Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta
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Well-maintained 8-unit purpose-built rental building in the heart of Sylvan Lake. Now fully leased. Solid unit mix of seven 2-bedroom suites and one 1-bedroom suite with strong rental history and consistent tenant demand. Hot water heat, coin laundry, and one parking stall per unit. Sylvan Lake continues to attract tenants year-round, a growing community with a strong local economy, recreational amenities, and a steady population base. This is a turnkey income property with a proven rent roll and professional property management in place.More details
Exceptional opportunity to acquire a well-maintained 8-unit apartment building in a desirable inner-city location. Built in 1970, this income-producing property features an attractive unit mix consisting of seven 2-bedroom units and one 1-bedroom unit.. The building has benefited from significant capital improvements, including an updated boiler system in 2018 and two hot water-on-demand systems installed in 2022, helping to enhance operational efficiency and reduce future maintenance costs. Tenants enjoy the convenience of seven rear parking stalls, in this central location. Ideally situated close to downtown, public transit, shopping, schools, parks, and major employment hubs, this turnkey multifamily asset offers investors stable cash flow, strong tenant appeal, and long-term appreciation potential. Whether you're looking to expand your portfolio or secure a quality income-producing property, this 8-plex presents an outstanding investment opportunity in one of Calgary's established rental markets.More details
This is an extraordinary investment opportunity in one of Calgary's most coveted inner-city neighbourhoods. This architecturally distinguished three-storey executive residence commands immediate attention with its striking façade, soaring ceiling heights, and uncompromising attention to detail throughout. Custom-built to the highest standard, this landmark property seamlessly blends grand family living with a rare income-generating configuration. The main residence spans three full storeys of refined living space, featuring:*** - An open-concept chef's kitchen equipped with premium Wolf and Sub-Zero appliances. - A statement waterfall island in book-matched quartz and a butler's pantry. - Floor-to-ceiling glazing leading to a private landscaped terrace.
- Three generous bedroom suites on the upper floors. - A third-storey private owner's retreat with a secluded rooftop terrace offering unobstructed city and mountain views.***A standout feature of this property is the six-stall heated underground parkade, providing secure, direct access for both residents and tenants. Additionally, the rear of the property hosts four architecturally cohesive legal suites: two one-bedroom apartments and two spacious two-bedroom apartments. Each suite includes a private entrance, high-end finishes, in-suite laundry, and dedicated underground parking.More details
Located in the desirable Huntington Hills community. 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 washers and dryers, contributing to tenant satisfaction and convenience. Highlights: Total building size: 7,598 sq ft (approx.) All six units fully leased. Nine designated parking stalls .Landscaped lot with well-maintained lawns. Low maintenance costs. Fully operational, multi-unit asset in a well-established neighbourhood. 4 units renovated within 2 years.More details
1639 Acton Avenue SW | The Ascot | In The Heart Of Altadore | Rare Opportunity | Only The Second Time Ever Offered For Sale | Building with M-C1 Zoning | Great Investment | Holding Opportunity with Redevelopment Option | Suite Mix (2) 2-Bedroom Units & (8) One Bedroom Units | Fully Rented | Well Maintained Property | No Interior Photos | Easy Access To Downtown | Walk To Sandy Beach Park, River Park, Riverdale Park, Glenmore Dam Off-Leash Dog Park | Minutes To Rockyview Hospital, Mt Royal University, Chinook Centre & Westhills Towne Centre | A Short Stroll To The Marda Loop Shops & Eateries | A Superb InvestmentMore 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. Capital improvements include a new roof (2018) 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
Outstanding opportunity to acquire a fully assembled, mid-block development site in Calgary’s Beltline community. This 9,756 square foot site spans three contiguous lots at 1314, 1316, and 1318 15 Avenue SW and is currently zoned CC-MH (Centre City Multi-Residential High Rise District) under Land Use Bylaw 1P2007. This zoning supports a Floor Area Ratio (FAR) of up to 5.0, allowing for substantial future density in one of Calgary’s most dynamic and walkable urban neighbourhoods.
The site is rectangular in shape with approximately 75 feet of frontage along 15 Avenue SW and rear lane access, offering strong development efficiency. Located between 12 Street and 14 Street SW, it enjoys immediate access to key commuter routes including 14 Street, 17 Avenue, and 12 Avenue SW, with nearby transit options enhancing connectivity for future residents or tenants. The property is within walking distance to grocery stores, restaurants, fitness studios, and both downtown and 17th Avenue’s retail corridors—an essential attribute for any successful multi-residential project.
The land is improved with three separate structures: two are currently rented out, and the third is used as a professional office space. These improvements generate short-term holding income and provide flexibility for interim commercial or residential uses (subject to City of Calgary approvals). The site’s existing configuration and tenancies reduce carrying costs while future development planning is underway.
This valuation reflects comparability to several recent area land transactions, adjusted for location, zoning, and development readiness. No development applications have been submitted to date, providing a clean slate for a custom-built vision.
With its location inside the Beltline Area Redevelopment Plan, this parcel benefits from a municipal planning framework that prioritizes high-density residential growth. The CC-MH zoning allows for a wide range of uses and building forms, with potential for further density incentives where community benefit contributions apply.
Whether you're a builder, developer, or investor seeking to hold income-producing land in Calgary’s inner core, this offering provides both immediate utility and long-term potential in equal measure.More details
This 8-unit concrete apartment building in Tuxedo Park, comprising seven one-bedroom units and one studio, offers a rare turnkey investment with significant value-add potential. The property has undergone over $240,000 in recent capital improvements—including a new high-efficiency hydronic boiler, a full SBS membrane roof replacement, electrical upgrades, and building-envelope and security enhancements—ensuring that all major mechanical and structural work is complete. Currently operated as non-market housing, the asset sits significantly below inner-city market rates, providing immediate rental upside through unit-level cosmetic renovations. Situated just one block north of the future 28th Avenue Green Line LRT station and steps from the Centre Street MAX Green BRT corridor, the property features six energized parking stalls, shared laundry, and a current fire inspection on file, making it a premier transit-oriented acquisition.More details
Brand new 10 unit project, with 5 townhouses with 5 legal suites in the form of a triplex and duplex in Shaganappi. Excellent location situated nearby Killarney Aquatic Centre, 17th Ave SW, multiple greenspaces, and other attractive inner city amenities. Both structures include 3 Storey 4 bedroom units with rooftop patios and accompanying 2 bedroom legal basement suites. Convenient secured parking in a detached garage with 5 stalls off the back lane. Official addressing is 2912, 2910, 2908, 2902 14 Ave SW and 1445 28 St SW. Townhomes are 1,905 SF Above grade with 700 SF basement suites, and infills are 1,874-1,891 Sf Above Grade with 756 SF basement suites. Expected completion June 2026.More details
Sixteen Juliet doors and balconies bring abundant natural light into the building, enhancing its bright and welcoming atmosphere. This well-maintained, four-storey concrete walk-up features 10 above-grade residential suites with an ideal unit mix: six one-bedrooms, two two-bedrooms, and two three-bedroom suites. Each three-bedroom home includes a four-piece main bath and a two-piece ensuite. All suites offer private balconies, with several enjoying the benefit of two.
The property provides 10 energized, assigned parking stalls and 10 storage lockers, along with upgraded hallway flooring, steel doors and frames, and durable concrete construction that supports long-term performance and excellent sound attenuation. Ideally positioned near a full range of amenities, the building offers strong tenant appeal and reliable long-term investment value.More details
Exceptional turnkey investment opportunity in Redcliff. This fully revitalized, mixed-use building now operating as a flexible 20-door income property—10 newly reconstructed, fully furnished motel-style suites on the main floor plus 1 two-bedroom and 9 one-bedroom residential suites upstairs (with 6 renovated and 4 older style apartments).
The main-floor suites are in new condition and designed for comfortable extended stays, making them a strong fit for the area’s ongoing industrial demand. Each suite is fully furnished with kitchenette, small-wares, furniture and décor, plus keypad locks and through-wall electric heat/cool units for efficient, individual climate control.
Upstairs, the one-bedroom apartments offer reliable tenancy with durable, “set-it-and-forget-it” finishes and a history of strong occupancy. The building is owner operated and runs more like a multifamily complex—while still preserving the upside and flexibility of nightly/short-term rates on the main floor.
Major capital improvements have already been completed, including a complete exterior revitalization with new cladding, windows, doors, and more. Sidewalks have been repoured, and the property offers approximately 20+ parking stalls—a major value-add for both long-term tenants and transient/industry guests. Exterior improvements currently underway will be completed prior to possession, and there is no outstanding maintenance to tackle.
Operationally, overhead stays low with minimal staffing requirements. A main-floor common area includes 2 coin washers and 2 coin dryers, plus separate laundry for housekeeping if requested. Mechanical updates include a boiler replaced in 2022, four newer hot water tanks, and ample power capacity to support the building’s demands.
Located in the heart of Redcliff, steps from Main Street, beside the museum, and minutes to the Trans-Canada Highway, this property sits on the edge of the Medicine Hat area—positioned to benefit from continued growth in Southern Alberta.
A rare, stabilized asset with modernized suites, strong tenancy history, and multiple income strategies—all in one property.More details
Turnkey Investor Package #1 at First & Park, a rare opportunity to secure a strategic 5-unit bundle in one of Calgary’s most sought-after inner-city developments. Completed in 2024, this boutique 18-storey concrete tower features just 211 residences, offering a premium, low-density ownership experience in the heart of Eau Claire.
Purpose-built for investors looking to maximize cash flow, appreciation, and rental appeal, this curated package features a strong mix of 1 Bed, 1 Bed + Den, and 2 Bed units with highly rentable layouts and desirable exposures.
This package includes:
Unit 1303 (A1) – 1 Bed, 1 Bath | East Exposure | 472 SQFT
Unit 1304 (A2) – 1 Bed, 1 Bath | East Exposure | 471 SQFT
Unit 1310 (A3) – 1 Bed, 1 Bath | West Exposure | 452 SQFT
Unit 607 (C2) – 1 Bed + Den, 1 Bath | South Exposure | 522 SQFT
Unit 912 (D4) – 2 Bed, 1 Bath | North Exposure | 571 SQFT
With unit sizes ranging from efficient 1-bedroom layouts to a functional 2-bedroom configuration, this package offers diversified rental income streams and broad tenant appeal, ideal for young professionals, couples, and shared accommodations. Smart floorplans, 9’ ceilings, floor-to-ceiling windows, quartz finishes, and premium appliances position these units for consistent occupancy and long-term growth.
Currently, the building permits long-term rentals only, providing investors with a more stable and predictable income stream while supporting consistent tenant retention in a professionally managed environment.
Each unit is backed by a 5-Year New Home Warranty, offering added peace of mind and protection for investors purchasing newer construction.
What truly sets First & Park apart is its irreplaceable location, positioned directly beside the Bow River pathway system, a 48km network connecting Calgary’s most desirable parks and recreation areas. Residents are steps to Prince’s Island Park, the Peace Bridge, and Eau Claire Park, creating unmatched lifestyle appeal that consistently drives rental demand.
The building also offers:
24-hour concierge service
Fitness centre & yoga studio
Owner’s lounge + co-working spaces
Heated underground parking (EV ready)
Secure bike storage
Located minutes to downtown offices, transit, restaurants, and shopping, this is a high-demand rental corridor with long-term appreciation fundamentals driven by limited riverfront supply and ongoing inner-city growth.
Investor Package #1 delivers a balanced blend of location, product mix, and rental stability, a true plug-and-play opportunity in one of Calgary’s most prestigious and walkable communities.More details
Data was last updated June 11, 2026 at 12:05 AM (UTC)
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