Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta
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This RARE SIX-PLEX in HIGH PRAIRIE is the kind of investment that doesn’t come around often!!! FULLY LEASED and generating CONSISTENT INCOME!!! This property offers STRONG CASH FLOW, a SOLID CAP RATE $$$ + the kind of LOW-MAINTENANCE OPERATION every investor wants. Tucked away on a QUIET STREET and near a PEACEFUL GREEN SPACE, the property combines Privacy, Curb Appeal, and LONG-TERM VALUE.
The complex includes a total of 6 FULLY SELF-CONTAINED UNITS with a total of 8,324 sq ft: TWO Bungalows, TWO Bi-levels, and TWO Five-level Split Homes - each with their Private ENTRANCE and IN-SUITE Laundry. All units have the SAME INTERIOR Finishing, ensuring a CONSISTENT look and feel throughout the entire property. These VARIED LAYOUTS appeal to a BROAD TENANT BASE and support LONG-TERM OCCUPANCY. In 2024, the entire building was FRESHLY PAINTED, delivering a CLEAN, MODERN Look that enhances the property’s CURB APPEAL. In 2025, a BRAND-NEW ROOF was installed. Additional recent improvements include UPGRADED Patio Doors, NEWER DECKS with PRIVACY WALLS, and all-new CONCRETE PATIOS and SIDEWALKS. The Exterior is finished with a DURABLE and LOW-MAINTENANCE combination of BRICK and VINYL SIDING, while the original WINDOWS remain in good condition.
UNITS 2 AND 4 feature NEWER FURNACES, while the remaining units continue to operate with the original Heating Systems. All ELECTRICAL PLUGS + RECEPTACLES have been PROFESSIONALLY UPGRADED and brought UP TO CODE, ensuring SAFETY AND COMPLIANCE. Each unit also includes CURTAINS, BLINDS, and SCREEN DOORS WITH BUILT-IN BLINDS, adding further CONVENIENCE FOR TENANTS.
The six units break down for total developed living space is as follows:
UNIT 1 is a BUNGALOW with 885 SQ FT, 2 BEDS and 1 BATH.
UNIT 2 is a BI-LEVEL SPLIT with 1,087 SQ FT, 3 BEDS and 1.5 BATHS.
UNIT 3 is a BI-LEVEL SPLIT with 1,066 SQ FT, 3 BEDS and 1.5 BATHS.
UNIT 4 is a FIVE-LEVEL SPLIT with 1,378 SQ FT, 2 BEDS, 1.5 BATHS + DEN and Crawl Space
UNIT 5 is a FIVE-LEVEL SPLIT with 1,385 SQ FT, 2 BEDS, 1.5 BATHS.+ DEN and Crawl Space
UNIT 6 is a BUNGALOW with 885 SQ FT, 2 BEDS and 1 BATH. This unit is virtually staged.
TWELVE DEDICATED PARKING STALLS are included, FOUR OF WHICH ARE COVERED CARPORTS, with ample ADDITIONAL STREET PARKING available. A SHARED GARBAGE BIN is managed for TENANT CONVENIENCE. The location, directly BACKING ONTO GREEN SPACE, provides a QUIET, ATTRACTIVE LIVING ENVIRONMENT that supports TENANT SATISFACTION AND RETENTION. There is also the POTENTIAL TO CONDOMINIUMIZE the property, offering FLEXIBILITY FOR FUTURE RESALE or the option to SELL INDIVIDUAL UNITS.
With FULL OCCUPANCY, a STRONG RENTAL TRACK RECORD, RECENT UPGRADES, and a COMPETITIVE CAP RATE, this is a RARE, TURN-KEY INVESTMENT OPPORTUNITY in a STABLE AND GROWING MARKET.More details
This is a great 8-plex investment property. Well-maintained with 7 two-bedroom units (approx. 800 sqft per) and 1 one-bedroom unit (approx. 600 sqft). Many upgrades including: 2025 boiler; 2024 common area new carpet and fresh paint; 2015 roof, siding, eavestroughs, balconies; 2014 windows. Individual units have had updates between tenants including new flooring and fresh paint in 2 units this year. Common laundry room with Coinomatic. Great location close to transit, parks, schools, shopping, and the community sportsplex. Excellent investment opportunity!More details
An incredible opportunity with a huge land assembly in Lower Mount Royal Across from Western Canada High and 1 block off of 17th Ave SW. Includes: 1735 & 1743 College Lane, 1734, 1736 & 1738 7 St SW. Approx 21,342 sq ft lot located between College Lane & 7th St SW. Property generates good income and is an ideal holding property while you plan your new development. The College Street frontage is 125' with a depth of 190'. Purchase includes 4 detached single-family properties and a 6-unit multi-family building (Pearl Apartments) all under separate title, zoned M-C2. Close to all amenities, transit and downtown. Potential fo re-designation to MU-1: Total Parcel Area: 21,342 ft2 - 3.7 FARMore details
Land for Sale! Welcome to this incredible 60 ft x 120 ft corner development lot – An Ideal Investment in the vibrant community of Sunnyside—an exceptional opportunity to bring your vision to life. This prime location offers stunning downtown views and is perfectly positioned near the LRT, downtown core, and the lively amenities of Kensington. With Memorial Drive pathways right at your doorstep, the possibilities for development are vast. Whether you're looking to build your dream home or create a unique project, this lot provides the ideal setting to make your mark in one of Calgary’s most sought-after neighbourhoods. Don’t miss the chance to add your personal touch to the charm and character of Sunnyside.More details
Turnkey 18-Suite Apartment Building – Fully Rented & Income Generating | Prime Whitecourt Location.
Investor’s Dream – Strong Cash Flow + Long-Term Upside.
Now is the time to diversify your portfolio with this rare, high-performing 18-unit multifamily asset located directly across from the Whitecourt Hospital and walking distance to the Allan & Jean Millar Centre. This fully tenanted building offers immediate income, long-term appreciation, and tax advantages—all in one solid investment.
Property Features:
16 spacious 2-bedroom suites + 2 well-designed 1-bedroom suites.
Fully occupied – consistent rental income from day one.
New high-efficiency boiler installed in Sept 2022 – major capital upgrade complete.
Excellent location with transit nearby, strong tenant demand.
Well-maintained building with stable tenancy.
Assumable CMHC-insured mortgage (~$1.286M) – obligation until 2033.
Investment Highlights:
Reliable monthly income + strong existing cash flow.
Build equity while tenants pay down your mortgage.
Hedge against inflation with real asset appreciation.
Tax-efficient investment with depreciation benefits.
Surging demand for rentals in healthcare & amenities-adjacent areas.
Unlock Passive Income & Long-Term Wealth
Whether you’re a seasoned investor or expanding your multifamily holdings, this income-generating property is a low-risk, high-reward opportunity.
NO VTBMore details
We are pleased to offer for sale an opportunity to acquire a 100% freehold interest in The Milroy, a 26 unit apartment building in Cochrane, Alberta. The Milroy is comprised of 24 two bedroom units and two three bedroom units situated on a 23,065 square foot site offering 35 surface parking stalls. The Milroy is well located in Downtown Cochrane within walking distance of historic downtown which offers excellent dining and entertainment options as well as shopping. In addition, the COLT regional transit station is approximately 600 meters away, offering public transit to Calgary and within Cochrane. Prospective purchasers are invited to submit offers that will be reviewed as they are submitted.More details
WH05, an exclusive opportunity to acquire a collection of seven fully-leased, contemporary townhomes in the heart of West Hillhurst—one of Calgary’s most established and sought-after inner-city neighbourhoods. This boutique multifamily asset delivers immediate cash flow with long-term upside through future stratification and potential individual resale. Each thoughtfully designed, three-storey home includes three bedrooms, 3.5 bathrooms, a private garage, and a rooftop patio, blending architectural style with durable, low-maintenance finishes. The property has been well maintained since completion and benefits from strong in-place tenancy in a supply- constrained rental market.
Ideally located just minutes from downtown, the Bow River pathway system, and the amenities of Kensington, WH05 offers a rare mix of stability, location, and built-in flexibility—making it a
compelling urban investment opportunity with both income and future exit potential.More details
Well maintaned 11 suite apartment building with good tenants. The apartment is centrally located in the Sunalta community. Close to amenties and just one and half blocks away from the Sunalta LRT. The building has eight - one bedroom suites and three - two bedroom roomy suites. All units have been well maintaned and some with updated kitchens etc. Most suites also have larger storage closet feature .More details
Located in the heart of Calgary’s highly desirable Beltline District, 1309-12th Avenue SW offers a rare multiunit investment with both stability and upside. This is a three-level, eleven-unit apartment building which consists entirely of large one-bedroom suites, ranging between 750 and 800 square feet, as well as one smaller unit—making it an ideal asset for targeting the city’s growing population who desire an urban living environment.
This apartment building was constructed in 1957 and has a solid structure, bones and fundamentals. Most units have received various levels of interior renovations over time, however, there remains opportunity for any investor who seeks to update this asset to further drive rental growth. For the ambitious investor this is a rare opportunity to secure an income generating property in a prime location, which offers strong cash flow and incredible long term value. There are 5 total parking stalls. This building is minutes from Kensington, downtown, 17th Avenue, CTrain and bus routes, access to parks and the bow river pathway. 1309-12th Avenue SW stands as a prime value-add opportunity in one of Calgary’s most desirable, walkable and sought-after urban communities.More details
This is the sale of units 1-12 inclusive in condo plan 7811038. All units are 12 bi-level townhomes, 2 beds and 1 bath, with washer/dryer hook-ups. Tenants pay their own utilities and supply their own washer/dryer. Each unit has its own separate entrance, with around 1100 sqft of rentable space, and its own furnace/hot water tank. M-C1 lot measuring 120 ft. x 150 ft. 12 parking stalls with electrical hook-ups. Bowness is on the rise as an emerging neighborhood with ongoing new development, due to its close proximity to the Bow River, University of Calgary and easy access to the Trans-Canada Highway.More details
Positioned in the heart of Calgary’s highly desirable Hillhurst
neighborhood, 1241 5th Avenue NW offers a rare multifamily
investment with both stability and upside. This two-story, eight-
unit apartment building consists entirely of one-bedroom suites,
each ranging between 485 and 529 square feet—making it an
ideal asset for targeting the city’s growing population of students,
young professionals, and downsizers who value inner-city living.
Originally constructed in 1971, the property has seen several recent
upgrades including a new hot water tank (2020), fresh luxury vinyl
plank flooring throughout common areas, and modern balcony
railings installed in 2023. While all units have received various
levels of interior renovations over time, there remains
considerable value-add potential for an investor seeking to
modernize and reposition the asset to drive rental growth.
With one parking stall per unit, solid building fundamentals, and a
location steps from Riley Park, Kensington Village, and CTrain
access, 1241 5th Avenue NW stands as a prime value-add
opportunity in one of Calgary’s most walkable and sought-after
urban communities.More details
Great central location just less than 1 block from 17 ave sw. in the Bankview community on a quiet street. This 24 suite apartment building has low vacancy and close to all amenties. Owner has updated the units over the years that has allowed for good rental/lease income with good tenants.The suite mix is eighteen one bedrooms and six two bedrooms.More details
Data was last updated July 5, 2025 at 02:05 PM (UTC)
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