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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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1-12/31

  • 1526 & 1528 18 Avenue NW, Calgary

    1526 & 1528 18 Avenue NW Capitol Hill Calgary T2M 0W8
    Main Photo: 1526 & 1528 18 Avenue NW, Calgary

    1526 & 1528 18 Avenue NW Calgary T2M 0W8 Capitol Hill

    $2,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2236429
    Floor Area:
    4,052 sq. ft.
    Incredible investment opportunity in prime Capitol Hill! This brand new duplex package offers two stunning semi-detached homes — 1526 & 1528 18 Ave NW — each with a fully legal 2-bedroom basement suite. That’s four separate, income-generating units on two separate titles, giving you unmatched flexibility and future resale options. Each main residence features 10-ft ceilings, engineered hardwood, a designer quartz kitchen with an oversized island, and a bright living area with a sleek gas fireplace. Upstairs, enjoy a vaulted primary retreat with a spa-inspired 5-piece ensuite and walk-in closet, plus two more bedrooms, a full bath, and laundry. Each legal basement suite has a private side entrance, two large bedrooms, a full kitchen with quartz counters, separate laundry, and spacious living — perfect mortgage helpers or strong rental units. Extras include high-efficiency furnaces, HRV systems, R22/R50 insulation, roughed-in A/C, double garages, full landscaping, and Certified New Home Warranty. Live in one and rent out three, hold as a high-quality four-unit investment, or sell individually in the future — the options are endless. Steps to SAIT, U of C, parks, schools, and shops. Rare, versatile, and cash-flow ready — this is the ultimate inner-city investment play! More details
    Listed by RE/MAX iRealty Innovations
    LISTING DETAILS

  • 2112/2114 35 Avenue SW, Calgary

    2112/2114 35 Avenue SW Altadore Calgary T2T 2E3
    Main Photo: 2112/2114 35 Avenue SW, Calgary

    2112/2114 35 Avenue SW Calgary T2T 2E3 Altadore

    $1,599,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2236255
    Floor Area:
    3,963 sq. ft.
    Discover this exceptional 4-corner, 4-plex situated on a 50' x 140' lot in one of Calgary’s most sought-after communities—Marda Loop. Each of the four spacious units is1480 sqft of developed living area and are fully self-contained, two-storey townhouse-style home with a fully developed basement, offering privacy, functionality, and comfort for tenants. Each unit features: 1480 sqft of living area, 2 bedrooms on the upper level 1 additional bedroom and a generous rec room in the basement. 2 full bathrooms In-suite laundry Private deck Separate utilities (tenants pay all utilities) This is a turnkey investment with strong rental appeal. Whether you're looking to expand your portfolio or own a cash-flowing property in an unbeatable location, this opportunity checks all the boxes. Steps away from shops, restaurants, parks, and transit, this property combines urban convenience with solid income potential. More details
    Listed by The Real Estate District
    LISTING DETAILS

  • 503 10 Street NE, Calgary

    503 10 Street NE Bridgeland/Riverside Calgary T2E 4M4
    Main Photo: 503 10 Street NE, Calgary

    503 10 Street NE Calgary T2E 4M4 Bridgeland/Riverside

    $2,375,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2235637
    Floor Area:
    3,180 sq. ft.
    An exceptional opportunity to enhance your real estate portfolio with this versatile new triplex with legal suites, coming soon to the heart of Bridgeland—one of Calgary’s most dynamic and sought-after inner-city communities. Ideally located on the prestigious 10th Street, this purpose-built property features three well-appointed townhome-style residences, each paired with its own legal basement suite. With six self-contained units in total, this development is thoughtfully designed to attract quality tenants and deliver strong, consistent rental income. Each upper residence offers bright, open living spaces finished with high-end touches including quartz countertops, stainless steel appliances, and durable luxury vinyl plank flooring. The legal basement suites, each with a private entrance, full kitchen, in-suite laundry, and energy-efficient windows, provide comfortable, independent living—ideal for long-term rental stability. Situated in a walkable, transit-friendly location, this property offers effortless access to Bridgeland’s trendy dining and shopping scene, the Bow River pathways, downtown Calgary, and nearby institutions like SAIT, the University of Calgary, and major hospitals. Built for long-term performance, the project incorporates low-maintenance exteriors and high-efficiency HVAC systems to reduce operating costs and simplify ownership. With CMHC Select Financing available, investors can benefit from improved cash flow and optimized returns. Whether you're growing your investment portfolio or seeking a turnkey opportunity in a high-demand urban neighbourhood, this Bridgeland triplex represents a rare blend of location, quality, and rental potential. Reach out today to learn more. More details
    Listed by The Real Estate District
    LISTING DETAILS

  • 153 & 151 Lissington Drive SW, Calgary

    153 & 151 Lissington Drive SW North Glenmore Park Calgary T3E 5E5
    Main Photo: 153 & 151 Lissington Drive SW, Calgary

    153 & 151 Lissington Drive SW Calgary T3E 5E5 North Glenmore Park

    $1,000,000
    Residential
    Status:
    Active
    MLS® Num:
    A2236981
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,886 sq. ft.
    First time on the market! This is your chance to secure a prime 52’ x 116’ R-CG corner lot in one of Calgary’s most sought-after inner-city neighbourhoods. Located on prestigious Lissington Drive, this side-by-side bungalow duplex offers endless possibilities for developers, investors, or visionary buyers. Each unit features 2 bedrooms, 2 bathrooms, a bright living area, and a functional kitchen, with separate entrances to the lower levels which is ideal for future basement redevelopment. Whether you’re considering for an investment or holding for future potential, this property offers incredible value in a location where listings rarely come up. North Glenmore Park is known for its quiet, tree-lined streets, easy access to downtown, top schools, Mount Royal University, transit, and Glenmore Athletic Park. Properties like this are becoming increasingly rare — don’t miss your opportunity in one of Calgary’s most established and desirable inner-city communities. More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 509,511 34 Avenue NE, Calgary

    509,511 34 Avenue NE Winston Heights/Mountview Calgary T2E 2K1
    Main Photo: 509,511 34 Avenue NE, Calgary

    509,511 34 Avenue NE Calgary T2E 2K1 Winston Heights/Mountview

    $1,475,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2235755
    Floor Area:
    1,692 sq. ft.
    This is the sale of 509, 511 34 AVE NE and the 2 additional Registered Secondary Suites identified as 509B (sticker 15228) and 511B (sticker 15227). There are a total of 4 rental units. Spacious units that were recently upgraded in 2024. Each unit has fridge, stove, microwave, dishwasher and all-in-one washer/dryer. Both of the upper suites have 2 Bedrooms 1 bathroom. The lower suite 509 B has 1 Bedroom and 2 bathrooms. 511B has 2 bedrooms and 1 bathroom. There are 4 furnaces, 2 gas meters and 2 electrical meters. In the back there is a one car garage and a separate storage unit More details
    Listed by Michael Fleming Realty Corp.
    LISTING DETAILS

  • 1215 28 Street SE, Calgary

    1215 28 Street SE Albert Park/Radisson Heights Calgary T2Y 0Y6
    Main Photo: 1215 28 Street SE, Calgary

    1215 28 Street SE Calgary T2Y 0Y6 Albert Park/Radisson Heights

    $1,249,900
    Residential
    Status:
    Active
    MLS® Num:
    A2236803
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    2,586 sq. ft.
    This listing includes a full side by side 1213 &1215 on one Title. Tastefully and freshly updated side by side duplex. Exterior features new smart board siding, vinyl windows shingles and fencing. Each half offers roughly 1181s.ft A freshly remodelled kitchen, stainless steel appliances, 3 bedrooms and a 5piece bath. The basement on each side offers a separate entry with an illegal suite. Single attached garage, on each side and an additional parking pad for up to 8 vehicles. More details
    Listed by Stonemere Real Estate Solutions
    LISTING DETAILS

  • 73 / 75 Dalton Bay NW, Calgary

    73 / 75 Dalton Bay NW Dalhousie Calgary T3A 1H7
    Main Photo: 73 / 75 Dalton Bay NW, Calgary

    73 / 75 Dalton Bay NW Calgary T3A 1H7 Dalhousie

    $1,100,000
    Residential
    Status:
    Active
    MLS® Num:
    A2236853
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,898 sq. ft.
    Don’t miss this RARE opportunity to own this FULL DUPLEX featuring FOUR separate suites! Ideally located just 5 minutes from the university! This fully tenanted unique property is perfect for investors or those looking to generate rental income. Each unit offers modern, spacious living areas with cozy bedrooms and well-designed layouts that ensure comfort and privacy. The duplex is designed for maximum rental potential, with separate entrances providing tenants with convenience and autonomy. This location is unbeatable for university students, faculty, or staff looking for close proximity to campus, as well as easy access to local shops, restaurants, and public transit. Whether you are looking for a high-yield rental property, a multi-generational living arrangement, or a combination of both, this property offers incredible flexibility. The large lot also provides plenty of outdoor space for tenants to enjoy, and the well-maintained building means minimal upkeep. This is a prime opportunity to secure a rare and highly profitable investment in a sought-after area. Opportunities like this don’t come often – act fast! More details
    Listed by eXp Realty
    LISTING DETAILS

  • 7331 & 7329 Huntertown Crescent NW, Calgary

    7331 & 7329 Huntertown Crescent NW Huntington Hills Calgary T2K 4K3
    Main Photo: 7331 & 7329 Huntertown Crescent NW, Calgary

    7331 & 7329 Huntertown Crescent NW Calgary T2K 4K3 Huntington Hills

    $949,000
    Residential
    Status:
    Active
    MLS® Num:
    A2230953
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,898 sq. ft.
    Full duplex investment opportunity in Huntington Hills, with bi-level units that can be easily converted into 4 units! Each side features 4 bedrooms and 2 bathrooms - 2 beds, 1 bath upstairs and 2 beds, 1 bath downstairs. Basements are fully developed. Large den/office space in the basements as well. New insulated roof done in 2011 with rolled asphalt. Fully fenced side yards. 4 parking stalls, carport and shed included in the back. Located on a quiet street, walking distance to Nose Hill Park, several schools and Real Canadian Superstore. More details
    Listed by Michael Fleming Realty Corp.
    LISTING DETAILS

  • 301 5 Avenue NE, Calgary

    301 5 Avenue NE Crescent Heights Calgary T2E 0K9
    Main Photo: 301 5 Avenue NE, Calgary

    301 5 Avenue NE Calgary T2E 0K9 Crescent Heights

    $3,000,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2234866
    Floor Area:
    7,176 sq. ft.
    Turnkey Investment Opportunity – Fully Furnished and Professionally Managed Airbnb 4-Plex in Prime Inner-City Location. Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value. Each spacious unit includes: 2300 Square Feet Of Livable Space Over 4 Levels | 4 Large Bedrooms, 4.5 Bathrooms | Large West Facing Patio | Spacious Bonus Room With Cozy Fireplace | Fully Finished Basement With Wet Bar And Single Detached Garage | Stylish, move-in-ready modern interiors curated for comfort and durability | The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you’re perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views. Key Highlights: Fully operational as a high-performing Airbnb short term rental. All furnishings included. Managed by professionals for a seamless, turnkey experience. Outstanding location. Immediate cash-flow potential with long-term upside. High-performing income property with 6.05% cap rate Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box. More details
    Listed by Comox Realty
    LISTING DETAILS

  • 1631 40 Street SW, Calgary

    1631 40 Street SW Rosscarrock Calgary T3C 1X1
    Main Photo: 1631 40 Street SW, Calgary

    1631 40 Street SW Calgary T3C 1X1 Rosscarrock

    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2233383
    Bedrooms:
    12
    Bathrooms:
    4
    Floor Area:
    2,278 sq. ft.
    Welcome to 1631 & 1633 40 Street SW — An extremely Rare 12 Bedroom Investment Opportunity in Rosscarrock! This spacious, incredibly well-designed full duplex features four separate units and 12 bedrooms boasting over 2,200 SqFt of living space. This is a fantastic opportunity for savvy investors or buyers looking to live in one unit while renting out the others. Each side of the duplex offers an upper 3-bedroom, 1-bathroom unit with its own entrance, alongside a lower-level 3-bedroom, 1-bathroom illegal suite with a separate entrance. With four dedicated laundry rooms and ample storage throughout, the property maximizes functionality for tenants and owners alike. Bright, generous windows on every level provide a welcoming, open feel that renters appreciate. The property also includes two double detached garages and additional street parking. Located in the established community of Rosscarrock, this property is ideally positioned close to schools, shopping, parks, and playgrounds. It offers excellent commuter access with the LRT station nearby and downtown Calgary just minutes away. Whether you’re looking to expand your rental portfolio or offset your mortgage by living on-site, this is a very rare and versatile opportunity in a fantastic inner-city location. 12 Bedroom investment opportunities like this don’t come along often — book your private showing today! More details
    Listed by Veritas Realty
    LISTING DETAILS

  • 438 15 Avenue NE, Calgary

    438 15 Avenue NE Renfrew Calgary T2E 1H4
    Main Photo: 438 15 Avenue NE, Calgary

    438 15 Avenue NE Calgary T2E 1H4 Renfrew

    $2,400,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2234193
    Floor Area:
    2,594 sq. ft.
    WATCH THE VIRTUAL WALKTHROUGH AND STEP INSIDE YOUR FUTURE HOME TODAY! EXPERIENCE IT BEFORE IT'S BUILT | Exceptional Investment Opportunity | Projected yearly rental income of $153,600. Brand New 4 plex in Prime Inner-City Location | Welcome to 438 14 Avenue NE – a rare and exquisite offering in the heart of Calgary’s desirable Renfrew community. This brand-new, purpose-built 4 plex showcases modern design, superior craftsmanship, and a prime location, making it a standout investment for savvy buyers or multi-generational families. Each of the 4 spacious units features 3 bedrooms, 2.5 bathrooms, and a thoughtfully designed open-concept layout ideal for today’s lifestyle. From 9-foot ceilings and large windows that flood the interiors with natural light to hardwood flooring and sleek quartz countertops, no detail has been overlooked. The gourmet kitchens include premium stainless steel appliances, stylish tile backsplash, and generous cabinetry perfect for both homeowners and tenants alike. The primary suites offer walk-in closets and spa-inspired ensuite bathrooms, while the secondary bedrooms provide ample space for guests, home offices, or growing families. Each unit also includes a private entrance, separate utilities, and dedicated parking, maximizing convenience and privacy. Located just minutes from downtown Calgary, with easy access to parks, schools, shopping, and transit, this property is ideally positioned for long-term rental income, Airbnb opportunities, or resale potential. The vibrant community of Renfrew offers a walkable lifestyle with nearby restaurants, cafes, and green spaces. Whether you’re expanding your real estate portfolio or seeking a high-performing asset, this turnkey 4 plex delivers the perfect balance of luxury, location, and long-term value. Don’t miss this unparalleled opportunity book your private tour today! More details
    Listed by Real Broker
    LISTING DETAILS

  • 1009 24 Avenue NW, Calgary

    1009 24 Avenue NW Mount Pleasant Calgary T2M 1Y4
    Main Photo: 1009 24 Avenue NW, Calgary

    1009 24 Avenue NW Calgary T2M 1Y4 Mount Pleasant

    $1,295,000
    Residential
    Status:
    Active
    MLS® Num:
    A2233334
    Bedrooms:
    6
    Bathrooms:
    5
    Floor Area:
    2,551 sq. ft.
    Rare Redevelopment & Investment Opportunity in Mount Pleasant | Zoned R-CG | Laneway Lot with Approved Development Plan, steps from Confederation Park. This prime 7,728 SQ.FT. corner lot offers expansive redevelopment potential and consistent rental income, with immense upside for tomorrow. Zoned R-CG and positioned on a valuable corner laneway, this property has already been rezoned by current owners and is ideally suited for tandem townhomes, offering a total of 8 potential doors. Development options include: retaining the existing attached duplex and building two tandem infills at the rear (approved plans with basement suites available upon request), a complete teardown and redevelopment into a new fourplex with or without legal basement suites OR your own dream home taking advantage of this very special cul-de-sac location. This flexibility makes it ideal for developers looking to leverage the lot’s dual frontage and maximize density as well as for savvy buyers looking for premium land value in this high growth location. Opportunities like this, with rezoning and plans already in place, are increasingly rare in Mount Pleasant. The existing property features: A well-maintained, south-facing side-by-side duplex (1009 and 1011) plus an oversized, fully finished triple tandem garage that can accommodate 6 vehicles, offering additional rental income. Residence 1009 (Vacant) features 1,275 SQ.FT. with 2 bedrooms + flex room, main floor laundry, large south-facing deck, and 575 SQ.FT. of undeveloped basement. Recent upgrades include new carpet, lighting, full paint, and sod (May 2025). Residence 1011 (Tenanted) features 1,275 SQ.FT. with 4 bedrooms and a partially finished basement including 3-piece bath, laundry, and play area. Additional property highlights: Newer windows (approx. 3 years old) Recently replaced washer/dryer units (2 years ago) Bathroom and appliance upgrades (within the last 5 years) Roof approx. 15 years old. Potential for future upper-level views of downtown Calgary and Nose Hill Park. Located within walking distance to schools, minutes from downtown, University of Calgary, Foothills & Children's Hospitals, and the green spaces of Confederation Park, this location continues to attract high-quality tenants and end-users alike. With ongoing development transforming Mount Pleasant into a hub of modern infill projects, this property stands out as a cornerstone opportunity for builders, investors, and forward-thinking buyers. Contact us today for access to architectural plans, permitting documents, or to schedule a private viewing. More details
    Listed by Sotheby's International Realty Canada
    LISTING DETAILS
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Data was last updated July 11, 2025 at 12:05 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.