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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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1-12/20

  • 2842 41 Street SW, Calgary

    2842 41 Street SW Glenbrook Calgary T3E 3K8
    Main Photo: 2842 41 Street SW, Calgary

    2842 41 Street SW Calgary T3E 3K8 Glenbrook

    $924,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2195337
    Floor Area:
    1,786 sq. ft.
    Introducing a remarkable investment opportunity in the highly desirable Glenbrook neighborhood, one of Calgary’s most sought-after southwest communities. This fourplex is situated on a peaceful, tree-lined street, offering a tranquil atmosphere while providing exceptional convenience. Just minutes from public transit, it ensures a fast and easy commute to Calgary’s vibrant downtown, making it an ideal location for both tenants and owners. The property is surrounded by a wealth of amenities, including grocery stores, shopping centers, dining options, and recreational facilities. Nearby, you'll find lush parks and community green spaces, perfect for outdoor enthusiasts and families. Excellent schools, from elementary to high school, are within reach, while major roadways like Crowchild Trail and Sarcee Trail provide seamless connectivity to all parts of the city, making daily commutes and weekend getaways hassle-free. This fourplex features four spacious suites, each with two generously sized bedrooms, offering both comfort and functionality. Each unit includes private entrances, ensuring added privacy for tenants. Kitchens are functional and well laid out, leading to a large living room with bright windows, In-suite laundry which enhances convenience. The property includes ample parking, with a double garage and two additional designated stalls at the rear, making it easy for tenants to park. With tons of room for rental growth, this fourplex represents an excellent income-generating investment. Whether you’re an experienced investor or a first-time buyer, this property offers a perfect balance of location, convenience, and rental potential. With increasing demand for inner-city living, this property provides a low-risk investment with promising returns. Don’t miss this rare opportunity to secure a solid investment in Calgary’s thriving real estate market! More details
    Listed by eXp Realty
    LISTING DETAILS

  • 3432 Richmond Road SW, Calgary

    3432 Richmond Road SW Killarney/Glengarry Calgary T3E 4N6
    Main Photo: 3432 Richmond Road SW, Calgary

    3432 Richmond Road SW Calgary T3E 4N6 Killarney/Glengarry

    $1,450,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2195725
    Floor Area:
    1,120 sq. ft.
    ATTENTION BUILDERS and INVESTORS!!! HIT 2025 RUNNING WITH A GREAT MULTI-FAMILY BUILD. SAVE TIME AND MONEY. DEVELOPMENT PERMIT RELEASED, DEVELOPMENT SURVEY COMPLETED, DESIGN PLAN COMPLETED, DSSP COMPLETED, DEPOSIT TO CITY OF CALGARY COMPLETED. ALL THE HEAVY LIFTING IS DONE AND NOW YOU’RE READY TO BUILD ASAP! CMHC MLI SELECT ELIGIBLE , 8 LEGAL SUITES. EXCELLENT CASH FLOW PROJECTIONS AND CAPITAL APPRECIATION. CLOSE TO LRT/TRANSIT, 17 AVE, MOUNT ROYAL UNIVERSITY, NORTH GLENMORE PARK, WALMART, SHOPPING/RESTAURANTS AND QUICK COMMUTE TO DOWNTOWN More details
    Listed by TREC The Real Estate Company
    LISTING DETAILS

  • 254 23 Avenue NE, Calgary

    254 23 Avenue NE Tuxedo Park Calgary T2E 1V7
    Main Photo: 254 23 Avenue NE, Calgary

    254 23 Avenue NE Calgary T2E 1V7 Tuxedo Park

    $768,000
    Residential
    Status:
    Active
    MLS® Num:
    A2195490
    Bedrooms:
    10
    Bathrooms:
    4
    Floor Area:
    1,405 sq. ft.
    Rare Investment Opportunity – Fully Rented 10-Bedroom Duplex in Prime Inner-City Location! This is the lowest-priced full side-by-side duplex in Calgary, offering excellent cash flow and strong rental demand. Fully rented, the owner has never had trouble securing tenants. With 10 bedrooms, two full and two half baths, this spacious property features a 1,405 sq. ft. main floor and a 1,354 sq. ft. finished basement. Zoned R-CG, this property holds incredible future development potential for multi-family redevelopment. A single detached garage and a good-sized backyard add to its appeal, while easy access to public transit and proximity to downtown make it even more desirable. Easy to rezone to commercial use with City. A rare opportunity to own a high-performing rental property in a prime location—don’t miss out! More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • 206 43 Avenue SW, Calgary

    206 43 Avenue SW Parkhill Calgary T2S 1A9
    Main Photo: 206 43 Avenue SW, Calgary

    206 43 Avenue SW Calgary T2S 1A9 Parkhill

    $999,000
    Residential
    Status:
    Active
    MLS® Num:
    A2195138
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,984 sq. ft.
    FULL DUPLEX available in desirable Parkhill (one title). AMAZING opportunity to buy LAND in inner city now, rent both sides - or live here yourself & share costs + hold for future redevelopment. 55 x 100 ft lot. Basements are fully developed & have separate entrances: allowing possibility of adding 2 suites (subject to approval & permission by the city/municipality) - increasing the investment value! 1/2 duplexes selling in Parkhill for $525-595. NO condo fees! WALK to Stanley Park in mins. Located along Elbow River in SW Calgary, Stanley Park is a favourite destination for walking, running, picnicking, swimming, canoeing, tobogganing & lawn bowling. Ball Diamonds, Tennis, Pickleball. Direct access to the city's pathways & river network. 30 min walk to Mission/4th Street & all amenities, shopping, restaurants this vibrant area offers! Walk, bike, drive or take transit EASILY downtown! Close to Stampede Grounds! Airport easy 20 min drive. Close to LRT, Transit routes, Chinook centre. So many cool new breweries nearby in the "Barley Belt"! Roxboro off leash park close by. Take a walk around this neighbourhood & appreciate the growth. Homes selling here in the millions! WHOLE property measures at 3205.97 dev sq ft - 6 beds, 4 baths, 2 garages (upper=1983.78, lower=1222.19. 208 Side = 1598.63 dev sq ft (upper & lower), 3 beds, 2 baths, single garage. 206 Side = 1607.34 dev sq ft (upper & lower), 3 beds, 2 baths, single garage. You will appreciate refinished HW flooring on mn floors. The natural light & bright sunshine floods into both these upper level units & makes main level living/dining areas so welcoming!!!! Both sides have LARGE bedrooms, updated bathrooms. Both basements include large rec rooms, laundry, third bedrooms with EGRESS windows, full bathrooms & direct access to convenient attached single garages. Each side has a separate meter allowing utilities to be paid directly by each side/tenants. Roof, appliances, furnaces, hot water tanks = 2014. NEW fridge on 208 side. NEW washer/dryer on 206 side. Each side offers access to an amazing, private backyard space that is fully fenced. Your plants, dogs and/or kids will love it! Driveways offer parking for 2 cars on each side + loads of street parking. 206 has lower level tenant in place-till Aug 2025. Single male. Rent is $650.00/mth + 20% of utilities. Would love to stay! Home is NOT in the Flood Zone. Call your favorite agent to view this opportunity today! 2025 HOT WATER TANKS both sides. More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS

  • 3326-3328 41 Street SW, Calgary

    3326-3328 41 Street SW Glenbrook Calgary T3E 3L2
    Main Photo: 3326-3328 41 Street SW, Calgary

    3326-3328 41 Street SW Calgary T3E 3L2 Glenbrook

    $1,350,000
    Residential
    Status:
    Active
    MLS® Num:
    A2194384
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,845 sq. ft.
    Welcome to this stunning, fully renovated duplex located in the heart of Glenbrook! This exceptional property is a true gem, boasting modern finishes and an inviting open-concept layout that seamlessly combines style and functionality. Each unit has been meticulously designed to provide a comfortable and contemporary living experience. Step inside to discover brand-new kitchens equipped with sleek stainless steel appliances and beautiful countertops that make meal preparation a joy. Spacious living areas are drenched in natural light, creating an airy ambiance that enhances the overall appeal of the home. With separate entrances for each unit, this duplex offers both privacy and flexibility, making it an ideal investment for those seeking rental income or multigenerational living arrangements. The layout is perfect for tenants who desire their own space while still enjoying the benefits of communal living. Additionally, the property features a roof that is just two years old, ensuring durability and peace of mind for years to come. The inclusion of garages provides added convenience, offering secure parking and extra storage options for residents. Outside, the generous backyards provide private outdoor retreats that are perfect for entertaining friends or unwinding after a long day. Imagine hosting summer barbecues, enjoying quiet evenings under the stars, or cultivating a vibrant garden in these tranquil spaces. Situated in a vibrant neighborhood, this duplex is just a stone's throw away from parks, shops, and dining options, allowing residents to fully immerse themselves in the local community. Whether you’re looking for a smart investment opportunity or a charming place to call home, this turnkey property offers it all. Don’t miss your chance to own a piece of Glenbrook’s charm and modern living. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 2616 edmonton Trail NE, Calgary

    2616 edmonton Trail NE Winston Heights/Mountview Calgary T2E 3N3
    Main Photo: 2616 edmonton Trail NE, Calgary

    2616 edmonton Trail NE Calgary T2E 3N3 Winston Heights/Mountview

    $899,900
    Residential
    Status:
    Active
    MLS® Num:
    A2194589
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    2,242 sq. ft.
    INVESTER ALERAT ! FIX AND FLIP OPPORTUNITY ! BOTH SIDE OF THE DUPLEX FOR SALE. TWO GARAGES. ONE SIDE HAS WALKOUT BASEMENT OTHER SIDE HAS SEPARATE ENTRANCE TO BASEMENT. BILEVEL BIG VINYL WINDOW IN BASEMENT. EASILY COULD BE "4-PLEX". CORNER LOT. EACH SIDE HAS 1100 PLUS SQ.FT. BIG AND BRIGHT KITCHEN AREA. TOTAL 8 BEDROOMS AND 3 BATHS. EASY TO ALL AMENTIES SCHOOL, PARK GOLF COURSE, BUS STOP. PLEASE BOOK SHOWING TO SEE THIS HOUSE . More details
    Listed by URBAN-REALTY.ca
    LISTING DETAILS

  • 2620 18 Street SW, Calgary

    2620 18 Street SW Bankview Calgary T2T 4T5
    Main Photo: 2620 18 Street SW, Calgary

    2620 18 Street SW Calgary T2T 4T5 Bankview

    $769,900
    Residential
    Status:
    Active
    MLS® Num:
    A2194823
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,423 sq. ft.
    Opportunity knocks with this MID CENTURY SIDE BY SIDE DUPLEX located on a small street siding onto 26th Avenue. This 5231 ft2 R-CG CORNER LOT is a perfect RENOVATION project, a great HOLDING property or an opportunity for immediate REDEVELOPMENT . This property is currently being used as a rental . Each side of this complex is 710ft2 + This well maintained 1422 ft2 duplex has 2/3 bedrooms, large principal rooms and laundry in both sides. This charming RAISED bungalow has hardwood flooring throughout (up and down), a newer furnace on Unit "B" (2015) and both units with newer hot water tanks - Unit "A" in 2020 and Unit "B" in 2024. With a WALK SCORE of 83 and a BIKE SCORE of 75, this inner city property is a SHORT WALKING distance to the MARDA LOOP, South Calgary Pool & C-Space . Close to the downtown core and the great shops and restaurant on 17th Avenue, this is a great property in a fantastic location. More details
    Listed by Century 21 Bamber Realty LTD.
    LISTING DETAILS

  • 915 23 Avenue NW, Calgary

    915 23 Avenue NW Mount Pleasant Calgary T2M 1T5
    OPEN HOUSE: Feb 22, 2025
    02:00 PM - 04:30 PM MST
    Open House on Saturday, February 22, 2025 2:00PM - 4:30PM
    Main Photo: 915 23 Avenue NW, Calgary

    915 23 Avenue NW Calgary T2M 1T5 Mount Pleasant

    $1,525,000
    Residential
    Status:
    Active
    MLS® Num:
    A2193874
    Bedrooms:
    11
    Bathrooms:
    6
    Floor Area:
    2,092 sq. ft.
    INCREDIBLE, RARE OPPORTUNITY to own a FULL SxS DUPLEX in the highly sought-after inner-city community of Mount Pleasant. This is an excellent revenue property with great income potential, or live in one side and rent out the other. Located on a quiet, tree lined street on a SUNNY, south-facing lot-just a few blocks from beautiful Confederation Park. This immaculate property has been renovated, featuring quartz countertops and stainless steel appliances in both kitchens. Each side offers 6 bedrooms and 2.5 bathrooms, with a separate entrance on both sides!a few Additional highlights include beautiful hardwood floors throughout, newer windows, newer high-efficiency furnaces, and hot water on demand,garage roof was replaced in 2020. This property is also wheelchair accessible, making it a fantastic and versatile option. EXCELLENT LOCATION Close to SAIT, U of C, shopping, schools, parks, pathways, transit and only minutes to downtown.Don't miss out on this incredible opportunity! More details
    Listed by RE/MAX Real Estate (Central)
    LISTING DETAILS

  • 11416 Elbow Drive SW, Calgary

    11416 Elbow Drive SW Southwood Calgary T2W 2E6
    Main Photo: 11416 Elbow Drive SW, Calgary

    11416 Elbow Drive SW Calgary T2W 2E6 Southwood

    $1,100,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2193391
    Floor Area:
    2,157 sq. ft.
    This is an exceptional opportunity to own a legal 4-plex in the highly desirable and well-established Southwood neighborhood, a community known for its mature trees, quiet streets, and close proximity to urban conveniences. Strategically positioned on the NW corner of Sacramento Drive SW and Elbow Drive SW, this property offers unparalleled accessibility. It is just minutes from Anderson Drive and public transit stops along Elbow Drive, ensuring convenience for tenants. Additionally, the Anderson C-Train Station is within walking distance, making this location ideal for commuters and enhancing its appeal to prospective renters. The 4-plex features fully leased 3-bedroom suites, each offering spacious layouts that attract long-term tenants. Each unit is equipped with its own private exterior storage shed, providing tenants with additional space and functionality. The property also boasts five designated parking stalls at the rear, ensuring ample parking for residents and their guests—an increasingly sought-after feature in urban living. What sets this property apart is its ease of management. Each unit is individually metered, meaning tenants are responsible for their own utilities, which reduces operating costs and simplifies maintenance for the owner. The property’s well-maintained condition ensures low upkeep and a steady, reliable income stream, making it an excellent addition to any investor’s portfolio. Whether you’re a seasoned investor or looking to begin your journey in real estate, this property offers a rare combination of location, functionality, and profitability. Don’t miss your chance to secure a stable and income-producing asset in one of Calgary’s most sought-after neighborhoods! More details
    Listed by KIC Realty
    LISTING DETAILS

  • 1434 & 1436 45 Street SW, Calgary

    1434 & 1436 45 Street SW Rosscarrock Calgary T3C 2C2
    Main Photo: 1434 & 1436 45 Street SW, Calgary

    1434 & 1436 45 Street SW Calgary T3C 2C2 Rosscarrock

    $1,275,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2189018
    Floor Area:
    1,753 sq. ft.
    Rare Revenue-Generating Full Duplex with 4 rental units! Opportunities like this don’t come around often! This Legally Suited Duplex, registered with the City of Calgary’s Secondary Suite Registry, is an investor’s dream. With 4 spacious 2-bedroom, 1-bathroom units—each thoughtfully renovated to attract quality tenants—this property offers incredible income potential. The bright upper units feature vaulted ceilings and west-facing balconies, while the treed front lot offers great privacy. Additionally, the lower suites come fully furnished, making them perfect for long-term or short-term rental opportunities. Recent upgrades add to the appeal, including a new roof (2019), electrical updates for baseboard heating in 1436B, and replacement windows in all bedrooms and kitchens. Gutter guards recently installed. At the rear, you’ll find two single-car garages plus two additional parking stalls, ensuring plenty of tenant parking. Location is everything, and this property delivers! Just one block from the LRT on 17th Ave, tenants can reach downtown in 20 minutes while enjoying easy access to nearby schools, shopping, and daily essentials. Check out the photo notes to guide your viewing, and contact your favourite Realtor for full rental details! More details
    Listed by CIR Realty
    LISTING DETAILS

  • 2316 16 Street SW, Calgary

    2316 16 Street SW Bankview Calgary T2T 4E7
    Main Photo: 2316 16 Street SW, Calgary

    2316 16 Street SW Calgary T2T 4E7 Bankview

    $1,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2193118
    Floor Area:
    2,354 sq. ft.
    Discover a prime investment with this fully renovated M-CG zoned luxury fourplex, perfectly situated in Bankview—just steps from downtown, vibrant 17th Avenue, and parks. The backyard overlooks the beautiful Bankview Community Garden, offering tenants an idyllic setting. Tenants enjoy the convenience of walking to work, with the Sunalta CTrain station, Mount Royal University, the University of Calgary, and Shaganappi Point Golf Course all nearby. Fully renovated in 2016, the property boasts energy-efficient windows, a new roof, updated interior and exterior, modern appliances, and a state-of-the-art glycol heating system that reduces heating costs by 60%. The building includes four spacious 1-bedroom units, each with in-suite laundry, storage, and private entrances. The lower units offer walk-out access, while ample parking accommodates all tenants. Market rents are $1,700 per month for upper units and $1,450 for lower units, with the potential to generate an impressive $75,600 annually, with room for future increases. All units are currently rented, and there is an option to retain the existing management company at a reduced fee. Don't miss this exceptional investment opportunity! More details
    Listed by Datong Property Management Ltd.
    LISTING DETAILS

  • 1047 16A Street NE, Calgary

    1047 16A Street NE Mayland Heights Calgary T2E 4T3
    Main Photo: 1047 16A Street NE, Calgary

    1047 16A Street NE Calgary T2E 4T3 Mayland Heights

    $815,000
    Residential
    Status:
    Active
    MLS® Num:
    A2192232
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,620 sq. ft.
    JUDICIAL SALE. The property is sold as is. The building was measured from the exterior and measurements are not guaranteed. Room sizes/info are based on the previous listing and are not guaranteed. This full duplex, on a large 66 x 120' corner lot is under construction to transition to a fourplex with a Development Permit in circulation. Located in Mayland Heights between the Deerfoot Athletic Park and Belfast School with Mayland Heights and Sir John Franklin Schools only 3 min away. More details
    Listed by Century 21 Masters
    LISTING DETAILS
1-12/20
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Data was last updated February 19, 2025 at 08:05 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.