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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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1-12/29

  • 131 & 135 Cornerstone Avenue NE, Calgary

    131 & 135 Cornerstone Avenue NE Cornerstone Calgary T3N 1G7
    Main Photo: 131 & 135 Cornerstone Avenue NE, Calgary

    131 & 135 Cornerstone Avenue NE Calgary T3N 1G7 Cornerstone

    $1,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2217226
    Floor Area:
    3,179 sq. ft.
    | LEGAL 4PLEX | Separate Titles | Separate Entrances | Four Furnaces | Over 1550 sqft above grade each | Two Detached Double Garages | Welcome to an exceptional investment opportunity or the perfect setup for multi-generational living in the desirable Cornerstone NE community! This unique property boasts two separate titles, offering incredible flexibility. Each side of the duplex features over 1550 sqft above grade, 3 Bedrooms, and 2.5 bathrooms above grade, and includes a 1-bedroom legal basement suite with a 4-piece bathroom, providing excellent rental income potential or private spaces for extended family. With four separate furnaces, each unit enjoys its own independent heating system. Adding even more value are the two double detached garages, providing ample parking and storage. Both properties are fully fenced and landscaped for your enjoyment and convenience. Cornerstone is a vibrant and growing community known for its diverse architectural styles, numerous parks and playgrounds, and convenient access to the Calgary International Airport, a wide array of shopping destinations, diverse restaurants, and various schools catering to all ages. Don't miss this rare chance to own a versatile property in a well-connected and thriving neighborhood! Basements are registered with The City of Calgary, sticker # are 920 & 921. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 1111 15 Avenue NE, Calgary

    1111 15 Avenue NE Renfrew Calgary T2E 1J4
    Main Photo: 1111 15 Avenue NE, Calgary

    1111 15 Avenue NE Calgary T2E 1J4 Renfrew

    $1,300,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2216783
    Floor Area:
    2,218 sq. ft.
    Prime Inner-City Fourplex - Incredible investment opportunity on a quiet street in the sought-after community of Renfrew! This renovated, income-generating fourplex sits on a massive 50x120 ft lot and brings in over $85,000 in annual gross revenue. Featuring updated units with vinyl plank and hardwood floors, large light-filled windows, and a well-maintained roof (2013) and windows (2013) plus a high-efficiency boiler (2006). Unbeatable location – walking distance to the Renfrew Rec Centre, shopping, restaurants, and schools. Transit out front, plus quick access to Deerfoot Trail, 16th Ave, and a short commute downtown. Whether you're looking for solid cash flow or a redevelopment opportunity, this property checks every box. A rare find in one of Calgary’s top inner-city neighborhoods! More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 7344 & 7342 35 Avenue NW, Calgary

    7344 & 7342 35 Avenue NW Bowness Calgary T3B 1T3
    Main Photo: 7344 & 7342 35 Avenue NW, Calgary

    7344 & 7342 35 Avenue NW Calgary T3B 1T3 Bowness

    $975,000
    Residential
    Status:
    Active
    MLS® Num:
    A2215433
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    2,167 sq. ft.
    ATTENTION ALL INVESTORS! Welcome to a very rare investment opportunity to purchase an owner occupied full side by side duplex, meticulously maintained and substantially updated offering huge growth potential to convert into a legal conforming fourplex (pending permit approvals from the City of Calgary). Located on a very quiet street surrounded by mostly single family homes on a large 50x122 R-CG lot! The duplex has benefited with over $90,000 in recent updates, including a newer roof, three newer f/a furnaces and one a/c unit, one side has a newer a/c, newer front balconies including maintenance free composite decking and new railings, plus much, much more. A full list of comprehensive and recent updates is available!! Each unit upstairs features three bedrooms, including upstairs laundry rooms, 7342 side has an illegal and very bright self contained two bedroom suite, original hardwood flooring, newer side entry doors., and newer patio doors. The 7344 side has an unspoiled basement ready for development! ***HERE IS THE BONUS.....there is a newer and huge 28x26 double garage. Inside measurements are for only one side, 7342. Close to all levels of schools, a short walk to Superstore and shops, across from Trinity Box stores, close to Greenwich and the new Farmer's Market, 5-8 minutes to two hospitals, a short commute to downtown and easy access west to the mountains! Hurry on this amazing opportunity! More details
    Listed by RE/MAX Real Estate (Central)
    LISTING DETAILS

  • 131 & 135 Cornerstone Avenue NE, Calgary

    131 & 135 Cornerstone Avenue NE Cornerstone Calgary T3N 1G7
    Main Photo: 131 & 135 Cornerstone Avenue NE, Calgary

    131 & 135 Cornerstone Avenue NE Calgary T3N 1G7 Cornerstone

    $1,350,000
    Residential
    Status:
    Active
    MLS® Num:
    A2215901
    Bedrooms:
    8
    Bathrooms:
    8
    Floor Area:
    3,179 sq. ft.
    | Duplex w/ Legal Basement Suites | Separate Titles | Separate Entrances | Four Furnaces | Over 1550 sqft above grade each | Two Detached Double Garages | Welcome to an exceptional investment opportunity or the perfect setup for multi-generational living in the desirable Cornerstone NE community! This unique property boasts two separate titles, offering incredible flexibility. Each side of the duplex features over 1550 sqft above grade, 3 Bedrooms, and 2.5 bathrooms above grade, and includes a 1-bedroom legal basement suite with a 4-piece bathroom, providing excellent rental income potential or private spaces for extended family. With four separate furnaces, each unit enjoys its own independent heating system. Adding even more value are the two double detached garages, providing ample parking and storage. Both properties are fully fenced and landscaped for your enjoyment and convenience. Cornerstone is a vibrant and growing community known for its diverse architectural styles, numerous parks and playgrounds, and convenient access to the Calgary International Airport, a wide array of shopping destinations, diverse restaurants, and various schools catering to all ages. Don't miss this rare chance to own a versatile property in a well-connected and thriving neighbourhood! Basements are registered with The City of Calgary, sticker # are 920 & 921. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 131 & 135 Cornerstone Avenue NE, Calgary

    131 & 135 Cornerstone Avenue NE Cornerstone Calgary T3N 1G7
    Main Photo: 131 & 135 Cornerstone Avenue NE, Calgary

    131 & 135 Cornerstone Avenue NE Calgary T3N 1G7 Cornerstone

    $1,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2216105
    Floor Area:
    3,179 sq. ft.
    | Duplex w/ Legal Basement Suites | Separate Titles | Separate Entrances | Four Furnaces | Over 1550 sqft above grade each | Two Detached Double Garages | Welcome to an exceptional investment opportunity or the perfect setup for multi-generational living in the desirable Cornerstone NE community! This unique property boasts two separate titles, offering incredible flexibility. Each side of the duplex features over 1550 sqft above grade, 3 Bedrooms, and 2.5 bathrooms above grade, and includes a 1-bedroom legal basement suite with a 4-piece bathroom, providing excellent rental income potential or private spaces for extended family. With four separate furnaces, each unit enjoys its own independent heating system. Adding even more value are the two double detached garages, providing ample parking and storage. Both properties are fully fenced and landscaped for your enjoyment and convenience. Cornerstone is a vibrant and growing community known for its diverse architectural styles, numerous parks and playgrounds, and convenient access to the Calgary International Airport, a wide array of shopping destinations, diverse restaurants, and various schools catering to all ages. Don't miss this rare chance to own a versatile property in a well-connected and thriving neighborhood! Basements are registered with The City of Calgary, sticker # are 920 & 921. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 203 43 Avenue SW, Calgary

    203 43 Avenue SW Parkhill Calgary T2S 1B1
    Main Photo: 203 43 Avenue SW, Calgary

    203 43 Avenue SW Calgary T2S 1B1 Parkhill

    $875,000
    Residential
    Status:
    Active
    MLS® Num:
    A2215051
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,918 sq. ft.
    Welcome to a RARE OPPORTUNITY to own this FULL SIDE-BY-SIDE DUPLEX (price is for both sides) in desirable PARKHILL, one of the most prestigious areas in Calgary where properties are in the Millions. Take a walk in the neighbourhood to appreciate the BEAUTIFUL PARKS and LUXURY HOMES. BOTH SIDES are RENTED separately, generating great CASH FLOW for your investment (NO CONDO FEES). Being close to the INNER CITY, this property offers tremendous potential, considering both LAND and BUILDING VALUE. Live in one side, rent out the other or rent out both and hold the value for future development. Property is located on a LARGE 50 x 120 ft LOT (one title). SOLID STUCCO and BRICK exterior with GREAT CURB APPEAL and long driveways, each side has PARKING for 4 VEHICLES (a total of 8 VEHICLES). Each side has a DOUBLE GARAGE (tandem). Upon entering each unit, you will appreciate the BEAUTIFUL ORIGINAL HARDWOOD FLOORS and LARGE WINDOWS letting in an abundance of natural light. This is a CHARMING, SOLID, WELL-BUILT & MAINTAINED PROPERTY. Each side has 2 BEDROOMS AND 1 BATH, sunny SOUTH SIDE kitchen, large living room. Each side has a PRIVATE FENCED BACKYARD with mature trees. Recent IMPROVEMENTS include: NEW ROOF, EAVES TROUGHS, FASHIA & SOFFITS (2021), NEW EAVES TROUGH GUTTER GUARD (2023), NEW Water main to street (2024), 2 NEW FURNACES (2021 and 2023). Separate electrical and water meters for each side. Unbeatable location, Close to MISSION, & TRENDY 4TH STREET SW, a vibrant, energetic area offering all the amenities, restaurants, shops, Close to Downtown, Stampede Grounds. WALK 2 BLOCKS to STANLEY PARK, one the MOST BEAUTIFUL PARKS in Calgary, located an the ELBOW RIVER. Stanley park is a favourite family destination for picnicking, swimming, canoeing, tobogganing & lawn bowling. Stanley park also has Ball Diamonds, Tennis & Pickleball courts and has direct access to the city's pathways & river network. Property is also close to LRT TRAIN station and CHINOOK centre. There is so much that this property offers. Don’t miss a RARE OPPORTUNITY to own this VALUABLE PROPERTY! More details
    Listed by CIR Realty
    LISTING DETAILS

  • 7321 & 7323 Huntertown Crescent NW, Calgary

    7321 & 7323 Huntertown Crescent NW Huntington Hills Calgary T2K 4K3
    Main Photo: 7321 & 7323 Huntertown Crescent NW, Calgary

    7321 & 7323 Huntertown Crescent NW Calgary T2K 4K3 Huntington Hills

    $925,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2208983
    Floor Area:
    2,613 sq. ft.
    INVESTMENT OPPORTUNITY : Full duplex in prime Huntington Hills location - SEPARATE ENTRANCE TO UNFINIISHED BASEMENT FOR POTENTIAL FUTURE EXTRA INCOME. Discover the perfect addition to your real estate portfolio with this exceptional full duplex, strategically located in the sought after community of Huntington Hills. This property offers a unique investment opportunity, combining immediate rental income potential with promising future appreciation. PRIME LOCATION - Nestled in a vibrant neighborhood, this duplex is just steps away from local parks and playgrounds, making it an ideal choice for families. Its close proximity to top rated schools, shopping centers and essential conveniences adds to the property's allure, ensuring a high demand from potential tenants. ATTRACTIVE RENTAL POTENTIAL - The strategic positioning within Huntington Hills guarantees a consistent rental demand. Each unit in the duplex is designed for comfortable living, appealing to a wide range of renters looking for quality housing in a central location. FUTURE APPRECIATION - With minimal updates needed, this property presents an opportunity for both seasoned and first time investors to capitalize on the potential for significant appreciation. Whether you're looking to renovate and increase the property's value or maintain its current condition and enjoy steady income, this duplex offers flexibility and promise. INVESTMENT HIGHLIGHTS - Full duplex with two separate units; In demand location in Huntington Hills; Close to schools, parks, and shopping; High rental demand area; Potential for future property appreciation. Seize this opportunity to invest in a high potential property in one of the area's most desirable neighbourhoods. Contact us today to schedule a viewing and explore the possibilities this duplex holds for your investment strategy. More details
    Listed by RE/MAX Landan Real Estate
    LISTING DETAILS

  • 4408 33 Avenue SW, Calgary

    4408 33 Avenue SW Glenbrook Calgary T3E 0Y5
    Main Photo: 4408 33 Avenue SW, Calgary

    4408 33 Avenue SW Calgary T3E 0Y5 Glenbrook

    $975,000
    Residential
    Status:
    Active
    MLS® Num:
    A2214922
    Bedrooms:
    7
    Bathrooms:
    2
    Floor Area:
    2,026 sq. ft.
    Rare Investment Opportunity in Sought-After Glenbrook! Discover this fully renovated side-by-side duplex—a prime offering in one of Calgary’s most desirable communities. Perfectly located within walking distance to schools, parks, shopping, and every essential amenity. This unique property features: Unit 4408: 3 spacious bedrooms upstairs plus a fully developed basement with an additional bedroom. Unit 4410: 2 bedrooms up and 1 bedroom in the basement—ideal for families, guests, or rental potential. Professionally renovated kitchens and bathrooms in both units, offering modern finishes and thoughtful design. A double detached garage with a dividing wall, providing each unit with private, secure parking. Whether you're an investor looking for strong rental potential or a homeowner seeking a mortgage helper, this property checks all the boxes. Don’t miss out—book your private viewing today! More details
    Listed by RE/MAX Real Estate (Mountain View)
    LISTING DETAILS

  • 1727 12 Avenue SW, Calgary

    1727 12 Avenue SW Sunalta Calgary T3C 0R5
    Main Photo: 1727 12 Avenue SW, Calgary

    1727 12 Avenue SW Calgary T3C 0R5 Sunalta

    $1,299,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2215116
    Floor Area:
    3,012 sq. ft.
    Prime location and revenue generating property in desirable community of Sunalta, within walking distance to Sunalta C-Train station and a lots of shopping/dining options. Also close to some of Calgary's best schools (Western Canada, Mount Royal, Sacred Heart), and nearby tennis courts for active living. This well maintained 2 storey, four unit building is zoned M-CG d111 with potential monthly revenue over $7000 City assessment as 4-plex available. Both 2 storey units feature 3 bedrooms and laundry; one with a full bath and 2 pc en suite; the other with a full bath, 3 pc en suite, and 2 pc powder room on the main floor. Basement units (2 bed/1 bath and 1 bed/1 bath) include private access from common entry way/landing and shared laundry room. 4 parking stalls accessible from rear laneway. Exceptional revenue and/or development value More details
    Listed by Royal LePage METRO
    LISTING DETAILS

  • 2526 16 Street, Calgary

    2526 16 Street Bankview Calgary T2T 4E9
    Main Photo: 2526 16 Street, Calgary

    2526 16 Street Calgary T2T 4E9 Bankview

    $4,100,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2214661
    Floor Area:
    7,600 sq. ft.
    Investor Alert – Brand New 8-Plex in Prime Calgary SW (Bankview) Seize this rare opportunity to own a brand-new luxury 8-plex in the heart of prestigious Bankview, one of Calgary’s most desirable Southwest communities. With over 7,600 sq. ft. of total living space, this purpose-built income property is designed for maximum cash flow, featuring legal basement suites in every unit for enhanced flexibility and rental yield. Each building includes 4 spacious main dwellings, ranging from 1,830 to 1,950 sq. ft., paired with legal one-bedroom basement suites between 400 and 550 sq. ft. The second garage in each unit has been cleverly repurposed to expand the basement, creating more livable space, while still offering a single attached garage and double driveway per unit for ample parking. ?? Rental Income Potential: Main units: $3,500 – $4,500/month Basement suites: $1,500/month Total projected rent: $20,000 – $24,000/month Similar nearby units rent at $30/sq. ft., underscoring the income potential. ??? Key Investment Highlights: Eligible for CMHC Select Financing – reduce financing costs and increase ROI Located in a high-demand rental area with proven stability Turnkey setup—ready for immediate income generation Ideal for short- and long-term appreciation in a growth-oriented market ??Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside. ?? Hurry—this opportunity won’t last long! Contact us today to schedule a viewing or request the investor package. More details
    Listed by First Place Realty
    LISTING DETAILS

  • 1435 38 Street SW, Calgary

    1435 38 Street SW Rosscarrock Calgary T3C 1T6
    Main Photo: 1435 38 Street SW, Calgary

    1435 38 Street SW Calgary T3C 1T6 Rosscarrock

    $929,000
    Residential
    Status:
    Active
    MLS® Num:
    A2213425
    Bedrooms:
    6
    Bathrooms:
    5
    Floor Area:
    3,532 sq. ft.
    ATTENTION DEVELOPERS & INVESTORS** 50 FT FRONTAGE!! 125 FT DEPTH!! Prime Investment opportunity and/or holding property for future redevelopment! Welcome to 1435 38 Street SW in the heart of Roscarrock. This side by side duplex, currently with 2 with rental units, is located on a quiet street within walking distance to schools, parks, Westbrook Mall shopping, Shaganappi Golf Course, the C-Train and much more. The main levels on each side have spacious living/dining areas, 2 bedrooms, full 4pc bath and bright kitchens. The lower levels, which have direct access entrances, are partially finished each with a bathroom, and bedrooms (no egress windows), recreation areas and laundry.This property also features a west facing backyard and each side has an alley access parking pad, and half of the shared double garage. Excellent Location. Don’t miss out on this fantastic opportunity to own a revenue generating property or hold for future redevelopment. Book your showing today! More details
    Listed by Greater Calgary Real Estate
    LISTING DETAILS

  • 11432 Elbow Drive SW, Calgary

    11432 Elbow Drive SW Southwood Calgary T2W 2E6
    Main Photo: 11432 Elbow Drive SW, Calgary

    11432 Elbow Drive SW Calgary T2W 2E6 Southwood

    $950,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2213404
    Floor Area:
    2,196 sq. ft.
    Attention Investors and Renovators!! Prime investment property in a great Location! Rare opportunity to own this 4-plex in Southwood which has 3 bedrooms in each unit featuring an individual furnace, hot water tank and wood burning fire place and one parking spot for each unit. Steps from the Anderson Road LRT and just across Macleod Trail from Southcentre Mall, making it the ideal location for tenants whether they commute or work in the area. The property has great bones but needs work which is reflected in the pricing. Don't miss out on this opportunity, call your preferred Realtor More details
    Listed by Maara Realty Inc
    LISTING DETAILS
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Data was last updated May 7, 2025 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.