Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta
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Prime location six-plex with brick and stucco exterior is located on a quiet street in the heart of Renfrew on a MC-2 lot. There is good access to LRT, amenities, and the downtown from this convenient inner city location. The property contains 4 - two bedroom suites (with balconies) and 2 - one bedroom suites. Each suite has two interior doors for access. There are six outdoor parking stalls with plug-ins. There are several long-term tenants. Suites are quick to rent when vacancies become available and various updates including paint + carpet have been done as suites turnover. Further property details, including rent roll are available upon request.More details
Brand-New 12-Unit Multifamily Building for Sale | Purpose-Built Rental with Legal Suites | CMHC MLI Select Eligible | Inner-City Calgary. Exceptional opportunity to purchase a newly constructed, purpose-built 12-unit multifamily building located at 212 32 Avenue NE in Calgary, Alberta. This investment property is situated in the highly sought-after inner-city community of Highland Park, just minutes from downtown Calgary, major commuter routes, transit, schools, shopping, and the future Green Line LRT. Designed for maximum income generation, this development features 6 self-contained townhome-style units above grade and 6 fully legal one-bedroom basement suites—each with private entry, separate HVAC systems, and in-suite laundry. Professionally designed by John Trinh & Associates, this new construction multifamily property offers investors long-term durability, contemporary architecture, and excellent curb appeal. All units are individually metered and built to the latest Alberta Building Code standards, with sound attenuation and fire separation in place. Tenants enjoy functional, well-laid-out living spaces with high ceilings, full kitchens, spacious bedrooms, and modern finishes throughout. This is a turn-key, low-maintenance income property ideal for long-term holds and passive income. Strategically positioned near Edmonton Trail, Centre Street, and 16 Avenue NW/Trans-Canada Highway, this rental property offers unmatched access to Calgary’s downtown core, SAIT, University of Calgary, Foothills Hospital, and major employment hubs. With strong population growth, limited new rental supply, and increasing demand for high-quality inner-city housing, this location ensures sustained rental performance and long-term appreciation. This property is fully eligible for the CMHC MLI Select program, allowing qualified buyers to finance with as little as 5% down and amortizations up to 50 years. This creates unparalleled leverage, optimized monthly cash flow, and superior return on investment. Investors can maximize borrowing power while benefiting from stable, long-term debt at CMHC-insured rates. Whether you’re an experienced real estate investor or new to multifamily ownership, this offering presents one of Calgary’s best opportunities to secure a high-performing, cash-flowing asset in a growing inner-city market. Full pro forma, floor plans, construction specifications, and financial analysis available upon request.More details
The "Valleyview Rooming House". Located within the downtown area this property offers month-to-month single bedroom and shared common area accommodations. The main floor features four tenant rooms, a managers room and a storage room. On the second floor are six additional bedrooms. Common areas are present including a shared kitchen, laundry room and three full bathrooms. This type of property caters to workers and is maintained at a high level of occupancy with a well-established clientele. Call for mor information or to book a showing.More details
Vintage character 6 suite apartment building in a prime residential location in the core of the popular inner city neighborhood of Banff Trail, huge 80’ x 120’ lot landscaped with lawns and mature trees with great potential for future development, six large suites with many upgrades and original hardwood floors… 4 x 2 bdrm units at 825 sf and 2 x 1 bdrm units at 625 sf plus a laundry room and a storage locker room, six parking stalls on a concrete pad with plug ins, potential for construction of multiple garages with lofts, major recent building upgrades including a new roof, windows and boiler, four units have dishwashersMore details
5 Unit Multi Family Townhome Building for Sale in Prime Bowness Location A rare opportunity to own a well maintained
5 unit townhome building in the heart of Bowness, one of Calgary’s most desirable and vibrant communities. Location is everything when it
comes to a rental property, and this one delivers. Situated within walking distance to transit, shopping, daycare, all levels of public schools,
local pubs and parks, including the much loved Bowness Park. It is just a short drive to major shopping centre's of Market Mall and
Crowfoot Centre, 6 minutes to WinSport/C.O.P., 18 minutes to Downtown Calgary, and just over an hour to Banff. All tenants are currently
on month-to-month leases and have been long term occupants, providing stability with the flexibility to adjust rents. There’s strong
potential to increase the cap rate through rental rate adjustments. This is an ideal property for both a first time or seasoned investors
looking for a solid income generating asset in a sought after area with excellent growth potential.More details
(Location, location, location) A Fully leased out residential multi-unit family investor property for sale. Owner of 20 years is now retiring presenting this very rare opportunity to own a highly sought after income generating property. With demand rising due to more and more people and investment capitals moving into Alberta, this property is the perfect addition to any types of asset portfolio focusing on wealth generation as well as preservation.
This property is in a highly centralized prime corner lot location of the Tuxedo Park community. Boasting exposure and access to 3 sides of the property. A two-story building that has 6x900 Sqf bedroom suites (4x 2-bedrooms, 2x 3-bedrooms) with separate entrances unlike most multi-family building that has a large common area. Without a common area, the owner will enjoy reduced overall maintenance and expense as well as the benefits of attracting individual tenants desiring duplex or townhome like living space. What’s more, each unit has its own in-suite laundry, fridge and stove, up to 6 parking spaces and 4 electrical plug-ins that further increases its rental appeal. Convenient access to Calgary transit such as the Bus Rapid Transit (BRT) on centre street and potential future LRT station expansion line, this property is also zoned for C-COR2 f1.0h10 land which make this property one of the rarer offerings in the city. This zoning will further add value by allowing existing retail, office and business use as well as supporting a future redevelopment potential turning this into a high rise residential and commercial condo project down the road.
Very well maintained by the owner thru out the years reducing significant repair and maintenance cost. The owner also replaced all new hot water tanks, recently replaced basement windows and upgraded electrical service of 6-100 amp. Torch-on flat roof with zero issue and no water leak that can last up to 30 years. Buyer will inherit another benefit that while the current property is generating $106,680 gross income annually, this income is on old timer rent which will give new owner the potential to further increase rental income.
If you are looking for passive income and or a long-term holding investment, look no further.More details
Rare Investment Opportunity – Fully Tenanted 6-Unit Townhouse Condominium.
Located in the desirable Huntington Hills community, this exceptional six-unit townhouse complex presents an ideal opportunity for investors seeking strong returns and minimal upkeep. Each unit is individually titled, providing added flexibility and future resale options. The property consists of spacious bi-level layouts in most units, with Suites 2 and 5 offering two-storey floor plans. All six units are fully tenanted and equipped with in-suite washers and dryers, contributing to tenant satisfaction and convenience. Highlights: Total building size: 9,058 sq ft (approx.) Monthly rental income: $13,230 All six units fully leased. Nine designated parking stalls .Landscaped lot with well-maintained lawns. Low maintenance costs. This rare, income-generating property combines solid rental revenue with long-term investment potential. Don’t miss your chance to acquire a fully operational, multi-unit asset in a well-established neighborhood.More details
42 Suite Pleasant View Lodge in Spirit River, Alberta, offers a rare opportunity for investors and assisted living operators to acquire a well maintained institutional-quality assisted living facility. Situated on 2.32 acres and zoned R4 High Density Residential, the property features a 22,177 sq. ft. building that has been upgraded with newer boilers (2015), hot water tanks (2022 & 2023), double-glazed vinyl windows, and a modern torch-on roof, now vacant and ready for the next opportunity. Each suite includes a private bathroom, and the facility is fully equipped with a commercial kitchen, industrial fridges/freezers, pantry space, large common areas, assisted bathing rooms, commercial laundry, office space, a dedicated hair salon, and a 26’x40’ maintenance shop. With over 20 parking stalls and a quiet setting surrounded by trees, greenspace, and parkland, the property provides both functionality and comfort for residents. Located just 50 minutes from Grande Prairie in the rural community of Spirit River and steps from key amenities such as the Central Peace Health Centre, Maclean Arena, curling rink, and library, the town also offers a grocery store, hardware store, pharmacies, banks, restaurants, and many other local businesses—positioning this property to provide multiple possibilities for income or care-related operations. Please click on the video, multimedia or 3D link to take the 3D virtual Tour and ask for the brochure!More details
Listed by Sutton Group Grande Prairie Professionals
100% Tenant Occupied | 8 Plex | Townhomes | Single Attached Garages & Full Driveway | 3-Storey | 2016 Built | Well Maintained | Incredible Location | Close to All Amenities. Investor’s dream in the heart of NE Calgary! This fully rented 8-unit townhome complex on Saddlestone Drive offers immediate cash flow and long-term security. Built in 2016 and meticulously maintained, each of the 3-storey units features: Single attached garage + full driveway, In-unit laundry, Top-of-the-line finishes throughout, Spacious, modern layouts. Located in a vibrant, growing community close to schools, shopping, transit, and parks. With 100% tenant occupancy and strong rental history, this property is a rare opportunity for hands-off, turnkey income in one of Calgary’s most desirable rental corridors. Property addresses included in this 8 plex are 88 Saddlestone Drive NE, 90 Saddlestone Drive NE, 92 Saddlestone Drive NE, 94 Saddlestone Drive NE, 701-70 Saddlestone Drive NE, 702-70 Saddlestone Drive NE, 703-70 Saddlestone Drive NE, 704-70 Saddlestone Drive NE.More details
Real Estate is all about location and this building is located in one of the very best rental locations in Calgary. The building is a short walk to all of the amenities in Mission and 17 Ave SW.. Tenants can easily walk to work or their favorite shops and restaurants. The original owner of this concrete and brick building has done an outstanding job of maintaining and upgrading this property over the years. The building is well organized and well operated. There have been numerous upgrades in the property in the past few years, including a new elevator, a new make up air system, plumbing and heating upgrades as well as refreshing units when units were being turned over. The property is currently operated as a building for low income seniors and the owner have decided to move in a different direction and sell the property. The above ground floors have a sitting area for tenants to enjoy at their leisure if they wish to visit amongst themselves. The existing vacant units and any upcoming vacant units will be available to the new owners to rent as they choose. The Villa has a large amount of community activity space in the lower level, for gatherings, plus a games room, a boardroom, and office. There are 6 parking stalls at the rear of the building and 10 more parking stalls (1715 5th St SW) north of the building on a titled lot. The new owner can move the rents to market levels and enjoy this excellent investment for many decades.More details
roperty Description for 9836 Elbow Drive: Attention Builders and Investors! Prime development site located at 9836 Elbow Drive, strategically zoned for a 5+5 unit multi-family project. Qualified for the CMHC MLI Select Program, this property is ideal for creating basement suites that meet affordable housing criteria, maximizing program incentives. Development is shovel-ready, offering immediate potential for construction. Joint venture opportunities available—partner and profit in one of Calgary’s most desirable communities. GET THIS BUILDING with only 175k downpaymentMore details
Amazing redevelopment opportunity on this corner lot (with rear access) 4x 4 plex property! Maximize the site's potential by possible re-zoning. North Haven is a mature community with excellent accessibility to parks, schools, shopping, the Winter Club and transit connections. Easy access to downtown and close to major roadways. Stable rental income from 16 3 bedroom 1 bath units. This is a great project with substantial opportunity!More details
Listed by Knag Real Estate & Property Management Ltd.
Data was last updated August 12, 2025 at 06:05 AM (UTC)
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