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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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1-12/12
  • 3915 73 Street NW, Calgary

    3915 73 Street NW Bowness Calgary T3B 2L8
    Main Photo: 3915 73 Street NW, Calgary
    $3,500,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2110309
    Floor Area:
    6,132 sq. ft.
    Discover an extraordinary opportunity to secure a premier investment property, meticulously crafted by MCA Construction Group and nestled in the vibrant community of Bowness, Calgary. This investment gem stands as a beacon of potential in one of Calgary's most promising locales, offering a seamless blend of quality, location, and strong future returns. Boasting an enviable position, this property places tenants within easy reach of Calgary's key attractions and institutions. It's a mere 6-minute journey from the serene Bowness Park, 8 minutes from the bustling Market Mall, and within a 10-14 minute radius from esteemed educational institutions such as the University of Calgary, Ambrose University, and SAIT. It is also in a 10-14 radius of Alberta Children’s Hospital and Foothills Hospital. This strategic location underscores the unparalleled appeal of this investment. This turnkey property is a rare find, presenting a unique opportunity to invest in a brand-new construction designed to attract premium rental returns. Additionally, the potential to leverage the CMHC Select Financing program offers an enticing avenue to finance your investment under exceptionally attractive terms, enhancing the financial viability of this venture. We're on hand to provide detailed insights into this advantageous financing option upon request. Spanning almost 9,000 sq ft of sophisticated living space, the property comprises eight units split between four expansive 3-bedroom, 2.5-bathroom upper units (each 1,533 sq ft) and four generous 1-bedroom, 1-bath lower units (each 680 sq ft). Each unit is a testament to modern design and convenience, featuring in-suite laundry, with the lower units also offering in-suite bike parking. These units have been thoughtfully designed to cater to the high-end rental market, ensuring a desirable living experience for tenants and a lucrative investment for you. To further streamline your investment, property management services are available at a preferential rate exclusively for this project, should you require them. Embrace the chance to be part of Bowness's growth story with this standout investment property. Your pathway to securing substantial returns in the vibrant heart of Calgary begins here. More details
    Listed by TREC The Real Estate Company
  • 2211,2209 48 Street SE, Calgary

    2211,2209 48 Street SE Forest Lawn Calgary T2B 1M3
    Main Photo: 2211,2209 48 Street SE, Calgary
    $1,190,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2114059
    Floor Area:
    2,003 sq. ft.
    This Legal Fourplex Represents a Great Investment. Fully Updated with NEW Flooring,NEW Fixtures,NEW Appliances, and Cabinetry, You will not have to worry about keeping these suites rented for years to come. All 3 suites are rented with long term wonderful tenants .Close to Transit, Schools, and Shopping, This property has an incredible Location. Make an investment in Real Estate that will both appreciate as well as provide a solid and Stable Income. LEGAL 4 PLEX FOR SALE ALL UNITS INDEPENDENTLY METERED *61' x 120' MC1 ZONING* Structures ARE 2 UPPER UNITS AND 2 BASEMENT UNITS, ALL WITH SEPARATE ENTRANCES. ALL UNITS 3 BEDROOMS, 1 BATHROOM AND UTILITY ROOM WITH LAUNDRY. Newer FURNACES AND HOT WATER HEATER,New Fenced,New Roof,All Units Are NEWLY RENOVATED with over $200,000 worth of renovation. More details
    Listed by eXp Realty
  • 2022 KENSINGTON Road NW, Calgary

    2022 KENSINGTON Road NW West Hillhurst Calgary T2N 3R6
    Main Photo: 2022 KENSINGTON Road NW, Calgary
    $1,599,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2114732
    Floor Area:
    4,126 sq. ft.
    This fully occupied legal 4-plex on Kensington Rd in West Hillhurst sits on a huge lot (70 x 130 ft) zoned M-C1Each unit has 2 bedrooms, 1 full bathroom, a kitchen with fridge and stove, a washer, and a separate furnace/storage room. Each unit has its own meters, and tenants pay their own utilities. Total building area 4126.20sf. There's a shared balcony for outdoor BBQ. You can park at least four cars in the back. Very close to downtown and walking distance to the popular Kensington shops, schools and the Bow River pathways. The units are easy to rent out, making it a great investment while you plan for future development. This lot could also benefit from potential zoning changes in the future, making it even more valuable. Great opportunity! More details
    Listed by Classic Property Management & Realty Ltd
  • 1640 20 Avenue NW, Calgary

    1640 20 Avenue NW Capitol Hill Calgary T2M 1G8
    Main Photo: 1640 20 Avenue NW, Calgary
    $1,288,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2116232
    Floor Area:
    1,984 sq. ft.
    Excellent investment opportunity! Superb Inner-City location in the community of Capitol Hill. Legal 4-plex situated on a large corner lot with M-C1 Zoning. Great curb appeal with this all brick apartment building consisting of 3-2 bedroom units, and 1-1 bedroom unit. All units are bright and amazingly spacious with smart, practical layouts each with their own in suite storage room. The upper suites have sunny south facing balconies, while the lower suites have numerous large windows. All units are provided an exterior energized parking stall, and each unit is separately metered for electricity. Also featured are front and back entrances, and a convenient bright laundry room with coin operated washer/dryer. Improvements over the years include a new Torch on Roof in 2015, new boiler (IBC Model) and storage tank in 2021, all new windows and sliders in 2014, newer kitchen in Unit 1, newer appliances in unit 2. A well-maintained building close to schools, shopping, U of C, Transit, Confederation Park, and so much more in an active and very vibrant community. All making for a wonderful addition to any Real Estate Portfolio. More details
    Listed by Stonemere Real Estate Solutions
  • 620 2 Street NE, Calgary

    620 2 Street NE Crescent Heights Calgary T2E 3G1
    Main Photo: 620 2 Street NE, Calgary
    $2,699,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2121847
    Floor Area:
    6,408 sq. ft.
    ATTENTION INVESTORS | EXCELLENT REVENUE GENERATING INNER CITY 4 PLEX | VERY RARE OFFERING! |2018 NEW BUILD | This multi-use offering is located in one of Calgary’s most sought after communities, Crescent Heights, in the heart of Calgary. Resting amongst some of the city’s most prestigious communities such as Rosedale, Hillhurst and its own community Crescent Heights.. This opportunity is on a fantastic, quiet residential street with a short walk to public transit, 10 minutes to the Downtown Core, one block from the iconic Peter’s Drive in, Golfing, minutes to award winning restaurants, Peace Bridge, River Pathways , Bridgeland Shopping and quick access to Deerfoot Trail, 16th Avenue and Edmonton Trail providing connectivity to all quadrants of the City. All 4 suites have private front entrances & garages, they are on separate metres, have insuite laundry, separate furnaces & water tanks. Each unit has 3 bedrooms, 3.5 baths, laundry, patio, open kitchen, living room and dining room. More details
    Listed by Real Broker
  • 1407 & 1409 10 Avenue SE, Calgary

    1407 & 1409 10 Avenue SE Inglewood Calgary T2G 0X1
    Main Photo: 1407 & 1409 10 Avenue SE, Calgary
    $2,499,800
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2083625
    Floor Area:
    4,737 sq. ft.
    *SEE MULTIMEDIA LINK FOR FULL DETAILS!!* Ready in SPRING 2024, this BRAND-NEW side-by side infill features 2-BEDROOM LEGAL BASEMENT SUITES on each side, representing 4 LUXURY UNITS in total. This property is perfect for investors, especially those that are interested in a great property to use for short-term rentals! Situated in the heart of Inglewood, just a block away from all the shops, restaurants, coffee shops and amenities that 9th Ave has to offer, this location is a mere 5 min walk to the river pathways, and less than 30 mins on foot to downtown, Stampede Park, and the Saddledome. Quite simply, you won’t find a better inner-city location than this! Professionally built by Professional Custom Homes, with interior design by Erin Gasparini Interior Design, this property boasts a clean, fresh design throughout. The upper units each feature 4 beds plus a den/flex space, and 3.5 baths over 3 levels, with upscale finishings including wide plank engineered hardwood floors, custom cabinetry, quartz countertops including a 10-ft waterfall island, Jenn-Air appliance package, modern tile, black hardware and plumbing fixtures, lacquered MDF closet shelving, and more. Second floors feature 3 beds/2 full baths PLUS a DEN/FLEX space. Entire 3rd levels are devoted to the PRIMARY SUITES with private balcony, fireplace, and SPA-LIKE ENSUITES. Accessible by a private entrance with its own lower patio, the 2 bedroom, 2-bathroom LEGAL BASEMENT SUITES each feature in floor heat, luxury vinyl plank flooring, custom cabinetry, quartz counters including a waterfall island, Samsung Appliances, and more. A timeless brick and Hardie board exterior, landscaping package, two double detached garages and a 10 year new home warranty complete this property. **Please note that both sides of this project are available to purchase independently or together as a package. **Project is under construction with an estimated completion in Spring 2024. ¬¬¬RMS Measurements have been derived from the builders plans and are subject to change upon completion of the home. Interior details are also subject to change through construction. Interior Photos shown are sample images from another project by the same builder and do not represent the actual (upgraded) finishes and floorplan in this project. ** **VISIT MULTIMEDIA LINK FOR FULL DETAILS!** More details
    Listed by RE/MAX House of Real Estate
  • 405/407 28 Avenue NE, Calgary

    405/407 28 Avenue NE Winston Heights/Mountview Calgary T2E 2B6
    Main Photo: 405/407 28 Avenue NE, Calgary
    $1,349,999
    Residential
    Status:
    Active
    MLS® Num:
    A2115694
    Bedrooms:
    12
    Bathrooms:
    4
    Floor Area:
    2,394 sq. ft.
    Welcome to 405 and 407 28 Ave NE, a lucrative side-by-side single title duplex featuring separate entrances for each side, totaling four doors—one for upstairs and one for the basement on each side. This unique setup includes two illegal basement suites, offering the potential to accommodate up to four rental groups, yielding $8,000 per month in income. Currently, all units are rented out, presenting an excellent investment prospect. Situated within walking distance to schools, shopping, parks, and The Winston Golf Club, this property ensures convenience for tenants. Moreover, its proximity to transit facilitates commuting, while being just minutes away from downtown, YYC airport, UofC, SAIT, and Foothills Hospital. Don't miss this chance to capitalize on both immediate returns and future growth potential in Calgary's real estate market. More details
    Listed by Century 21 Bravo Realty
  • 309 34 Avenue NE, Calgary

    309 34 Avenue NE Highland Park Calgary T2E 2J8
    Main Photo: 309 34 Avenue NE, Calgary
    $1,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2117720
    Floor Area:
    2,127 sq. ft.
    Fantastic turn-key investment in inner-city Highland Park, fully renovated full-duplex with new built legalized basement suites generating $81,600 annual rental income. The two sides are identical in size, with a mirrored layout. Main suites have front entrance, three bedrooms, full bath, very big and open living and dining room. Basement legal suites have entrance on the side of the house, two bedrooms with large windows, full bathrooms, living and dinning room. Very big backyards with enough space to park four cars at back. Located on a quiet street, very easy access to highways and public transit, minutes to down town, plenty amenities nearby. More details
    Listed by Golden Keys Realty
  • 604 Southland Green SW, Calgary

    604 Southland Green SW Southwood Calgary T2W 0K2
    Main Photo: 604 Southland Green SW, Calgary
    $928,888
    Residential
    Status:
    Active
    MLS® Num:
    A2115567
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    3,604 sq. ft.
    Are you searching for an incredible turnkey opportunity with the added advantage of long-term tenancy already in place? Look no further! 604 Southland Green is a meticulously maintained and extensively upgraded Bi-Level full side by side, consisting of two units (602-604), each offering many desirable features,close to downtown,public transit and shopping. Step inside to discover two spacious bedrooms on the upper level, providing ample space for comfortable living arrangements. The generously sized kitchens with separate eating areas offer functionality and convenience, ideal for everyday meal preparations and dining. The expansive living rooms provide the perfect setting for relaxation and entertainment, ensuring a welcoming atmosphere. Additionally, the developed basement has two more spacious bedrooms, a second living room, complete with an additional 4-piece bathroom. Currently, both sides of the duplex are occupied by long-term, reliable tenants who treat the property like they own it, essentially alleviating concerns related to vacancy or turnover, providing peace of mind to prospective investors. Notably, the tenants are currently leasing at $1,900 per month, with the leases set to expire in May 2025 (602) and July 2025 (604) Don't let this exceptional opportunity pass you by! Contact your favorite agent today for more information and explore the potential in Southwood. More details
    Listed by CIR Realty
  • 514 34 Avenue NE, Calgary

    514 34 Avenue NE Winston Heights/Mountview Calgary T2E 2J9
    Main Photo: 514 34 Avenue NE, Calgary
    $1,375,000
    Residential
    Status:
    Active
    MLS® Num:
    A2118978
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    3,252 sq. ft.
    INVESTORS' ALERT: Full SxS duplex, situated at Winston Heights. Unit 516 was 98% finished with 3+1 bedrooms, 3 and a half baths, a professionally completed basement with a huge gaming room, wet bar, 4 pcs full bath and big bedroom. 514 was about 80-85% finished, it needs new flooring, painting, cabinet, vanities etc. More details
    Listed by RE/MAX Real Estate (Central)
  • 1415/1417 Rosehill Drive NW, Calgary

    1415/1417 Rosehill Drive NW Rosemont Calgary T2K 1M3
    Main Photo: 1415/1417 Rosehill Drive NW, Calgary
    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2120907
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,799 sq. ft.
    This as a rare find full duplex located in one the best community of Calgary. It is close to SAIT, U of C, Confedration park, gulf course, school, Calgary winter club, airport and highway. It is super convenient for everything and never be vacant. There are 4 unit for rent. Both side basements are legalized. Main floors has two good size bedrooms open concept living and kitchen. One basement has two bedrooms and the other one has one huge bedroom and den area which can be changed to a bedroom if wished. The current renting income is about $72,000/year. The tenants pay utility bill. Every unit has it's own laundry. The solid metal roof is a couple years old. Very good investment property. Come to have a look to appreciate. Showing starts on Saturday. At least 24 hours notice, Showing time is 10am to 8 pm. The main floor tenant may stay at home. Please proceed with respect. Thank you for showing. More details
    Listed by Grand Realty
  • 529 & 533 Walgrove Boulevard SE, Calgary

    529 & 533 Walgrove Boulevard SE Walden Calgary T2X 4A2
    Main Photo: 529 & 533 Walgrove Boulevard SE, Calgary
    $1,319,800
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2122166
    Floor Area:
    3,272 sq. ft.
    Welcome to modern living with this remarkable turnkey investment property in the heart of Walden. Constructed in 2022, this full duplex with legal suites, offers over 4400sq. ft. of thoughtfully developed living space. Offering an ideal canvas for investors seeking a new venture. An open floor plan welcomes you, with luxury vinyl flooring, and high ceilings. The chef's kitchen features quartz countertops, stainless steel appliances, a gas range, and ample storage space. The upper level boasts two generously sized bedrooms, a well-appointed 4-piece bathroom, a convenient bonus room, and a master retreat complete with an ensuite and walk-in closet. The basement legal suites offer independent living spaces with separate entrances, ideal for additional rental income or multigenerational living. Each suite is self-contained with in-suite laundry facilities, a living room, a functional kitchen, a bedroom, and extra storage space, ensuring privacy and comfort for residents. Both units are complemented by detached double car garages, providing secure parking and storage options. Both units are complete with a deck, BBQ gas line, and professionally landscaped yard. This duplex offers easy access to an array of amenities, including schools, parks, shopping, and recreational facilities. This turnkey investment property presents an unparalleled opportunity for astute investors seeking to capitalize on the thriving real estate market. Don't miss your chance to own a piece of this vibrant community and unlock the potential for lucrative returns. Book your showing today! More details
    Listed by CIR Realty
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Data was last updated April 12, 2024 at 12:05 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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