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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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  • 53,55 Dovercliffe Way SE, Calgary

    53,55 Dovercliffe Way SE Dover Calgary T2B 1W6
    Main Photo: 53,55 Dovercliffe Way SE, Calgary

    53,55 Dovercliffe Way SE Calgary T2B 1W6 Dover

    $949,900
    Residential
    Status:
    Active
    MLS® Num:
    A2268038
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,099 sq. ft.
    An investor or owner-friendly opportunity with cash flow today and options for tomorrow. This well-kept full duplex—under single ownership with two separate titles—offers nearly 2,200 sq. ft. per side (up + down) and four suites of income potential. Each main floor features three bedrooms and 1.5 baths, while the lower levels include two illegal two-bed/one-bath basement suites. Appliances are included (four stoves, four fridges, and two washers/two dryers), and rear off-street parking comfortably fits four or more vehicles. Long-term tenants are in place at a combined ~$5,000/month and would like to stay, providing immediate stability for a buy-and-hold strategy. Set on a generous parcel measuring approximately 80' frontage × 55' rear × 113' depth (~7,425 sq. ft./~690 m²), the property is well positioned for future plans. Calgary’s citywide rezoning to R-CG (Residential—Grade-Oriented) supports low-density multi-unit forms in many established areas—potentially up to 10 units and 3 storeys, with the possibility of secondary suites (buyer to confirm all details, approvals, and requirements with the City). Separate titles add flexibility for refinancing, phased redevelopment, or future disposition of one side while holding the other. Well maintained, well located, and easy to envision long term, this duplex delivers turn-key revenue with clear upside. Measurements are for #53, with #55 identical in size. More details
    Listed by eXp Realty
    LISTING DETAILS

  • 1322 34 Street SE, Calgary

    1322 34 Street SE Albert Park/Radisson Heights Calgary T2A 0Z9
    Main Photo: 1322 34 Street SE, Calgary

    1322 34 Street SE Calgary T2A 0Z9 Albert Park/Radisson Heights

    $2,750,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2267763
    Floor Area:
    5,824 sq. ft.
    Brand-New 4-Plex in Radisson Heights – Facing Green Space, Legal Basement Suites & Garages Discover an exceptional opportunity to own a newly built, high-performing 4-plex in Radisson Heights, one of Calgary’s most accessible and fast-developing inner-city communities. Purpose-built for investors and modern living, this property combines architectural sophistication, premium finishes, and impressive income potential. Perfectly positioned facing a beautiful green space, the property offers peaceful surroundings and enhanced curb appeal—an ideal balance of urban convenience and open-air tranquility. Each of the four main units features a spacious two-storey layout with 3 bedrooms on the upper level, including a primary suite with private ensuite bathroom. The open-concept main floor offers bright living spaces, designer kitchens with quartz countertops and stainless steel appliances, and luxury vinyl plank flooring throughout for durability and modern style. Every unit includes a fully legal 2-bedroom basement suite with its own private entrance, creating eight self-contained dwellings in total. Each suite is equipped with an independent mechanical room, ensuring separate utilities and ease of management—ideal for maximizing rental flexibility and return. Adding to the property’s functionality and appeal are four private garage parking stalls, offering secure and convenient tenant parking—an attractive feature that enhances both value and marketability. The exterior showcases contemporary architecture, premium materials, and professional landscaping, presenting a cohesive, high-end look rarely found in comparable multi-family developments. Located just minutes from downtown Calgary, with easy access to major roadways, public transit, schools, parks, and amenities, this property is ideally positioned for strong rental demand and long-term growth. Eligible for CMHC Select Financing, this is a rare opportunity to acquire a turnkey, income-generating asset in a prime inner-city location. Contact us today for full details or to schedule a private tour. More details
    Listed by URBAN-REALTY.ca
    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:
    A2268016
    Floor Area:
    6,132 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—meticulously designed by MCA Construction Group—comes with a fully approved Development Permit with the Building Permit underway, putting you on the fast track to construction and returns. This critical milestone significantly reduces development risk and accelerates your timeline to completion. Additionally the DP levy has been fully paid. 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 nearly 9,000 sq ft of livable space, the project features eight thoughtfully designed units: Four spacious 3-bedroom, 2.5-bathroom upper units (1,533 sq ft each) and Four well-appointed 1-bedroom, 1-bath lower units (680 sq ft each) All units include in-suite laundry, with lower units 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. With all major approvals in place and construction services available through MCA Construction Group, 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. With key approvals already in place, the path to construction and income is clear—this is your opportunity to build in one of Calgary’s most promising neighborhoods. More details
    Listed by TREC The Real Estate Company
    LISTING DETAILS

  • 2114 4 Street NE, Calgary

    2114 4 Street NE Winston Heights/Mountview Calgary T2E 1S9
    Main Photo: 2114 4 Street NE, Calgary

    2114 4 Street NE Calgary T2E 1S9 Winston Heights/Mountview

    $3,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2266899
    Floor Area:
    5,016 sq. ft.
    Exceptional Investment Opportunity in Winston Heights – Brand-New, High-Yield 4-Plex! Discover an extraordinary chance to elevate your real estate portfolio with this architecturally striking, purpose-built 4-plex located in the heart of Winston Heights; one of Calgary’s most desirable inner-city communities. Renowned for its central location, proximity to downtown, strong rental demand, and vibrant character, Winston Heights provides the perfect setting for this high-performing income property. This newly constructed development features four modern townhomes, each offering three spacious bedrooms and separate mechanical rooms for upper and lower units. Every townhome is complemented by a fully legal one-bedroom basement suite, bringing the total to eight self-contained rental units, each with a private entrance and independent mechanical systems. This rare configuration delivers exceptional income potential and operational flexibility. The property’s curb appeal is undeniable; showcasing timeless architecture with clean lines, premium materials and a cohesive, boutique aesthetic. Professional landscaping, modern exterior lighting and a unified facade create a sophisticated and enduring impression. Inside, each suite is finished with high-quality, low-maintenance materials designed for style, comfort, and longevity: quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and oversized energy-efficient windows—all contributing to lower operating costs and long-term tenant appeal. Ideally located just minutes from downtown Calgary, with quick access to major roadways, public transit, parks, schools, and everyday amenities, this property offers unmatched convenience for tenants and impressive returns for investors. This 8-unit asset (4 townhomes, each with a legal suite) may also qualify for CMHC’s MLI Select program, potentially allowing for reduced down payments and extended amortizations (subject to lender and CMHC approval). Don’t miss your opportunity to own one of Calgary’s most visually stunning and intelligently designed multi-family investments. Contact us today for full details! More details
    Listed by TREC The Real Estate Company
    LISTING DETAILS

  • 433 53 Avenue SW, Calgary

    433 53 Avenue SW Windsor Park Calgary T2V 0B8
    Main Photo: 433 53 Avenue SW, Calgary

    433 53 Avenue SW Calgary T2V 0B8 Windsor Park

    $2,999,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2268062
    Floor Area:
    4,976 sq. ft.
    A rare opportunity to own a brand-new 4plex with 4 legal basement suites — a total of 8 self-contained units combining modern design, exceptional construction quality, and unbeatable inner-city convenience. Located in the desirable community of Windsor Park, just steps from Chinook Centre, Britannia Plaza, schools, and major transit routes, this property offers a premium investment opportunity with strong rental demand. Each upper unit features 3 bedrooms, 2.5 bathrooms, and an open-concept main floor with designer kitchens, quartz countertops, and luxury vinyl plank flooring. The legal basement suites include 9-ft ceilings, 2 bedroom, 1 bathroom, and bright, functional layouts with private side entrances — ideal for maximizing rental income or multi-generational living. Designed and built to the highest standards, this project showcases a modern architectural aesthetic, durable exterior materials, and thoughtful layouts throughout. With 8 rentable units and ample parking, it presents an exceptional opportunity for investors seeking steady cash flow and long-term appreciation. Eligible for CMHC MLI Select (subject to lender and CMHC approval) — allowing potential low down payment and extended amortization. A true turnkey multi-family investment in one of Calgary’s most central and accessible neighborhoods. More details
    Listed by MaxWell Canyon Creek
    LISTING DETAILS

  • 4832 20 Avenue NW, Calgary

    4832 20 Avenue NW Montgomery Calgary T3B 0V3
    Main Photo: 4832 20 Avenue NW, Calgary

    4832 20 Avenue NW Calgary T3B 0V3 Montgomery

    $3,200,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2267560
    Floor Area:
    4,330 sq. ft.
    Modern Courtyard 4-Plex in Montgomery — 8 total units (4 upper homes + 4 legal basement suites). CMHC MLI-Select qualified, offering investors favorable financing terms. The duplex-courtyard-duplex layout delivers exceptional privacy, abundant natural light, and generous outdoor separation, creating a quiet, low-density feel rarely found in multi-unit builds. This design not only enhances livability but also supports higher rental income thanks to the added privacy and expanded green space between homes. Each upper residence features 3 bedrooms and 2.5 bathrooms, while each legal suite includes 1 bedroom and 1 bathroom, complete with a full kitchen and in-suite laundry. Finishes can be customized to buyer preference before completion. The property provides 4 dedicated parking stalls and thoughtfully landscaped outdoor areas designed for both functionality and privacy. Prime Montgomery location — steps to the Bow River pathways, Shouldice Park, and local schools, with fast access to the University of Calgary, Foothills Hospital, and Market Mall. Under 10 minutes to Canada Olympic Park (WinSport) and the Trans-Canada Highway, making mountain getaways easy — about 1 hour to Canmore and 1 hour 15 minutes to Banff. Expected completion: August 2026. More details
    Listed by Grand Realty
    LISTING DETAILS

  • 522 & 524 27 Avenue NW, Calgary

    522 & 524 27 Avenue NW Mount Pleasant Calgary T2M 2H8
    Main Photo: 522 & 524 27 Avenue NW, Calgary

    522 & 524 27 Avenue NW Calgary T2M 2H8 Mount Pleasant

    $1,300,000
    Residential
    Status:
    Active
    MLS® Num:
    A2267141
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,970 sq. ft.
    Mount Pleasant – 522 & 524 27 Avenue NW: INVESTOR ALERT! Immaculate FULL SIDE-BY-SIDE DUPLEX on a 50’ x 120’ lot in the heart of Mount Pleasant - a prime inner-city location. Each side offers over 1,900 sq. ft. of developed space with two separate private entrances, 2 + 2 bedrooms, and 2 full bathrooms. The main level features a bright kitchen, dining area, two bedrooms, and a 4-piece bath. The fully finished lower level includes a second kitchen, dining area, spacious rec room, two additional bedrooms, a 4-piece bath, and laundry. The landscaped backyard includes a shared oversized double detached garage, plus each side has its own single gravel parking pad. This solid, well-built, and low-maintenance property is easy to manage - an excellent revenue/holding opportunity or ideal for owner-occupied/rental/multi-generational living. Perfectly located across from a green space and the Mount Pleasant Art Centre, within walking distance to Mount Pleasant Pool, Confederation Park, schools, SAIT, transit routes on 4th Street and Centre Street, coffee shops, restaurants, and more. Just minutes to downtown, U of C, major routes, and all amenities. Call for more info! More details
    Listed by CIR Realty
    LISTING DETAILS

  • 7425 20 Street SE, Calgary

    7425 20 Street SE Ogden Calgary T2C 0P9
    Main Photo: 7425 20 Street SE, Calgary

    7425 20 Street SE Calgary T2C 0P9 Ogden

    $2,690,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2267502
    Floor Area:
    4,660 sq. ft.
    A rare opportunity to acquire a brand-new 4-plex with 4 legal basement suites — a total of 8 fully self-contained rental units complete with 4 single garages — delivering exceptional income potential and long-term stability for any investor. Each basement suite features its own private entrance and a spacious 1-bedroom layout, maximizing privacy, tenant demand, and leasing flexibility. Designed with modern architecture and quality finishes throughout, this project stands out as one of the most attractive multi-family investments in Ogden’s rapidly evolving community. Located on an interior lot, it offers a quiet residential setting while still providing quick access to major corridors such as Glenmore Trail, Deerfoot Trail, and Stoney Trail, as well as proximity to employment hubs, Quarry Park, schools, and city transit — ensuring strong rental appeal. The upper units feature 3 bedrooms, 2 bathrooms, open-concept living spaces, and stylish kitchens with premium cabinetry and fixtures. The legal basement suites include 9’ ceilings, 1 bedroom, 1 bathroom, and well-planned layouts that create bright and comfortable living areas. Built to a higher construction standard with thoughtful design and a practical garage-access configuration, this 8-unit income property also qualifies for CMHC MLI Select (subject to lender/CMHC approval), offering potential reduced down payment and extended amortization options. A beautifully built, turn-key multi-unit investment in one of Calgary’s most promising inner SE communities. More details
    Listed by MaxWell Canyon Creek
    LISTING DETAILS

  • 3715 14 Street NW, Calgary

    3715 14 Street NW Collingwood Calgary T3B 5K1
    Main Photo: 3715 14 Street NW, Calgary

    3715 14 Street NW Calgary T3B 5K1 Collingwood

    $1,249,999
    Residential
    Status:
    Active
    MLS® Num:
    A2267508
    Bedrooms:
    9
    Bathrooms:
    5
    Floor Area:
    1,852 sq. ft.
    4 UNITS - Located just north of downtown in the highly sought-after community of Collingwood, this well-maintained full duplex with two illegal basement suites presents an incredible opportunity for investors. Featuring a total of four self-contained units—each with separate entrances—this property offers strong rental income and long-term value growth in a great community. Each main floor suite offers a spacious 2-bedroom, 1-bathroom layout with bright living areas, functional kitchens, and private laundry. The lower-level suites include 1-2 bedrooms, full kitchens, and their own bathrooms, providing flexibility for extended family or steady rental revenue. The property has been well cared for, with thoughtful updates, solid mechanicals, and excellent tenants already in place. Outside, enjoy a west-facing backyard that captures the evening sun, a detached double garage, and ample street parking. Sitting on a large 557 sq. m lot (R-CG zoning), this property also holds future redevelopment potential in one of Calgary’s most established communities—just minutes from SAIT, U of C, Confederation Park, and downtown. Whether you’re looking to expand your investment portfolio or live in one unit while renting the others, this Collingwood duplex delivers the perfect combination of location, stability, and upside potential. More details
    Listed by The Real Estate District
    LISTING DETAILS

  • 1511 23 Avenue NW, Calgary

    1511 23 Avenue NW Capitol Hill Calgary T2M 1V2
    Main Photo: 1511 23 Avenue NW, Calgary

    1511 23 Avenue NW Calgary T2M 1V2 Capitol Hill

    $2,979,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2267276
    Floor Area:
    5,190 sq. ft.
    An exceptional opportunity to own a brand-new 4plex with 4 legal basement suites—a total of 8 self-contained rental units complete with 4 single garages, offering outstanding income potential and long-term value. Each basement suite has its own private entrance, ensuring privacy and flexibility for tenants. Showcasing modern architecture and premium finishes, this property stands out as one of Calgary’s most impressive multi-family builds. Perfectly located in Capitol Hill, just off 14th Street NW, it provides unbeatable access to SAIT, the University of Calgary, Confederation Park, hospitals, downtown, and major transit routes. The upper units each offer 3 bedrooms, 2 bathrooms, open-concept living and dining areas, and a spacious kitchen with high-end finishes. The basement suites feature 9-ft ceilings, 1 bedroom, 1 bathroom, and bright, functional layouts designed for comfort and efficiency. Built to a higher standard with superior construction quality and a unique drive-in design, this property combines form and function beautifully. Eligible for CMHC’s MLI Select program, offering potential low down payments and extended amortizations (subject to lender and CMHC approval). A rare chance to secure a turnkey 8-unit property in one of Calgary’s most desirable inner-city neighborhoods. Feel free to reach out for more details More details
    Listed by MaxWell Canyon Creek
    LISTING DETAILS

  • 7604 21A Street SE, Calgary

    7604 21A Street SE Ogden Calgary T2C 0W2
    Main Photo: 7604 21A Street SE, Calgary

    7604 21A Street SE Calgary T2C 0W2 Ogden

    $2,790,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2267496
    Floor Area:
    5,251 sq. ft.
    A rare opportunity to acquire a brand-new 4-plex with 4 legal basement suites — a total of 8 fully self-contained rental units complete with 4 single garages — delivering exceptional income potential and long-term stability for any investor. Each lower suite enjoys its own private entrance, maximizing privacy, tenant appeal, and flexibility for leasing. Crafted with modern architecture and upscale finishes, this build stands out as one of the most impressive multi-family offerings in the SE corridor. Situated in the rapidly transforming community of Ogden, it offers quick access to major arteries including Glenmore Trail, Deerfoot Trail, Stoney Trail, industrial employment hubs, Quarry Park, downtown transit routes, schools, and amenities — making it an ideal, high-demand rental location. The upper units feature 3 bedrooms, 2 bathrooms, bright open-concept living and dining spaces, and contemporary kitchens with premium finishing throughout. The legal basement suites include 9' ceilings, 2 bedroom, 1 bathroom, and well-planned layouts for efficient and comfortable living. Built to a higher construction standard with thoughtful design, including a unique drive-in configuration for easy garage access, this 8-unit asset is also eligible for CMHC MLI-Select (subject to lender/CMHC approval), allowing potential reduced down payment and extended amortization options. A true turn-key multi-unit investment in a high-growth SE community — opportunities of this caliber are rarely available. Contact for full details. More details
    Listed by MaxWell Canyon Creek
    LISTING DETAILS

  • 6525 & 6527 58 Street NW, Calgary

    6525 & 6527 58 Street NW Dalhousie Calgary T3A 2A4
    Main Photo: 6525 & 6527 58 Street NW, Calgary

    6525 & 6527 58 Street NW Calgary T3A 2A4 Dalhousie

    $1,100,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2265483
    Floor Area:
    2,170 sq. ft.
    Full duplex with separate Titles directly across from West Dalhousie Elementary School. Total of eight bedrooms (four per side) with side entrances and independent private back yards. Enter into 6525 with new vinyl planking throughout, 6527 has bamboo planking and carpet throughout. Freshly painted including bright, white kitchen with mosaic backsplash. Open concept main floor including vaulted living room with exposed beam with floor to ceiling brick facing wood burning fireplace with raised hearth. Access to front balcony overlooking greenspace and treed front yard. Separate side entrance could be renovated as private entrance to basement. Raised private back yards with access to back alley and large four car parking pad with room for detached garage. Close to LRT and great access to all amenities. More details
    Listed by Western Gold Real Estate
    LISTING DETAILS
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Data was last updated November 3, 2025 at 10:05 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.