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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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1-12/27

  • 822, 826, 830, 834 Wolf Willow Boulevard SE, Calgary

    822, 826, 830, 834 Wolf Willow Boulevard SE Wolf Willow Calgary T2X 5R5
    Main Photo: 822, 826, 830, 834 Wolf Willow Boulevard SE, Calgary

    822, 826, 830, 834 Wolf Willow Boulevard SE Calgary T2X 5R5 Wolf Willow

    $3,399,888
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2236628
    Floor Area:
    6,352 sq. ft.
    MLI SELECT PROGRAM COMPLIANT | 8 UNITS | SHANE BUILT HOMES | 4 DOUBLE CAR GARAGES | ALL OF THE UNITS TENANTED ALREADY | 2 FULL DUPLEXES BESIDE EACH OTHER | 20 BEDROOMS & 16 BATH | Exceptionally rare opportunity to acquire four consecutive lots featuring two brand-new FULL duplexes, each with legal basement suites—for a total of 8 fully self-contained units. The owners bought these units through the MLI Select Program. The CMHC financing might be transferable (pending approval). Some of the units are already rented out. Located in the rapidly growing and nature-rich community of Wolf Willow, these turnkey properties offer an incredible investment opportunity with strong monthly cash flow potential. Each upper unit is thoughtfully designed with 3 spacious bedrooms, 2.5 bathrooms, a large family room, bonus room, and full-sized laundry. The kitchens feature quartz countertops, stainless steel appliances, and open to generous dining areas, mudrooms, and convenient half baths. Upstairs, the primary bedrooms offer walk-in closets and beautiful ensuites, while two additional bedrooms and a full bath complete the functional layout. The legal basement suites provide two bedrooms (one with a walk-in closet), full kitchens, spacious rec rooms, 4-piece bathrooms, laundry areas, utility rooms, and extra storage—each with a private entrance. Detached garages are included with each unit, enhancing tenant appeal and convenience. Each unit is separately metered. Nestled beside the scenic Bow River, Wolf Willow is known for its parks, walking trails, and peaceful natural surroundings, with easy access to Stoney Trail, Deerfoot Trail, and nearby amenities. This is a turn-key, high-cashflow property ideal for investors seeking stable returns and long-term value in a thriving Calgary community. More details
    Listed by Real Broker
    LISTING DETAILS

  • 1832 17 Avenue NW, Calgary

    1832 17 Avenue NW Capitol Hill Calgary T2M 0S2
    Main Photo: 1832 17 Avenue NW, Calgary

    1832 17 Avenue NW Calgary T2M 0S2 Capitol Hill

    $3,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2236306
    Floor Area:
    4,462 sq. ft.
    Enhance your real estate portfolio with this premier new construction rental development in Capitol Hill, one of Calgary’s most desirable inner-city communities. Scheduled for completion in the end of 2026, this purpose-built investment property consists of two buildings featuring a total of eight rental suites. Each building includes a spacious upper unit with three bedrooms and 2.5 bathrooms, as well as a well-appointed lower unit offering one bedroom with kitchen and full bathroom. A four-car detached garage with lane access provides added convenience and tenant appeal. Strategically located near downtown Calgary, 17th Avenue, parks, transit, and shopping, the property is ideally positioned to attract quality tenants and command above-average rents. Investors will appreciate the thoughtful design, superior construction, and long-term rental potential of these townhomes.The development is distinguished by its low-maintenance Hardy board exterior, high-efficiency HVAC systems, and durable finishes throughout—ensuring reduced operating costs and long-term durability. These modern, well-designed units are tailor-made for consistent cash flow and minimal upkeep. With estimated rents of $2,850 for upper suites and $1,450 for lower units Whether you're a seasoned investor or looking to diversify your holdings, this exceptional income-generating property offers the perfect blend of location, quality, and financial performance. For more information, contact us and take the next step toward securing a high-performing asset in Calgary’s thriving rental market. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 2311 16 Street SW, Calgary

    2311 16 Street SW Bankview Calgary T2T 4E6
    Main Photo: 2311 16 Street SW, Calgary

    2311 16 Street SW Calgary T2T 4E6 Bankview

    $1,249,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2251364
    Floor Area:
    1,855 sq. ft.
    For more information, please click the "More Information" button. Seize the opportunity to own a fully tenanted multifamily fourplex in one of Calgary’s most desirable inner-city communities. This well-maintained property consists of two self-contained units, both fully leased, generating a combined rental income of $7,450 per month. Offering reliable cash flow from day one, this turnkey investment combines immediate returns with excellent long-term appreciation potential. Located in the vibrant Bankview neighbourhood, just minutes from downtown Calgary, the property provides exceptional convenience for tenants. Its prime inner-city location ensures quick commutes, excellent transit access, and close proximity to some of the city’s most popular lifestyle hubs, including Kensington, 17th Avenue SW, and Marda Loop. Bankview is known for its elevated city views, character-filled streets, and walkable community feel, making it a highly sought-after area for renters. The location offers quick access to major commuter routes, public transit, and a wealth of shopping, dining, and recreational amenities. More details
    Listed by Easy List Realty
    LISTING DETAILS

  • 6815 5 Street SW, Calgary

    6815 5 Street SW Kingsland Calgary T2V 1A9
    Main Photo: 6815 5 Street SW, Calgary

    6815 5 Street SW Calgary T2V 1A9 Kingsland

    $3,199,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2251817
    Floor Area:
    4,998 sq. ft.
    Massive 4plex for with 4 Legal Suites in the basement of each unit! Thats 8 total units for rent complete with 4 Garages making this a superior rental property. The basements have access to their own private entrances! Beautiful design and modern finishes make this one of the best looking 4 plexes in Calgary. City center location means its minutes to Rocky view Hospital, close to downtown, near Mount Royal University and right beside Chinook Center. Providing prime rentals to students, hospital staff and downtown professionals. Upper units come complete with 2 bathrooms, 3 bedrooms, living, dining rooms and large kitchens. The basements are impressive as well, their own separate entrance, TWO bedrooms, single bathroom and spacious living room with kitchen complete with 9 foot ceilings. This 8-unit property (4 townhomes each with a legal suite) may qualify for CMHC’s MLI Select program, which can offer financing with down payments starting as low as 5% and extended amortizations. Eligibility and terms subject to lender and CMHC approval. More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • 1511 23 Avenue NW, Calgary

    1511 23 Avenue NW Capitol Hill Calgary T2M 1V2
    Main Photo: 1511 23 Avenue NW, Calgary

    1511 23 Avenue NW Calgary T2M 1V2 Capitol Hill

    $2,979,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2267276
    Floor Area:
    5,190 sq. ft.
    An exceptional opportunity to own a brand-new 4plex with 4 legal basement suites—a total of 8 self-contained rental units complete with 4 single garages, offering outstanding income potential and long-term value. Each basement suite has its own private entrance, ensuring privacy and flexibility for tenants. Showcasing modern architecture and premium finishes, this property stands out as one of Calgary’s most impressive multi-family builds. Perfectly located in Capitol Hill, just off 14th Street NW, it provides unbeatable access to SAIT, the University of Calgary, Confederation Park, hospitals, downtown, and major transit routes. The upper units each offer 3 bedrooms, 2 bathrooms, open-concept living and dining areas, and a spacious kitchen with high-end finishes. The basement suites feature 9-ft ceilings, 1 bedroom, 1 bathroom, and bright, functional layouts designed for comfort and efficiency. Built to a higher standard with superior construction quality and a unique drive-in design, this property combines form and function beautifully. Eligible for CMHC’s MLI Select program, offering potential low down payments and extended amortizations (subject to lender and CMHC approval). A rare chance to secure a turnkey 8-unit property in one of Calgary’s most desirable inner-city neighborhoods. Feel free to reach out for more details More details
    Listed by MaxWell Canyon Creek
    LISTING DETAILS

  • 7604 21A Street SE, Calgary

    7604 21A Street SE Ogden Calgary T2C 0W2
    Main Photo: 7604 21A Street SE, Calgary

    7604 21A Street SE Calgary T2C 0W2 Ogden

    $2,790,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2267496
    Floor Area:
    5,251 sq. ft.
    A rare opportunity to acquire a brand-new 4-plex with 4 legal basement suites — a total of 8 fully self-contained rental units complete with 4 single garages — delivering exceptional income potential and long-term stability for any investor. Each lower suite enjoys its own private entrance, maximizing privacy, tenant appeal, and flexibility for leasing. Crafted with modern architecture and upscale finishes, this build stands out as one of the most impressive multi-family offerings in the SE corridor. Situated in the rapidly transforming community of Ogden, it offers quick access to major arteries including Glenmore Trail, Deerfoot Trail, Stoney Trail, industrial employment hubs, Quarry Park, downtown transit routes, schools, and amenities — making it an ideal, high-demand rental location. The upper units feature 3 bedrooms, 2 bathrooms, bright open-concept living and dining spaces, and contemporary kitchens with premium finishing throughout. The legal basement suites include 9' ceilings, 2 bedroom, 1 bathroom, and well-planned layouts for efficient and comfortable living. Built to a higher construction standard with thoughtful design, including a unique drive-in configuration for easy garage access, this 8-unit asset is also eligible for CMHC MLI-Select (subject to lender/CMHC approval), allowing potential reduced down payment and extended amortization options. A true turn-key multi-unit investment in a high-growth SE community — opportunities of this caliber are rarely available. Contact for full details. More details
    Listed by MaxWell Canyon Creek
    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

  • 4 Rossburn Crescent SW, Calgary

    4 Rossburn Crescent SW Rosscarrock Calgary T3C 2N5
    Main Photo: 4 Rossburn Crescent SW, Calgary

    4 Rossburn Crescent SW Calgary T3C 2N5 Rosscarrock

    $3,200,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2274184
    Floor Area:
    5,348 sq. ft.
    Exceptional Brand-New 4-Plex with 8 Self-Contained Units in Rosscarrock! Welcome to an extraordinary investment opportunity in one of Calgary’s most desirable inner-city communities — Rosscarrock. Perfectly positioned on a prime corner lot overlooking pristine green space, this brand-new 4-plex offers modern design, impeccable craftsmanship, and exceptional income potential with a total of 8 fully self-contained suites (4 main units plus 4 legal basement suites, subject to final City of Calgary approval). Each of the four main units is a beautifully designed two-storey home featuring 3 spacious bedrooms upstairs, open-concept main living areas, and a private detached garage with storage. The basement suites each feature 1 bedroom, a full kitchen, laundry, and separate private entrance, making them ideal for rental income or multi-generational living. From the ground up, this property showcases the finest in modern building materials and finishing details. You’ll find luxurious quartz countertops, rich hardwood flooring, designer ceramic tile, high ceilings, and elegant lighting throughout. The gourmet main kitchens boast gas cooktops with built-in ovens and microwaves, while the suites feature electric ranges with over-the-range microwaves, all complemented by stainless steel appliances and thoughtful layouts. Every unit has its own mechanical room and laundry, ensuring true independence and ease of maintenance — that’s 8 separate furnaces, 8 hot water systems, and 8 laundries. Adding to its innovation, this 4-plex features Tri-Filler by Biosenta, a revolutionary new anti-germ building product, enhancing long-term hygiene and durability. The property also qualifies for the CMHC multi-unit financing program, offering investors an attractive, low-risk entry into Calgary’s thriving rental market. Whether you’re an investor seeking turnkey revenue, or a developer adding a showpiece to your portfolio, this premium multi-family complex in Rosscarrock represents unmatched quality, location, and long-term value. Some Highlights: 4 brand-new two-storey main units + 4 legal suites (8 total units) Each with private entrance, 4 garage units, storage & laundry Quartz counters, hardwood, tile, high ceilings, gas cooktops Anti-germ Tri-Filler by Biosenta! CMHC loan program eligible! Corner lot with park frontage in Rosscarrock Your next-level investment opportunity is here — a turnkey 8-unit 4-plex built for modern living, strong returns, and lasting value. More details
    Listed by MaxWell Canyon Creek
    LISTING DETAILS

  • 11254 6 Street SW, Calgary

    11254 6 Street SW Southwood Calgary T2W 1V9
    Main Photo: 11254 6 Street SW, Calgary

    11254 6 Street SW Calgary T2W 1V9 Southwood

    $1,249,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2280116
    Floor Area:
    2,160 sq. ft.
    EXCEPTIONAL INVESTMENT OPPORTUNITY in a highly desirable Southwest community, within three blocks of the Anderson C-Train Station and Southcentre Mall! This TRUE LEGAL FOURPLEX generates $74,400 in annual rental revenue with excellent tenants in place and strong upside for future rent increases—a rare and highly sought-after asset in this prime, transit-oriented location. Purpose-built as a fourplex (NOT a converted duplex like many others on the market), this solid investment offers over 4,320 SQ.FT. of total living space across four fully self-contained units, an extremely rare configuration in today’s market. Each unit features three bedrooms, its own private entrance, a dedicated furnace, separate electrical meter, individual hot water tank, in-suite washer and dryer, ample storage, a fenced private yard, and a dedicated parking stall—a combination that consistently attracts quality, long-term tenants and supports strong rental demand. Two of the units have been completely renovated throughout, while a third unit has received numerous updates including a new dishwasher, fresh paint, new baseboards, updated window coverings, and new closet doors. The fourth unit is occupied by long-term tenants and has also seen improvements, including bathroom upgrades, a new washing machine, and a new hot water tank. Additional property-wide upgrades include new windows and patio doors, high-efficiency furnaces, updated hot water tanks, and various cosmetic improvements, making this a turn-key investment with immediate cash flow and long-term upside. Located in a high-demand Southwest location with consistent tenant appeal, excellent access to transit, shopping, and amenities, and strong tenants already in place, this is a rare opportunity to acquire a LEGAL fourplex that truly checks every box for investors. If you’ve been searching for a proven income property with stability, scale, and future potential—THIS IS IT! More details
    Listed by Real Broker
    LISTING DETAILS

  • 424 Sabrina Road SW, Calgary

    424 Sabrina Road SW Southwood Calgary T2W 1P9
    Main Photo: 424 Sabrina Road SW, Calgary

    424 Sabrina Road SW Calgary T2W 1P9 Southwood

    $1,395,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2282689
    Floor Area:
    5,028 sq. ft.
    424 Sabrina Road SW presents a rare opportunity to acquire a fully modernized, income-generating rare 3 bedroom units/1.5 bath/ fourplex in the established community of Southwood. With extensive renovations completed in 2024 and strong in-place rental income, this property is ideally suited for hands-off investors seeking reliable cash flow and long-term growth potential in Calgary’s southwest. Property Type: Fourplex (Bi-Level Configuration) Total Living Area: 5,028 sq. ft. (2,564 sq. ft. RMS + fully developed lower levels) 4 self-contained units Each unit includes 3 bedrooms and 1.5 bathrooms Year Built: 1972 Zoning: MC-1 (Medium-Density Low Profile Residential) Parking: 5 surface stalls, resurfaced in 2024, with ample street parking available Lot: Standard inner-city lot with retaining wall recently rebuilt Recent Renovations and Capital Improvements (2024) This property has undergone a complete transformation, both inside and out. All four units were fully renovated to appeal to today’s quality-conscious tenants while minimizing maintenance needs for ownership. Interior upgrades include: Fully renovated kitchens with granite countertops, brand new cabinets, and stainless steel appliances Bathrooms completely redone with new tubs, tile work, vanities, fixtures, and modern finishes Durable LVL plank flooring installed throughout both upper and lower levels Fresh paint, trim, and lighting updates throughout all units Exterior and mechanical upgrades: New energy-efficient windows and patio doors in each unit Separate furnaces, hot water tanks, and individual utility meters per unit Resurfaced parking lot with defined stalls Reconstructed retaining wall for long-term stability Updated exterior finishes to enhance curb appeal These renovations were designed with long-term durability, tenant satisfaction, and rental optimization in mind. Income and Financial Performance 424 Sabrina Road SW is fully leased with fixed one-year terms. All four units are currently rented at market rates, providing predictable and stable cash flow from day one. The gross rental income is $8,350 per month, or $100,200 annually. All tenants are responsible for their own utilities, thanks to separately metered systems. Key financial metrics: Gross Annual Rents: $100,200 Net Operating Income (NOI): Approx. $78,720 annually Cap Rate: 5.4% at asking price Utility Structure: All tenant-paid (gas, water, electricity) This property offers strong investment fundamentals with minimal projected maintenance, making it an excellent asset for portfolio stabilization or long-term wealth building. Bi-Level Design Advantage Unlike traditional up/down duplex configurations, each of the four units in this property features a full bi-level design. This provides tenants with more usable space and a layout that feels more like a single-family home, resulting in better tenant retention and increased rental appeal. buyer will accept current RPR. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 2811 2 Street NE, Calgary

    2811 2 Street NE Tuxedo Park Calgary T2E 1Z9
    Main Photo: 2811 2 Street NE, Calgary

    2811 2 Street NE Calgary T2E 1Z9 Tuxedo Park

    $3,298,800
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2283180
    Floor Area:
    5,258 sq. ft.
    An outstanding opportunity to enhance your real estate portfolio with this architecturally refined, purpose-built four-plex, ideally located in the heart of Tuxedo Park, one of Calgary’s most desirable inner-city communities. Known for its central location, consistent rental demand, and vibrant urban appeal, Tuxedo Park provides the perfect backdrop for this income-producing asset. This newly constructed development consists of four thoughtfully designed townhome style residences, each featuring three spacious bedrooms. In addition, every unit includes a fully legal two-bedroom basement suite, resulting in eight self contained rental units, each with a private entrance an exceptional configuration that maximizes income potential and operational flexibility. The property makes a strong first impression with its striking curb appeal. A timeless yet modern architectural design showcases clean lines, premium exterior materials, and a cohesive, sophisticated colour palette. Professional landscaping, contemporary lighting, and a unified façade contribute to a boutique feel rarely seen in multi-family projects. Interiors are finished with a focus on durability, efficiency, and modern aesthetics. Each suite features quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and oversized energy efficient windows, offering long term tenant appeal while supporting low maintenance and operating costs. Ideally situated just minutes from downtown Calgary, the property offers convenient access to major roadways, public transit, parks, schools, and everyday amenities making it highly attractive to tenants and investors alike. Eligible for CMHC Select Financing, this turnkey opportunity represents a rare chance to acquire a high performance, income generating asset in a high demand rental market. Contact us today for further details or to arrange a private viewing. Property will be ready for Q4 2026. More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS

  • 7406-7408 Hunterfield Road NW, Calgary

    7406-7408 Hunterfield Road NW Huntington Hills Calgary T2K 4L1
    Main Photo: 7406-7408 Hunterfield Road NW, Calgary

    7406-7408 Hunterfield Road NW Calgary T2K 4L1 Huntington Hills

    $1,295,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2276447
    Floor Area:
    1,990 sq. ft.
    Here is the perfect investment, the hard work is all done for you . Just purchase and rent! This is a beautiful, very high quality, thorough renovation! A newly finished, legally suited side by side duplex. The upper 2 units have had substantial facelifts and have been opened up with, new kitchens with quartz counter tops on the islands, new bathrooms, new flooring, all new light fixtures, all new appliances, private laundry, separate heating and their own electrical panels. The lower units are completely new starting from the framing out. They have 5 large, new egress windows, separate heating and electrical panels, private laundry and all new everything in each unit. The building has a new rubber membrane roof, new casement window's throughout, new fencing, new parking pads (for 8 vehicles off street) all with parking stops, new kitchen appliance throughout, new landscaping and front sod. The upper suites are 3 bedroom and a 4 pc bath, the lower units 2 bedroom and 4pc bath, all are bright and fresh. It is a single title to make for easier financing. Rents total $6400 per month; tenants pay their own utilities and must be assumed. Don't miss out...places like this don't come to market often...this is your chance. More details
    Listed by Century 21 Bamber Realty LTD.
    LISTING DETAILS
1-12/27
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Data was last updated February 26, 2026 at 02:05 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.