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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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  • 57 & 59 Dalton Bay NW, Calgary

    57 & 59 Dalton Bay NW Dalhousie Calgary T3A 1H7
    Main Photo: 57 & 59 Dalton Bay NW, Calgary

    57 & 59 Dalton Bay NW Calgary T3A 1H7 Dalhousie

    $895,000
    Residential
    Status:
    Active
    MLS® Num:
    A2269818
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,628 sq. ft.
    Welcome to 57 & 59 Dalton Bay NW, an outstanding opportunity to own a FULL side-by-side duplex, each 2 storeys, in one of Calgary’s most desirable and well-established communities on a quiet cul-de-sac in Dalhousie. Each duplex is a full 2 storey unit, each with 3 bedrooms, 1.5 bath and basement totalling 2628 SF! Both sides are bright, spacious, and well laid out, with large living areas and kitchens and generous bedroom and bathrooms. The duplex design provides versatility—ideal for investors seeking dual rental income or for an owner-occupier looking to live in one side while generating revenue from the other or for multi generational families looking to live close to one another. If desiring for an investment, this property has consistent rental demand, thanks to its unbeatable location. Residents enjoy walking-distance access to Co-op, Canadian Tire, Dalhousie LRT, multiple bus routes, shopping centres, restaurants, schools, parks, and the University of Calgary. Its proximity to Market Mall, Northland Village, and major routes such as Crowchild Trail ensures long-term tenant appeal and excellent appreciation potential. The property is well maintained inside and out, offering a turnkey opportunity for investors or buyers seeking a dependable, income-producing asset in a mature neighbourhood. Properties of this caliber—especially full duplexes in established NW communities—rarely come to market, come see today! More details
    Listed by Grand Realty
    LISTING DETAILS

  • 1933 25 Street SW, Calgary

    1933 25 Street SW Richmond Calgary T3E 1W8
    Main Photo: 1933 25 Street SW, Calgary

    1933 25 Street SW Calgary T3E 1W8 Richmond

    $1,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2270237
    Floor Area:
    2,261 sq. ft.
    For more information, please click the "More Information" button. Great opportunity to own a fourplex in the highly sought-after community of Killarney. This bi-level style building features two upper and two lower separate living accommodations, each with a separate entrance, offering privacy and convenience for all residents. Every unit includes three bedrooms and 1.5 bathrooms, spanning spacious living area with a cozy fireplace and in-suite laundry for added comfort. All utilities are separately metered, ensuring ease of management for the owner. The property is ideally situated on a beautiful, quiet, and tree-lined street with close proximity to downtown amenities. Please note that this property was originally built as a fourplex—it is not a converted duplex. The property is currently under renovation, maintaining its charm while adding modern updates. An exceptional investment opportunity in the heart of South Calgary! This purpose-built fourplex offers strong rental potential, future redevelopment possibilities, and an unbeatable location just minutes from downtown, Marda Loop, and vibrant 17th Avenue. More details
    Listed by Easy List Realty
    LISTING DETAILS

  • 1926/1928 32 Street SW, Calgary

    1926/1928 32 Street SW Killarney/Glengarry Calgary T3E 2R1
    Main Photo: 1926/1928 32 Street SW, Calgary

    1926/1928 32 Street SW Calgary T3E 2R1 Killarney/Glengarry

    $1,600,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2269871
    Floor Area:
    4,938 sq. ft.
    A rare opportunity to own the entire building in the highly sought-after community of Killarney. This 4-corner, 4-plex townhome condo's offers a proven track record of steady rental income with 0% vacancy, excellent tenants already in place and sits on a 50' x 120' lot on a quiet street in Killarney. Each of the four units is a fully self-contained, two-storey townhouse-style home with a developed basement, designed for privacy and functionality. The two front units offer approximately 1,720 sq.ft. of living space, while the two back units feature about 1,665 sq.ft. Layout highlights include: 2 bedrooms + full bath on the upper level, generous rec room (used as a 3rd bedroom) + 2nd full bath in the basement, in-suite laundry in every unit, separate outdoor patio space, parking pad for each unit, and separate utilities (all paid by tenants.) With its turnkey setup, reliable income, and desirable inner-city location, this property checks all the boxes for investors seeking cash flow, stability, and long-term growth potential. More details
    Listed by Real Broker
    LISTING DETAILS

  • 6803 6 Street SW, Calgary

    6803 6 Street SW Kingsland Calgary T2E 1E5
    Main Photo: 6803 6 Street SW, Calgary

    6803 6 Street SW Calgary T2E 1E5 Kingsland

    $899,000
    Residential
    Status:
    Active
    MLS® Num:
    A2269324
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,779 sq. ft.
    DEVELOPER ALERT/ H-GO Zoning. Corner lot. City allows up to 8 living units on this parcel. Building has been well maintained and generates income, while you wait for permits. Both sides have hardwood flooring in living and dining rooms, 6805 has a 4 piece and 3 piece bath down and a partially finished basement and use of the the detached garage, 6803 has a four piece bath up and an unfinished basement, Both sides have two bedrooms up and are large and have had long term tenants, This area is close to LRT, Chinook Mall and is rapidly being developed with higher density housing. More details
    Listed by Unison Realty Group Ltd.
    LISTING DETAILS

  • 16 Beaver Dam Place NE, Calgary

    16 Beaver Dam Place NE Thorncliffe Calgary T2K 4X3
    Main Photo: 16 Beaver Dam Place NE, Calgary

    16 Beaver Dam Place NE Calgary T2K 4X3 Thorncliffe

    $825,000
    Residential
    Status:
    Active
    MLS® Num:
    A2269615
    Bedrooms:
    7
    Bathrooms:
    4
    Floor Area:
    1,483 sq. ft.
    ** Open House 2:30-4:30pm Sat 15th at unit 16A** Terrific Side-by-Side Duplex Backing onto a Park! Nestled on a quiet cul-de-sac, this spacious duplex sits on a large lot and offers excellent income potential. The property features two side-by-side units plus one illegal basement suite, along with an oversized 27' x 22' double garage that has been divided for secure parking on each side—ideal for generating additional cash flow. Each main floor offers 741 sq. ft. with 2 bedrooms and a 4-piece bathroom. The 16A illegal basement suite includes 2 bedrooms, a comfortable living area, full kitchenette, and a 3-piece bath. Both upper and lower levels are equipped with their own washer and dryer for added convenience. Side 16 can easily be reconfigured, as the basement already includes a kitchenette and there's existing plumbing on the main floor to add laundry— simply install a door to create two private spaces (see floorplans for details). The backyard backs directly onto a large park and also offers lane access to the garage. This is an amazing investment opportunity with multiple rental options and strong long-term potential! More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS

  • 602 11 Avenue NE, Calgary

    602 11 Avenue NE Renfrew Calgary T2E 0Z7
    Main Photo: 602 11 Avenue NE, Calgary

    602 11 Avenue NE Calgary T2E 0Z7 Renfrew

    $3,250,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2269012
    Floor Area:
    5,252 sq. ft.
    Exceptional Investment Opportunity – Brand-New 4-Plex in Renfrew! Elevate your portfolio with this architecturally striking, purpose-built 4-plex in desirable Renfrew—minutes from downtown Calgary. Each modern townhome features three bedrooms plus a fully legal one-bedroom basement suite, for a total of eight self-contained units, each with private entrances and separate mechanical systems. Built with premium, low-maintenance finishes—stucco, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and energy-efficient windows—this property offers strong rental appeal and reduced operating costs. Enjoy timeless curb appeal with a cohesive design, professional landscaping, and modern exterior lighting. Close to Deerfoot trail, 16th Ave, transit, parks, and schools, this location ensures consistent demand and excellent returns. Eligible for CMHC’s MLI Select program, offering enhanced financing options. Don’t miss this rare, high-yield multi-family investment—contact us today! Completion in March 2026. More details
    Listed by eXp Realty
    LISTING DETAILS

  • 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. 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 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

  • 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

    $1,250,000
    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
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Data was last updated November 24, 2025 at 05:30 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.