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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
  • 617 1 Avenue NE, Calgary

    617 1 Avenue NE Bridgeland/Riverside Calgary T2E 0B5
    Main Photo: 617 1 Avenue NE, Calgary
    $799,900
    Residential
    Status:
    Active
    MLS® Num:
    A2177456
    Bedrooms:
    8
    Bathrooms:
    5
    Floor Area:
    2,720 sq. ft.
    Attention, Investors! Don’t miss this prime, full-duplex with incredible potential. Featuring four kitchens, five bathrooms, and eight bedrooms across four complete units, this property, though older, remains in good condition. Key Features to Note: 1. Zoning: The property is zoned as MU-2, allowing for commercial or mixed-use residential and commercial development, making it highly attractive for potential development. 2. Ideal for Short-Term Rentals: Its excellent location makes it ideal for Airbnb, offering strong income potential. 3. Perfect for Rooming House Business: With two bus routes directly to the University of California right by the property, it is also perfect for a rooming house operation. 4. Rental Income Potential: For those seeking a quieter investment, you can split them into two larger ones or lease all four units, both options providing substantial annual rental income. Recent Updates and Improvements: One side of the duplex has already been renovated, offering a preview of the potential transformation for the other side. Additionally, the current owner has made several upgrades, including newer windows, doors, roof, and basement water heater. Please note: all appliances and items within the property are sold “AS IS, WHERE IS.” There are also two low-cost parking spaces available in front of the property. For a property with immense future development potential and strong immediate rental returns, It’s truly a cash cow! investors—what are you waiting for? More details
    Listed by Homecare Realty Ltd.
  • 1526 and 1528 35 Street SE, Calgary

    1526 and 1528 35 Street SE Albert Park/Radisson Heights Calgary T2A 1B3
    Main Photo: 1526 and 1528 35 Street SE, Calgary
    $849,900
    Residential
    Status:
    Active
    MLS® Num:
    A2177809
    Bedrooms:
    9
    Bathrooms:
    4
    Floor Area:
    2,343 sq. ft.
    ILLEGALLY SUITED DUPLEX | 4 RENTAL OPPURTUNITES | SEPARATE ENTRANCES | 3 BEDROOMS MAIN FLOOR UNITS | 2 BEDROOMS + A DEN IN THE BASEMENT UNITS | IN-SUITE LAUNDRY IN ALL UNITS | 2 YEAR OLD ROOF SHINGLES | HUGE FRONT AND BACK YARDS | OFF-STREET PARKING FOR 4 | NEWER WINDOWS | EXTREMELY WALKABLE LOCATION! Savvy investors will love that both sides of this illegally suited duplex are included in the sale – that’s 4 self-contained rental opportunities! 3 bedrooms on the main levels, 2 bedrooms + a den in the basement units and all units have separate entrances and their own separate laundry areas for ultimate privacy! The main floor units have expansive balconies overlooking the community and expansive front yards. The basement units have access to the large backyard with ample space for kids and pets to play. Off-street parking for 4 vehicles too! The roof shingles are 2 years old and the main floor windows were replaced 5 years ago, downstairs windows are only 12 years old. Ideally located within walking distance to parks, schools, shops and transit. Mere minutes away from downtown, trendy Inglewood, Fort Calgary Historic Park, the Calgary Zoo and The Max Bell Arena as well as several major roadways that make travelling in and out of the neighbourhood a breeze! The location alone makes this wonderful 4 unit home an outstanding investment opportunity! More details
    Listed by eXp Realty
  • 7106 & 7108 36 Avenue NW, Calgary

    7106 & 7108 36 Avenue NW Bowness Calgary T3B 1T8
    Main Photo: 7106 & 7108 36 Avenue NW, Calgary
    $1,798,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2178363
    Floor Area:
    4,070 sq. ft.
    BRAND NEW FOURPLEX, LEGAL SUITES SEPARATE ENTRYS - EACH UNIT BOASTS OVER 2800 SQFT LIVEABLE SPACE, 4 BATHS, 5 BEDS - 2 CAR DETACHED GARAGE, BACK YARD AND LANE - Welcome to this beautiful new home with modern finishing and high quality upgrades. This home begins with a foyer that leads to an OPEN FLOOR PLAN kitchen, living and dining room. This space features a fireplace to add warmth and large windows bring in a lot of natural light. A 2pc bathroom adjoins a MUD ROOM that provides access to the back patio and yard. A 2 CAR DETACHED GARAGE AND BACK LANE add convenience to this home. The upper level features 3 BEDS and 2 BATHS one of which is the primary with a 5PC ensuite, soak tub, double vanity and WALK IN CLOSET. A family and laundry room complete this level. The LEGAL SUITE WITH SEPARATE ENTRY AND LAUNDRY is complete with 2 bedrooms one of which has a WALK IN CLOSET. 1 bathroom, laundry and a large rec room complete this level. Both kitchens are complete with all STAINLESS STEEL APPLIANCES AND HIGH END CABINETRY. This home is in a solid location with schools, shops, biking/walk paths and the bow river all close by. More details
    Listed by Real Broker
  • 2811 19 Street NW, Calgary

    2811 19 Street NW Banff Trail Calgary T3M 3V7
    Main Photo: 2811 19 Street NW, Calgary
    $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
  • 225 & 229 Creekside Drive SW, Calgary

    225 & 229 Creekside Drive SW C-168 Calgary T0L 0X0
    Main Photo: 225 & 229 Creekside Drive SW, Calgary
    $1,370,000
    Residential
    Status:
    Active
    MLS® Num:
    A2174059
    Bedrooms:
    8
    Bathrooms:
    8
    Floor Area:
    3,216 sq. ft.
    Still under warranty this exceptional turnkey opportunity is perfectly positioned for an investor to just step in. The upper units come fully self contained with 3 bedrooms, 2.5 bathrooms, full laundry, family room and additional bonus room. Gourmet chefs kitchen offers ceiling height, soft close cabinetry, stone countertops and gas range. Off the kitchen you will find a large dining area, half bathroom and mudroom. Full sized laundry located on the top floor along with large primary bedroom with coffer ceiling, large walk-in closet and beautiful ensuite with deep soaker tub. Additional 2 bedrooms, full bathroom and large bonus room completed the functional level. Downstairs you will find the 1-bedroom legal basement suite with 9 foot ceilings, large windows and the same upgraded finishes throughout including designer tiles, wide plank flooring and LED pots lights. Located in the new community of Sirocco in Pine Creek this property is steps from greenspace, soon to be exceptional amenities and lots of new development such as a new commercial complex and school at the end of the street! There is also opportunity to purchase each side of the duplex separately. Proforma for this professionally managed building available upon request. More details
    Listed by Real Broker
  • 4724 Stanley Road SW, Calgary

    4724 Stanley Road SW Parkhill Calgary T2S 2R2
    Main Photo: 4724 Stanley Road SW, Calgary
    $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)
  • 4728 Stanley Road SW, Calgary

    4728 Stanley Road SW Parkhill Calgary T2S 2R2
    Main Photo: 4728 Stanley Road SW, Calgary
    $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)
  • 850 Mcneill Road NE, Calgary

    850 Mcneill Road NE Mayland Heights Calgary T2E 5W6
    Main Photo: 850 Mcneill Road NE, Calgary
    $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
  • 3326-3328 41 Street SW, Calgary

    3326-3328 41 Street SW Glenbrook Calgary T3E 3L2
    Main Photo: 3326-3328 41 Street SW, Calgary
    $1,450,000
    Residential
    Status:
    Active
    MLS® Num:
    A2167276
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,845 sq. ft.
    Welcome to this stunning, fully renovated duplex located in the heart of Glenbrook! This exceptional property is a true gem, boasting modern finishes and an inviting open-concept layout that seamlessly combines style and functionality. Each unit has been meticulously designed to provide a comfortable and contemporary living experience. Step inside to discover brand-new kitchens equipped with sleek stainless steel appliances and beautiful countertops that make meal preparation a joy. Spacious living areas are drenched in natural light, creating an airy ambiance that enhances the overall appeal of the home. With separate entrances for each unit, this duplex offers both privacy and flexibility, making it an ideal investment for those seeking rental income or multigenerational living arrangements. The layout is perfect for tenants who desire their own space while still enjoying the benefits of communal living. Additionally, the property features a roof that is just two years old, ensuring durability and peace of mind for years to come. The inclusion of garages provides added convenience, offering secure parking and extra storage options for residents. Outside, the generous backyards provide private outdoor retreats that are perfect for entertaining friends or unwinding after a long day. Imagine hosting summer barbecues, enjoying quiet evenings under the stars, or cultivating a vibrant garden in these tranquil spaces. Situated in a vibrant neighborhood, this duplex is just a stone's throw away from parks, shops, and dining options, allowing residents to fully immerse themselves in the local community. Whether you’re looking for a smart investment opportunity or a charming place to call home, this turnkey property offers it all. Don’t miss your chance to own a piece of Glenbrook’s charm and modern living. More details
    Listed by CIR Realty
  • 721 4 Avenue NE, Calgary

    721 4 Avenue NE Bridgeland/Riverside Calgary T2E 0K3
    Main Photo: 721 4 Avenue NE, Calgary
    $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.
  • 7228 & 7230 Ogden Road SE, Calgary

    7228 & 7230 Ogden Road SE Ogden Calgary T2C 1B6
    Main Photo: 7228 & 7230 Ogden Road SE, Calgary
    $1,152,500
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2167066
    Floor Area:
    1,760 sq. ft.
    Discover this exceptional full duplex featuring four self-contained legal suites, each with two bedrooms, perfect for maximizing rental income. Each suite boasts a cozy fireplace, in-suite laundry, and a separate entrance for added privacy. The upper suites offer inviting balconies, ideal for enjoying the outdoors. Recent upgrades include new siding, windows, and doors, all completed in 2024, along with composite decking and metal railings on the balconies. The roof was replaced in 2019, ensuring long-term durability and peace of mind. Currently, three units are rented, providing immediate income and showcasing the strong rental demand in the area. With an attractive cap rate of 5.75% and the potential for nearly $1,700 in monthly cash flow, this property presents a compelling investment opportunity. Located in an inner-city neighbourhood, it offers convenient access to downtown, parks, tennis courts, ball diamonds, schools, and a hockey arena. With four parking stalls in the back and a well-maintained exterior, this property is not to be missed! More details
    Listed by Century 21 Bravo Realty
  • 1716 29 Avenue SW, Calgary

    1716 29 Avenue SW South Calgary Calgary T2T 1M7
    Main Photo: 1716 29 Avenue SW, 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
1-12/23
Data was last updated November 14, 2024 at 04:05 PM (UTC)

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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