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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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1-12/31

  • 153 & 151 Lissington Drive SW, Calgary

    153 & 151 Lissington Drive SW North Glenmore Park Calgary T3E 5E5
    Main Photo: 153 & 151 Lissington Drive SW, Calgary

    153 & 151 Lissington Drive SW Calgary T3E 5E5 North Glenmore Park

    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2236981
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,886 sq. ft.
    First time on the market! This is your chance to secure a prime 52’ x 116’ R-CG corner lot in one of Calgary’s most sought-after inner-city neighbourhoods. Located on prestigious Lissington Drive, this side-by-side bungalow duplex offers endless possibilities for developers, investors, or visionary buyers. Each unit features 2 bedrooms, 2 bathrooms, a bright living area, and a functional kitchen, with separate entrances to the lower levels which is ideal for future basement redevelopment. Whether you’re considering for an investment or holding for future potential, this property offers incredible value in a location where listings rarely come up. North Glenmore Park is known for its quiet, tree-lined streets, easy access to downtown, top schools, Mount Royal University, transit, and Glenmore Athletic Park. Properties like this are becoming increasingly rare — don’t miss your opportunity in one of Calgary’s most established and desirable inner-city communities. More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 509,511 34 Avenue NE, Calgary

    509,511 34 Avenue NE Winston Heights/Mountview Calgary T2E 2K1
    Main Photo: 509,511 34 Avenue NE, Calgary

    509,511 34 Avenue NE Calgary T2E 2K1 Winston Heights/Mountview

    $1,475,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2235755
    Floor Area:
    1,692 sq. ft.
    This is the sale of 509, 511 34 AVE NE and the 2 additional Registered Secondary Suites identified as 509B (sticker 15228) and 511B (sticker 15227). There are a total of 4 rental units. Spacious units that were recently upgraded in 2024. Each unit has fridge, stove, microwave, dishwasher and all-in-one washer/dryer. Both of the upper suites have 2 Bedrooms 1 bathroom. The lower suite 509 B has 1 Bedroom and 2 bathrooms. 511B has 2 bedrooms and 1 bathroom. There are 4 furnaces, 2 gas meters and 2 electrical meters. In the back there is a one car garage and a separate storage unit More details
    Listed by Michael Fleming Realty Corp.
    LISTING DETAILS

  • 1215 28 Street SE, Calgary

    1215 28 Street SE Albert Park/Radisson Heights Calgary T2Y 0Y6
    Main Photo: 1215 28 Street SE, Calgary

    1215 28 Street SE Calgary T2Y 0Y6 Albert Park/Radisson Heights

    $1,249,900
    Residential
    Status:
    Active
    MLS® Num:
    A2236803
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    2,586 sq. ft.
    This listing includes a full side by side 1213 &1215 on one Title. Tastefully and freshly updated side by side duplex. Exterior features new smart board siding, vinyl windows shingles and fencing. Each half offers roughly 1181s.ft A freshly remodelled kitchen, stainless steel appliances, 3 bedrooms and a 5piece bath. The basement on each side offers a separate entry with an illegal suite. Single attached garage, on each side and an additional parking pad for up to 8 vehicles. More details
    Listed by Stonemere Real Estate Solutions
    LISTING DETAILS

  • 73 / 75 Dalton Bay NW, Calgary

    73 / 75 Dalton Bay NW Dalhousie Calgary T3A 1H7
    Main Photo: 73 / 75 Dalton Bay NW, Calgary

    73 / 75 Dalton Bay NW Calgary T3A 1H7 Dalhousie

    $1,100,000
    Residential
    Status:
    Active
    MLS® Num:
    A2236853
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,898 sq. ft.
    Don’t miss this RARE opportunity to own this FULL DUPLEX featuring FOUR separate suites! Ideally located just 5 minutes from the university! This fully tenanted unique property is perfect for investors or those looking to generate rental income. Each unit offers modern, spacious living areas with cozy bedrooms and well-designed layouts that ensure comfort and privacy. The duplex is designed for maximum rental potential, with separate entrances providing tenants with convenience and autonomy. This location is unbeatable for university students, faculty, or staff looking for close proximity to campus, as well as easy access to local shops, restaurants, and public transit. Whether you are looking for a high-yield rental property, a multi-generational living arrangement, or a combination of both, this property offers incredible flexibility. The large lot also provides plenty of outdoor space for tenants to enjoy, and the well-maintained building means minimal upkeep. This is a prime opportunity to secure a rare and highly profitable investment in a sought-after area. Opportunities like this don’t come often – act fast! More details
    Listed by eXp Realty
    LISTING DETAILS

  • 7331 & 7329 Huntertown Crescent NW, Calgary

    7331 & 7329 Huntertown Crescent NW Huntington Hills Calgary T2K 4K3
    Main Photo: 7331 & 7329 Huntertown Crescent NW, Calgary

    7331 & 7329 Huntertown Crescent NW Calgary T2K 4K3 Huntington Hills

    $949,000
    Residential
    Status:
    Active
    MLS® Num:
    A2230953
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,898 sq. ft.
    Full duplex investment opportunity in Huntington Hills, with bi-level units that can be easily converted into 4 units! Each side features 4 bedrooms and 2 bathrooms - 2 beds, 1 bath upstairs and 2 beds, 1 bath downstairs. Basements are fully developed. Large den/office space in the basements as well. New insulated roof done in 2011 with rolled asphalt. Fully fenced side yards. 4 parking stalls, carport and shed included in the back. Located on a quiet street, walking distance to Nose Hill Park, several schools and Real Canadian Superstore. More details
    Listed by Michael Fleming Realty Corp.
    LISTING DETAILS

  • 301 5 Avenue NE, Calgary

    301 5 Avenue NE Crescent Heights Calgary T2E 0K9
    Main Photo: 301 5 Avenue NE, Calgary

    301 5 Avenue NE Calgary T2E 0K9 Crescent Heights

    $3,000,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2234866
    Floor Area:
    7,176 sq. ft.
    Turnkey Investment Opportunity – Fully Furnished and Professionally Managed Airbnb 4-Plex in Prime Inner-City Location. Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value. Each spacious unit includes: 2300 Square Feet Of Livable Space Over 4 Levels | 4 Large Bedrooms, 4.5 Bathrooms | Large West Facing Patio | Spacious Bonus Room With Cozy Fireplace | Fully Finished Basement With Wet Bar And Single Detached Garage | Stylish, move-in-ready modern interiors curated for comfort and durability | The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you’re perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views. Key Highlights: Fully operational as a high-performing Airbnb short term rental. All furnishings included. Managed by professionals for a seamless, turnkey experience. Outstanding location. Immediate cash-flow potential with long-term upside. High-performing income property with 6.05% cap rate Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box. More details
    Listed by Comox Realty
    LISTING DETAILS

  • 1631 40 Street SW, Calgary

    1631 40 Street SW Rosscarrock Calgary T3C 1X1
    Main Photo: 1631 40 Street SW, Calgary

    1631 40 Street SW Calgary T3C 1X1 Rosscarrock

    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2233383
    Bedrooms:
    12
    Bathrooms:
    4
    Floor Area:
    2,278 sq. ft.
    Welcome to 1631 & 1633 40 Street SW — An extremely Rare 12 Bedroom Investment Opportunity in Rosscarrock! This spacious, incredibly well-designed full duplex features four separate units and 12 bedrooms boasting over 2,200 SqFt of living space. This is a fantastic opportunity for savvy investors or buyers looking to live in one unit while renting out the others. Each side of the duplex offers an upper 3-bedroom, 1-bathroom unit with its own entrance, alongside a lower-level 3-bedroom, 1-bathroom illegal suite with a separate entrance. With four dedicated laundry rooms and ample storage throughout, the property maximizes functionality for tenants and owners alike. Bright, generous windows on every level provide a welcoming, open feel that renters appreciate. The property also includes two double detached garages and additional street parking. Located in the established community of Rosscarrock, this property is ideally positioned close to schools, shopping, parks, and playgrounds. It offers excellent commuter access with the LRT station nearby and downtown Calgary just minutes away. Whether you’re looking to expand your rental portfolio or offset your mortgage by living on-site, this is a very rare and versatile opportunity in a fantastic inner-city location. 12 Bedroom investment opportunities like this don’t come along often — book your private showing today! More details
    Listed by Veritas Realty
    LISTING DETAILS

  • 438 15 Avenue NE, Calgary

    438 15 Avenue NE Renfrew Calgary T2E 1H4
    Main Photo: 438 15 Avenue NE, Calgary

    438 15 Avenue NE Calgary T2E 1H4 Renfrew

    $2,400,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2234193
    Floor Area:
    2,594 sq. ft.
    WATCH THE VIRTUAL WALKTHROUGH AND STEP INSIDE YOUR FUTURE HOME TODAY! EXPERIENCE IT BEFORE IT'S BUILT | Exceptional Investment Opportunity | Projected yearly rental income of $153,600. Brand New 4 plex in Prime Inner-City Location | Welcome to 438 14 Avenue NE – a rare and exquisite offering in the heart of Calgary’s desirable Renfrew community. This brand-new, purpose-built 4 plex showcases modern design, superior craftsmanship, and a prime location, making it a standout investment for savvy buyers or multi-generational families. Each of the 4 spacious units features 3 bedrooms, 2.5 bathrooms, and a thoughtfully designed open-concept layout ideal for today’s lifestyle. From 9-foot ceilings and large windows that flood the interiors with natural light to hardwood flooring and sleek quartz countertops, no detail has been overlooked. The gourmet kitchens include premium stainless steel appliances, stylish tile backsplash, and generous cabinetry perfect for both homeowners and tenants alike. The primary suites offer walk-in closets and spa-inspired ensuite bathrooms, while the secondary bedrooms provide ample space for guests, home offices, or growing families. Each unit also includes a private entrance, separate utilities, and dedicated parking, maximizing convenience and privacy. Located just minutes from downtown Calgary, with easy access to parks, schools, shopping, and transit, this property is ideally positioned for long-term rental income, Airbnb opportunities, or resale potential. The vibrant community of Renfrew offers a walkable lifestyle with nearby restaurants, cafes, and green spaces. Whether you’re expanding your real estate portfolio or seeking a high-performing asset, this turnkey 4 plex delivers the perfect balance of luxury, location, and long-term value. Don’t miss this unparalleled opportunity book your private tour today! More details
    Listed by Real Broker
    LISTING DETAILS

  • 1009 24 Avenue NW, Calgary

    1009 24 Avenue NW Mount Pleasant Calgary T2M 1Y4
    Main Photo: 1009 24 Avenue NW, Calgary

    1009 24 Avenue NW Calgary T2M 1Y4 Mount Pleasant

    $1,295,000
    Residential
    Status:
    Active
    MLS® Num:
    A2233334
    Bedrooms:
    6
    Bathrooms:
    5
    Floor Area:
    2,551 sq. ft.
    Rare Redevelopment & Investment Opportunity in Mount Pleasant | Zoned R-CG | Laneway Lot with Approved Development Plan, steps from Confederation Park. This prime 7,728 SQ.FT. corner lot offers expansive redevelopment potential and consistent rental income, with immense upside for tomorrow. Zoned R-CG and positioned on a valuable corner laneway, this property has already been rezoned by current owners and is ideally suited for tandem townhomes, offering a total of 8 potential doors. Development options include: retaining the existing attached duplex and building two tandem infills at the rear (approved plans with basement suites available upon request), a complete teardown and redevelopment into a new fourplex with or without legal basement suites OR your own dream home taking advantage of this very special cul-de-sac location. This flexibility makes it ideal for developers looking to leverage the lot’s dual frontage and maximize density as well as for savvy buyers looking for premium land value in this high growth location. Opportunities like this, with rezoning and plans already in place, are increasingly rare in Mount Pleasant. The existing property features: A well-maintained, south-facing side-by-side duplex (1009 and 1011) plus an oversized, fully finished triple tandem garage that can accommodate 6 vehicles, offering additional rental income. Residence 1009 (Vacant) features 1,275 SQ.FT. with 2 bedrooms + flex room, main floor laundry, large south-facing deck, and 575 SQ.FT. of undeveloped basement. Recent upgrades include new carpet, lighting, full paint, and sod (May 2025). Residence 1011 (Tenanted) features 1,275 SQ.FT. with 4 bedrooms and a partially finished basement including 3-piece bath, laundry, and play area. Additional property highlights: Newer windows (approx. 3 years old) Recently replaced washer/dryer units (2 years ago) Bathroom and appliance upgrades (within the last 5 years) Roof approx. 15 years old. Potential for future upper-level views of downtown Calgary and Nose Hill Park. Located within walking distance to schools, minutes from downtown, University of Calgary, Foothills & Children's Hospitals, and the green spaces of Confederation Park, this location continues to attract high-quality tenants and end-users alike. With ongoing development transforming Mount Pleasant into a hub of modern infill projects, this property stands out as a cornerstone opportunity for builders, investors, and forward-thinking buyers. Contact us today for access to architectural plans, permitting documents, or to schedule a private viewing. More details
    Listed by Sotheby's International Realty Canada
    LISTING DETAILS

  • 509 and 511 13 Avenue NE, Calgary

    509 and 511 13 Avenue NE Renfrew Calgary T2E 1C5
    Main Photo: 509 and 511 13 Avenue NE, Calgary

    509 and 511 13 Avenue NE Calgary T2E 1C5 Renfrew

    $1,199,000
    Residential
    Status:
    Active
    MLS® Num:
    A2231158
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    2,162 sq. ft.
    Exceptional Investment Opportunity in Renfrew –FULL Duplex (BOTH SIDES!) on One Title with Endless Potential. Here’s your chance to secure a fully equipped side-by-side FULL duplex (#509 and #511! ) on one title, ideally situated on a generous 50' x 120' lot in the sought-after inner-city community of Renfrew. Whether you're a savvy investor looking for strong, immediate cash flow, or a developer exploring redevelopment options, this property checks all the boxes. Each main unit offers 1,081 sqft above grade and features 3 bedrooms (2 up + 1 den/bedroom), updated flooring, bright and spacious living areas with large windows and cozy fireplaces, and functional kitchens designed for everyday comfort. The basement units are 964 sf and have 2 bedrooms, 1 bathroom, living room + kitchen +laundry + den (storage) or it can also be a bedroom if necessary. Private separate basement entrances open the door to converting this property into four self-contained income-generating suites, dramatically increasing your rental potential. Outside, enjoy the convenience of a double detached garage plus an extended parking pad, offering ample space for tenants. Bonus: Both units 509 and 511 are occupied by long-term tenants (11 and 9 years), who would love to stay—providing you with turnkey rental income of $2,800/month and $2,600/month, respectively. Situated just steps from two parks and minutes from Bridgeland’s vibrant shops and restaurants, top-rated schools, public transit, major roadways, downtown Calgary, the Calgary Zoo, and TELUS Spark—this location is truly unbeatable for both renters and future redevelopment. Whether you hold, renovate, or rebuild, this property is a smart investment in a high-demand location. Opportunities like this are rare—act fast! More details
    Listed by CIR Realty
    LISTING DETAILS

  • 7510 & 7512 Huntridge Crescent NE, Calgary

    7510 & 7512 Huntridge Crescent NE Huntington Hills Calgary T2K 4C9
    Main Photo: 7510 & 7512 Huntridge Crescent NE, Calgary

    7510 & 7512 Huntridge Crescent NE Calgary T2K 4C9 Huntington Hills

    $979,900
    Residential
    Status:
    Active
    MLS® Num:
    A2230438
    Bedrooms:
    10
    Bathrooms:
    4
    Floor Area:
    2,308 sq. ft.
    CALLING ALL INVESTORS! Great opportunity to own a full side by side duplex w/2 illegal suites in a prime Huntington Hills location. This spacious bi-level w/2300 sq.ft above grade (total) w/an entry way that allows for private access into the upper and lower suite. Each side is a mirror image of each other and offers a very functional floorplan in all 4 units. The upper level on each side has a large living room w/a big picture window and plenty of room for your furniture. Spacious dining space is open to the living room and kitchen w/patio doors leading out to the deck. The kitchen has good counter space and storage. 3 bedrooms & 4-pc bath complete with a washer & dryer. The lower suites are well sized with open concept living between the kitchen, dining and living room. The bi-level design offers large windows in the basement that provide great natural light to the living space. 2 bedrooms, a 4-pc bath and a washer & dryer make all 4 units self contained. A huge added bonus is that each side of the duplex comes with 2 furnaces (in one utility room)…each unit can control their own temperature! 7510 has 2 mid efficient furnaces. 7512 has 2 high efficient furnaces. Large corner lot offers a parking pad for 2 cars plus tons of street parking in front of each entrance of the property. Location can’t be beat w/transit right out your front door and quick access to the bus loop. Superstore is a quick walk away and all levels of schooling are in close proximity. Easy access to Deerfoot Trail and Centre St. With great privacy between each suite, spacious living and great amenities nearby, finding great tenants is easy! More details
    Listed by RE/MAX Real Estate (Mountain View)
    LISTING DETAILS

  • 4308 73 Street NW, Calgary

    4308 73 Street NW Bowness Calgary T3B 2M1
    Main Photo: 4308 73 Street NW, Calgary

    4308 73 Street NW Calgary T3B 2M1 Bowness

    $1,098,890
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2228244
    Floor Area:
    2,422 sq. ft.
    4308 73 Street NW | Investor Alert! | Prime Location! | Legal Four-Plex | Rare Opportunity To Own A Well-Maintained 4-Plex In The Highly Sought-After Community Of Bowness | All Four Units Are Spacious 3 Bedroom 2 Bath Corner Units | Offering Excellent Functionality For Families With In-Suite Laundry | Nestled On A Large Lot With Ample Parking In The Alley | Situated Close To Schools, Transit, Shopping & Stoney Trail | Inside Pictures Are Of Unit 4 Which Was Recently (2022) Renovated | No Inside Pictures Of Other Units. More details
    Listed by Real Broker
    LISTING DETAILS
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Data was last updated July 5, 2025 at 04:05 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.