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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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  • 3815/3817 43 Street SW, Calgary

    3815/3817 43 Street SW Glenbrook Calgary T3E 3P8
    Main Photo: 3815/3817 43 Street SW, Calgary

    3815/3817 43 Street SW Calgary T3E 3P8 Glenbrook

    $969,900
    Residential
    Status:
    Active
    MLS® Num:
    A2240078
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,284 sq. ft.
    Legal Duplex in Glenbrook – Updated | 6 Beds | 4 Baths | 4 Parking Stalls Incredible opportunity in Glenbrook—this fully updated, legal duplex offers two completely self-contained units with separate entrances, private utilities, and over 2,280 sq ft of total living space. Whether you're an investor, a multi-generational family, or looking to live in one unit and rent the other, this property delivers exceptional flexibility and value. Each side features 3 spacious bedrooms, 1.5 bathrooms, refinished flooring, and updated stainless steel appliances. Key mechanicals have been professionally updated, including high-efficiency furnaces, two newer hot water tanks, a new roof (2022), and new windows (2024)—making this a true turn-key opportunity. Bonus: There’s future potential to develop the basements and add dedicated laundry to each side, enhancing both functionality and rental income. Property Highlights include 1,145 sq ft (right) + 1,139 sq ft (left), 3 bedrooms & 1.5 bathrooms per unit, Completely separate units with private entrances, Separate furnaces, hot water tanks, and utilities, Refinished flooring & stainless steel appliances, Roof replaced in Dec 2022, new windows in 2024, 4 dedicated parking stalls + backyard, Basement development and in-unit laundry, short drive to MRU, downtown, shopping, transit & mountain routes This is the perfect fit for investors, multi-generational families, or buyers looking for live-up/rent-down flexibility. With major updates already done and additional potential to increase value, this is a rare find in one of Calgary’s most convenient and desirable inner-city neighborhoods. Whether you're looking to expand your portfolio or live in style while building equity, this duplex is a rare, turn-key opportunity in a high-demand, high-growth area. More details
    Listed by Century 21 Bamber Realty LTD.
    LISTING DETAILS

  • 641 & 639 69 Avenue SW, Calgary

    641 & 639 69 Avenue SW Kingsland Calgary T2V 0P1
    Main Photo: 641 & 639 69 Avenue SW, Calgary

    641 & 639 69 Avenue SW Calgary T2V 0P1 Kingsland

    $1,374,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2239987
    Floor Area:
    1,933 sq. ft.
    Your chance to own 4 fully renovated legal suites, all with separate entrances! *VISIT MULTIMEDIA LINK FOR FULL DETAILS, INCLUDING 3D TOUR & FLOORPLANS!* Move-in ready, this stylish 4-plex in Kingsland has TWO 2-bedroom upper suites PLUS TWO 2-bedroom basement legal suites—perfect for investors, multigenerational families, or buyers seeking rental income to offset their mortgage. No condo fees mean you enjoy the freedom of full ownership with fewer restrictions and lower monthly costs. Located just 3 minutes from Chinook Centre and surrounded by shopping, dining, and amenities along Macleod Trail, this home offers incredible convenience. Commuters will love the proximity to both Heritage and Chinook LRT stations (only 4 minutes away), plus easy access to Glenmore and Macleod Trail for smooth travel across the city. For investors, both sides of this renovated duplex are available—purchase one or secure the entire property for maximum flexibility and future rental potential. The upper suite showcases a bright, open-concept layout with vaulted ceilings, large windows, and engineered hardwood flooring throughout. The brand-new kitchen is equipped with quartz countertops, stainless steel appliances, a tile backsplash, and generous cabinetry. Two spacious bedrooms with built-in closets are tucked away from the main living areas, while the 4-piece bathroom offers quartz counters, tiled flooring, and a fully tiled tub/shower combo. Convenient in-suite laundry with a stacked washer/dryer completes this level. The lower suite has its own private entrance and is fully legalized by the City of Calgary. Finished with luxury vinyl plank flooring, this beautifully updated space features a well-appointed kitchen with quartz counters and a tile backsplash, a dining nook, two bedrooms—including one oversized room with two large windows and built-in shelving—and a full 4-piece bathroom. Laundry rough-in is available in the mechanical room. Upgraded insulation throughout for energy efficiency and additional soundproofing between the suites for improved comfort and privacy. Enjoy the private, south-facing backyard—perfect for relaxing or catching some sun. A detached single garage and additional parking pad offer flexibility for parking or storage. Set in a mature, well-connected neighbourhood bordering Calgary’s inner city, Kingsland offers peaceful streets, quick access to Glenmore Reservoir and Heritage Park, and excellent access to schools, transit, and major roads. This is a fantastic opportunity to own a fully renovated investment property in a convenient location with income-generating potential. Book your private showing today! More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 1 & 2 2122 15 Street SW, Calgary

    1 & 2 2122 15 Street SW Bankview Calgary T2T 3Y8
    Main Photo: 1 & 2 2122 15 Street SW, Calgary

    1 & 2 2122 15 Street SW Calgary T2T 3Y8 Bankview

    $999,900
    Residential
    Status:
    Active
    MLS® Num:
    A2239830
    Bedrooms:
    8
    Bathrooms:
    6
    Floor Area:
    3,860 sq. ft.
    One of a kind dream property for investors or house hackers! Here are a few numbers: 8 bedrooms, 6 bathrooms, 4 finished levels, 4 permanent parking spots. 3 kitchens, 3 laundry rooms, 2 titles. Nearly 5000 sqft of finished area. A thousand possibilities. Legal up/down duplex consists of main level plus basement illegal suite as 1 half, plus upper level and lofted 3rd level as the other. Most recently this was rented long term for the basement, and short term for the rest and generated excellent revenue last year in this configuration. (see proforma) But you could configure it your own way. Maybe you want to live on the main, short-term the upper and long-term the lower? You'd basically live for free! Maybe down the road you need some capital... you could sell half. Maybe long term you want to develop? A 37.7 X 118.5" flat lot gives you options. However you choose to use this property, you win. More details
    Listed by Real Broker
    LISTING DETAILS

  • 423 10 Avenue NE, Calgary

    423 10 Avenue NE Renfrew Calgary T2E 0X5
    Main Photo: 423 10 Avenue NE, Calgary

    423 10 Avenue NE Calgary T2E 0X5 Renfrew

    $1,425,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2240044
    Floor Area:
    2,221 sq. ft.
    Fantastic LEGAL 4 plex! All units are completely self contained townhomes. Well maintained and in great conditions. Long term tenants. 8 year old roof, Shows very well. Great location close to downtown and many amenities. made up of 1 - 3 bedroom unit and 3 - 2 bedroom units. All are units are 1,047 sqft all with their own laundry facilities. More details
    Listed by The Real Estate District
    LISTING DETAILS

  • 7321 & 7323 Huntertown Crescent NW, Calgary

    7321 & 7323 Huntertown Crescent NW Huntington Hills Calgary T2K 4K3
    Main Photo: 7321 & 7323 Huntertown Crescent NW, Calgary

    7321 & 7323 Huntertown Crescent NW Calgary T2K 4K3 Huntington Hills

    $649,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2239789
    Floor Area:
    2,613 sq. ft.
    70’ WIDE CORNER LOT – shows 65’ frontage because of angled corner. Full duplex in prime Huntington Hills location being sold at land value because of foundation issues. Discover the perfect addition to your real estate portfolio strategically located in the sought after community of Huntington Hills. This property offers a unique investment opportunity, combining immediate rental income potential with great future redevelopment options. PRIME LOCATION - Nestled in a vibrant neighbourhood, just steps away from local parks and playgrounds. Its close proximity to top rated schools, shopping centers and essential conveniences adds to the property's allure, ensuring a high demand from potential tenants. The strategic positioning within Huntington Hills guarantees a consistent rental demand. Each unit in the duplex is designed for comfortable living, appealing to a wide range of renters. Seize this opportunity to invest in a high potential property in a PREMIUM CORNER LOCATION. More details
    Listed by RE/MAX Landan Real Estate
    LISTING DETAILS

  • 3104 41 Street SW, Calgary

    3104 41 Street SW Glenbrook Calgary T3E 3L1
    Main Photo: 3104 41 Street SW, Calgary

    3104 41 Street SW Calgary T3E 3L1 Glenbrook

    $1,200,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2239481
    Floor Area:
    2,584 sq. ft.
    Opportunity awaits in the desirable community of Glenbrook! Welcome to 3104 41 Street SW, a well-located and versatile fourplex situated on a large 75’ x 120’ corner (8984 sq.ft) corner lot, providing excellent redevelopment potential or a strong long-term hold. This property features 4 spacious suites, two offering 2 bedrooms and two offering 3 bedrooms, all with long-term tenants who would love to stay, providing reliable income from day one. Built in 1973, this bilevel fourplex offers approximately 50 years of rental history and could be revitalized to add value or redeveloped entirely to match the exciting transformation happening in this sought-after neighbourhood. The site is designated Multi-Residential (MR), allowing for flexible redevelopment options including various multi-unit configurations (subject to city approval). The prominent corner location at 41 Street SW and 30 Avenue SW provides outstanding frontage, excellent sightlines, and increased design opportunities. This is a prime inner-city redevelopment site in an area experiencing significant infill activity, making it attractive for developers and investors alike. The lot is currently improved with a multi-residential fourplex structure, but its size and configuration create plenty of options for a creative builder looking to maximize the site’s potential. Glenbrook is a mature community known for its accessibility, schools, parks, shopping and transit connections, appealing to families and professionals alike. Downtown Calgary is just minutes away, and the location is close to major roadways while still nestled in a quiet residential setting. The property is currently generating stable rental income from four suites, making it an ideal holding property while redevelopment plans are made. This is your chance to acquire a large, corner redevelopment lot with an income-producing asset in one of Calgary’s popular SW communities. Whether you’re an investor looking for strong income with upside, or a builder seeking your next project, this property represents a compelling opportunity. Bring your vision and design ideas — the possibilities here are extensive! More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS

  • 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

  • 2504 18 Street NW, Calgary

    2504 18 Street NW Capitol Hill Calgary T2M 3T6
    Main Photo: 2504 18 Street NW, Calgary

    2504 18 Street NW Calgary T2M 3T6 Capitol Hill

    $2,999,999
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2238958
    Floor Area:
    5,108 sq. ft.
    Incredible income-generating opportunity on a corner lot in sought-after Capitol Hill—ideal for students, professionals, and healthcare workers. This stucco-exterior property features 4 income-generating units, including mother-in-law suites with separate entrances. The main floor includes a kitchen, family room, nook, and powder room, while the top floor boasts a primary bedroom with full ensuite, two additional bedrooms, full bathroom, and laundry. The lower-level mother-in-law suite includes a bedroom, full bath, kitchen, and living room with private entrance. Enjoy high-efficiency HVAC systems, a four-car detached garage, and unbeatable proximity to downtown, public transit, Foothills Hospital, Children’s Hospital, the University of Calgary, SAIT, Confederation Park Golf Course, and scenic walking and biking paths. Call Kam Nijjar today for more information on this exceptional investment opportunity in Capitol Hill! More details
    Listed by TREC The Real Estate Company
    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
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Data was last updated July 17, 2025 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.