Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta
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Exceptional older character 6 Plex Located in a Prime Location in Banff Trail. City View across from a City Park and recreation area and only 5 blocks away from 1 of 3 walkable LRT stations. These units rarely come to market and this one has many upgrades including Windows, Roofing, Kitchens, Bathrooms, and unit Electrical panels. NOTE*** Individual gas meters and furnaces, hot water tanks to each unit. Laundry and Utility room located in lower level. 4 car garage and 2 exterior stalls. Security doors. BBQ area and picnic table for the tenants. 5-2 Bedroom and 1 -1 bedroom units. Possible short term Vendor Take Back by Seller!! Why not create your own living space in the upper two apartments and take advantage of the great View and Location!! Better yet this maybe an excellent condo conversion to consider. DO NOT DISTURB TENANTS - thank you. Expenses (Taxes-Insurance -Garbage -Recycles -Cleaning Services -Summer and Winter Landscaping- Furnace maintenance and common area costs including Water and Sewer for the entire building running Approximately $28,765 and Rental Income Approximately $109,620 ) Viewings please contact your own personal Realtor for access. Limited to Common Area through the Listing Agent. Viewing of Units upon an acceptable Offer and your Due Diligence.More details
Exceptional multi-family investment opportunity in the heart of Parkdale—one of Calgary’s most sought-after inner-city communities. This purpose-built 12-unit stacked townhome development is currently under construction and in the framing stage, offering buyers the unique advantage to shape final finishes or complete as a premium rental/hold asset.
With 1–3 bedroom layouts thoughtfully designed across 15,457 sq.ft. of building area, the project delivers a blend of functionality, contemporary design, and long-term rental desirability. Located on an H-GO zoned lot, this property offers flexibility and strong redevelopment potential in a high-demand housing corridor.
Perfectly positioned just steps from transit, the Bow River pathway system, Foothills Hospital, and quick access to the downtown core, this site is ideal for attracting a diverse tenant profile. Parkdale’s vibrant lifestyle amenities, parks, and proximity to the University of Calgary make this an exceptional addition to any investment portfolio.
A rare opportunity to secure a brand-new, multi-unit inner-city asset with significant value growth potential in one of Calgary’s premier neighbourhoods.More details
INVESTMENT OPPORTUNITY: 9 Self-Contained UNITS in Highly Sought-After MONTGOMERY! Located at 4901 Bowness Road NW, this premier multi-family building is a rare find. The property features an exceptional mix of units: 5 luxurious two-bedroom townhouse-style units and 4 versatile Ground-Level Suites. Total of 9 distinct municipal addresses.
The main floor suites offer significant income potential and flexibility, suitable for long-term rentals, short-term rentals, or Home Base Occupation (consult City of Calgary website for permitted use).
Each of the 5 townhouse units benefits from an oversized attached single-car garage, providing highly desirable parking and storage. Additional property features include dedicated on-site bike storage. Tenants will enjoy the ultimate convenience with retail services and major bus routes directly across the street, putting essential services within feet of the front door. The building is protected by a full New Home Warranty, offering: 2 Years for Labour and Materials, 2 Years for Delivery and Distribution Systems, 5 Years for Building Envelope Protection, and 10 Years for Major Structural Components. A secure, high-yield asset in a prime location!More details
Ideal Multi-Family Investment Opportunity! Well maintained & updated 6 unit building conveniently located in Glenbrook. Comprised of 4 x 2 Bedroom and 2 x 1 Bedroom units, a maintenance room and laundry area. Located on a 77' x 116' corner lot providing ample tenant and/or visitor parking. There is a coin-a-matic laundry, adding to potential monthly revenue. All of the units have been updated or fully renovated. See photos for a list of improvements. There is a 6 space detached garage under separate title. Steps to parks, sports courts, schools and transit. Walking distance to restaurants, pharmacies and other amenities. Minutes to Mount Royal University, Westhills, all the amenities of 17th Ave W and the Downtown Core.More details
Excellent investment opportunity in the vibrant community of Rimbey. Close to Red Deer, Sylvan lake, Rocky Mountain House, Lacombe and Ponoka which makes it a short distance to all the central Alberta hubs. Fully rented 12 suite apartment building that's well maintained and no vacancy for many years. Lots of upgrades to the building over the years to include doors, windows, siding, pitched shingle roof, electrical, BCI boiler system ( approx 2018 ) and most suites have newer updated modern vinyl plank flooring. Self managed by the owners, clean through out and long term tenants, most are now on month to month leases. Lower units (4) are all very spacious 1 bedroom units approx 658 Sq ft per unit and the remaining ( 8 ) 2 bedroom units approx 725 sq ft per unit. Each is very bright and spacious layouts with extra large windows including the lower units all with plenty of storage space. Easy to maintain grounds and a very functional design with no long hallways. Coin operated laundry, energized parking stalls and comes with a storage shed. Great location in town within few min walking distance to the hospital, schools, shopping and downtown, all around solid investment opportunity here. Be sure not to miss out.More details
The inner city community of Bridgeland is the ideal investment location! This solid concrete, 12 unit building has been well maintained, updated and is fully leased. Comprised of 6 x 2 Units, 5 x 1 Unit and 1 Bachelor Unit. The laundry area is large enough to accommodate additional storage units that could be rented, adding to monthly revenue. Updates include parking lot resurface (2025), new heating boiler (2023) and new hot water tank (2024). The building has all new patio doors, new exterior paint, new paint in all units, new flooring in all units, hallways and laundry area. 11 of the bathrooms have been remodelled and well as 5 of the kitchens. There are 9 parking stalls at the rear of the building with the potential for 12 with reconfiguration. Your tenants will enjoy all inner city living has to offer including quick access to the river and pathway system, close to all amenities with an off-leash dog park nearby. A 5-minute walk to restaurants, bars, coffee shops and transit.More details
Investment Opportunity! FULLY RENTED & FULLY RENOVATED 11 Unit APARTMENT BUILDING for sale!!!
5 Two Bedroom Units and 6 - 1 Bedroom Units, There is a possibility of a 12th Bachelor Suite which would require City Approval. Each Unit has been fully renovated with Vinyl Plank Flooring, Kitchen Cabinets and newer Fridges, Stoves and BI Dishwashers. All Units have new Balconies. Building has been Extremely Well Maintained with Newer Boiler, Roof, HWT, Windows, Carpeting in Halls. 2 Commercial Washer’s and Dryers with large Laundry Room. This Property is Completely Turn Key!More details
Excellent opportunity to acquire a well-maintained 24-unit apartment complex offering strong in-place income with upside potential. The property consists of 6 two-bedroom units, 14 one-bedroom units, and 4 bachelor suites — each individually metered for electricity. Recent capital improvements include a new roof (2020) and a new boiler heating system (2025). Many suites have updated flooring and appliances, and the property has been diligently cared for with consistent maintenance, paint and cleaning. The building features 24 surface parking stalls, each with electrical outlets. Conveniently located near the river, public transit, schools, and shopping, this property appeals to a broad tenant base. With solid current cash flow and market rent growth potential, this is a turnkey investment with additional opportunity for value-add repositioning.More details
1123 McKinnon Drive NE | Excellent Investment Opportunity! | Legal 6-Plex | All Six Units Are Spacious Two Bedroom Apartments, Each Designed In a Bi-Level Style With The Bedrooms Located On The Lower Level For Privacy | Main Level Offers A Bright, Functional Layout With Kitchen, Living/Dining Area Leading To Private Balconies | Each Unit Includes Its Own In-Suite Laundry, A Highly Sought-After Feature For Tenants | Each Unit Has Its Own Meter | Three Car Garage Included, As Well As RV Parking | Excellent Connectivity Via Deerfoot Trail, 16 Avenue, Barlow Trail, & Nearby LRT Stations, With A 9 Minute Drive Or 15 Minute Transit Ride To Downtown | Abundant Green Spaces: Crossroads Park, Bottomland Park, Tom Campbell’s Hill Natural Park, Nose Creek Pathways, Bow River Pathways, & Deerfoot Athletic Park | Nearby Shopping Options Include Marlborough Mall, Sunridge Mall, Costco and T & T Supermarket | Trendy Shops, Cafes & Restaurants In Popular East Village Just Minutes Away | Students Have Three Excellent Schools Close By; Mayland Heights Elementary, Belfast Elementary, & Sir John Franklin Junior High.More details
This is a great investment opportunity in the sought after community of Bowness. This well maintained townhouse complex has excellent curb appeal with durable stucco and is very centrally located on bowness road having great access to all the community amenities. Higher quality construction compared to other rental buildings - granite counters, stainless steel appliances, hardwood floors and attractive stained cabinets. You have a superior suite mix with ( 6 –2 bdrm, which range from 850, 900, & 1,300 sqft sizes). (2 – 3 bdrm units which, are 1,350 sqft). The tenants love the HEATED UNDERGROUND parkade with 10 parking stalls, PLUS a heated driveway. Lower cost of operating with efficient boiler heating and tenants pay electricity. This 8 unit inner city gem is located within walking distance to transit all amenities, restaurants, public library and one of the most beautiful parks in Calgary - Bowness Park. With a quick commute to work downtown, this asset is accessible for tenants that do not drive. This property also features separate titles for sale in future or you could live in one unit and live mortgage free! Contact your favorite realtor to explore this property today.More details
Your next investment is waiting for you in the stable high-rental demand community of Didsbury! This condo-grade building which has 12 separate titles allowing for flexibility for investors, high end finishings and generously sized units, plus common room for tenants to enjoy. Building features an elevator which allows for all demographics to conveniently access their units which are 8 - 2 bed 1 bath units and 4 1 bed plus den which can be used as office or flex room. In floor heating keeps the building heating efficient, extra sound insulation in walls helps the tenants stay comfortable, with full parking + street parking tenants and guests can always find a space. Robust mechanical design including backup power for 30 minutes in case or emergency, as well as a sprinkler system for fire suppression. This sale also INCLUDES the adjacent lot in the price and development approvals for a 17 unit building, which could be amended to suit a different floor plan subject to additional municipal approval! Contact your favorite agent to get additional detail. Seller may consider Vendor financing OAC*.More details
A great Investment opportunity and Income generating property. This renovated 9-unit concrete building is turnkey and ready for immediate possession. 4 x 2 Bedroom Units, 4 x 1 Bedroom Unit & 1 Bachelor Unit. 100% parking at the rear of the property. Over $300,000 in recent renovations saw facelifts to all the units including new kitchens, flooring and appliances throughout. 6 units have their own full-sized laundry with free common area laundry for the 3 main floor units. This building is solid concrete with freshly painted stucco siding, new windows and a newer roof (approx. 2 years). Conveniently located across the street from all the amenities of Westbrook Mall and steps to the Westbrook LRT Station makes this the perfect location for students and commuters. Current Rent: $14,460/ month. Walking distance to Shaganappi Golf Course & Bow River Pathway System. 6 km to the Foothills Medical Centre and University of Calgary Campus. 4km to Downtown & 17th Ave SW. 4 km to Mount Royal University.More details
Data was last updated December 1, 2025 at 02:05 PM (UTC)
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