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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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  • 1636 19 Avenue NW, Calgary

    1636 19 Avenue NW Capitol Hill Calgary T2M 1B1
    Main Photo: 1636 19 Avenue NW, Calgary

    1636 19 Avenue NW Calgary T2M 1B1 Capitol Hill

    $3,125,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2347743
    **Capitol Hill, NW, ** Close to SAIT and University. This thoughtfully designed courtyard-style 4-plex offers a unique blend of modern living, functional layouts, and strong income potential. The development features four upper homes and four self-contained basement suites, creating a total of eight residential units arranged around a welcoming central courtyard. At the front of the property are two striking three-storey homes designed to create a strong architectural presence from the street. Each front residence offers three bedrooms and 2.5 bathrooms spread across three levels, providing spacious and comfortable living for families or long-term tenants. The main level features open and functional living spaces ideal for everyday living and entertaining. The highlight of these homes is the private third-floor master retreat, which includes a spacious primary bedroom with an ensuite bathroom and direct access to a private balcony. This upper-level suite offers a quiet and elevated living space, perfect for relaxation while enjoying fresh air and views from the balcony. The remaining bedrooms are thoughtfully positioned to provide flexibility for family living, home offices, or guest rooms. At the rear of the property are two well-designed two-storey homes, each also offering three bedrooms and 2.5 bathrooms. These homes feature practical and comfortable layouts that maximize usable living space while maintaining privacy and functionality. The primary bedroom includes its own ensuite bathroom, creating a private retreat within the home. The additional bedrooms provide flexibility for families, shared living arrangements, or work-from-home setups. Adding significant value and versatility to the property are four independent basement suites. The lower level includes two two-bedroom suites and two one-bedroom suites, each designed as a fully self-contained living space with separate access. These suites provide excellent rental opportunities and allow for diversified income streams within a single property. The development is centered around a private shared courtyard, creating a welcoming outdoor environment for residents. This courtyard concept enhances the sense of community while maintaining privacy for each home. Parking and storage needs are addressed with four single garages, offering secure and convenient parking for residents. This well-planned multi-family property represents a rare opportunity to combine comfortable residential living with strong long-term investment potential in a thoughtfully designed courtyard community. Walking distance to shopping at North Hill Mall, C-Train, Confederation Park and pathways, SAIT. Minutes to the downtown core, U of C, Foothills and Children's Hospitals and so much more. More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • 416 & 418 33 Avenue NE, Calgary

    416 & 418 33 Avenue NE Winston Heights/Mountview Calgary T2E 2J1
    Main Photo: 416 & 418 33 Avenue NE, Calgary

    416 & 418 33 Avenue NE Calgary T2E 2J1 Winston Heights/Mountview

    $945,000
    Residential
    Status:
    Active
    MLS® Num:
    A2346436
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,797 sq. ft.
    Full duplex on a huge 66 ft x 115 ft lot with two illegal basement suites, strong rental upside, and a high-demand location that keeps tenants connected. Each upper unit offers 899 sq. ft. with a functional 2 bedroom, 1 bathroom layout, including a large kitchen, dining area, and bright South exposed living room. Each illegal basement suite has its own side entrance and offers 766 sq. ft. with a 2 bedroom, 1 bathroom configuration. The property is well maintained and currently rented to long-term tenants, with one of the four units vacant and ready for a new tenant at current market rates. New tile work in 416A entry and bathroom. Newer tile work in 418B bathroom. A double detached garage at the rear provides two parking spaces, plus two additional stalls for a total of four parking spaces. There is also plenty of side yard patio space, adding useful outdoor area for tenants. Located just off Edmonton Trail, this property offers quick access to downtown, East Calgary, Deerfoot Trail, Greenview Industrial Park, and is only blocks from the planned future Green Line expansion. This multi-family property offers excellent long-term potential for investors looking to add value, improve rents, and hold in a highly accessible, desirable inner-city location. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 1832 27 Avenue NW, Calgary

    1832 27 Avenue NW Capitol Hill Calgary T2M 2J5
    Main Photo: 1832 27 Avenue NW, Calgary

    1832 27 Avenue NW Calgary T2M 2J5 Capitol Hill

    $3,300,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2345078
    Make this investment the cornerstone of your real estate portfolio! Exceptional new-construction investment opportunity in Capitol Hill, one of Calgary’s most desirable inner-city communities. Backing directly onto Confederation Park Golf Course and scenic walking and biking paths, this purpose-built development combines an outstanding location with modern construction and excellent long-term investment potential. Anticipated completion and closing is Spring 2027, giving buyers valuable time to arrange financing, including the opportunity to explore CMHC MLI Select financing. The project features eight suites across this thoughtfully designed corner-lot development. The spacious upper units offer approximately 1,361 sq. ft. with three bedrooms and 2.5 bathrooms, complemented by generous 622 sq. ft. one-bedroom, 1 full bath plus den lower suites. A four-car detached garage with lane access further enhances the functionality and appeal of the property. Situated on a 6,000 sq. ft. corner lot, the south facing development offers larger-than-average layouts, excellent unit separation and impressive curb appeal compared with typical inner-city infill properties. Durable finishes, low-maintenance Hardie board exteriors and high-efficiency HVAC systems are designed to provide long-term performance while helping minimize ongoing maintenance. The location is equally impressive. Residents will be minutes from SAIT, the University of Calgary, Foothills Medical Centre and Alberta Children’s Hospital, while enjoying convenient access to downtown Calgary, 16th Avenue and major transit routes. The combination of employment centers, post-secondary institutions, healthcare facilities and recreation makes Capitol Hill an exceptionally attractive rental location. This is a rare opportunity to acquire a brand-new, purpose-built, eight-suite investment property in a highly sought-after inner-city community, with completion scheduled for Spring 2027. Modern construction, spacious floorplans, an exceptional park-side location and strong long-term rental potential make this an outstanding addition to any real estate portfolio. More details
    Listed by Real Broker
    LISTING DETAILS

  • 2639 36 Street SW, Calgary

    2639 36 Street SW Killarney/Glengarry Calgary T3E 2Z7
    Main Photo: 2639 36 Street SW, Calgary

    2639 36 Street SW Calgary T3E 2Z7 Killarney/Glengarry

    $3,899,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2346304
    Floor Area:
    7,574 sq. ft.
    RARE THREE-STOREY 8-PLEX IN KILLARNEY | 3-BEDROOM UPPER UNITS | 3.5 BATHROOMS EACH, a rare opportunity to acquire a beautifully designed 8-plex in the highly sought-after community of Killarney, offering an exceptional unit mix and a premium rental product designed to maximize tenant appeal and rental income potential. Located on popular 36 Street, the property is close to an abundance of shopping, restaurants, services and everyday amenities, with excellent access to major roadways and surrounding communities. The four upper residences are truly exceptional and rarely found in the Calgary multifamily market. Each offers nearly 1,900 sq. ft. across three full levels, with 3 bedrooms and an incredible 3.5 bathrooms. Each bedroom features its own private ensuite, complemented by an additional powder room — an exceptionally rare configuration for a rental property and a major advantage for attracting quality tenants. The top floor also features a spacious bonus room and wet bar, providing highly desirable flexible living space that can function as a family room, media room, home office or entertaining area. Combined with the generous square footage and exceptional bathroom count, these upper units offer the feel and functionality of a high-end townhome rather than a typical multifamily rental. Modern, durable finishes include LVP flooring throughout, quartz countertops, floor-to-ceiling cabinetry and MDF closet organizers. The thoughtful layouts and abundance of storage further enhance the functionality and long-term rental appeal. The four lower-level residences are approximately 650 sq. ft. each and feature a desirable 1-bedroom + den, 1-bathroom layout. The den adds valuable flexibility for a home office, guest space or additional living area, creating another highly marketable rental configuration. The combination of four exceptionally large 3-bedroom, 3.5-bathroom upper residences and four well-designed 1-bedroom + den lower units creates a diversified and highly rentable unit mix. With premium finishes, generous floor plans and a location surrounded by shopping and amenities, this property offers multiple opportunities to maximize rental income while providing tenants with a level of space and functionality rarely available in Calgary's multifamily rental market. 2369 36 Street SW is a standout 8-plex offering a truly uncommon combination of size, finish, functionality and rental versatility. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 128 40 Avenue NW, Calgary

    128 40 Avenue NW Highland Park Calgary T2K 0E3
    Main Photo: 128 40 Avenue NW, Calgary

    128 40 Avenue NW Calgary T2K 0E3 Highland Park

    $1,399,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2344541
    Floor Area:
    1,947 sq. ft.
    RARE INNER-CITY INVESTMENT OPPORTUNITY in the sought-after community of Highland Park! Ideally situated on a generous 67' x 120' lot, this legal fourplex offers an exceptional combination of location, income potential, and long-term redevelopment value. Residents will enjoy convenient access to schools, Tim Hortons, local shops, public transit, major roadways, and downtown Calgary. The property features three spacious two-bedroom units and one one-bedroom unit, complemented by numerous upgrades and a brand-new coin-operated washer and dryer. Additional highlights include a newer 24' x 21' double detached garage, three additional parking stalls, a storage shed, a large patio, and a beautifully landscaped, fully fenced private yard. A well-maintained income property in a highly accessible inner-city location—an excellent opportunity for investors or future redevelopment. More details
    Listed by eXp Realty
    LISTING DETAILS

  • 419 Huntsville Crescent NW, Calgary

    419 Huntsville Crescent NW Huntington Hills Calgary T2K 4W3
    Main Photo: 419 Huntsville Crescent NW, Calgary

    419 Huntsville Crescent NW Calgary T2K 4W3 Huntington Hills

    $1,199,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2344457
    Floor Area:
    1,984 sq. ft.
    **INVESTOR ALERT!** An exceptional opportunity to own a **fully rented 4-unit income property with additional garage revenue** at **419 Huntsville Crescent NW**. Offering approximately **3,845 SQ FT of total developed living space**, this property features **2 main-floor units, 2 basement units, plus a double detached garage rented separately**, creating multiple income streams from one outstanding investment. 8600 SQFT LOT SIZE!! The **two main-floor units are 938 SQ FT each** and offer functional, spacious layouts designed for comfortable everyday living. Each unit features **3 bedrooms**, including a generous primary bedroom, a full bathroom, private laundry/mechanical area, kitchen, dining room, spacious living room and its own **private deck**. The well-planned layouts maximize usable living space while providing each tenant with a completely self-contained residence. The **two basement units are 889 SQ FT each** and provide equally impressive layouts. Each basement unit features **3 bedrooms**, a full bathroom, kitchen, dining area, spacious living room and its own dedicated laundry/mechanical area. With a total of **12 bedrooms across the four residential units**, this property offers excellent rental flexibility and strong income-producing potential. Best of all, the property is currently **FULLY RENTED and generating income from day one!** The **2 main-floor units rent for $1,600/month each**, producing **$3,200/month**. The **2 basement units rent for $1,500/month each**, producing another **$3,000/month**. The **double detached garage is separately rented for $350/month**, adding another valuable income stream. Combined, the property currently generates **$6,550 in gross monthly rental income or $78,600 in gross annual rental income**. Annual property taxes are approximately **$6,649.90**. Another major advantage for investors is the utility setup. **ALL 4 RESIDENTIAL UNITS HAVE SEPARATE UTILITY METERS, AND TENANTS PAY THEIR OWN UTILITIES**, helping reduce the owner's ongoing operating expenses and making the property easier to manage. The separately rented **double detached garage generates an additional $4,200 annually**, maximizing the property's income potential beyond the four residential units. With **4 self-contained residences, 12 total bedrooms, separate laundry facilities, separate utility meters, tenant-paid utilities, additional garage income and established tenants already in place**, this property has all the ingredients of a strong investment opportunity. Whether you're expanding an existing real estate portfolio or searching for a multi-unit property with multiple established revenue streams, **419 Huntsville Crescent NW offers an attractive combination of consistent income, functionality and long-term investment potential.** A rare **TURNKEY INVESTMENT OPPORTUNITY** generating **$78,600 in current gross annual rental income!** More details
    Listed by Real Broker
    LISTING DETAILS

  • 2404/2406 Richmond Road SW, Calgary

    2404/2406 Richmond Road SW Richmond Calgary T2T 5E4
    Main Photo: 2404/2406 Richmond Road SW, Calgary

    2404/2406 Richmond Road SW Calgary T2T 5E4 Richmond

    $949,900
    Residential
    Status:
    Active
    MLS® Num:
    A2344614
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,705 sq. ft.
    2404 & 2406 Richmond Road SW. Excellent side-by-side, full-duplex in a premium Calgary neighborhood. Situated on a large 586 square meter R-CG zoned corner lot (H-GO optional)! Due to its unique lot shape, location, and laneway corner, this lot has superb redevelopment potential. Already in an approved LAP (local area plan), this option for H-GO zoning allows for greater build height, density, and stacked developments. With 90' of frontage, plus the laneway corner aspect, entrances & parking features can be placed in many more formats than on a traditional lot. Both sides of the duplex mirror each other, featuring numerous updates throughout including mechanical systems, roofing, stainless steel appliances, quartz countertops, cabinetry, & other finishes. 2 bedrooms up on each side, with developed basements & large mechanical/storage areas. Both units feature fully fenced & private yards with sunny South exposure. The pride of ownership is evident throughout, highlighted by the proven income history of these two properties. Completely turn-key and ready for the next owner. Offering not only excellent revenue potential but also an attractive opportunity for owner-occupied mortgage help. Located in a prime location encompassing all the inner city has to offer including multiple schools nearby, shopping, trendy nightlife and restaurants, and easy access to major amenities like MRU, U of C, SAIT, Foothills Hospital, Chinook Mall, & more! Rarely do properties like this come for sale. 4 total parking spaces with 2 parking pads behind the units & 2 more on the laneway side of the property. More details
    Listed by RE/MAX Complete Realty
    LISTING DETAILS

  • 2731 & 2733 2731 17 Street NW, Calgary

    2731 & 2733 2731 17 Street NW Capitol Hill Calgary T2M 3S5
    Main Photo: 2731 & 2733 2731 17 Street NW, Calgary

    2731 & 2733 2731 17 Street NW Calgary T2M 3S5 Capitol Hill

    $980,000
    Residential
    Status:
    Active
    MLS® Num:
    A2344650
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,708 sq. ft.
    2731 and 2733 17 Street NW is a full duplex on 8,041 square feet of R-C2 land in Capitol Hill, offered as one non-subdivided title. Both sides are included in the sale, and both will be vacant at possession. For an income buyer, this is two separate doors on a single title in one of Calgary's most reliably rented neighbourhoods. The University of Calgary, SAIT, Foothills Medical Centre and the Alberta Children's Hospital are all within minutes, and demand in this pocket has been steady for decades. With both units empty, rents are set at today's market rather than inherited from the last agreement. For a builder, the land is the opportunity. Roughly 41 feet of frontage opens to a wide, irregular parcel running about 131 feet back to the lane, one of the larger holdings on the block and still under single ownership. R-C2 zoning supports two dwelling units on the parcel, with secondary suite potential, and the side by side duplex use is already established here. All development is subject to City of Calgary approval and independent due diligence. No assembly to negotiate, and no tenancy to work around. There is also a middle path. Lease both sides while approvals and drawings run their course, then build on your own timeline. The setting supports either plan. The rear lane T's onto Confederation Park Golf Course, a few steps from the 9th green, on a quiet cul-de-sac lined with mature trees. Capitol Hill has held its value through every cycle Calgary has run, and inner-city parcels of this size rarely come to market undivided. More details
    Listed by Real Broker
    LISTING DETAILS

  • 3222/3224 14 Street NW, Calgary

    3222/3224 14 Street NW Rosemont Calgary T2K 1H8
    Main Photo: 3222/3224 14 Street NW, Calgary

    3222/3224 14 Street NW Calgary T2K 1H8 Rosemont

    $1,275,000
    Residential
    Status:
    Active
    MLS® Num:
    A2344278
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,806 sq. ft.
    An exceptional turnkey investment opportunity generating over $95K gross income in the highly sought-after community of Rosemont. This fully renovated fourplex offers four self contained units, each featuring two spacious bedrooms, a full bathroom, separate laundry, and modern finishes (including new windows) completed in 2022. With fully legal basement suites and low-maintenance interiors, this property is designed to maximize cash flow while minimizing ongoing upkeep. Ideally situated with easy access to downtown Calgary, SAIT, and the University of Calgary, the location consistently attracts a strong tenant pool, helping to ensure stable occupancy year after year. Residents will appreciate the unique setting backing onto green space and fronting directly onto Confederation Park Golf Course, providing attractive views and a desirable lifestyle rarely found in income properties. Currently generating $7,950 per month in rental income and offering an approximate 5.2% cap rate, this is a compelling opportunity for investors seeking a well-positioned asset with strong income potential in one of Calgary’s most established and desirable inner-city communities. More details
    Listed by Real Broker
    LISTING DETAILS

  • 2550 19 Avenue SW, Calgary

    2550 19 Avenue SW Richmond Calgary T3E 1W9
    Main Photo: 2550 19 Avenue SW, Calgary

    2550 19 Avenue SW Calgary T3E 1W9 Richmond

    $3,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2343660
    Floor Area:
    5,268 sq. ft.
    An extraordinary turn-key multi-family 4Plex in Richmond Inner City Calgary. Featuring 8 distinct, revenue-generating units under a single title. 4 upper townhomes plus 4 legal basement suites for excellent rental income. Built for capital efficiency, this project is structured to potentially qualify for CMHC MLI Select financing, which can offer up to 95% Loan-to-Cost (as little as 5% down) and amortizations up to 50 years for eligible applicants. As a purpose-built multi-unit residential development with 4+ units, it may also qualify for the enhanced Federal GST Rental Housing Rebate — Additionally, as a purpose-built completely eliminating the 5% federal tax liability on completion under self-supply rules and putting tens of thousands back into the owner's capital account. Each of the 4 upper two-storey townhomes offers 1,317 sq. ft. of space with a main-floor open living/dining area, gourmet kitchen with island, half bath, and an upper level containing 3 bedrooms, 2 full baths (including primary en-suite), and laundry. The 4 lower legal suites each span 507 sq. ft. with a private entry, full kitchen, 1 bedroom, 4-piece bath, separate mechanicals, and in-suite laundry. A massive 1,012 sq. ft. 4-bay detached garage provides significant additional parking as well as rental income for tenant parking! Built to commercial-grade standards, the building features full interior fire sprinklers, separated electrical meters for direct tenant utility billing, and soundproofed party-wall assemblies. The main floor and basement ceilings come complete with 10' high ceilings and modern luxury finishes. An incredible location located in the heart of Richmond South West Calgary with easy access to downtown, Marda Loop, shopping and more! Contact today for floor plans, rental projections, and CMHC/GST financing details! More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • 5930 Trollinger Street NE, Calgary

    5930 Trollinger Street NE Thorncliffe Calgary T2K 3W6
    Main Photo: 5930 Trollinger Street NE, Calgary

    5930 Trollinger Street NE Calgary T2K 3W6 Thorncliffe

    $1,418,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2342875
    Floor Area:
    2,319 sq. ft.
    5930 and 5932 sold together: fully renovated full duplex with four vacant living areas, new appliances and major utility upgrades. This fully renovated side-by-side duplex includes both 5930 and 5932 Trollinger Street NE, sold together under one title and one LINC number. Each address features a three-bedroom main floor and a two-bedroom lower level with an additional den, providing a total of 10 bedrooms, two dens and four bathrooms. All four living areas are vacant and feature updated interiors, new appliances and new plumbing installed as part of the renovation. The lower levels have direct exterior entrances at grade rather than fully underground access. The property offers a generous front parking area, along with additional street parking. Conveniently located near public transit, schools, shopping and the Thorncliffe Community Centre. More details
    Listed by Bode Platform Inc.
    LISTING DETAILS

  • 7726 & 7728 34 Avenue NW, Calgary

    7726 & 7728 34 Avenue NW Bowness Calgary T3B 1N6
    Main Photo: 7726 & 7728 34 Avenue NW, Calgary

    7726 & 7728 34 Avenue NW Calgary T3B 1N6 Bowness

    $1,299,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2341586
    Floor Area:
    1,986 sq. ft.
    A rare opportunity to own a true purpose-built four-plex on a large lot in Bowness. Designed as four self-contained residences, the property features a four-corner layout with two units at the front and two at the rear, each with its own private entrance and functional two-level floor plan. Every unit offers a kitchen and living room on the main level, with two bedrooms, laundry and 1 bathroom downstairs, providing tenants with excellent separation between living and sleeping spaces. Each residence has its own furnace and hot water tank and is separately metered for gas and electricity, with tenants paying their own utilities. All four units also feature a private balcony and fully fenced yard, a major advantage for tenants with children or pets. The property includes rear parking for four vehicles, a storage shed, a roof replaced in 2016 and two recently replaced hot water tanks. Currently fully rented and generating $6,800 per month in rental income. Conveniently located close to transit, schools and shopping, helping attract a wide range of renters. A strong long-term investment in an established Calgary community with four purpose-built rental units and excellent tenant amenities. More details
    Listed by CIR Realty
    LISTING DETAILS
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Data was last updated September 27, 2026 at 08:05 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.