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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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  • 7116 & 7114 Hunterville Road NW, Calgary

    7116 & 7114 Hunterville Road NW Huntington Hills Calgary T2K 4J8
    Main Photo: 7116 & 7114 Hunterville Road NW, Calgary

    7116 & 7114 Hunterville Road NW Calgary T2K 4J8 Huntington Hills

    $859,958
    Residential
    Status:
    Active
    MLS® Num:
    A2166144
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    2,001 sq. ft.
    7114 & 7116 Hunterville Road NW – Fantastic Location! | Excellent Investment Property | Side By Side Duplex Is Located Perfectly In Huntington Hills On A 64 FT x 110 FT Lot | Just Minutes To Superstore, Playgrounds, Pool, & Transit! Steps to Huntington Hills School, John G. Diefenbaker High School, Sir John A. Macdonald School, St. Helena School, St Henry Elementary School | R-C2 Zoned More details
    Listed by Real Broker
    LISTING DETAILS

  • 1716 29 Avenue SW, Calgary

    1716 29 Avenue SW South Calgary Calgary T2T 1M7
    Main Photo: 1716 29 Avenue SW, Calgary

    1716 29 Avenue SW Calgary T2T 1M7 South Calgary

    $1,200,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2164283
    Floor Area:
    2,715 sq. ft.
    Welcome to this incredible 4-unit property in the heart of vibrant Marda Loop! Each unit is thoughtfully designed, offering comfort and convenience. With a shared common washer/dryer area and a massive backyard, there’s plenty of space for tenants to enjoy. A rare find, the property also boasts a triple detached garage, providing ample parking or storage options. Whether you're an investor seeking consistent rental income or someone looking to live in one unit and rent out the others, this property is an ideal solution. Positioned in one of Calgary’s most desirable neighborhoods, close to trendy shops, cafes, and parks, this 4-plex is the perfect blend of urban living and smart investing. Don’t miss out on this unique opportunity! Call now for your private showing! More details
    Listed by CIR Realty
    LISTING DETAILS

  • 1711 36 Street SE, Calgary

    1711 36 Street SE Albert Park/Radisson Heights Calgary T2A 1C7
    Main Photo: 1711 36 Street SE, Calgary

    1711 36 Street SE Calgary T2A 1C7 Albert Park/Radisson Heights

    $949,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2166290
    Floor Area:
    1,982 sq. ft.
    Legal 4 plex ! This property has a huge upside potential with rents well below market. This property is configured with 2 units up and 2 units down. All units are close to 1000 square feet with 3 bedrooms, full bathroom and insuite laundry. All units have large kitchens and good sized Livingroom's. The upper 2 units have balconies and the lower units have large windows for plenty of natural light. You have 4 off street parking and a nice flat yard. Some upgrades include siding some hot water tanks, furnace and some newer appliances. More details
    Listed by RE/MAX Complete Realty
    LISTING DETAILS

  • 3105 A & B, 3107 A & B 38 Street SW, Calgary

    3105 A & B, 3107 A & B 38 Street SW Glenbrook Calgary T3E 3G4
    Main Photo: 3105 A & B, 3107 A & B 38 Street SW, Calgary

    3105 A & B, 3107 A & B 38 Street SW Calgary T3E 3G4 Glenbrook

    $1,200,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2164549
    Floor Area:
    1,885 sq. ft.
    FULLY RENOVATED LEGAL 4 PLEX IN PRIME INNER-CITY LOCATION WITH EASY ACCESS TO ALL AMENITIES | Welcome to an incredible investment opportunity located in the highly sought-after neighbourhood of Glenbrook, one of Calgary's most desirable communities in the southwest. This well-maintained legal fourplex is perfectly situated on a quiet, tree-lined residential street, offering a peaceful atmosphere while maintaining exceptional convenience. With proximity to public transit options, it provides an easy and quick commute to Calgary’s vibrant downtown core, making it an ideal location for both tenants and owners alike. This property is surrounded by a wealth of amenities, including grocery stores, shopping centers, dining options, recreational facilities, and lush parks. Glenbrook's community parks and green spaces are perfect for families and outdoor enthusiasts. Nearby schools, from elementary to high school, provide excellent education options for families, while major roadways such as Crowchild Trail and Sarcee Trail allow for fast and easy connectivity to all parts of the city, making daily commutes and weekend getaways a breeze. The fourplex itself boasts four well-designed legal suites, each featuring a spacious, open-concept floor plan, ideal for modern living. Each of the 4 units with 2 generously sized bedrooms, these units offer both comfort and functionality. Private front and side entrances provide added privacy and independence for tenants. In-suite laundry facilities, including washers and dryers, add further convenience, enhancing the appeal of each unit for renters. The mechanical rooms in each legal suite house separate furnaces and individual hot water tanks, ensuring efficient heating and energy usage tailored to each tenant’s needs. The property offers ample parking with a double garage + 2 additional designated parking stalls located at the rear of the building, making it easy for tenants to park without hassle. Positive cash flow makes the property an excellent income-generating investment with room for growth in rental rates. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer seeking a stable income property, this fourplex in Glenbrook offers an unbeatable combination of location, convenience, and rental potential. With increasing demand for inner-city living, this property presents a low-risk investment with promising returns. Don't miss out on this rare opportunity! Discover everything this exceptional property has to offer and take the next step in securing a solid investment in Calgary’s thriving real estate market. More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 339 & 341 Hendon Drive NW, Calgary

    339 & 341 Hendon Drive NW Highwood Calgary T2K 1Z6
    Main Photo: 339 & 341 Hendon Drive NW, Calgary

    339 & 341 Hendon Drive NW Calgary T2K 1Z6 Highwood

    $2,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2165690
    Floor Area:
    3,692 sq. ft.
    OPEN HOUSE SATURDAY SEPT. 14th 1:00-3:00pm. In a city that is low on housing and rentals this is an incredible opportunity to purchase a move in ready property that has 4 separate legal suites. Proudly designed and built by Vicon Homes LTD, a highly respected Alberta New Home Warranty certified builder, many hours went into creating the perfect design and layout. Located on a pretty tree-lined street with easy access to downtown, SAIT and the University of Calgary, there is also easy access out of the city. There is James Hardie siding and stone on the exterior with 25 year IKO Cambridge architectural asphalt shingles. As you enter the homes you will appreciate the conveniently located home offices. The main floors have an open concept with large living rooms, with fireplaces, dining areas and pretty kitchens with quartz counters, gas stoves, (with air fryer option), and spacious pantries. Upstairs have central bonus rooms and laundry rooms. The primary suites feature walk-in closets and 5 piece ensuites. These levels have two more generous bedrooms, and they could easily accommodate large families . This part of the property has two detached double garages plus street parking. The legal suites, with their own off-street parking spaces, are every bit as beautiful as the main floors. Separate side entrances give the tenants privacy when coming and going. There are two bedrooms in each legal suite, one with an ensuite and there are second full bathrooms. The layout in the legal suites was designed to accommodate at least two people in each and the bedrooms and bathrooms are on opposite sides of the units. The kitchens have stainless appliances, quarts counters and islands with breakfast bars. There are laundry rooms and open concept living rooms. Both the main floors and the legal suites have luxury vinyl plank flooring, and the main floors have air conditioning. These homes are fenced, landscaped and ready for immediate possession. Photos are from 339 Hendon Drive as it is staged, however, the two homes are the same just a mirror image of each other. The quality of this beautiful build must be viewed and appreciated in person. More details
    Listed by RE/MAX Realty Professionals
    LISTING DETAILS

  • 4903 20 Avenue NW, Calgary

    4903 20 Avenue NW Montgomery Calgary T3B 0V4
    Main Photo: 4903 20 Avenue NW, Calgary

    4903 20 Avenue NW Calgary T3B 0V4 Montgomery

    $3,200,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2165703
    Floor Area:
    5,269 sq. ft.
    Introducing a Brand New 4plex in the vibrant neighbourhood of Montgomery, featuring Legal Suites. Each unit showcases an open concept design that seamlessly integrates the living room, dining area, and kitchen on the main floor, creating a spacious and inviting atmosphere. The upper level is thoughtfully arranged with three bedrooms, including a luxurious master suite, 2.5 bathrooms, and a convenient laundry area. The fully finished basement in each unit includes a legal suite with a private bedroom, bathroom, separate laundry, and furnace, ensuring optimal privacy and comfort for tenants. This exceptional property is just minutes from the serene Bowness Park, Market Mall, the University of Calgary, Ambrose University, SAIT, the Children's Hospital, and the Foothills Hospital. Its strategic location underscores the unparalleled appeal of this investment. This turnkey property is a rare find, presenting a unique opportunity to invest in brand-new construction designed to attract premium rental returns. Moreover, the potential to leverage the CMHC Select Financing program offers an enticing avenue to finance your investment under highly favourable terms, significantly enhancing the financial viability of this venture. More details
    Listed by Royal LePage METRO
    LISTING DETAILS

  • 2629 and 2631 25 Avenue SW, Calgary

    2629 and 2631 25 Avenue SW Killarney/Glengarry Calgary T3E 1Z3
    Main Photo: 2629 and 2631 25 Avenue SW, Calgary

    2629 and 2631 25 Avenue SW Calgary T3E 1Z3 Killarney/Glengarry

    $1,099,900
    Residential
    Status:
    Active
    MLS® Num:
    A2164971
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,775 sq. ft.
    ATTN: INVESTORS & DEVELOPERS! Discover this exceptional 50-ft x 125-ft CORNER LOT in the highly sought-after KILLARNEY neighbourhood! This sale includes both sides of a semi-detached home, offering an incredible chance for full redevelopment or upgrading of the existing property with the potential for 4x legal or illegal rental suites (pending city permits and approvals). PRIME LOCATION: Killarney is perfect for families, with two schools within the community and several nearby parks, playgrounds, and fields. It’s also ideal for working professionals seeking a quick commute to downtown and access to all essential amenities. PROPERTY FEATURES: The current property offers a three-bed + den on one side and a two-bed + large storage room on the lower level of the other side. Both units enjoy kitchens that overlook a spacious backyard, along with generously sized living areas. The corner lot offers an abundance of outdoor space for tenants to enjoy, and with a paved alley right off 25 Ave, convenience is key! NEIGHBOURHOOD PERKS: Killarney blends the charm of a suburban feel with the benefits of an inner-city neighbourhood. It’s a community people fall in love with, boasting a mix of mature trees, modern infills, and a vibrant community association that offers a garden and various classes and activities. You’ll find shopping, restaurants, pubs, and recreational facilities just minutes away, with Westbrook Mall a quick 3-minute drive and downtown easily accessible via Bow Trail or the Westbrook LRT. The area is especially popular with young families and offers both public and separate schools. Mount Royal University is also located just to the south, adding to the appeal for potential tenants or homeowners. This is a rare investment opportunity with a desirable lot, prime location, and endless potential for redevelopment or renovation. Don’t miss out! More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 6043 8 Avenue SE, Calgary

    6043 8 Avenue SE Penbrooke Meadows Calgary T2A 0B3
    Main Photo: 6043 8 Avenue SE, Calgary

    6043 8 Avenue SE Calgary T2A 0B3 Penbrooke Meadows

    $750,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2164931
    Floor Area:
    1,944 sq. ft.
    Attention investors!! BOTH SIDES of the duplex for sale under 1 title. Total of 4 rentable units to generate some positive cash flow. Walk out for basement suites on both sides. 3 bedrooms up and 2 bedrooms down with 2 full baths with shared laundry on each side. Close proximity to all amenities including schools, transit, shopping, recreation centers and restaurants. 15 minutes drive to downtown. Move in ready!! Vacant and easy to show. Call your favorite realtor today! More details
    Listed by CIR Realty
    LISTING DETAILS

  • 7108 Hunterville Road NW, Calgary

    7108 Hunterville Road NW Huntington Hills Calgary T2K 4J8
    Main Photo: 7108 Hunterville Road NW, Calgary

    7108 Hunterville Road NW Calgary T2K 4J8 Huntington Hills

    $858,000
    Residential
    Status:
    Active
    MLS® Num:
    A2143294
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    2,001 sq. ft.
    7106 & 7108 Hunterville Road NW – Fantastic Location! | Excellent Investment Property | Side By Side Duplex Is Located Perfectly In Huntington Hills On A 64 FT x 110 FT Lot | Just Minutes To Superstore, Playgrounds, Pool, & Transit! | Steps to Huntington Hills School, John G. Diefenbaker High School, Sir John A. Macdonald School, St. Helena School, St Henry Elementary School | R-C2 Zoned More details
    Listed by Real Broker
    LISTING DETAILS

  • 2302 16A Street SW, Calgary

    2302 16A Street SW Bankview Calgary T2T 0N2
    Main Photo: 2302 16A Street SW, Calgary

    2302 16A Street SW Calgary T2T 0N2 Bankview

    $1,078,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2164279
    Floor Area:
    1,881 sq. ft.
    Attention Investors! Recent SIX FIGURE RENOVATION: rebuilt decks, new railing, fencing, full exterior paint job, fresh landscaping, and a brand-new hot water tank. These improvements, combined with a roof replacement approximately 8 years ago, all copper wiring, and furnace-forced air heating, make this building a low-maintenance and reliable investment. The building comprises 5 units, with 4 fully compliant with city regulations, including: A top-floor 2-bedroom unit, A 1-bedroom unit and bachelor unit on the main floor, Two rear walk-out 1-bedroom units. Monthly Gross Income of $7,555.00. Located adjacent to Buckmaster Park and within walking distance of Calgary's vibrant Beltline entertainment and arts district. All tenants have been carefully vetted in the past year, with signed leases where utilities are paid by the tenants—ensuring a steady and hassle-free cash flow. This property offers flexibility—generate rental income now while exploring potential development opportunities. Fully rented and meticulously maintained 4-plex in the highly desirable Bankview area offers an exceptional opportunity to expand your real estate portfolio. Documentation Available: Compliant RPR, electrical inspections, proforma, floor plan, and 3D tour, is ready for review. More details
    Listed by Real Broker
    LISTING DETAILS

  • 2034 and 2036 28 Street SW, Calgary

    2034 and 2036 28 Street SW Killarney/Glengarry Calgary T3E 2H4
    Main Photo: 2034 and 2036 28 Street SW, Calgary

    2034 and 2036 28 Street SW Calgary T3E 2H4 Killarney/Glengarry

    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2163047
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,946 sq. ft.
    Illegally suited full duplex with 4 self-contained units on an oversized 50 X 125 lot with 3753.9 SQFT of living space and 4 car garage! Investors will love that both sides of this illegally suited duplex are included in the sale – that’s 4 self-contained rental opportunities! Ideally located just 3 blocks to the Killarney Aquatic & Recreation Centre. Parking is never an issue thanks to 2 OVERSIZED double detached garages with parking for 4 vehicles plus plenty of extra parking on the street. All 4 units are well-maintained, 2 bedrooms, 1 bathroom with wood-burning fireplaces, separate entrances and their own separate laundry areas and own kitchens for ultimate privacy! The main floor units have expansive balconies overlooking the community and front yards with mature landscaping. The basement units have access to the large backyard with a patio area for summer barbeques and time spent unwinding. Exceptionally located in the much sought-after community of Killarney/Glengarry, ideal for any active lifestyle with trendy shops and restaurants, an easy bike ride to the Bow River and downtown, walking distance to schools, parks, the Killarney Aquatic Centre, the LRT and so much more. The location alone makes this wonderful 4 unit home an outstanding investment opportunity! More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS

  • 2412 43 Street SE, Calgary

    2412 43 Street SE Forest Lawn Calgary T2B 1H7
    Main Photo: 2412 43 Street SE, Calgary

    2412 43 Street SE Calgary T2B 1H7 Forest Lawn

    $875,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2163308
    Floor Area:
    1,895 sq. ft.
    This is the investment opportunity you've been waiting for. Each side of the duplex measures almost 950 sq ft and have non-conforming suites downstairs. All the units are 2 bedroom and 1 4pc bathroom. Shared laundry downstairs on each side. Long term tenants 7 years to almost 30 years. rents are incredibly low and WELL UNDER market rates. Room to renovate suites and increase rents. 1 double garage and one single garage could be rented separately. Building has had significant updates over the last few years. Newer tar and gravel roof, newer HE furnaces and mid efficient HWTs. Tenants would love to stay but understand that they are not paying enough. 2410 (UP) is very well kept with a 30 year tenant and he also has the double garage. 2410 Downstairs is a 10 yr plus tenant but the unit needs to be emptied and updated. Current tenant there is a bit of hoarder. 2412 Upstairs is in decent condition, 7 year tenants with dogs and cats(could use a bit of a facelift) 2412 Basement has 9 year tenant and could definitely use a little bit of love. Build some equity through renovations and increase your cash flow, or live in one unit and rent the others. Lots of possibilities. Call your favourite Realtor to explore the options here. No showings without an accepted offer. More details
    Listed by RE/MAX Real Estate (Central)
    LISTING DETAILS
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Data was last updated September 18, 2024 at 10:05 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. 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.