Residential
    Status:
    Active
    MLS® Num:
    A2297383
    Bedrooms:
    12
    Bathrooms:
    8
    Floor Area:
    2,304 sq. ft.
    FULLY UPDATED! 12 BED 8 BATH! GREAT LOCATION! This fully modernized full duplex with 2 LEGAL basement suites is an incredible investment opportunity. Located across the street from shopping, steps to main transit routes, and with easy access to Crowchild and Stoney, this property is very attractive for potential tenants. Currently fully rented at $7800/mo + utilities. Main floors have been opened up with structural beams to maximize space and value for tenants. All new kitchens and vanities feature quartz counters, with dual tone cabinets. Huge primary bedrooms on the main levels feature large walk-in closets and ensuite 3-piece bathrooms. Basements are nearly identical to the main levels with tons of natural light from new windows. Updates include: New full replacement copper 200A service, LVP throughout for maximum wear and tear resistance, full plumbing replacement, all windows, stainless steel appliances, private laundry stacks for all units, new furnace for #12A, HRV systems, basement baseboard heating, flush-mount lighting, light fixtures, tubs and showers with high durability faux marble. Nearly renovated to the studs. Backyards are spacious, with two single detached garages and parking pads for 4 more vehicles off the alley. Huge value, with room for further value adds on exterior. Book your showings today. More details
    Listed by CIR Realty
    LISTING DETAILS
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Data was last updated April 22, 2026 at 08:05 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. While the acquisition process for residential multifamily properties may be simpler, there are still quite a few factors to consider in the investment process. Please don’t hesitate to contact us today for advice or more information on listings that caught your eye.

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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.