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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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  • 6014 37 Street SW, Calgary

    6014 37 Street SW Lakeview Calgary T3E 5M7
    Main Photo: 6014 37 Street SW, Calgary

    6014 37 Street SW Calgary T3E 5M7 Lakeview

    $1,099,000
    Residential
    Status:
    Active
    MLS® Num:
    A2257448
    Bedrooms:
    6
    Bathrooms:
    5
    Floor Area:
    2,313 sq. ft.
    Rare opportunity in sought-after Lakeview! This full duplex, on one title, offers incredible versatility for homeowners and investors alike. With both sides included, mortgage qualification is simplified compared to purchasing two separately titled properties, making this an attractive option for multi-generational living, rental income, or long-term investment. Each side is a spacious two-storey home with a developed basement, offering three bedrooms up and 2.5 baths on one side, 1.5 on the other — ideal layouts for families and tenants alike. The property also features a massive 4-car garage, thoughtfully divided into single bays, providing excellent parking plus the opportunity for added rental income. Set on an oversized 18.9-metre-wide lot, the property offers future redevelopment potential, whether you envision modern infills or a custom multi-family project. Across the street, exciting new construction in Taza Park is transforming the community, enhancing long-term property values for Lakeview owners. Living in Lakeview means enjoying a true lifestyle location: Just steps to the Glenmore Reservoir with pathways, parks, and recreation at your doorstep. Quick access to Stoney Trail for an easy commute around the city. Minutes to Westhills shopping for retail, dining, and entertainment. Convenient access to downtown Calgary, combining suburban charm with urban connectivity. Whether you’re looking for a solid income property, a home with room for extended family, or land with exceptional redevelopment potential, this duplex in Lakeview is a rare find with endless possibilities. More details
    Listed by Comox Realty
    LISTING DETAILS

  • 70 Allandale Close SE, Calgary

    70 Allandale Close SE Acadia Calgary T2H 1V9
    Main Photo: 70 Allandale Close SE, Calgary

    70 Allandale Close SE Calgary T2H 1V9 Acadia

    $930,000
    Residential
    Status:
    Active
    MLS® Num:
    A2255934
    Bedrooms:
    7
    Bathrooms:
    4
    Floor Area:
    2,252 sq. ft.
    Both sides of a side-by-side duplex on a quiet, nicely-treed street in Acadia, close to parks and schools. This property offers many opportunities to develop, rent or move-in with a mortgage helper. With new city zoning, the surrounding area is now zoned R-CG for grade-oriented infills. Many building permits have been issued in the area and there are several new developments, like the Acadia Park Development around the corner, nearing completion. Two new infills with rental suites could be built or the existing structure could easily be renovated into 4 rental units. You could live in one side and rent out 1-3 suites which would surely pay your mortgage! Both sides have living rooms with wood-burning fireplaces, dining rooms with doors to the balconies, kitchens with new counters and backsplash, primary bedrooms with walk-in closets and new replacement windows. #72 has been set up as wheelchair accessible with an elevator to the balcony, a new wheelchair-accessible shower in the bathroom and expanded primary bedroom (2 bedrooms made into one) with door to bathroom. As wheelchair-accessible properties like this are rare, this is a very rentable feature and the tenants who currently live there would like to stay. The tenants on the other side, in #70, are happy to stay as well. #70 has three bedrooms and 4-piece bath up and one bedroom and 2-piece bath down. Updated eaves, gutters, soffits and fascia on the entire house. The yards are separately fenced in the back with a commonly shared 2-car parking pad and in the front, plenty of street parking. The lot is pie-shaped, with ~72 feet frontage and expanding to 95 feet at the back property line. This is a large lot with over 7800ft2 (725mm2) in total. Come have a look today! More details
    Listed by Royal LePage Solutions
    LISTING DETAILS

  • 3734 37 Street SW, Calgary

    3734 37 Street SW Rutland Park Calgary T3E 3C3
    Main Photo: 3734 37 Street SW, Calgary

    3734 37 Street SW Calgary T3E 3C3 Rutland Park

    $984,900
    Residential
    Status:
    Active
    MLS® Num:
    A2257410
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    2,085 sq. ft.
    Full bungalow-style duplex on one title located in Rutland Park (SW Calgary). Total RMS size is approximately 2,085 sqft above grade (about 1,042 sqft per unit), with an additional 1,787 sqft of developed basement area. Each unit includes 4 bedrooms (2 on the main level, 2 in the basement) and 2 full bathrooms (4-piece on the main, 3-piece in the basement), offering flexible configurations for multi-unit or multi family living. 3734 includes a main floor with front-facing living room (with wall mounted AC), kitchen, dining area, two bedrooms, full bathroom, and side entry. The basement features a recreation room, two additional bedrooms, a 3-piece bathroom, laundry room, and utility space. Interior upgrades have been made to the kitchen (including cabinetry, tile flooring, subway tile backsplash, and stainless appliances), main-level flooring (laminate), basement carpet, and both bathrooms. 3736 has a similar layout with a living room, kitchen, dining area, two bedrooms, full bathroom, and side entry on the main floor. The basement also includes a recreation room, two bedrooms, a 3-piece bathroom, laundry area, and utility room. This side remains in original condition and is well-suited for renovation or redevelopment. Both units have separate side entrances, providing a layout compatible with future secondary suite development (City approval required). The detached double garage is located beside 3736, with two 9' garage doors. The property sits on a 8,675 sqft lot with a west-facing backyard. Located within walking distance to Mount Royal University, schools, shopping, off-leash parks, and public transit. Convenient vehicle access to Glenmore Trail, Crowchild Trail, and Stoney Trail. Outstanding opportunity for investment for cash flow, owner-occupiers, or hold for redevelopment. More details
    Listed by RE/MAX Complete Realty
    LISTING DETAILS

  • 431 54 ave sw Avenue SW, Calgary

    431 54 ave sw Avenue SW Windsor Park Calgary T2V 0C6
    Main Photo: 431 54 ave sw Avenue SW, Calgary

    431 54 ave sw Avenue SW Calgary T2V 0C6 Windsor Park

    $2,999,999
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2256994
    Floor Area:
    5,400 sq. ft.
    tremendous opportunity to enhance your real estate portfolio with this show-stopping 4-plex in the windsor park—an established inner-city community known for its central location, strong rental demand, and vibrant neighborhood charm. This brand-new, purpose-built investment property features four beautifully designed townhomes, each with 3 bedrooms, paired with four fully legal 2-bedroom basement suites—eight rentable units in total, all with private entrances for maximum flexibility and income potential. From the moment you arrive, the striking curb appeal sets this property apart. The exterior design is a standout, showcasing timeless architecture with a modern twist—clean lines, premium materials, and a sophisticated color palette create a truly upscale, boutique feel. Thoughtful landscaping, stylish lighting, and a unified facade add to the classy, high-end aesthetic that’s rarely seen in multi-family builds. Inside, each unit is finished with contemporary, low-maintenance features designed to attract quality tenants and minimize operational costs. Quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and large energy-efficient windows bring together form and function with elegant ease. Ideally located just minutes from downtown Calgary and within easy reach of major roadways, transit, parks, schools, ROCKYVIEW hospital and CHINOOK shopping, this property offers unmatched convenience for tenants and exceptional cash flow potential for investors. CMHC Select Financing eligible, this is a rare opportunity to own a high-yield, turnkey asset with long-term appreciation in a prime location. Don’t miss your chance to invest in one of the most visually stunning and thoughtfully designed 4-plexes Calgary has to offer. 50x120 R-C2 LOT GREAT SCHOOL CATCHMENT: ELBOYA SCHOOL . A GREAT OPPORTUNITY FOR INVESTORS. More details
    Listed by MaxValue Realty Ltd.
    LISTING DETAILS

  • 1926/1928 32 Street SW, Calgary

    1926/1928 32 Street SW Killarney/Glengarry Calgary T3E 2R1
    Main Photo: 1926/1928 32 Street SW, Calgary

    1926/1928 32 Street SW Calgary T3E 2R1 Killarney/Glengarry

    $1,700,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2255248
    Floor Area:
    1,262 sq. ft.
    A rare opportunity to own the entire building in the highly sought-after community of Killarney. This 4-corner, 4-plex townhome condo's offers a proven track record of steady rental income with 0% vacancy, excellent tenants already in place and sits on a 50' x 120' lot on a quiet street in Killarney. Each of the four units is a fully self-contained, two-storey townhouse-style home with a developed basement, designed for privacy and functionality. The two front units offer approximately 1,720 sq.ft. of living space, while the two back units feature about 1,665 sq.ft. Layout highlights include: 2 bedrooms + full bath on the upper level, generous rec room (used as a 3rd bedroom) + 2nd full bath in the basement, in-suite laundry in every unit, separate outdoor patio space, parking pad for each unit, and separate utilities (all paid by tenants.) With its turnkey setup, reliable income, and desirable inner-city location, this property checks all the boxes for investors seeking cash flow, stability, and long-term growth potential. More details
    Listed by Real Broker
    LISTING DETAILS

  • 2833 / 2835 14 Avenue SE, Calgary

    2833 / 2835 14 Avenue SE Albert Park/Radisson Heights Calgary T2A 0J8
    Main Photo: 2833 / 2835 14 Avenue SE, Calgary

    2833 / 2835 14 Avenue SE Calgary T2A 0J8 Albert Park/Radisson Heights

    $825,000
    Residential
    Status:
    Active
    MLS® Num:
    A2253738
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    2,013 sq. ft.
    Here’s your opportunity to secure a full duplex with R-CG zoning on a 50’ x 120’ lot with a south-facing backyard in the desirable neighbourhood of Alberta Park/Radisson Heights! This property has been in the care of its original owners since it was built in the 1960s! There’s limitless potential here for a buy and hold investment, fix and flip, live up and rent down, live on one side and rent out the other, create legal suites in the basements (subject to City approval), a future development project, and multi-generational living. The main floors of both units are close to identical, each having over 1,000 sq ft, soaring vaulted ceilings, original hardwood flooring, 3 spacious bedrooms, one 4-piece bathroom, and a large living area with massive picture window that overlooks the generously sized balcony. The basements both have one 3-piece bathroom, a dedicated laundry/utility/storage area, huge windows throughout, but slightly differ in how the rest of the level is finished. Unit 2833’s lower-level features 2 more bedrooms, and a rec room, while 2835’s awaits your masterful design with a flex area and storage space. Additional features include a double detached garage, and two newer furnaces (2020). Situated in a quiet, family-friendly community, on a street that has seen significant re-development and revitalization, this duplex is ideally located near schools, public transit, and a variety of shopping options, making it a convenient choice for families and commuters alike. Take advantage of this incredible investment opportunity. Schedule your viewing today and imagine the possibilities! More details
    Listed by Real Broker
    LISTING DETAILS

  • 1215 Danloe Street NE, Calgary

    1215 Danloe Street NE Renfrew Calgary T2E 5E8
    Main Photo: 1215 Danloe Street NE, Calgary

    1215 Danloe Street NE Calgary T2E 5E8 Renfrew

    $2,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2253384
    Floor Area:
    3,343 sq. ft.
    Park-front investment in the community of Renfrew, set directly across from Saverio Park. This purpose-built new triplex offers three townhome-style residences, each paired with a legal secondary suite—six self-contained homes designed for durable, diversified rental income. Bright upper homes feature open layouts with quartz countertops, stainless steel appliances, and hard-wearing luxury vinyl plank. The legal suites include private entries, full kitchens, in-suite laundry, and energy-efficient windows for comfortable, independent living—ideal for long-term tenants. In a quiet, walkable inner-city pocket, you’re moments to Renfrew amenities, nearby Bridgeland dining, transit, the Bow River pathways, downtown, SAIT, the University of Calgary, and major hospitals. Built for low operating costs with high-efficiency HVAC and low-maintenance exteriors, this project is crafted for long-term performance. Potential CMHC MLI Select financing (buyer to verify) can further enhance cash flow. A rare blend of location, quality, and rental strength—connect for details. More details
    Listed by MaxWell Canyon Creek
    LISTING DETAILS

  • 7132 & 7130 35 Avenue NW, Calgary

    7132 & 7130 35 Avenue NW Bowness Calgary T3B 1S9
    Main Photo: 7132 & 7130 35 Avenue NW, Calgary

    7132 & 7130 35 Avenue NW Calgary T3B 1S9 Bowness

    $979,999
    Residential
    Status:
    Active
    MLS® Num:
    A2254325
    Bedrooms:
    7
    Bathrooms:
    4
    Floor Area:
    2,031 sq. ft.
    A truly rare find in the heart of Bowness—this well-maintained full duplex presents an exceptional opportunity for investors, multi-generational living, or future redevelopment. It’s uncommon to find both sides of a duplex available, complete with a double detached garage and a massive front porch that spans the entire width of the property. Situated on a 6,124 square foot lot, this property is tucked away on a quiet dead-end street right beside a playground, offering privacy and a family-friendly setting. Each side of the duplex features a spacious kitchen with ample cupboard space, a comfortable living room, three bedrooms above grade, one additional bedroom below, two full bathrooms, and generous storage rooms—ideal for families or renters alike. With R-CG zoning, the lot supports a variety of future development options, making this a great investment opportunity. Just a short walk to a variety of schools and a retail hub with Real Canadian Superstore, Pet Valu, Animal Hospital and a range of dining options, with Bowness Park also close by. By car, your mere minutes from Stoney Trail, Sarcee Trail, highway 1, providing easy access across the city and out to the mountains-all while coming home to a quiet, tucked-away street. Recent upgrades provide peace of mind, including a new EPDM rubber membrane roof (2024), newer furnace, new hot water tank and several upgraded windows. Clean, low-maintenance backyard. Two mature shade trees in front give timeless street appeal. Whether you're looking to live on one side and rent the other, hold as a long-term investment, or redevelop, this unique property checks all the boxes. Priced competitively in Bowness’s evolving duplex market, this property delivers upgrades and location without the infill premium—don’t miss this incredible opportunity in one of Calgary’s most desirable, evolving communities. More details
    Listed by Century 21 Bamber Realty LTD.
    LISTING DETAILS

  • 206, 208 43 Avenue SW, Calgary

    206, 208 43 Avenue SW Parkhill Calgary T2S 1A9
    Main Photo: 206, 208 43 Avenue SW, Calgary

    206, 208 43 Avenue SW Calgary T2S 1A9 Parkhill

    $864,900
    Residential
    Status:
    Active
    MLS® Num:
    A2248320
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,957 sq. ft.
    Think future here in this terrific INVESTMENT OPPORTUNITY - a SIDE-BY-SIDE DUPLEX in one of SW Calgary’s oldest communities known as Parkhill. Live in one side and rent out the other or rent out both sides. Each unit contains 1578+ sq. ft of living space, including a FULLY FINISHED BASEMENT with TWO BEDROOMS on the main floor, ONE BEDROOM in the basement and TWO BATHS PER UNIT. Flooring throughout is a combination of carpet, tile and hardwood. The whole UNIT FACES SOUTH so an abundance of natural light flowing into the combined living room/dining area on the main floor makes for a bright, roomy and inviting space. Kitchens feature MODERN WHITE CABINETS, STAINLESS APPLIANCES, tiled backsplashes, laminate countertops, and deep, DOUBLE SINKS. A unique WINDOWED CORNER would be perfect for a breakfast nook. Bedrooms on the main level are sizable with ample closet space and share a FULL UPDATED BATH. Each basement level has its OWN SEPARATE ENTRANCE and includes an ATTACHED SINGLE CAR GARAGE with WIDE FRONT PARKING PAD, a very large, carpeted rec room, bedroom with closet space, 3-pc. bath, separate LAUNDRY facilities and a utility area. THE FENCED, PRIVATE BACKYARD is gently sloped, and highlights include a garden area, fruit trees and shrubs. LOCATION HERE IS PRIME. Close to Deerfoot, Blackfoot and Macleod Trails with its multitude of shops (Chinook Centre) and restaurants, downtown Calgary, transit, the Elbow River, Stanley Park (pool, tennis courts, ice rink) and various playgrounds and schools. This property should not be overlooked and holds potential. Call for a viewing today and reap the benefits. More details
    Listed by Comox Realty
    LISTING DETAILS

  • 424 Sabrina Road SW, Calgary

    424 Sabrina Road SW Southwood Calgary T2W 1P9
    Main Photo: 424 Sabrina Road SW, Calgary

    424 Sabrina Road SW Calgary T2W 1P9 Southwood

    $1,415,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2250685
    Floor Area:
    2,520 sq. ft.
    424 Sabrina Road SW presents a rare opportunity to acquire a fully modernized, income-generating fourplex in the established community of Southwood. With extensive renovations completed in 2024 and strong in-place rental income, this property is ideally suited for hands-off investors seeking reliable cash flow and long-term growth potential in Calgary’s southwest. Address: 424 Sabrina Road SW, Calgary, AB Property Type: Fourplex (Bi-Level Configuration) Total Living Area: 5,028 sq. ft. (2,564 sq. ft. RMS + fully developed lower levels) Units: 4 self-contained units Unit Layout: Each unit includes 3 bedrooms and 1.5 bathrooms Year Built: 1972 Zoning: MC-1 (Medium-Density Low Profile Residential) Parking: 5 surface stalls, resurfaced in 2024, with ample street parking available Lot: Standard inner-city lot with retaining wall recently rebuilt Recent Renovations and Capital Improvements (2024) This property has undergone a complete transformation, both inside and out. All four units were fully renovated to appeal to today’s quality-conscious tenants while minimizing maintenance needs for ownership. Interior upgrades include: Fully renovated kitchens with granite countertops, brand new cabinets, and stainless steel appliances Bathrooms completely redone with new tubs, tile work, vanities, fixtures, and modern finishes Durable LVL plank flooring installed throughout both upper and lower levels Fresh paint, trim, and lighting updates throughout all units Exterior and mechanical upgrades: New energy-efficient windows and patio doors in each unit Separate furnaces, hot water tanks, and individual utility meters per unit Resurfaced parking lot with defined stalls Reconstructed retaining wall for long-term stability Updated exterior finishes to enhance curb appeal These renovations were designed with long-term durability, tenant satisfaction, and rental optimization in mind. Income and Financial Performance 424 Sabrina Road SW is fully leased with fixed one-year terms. All four units are currently rented at market rates, providing predictable and stable cash flow from day one. The gross rental income is $8,350 per month, or $100,200 annually. All tenants are responsible for their own utilities, thanks to separately metered systems. Key financial metrics: Gross Annual Rents: $100,200 Net Operating Income (NOI): Approx. $78,720 annually Cap Rate: 5.4% at asking price Utility Structure: All tenant-paid (gas, water, electricity) This property offers strong investment fundamentals with minimal projected maintenance, making it an excellent asset for portfolio stabilization or long-term wealth building. Bi-Level Design Advantage Unlike traditional up/down duplex configurations, each of the four units in this property features a full bi-level design. This provides tenants with more usable space and a layout that feels more like a single-family home, resulting in better tenant retention and increased rental appeal. buyer will accept current RPR More details
    Listed by CIR Realty
    LISTING DETAILS

  • 6815 5 Street SW, Calgary

    6815 5 Street SW Kingsland Calgary T2V 1A9
    Main Photo: 6815 5 Street SW, Calgary

    6815 5 Street SW Calgary T2V 1A9 Kingsland

    $3,199,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2251817
    Floor Area:
    4,998 sq. ft.
    Massive 4plex for with 4 Legal Suites in the basement of each unit! Thats 8 total units for rent complete with 4 Garages making this a superior rental property. The basements have access to their own private entrances! Beautiful design and modern finishes make this one of the best looking 4 plexes in Calgary. City center location means its minutes to Rocky view Hospital, close to downtown, near Mount Royal University and right beside Chinook Center. Providing prime rentals to students, hospital staff and downtown professionals. Upper units come complete with 2 bathrooms, 3 bedrooms, living, dining rooms and large kitchens. The basements are impressive as well, their own separate entrance, TWO bedrooms, single bathroom and spacious living room with kitchen complete with 10 foot ceilings. This 8-unit property (4 townhomes each with a legal suite) may qualify for CMHC’s MLI Select program, which can offer financing with down payments starting as low as 5% and extended amortizations. Eligibility and terms subject to lender and CMHC approval. More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • 30 & 32 New Street SE, Calgary

    30 & 32 New Street SE Inglewood Calgary T2G 3X9
    Main Photo: 30 & 32 New Street SE, Calgary

    30 & 32 New Street SE Calgary T2G 3X9 Inglewood

    $2,199,900
    Residential
    Status:
    Active
    MLS® Num:
    A2252120
    Bedrooms:
    4
    Bathrooms:
    5
    Floor Area:
    2,792 sq. ft.
    Discover an extraordinary property in the heart of historic Inglewood, backing directly onto the Bow River with views and sounds of the Calgary Zoo. Situated on a massive 50' x 270' lot, this exceptional offering features both sides of a condominium duplex designed by the renowned architect Jack Long PLUS a potential building site backing directly on the Bow River. Each side of the duplex showcases 16 foot vaulted ceilings, exposed beams, and upper-level lofts with full ensuites, creating unique and airy living spaces. The updated kitchens flow seamlessly into open concept living and dining areas with wood burning fireplaces, while fully finished basements offer additional comfort and flexibility. This is more than just a home—it's a future-forward investment. With subdivision potential and a Right of Way via Major Stewart Lane, offering access to the rear of the property, opening the door to a rare opportunity: build an additional residence backing directly onto the Bow River. Subject to City approval. Located in one of Calgary’s most walkable communities, you're steps from tree-lined streets, boutique shops, acclaimed restaurants, cozy cafés, vibrant craft breweries and pubs—including the iconic Hose and Hound—and extensive river pathways. Whether you choose to live in one side and rent the other, hold for future development, or build your dream riverfront home, this property delivers unmatched potential in a location that’s second to none. Don’t miss this once-in-a-lifetime chance to own a piece of riverfront paradise in Calgary’s most character-rich neighbourhood. More details
    Listed by Royal LePage Solutions
    LISTING DETAILS
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Data was last updated September 24, 2025 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. 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.