Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta
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Opportunities like this don’t come up often. Welcome to a rare, well-maintained 8-unit townhouse complex in the highly sought-after community of Bowness — offering strong income potential, lower operating costs, and long-term upside.
This condo-titled property is uniquely positioned with no common areas to maintain and no additional utility burdens, helping keep expenses low and returns strong. Built with durable stucco exterior and showcasing excellent curb appeal, this asset stands out from typical rental offerings.
Inside, the units feature higher-quality finishes throughout, including granite countertops, stainless steel appliances, hardwood flooring, and rich stained cabinetry — a level of finish that attracts and retains quality tenants.
The building offers a superior suite mix:
6 spacious 2-bedroom units (approx. 850–1,300 sq ft)
2 large 3-bedroom units (approx. 1,350 sq ft)
Functional layouts with 1.5 to 2.5 bathrooms, appealing to a wide tenant base
Tenants enjoy premium features rarely found in comparable properties, including a heated underground parkade (10 stalls) and a heated driveway — major value-adds during Calgary winters.
Operationally, the property is optimized for efficiency with boiler heating and tenant-paid electricity, keeping ownership costs predictable and manageable.
Location is everything — and this property delivers. Situated along Bowness Road, residents enjoy walking access to transit, shopping, restaurants, the public library, and the iconic Bowness Park. With a quick commute to downtown Calgary, it’s an ideal setup for both driving and non-driving tenants.
Bonus upside: With separate titles, there’s future flexibility to sell units individually — or live in one unit while the others cover your expenses.
This is a rare inner-city asset combining quality construction, strong tenant appeal, and long-term flexibility. **Seller financing may be considered *OAC.
Contact your realtor today to explore this exceptional opportunity.More details
This well-designed 10plex in desirable Albert Park offers an excellent opportunity for both homeowners and investors. The upper level features a spacious primary bedroom complete with a private ensuite, a convenient laundry room, and a second bedroom with access to a full common bathroom perfect for comfortable family living. The main floor boasts a bright and functional layout, including a welcoming living room, a dedicated dining area, and a modern kitchen ideal for everyday living and entertaining. Adding exceptional value is the fully legal 2 bedroom basement suite, which includes its own kitchen, full bathroom, and a separate mechanical room providing privacy and independence for tenants or extended family. This property also includes a rare 5 car garage, offering ample parking and storage. Ideally located with quick access to major highways, just 10 minutes from downtown, and within walking distance to Maxwell Arena, this is a prime location that combines convenience with lifestyle. A versatile and income-generating property in a sought-after neighborhood. Please Note: The photo is AI generated.More details
1225 13 Avenue SW is in Calgary’s Beltline neighbourhood and is zoned CC-MH (Centre City Multi-Residential High-Rise District) under Land Use Bylaw 1P2007. CC-MH zoning confirms the property is intended primarily for high-density multi-residential (apartment/condo) use in the Centre City, with some limited supporting non-residential uses possible subject to the bylaw. Currently a bright, well-maintained inner-city rooming house in the heart of the Beltline, offering affordable accommodation just steps to downtown, transit, shops, restaurants and urban amenities. Twelve (12) Private Rooms with a Fridge in each room, all enjoy easy access to a shared kitchen, bathroom(s), and common areas on each floor. Building Configuration Top Floor – (2) Short Term Room Rentals | Upper Floor (4) Rooms, (1) Kitchen, 2 PCE Bath and 3 PCE Bath | Main Floor (3) Rooms, (1) Kitchen, 3 PCE Bath | Basement (3) Rooms, (1) Kitchen, 3 PCE Bath and 3 PCE ensuite Bath. Rents include all utilities. Building systems and safety features (smoke/CO detectors, emergency lighting, exits) are maintained to current fire and safety standards, with regular inspections as required. Rooms are rented on individual agreements in line with Calgary’s lodging/rooming house framework. Viewings subject to an accepted Offer.More details
1220 14 Avenue SW is in Calgary’s Beltline neighbourhood and is zoned CC-MH (Centre City Multi-Residential High-Rise District) under Land Use Bylaw 1P2007. CC-MH zoning confirms the property is intended primarily for high-density multi-residential (apartment/condo) use in the Centre City, with some limited supporting non-residential uses possible subject to the bylaw. Currently a bright, well-maintained inner-city rooming house in the heart of the Beltline, offering affordable accommodation just steps to downtown, transit, shops, restaurants and urban amenities. Eight (8) Private Rooms with a Fridge in each room, all enjoy easy access to a shared kitchen, bathroom(s), and common areas on each floor. Building Configuration Upper Floor (4) Rooms, (1) Kitchen, 3 PCE Bath and 2 PCE Bath | Main Floor (3) Rooms, (1) Kitchen, 3 PCE Bath | Basement (1) Rooms, (1) Kitchen, 3 PCE Bath. Rents include all utilities. Building systems and safety features (smoke/CO detectors, emergency lighting, exits) are maintained to current fire and safety standards, with regular inspections as required. Rooms are rented on individual agreements in line with Calgary’s lodging/rooming house framework. Property must be purchased together with 1218 14 Avenue SW MLS A2274084 | Viewings subject to an accepted Offer.More details
1218 14 Avenue SW is in Calgary’s Beltline neighbourhood and is zoned CC-MH (Centre City Multi-Residential High-Rise District) under Land Use Bylaw 1P2007. CC-MH zoning confirms the property is intended primarily for high-density multi-residential (apartment/condo) use in the Centre City, with some limited supporting non-residential uses possible subject to the bylaw. Currently a bright, well-maintained inner-city rooming house in the heart of the Beltline, offering affordable accommodation just steps to downtown, transit, shops, restaurants and urban amenities. Eight (8) Private Rooms with a Fridge in each room, all enjoy easy access to a shared kitchen, bathroom(s), and common areas on each floor. Building Configuration Upper Floor (3) Rooms, (1) Kitchen, 3 PCE Bath | Main Floor (3) Rooms, (1) Kitchen, 3 PCE Bath | Basement (2) Rooms, (1) Kitchen, 3 PCE Bath. Rents include all utilities. Building systems and safety features (smoke/CO detectors, emergency lighting, exits) are maintained to current fire and safety standards, with regular inspections as required. Rooms are rented on individual agreements in line with Calgary’s lodging/rooming house framework. Property must be purchased together with 1220 14 Avenue SW MLS A2274087 | Viewings subject to an accepted Offer.More details
Incredible investment opportunity to own a highly coveted 8-plex, backing onto a park and green space, in the heart of Bowness. This special building has displayed pristine condition for over 40 years. The current owner continued with meticulous pride in ownership after the previous owner who held the property for over 35 years. This buildings has maintained near 100% tenancy since it was purchased and continues to be a sought-after, income producing, building. Featuring 6 - large, 2 bedroom units, and 2 - large, 1 bedroom units, all with their own dedicated balcony, in-suite storage and paved parking stall. The units and common area are in good to great repair with paint, appliances, flooring, fixtures etc. upgraded or replaced as necessary. Additionally, the building has coin operated washer and dryer, plus a security cameras with video surveillance, available on your web connected device. Also included are items in the "general store"; a large storage room the previous owner established that holds a plethora of extra's and maintenance items. 8-plex's rarely hit the market, rarer still, buildings of this quality and marketability.More details
Pine Ridge Village has 33 pads well located in Hinton close to mall, shopping and community amenities. The Park is on all city services. All tenants are 40+ with no children and no pets. Fenced by attractive pvc fencing, all services underground and all roads paved. Well maintained and current owner runs it remotely. One pad currently vacant and room to possibly add 6 more pads in park.More details
Two 4 unit 2 storey townhouse 3 bedroom condo units seperate titles owned by one owner with no condo fees in excellent pride of ownership condition and good tenant appeal allowing for little turn over. The only common area is the lane access to back of each unit. Triple M manufactured and still retains 10 year structural warranty. 1346 sf affords comfortable living with a 1/2 bath on Main and two full bathrooms in upstairs . 6 units are basement developed with high windows and another full bath. Fridge stove washer dryer dishwasher microwave and window coverings are included. Excellent revenue property with proforma available. can be condominunized and sold as seperate units. shed hs about $5,000.00 in spare parts.. 6.7% cap rate.More details
Prime location in Lower Mount Royal. Located in one of Calgary's best rental location. This is a concrete Building fully rented comprising of ten two bedroom suites. Close proximity to the trendy 17 Ave SW and 4 TH Street SW. All units are above grade, 100% parking in the rear, common area laundry, ten storage lockers.More details
Exceptional opportunity to acquire a 17-unit multifamily building in the highly desirable community of Bowness. Situated on a large 65’ x 140’ corner lot, this property offers strong fundamentals and long-term upside in a prime location.
The building consists of all one-bedroom units (17 total), providing a highly desirable and easy-to-manage rental mix. Originally constructed as a 14-unit building, an additional 3 suites were added in the lower level, optimizing the overall layout and revenue potential.
Over the years, the property has benefited from numerous upgrades, including newer sliding doors on all units, cosmetic updates throughout many suites, and recently painted common areas, contributing to strong tenant appeal.
The site features 14 parking stalls, adding convenience for tenants and enhancing overall functionality.
With professional property management already in place, this is a true turnkey investment opportunity ideal for investors seeking a well-located, stabilized multifamily assetMore details
Rare redevelopment opportunity in the core of Canmore at 1405 & 1409 Mountain Avenue. This exceptional offering spans over 15,700 sqft across three parcels in the Teepee Town Medium Density district, allowing for a range of development options including townhomes, stacked townhomes, or low-rise apartment buildings. Ideally located within walking distance to Main Street, commercial amenities, trail networks, and the Canmore Hospital, this site sits in an area undergoing significant redevelopment and long-term growth.
Two existing homes provide strong holding income, currently generating over $12,000 per month in long-term rental revenue, offering stability while advancing plans. The current owner has completed building drawings and marketing materials for a stacked townhouse development, providing a valuable head start for future redevelopment. With the Town of Canmore advancing Land Use Bylaw updates anticipated in 2027, this is a strategic opportunity to secure a large, centrally located parcel with both immediate income and long-term development upside.More details
Great opportunity for the savvy investor! This well-maintained building features six 2-bedroom suites. Live in one suite while generating income from the others, or rent out all six units for strong cash flow.
The roof was redone in 2010 with durable 2-ply torch-on roofing. Ideally located in an easily accessible neighborhood close to schools and just minutes from downtown, making for a convenient commute.
Numerous building and unit upgrades have been completed over the years, including a hot water tank (2023) and boiler (2025). A solid investment opportunity you won’t want to miss!More details
Data was last updated April 10, 2026 at 10:05 AM (UTC)
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