Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta
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Welcome to 2312 1 Street NW. This six-suite building features a perfect mix of two 1-bedroom and four 2-bedroom apartments. The property sits on a massive 63x125-foot lot with MC-1 zoning, located very close to Centre Street NE and the future Green Line LRT project. The building includes six parking stalls at the rear, with public transit, shopping, schools, and parks all within walking distance. A brand-new roof was installed in 2025, and the property is professionally managed. **POSSIBILITY OF ASSUMING CURRENT MORTGAGE THRU RBC @4.34%. FOR QUALIFIED CUSTOMERS**. Please do not approach the tenants. For more inquiries, call your favorite Realtor today.More details
Suite mix 10 - 1 BR and 1 Studio. This 11 suite apartment building is located in Lower Mount Royal - a prime rental area in Calgary. 1 BR suites are approximately 550 sf. A short walk to the amenities and shops on 17 Ave SW and a 10 minute walk to 4th St SW shops. The roof was recently resurface in 2023. A good solid well maintained building with tremendous upside with redecoration as units turn over.More details
Click brochure link for more details. A rare opportunity to acquire a 22-unit multifamily investment property in one of Calgary's most established inner-city communities. Built in 1956, Jennifer Apartments is a three-storey walk-up plus basement level, situated on an 11,934 SF site just minutes from 17th Avenue SW, Marda Loop, and downtown Calgary. The building offers a suite mix of 20 bachelor suites, one one-bedroom suite, and one non-conforming two-bedroom suite located on the lower level. Twelve surface parking stalls and on-site coin-operated laundry provide ancillary income, with further upside available through activation of currently unutilized revenue streams. The boiler has recently been inspected and is in good working condition. Tenants are responsible for electricity, while the landlord covers heat, gas, and water. This is a straightforward, operationally-driven value-add opportunity: in-place rents sit meaningfully below market, with a clear path to NOI growth through rental upside alone, before accounting for ancillary income and further repositioning potential. Bankview's tight-knit, walkable, transit-connected setting continues to draw strong and consistent demand from an urban tenant base, supporting long-term rental stability. Ideally suited for investors seeking a well-located, income-producing asset with minimal near-term capital requirements and multiple avenues for value creation.More details
Welcome to this 8 unit bi-level multi-family building for sell, an exceptional investment opportunity in the heart of Bowness, one of Calgary's fastest-transforming inner-city communities. Surrounded by newly developed multi-family projects, this well-maintained property offers excellent holding income today with outstanding redevelopment potential for the future.
Situated on a 75' x 150' M-C1 zoned lot, the building features 8 rental units, including 2 three-bedroom units, 4 two-bedroom units, and 2 one-bedroom units, along with 8 rear parking stalls. The property generates strong cash flow, making it an ideal long-term investment while you benefit from future land appreciation and redevelopment opportunities.
Conveniently located within walking distance to schools, shopping, parks, and everyday amenities. Enjoy being just 10 minutes from WinSport, Farmer's Market, Bowness Park, and a wide variety of major retail and dining destinations, while downtown Calgary is only a 15-minute drive away.
Whether you're an investor looking for stable income, a developer seeking your next project, or a buyer wanting to secure land in a rapidly evolving neighbourhood, this is an opportunity you won't want to miss.More details
Excellent investment opportunity with this fully occupied, 8-unit apartment building featuring 5 one-bedroom, one bath and, 3 studio suites. Fully renovated in 2024, including roof and mechanical systems. All suites have been fully updated with new kitchens, bathrooms, appliances, and drywall. Situated in a quiet safe neighborhood walking distance to shopping, banks, public transit, and everyday amenities, offering strong rental appeal. The desirable location and efficient unit mix provide solid income for investors seeking a turnkey multi-family property in a convenient, amenity-rich area. All units are rented with long-term tenants.More details
Fully leased 8-unit apartment building one block from downtown Sylvan Lake and the main beach. Uniform mix of eight 2-bedroom, 2-bathroom suites, each with in-suite laundry. Hot water heating, individual electrical metering per unit, and in-unit heat recovery ventilation. Nine parking stalls with rear lane access, nine energized. Situated within walking distance to the waterfront. Some interior photos are virtually staged.More details
Sixteen Juliet doors and balconies infuse the building with abundant natural light, creating a bright and welcoming environment throughout. This well-maintained four-storey concrete walk-up offers 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 features a four-piece main bath and a two-piece ensuite. All suites include private balconies, with several enjoying the advantage of two.
The property provides 10 energized, assigned parking stalls and 10 storage lockers, complemented by upgraded hallway flooring, steel doors and frames, and durable concrete construction that delivers long-term performance and excellent sound attenuation. Positioned close to a full range of amenities, the building offers strong tenant appeal and dependable long-term investment value.More details
ONLY 3 MONTHS AWAY FROM COMPLETION | 12 LEGAL UNITS | BRAND NEW 6-PLEX | INNER-CITY LOCATION | CMHC MLI SELECT ELIGIBLE | Purpose-built for long-term performance, this brand new inner-city multifamily asset delivers 6 townhouse-style units, each paired with a fully self-contained legal basement suite, creating 12 legal rental units designed to maximize income stability and operational efficiency. Currently under construction, the project offers investors the opportunity to secure a modern, code-compliant rental property in one of Calgary’s most desirable and supply-constrained inner-city communities. Above-grade residences span 3 storeys and feature bright, open-concept main floors with contemporary finishes selected for durability, tenant appeal, and low-maintenance ownership. Functional kitchen layouts incorporate modern appliances and generous prep and storage space, supporting everyday usability and broad rental demand. The second level is thoughtfully configured with 2 bedrooms, a full 4-piece bathroom, in-suite laundry and a dedicated bonus room, while the entire third level is designed as a private primary retreat complete with a walk-in closet, a 5-piece ensuite, and a private balcony. Each lower-level residence is a fully legal basement suite with a private entrance, dedicated kitchen, living area, full bathroom, bedroom, and in-suite laundry, offering true separation between units for privacy, sound control and flexible leasing strategies. Phenomenally located in the heart of Sunnyside with immediate access to boutique shops, acclaimed restaurants, independent cafes, the Sunnyside LRT Station, the Bow River pathway system and downtown, reinforcing consistent rental demand and long-term appreciation. Contemporary construction standards, fire-rated and sound-separated assemblies, and modern mechanical systems reduce capital risk while positioning the property as a clean, scalable acquisition. This offering is well suited for investors seeking durable cash flow, portfolio diversification and premium inner-city exposure in a market where well-designed, legal rental housing continues to outperform.More details
Rare opportunity to acquire a fully renovated 16-unit multifamily building in Calgary's most rapidly transforming neighbourhood. The building comprises 9 bachelor suites and 7 one-bedroom suites, all fully upgraded, in a location that is arguably the most walkable and well-connected in the Beltline. Steps to Victoria Park/Stampede CTrain station, walkable to downtown Calgary and 17th Avenue, with an exceptional walk score that reflects the depth of amenity on the doorstep.
The building has been comprehensively upgraded by the current ownership with no deferred maintenance. Every suite features new flooring, kitchens, and appliances. Common areas have been fully refreshed across both wings, 15 windows replaced, ButterflyMX smart access installed, and a coin laundry area retrofitted for resident use.
The property sits at the centre of an event district that will only grow in scale and profile. NHL games at Scotia Place (opening 2027-28), the Calgary Stampede, major concerts, and international conventions at the BMO Centre draw visitors year-round. As new hotel supply from the W Calgary, JW Marriott, and Autograph Collection drives nightly rates higher, short-term rental demand in this pocket will follow. An incoming owner has the ability to apply for short-term rental licences for some or all units, positioning the building to capture that demand as it grows.
For long-term holders, the fundamentals are equally compelling. Zoned CC-X (Centre City Mixed Use) with no maximum building height and hotel as a discretionary use, this is a land parcel whose value will appreciate alongside one of the most significant development cycles in Calgary's history. Current rents sit below market with the majority of leases expiring Q3/Q4 2026 and Q1 2027, providing immediate upside as the district continues to activate. Contact listing agent for more information.More details
Rarely does an opportunity like this come to market. Proudly offered for sale for the first time by the original owner, this well-maintained 18-unit apartment building is ideally situated on a prominent corner lot in the highly sought-after community of Capitol Hill. Featuring MC-2 zoning, the property offers exceptional long-term redevelopment potential while generating stable income today. The four-storey walk-up consists of 18 upgraded suites, including fourteen one-bedroom, one-bathroom units (approximately 545 sq. ft.) and four two-bedroom, one-bathroom units (approximately 645 sq. ft.). Each suite is individually metered for electricity, providing operational efficiency and reduced landlord expenses. Significant capital improvements include a new torch-on roof completed in 2024, new security doors and intercom system installed in 2022, roughed-in Telus fibre-optiks, and security camera coverage throughout the building, including all floors and entry points. Additional revenue is generated through the on-site coin-operated laundry facilities. Each unit comes with an outdoor parking stall (3 are covered) and exterior plug-in. Ideally located just minutes from SAIT, the Jubilee Auditorium, Alberta University of the Arts, North Hill Centre, LRT, schools, shopping, restaurants, and countless amenities, this property benefits from strong tenant demand and excellent accessibility. Whether you’re seeking a turnkey multi-family investment, a long-term hold in one of Calgary’s most desirable inner-city communities, or a strategic redevelopment opportunity, this exceptional Capitol Hill asset offers the perfect combination of LOCATION, STABILTY and FUTURE UPSIDE.More details
RARE investment opportunity! Don't miss this exceptional opportunity to own a fully-tenanted turnkey apartment building in the heart of Rocky Mountain House with $1,000,000 in high quality renovations completed fall of 2025. This 17 unit concrete and stone building is a rare asset... Ideal for investors looking for long term stability and superior returns of $20,000 per month with $125,000 down payment. Other notable upgrades: new Roof 2015, new Windows 2016, new Boiler 2020, both pumps were rebuilt in 2025. This professionally managed building features 16 well designed studio apartments and one spacious one-bedroom unit all under the expert care of an outstanding on site manager. The expansive basement, formerly home to 30 underground parking stalls, offers incredible development potential. Whether you envision additional apartment units subject to town approval, storage lockers, or a tenant recreation space. The possibilities are incredible! A small office is already in place for property management or administrative use. Situated on one of the most desirable streets in Rocky Mountain House, the building boasts breathtaking West-facing mountain views, a large paved parking lot, and low maintenance landscaping. With a concrete and stone exterior, minimal yard work, and close proximity to shopping, dining, and all amenities- this is truly a prime addition to any investment portfolio.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
Data was last updated July 16, 2026 at 02:05 AM (UTC)
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