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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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1-12/29
  • 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
  • 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
  • 3232 19 Avenue SE, Calgary

    3232 19 Avenue SE Southview Calgary T2B 0A5
    Main Photo: 3232 19 Avenue SE, Calgary
    $999,900
    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
  • 112 44 Avenue NW, Calgary

    112 44 Avenue NW Highland Park Calgary T2K 0J1
    Main Photo: 112 44 Avenue NW, Calgary
    $998,899
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2126176
    Floor Area:
    2,494 sq. ft.
    112 - 44 Avenue NW | In The Heart Of Highland Park | Rare Opportunity | M-C1 Zoning | Rear Parking | Building Is Situated On A Prime 7,061 SQ FT Lot | Steps To The Future Centre Street Green LRT Line | Side & Back Lane Access | Great Investment & Holding Opportunity For Redevelopment | Easy Access To University Of Calgary, SAIT, Foothills & Children's Hospitals | Great Access To Downtown | A Rare Opportunity To Own A Prime Investment Property | No Interior Photos Of Units At Request Of Tenants | See Full Floor Plans In Photos | Lower Level Units Are Used As Studios versus Two 2 Bedroom Apartments - Month To Month | Well Below Market Value Rents. More details
    Listed by Real Broker
  • 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
    $1,269,000
    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
    $1,325,000
    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
  • 5113 17 Avenue NW, Calgary

    5113 17 Avenue NW Montgomery Calgary T3B 0P8
    Main Photo: 5113 17 Avenue NW, Calgary
    $1,999,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2131989
    Floor Area:
    2,009 sq. ft.
    TREMENDOUS MULTI-FAMILY REDEVELOPMENT OPPORTUNITY IN PRIME LOCATION!!! Extremely rare opportunity to own this multi-family property in the sought after community of Montgomery. This up/down 4-plex is nestled on a 25.32 by 32.35 m (8880.23 Sq Ft) lot. The upper levels boast approximately 1000 Sq Ft of living space with 3 bedrooms, a living room, kitchen and eating area, and 4-pce bath with in-suite laundry facility per side. The lower levels boast approximately 900 Sq Ft of living space with 2 bedrooms, a living room, kitchen and eating area, and 4-pce bath with in-suite laundry facility per side. Located just steps to bus stops, shopping, schools, parks and main transport corridors. Fully leased with excellent upside potential. This lot offers great redevelopment opportunity for multi-level apartment building with underground parking. This property has been well cared for and meticulously maintained for by it's owners. The yard is fully landscaped and fenced with 4 spacious storage sheds. The garage is fully insulated (24'x24') with hot and cold water connection. This property is a great revenue generator while going through the permitting process. Call today for details! More details
    Listed by CIR Realty
  • 1711 36 Street SE, Calgary

    1711 36 Street SE Albert Park/Radisson Heights Calgary T2A 1C7
    Main Photo: 1711 36 Street SE, Calgary
    $1,200,000
    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
  • 1812 41 Street SE, Calgary

    1812 41 Street SE Forest Lawn Calgary T2B 1C3
    Main Photo: 1812 41 Street SE, Calgary
    $899,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2131955
    Floor Area:
    2,012 sq. ft.
    Welcome to 1812 41 ST SE, Great investment opportunity FULLY LEGAL 4 CORNER 4 Plex, so no basement units, with good sized lot (50x122) and is located at the end of a cul de sac. Each unit has 2 bedrooms, a bright and airy living room, kitchen with eating area, 4-piece bathroom and in-suite laundry for added convenience and privacy. Each unit has a balcony deck offering a lovely outdoor space to sit and relax and has it's own private yard. Parking is at the back of the property, as well as ample street parking is available. 3 Units have been renovated with new kitchen cabinetry, subway tile backsplash, laminate flooring, updated bathrooms and freshly painted. New concrete sidewalks, and balcony decks. Pictures are of Unit 3 currently vacant and this unit also features an additional half bathroom in the laundry room. No Interior Photos Of rented Units At Request Of Tenant. Tenants pay all their own utilities and all units have separate meters. Property has 2 great long-term tenants and 1 newer tenant. Tenant of 10+ years has been helping to maintain property helping to ensure a smooth ownership experience. Don't miss the chance to own this well-maintained and income-generating property in a desirable amazing location close to schools, shopping, transit and nearby parks. More details
    Listed by Century 21 Bravo Realty
1-12/29
Data was last updated May 25, 2024 at 06:05 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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