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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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13-24/31

  • 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/ 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. Address: 424 Sabrina Road SW, Calgary, AB 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

  • 6203 Rundlehorn Drive NE, Calgary

    6203 Rundlehorn Drive NE Pineridge Calgary T1Y 1M6
    Main Photo: 6203 Rundlehorn Drive NE, Calgary

    6203 Rundlehorn Drive NE Calgary T1Y 1M6 Pineridge

    $840,000
    Residential
    Status:
    Active
    MLS® Num:
    A2245518
    Bedrooms:
    7
    Bathrooms:
    4
    Floor Area:
    2,248 sq. ft.
    Perfectly located full duplex located directly across the street from Pineridge school and there are 2 more schools and a rec centre kitty corner from the property and it's directly across the street from a strip mall as well! Location doesn't get any better! one side (6203) has 3 bedrooms upstairs and a 4th bedroom downstairs, open floor plan on the upper level with a large kitchen, dining area and a living room. There is a 2 piece ensuite bathroom as well as a full 4 piece bathroom. The basement has the bedroom, tons of storage in the mechanical/laundry room and the front attached single garages have been turned into living spaces (there is drywall and insulation done - just needs flooring to finish it off and turn it into a rec room) The yard can accommodate a detached garage if you wanted to leave the converted garages as is. Great opportunity for investors with great built in tenants! ALL levels and grades of schools are located within a kilometer of this duplex, Strip mall and a convenience store directly across the street, bus stop rightoutside your door and Easy access to Stoney and Deerfoot trails, downtown, airport, local amenities and so much more! More details
    Listed by Real Broker
    LISTING DETAILS

  • 2817 & 2815 16 Avenue SE, Calgary

    2817 & 2815 16 Avenue SE Albert Park/Radisson Heights Calgary T2A 0M7
    Main Photo: 2817 & 2815 16 Avenue SE, Calgary

    2817 & 2815 16 Avenue SE Calgary T2A 0M7 Albert Park/Radisson Heights

    $1,650,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2260744
    Floor Area:
    3,897 sq. ft.
    Start earning income from day one in this incredible turn-key investment opportunity! Two separately titled 2016-built 2-storey infills, both with their own legal, registered basement suite. Long-term leases are in place for all four suites with over $100,000 in gross annual income. Each upper suite offers 3 bedrooms, 2.5 baths, upper floor laundry, high ceilings, luxury finishings, open-concept living, gas fireplace, mud room and more. Each lower suite offers 2 beds, 1 bath, open-concept kitchen & living, separate laundry and storage. Each side has a fenced yard and double detached garage. Adjacent to the trendy neighbourhood of Inglewood, Albert Park is an up-and-coming community just FIVE MINUTES from downtown Calgary with its own MAX bus stop for easy access around the city. Access to the Bow River pathways, Valleyview Park, Pearce Estate Park, Inglewood Bird Sanctuary, Inglewood Golf Club and the Calgary Zoo give you incredible connection to nature. The YYC airport is a quick drive up Deerfoot Trail. With the option to Airbnb or long-term rent, the opportunities are endless. Please inquire for full lease details. *Interior photos are of 2817* More details
    Listed by Century 21 Bamber Realty LTD.
    LISTING DETAILS

  • 5930&5932 Trollinger Street NE, Calgary

    5930&5932 Trollinger Street NE Thorncliffe Calgary T2K 3W6
    Main Photo: 5930&5932 Trollinger Street NE, Calgary

    5930&5932 Trollinger Street NE Calgary T2K 3W6 Thorncliffe

    $849,000
    Residential
    Status:
    Active
    MLS® Num:
    A2263828
    Bedrooms:
    9
    Bathrooms:
    3
    Floor Area:
    1,171 sq. ft.
    Full Side by Side Duplex, both 5930 & 5932 are under one title, one Linc number. Note dimensions, room sizes separately stated are for each side. Each side main floor square footage is 1170.6 sq.ft. The lot size is. 61.48x114.01. Fantastic location just off Centre Street in Thorncliffe, a block to the community Centre! Backs onto a large privately owned open field. Terrific opportunity. Both sides have lower level walk out entrances at the front, plus side entrances. Both sides have development down, could be turned into a four plex. Separate electric meters, newer furnace in each unit. Lower level of 5930 is almost completely developed with a four piece bathroom, needs renovations. 32 year tenant just moved out of 5930. Terrific tenant for 35 years in 5932, plus is in nice condition. 5932 has two rooms developed down, RI plumbing, and lots of storage. Currently both sides are under one title. Both sides have a concrete balcony with access off the dining areas. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 16 Beaver Dam Place NE, Calgary

    16 Beaver Dam Place NE Thorncliffe Calgary T2K 4X3
    Main Photo: 16 Beaver Dam Place NE, Calgary

    16 Beaver Dam Place NE Calgary T2K 4X3 Thorncliffe

    $815,000
    Residential
    Status:
    Active
    MLS® Num:
    A2269615
    Bedrooms:
    7
    Bathrooms:
    4
    Floor Area:
    1,483 sq. ft.
    Terrific Side-by-Side Duplex Backing onto a Park! Nestled on a quiet cul-de-sac, this spacious duplex sits on a large lot and offers excellent income potential. The property features two side-by-side units plus one illegal basement suite, along with an oversized 27' x 22' double garage that has been divided for secure parking on each side—ideal for generating additional cash flow. Each main floor offers 741 sq. ft. with 2 bedrooms and a 4-piece bathroom. The 16A illegal basement suite includes 2 bedrooms, a comfortable living area, full kitchenette, and a 3-piece bath. Both upper and lower levels are equipped with their own washer and dryer for added convenience. Side 16 can easily be reconfigured, as the basement already includes a kitchenette and there's existing plumbing on the main floor to add laundry— simply install a door to create two private spaces (see floorplans for details). The backyard backs directly onto a large park and also offers lane access to the garage. This is an amazing investment opportunity with multiple rental options and strong long-term potential! More details
    Listed by Royal LePage Benchmark
    LISTING DETAILS

  • 642 & 646 Rangeview Street SE, Calgary

    642 & 646 Rangeview Street SE Rangeview Calgary T3M 2K1
    Main Photo: 642 & 646 Rangeview Street SE, Calgary

    642 & 646 Rangeview Street SE Calgary T3M 2K1 Rangeview

    $1,340,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2276414
    Floor Area:
    1,804 sq. ft.
    Rare opportunity to own two separately titled, 2024-built luxury homes in the award-winning community of Rangeview. This impeccably crafted TRUMAN-built package offers immediate cash flow with legal basement suites already generating over $87,000 in gross annual income. Both sides offer mirrored layouts with distinct, high-end aesthetics: one side features a sophisticated "New York" dark palette, while the other offers a crisp, modern "L.A. White" finish. The upper units feature 3 bedrooms and 2.5 bathrooms across a sun-drenched, open-concept main floor. Experience soaring 9’ ceilings and luxury vinyl plank (LVP) flooring throughout. The expansive kitchens serve as the home's epicenter, boasting quartz countertops, extended full-height soft-close cabinetry, stainless steel appliances, and a massive pantry. Upstairs, a central bonus room leads to the primary bedroom, complete with a generous ensuite and walk-in closet. Two additional spacious bedrooms and a dedicated laundry room provide ultimate functionality. The legal basement suites were purpose-built for privacy and comfort. Each 1-bedroom, 1-bathroom legal suite features a separate entrance, LVP flooring, independent laundry, and an open-concept kitchen with ample cabinetry and a truly spacious living area. Each side is complete with professional landscaping, a fully fenced yard, and a double detached garage. Located just minutes from the Calgary South Health Campus, major retail hubs, and Stoney Trail, this turn-key property is the ultimate addition to any investment portfolio or the perfect multi-generational living setup. More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 3715 14 Street NW, Calgary

    3715 14 Street NW Collingwood Calgary T3B 5K1
    Main Photo: 3715 14 Street NW, Calgary

    3715 14 Street NW Calgary T3B 5K1 Collingwood

    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2277465
    Bedrooms:
    9
    Bathrooms:
    5
    Floor Area:
    1,852 sq. ft.
    4 UNITS - Located just north of downtown in the highly sought-after community of Collingwood, this well-maintained full duplex with two illegal basement suites presents an incredible opportunity for investors. Featuring a total of four self-contained units—each with separate entrances—this property offers strong rental income and long-term value growth in a great community. Each main floor suite offers a spacious 2-bedroom, 1-bathroom layout with bright living areas, functional kitchens, and private laundry. The lower-level suites include 1-2 bedrooms, full kitchens, and their own bathrooms, providing flexibility for extended family . The property has been well cared for, with thoughtful updates, solid mechanicals, and excellent tenants already in place. Outside, enjoy a west-facing backyard that captures the evening sun, a detached double garage, and ample street parking. Sitting on a large 557 sq. m lot (R-CG zoning), this property also holds future redevelopment potential in one of Calgary’s most established communities—just minutes from SAIT, U of C, Confederation Park, and downtown. Whether you’re looking to expand your investment portfolio or live in one unit while renting the others, this Collingwood duplex delivers the perfect combination of location, stability, and upside potential. More details
    Listed by The Real Estate District
    LISTING DETAILS

  • 1440 45 Street SW, Calgary

    1440 45 Street SW Rosscarrock Calgary T3C 2C2
    Main Photo: 1440 45 Street SW, Calgary

    1440 45 Street SW Calgary T3C 2C2 Rosscarrock

    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2276381
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,050 sq. ft.
    Rarely offered in today’s market, this well-maintained 4-plex in Southwest Calgary presents a compelling opportunity for investors seeking scale, stability, and long-term upside. Located at 1438/1440 45 Street SW, this attached multi-unit residential property features four fully self-contained rental units, each approximately 1,050 sq. ft. RMS, for a total of approximately 4,200 sq. ft. of developed living space, including basements. Each unit offers a functional, tenant-friendly floor plan with spacious living rooms, dedicated dining areas, full kitchens, multiple bedrooms, four-piece bathrooms, and in-suite laundry. Well-proportioned layouts, excellent natural light, and efficient use of space support strong rental demand, long tenant retention, and durable cash flow, making this an ideal asset for investors focused on performance and longevity. Situated in a highly desirable and established Southwest Calgary community, the property benefits from close proximity to schools, parks, public transit, major commuter routes, shopping, and everyday amenities. This central location continues to attract quality tenants and has demonstrated resilience across market cycles, reinforcing the property’s long-term investment appeal. Additional value is provided by rear lane access and a detached garage, offering flexibility for tenants and owners alike. The property’s configuration supports multiple investment strategies, including holding for steady income, operational optimization, or future redevelopment potential, subject to municipal approvals. Whether you are expanding an existing rental portfolio, entering the Calgary multi-family investment market, or securing a strategic inner-city revenue property, this 4-plex in Southwest Calgary represents a rare opportunity to acquire a sizable, versatile asset with location, scale, and upside all in one offering. More details
    Listed by Real Broker
    LISTING DETAILS

  • 5507 & 5505 8 Avenue SE, Calgary

    5507 & 5505 8 Avenue SE Penbrooke Meadows Calgary T2A 0B2
    Main Photo: 5507 & 5505 8 Avenue SE, Calgary

    5507 & 5505 8 Avenue SE Calgary T2A 0B2 Penbrooke Meadows

    $900,000
    Residential
    Status:
    Active
    MLS® Num:
    A2279476
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,892 sq. ft.
    Side-by-side duplex on a single title featuring FOUR fully self-contained units, each with its own private entrance, separate appliances, and in-suite laundry—a RARE and efficient multi-family opportunity in SE Calgary. Many of the units have been thoughtfully updated with newer cabinetry, quartz countertops, and modern finishes, creating a clean, contemporary feel for tenants. A new FOUR CAR detached garage adds significant value and is currently rented to two separate business tenants, providing additional income potential. Fence posts have already been installed, offering a head start for a future owner to complete the fencing and further enhance privacy and curb appeal. All existing tenants would like to stay, making this a truly turn-key investment with immediate flow. The location is a major highlight: just 1.1 km to Lucky Supermarket, steps from multiple well-reviewed restaurants, and only a two-minute walk to the nearest playground. The property is also within walking distance to FOUR schools, making it highly attractive to families and long-term tenants. Residents enjoy easy access to parks, established pathway systems, excellent transit, and nearby shopping, with quick connectivity to major routes throughout the city. A strong income property in a proven rental location with excellent walkability and long-term upside. What are you waiting for? More details
    Listed by CIR Realty
    LISTING DETAILS

  • 7614 & 7616 21 Street SE, Calgary

    7614 & 7616 21 Street SE Ogden Calgary T2C 0V5
    Main Photo: 7614 & 7616 21 Street SE, Calgary

    7614 & 7616 21 Street SE Calgary T2C 0V5 Ogden

    $910,000
    Residential
    Status:
    Active
    MLS® Num:
    A2280459
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,056 sq. ft.
    Exceptional investment opportunity in Ogden! Welcome to 7614 & 7616 21 Street SE, a well-maintained FULL side-by-side DUPLEX offering outstanding flexibility, income potential, and future development upside. This spacious bi-level design offers OVER 2,050 sq.ft. above grade and features a side entrance layout that creates the potential to separate the upper and lower levels, or keep it as two full units and enjoy an incredible spacious living space. The main floor in each unit features 3 bedrooms, a full bathroom, spacious living room, dining area, and a generous kitchen. The left side lower level is approximately 75% finished, offering a large family room, 4th bedroom (non-egress window), full bathroom, laundry, and potential for a kitchenette or further development. The right side lower level includes a fourth bedroom (non-egress window), a renovated full bathroom, and additional unfinished space ready for customization. Outside, enjoy an oversized detached double garage, separated to provide a single garage per unit, plus rear parking pads on each side + tons of street parking. Offering excellent long-term potential, including the possibility to convert to a legal fourplex (subject to permits and approvals). Numerous UPGRADES over the years include newer windows, roof (house & garage), furnaces, hot water tanks, and more. One unit is currently tenant-occupied. Floorplans are available in the supplements. Ideally located close to schools, parks, transit, shopping, and major routes, with a quick commute to downtown. A rare and versatile opportunity—don’t miss it! More details
    Listed by RE/MAX First
    LISTING DETAILS

  • 4013 Vance Place NW, Calgary

    4013 Vance Place NW Varsity Calgary T3A 0M7
    OPEN HOUSE: Feb 14, 2026
    12:00 PM - 03:00 PM MST
    Open House on Saturday, February 14, 2026 12:00PM - 3:00PM
    Main Photo: 4013 Vance Place NW, Calgary

    4013 Vance Place NW Calgary T3A 0M7 Varsity

    $1,099,000
    Residential
    Status:
    Active
    MLS® Num:
    A2280423
    Bedrooms:
    9
    Bathrooms:
    4
    Floor Area:
    1,901 sq. ft.
    OPEN HOUSE SAT FEB 14 12-3PM. Fantastic investment opportunity in the sought-after community of Varsity! This full side by side bi-level duplex offers three separate living spaces and an unbeatable location just minutes from the University of Calgary, Foothills Medical Centre, Alberta Children’s Hospital, schools, parks, shopping, and transit. 4013 Vance Place is split into two self contained units: the upper level features 2 spacious bedrooms, a 4-piece bathroom, in-suite laundry, hardwood floors, a bright living room, and a large eat-in kitchen with access to a private deck, while the lower level has a separate entrance, 2 bedrooms, a 3-piece bathroom, its own laundry, and comfortable living space—ideal for extended family. 4015 Vance Place is a full up-and-down unit with 5 bedrooms, a 4-piece bathroom, and a 3-piece bathroom, plus hardwood floors upstairs, an updated kitchen with newer appliances and garden door to a private deck, a spacious living room, and a large lower-level family room with oversized windows for an abundance of natural light. The oversized double detached garage is divided to provide each side with a private stall, and there is additional off-street parking for the lower 4013 illegal suite. Updates include lower-level windows on both sides (2020), hot water tanks (2022), and upgraded electrical panels and furnaces. Situated on a huge pie-shaped lot in a quiet cul-de-sac, this property offers a total of 9 bedrooms, 4 full bathrooms, 3 kitchens, and separate laundry for each unit, making it a versatile and high-yield addition to any investment portfolio. More details
    Listed by RE/MAX Real Estate (Mountain View)
    LISTING DETAILS
13-24/31
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Data was last updated February 14, 2026 at 12:05 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.