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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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1-12/30

  • 633 37 Street SW, Calgary

    633 37 Street SW Spruce Cliff Calgary T3C 1R8
    Main Photo: 633 37 Street SW, Calgary

    633 37 Street SW Calgary T3C 1R8 Spruce Cliff

    $929,900
    Residential
    Status:
    Active
    MLS® Num:
    A2291409
    Bedrooms:
    9
    Bathrooms:
    4
    Floor Area:
    1,983 sq. ft.
    Huge potential to redevelop this full side x side duplex on a huge 50’ x 160’ lot on the quiet end of 37th street in the desirable community of Spruce Cliff. Over 3000 sqft of developed living space, including a total of 9 bedrooms, 4 bathrooms, side entrances for easy development, extra long backyards with double car garage plus two parking pads. Oversized sunny windows, hardwood flooring throughout, big family rooms with vaulted ceilings that wrap around to the large dining rooms & galley kitchens. Both sides have 3 bedrooms up & well maintained 4-piece baths. The lower levels both include finished bathrooms, rough in for full kitchen, additional family rooms & their separate laundry rooms. Amazing inner-city location close to Westbrook Mall, Shaganappi Point LRT Station, bus stops, Walmart, gyms, coffeeshops, restaurants, grocery shopping, schools, parks, playgrounds, the Shaganappi Point Golf Course, Edworthy Park, Bow Trail, Crowchild Trail, Sarcee Trail not to mention minutes from Mount Royal University, University of Calgary, Downtown Calgary & more! More details
    Listed by RE/MAX Landan Real Estate
    LISTING DETAILS

  • 2604 18 Street SW, Calgary

    2604 18 Street SW Bankview Calgary T2T 4T5
    Main Photo: 2604 18 Street SW, Calgary

    2604 18 Street SW Calgary T2T 4T5 Bankview

    $3,899,600
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2291253
    Floor Area:
    2,016 sq. ft.
    Brand New 8 Plex Investment Opportunity in Bankview with Completion set for November 1, 2026 **An exceptional opportunity to add a HIGH END building to your portfolio in the sought-after inner-city community of Bankview!! This thoughtfully designed development features 4 - three storey townhomes, each offering over 2016 sq ft (builders plans)3 bedrooms and 3.5 bathrooms, spacious layouts, and private upper decks with downtown views. The property also includes 4 - lower level 788 sq ft (builders plans) 2 bedroom suites creating eight well appointed rental units in total, plus four detached garages. Built with quality and comfort in mind, the project will feature hardwood flooring, in-floor heating in the basement suites, upgraded windows, contemporary lighting and fixtures, and private entrances for each unit, delivering a modern rental product designed to attract long term tenants. Ideally located just steps from the vibrant shops, restaurants, and nightlife of 17th Avenue SW and only minutes to downtown Calgary, this property offers outstanding convenience and strong tenant appeal. Investors can also take advantage of CMHC MLI Select financing while benefiting from Calgary’s strong and growing rental market. Contact us today for a full list of features, upgrades, and additional investment details. More details
    Listed by Century 21 Bamber Realty LTD.
    LISTING DETAILS

  • 7415 39 Avenue NW, Calgary

    7415 39 Avenue NW Bowness Calgary T3B 1W9
    Main Photo: 7415 39 Avenue NW, Calgary

    7415 39 Avenue NW Calgary T3B 1W9 Bowness

    $2,425,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2290754
    Floor Area:
    4,650 sq. ft.
    6-plex CMHC MIL PROGRAMME QUALIFIED featuring 4 bedrooms and 3 full bathrooms. The main floor boasts a bedroom with a full standing shower, a modern kitchen equipped with high-end stainless steel appliances, and gas stoves. The kitchen also includes a built-in pantry for added convenience. Upstairs, you will find 3 generously sized bedrooms and 2 full bathrooms, along with front-load washers and dryers for efficient laundry care. LEVEL 7 VINYL FLOORING THRU OUT ALL 6 UNITS Each basement unit is designed with 2 spacious bedrooms with oversize windows, a living room, kitchen/dining area, and separate laundry facilities. The back units offer 2 bedrooms and a den. The building is equipped with 6 gas meters, 6 electric meters, 3 bike storage areas, 3 storage units, and 3 single garages. Located conveniently close to all amenities, this property provides modern living with unmatched functionality. More details
    Listed by TREC The Real Estate Company
    LISTING DETAILS

  • 1607 25 Avenue SW, Calgary

    1607 25 Avenue SW Bankview Calgary T2T 0Z9
    Main Photo: 1607 25 Avenue SW, Calgary

    1607 25 Avenue SW Calgary T2T 0Z9 Bankview

    $1,285,000
    Residential
    Status:
    Active
    MLS® Num:
    A2290081
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    1,847 sq. ft.
    Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities. Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities. The property is currently improved with a bungalow duplex configuration: one side is tenant-occupied, and the other side includes an illegal basement suite and is presently vacant, offering immediate flexibility for investors or future planning. The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years. An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals. More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 7012 Bowness Road NW, Calgary

    7012 Bowness Road NW Bowness Calgary T3B 0G4
    Main Photo: 7012 Bowness Road NW, Calgary

    7012 Bowness Road NW Calgary T3B 0G4 Bowness

    $747,000
    Residential
    Status:
    Active
    MLS® Num:
    A2289591
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,506 sq. ft.
    Rare opportunity to own a duplex situated on an MC-1 zoned lot, offering strong future development potential. This income-producing property provides immediate rental revenue while allowing flexibility for redevelopment down the line. Ideal for investors looking to hold and build equity in a growing area. Excellent location close to amenities, transit, and major routes. More details
    Listed by Sotheby's International Realty Canada
    LISTING DETAILS

  • 3915 73 Street NW, Calgary

    3915 73 Street NW Bowness Calgary T3B 2L8
    Main Photo: 3915 73 Street NW, Calgary

    3915 73 Street NW Calgary T3B 2L8 Bowness

    $3,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2289214
    Floor Area:
    3,000 sq. ft.
    Seize a rare opportunity to invest in a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project has been brought together by MCA Construction Group and the Development Permit has been approved and released the Building Permit drawings are ready for submission. As soon as you give the green light, the project is ready to go. Strategically located, this investment property is positioned to attract strong tenant demand. It’s just 6 minutes from the tranquil Bowness Park, 8 minutes from Market Mall, and within a 10–14 minute commute to the University of Calgary, SAIT, Ambrose University, Alberta Children’s Hospital, and Foothills Medical Centre. This prime location ensures long-term rental stability and appeal. Spanning over 7000 sq ft of livable space, the project features eight thoughtfully designed units: four spacious 3-bedroom, 2.5-bathroom upper units and four well-appointed 1-bedroom, 1-bath legal basement suites. All units include in-suite laundry, with legal basement suites also offering in-suite bike parking. These homes are tailored for the high-end rental market, combining modern design, functionality, and comfort to maximize tenant satisfaction and rental yield. This is a turnkey development opportunity with the potential to leverage CMHC Select Financing. This is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you're a seasoned investor or looking to expand your portfolio with a high quality asset, this property represents a unique chance to capitalize on Calgary’s rental market with confidence in one of Calgary’s most promising up and coming neighborhoods. More details
    Listed by TREC The Real Estate Company
    LISTING DETAILS

  • 1311 1 Street NE, Calgary

    1311 1 Street NE Crescent Heights Calgary T2E 3B6
    Main Photo: 1311 1 Street NE, Calgary

    1311 1 Street NE Calgary T2E 3B6 Crescent Heights

    $800,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2288649
    Floor Area:
    990 sq. ft.
    Prime inner-city redevelopment opportunity in Crescent Heights. Positioned on a just under 60 x 100 lot and zoned M-CGd72 (Multi-Residential – Contextual Ground Oriented), this property offers exceptional potential for townhomes or a four-plex style development (City of Calgary confirmation required) in one of Calgary’s most sought-after infill communities. M-CG is specifically designed to support ground-oriented multi-residential projects that align with the character of established neighbourhoods — making this an ideal site for builders looking to deliver high-demand product in a proven location. Currently situated on the lot are two connected homes plus a detached garage. A couple of existing tenants provide income to help offset holding costs while development plans are finalized. Total of 5 units 9 bedrooms provide ton of opportunity. Whether you choose to hold short-term or move quickly toward redevelopment, the flexibility is there. The location speaks for itself. Just off 16th Avenue and Centre Street NE, this site offers quick access to downtown, major transit corridors, restaurants, retail, and amenities. Crescent Heights continues to see strong buyer demand driven by walkability, skyline proximity, and ongoing area revitalization. This is the type of parcel that rarely becomes available — multi-residential zoning already in place, eliminating much of the uncertainty developers often face. For experienced infill builders/multi-family this represents a strategic acquisition: • Established inner-city neighbourhood • Multi-residential zoning in place • Revenue-generating holding property • Strong resale demand for ground-oriented product Opportunities like this are becoming increasingly scarce in Crescent Heights. Secure the land. Design the vision. Build what the market wants. More details
    Listed by Real Broker
    LISTING DETAILS

  • 7406-7408 Hunterfield Road NW, Calgary

    7406-7408 Hunterfield Road NW Huntington Hills Calgary T2K 4L1
    Main Photo: 7406-7408 Hunterfield Road NW, Calgary

    7406-7408 Hunterfield Road NW Calgary T2K 4L1 Huntington Hills

    $1,295,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2276447
    Floor Area:
    1,990 sq. ft.
    Here is the perfect investment, the hard work is all done for you . Just purchase and rent! This is a beautiful, very high quality, thorough renovation! A newly finished, legally suited side by side duplex on 7028SQFT Lot. The upper 2 units have had substantial facelifts and have been opened up with, new kitchens with quartz counter tops on the islands, new bathrooms, new flooring, all new light fixtures, all new appliances, private laundry, separate heating and their own electrical panels. The lower units are completely new starting from the framing out. They have 5 large, new egress windows, separate heating and electrical panels, private laundry and all new everything in each unit. The building has a new rubber membrane roof, new casement window's throughout, new fencing, new parking pads (for 8 vehicles off street) all with parking stops, new kitchen appliance throughout, new landscaping and front sod. The upper suites are 3 bedroom and a 4 pc bath, the lower units 2 bedroom and 4pc bath, all are bright and fresh. It is a single title to make for easier financing. Rents total $6400 per month; tenants pay their own utilities and must be assumed. Don't miss out...places like this don't come to market often...this is your chance. More details
    Listed by Century 21 Bamber Realty LTD.
    LISTING DETAILS

  • 7614 & 7616 21 Street SE, Calgary

    7614 & 7616 21 Street SE Ogden Calgary T2C 0V5
    Main Photo: 7614 & 7616 21 Street SE, Calgary

    7614 & 7616 21 Street SE Calgary T2C 0V5 Ogden

    $875,000
    Residential
    Status:
    Active
    MLS® Num:
    A2287629
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,056 sq. ft.
    Exceptional investment opportunity in Ogden! Welcome to 7614 & 7616 21 Street SE, a well-maintained FULL side-by-side DUPLEX offering outstanding flexibility, income potential, and future development upside. This spacious bi-level design offers OVER 2,050 sq.ft. above grade and features a side entrance layout that creates the potential to separate the upper and lower levels, or keep it as two full units and enjoy an incredible spacious living space. The main floor in each unit features 3 bedrooms, a full bathroom, spacious living room, dining area, and a generous kitchen. The left side lower level is approximately 75% finished, offering a large family room, 4th bedroom (non-egress window), full bathroom, laundry, and potential for a kitchenette or further development. The right side lower level includes a fourth bedroom (non-egress window), a renovated full bathroom, and additional unfinished space ready for customization. Outside, enjoy an oversized detached double garage, separated to provide a single garage per unit, plus rear parking pads on each side + tons of street parking. Offering excellent long-term potential, including the possibility to convert to additional suites (subject to permits and approvals by the city ). Numerous UPGRADES over the years include newer windows, roof (house & garage), furnaces, hot water tanks, and more. One unit is currently tenant-occupied. Floorplans are available in the supplements. Ideally located close to schools, parks, transit, shopping, and major routes, with a quick commute to downtown. A rare and versatile opportunity—don’t miss it! More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 4704 14 Street NW, Calgary

    4704 14 Street NW North Haven Calgary T2K 1J6
    Main Photo: 4704 14 Street NW, Calgary

    4704 14 Street NW Calgary T2K 1J6 North Haven

    $825,000
    Residential
    Status:
    Active
    MLS® Num:
    A2285702
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    1,902 sq. ft.
    Rare investment opportunity! This impeccably renovated full duplex on 14th Street showcases breathtaking views of Nose Hill Park. Each side features a thoughtfully designed main floor with vaulted ceilings, a gourmet kitchen boasting new cabinets, granite countertops, and stainless-steel appliances. The expansive living and dining areas provide an ideal setting for entertaining. Two cozy bedrooms and a bathroom complete this level. The unfinished basements offer endless potential for customization. Outside, a spacious backyard with parking for four vehicles and convenient alley access. Experience the epitome of luxury living with easy access to amenities and the serene beauty of Nose Hill Park right at your doorstep. Don't miss this prime real estate opportunity! More details
    Listed by Optimum Realty Group
    LISTING DETAILS

  • 2811 2 Street NE, Calgary

    2811 2 Street NE Tuxedo Park Calgary T2E 1Z9
    Main Photo: 2811 2 Street NE, Calgary

    2811 2 Street NE Calgary T2E 1Z9 Tuxedo Park

    $3,298,800
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2283180
    Floor Area:
    5,258 sq. ft.
    An outstanding opportunity to enhance your real estate portfolio with this architecturally refined, purpose-built four-plex, ideally located in the heart of Tuxedo Park, one of Calgary’s most desirable inner-city communities. Known for its central location, consistent rental demand, and vibrant urban appeal, Tuxedo Park provides the perfect backdrop for this income-producing asset. This newly constructed development consists of four thoughtfully designed townhome style residences, each featuring three spacious bedrooms. In addition, every unit includes a fully legal two-bedroom basement suite, resulting in eight self contained rental units, each with a private entrance an exceptional configuration that maximizes income potential and operational flexibility. The property makes a strong first impression with its striking curb appeal. A timeless yet modern architectural design showcases clean lines, premium exterior materials, and a cohesive, sophisticated colour palette. Professional landscaping, contemporary lighting, and a unified façade contribute to a boutique feel rarely seen in multi-family projects. Interiors are finished with a focus on durability, efficiency, and modern aesthetics. Each suite features quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and oversized energy efficient windows, offering long term tenant appeal while supporting low maintenance and operating costs. 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 tenants and investors alike. Eligible for CMHC Select Financing, this turnkey opportunity represents a rare chance to acquire a high performance, income generating asset in a high demand rental market. Contact us today for further details or to arrange a private viewing. Property will be ready for Q4 2026. More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • 1818 & 1822 6 Street NW, Calgary

    1818 & 1822 6 Street NW Mount Pleasant Calgary T2M 4T5
    Main Photo: 1818 & 1822 6 Street NW, Calgary

    1818 & 1822 6 Street NW Calgary T2M 4T5 Mount Pleasant

    $1,288,000
    Residential
    Status:
    Active
    MLS® Num:
    A2283173
    Bedrooms:
    9
    Bathrooms:
    4
    Floor Area:
    3,828 sq. ft.
    Investor Alert | Corner Lot Full Duplex | Short Walk to SAIT | Short-Term Rental business opportunity This full duplex is located on a large corner lot in the heart of Mount Pleasant, with three sides exposed—an increasingly rare setup in Calgary’s inner city. The property is within walking distance to SAIT and close to the University of Calgary, downtown, public transit, and a wide selection of cafés and restaurants. This highly walkable location continues to attract strong demand from students, professionals, and short-term rental guests. The property offers flexibility and immediate opportunities for the next owner. Unit 1822 is mostly vacant, with only one basement bedroom currently rented under a flexible arrangement. This allows a new owner to take possession quickly and choose how to use the space—whether to rent it out, adjust the tenant mix, or live in one unit while generating income from the other. Unit 1818 is professionally set up as a licensed Airbnb, featuring quality furnishings and designer décor. The unit allows a new owner to continue operations with minimal transition. Over the years, the property has seen ongoing investment in major building components and interior improvements. The layout and overall configuration support a variety of uses, including long-term rental, short-term rental, owner-occupancy with rental income, multi-generational living, or future value-add opportunities. A solid duplex opportunity in one of Calgary’s most desirable inner-city communities, offering immediate income potential and long-term value. More details
    Listed by eXp Realty
    LISTING DETAILS
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Data was last updated March 9, 2026 at 12:05 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.