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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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1-12/20

  • 7106 & 7108 36 Avenue NW, Calgary

    7106 & 7108 36 Avenue NW Bowness Calgary T3B 1T8
    Main Photo: 7106 & 7108 36 Avenue NW, Calgary

    7106 & 7108 36 Avenue NW Calgary T3B 1T8 Bowness

    $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
    LISTING DETAILS

  • 1824 29 Avenue SW, Calgary

    1824 29 Avenue SW South Calgary Calgary T2T 1M8
    Main Photo: 1824 29 Avenue SW, Calgary

    1824 29 Avenue SW Calgary T2T 1M8 South Calgary

    $1,079,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2183069
    Floor Area:
    1,600 sq. ft.
    Here's your chance to own a 4 plex in the sought after Neighbourhood of Marda Loop! Just steps from all the stops & shops of one of Calgary's best inner-city neighbourhoods you can't get much better than this for a long term investment property. Featuring 4 - 1 Bedroom suites each with separate mechanical and laundry you have a solid setup for attracting some great tenants. This 4 plex has been continually updated over the years with a new Membrane roof 2017, High efficiency furnace 2024 and a couple new hot water tanks. The units are bright and sunny due to the large windows while the layouts are functional and take advantage of the great exposure. The stylish 1950's solid oak floors give the units a timeless style and warmth. A short walk to excellent transit routes, the South Calgary Outdoor Pool and Skating rinks or just for meeting up with friends at the many local restaurants and coffee shops this is the place to be. The MC-1 zoned 50 x 125 lot has lots of options now and in the future. More details
    Listed by CIR Realty
    LISTING DETAILS

  • 2316 16 Street SW, Calgary

    2316 16 Street SW Bankview Calgary T2T 4E7
    Main Photo: 2316 16 Street SW, Calgary

    2316 16 Street SW Calgary T2T 4E7 Bankview

    $1,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2193118
    Floor Area:
    2,354 sq. ft.
    Discover a prime investment with this fully renovated M-CG zoned luxury fourplex, perfectly situated in Bankview—just steps from downtown, vibrant 17th Avenue, and parks. The backyard overlooks the beautiful Bankview Community Garden, offering tenants an idyllic setting. Tenants enjoy the convenience of walking to work, with the Sunalta CTrain station, Mount Royal University, the University of Calgary, and Shaganappi Point Golf Course all nearby. Fully renovated in 2016, the property boasts energy-efficient windows, a new roof, updated interior and exterior, modern appliances, and a state-of-the-art glycol heating system that reduces heating costs by 60%. The building includes four spacious 1-bedroom units, each with in-suite laundry, storage, and private entrances. The lower units offer walk-out access, while ample parking accommodates all tenants. Market rents are $1,700 per month for upper units and $1,450 for lower units, with the potential to generate an impressive $75,600 annually, with room for future increases. All units are currently rented, and there is an option to retain the existing management company at a reduced fee. Don't miss this exceptional investment opportunity! More details
    Listed by Datong Property Management Ltd.
    LISTING DETAILS

  • 11416 Elbow Drive SW, Calgary

    11416 Elbow Drive SW Southwood Calgary T2W 2E6
    Main Photo: 11416 Elbow Drive SW, Calgary

    11416 Elbow Drive SW Calgary T2W 2E6 Southwood

    $1,100,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2193391
    Floor Area:
    2,157 sq. ft.
    This is an exceptional opportunity to own a legal 4-plex in the highly desirable and well-established Southwood neighborhood, a community known for its mature trees, quiet streets, and close proximity to urban conveniences. Strategically positioned on the NW corner of Sacramento Drive SW and Elbow Drive SW, this property offers unparalleled accessibility. It is just minutes from Anderson Drive and public transit stops along Elbow Drive, ensuring convenience for tenants. Additionally, the Anderson C-Train Station is within walking distance, making this location ideal for commuters and enhancing its appeal to prospective renters. The 4-plex features fully leased 3-bedroom suites, each offering spacious layouts that attract long-term tenants. Each unit is equipped with its own private exterior storage shed, providing tenants with additional space and functionality. The property also boasts five designated parking stalls at the rear, ensuring ample parking for residents and their guests—an increasingly sought-after feature in urban living. What sets this property apart is its ease of management. Each unit is individually metered, meaning tenants are responsible for their own utilities, which reduces operating costs and simplifies maintenance for the owner. The property’s well-maintained condition ensures low upkeep and a steady, reliable income stream, making it an excellent addition to any investor’s portfolio. Whether you’re a seasoned investor or looking to begin your journey in real estate, this property offers a rare combination of location, functionality, and profitability. Don’t miss your chance to secure a stable and income-producing asset in one of Calgary’s most sought-after neighborhoods! More details
    Listed by KIC Realty
    LISTING DETAILS

  • 2842 41 Street SW, Calgary

    2842 41 Street SW Glenbrook Calgary T3E 3K8
    Main Photo: 2842 41 Street SW, Calgary

    2842 41 Street SW Calgary T3E 3K8 Glenbrook

    $924,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2195337
    Floor Area:
    1,786 sq. ft.
    Introducing a remarkable investment opportunity in the highly desirable Glenbrook neighborhood, one of Calgary’s most sought-after southwest communities. This fourplex is situated on a peaceful, tree-lined street, offering a tranquil atmosphere while providing exceptional convenience. Just minutes from public transit, it ensures a fast and easy commute to Calgary’s vibrant downtown, making it an ideal location for both tenants and owners. The property is surrounded by a wealth of amenities, including grocery stores, shopping centers, dining options, and recreational facilities. Nearby, you'll find lush parks and community green spaces, perfect for outdoor enthusiasts and families. Excellent schools, from elementary to high school, are within reach, while major roadways like Crowchild Trail and Sarcee Trail provide seamless connectivity to all parts of the city, making daily commutes and weekend getaways hassle-free. This fourplex features four spacious suites, each with two generously sized bedrooms, offering both comfort and functionality. Each unit includes private entrances, ensuring added privacy for tenants. Kitchens are functional and well laid out, leading to a large living room with bright windows, In-suite laundry which enhances convenience. The property includes ample parking, with a double garage and two additional designated stalls at the rear, making it easy for tenants to park. With tons of room for rental growth, this fourplex represents an excellent income-generating investment. Whether you’re an experienced investor or a first-time buyer, this property offers a perfect balance of location, convenience, and rental potential. With increasing demand for inner-city living, this property provides a low-risk investment with promising returns. Don’t miss this rare opportunity to secure a solid investment in Calgary’s thriving real estate market! More details
    Listed by eXp Realty
    LISTING DETAILS

  • 3432 Richmond Road SW, Calgary

    3432 Richmond Road SW Killarney/Glengarry Calgary T3E 4N6
    Main Photo: 3432 Richmond Road SW, Calgary

    3432 Richmond Road SW Calgary T3E 4N6 Killarney/Glengarry

    $1,450,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2195725
    Floor Area:
    1,120 sq. ft.
    ATTENTION BUILDERS and INVESTORS!!! HIT 2025 RUNNING WITH A GREAT MULTI-FAMILY BUILD. SAVE TIME AND MONEY. DEVELOPMENT PERMIT RELEASED, DEVELOPMENT SURVEY COMPLETED, DESIGN PLAN COMPLETED, DSSP COMPLETED, DEPOSIT TO CITY OF CALGARY COMPLETED. ALL THE HEAVY LIFTING IS DONE AND NOW YOU’RE READY TO BUILD ASAP! CMHC MLI SELECT ELIGIBLE , 8 LEGAL SUITES. EXCELLENT CASH FLOW PROJECTIONS AND CAPITAL APPRECIATION. CLOSE TO LRT/TRANSIT, 17 AVE, MOUNT ROYAL UNIVERSITY, NORTH GLENMORE PARK, WALMART, SHOPPING/RESTAURANTS AND QUICK COMMUTE TO DOWNTOWN More details
    Listed by TREC The Real Estate Company
    LISTING DETAILS

  • 735 67 Avenue SW, Calgary

    735 67 Avenue SW Kingsland Calgary T2V 0M4
    Main Photo: 735 67 Avenue SW, Calgary

    735 67 Avenue SW Calgary T2V 0M4 Kingsland

    $899,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2147977
    Floor Area:
    1,835 sq. ft.
    This is a duplex with 4 rental units in Kingsland. 735 67th is located just south of Chinook Center and an easy walk to both Elbow Drive to the west and MacLeod Trail to the east. The lower suites on the East and the West side are illegal suites. To achieve market rents it is suggested that a Buyer will need to completely renovate the building and obtain City of Calgary “secondary suite” approval. The windows, most of the interior finishing and fixtures are original. Current rent for the east side is $1940/month (upper $1,120). The west side of the duplex has been kept vacant and is ready for renovation! NOTE: photos are of the west side of the building. The east side is in similar condition to the west side. Use Showing Time to set up a viewing of the vacant W2. More details
    Listed by Michael Fleming Realty Corp.
    LISTING DETAILS

  • 1950 & 1952 66 Avenue SE, Calgary

    1950 & 1952 66 Avenue SE Ogden Calgary T2C 3C1
    Main Photo: 1950 & 1952 66 Avenue SE, Calgary

    1950 & 1952 66 Avenue SE Calgary T2C 3C1 Ogden

    $899,999
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2184214
    Floor Area:
    2,498 sq. ft.
    Discover unmatched potential with this spacious side-by-side duplex in the heart of Ogden. Located right across from Banting and Best, and Sherwood public schools with great transit at your doorstep. Originally built in 1982 as a group home, each side features 7 generously sized bedrooms all with legal-sized windows and 9foot basement ceilings, offering a total of 14 bedrooms between the two units. Both units also feature covered patios. This unique property is ideal for savvy investors or multi-generational families looking for flexible living options. Maximize your ROI by operating it as a long-term rental accommodating large families or groups, or as a short-term rental hosting larger groups, or capitalize on cash flow by transforming it into a rooming house—perfect for renters seeking affordable, shared housing especially with proximity to nearby employment areas. Located in a vibrant community with easy access to schools, shopping, public transit, and major roadways, this side by side duplex combines convenience with opportunity. Whether you’re looking for an income-generating asset or a versatile living arrangement, this property checks all the boxes. Don’t miss out—schedule your viewing today and explore the possibilities! The sellers are open to a VTB/AFS for the right offer. More details
    Listed by eXp Realty
    LISTING DETAILS

  • 1919 & 1923 9A Avenue NE, Calgary

    1919 & 1923 9A Avenue NE Mayland Heights Calgary T2E 0W6
    Main Photo: 1919 & 1923 9A Avenue NE, Calgary

    1919 & 1923 9A Avenue NE Calgary T2E 0W6 Mayland Heights

    $849,888
    Residential
    Status:
    Active
    MLS® Num:
    A2185305
    Bedrooms:
    8
    Bathrooms:
    4
    Floor Area:
    1,712 sq. ft.
    ** Great Opportunity** FULL SIDE BY SIDE DUPLEX | 50 X 120 CORNER LOT | LONG TERM TENANTS | FINISHED BASEMENTS | 8 BEDROOMS | 4 FULL BATH | 38 X 24 TRIPLE DETACHED GARAGE with 3 OVERHEAD ACCESS DOORS | PAVED BACK LANE | 5 MINUTES TO DOWNTOWN | 2 MINUTES TO 16 AVE | GREAT BUY!... Amazing revenue-generating opportunity! Both sides of this side-by-side duplex are for sale under one title for one low price! Ideally located on a flat corner lot within this highly sought-after community. Both sides are currently rented to wonderful long-term tenants who would love to stay making your job as a landlord easier than ever. Updates are extensive and include new roof shingles on the home and garage in 2013, newer furnaces (#1919 in 2018 & #1923 in 2010), the addition of an on demand hot water system (#1919 in 2018), an updated hot water system in #1923 and updated to 100 amp service electrical system in #1923. Both #1919 and #1923 have spacious main floors with 2 bedrooms and a full bathroom with finished basements that include 2 additional bedrooms and a second full bathroom easily convertible to four separate units and even more investment opportunities if desired. Large flat yards allow for ample outdoor space. Both a double and a single detached garage provide loads of parking that leads to a paved back lane. The community of Mayland Heights is well known for its numerous parks, excellent restaurants, pubs, cafes, shops, great transit options and easy access to downtown. Don’t miss out on this spectacular investment opportunity! More details
    Listed by LPT Realty ULC
    LISTING DETAILS

  • 1716 & 1718 10 Avenue NE, Calgary

    1716 & 1718 10 Avenue NE Mayland Heights Calgary T2E 0Y1
    Main Photo: 1716 & 1718 10 Avenue NE, Calgary

    1716 & 1718 10 Avenue NE Calgary T2E 0Y1 Mayland Heights

    $1,290,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2187974
    Floor Area:
    1,780 sq. ft.
    ** FULL DUPLEX SIDE BY SIDE ** Welcome to this completely renovated, impressive property that features a total of 8 bedrooms and 4 full bathrooms. This is an incredible opportunity to purchase a move-in-ready property that has legal basement suites in both units. There are 2 bedrooms and 1 bathroom in the MAIN LEVEL UNITS and 2 bedrooms and 1 bathroom in the LEGAL BASEMENT SUITES. All units are completely renovated, equipped with separate furnaces and laundry, and stainless steel kitchen appliances. TANKLESS HOT WATER SYSTEM in both units 1716 & 1718. Each unit features bright, open living spaces with functional layouts. This property is situated on an approximately 8395 sq ft lot with a 60 ft front to 110 ft depth. Mayland Heights is well known for its parks, schools, easy access to 16 Ave, Deerfoot Trail, great transit options, shopping malls nearby, and being conveniently located close to downtown. Whether you’re an experienced investor or just starting out, this property offers the perfect combination of location, value, and opportunity. Don’t miss your chance to own this unique duplex in one of the city’s most sought-after neighborhoods More details
    Listed by PREP Realty
    LISTING DETAILS

  • 1031 & 1031A 39 Avenue NW, Calgary

    1031 & 1031A 39 Avenue NW Cambrian Heights Calgary T2K 0E2
    Main Photo: 1031 & 1031A 39 Avenue NW, Calgary

    1031 & 1031A 39 Avenue NW Calgary T2K 0E2 Cambrian Heights

    $1,200,000
    Residential
    Status:
    Active
    MLS® Num:
    A2191461
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    2,720 sq. ft.
    Welcome to this exceptional side-by-side duplex in the charming inner-city community of Cambrian Heights. Offering two unique residences—1031A and 1031B both units have been upgraded and updated. This property is perfect for multigenerational living or as a savvy investment opportunity. Live in one side and rent out the other. The possibilities are endless. Step into your home through a welcoming covered veranda, an ideal spot for your evening sunshine. Inside, the open-concept main floor features a spacious living area, a dining room, and a high-end kitchen with stainless steel appliances, heated floors, and thoughtfully designed cabinetry. Classic yet modern, the home showcases stunning hardwood floors throughout the main and upper levels, abundant natural light floods the interior from the newer vinyl windows which feature custom Hunter Douglas blinds. Upstairs, you’ll find three generously sized bedrooms with built-in closet organizers, alongside a luxurious bathroom complete with a walk-in shower and heated floors. The fully developed basement offers additional living space, including a large rec or games room, a full bathroom, and a laundry/storage area. Recent updates include a new furnace, fresh paint, modern lighting (pot lights), and new flooring in the kitchen, bathrooms, and basement. This home is truly turn key ready yourself, for tenants or ideal for extended family. The property also features a double detached garage and beautifully landscaped outdoor spaces, adding to its appeal. Located within walking distance of schools, shopping, Confederation Park, and transit, with easy access to downtown, the University of Calgary, and Foothills Hospital. A duplex is a rare find that can seamlessly blend convenience, and investment potential. OPEN HOUSE This Saturday Feb.8 from 2-4 PM More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS

  • 2118 & 2120 23 Avenue SW, Calgary

    2118 & 2120 23 Avenue SW Richmond Calgary T2T 0W1
    Main Photo: 2118 & 2120 23 Avenue SW, Calgary

    2118 & 2120 23 Avenue SW Calgary T2T 0W1 Richmond

    $1,090,000
    Residential
    Status:
    Active
    MLS® Num:
    A2191680
    Bedrooms:
    6
    Bathrooms:
    4
    Floor Area:
    1,756 sq. ft.
    This is a fantastic opportunity to own a full side-by-side duplex in the desirable inner-city community of Richmond Park/Knobhill, just minutes from downtown Calgary. Perfect for investors or those looking to live in one unit and rent out the other, this well-maintained property offers excellent rental income potential and long-term value. One side of the duplex has been renovated, enhancing its appeal and increasing its rental value, while the other side is dated, providing the option for future upgrades or continued steady rental income. Both units feature a spacious open floor plan, including a bright living room, dining area, and charming kitchen. Each side offers two bedrooms and a four-piece bathroom on the main floor. The developed basements add even more functional living space, featuring a family room, additional bedroom, bathroom, and storage. A key highlight of this property is the walk-out basements with separate entrances, adding convenience and potential for additional rental income. Situated on a 50' x 110' R-CG lot, this property also presents an excellent future development opportunity in a highly sought-after location. Whether you are looking for a strong investment property or a home with income-generating potential, this duplex is an opportunity you won’t want to miss. More details
    Listed by Royal LePage Mission Real Estate
    LISTING DETAILS
1-12/20
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Data was last updated February 19, 2025 at 08:05 PM (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.