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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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  • 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

    $1,438,000
    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

  • 2615/2613 39 Street SE, Calgary

    2615/2613 39 Street SE Forest Lawn Calgary T2B 1A8
    Main Photo: 2615/2613 39 Street SE, Calgary

    2615/2613 39 Street SE Calgary T2B 1A8 Forest Lawn

    $835,000
    Residential
    Status:
    Active
    MLS® Num:
    A2341560
    Bedrooms:
    10
    Bathrooms:
    5
    Floor Area:
    3,242 sq. ft.
    A rare FULL DUPLEX OPPORTUNITY with exceptional flexibility, multiple (FOUR) existing living spaces and incredible potential for an investor, multi-generational household, or owner looking to offset their mortgage with rental income. Offering over 3200sf above grade between both sides, this unique property provides a variety of possibilities both now and in the future. One side features a spacious 1760sf TWO STOREY HOME WITH FULLY DEVELOPED BASEMENT. Keep the home as one large residence, live here while generating income from the neighbouring units, or explore the potential to create an additional basement suite with its own separate entrance (subject to city requirements). The two storey side does require some TLC, but its size and layout offer an excellent opportunity to renovate and add value. The adjoining 1450sf BUNGALOW adds even more versatility. Its lower level already includes an EXISTING 1-BEDROOM LEGAL SUITE, along with an ADDITIONAL STUDIO STYLE LIVING SPACE with a kitchenette. The bungalow also benefits from an existing SEPARATE SIDE ENTRANCE, helping provide privacy and independence between living areas. For an investor with vision, the property offers the potential for UP TO FIVE SELF-CONTAINED LIVING SPACES across the entire duplex (subject to city requirements). Alternatively, occupy one side and rent the other, accommodate extended family while maintaining separate spaces, or simply hold the property as a substantial full-duplex rental. Outside, the property is already well designed for multiple households. The backyards are SEPARATELY FENCES, each with its own access to the EXPANSIVE REAR PARKING PAD spanning the width of the property. There is also significant potential to further develop the parking area with up to two garages or one oversized garage. Big properties create big possibilities, and this one offers a combination of space, existing rental infrastructure and future value-add potential that is difficult to find. Whether your vision is a multi-unit investment, mortgage-helper setup, multi-generational property or renovation project, there is plenty here to work with. More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 2018, 2020, 2022, 2024 12 Avenue SW, Calgary

    2018, 2020, 2022, 2024 12 Avenue SW Sunalta Calgary T3C 0S1
    Main Photo: 2018, 2020, 2022, 2024 12 Avenue SW, Calgary

    2018, 2020, 2022, 2024 12 Avenue SW Calgary T3C 0S1 Sunalta

    $2,999,999
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2335800
    Floor Area:
    6,460 sq. ft.
    NO CONDO FEES | BRAND NEW | ATTACHED GARAGE | An exceptional opportunity to elevate your investment portfolio in the highly sought-after inner-city community of Sunalta. This brand-new, custom-built fourplex offers a rare combination of modern design, functional layouts, and strong rental potential in one of Calgary’s most convenient and walkable locations. Situated on a generous 5221 SF. lot, this thoughtfully designed property features four well-appointed units, each offering 3 bedrooms and 2.5 bathrooms. Each unit offers approximately 1600 sqft with individual units ranging from 1567-1650 sqft. All finished with durable vinyl plank flooring and contemporary finishes throughout. Each unit includes a single attached garage, adding to tenant appeal and long-term value. The main floor boasts an open-concept layout highlighted by impressive 13-foot ceilings in the living room, creating a bright and airy atmosphere. A stylish kitchen is equipped with quartz countertops, pantry storage, and LG appliances, seamlessly connecting to the dining area and rear deck—perfect for everyday living and entertaining. Second level features two spacious bedrooms, a 3-piece bathroom, a convenient laundry room, and a built-in computer workstation with integrated wiring—ideal for remote work or study. The third floor is a standout feature, offering vaulted ceilings, a flexible pace perfect for a yoga room or retreat, an additional 3-piece bathroom, a private balcony, and another built-in workspace. The fully developed basement includes a functional mudroom and a half bathroom, enhancing both practicality and livability. The exterior is finished with durable cement fibre board siding. Located in the vibrant community of Sunalta, residents will enjoy quick access to downtown Calgary, Sunalta LRT station, parks, schools, and the Bow River pathways. With nearby shops, cafes, and everyday amenities just minutes away, this location continues to attract quality tenants seeking inner-city convenience and lifestyle. A rare, turnkey investment opportunity in a high-demand rental market. Individual units can be purchased starting at the price of $799,900.00 More details
    Listed by REMAX Innovations
    LISTING DETAILS

  • 1612 24 Avenue NW, Calgary

    1612 24 Avenue NW Capitol Hill Calgary T2M 1Y6
    Main Photo: 1612 24 Avenue NW, Calgary

    1612 24 Avenue NW Calgary T2M 1Y6 Capitol Hill

    $1,450,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2337133
    Floor Area:
    4,000 sq. ft.
    With four legal units already in place, substantial land, excellent condition and a prime location, this is a compelling opportunity to add four doors to your portfolio in one strategic purchase. A carefully maintained and exceptionally well-kept fourplex on an impressive 7,787 sq.ft. lot in one of Calgary’s most connected inner-city communities. Enjoy easy access to Confederation Park and Golf Course, Capitol Hill School, SAIT, the University of Calgary, North Hill Centre, Lions Park LRT, Foothills Medical Centre and Downtown Calgary. The property features four legal up-and-down suites and has been thoughtfully cared for over the years. Three suites are currently rented while the fourth is owner-occupied, creating additional rental upside. 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

    $1,300,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2339344
    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

  • 2910 1 Street NW, Calgary

    2910 1 Street NW Tuxedo Park Calgary T2M 3R9
    Main Photo: 2910 1 Street NW, Calgary

    2910 1 Street NW Calgary T2M 3R9 Tuxedo Park

    $3,258,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2339411
    Floor Area:
    5,291 sq. ft.
    Prime NW Calgary investment opportunity in desirable Tuxedo Park! Welcome to this exceptional west-facing corner-lot fourplex offering an outstanding combination of location, quality, and income potential. Ideally situated in the highly sought-after community of Tuxedo Park, this property features 8 self-contained units with 16 bedrooms in total, including legal one-bedroom suites. Each main unit offers three bedrooms upstairs, including a spacious primary bedroom with its own ensuite, an additional full bathroom upstairs, and a convenient two-piece bathroom on the main level. High-end finishes are featured throughout, along with durable, high-traffic materials designed for low maintenance and long-term durability. An underground irrigation system further enhances ease of upkeep. Each unit includes one garage, providing secure parking and added value for tenants. With 8 separately metered units, this property is well positioned for efficient utility management and is eligible for MLI Select financing. A rare opportunity to acquire a quality, cash-flow-oriented multifamily property in a prime NW location, ideal for experienced investors or those looking to add a strong income-producing asset to their portfolio. More details
    Listed by TREC The Real Estate Company
    LISTING DETAILS

  • A&B 319 37 Street SW, Calgary

    A&B 319 37 Street SW Spruce Cliff Calgary T3C 1R5
    Main Photo: A&B 319 37 Street SW, Calgary

    A&B 319 37 Street SW Calgary T3C 1R5 Spruce Cliff

    $989,900
    Residential
    Status:
    Active
    MLS® Num:
    A2339288
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,797 sq. ft.
    Opportunities like this are increasingly difficult to find. Situated on a generous 50 x 120 ft inner-city lot, this full side-by-side duplex offers approximately 1,797 sq. ft. of combined above-grade living space and exceptional flexibility for investors, owner-occupiers or multi-generational families. With two distinct residences under one ownership, the property offers multiple ways to live, generate income and plan for the future. Both sides offer a generous approximately 899 sq. ft. of above-grade living space, with comfortable, well-proportioned layouts that make each home feel spacious and inviting. Each side features two roomy bedrooms, a full 4-piece bathroom, a bright and generous living room, and a dedicated kitchen. Each residence also has its own private main entrance plus an additional side entrance to the main level, giving both sides the feel and functionality of their own home. Side A continues into a developed basement, significantly expanding the usable living space with a third bedroom, large recreation room, 3-piece bathroom, laundry, large storage room and utility space. Together, Side A provides 3 bedrooms and 2 full bathrooms across both levels, with excellent flexibility for additional family, guests, recreation or work-from-home space. Side B offers a substantial basement with approximately 765 sq. ft. of open unfinished space, along with basement laundry. The open layout provides an excellent blank canvas for future development, allowing the next owner to customize the space to suit their needs while adding further functionality and value to the property. The detached double garage has been divided into two separate compartments, providing dedicated garage space for Side A and Side B. It also includes a finished office/workspace hardwired for internet, ideal for remote work, a home business or private studio. Important updates include furnaces replaced in 2020 and 2023, along with new blinds throughout. The location is equally appealing, offering quick access to golf courses, parks, playgrounds, schools, shopping, transit and major commuter routes, with Calgary's downtown core just minutes away. This established inner-city location combines everyday convenience with the long-term appeal of a sizeable lot. With two distinct residences, one developed basement, additional future development potential, dedicated garage areas and a 50 x 120 ft inner-city lot, the possibilities are numerous. Live in one side and rent the other, accommodate extended family, hold as a long-term investment or explore future development potential. 319 37 Street SW offers flexibility today and opportunity for the future. More details
    Listed by eXp Realty
    LISTING DETAILS

  • 1923 26 Avenue SW, Calgary

    1923 26 Avenue SW South Calgary Calgary T2T 1E4
    Main Photo: 1923 26 Avenue SW, Calgary

    1923 26 Avenue SW Calgary T2T 1E4 South Calgary

    $3,995,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2336846
    Floor Area:
    7,168 sq. ft.
    Fully leased investor opportunity in Marda Loop, generating $226,800 in annual rental revenue with an assumable MLI Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts, 4 bedrooms, 3.5 bathrooms, and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal, while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft, while lower units offer 678 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, two fireplaces (main level and penthouse), oversized kitchen islands, and large windows for plenty of natural light, with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal, minimizing upkeep for ownership. Located steps from downtown, transit, and Marda Loop's vibrant amenities, this fully operational, cash-flowing asset delivers thoughtful design, efficient studio systems, and strong long-term rental demand — a rare, turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property, and please do not disturb the tenants. More details
    Listed by The Real Estate District
    LISTING DETAILS

  • 1&2 922 17 Avenue NW, Calgary

    1&2 922 17 Avenue NW Mount Pleasant Calgary T2M 0P2
    Main Photo: 1&2 922 17 Avenue NW, Calgary

    1&2 922 17 Avenue NW Calgary T2M 0P2 Mount Pleasant

    $1,525,000
    Residential
    Status:
    Active
    MLS® Num:
    A2336765
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,406 sq. ft.
    Exceptional Investment Opportunity in the Heart of Mount Pleasant! This brand new front and back duplex offers four fully self contained legal dwelling units, making it an ideal addition to any real estate portfolio or a perfect opportunity for owner occupants seeking mortgage helping rental income. Each upper residence features a thoughtfully designed floor plan with 3 spacious bedrooms, 2 full bathrooms, convenient upper-floor laundry, and a bright, open-concept main level complete with a welcoming living room, dining area, modern kitchen, and a 2-piece powder room. The legal basement suites offer 1 bedroom, 1 full bathroom, separate laundry, and private entrances, providing comfortable and desirable rental accommodations. Built with quality craftsmanship and contemporary finishes throughout, this property also includes a double detached garage and low-maintenance landscaping. Situated in the highly sought-after community of Mount Pleasant, residents will enjoy easy access to SAIT, downtown Calgary, Confederation Park, schools, transit, and an abundance of popular restaurants, cafés, shopping, and everyday amenities. With strong rental demand, excellent cash-flow potential, and a prime inner-city location, this is a rare turnkey investment opportunity you won't want to miss. (PLEASE NOTE: PHOTOS ARE FROM A DIFFERENT PROJECT BY THE SAME BUILDER) More details
    Listed by Royal LePage METRO
    LISTING DETAILS

  • 612 12 Avenue NE, Calgary

    612 12 Avenue NE Renfrew Calgary T2E 1B1
    Main Photo: 612 12 Avenue NE, Calgary

    612 12 Avenue NE Calgary T2E 1B1 Renfrew

    $3,000,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2336027
    Floor Area:
    4,968 sq. ft.
    Exceptional Investment Opportunity in Renfrew Brand-New, High-Yield 8Plex. An extraordinary opportunity to elevate your real estate portfolio with this architecturally stunning 8plex, perfectly situated in the heart of Renfrew; one of Calgary’s most desirable inner-city communities. Celebrated for its central location, strong rental demand, and vibrant urban atmosphere, Renfrew provides the ideal backdrop for this purpose-built, income-generating asset. This newly constructed property features four meticulously designed townhomes, each offering 3 spacious bedrooms and thoughtfully crafted living spaces. Complementing each residence are fully legal 2-bedroom basement suites, bringing the total to eight separate rental units; each with its own private entrance. This rare configuration delivers exceptional cash-flow potential and long-term investment flexibility. The exterior architecture blends timeless design with modern sophistication featuring clean lines, premium exterior finishes, and a refined, cohesive colour palette that creates a boutique-style appearance rarely seen in multi-family developments. Professional landscaping, contemporary lighting, and an elegant facade further enhance the property’s striking presence. Quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and oversized energy efficient windows create bright, modern interiors designed to attract quality tenants while minimizing ongoing maintenance costs. Strategically located just minutes from downtown Calgary, this exceptional property offers quick access to major highways, public transit, Renfrew aquatic centre, schools, restaurants, and everyday amenities making it highly attractive to both tenants and investors alike. Eligible for CMHC Select Financing, this is a rare opportunity to secure a turnkey, high-performance multi-family asset in one of Calgary’s strongest rental markets. Don’t miss your chance to own one of Calgary’s most visually striking and intelligently designed investment properties. Contact us today for additional information or to arrange a private tour. (PLEASE NOTE: PHOTOS ARE FROM A DIFFERENT PROJECT BY THE SAME BUILDER) More details
    Listed by Royal LePage METRO
    LISTING DETAILS

  • 2029 & 2031 35 Street SW, Calgary

    2029 & 2031 35 Street SW Killarney/Glengarry Calgary T3E 2X5
    Main Photo: 2029 & 2031 35 Street SW, Calgary

    2029 & 2031 35 Street SW Calgary T3E 2X5 Killarney/Glengarry

    $1,190,000
    Residential
    Status:
    Active
    MLS® Num:
    A2334415
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,995 sq. ft.
    Full-duplex investment opportunity in the established inner-city community of Killarney/Glengarry! Offered for sale as one property, 2029 and 2031 35 Street SW provide approximately 1,995 sq. ft. above grade, with both sides developed into two living spaces for a total of four units. Each bright upper residence offers two bedrooms, one full bathroom, a spacious living and dining area, a functional kitchen and in-suite laundry. Character details include hardwood flooring, generous windows and distinctive wood-plank ceilings with exposed beams. The lower levels are each arranged as an illegal one-bedroom suite, complete with a kitchen, full bathroom, living area, laundry, storage and a generously sized bedroom. With six bedrooms, four bathrooms, four kitchens and four laundry areas in total, the property offers excellent flexibility for investors, multi-generational households or buyers looking to occupy one unit while generating rental income from the others. Three of the four units are currently tenant occupied, providing immediate rental income from possession, while the vacant unit offers flexibility for an owner-occupier or new tenant placement. This established rental configuration creates an appealing opportunity for investors seeking a largely turnkey income property without starting from an entirely vacant building. Situated on an approximately 15.29 x 36.54 metre lot, or approximately 50 x 120 feet, with rear-lane access. The property may also offer future redevelopment or subdivision potential, subject to buyer verification and municipal approval. Located on a mature residential street with convenient access to transit, shopping, schools, parks, major routes and downtown Calgary. An outstanding opportunity to hold, rent, renovate or explore future redevelopment potential in a desirable inner-city community. More details
    Listed by RE/MAX Complete Realty
    LISTING DETAILS
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Data was last updated September 7, 2026 at 06:05 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.