Multi-Family Apartment Buildings For Sale Alberta

Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta

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1-12/55
  • 625 2 Avenue NW in Calgary: Sunnyside Multi Family for sale : MLS®# A2324013

    625 2 Avenue NW Sunnyside Calgary T2N 0E2
    Main Photo: 625 2 Avenue NW in Calgary: Sunnyside Multi Family for sale : MLS®# A2324013
    $5,500,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2324013
    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
    Listed by LPT Realty
  • 215 15 Avenue SE in Calgary: Beltline Multi Family for sale : MLS®# A2322945

    215 15 Avenue SE Beltline Calgary T2G 1G4
    Main Photo: 215 15 Avenue SE in Calgary: Beltline Multi Family for sale : MLS®# A2322945
    $3,750,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2322945
    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
    Listed by KPLI Real Estate Corporation
  • 1405 17 Avenue NW in Calgary: Capitol Hill Multi Family for sale : MLS®# A2312262

    1405 17 Avenue NW Capitol Hill Calgary T2M 0R4
    Main Photo: 1405 17 Avenue NW in Calgary: Capitol Hill Multi Family for sale : MLS®# A2312262
    $3,890,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2312262
    Build. Type:
    Low Rise (2-4 stories)
    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
    Listed by Royal LePage Mission Real Estate
  • 1-19 (no 3/13) 4940 49 Street in Rocky Mountain House: Rocky Mtn House Multi Family for sale : MLS®# A2320267

    1-19 (no 3/13) 4940 49 Street Rocky Mtn House Rocky Mountain House T4T 1B6
    Main Photo: 1-19 (no 3/13) 4940 49 Street in Rocky Mountain House: Rocky Mtn House Multi Family for sale : MLS®# A2320267
    $2,490,777
    Commercial
    Status:
    Active
    MLS® Num:
    A2320267
    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
    Listed by Realty Executives Alberta Elite
  • 2705 38 Street SW in Calgary: Glenbrook Multi Family for sale : MLS®# A2320201

    2705 38 Street SW Glenbrook Calgary T3E 3E9
    Main Photo: 2705 38 Street SW in Calgary: Glenbrook Multi Family for sale : MLS®# A2320201
    $1,730,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2320201
    Build. Type:
    Low Rise (2-4 stories)
    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
    Listed by Royal LePage Benchmark
  • 4518 47 A Avenue in Sylvan Lake: Downtown Multi Family for sale : MLS®# A2318956

    4518 47 A Avenue Downtown Sylvan Lake T4N 1N8
    Main Photo: 4518 47 A Avenue in Sylvan Lake: Downtown Multi Family for sale : MLS®# A2318956
    $925,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2318956
    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
    Listed by eXp Realty - Sylvan Lake
  • 211 6 Street NE in Calgary: Bridgeland/Riverside Multi Family for sale : MLS®# A2314434

    211 6 Street NE Bridgeland/Riverside Calgary T1A 1G9
    Main Photo: 211 6 Street NE in Calgary: Bridgeland/Riverside Multi Family for sale : MLS®# A2314434
    $1,800,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2314434
    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
    Listed by 2% Realty
  • 2226 Westmount Road NW in Calgary: West Hillhurst Multi Family for sale : MLS®# A2314809

    2226 Westmount Road NW West Hillhurst Calgary T2N 3N4
    Main Photo: 2226 Westmount Road NW in Calgary: West Hillhurst Multi Family for sale : MLS®# A2314809
    $2,800,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2314809
    Build. Type:
    Low Rise (2-4 stories)
    INVESTORS! Unique residential + rental income! A 3 storey on one side + 4 legal suites on the other. An exceptional opportunity to own a newly built (2022) purpose-built rental property in the highly desirable community of West Hillhurst. Offering 5 residential units across 5,276 sq. ft. of above-grade living space, this turnkey asset combines strong in-place income with immediate value-add potential. Priced at $2,800,000, reduced from $3,188,000, the property features a luxurious 3 level attached home and FOUR legal income-generating suites. The proforma projects $119,375 in annual gross potential income with a modest 5.4% vacancy allowance, resulting in Year 1 effective rental income of $112,938 and a stabilized NOI of $74,890. Total operating expenses are estimated at just $38,048 annually, representing an efficient 33.7% expense ratio attributable to the property's recent 2022 construction, modern building systems, and energy-efficient design. An immediate value-add opportunity exists through the lease-up of the currently vacant Unit 201 (584 SF). Marketed at $1,750 per month, this suite has the potential to generate approximately $21,000 in additional annual gross revenue. Additional features include four legal suites with private entrances, in-suite laundry, dedicated storage, and secure underground parking, plus a rare six-stall heated underground parkade. Ideally located minutes from downtown, Kensington, the Bow River pathway system, Foothills and Children's Hospitals, parks, schools, and countless amenities, this is a premier inner-city investment added to your portfolio. More details
    Listed by Real Broker
  • 1-6 8 Huntley Close NE in Calgary: Huntington Hills Multi Family for sale : MLS®# A2311334

    1-6 8 Huntley Close NE Huntington Hills Calgary T2K 4Z3
    Main Photo: 1-6 8 Huntley Close NE in Calgary: Huntington Hills Multi Family for sale : MLS®# A2311334
    $1,799,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2311334
    Build. Type:
    Condo Complex
    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
    Listed by Grand Realty
  • 4746 55 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2312434

    4746 55 Street Downtown Red Deer Red Deer T4N 2J1
    Main Photo: 4746 55 Street in Red Deer: Downtown Red Deer Multi Family for sale : MLS®# A2312434
    $3,500,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2312434
    Build. Type:
    Low Rise (2-4 stories)
    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
    Listed by Real Broker
  • 1639 Acton Avenue SW in Calgary: Altadore Multi Family for sale : MLS®# A2310217

    1639 Acton Avenue SW Altadore Calgary T2T 2R1
    Main Photo: 1639 Acton Avenue SW in Calgary: Altadore Multi Family for sale : MLS®# A2310217
    $2,698,896
    Commercial
    Status:
    Active
    MLS® Num:
    A2310217
    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 Investment More details
    Listed by Real Broker
  • 1318 15 Avenue SW in Calgary: Beltline Multi Family for sale : MLS®# A2310637

    1318 15 Avenue SW Beltline Calgary T3C 0X7
    Main Photo: 1318 15 Avenue SW in Calgary: Beltline Multi Family for sale : MLS®# A2310637
    $2,495,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2310637
    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
    Listed by eXp Realty
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Data was last updated June 26, 2026 at 02:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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