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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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  • 3232 19 Avenue SE, Calgary

    3232 19 Avenue SE Southview Calgary T2B 0A5
    Main Photo: 3232 19 Avenue SE, Calgary
    $994,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2122385
    Floor Area:
    625 sq. ft.
    Property is a legal 4-plex on a large lot on a pretty Southview street. Photographs are for Unit "D" currently a successful AirB&B. Three units have long term renters with a stated gross income $6100 (TBV) + tenant pay utilities (all separate meters). Total living space per unit is a spacious 1188 ft2, each private unit (one on each corner) has 3 large basement bedrooms and 4 pc bath and their own parking stall. Good setup and solid income in a family friendly location near shopping on 17th, all levels of schools, express transit with lots of greenspace nearby. Southview is close to the core with all the recent infrastructure projects makes for a great future ROI with net positive income! Invest in Calgary's phenomenal growth or live in one unit while the others pay your mortgage! More details
    Listed by RE/MAX First
  • 4423 Bowness Road NW, Calgary

    4423 Bowness Road NW Montgomery Calgary T3B 0A7
    Main Photo: 4423 Bowness Road NW, Calgary
    $2,499,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2124521
    Floor Area:
    1,437 sq. ft.
    INCREDIBLE INVESTMENT OPPORTUNITY Live in luxury in a gorgeous 2020 build fourplex in the desirable community of Bowness / Montgomery with tons of upgrades, PRIVATE ROOFTOP PATIO and fantastic views! Brand new construction in 2020 Stunning executive fourplex units with generous floor plans to maximize the space of each of these luxury two storeys. This elegant design building features four units with 2 upper bedrooms plus one in the basement and 3 1/2 bathrooms in spacious floor plans of 1436 sq ft for each unit. On the main floor, kitchens will be an absolute dream with high-end appliances including cooktop, island and generous-sized pantry. The statement stone fireplace wall enhances the opulence of the hub of these units. Upstairs are two large and beautiful bedrooms which will each have their own ensuites. Your very own private rooftop terrace completes this outstanding unit. A fully finished basement with a third bedroom, full bathroom, rec room and shiny wet bar will provide extra space for your family living. Perfectly situated in the high-demand, mature, and family-friendly community of Montgomery offering something for everyone. This community has character and charm, a lushly treed neighbourhood, boasting shops, restaurants, and great schools. Just a short stroll to Market mall and UOC. Don't let this fantastic opportunity slip by, call your realtor today to book your showing! More details
    Listed by RE/MAX House of Real Estate
  • 2302 16A Street SW, Calgary

    2302 16A Street SW Bankview Calgary T2T 0N2
    Main Photo: 2302 16A Street SW, Calgary
    $999,999
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2122200
    Floor Area:
    1,881 sq. ft.
    Attention Investors! With a lucrative 7.8% CAP Rate, seize this prime opportunity to benefit from an updated and fully rented 4-plex. Alternatively, generate rental income while awaiting permits for your development plans. Nestled in the highly desirable Bankview area adjacent to Buckmaster Park, this property offers easy access to Calgary's vibrant Beltline entertainment and arts district. Boasting a monthly Gross Income of $7,555.00, all tenants have been meticulously vetted within the past year and have signed leases where the utilities are paid by the tenants. The building comprises 5 units, with 4 compliant with city regulations, including a top-floor 2-bedroom unit, a 1-bedroom unit, and a bachelor unit on the main floor, as well as rear walk-out 1-bedroom units. Engineered for low maintenance, the property features a roof replacement approximately 8 years ago, all copper wiring, absence of poly-b plumbing, and furnace-forced air heating in all units. Comprehensive documentation such as RPR, sewer and electrical inspections, proforma, floor plan, and 3D tour are available for review. Elevate your investment portfolio today with this exceptional opportunity! More details
    Listed by Real Broker
  • 919 32 Avenue NW, Calgary

    919 32 Avenue NW Cambrian Heights Calgary T2K 0B1
    Main Photo: 919 32 Avenue NW, Calgary
    $1,225,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2129137
    Floor Area:
    2,038 sq. ft.
    Welcome to this substantially updated legal 4-plex in the sought-after neighborhood of Cambrian Heights. Main floor units are 935.22 square feet 2 bedroom units and the lower suits are 838.53 & 839.94 square feet with a very large 1 bedroom on the lower levels. Situated just a short walk from Confederation Park, this property offers easy access to amenities and transportation. Meticulously maintained, the property boasts newer white kitchens and bathrooms with ceramic tiling in all units. Updates include 4 furnaces and shingles replaced in 2011, ensuring the building's efficiency and structural integrity. Hot water tanks were replaced between 5-8 years ago. Each unit features hardwood floors on the main level, providing a warm and inviting living space. Off-street parking for 4 vehicles is available at the back of the property. The sale includes 4 refrigerators, 4 electric stoves, 2 dishwashers, 2 washers, 2 dryers, and 2 storage sheds. The window coverings owned by the sellers are also included. The total size of the property is 3,901.85 square feet, with the main level measuring 2,037.72 square feet and the basement 1,864.13 square feet. The 50ft frontage lot offers ample space for outdoor enjoyment. Title and Real Property Reports are available in the supplements on the listing. Currently, the property generates a monthly income of $4,225, which is considered low for the area, presenting an opportunity for potential growth. Don't miss the chance to own this well-maintained and income-generating property in a desirable location. More details
    Listed by RE/MAX Real Estate (Central)
  • 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:
    A2130867
    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
  • 1516 29 Avenue SW, Calgary

    1516 29 Avenue SW South Calgary Calgary T2T 1M3
    Main Photo: 1516 29 Avenue SW, Calgary
    $1,295,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2131438
    Floor Area:
    1,650 sq. ft.
    INVESTOR 4 plex with prime inner city location for future land appreciation to add to your investment return. Current REVENUE of $73,200/year in a inner city LOCATION with quick access to downtown and the popular Marda loop community. Three 2 bedroom suites plus a 1 bedroom suite. Front entrance main level has two 2 bedroom units, Rear entrance has a walk out basement access for the 2 lower level units. Double garage with lane access. The current increasing demand for rentals offers the opportunity to increase the current income from $73,200/year. More details
    Listed by MaxWell Capital Realty
  • 1711 36 Street SE, Calgary

    1711 36 Street SE Albert Park/Radisson Heights Calgary T2A 1C7
    Main Photo: 1711 36 Street SE, Calgary
    $1,100,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2134523
    Floor Area:
    1,982 sq. ft.
    Legal 4 plex ! This property has a huge upside potential with rents well below market. This property is configured with 2 units up and 2 units down. All units are close to 1000 square feet with 3 bedrooms, full bathroom and insuite laundry. All units have large kitchens and good sized Livingroom's. The upper 2 units have balconies and the lower units have large windows for plenty of natural light. You have 4 off street parking and a nice flat yard. Some upgrades include siding some hot water tanks, furnace and some newer appliances. More details
    Listed by RE/MAX Complete Realty
  • 4903 20 Avenue NW, Calgary

    4903 20 Avenue NW Montgomery Calgary T3B 0V4
    Main Photo: 4903 20 Avenue NW, Calgary
    $3,200,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2137292
    Floor Area:
    5,269 sq. ft.
    Introducing a Brand New 4plex in the vibrant neighbourhood of Montgomery, featuring Legal Suites. Each unit showcases an open concept design that seamlessly integrates the living room, dining area, and kitchen on the main floor, creating a spacious and inviting atmosphere. The upper level is thoughtfully arranged with three bedrooms, including a luxurious master suite, 2.5 bathrooms, and a convenient laundry area. The fully finished basement in each unit includes a legal suite with a private bedroom, bathroom, separate laundry, and furnace, ensuring optimal privacy and comfort for tenants. This exceptional property is just minutes from the serene Bowness Park, Market Mall, the University of Calgary, Ambrose University, SAIT, the Children's Hospital, and the Foothills Hospital. Its strategic location underscores the unparalleled appeal of this investment. This turnkey property is a rare find, presenting a unique opportunity to invest in brand-new construction designed to attract premium rental returns. Moreover, the potential to leverage the CMHC Select Financing program offers an enticing avenue to finance your investment under highly favourable terms, significantly enhancing the financial viability of this venture. More details
    Listed by Exa Realty
  • 7407 36 Avenue NW, Calgary

    7407 36 Avenue NW Bowness Calgary T3B 1V2
    Main Photo: 7407 36 Avenue NW, Calgary
    $1,099,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2137885
    Floor Area:
    2,017 sq. ft.
    An exceptional turnkey investment opportunity awaits in Bowness, often considered the next "NEW KENSINGTON” in the coming years! This fourplex features two 3-bedroom main floor units and 2 legal basement suites with huge windows, each with 2 bedrooms. All four units boast large open-concept kitchen and living room areas, with additional storage rooms. Each unit also includes its own dedicated washer and dryer. Currently, the fourplex is occupied by long-term, respectful tenants who have expressed interest in continuing their tenancy. The property is equipped with 4 high-efficiency furnaces and offers over 3,700 sq/ft of living space. It has seen significant improvements in recent years; the main floor 3-bedroom units have been fully renovated, as shown in the attached photos. The lower units are also in above-average condition. Ideally situated near various amenities such as Superstore, Bowness High School, Bowcroft School, Catholic elementary school Our Lady of the Assumption, Bowness Park, the Farmer’s Market and with convenient access to the mountains and a quick walk to the Bow River (out of the flood zone), this low-maintenance fourplex is a fantastic addition to your long-term investment portfolio! More details
    Listed by RE/MAX Real Estate (Central)
  • 1727 12 Avenue SW, Calgary

    1727 12 Avenue SW Sunalta Calgary T3C 0R5
    Main Photo: 1727 12 Avenue SW, Calgary
    $1,299,999
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2139139
    Floor Area:
    3,012 sq. ft.
    Prime location and revenue generating property in desirable community of Sunalta, within walking distance to Sunalta C-Train station and a lots of shopping/dining options. Also close to some of Calgary's best schools (Western Canada, Mount Royal, Sacred Heart), and nearby tennis courts for active living. This well maintained 2 storey, four unit building is zoned M-CG d111 with potential monthly revenue over $7000 City assessment as 4-plex available. Both 2 storey units feature 3 bedrooms and laundry; one with a full bath and 2 pc en suite; the other with a full bath, 3 pc en suite, and 2 pc powder room on the main floor. Basement units (2 bed/1 bath and 1 bed/1 bath) include private access from common entry way/landing and shared laundry room. 4 parking stalls accessible from rear laneway. Exceptional revenue and/or development value More details
    Listed by Royal LePage METRO
  • A & B 1819 & 1821 42 Street SE, Calgary

    A & B 1819 & 1821 42 Street SE Forest Lawn Calgary T2B 1G1
    Main Photo: A & B 1819 & 1821 42 Street SE, Calgary
    $1,050,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2138657
    Floor Area:
    1,249 sq. ft.
    Attention investors! Legal 4-plex with 4 suites each with 1150ft2 developed. All Three bedroom, one bathroom, separate laundry rooms, separate meters and many updates including mechanicals. Current configuration: two long term rentals $1400 each plus utilities and two well established airB&B units renting at $150/ night. Lots of parking out back (4+). RMS Square footage for 1821 listed but 1819 should be the same for a total of about 2500ft2 developed. A tidy building with flexible income opportunities for the retail investor! Call your favorite Realtor today for more information! More details
    Listed by RE/MAX First
  • 4634 4 Street NW, Calgary

    4634 4 Street NW Highland Park Calgary T2K 1A2
    Main Photo: 4634 4 Street NW, Calgary
    $1,125,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2139507
    Floor Area:
    1,998 sq. ft.
    INVESTORS, welcome to your potentially next best-performing asset. This purpose-built fully legal four-plex sits on a massive 7200 sqft lot backing onto a permanent green space in the inner city. An impressive $69,600 annual rent and a first-year cap rate of 5.8% await a savvy investor. For more information, please click on the Brochure button below. More details
    Listed by Easy List Realty
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Data was last updated June 22, 2024 at 02:05 AM (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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