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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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1-12/23

  • 1527 28 Avenue SW, Calgary

    1527 28 Avenue SW South Calgary Calgary T2T 1J3
    Main Photo: 1527 28 Avenue SW, Calgary

    1527 28 Avenue SW Calgary T2T 1J3 South Calgary

    $1,299,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2148348
    Floor Area:
    2,106 sq. ft.
    Here's your opportunity to own a Solid Investment 4 plex in one of Calgary's best Inner City Neighbourhoods! Featuring 3 Spacious - 2 Bedroom Suites and 1 Bright & Sunny- One bedroom suite you have a great rental mix for years to come. The up/down 'flat' 4 plex configuration lends itself to larger spaces and natural light while giving privacy. All 4 units have Vinyl windows, separate High efficiency HVAC and 2 entrances. Original Oak hardwood, decorative plaster ceilings and 50's faux fireplaces give a stylish midcentury vibe that holds true to today. This property has been carefully maintained with A new Boiler in 2019 and Membrane Roof 2015. Buy and hold as an investment property and look to future redevelopment as this 50' x 125' lot is zoned MC-1 so its a good size and has lots of options. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 416/416A/416B/414 54 Avenue SW, Calgary

    416/416A/416B/414 54 Avenue SW Windsor Park Calgary T2V 0C5
    Main Photo: 416/416A/416B/414 54 Avenue SW, Calgary

    416/416A/416B/414 54 Avenue SW Calgary T2V 0C5 Windsor Park

    $1,268,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2155298
    Floor Area:
    1,695 sq. ft.
    !!!$30,000 Drop!!!. ATTENTION INVESTORS and BUILDERS! Discover an exceptional opportunity to own a revenue property in the vibrant community of Winsor Park in Calgary. This well-maintained side-by-side duplex with 2 LEGAL NEWLY RENOVATED BASEMENT SUITES, double detached garage and fully landscaped backyard. 2 electric meters and 2 gas meters. Firewall installed. Ready to SPLIT TITLE. This property sits on a 60'x120' south-facing lot, perfect for future redevelopment. Featuring 4 units, each are 2 Bedroom Suites with separate entrances and laundry room. Living area (including all 4 units 416, 416A, 416B, 414) measurement is about 3400 sq ft. This property is conveniently located for an easy commute to downtown Calgary, public transit, c-train station and 10 minutes walking distance to Chinook Centre. Also close to Glenmore reservoir, Sandy Beach Park and Rocky view Hospital. All 4 units are occupied by excellent long term tenants, currently on a month to month basis. Showings are only available every Sunday from 1-4pm. Don't miss out on this amazing opportunity! More details
    Listed by Grand Realty
    LISTING DETAILS

  • 1716 29 Avenue SW, Calgary

    1716 29 Avenue SW South Calgary Calgary T2T 1M7
    Main Photo: 1716 29 Avenue SW, Calgary

    1716 29 Avenue SW Calgary T2T 1M7 South Calgary

    $1,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2164283
    Floor Area:
    2,715 sq. ft.
    Welcome to this incredible 4-1 bed, 1 bath property in the heart of vibrant Marda Loop! Each unit is thoughtfully designed, offering comfort and convenience. With a shared common washer/dryer area and a massive backyard, there’s plenty of space for tenants to enjoy. A rare find, the property also boasts a triple detached garage, providing ample parking or storage options. Whether you're an investor seeking consistent rental income or someone looking to live in one unit and rent out the others, this property is an ideal solution. Positioned in one of Calgary’s most desirable neighborhoods, close to trendy shops, cafes, and parks, this 4-plex is the perfect blend of urban living and smart investing. Don’t miss out on this unique opportunity! Call now for your private showing! More details
    Listed by CIR Realty
    LISTING DETAILS

  • 3105 A & B, 3107 A & B 38 Street SW, Calgary

    3105 A & B, 3107 A & B 38 Street SW Glenbrook Calgary T3E 3G4
    Main Photo: 3105 A & B, 3107 A & B 38 Street SW, Calgary

    3105 A & B, 3107 A & B 38 Street SW Calgary T3E 3G4 Glenbrook

    $1,250,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2164549
    Floor Area:
    1,885 sq. ft.
    FULLY RENOVATED LEGAL 4 PLEX IN PRIME INNER-CITY LOCATION WITH EASY ACCESS TO ALL AMENITIES | Welcome to an incredible investment opportunity located in the highly sought-after neighbourhood of Glenbrook, one of Calgary's most desirable communities in the southwest. This well-maintained legal fourplex is perfectly situated on a quiet, tree-lined residential street, offering a peaceful atmosphere while maintaining exceptional convenience. With proximity to public transit options, it provides an easy and quick commute to Calgary’s vibrant downtown core, making it an ideal location for both tenants and owners alike. This property is surrounded by a wealth of amenities, including grocery stores, shopping centers, dining options, recreational facilities, and lush parks. Glenbrook's community parks and green spaces are perfect for families and outdoor enthusiasts. Nearby schools, from elementary to high school, provide excellent education options for families, while major roadways such as Crowchild Trail and Sarcee Trail allow for fast and easy connectivity to all parts of the city, making daily commutes and weekend getaways a breeze. The fourplex itself boasts four well-designed legal suites, each featuring a spacious, open-concept floor plan, ideal for modern living. Each of the 4 units with 2 generously sized bedrooms, these units offer both comfort and functionality. Private front and side entrances provide added privacy and independence for tenants. In-suite laundry facilities, including washers and dryers, add further convenience, enhancing the appeal of each unit for renters. The mechanical rooms in each legal suite house separate furnaces and individual hot water tanks, ensuring efficient heating and energy usage tailored to each tenant’s needs. The property offers ample parking with a double garage + 2 additional designated parking stalls located at the rear of the building, making it easy for tenants to park without hassle. Positive cash flow makes the property an excellent income-generating investment with room for growth in rental rates. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer seeking a stable income property, this fourplex in Glenbrook offers an unbeatable combination of location, convenience, and rental potential. With increasing demand for inner-city living, this property presents a low-risk investment with promising returns. Don't miss out on this rare opportunity! Discover everything this exceptional property has to offer and take the next step in securing a solid investment in Calgary’s thriving real estate market. More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 721 4 Avenue NE, Calgary

    721 4 Avenue NE Bridgeland/Riverside Calgary T2E 0K3
    Main Photo: 721 4 Avenue NE, Calgary

    721 4 Avenue NE Calgary T2E 0K3 Bridgeland/Riverside

    $974,800
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2168286
    Floor Area:
    1,598 sq. ft.
    **PRICE ADJUSTMENT & EASY TO SHOW** Opportunity knocks with this Detached Multi Family complex in Bridgeland. Situated on a Large RC-G Corner lot (45 X 110 SF) with a back alley. This complex has ONE vacant 3 BEDROOM (Main floor) Suite with an attached garage, TWO 1 BEDROOM Suites (south and east in the basement) and ONE bachelor suite (above the garage) and 2 oversized Single car garages. Currently 2 units are vacant making this an ideal situation for someone to live in the 3 bedroom and rent out the remaining 3 other units & the garage(s). Or for the savvy investor to capitalize on the low vacancy rate and put in their ideal tenants. This has endless potential for a buyer looking to subsidize the cost owning a property, or a developer looking to capitalize on a corner lot zoned for Multifamily, or an Investor looking to add to their portfolio. MUST BE SEEN TO BE APPRECIATED. More details
    Listed by Century 21 Bamber Realty LTD.
    LISTING DETAILS

  • 850 Mcneill Road NE, Calgary

    850 Mcneill Road NE Mayland Heights Calgary T2E 5W6
    Main Photo: 850 Mcneill Road NE, Calgary

    850 Mcneill Road NE Calgary T2E 5W6 Mayland Heights

    $1,075,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2170819
    Floor Area:
    2,400 sq. ft.
    Investment opportunity to own a legal four-plex featuring identical corner 3-bedroom bi-level units, each with 1.5 bathrooms and washer/dryer hook-ups. Conveniently located in the community of Mayland Heights, only a 7-minute drive to Downtown and within walking distance to the grocery store, recreational parks, and tennis courts. Each unit is equipped with its own furnace and hot water tank, with tenants responsible for their utilities. The property is fully leased, with every unit having separate entrances and just over 1200 sqft of rentable space. These generously sized bi-level units offer a spacious upper level comprising a living room, kitchen, dining area, laundry room, and half bath, while the lower-level hosts three bedrooms and a full bathroom. Situated on a M-C1 lot measuring 5,896 sqft,120 ft. x 50 ft. The property includes rear parking with four stalls and ample street parking. More details
    Listed by MaxWell Canyon Creek
    LISTING DETAILS

  • 4724 Stanley Road SW, Calgary

    4724 Stanley Road SW Parkhill Calgary T2S 2R2
    Main Photo: 4724 Stanley Road SW, Calgary

    4724 Stanley Road SW Calgary T2S 2R2 Parkhill

    $1,348,888
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2171810
    Floor Area:
    1,620 sq. ft.
    Elboya - 4724 & 4728 Stanley Road SW: INVESTORS/DEVELOPERS. Fantastic opportunity to own two separate 60’ x 125’ lots in the sought-after community of Elboya. Total Land is 15,000 Sqft. Each property is separately titled and must be purchased together, total list price for the package is $2,697,776. The current use on each property is a legal 4-plex. The current Zoning is MC-2. All units have two Bedrooms and one bath. All eight units are well-maintained, and many have long-term tenants. Upper units are 774 sqft, and lower units are 720 sqft. Each unit is self-contained with a private/separate front and rear entrance and is metered with its own electrical panel, HWT, furnace, and in-suite laundry. There is plenty of street parking. 4724 has three outdoor stalls and a double detached garage with a back lane. 4728 has a 4-car garage with a back lane. Prime Inner City Property! Ideally situated in Elboya, just south of Parkhill and within walking distance of Stanley Park and the 39 Ave LRT Train Station. Fantastic Location - steps to MacLeod Trail with quick access to Chinook Centre Mall, Britannia Plaza + Much More !! Easy access to Elbow Drive, Deerfoot & Glenmore Trail and a 10-minute commute into downtown. Excellent holding property, a rare re-development opportunity to own 120 feet of frontage ready for development with solid rental income. Call for more information. More details
    Listed by RE/MAX Real Estate (Central)
    LISTING DETAILS

  • 4728 Stanley Road SW, Calgary

    4728 Stanley Road SW Parkhill Calgary T2S 2R2
    Main Photo: 4728 Stanley Road SW, Calgary

    4728 Stanley Road SW Calgary T2S 2R2 Parkhill

    $1,348,888
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2171824
    Floor Area:
    1,620 sq. ft.
    Elboya - 4724 & 4728 Stanley Road SW: INVESTORS/DEVELOPERS. Fantastic opportunity to own two separate 60’ x 125’ lots in the sought-after community of Elboya. Total Land is 15,000 Sqft. Each property is separately titled and must be purchased together, total list price for the package is $2,697,776. The current use on each property is a legal 4-plex. The current Zoning is MC-2. All units have two Bedrooms and one bath. All eight units are well-maintained, and many have long-term tenants. Upper units are 774 sqft, and lower units are 720 sqft. Each unit is self-contained with a private/separate front and rear entrance and is metered with its own electrical panel, HWT, furnace, and in-suite laundry. There is plenty of street parking. 4724 has three outdoor stalls and a double detached garage with a back lane. 4728 has a 4-car garage with a back lane. Prime Inner City Property! Ideally situated in Elboya, just south of Parkhill and within walking distance of Stanley Park and the 39 Ave LRT Train Station. Fantastic Location - steps to MacLeod Trail with quick access to Chinook Centre Mall, Britannia Plaza + Much More !! Easy access to Elbow Drive, Deerfoot & Glenmore Trail and a 10-minute commute into downtown. Excellent holding property, a rare re-development opportunity to own 120 feet of frontage ready for development with solid rental income. Call for more information. More details
    Listed by RE/MAX Real Estate (Central)
    LISTING DETAILS

  • 2811 19 Street NW, Calgary

    2811 19 Street NW Banff Trail Calgary T3M 3V7
    Main Photo: 2811 19 Street NW, Calgary

    2811 19 Street NW Calgary T3M 3V7 Banff Trail

    $1,099,800
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2176903
    Floor Area:
    1,865 sq. ft.
    Prime Investment Opportunity! Excellent legal 4-plex with a prime Banff Trail Location, directly across from West Confederation Park and near the University of Calgary, SAIT, and Lions Park LRT Station. Purpose-built as a 4-plex, this property boasts spacious, well-designed units with desirable amenities. The two upper units, each around 930 sq. ft., feature two sizable bedrooms (one with a walk-in closet), a 4-piece bathroom, a generous kitchen, and an inviting living-dining area complete with a cozy fireplace. Each unit includes a private laundry room for tenant convenience. The two lower units, spanning 869 and 874 sq. ft., are similarly configured, with slight variations such as standard closets and utility rooms, offering 2 bedrooms, a 4-piece bath, and a comfortable living-dining space, also featuring a fireplace and private laundry facilities. All units benefit from recent furnace upgrades (circa 2013) and come with an energized parking stall at the rear of the property. Additionally, a detached triple garage provides further income potential, offering flexibility for tenant storage or extra rental income. With rents currently below market value, this property offers excellent potential for increased revenue. Long-term tenants occupy the property, 2811 side are on month-to-month leases, 2815 side have leases till the end of March 2025. This is an exceptional opportunity to secure a high-demand, low-vacancy property in a prime location with promising returns. More details
    Listed by RE/MAX Realty Professionals
    LISTING DETAILS

  • 430 / 432 35 Avenue NW, Calgary

    430 / 432 35 Avenue NW Highland Park Calgary T2K 0C1
    Main Photo: 430 / 432 35 Avenue NW, Calgary

    430 / 432 35 Avenue NW Calgary T2K 0C1 Highland Park

    $874,900
    Residential
    Status:
    Active
    MLS® Num:
    A2138633
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,642 sq. ft.
    Amazing investment opportunity! The ideal location close to bus routes and future Transit. Each side has the similar layout with the a bright front living room, a oversized kitchen with plenty on cupboards and storage opening onto the dinning room and comes with vaulted ceilings, laminant floors and a private north facing backyard. The oversized double detached garage one one side.(432). Each side has three generous sized bedrooms and full bath on the lower level. Close to all amenities and minutes away from downtown. This quiet neighbourhood has a lot to offer parks, schools, shopping. Currently Rented call for details. Close to Nosehill Park and Confederation Golf Course. More details
    Listed by Hope Street Real Estate Corp.
    LISTING DETAILS

  • 2816 18 Street SW, Calgary

    2816 18 Street SW South Calgary Calgary T2T 1K1
    Main Photo: 2816 18 Street SW, Calgary

    2816 18 Street SW Calgary T2T 1K1 South Calgary

    $1,399,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2135655
    Floor Area:
    1,871 sq. ft.
    Welcome, to one of the best investment opportunities in South Calgary. This Detached 4-plex with two illegal suites is situated on a 125 X 42 ft M-C1 corner lot, located in the heart of South Calgary. All 4 units are 2 bedrooms with 1 4pc bath and the oversized double detached garage is rented out separately. Excellent revenue property with over $8,000 monthly gross income so rent, hold, or redevelop. This property has a prime inner-city location perfectly situated between Marda Loop and 17th Ave. In a city where location is everything, you can walk to downtown and have quick access to U of C, Mount Royal, hospitals, and major traffic routes. This is a rare opportunity to own a revenue property, on a spacious lot, in one of the most sought-after neighbourhoods in all of Calgary. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 535, 533 24th Avenue NW, Calgary

    535, 533 24th Avenue NW Mount Pleasant Calgary T2M 1X4
    Main Photo: 535, 533 24th Avenue NW, Calgary

    535, 533 24th Avenue NW Calgary T2M 1X4 Mount Pleasant

    $3,200,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2143418
    Floor Area:
    1,100 sq. ft.
    Attention developers & Investors this is a prime, inner city, Mount Pleasant land assemblage / redevelopment site with MC-2 zoning. Don't miss this RARE OPPORTUNITY which includes lots 23, 24, 25 & 26 combined, offering 100' frontage x 180' lot depth, approximately 18.000 sqft lot size or 0.41 acres. Fantastic inner-city location, close to Downtown Calgary. Properties 531 (Linc# 0019928655) along with 535 & 533 (Linc# 0019928647) 24th Avenue NW must be purchased together. Proposed development plans are for an apartment building comprising of 49 purpose built rental units 43 - 1 bed units + 3 - 2 bed + 3 bachelor units w/1 level of underground parking - 41 stalls. Land survey, geotechnical report, and ESA report available to view in the supplements, along with a recent commercial property appraisal $3.17 million (2023) of properties in their current state. Also, potential with the City of Calgary approval to rezone to build even more i.e. 75+ units with 2 levels of parking and potential commercial retail units (CRU's) at grade. MC2 is one of the highest medium-density zoning with tremendous flexibility to build commercial, multi-family, 4-6 storey apartment buildings are just some of the options with City of Calgary approval. Prime location within walking distance to Confederation Park, Mount Pleasant community amenities, schools, transit, shops & restaurants on 4th Street & 16th Ave NW. Quick commute to SAIT + Downtown Calgary, University of Calgary, Alberta Children’s Hospital & Foothills Hospital. This is an incredible opportunity to either develop the proposed multi-family development plans or develop your own vision for a dynamic multi-family project catering to Calgary’s growing demand for housing or hold onto these inner-city Calgary properties with solid revenue generation for future redevelopment. Existing side by side properties currently generate $132,600 in gross annual income offering rental income during your planning phase. Note: Total SQFT / Building Area is the combined RMS measurements of the existing properties. 535 & 533 24th Avenue NW (built 1950) is a renovated bungalow 1108 sqft main floor legal suite with a 1031 sqft legal lower-level suite. 531 24th Avenue NW (built 1947) is a renovated 2-storey offering 2564 sqft above grade with a legal main floor + illegal upper-level suite(s) + 975 sqft illegal lower-level suite all in great condition. Develop the proposed plans, bring your own vision / plans to life or buy and hold - the possibilities are endless. Please do not disturb tenants/access property. Showings of properties subject to an accepted offer to purchase. More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS
1-12/23
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Data was last updated November 8, 2024 at 10:05 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.