Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta
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Back on the market! Great Location! 3 storey apartment condo building next to FFCA school, plaza and located right in the heart of Highwood. Well maintained building with lots of upgrades, newer flooring, fresh paint job, and much more. Renovation to Common area with tiles flooring throughout! This 3 floor high apartments have 9 units which includes 3 x 3 bdrm and 6x 2 bdrm units, minor stairs in front and back but No elevator. All units have a small storage room in suite along with its own furnace. 9 parking stalls in the back assigned to each unit and coin-op laundry in the building. Newer windows throughout; Replacing 2 balconies in the back. Roof on March 2019 been power wash and install liquid applied membrane RC 2000 to the entire 3200sqft roof. Hot water tanks replaced back in Feb 2019 with new Bradford White hot water tank. Each unit has it's own furnace and serviced regularly. In-suite storage and additional storage available in the building. Only 10 minutes drive to U of C, within few minutes drive to safeway and close proximity to future Green-line LRT. All 9 units are tenanted generated over $12.400 rent per month. Low Maintenance!More details
Classic Brick-and-Mortar Investment is what this 7-Suite Concrete Apartment Building is all about, with current revenue of $133,500 per year. Positioned in the heart of high-demand Bridgeland, this well-maintained 7-suite concrete building offers a annual turn-key revenue opportunity for the savvy investor. Featuring six spacious 2-bedroom units and one bachelor suite. Every apartment enjoys a private balcony, a secure storage unit and a warm, welcoming layout that attracts and retains long-term tenants.
Property Highlights:
Convenient Parking: On-site rear surface parking eliminates street parking - no on street parking headaches for residents. Prime Location: Steps from public transit with quick, direct access to downtown Calgary and local amenities. Proactive Capital Upgrades: Capital expenditure risks are minimized thanks to significant recent improvements over the last 8 years: Hallways, common areas, and flooring upgraded (2 years ago) Windows and exterior doors replaced (4 years ago) Roof replaced (5 years ago) Water heater replaced (8 years ago). New Replacement Boiler in Storage, if required.
Personally maintained with pride of ownership, this solid concrete asset yields stable cash flow with stable long-term upside. A fantastic turn-key addition to any real estate portfolio. A rock-solid, turn-key investment property ready for long-term equity growth and stable rental yield. Full Proforma available on request.More details
Exceptional multi-family investment opportunity featuring two adjacent 4-plex buildings in a prime location, just minutes from Olds College. Each building offers four 2-bedroom, 1-bathroom suites, for a total of eight rental units, all complete with in suite washer and dryer. Each suite is separately metered for utilities, providing efficient operating costs and ease of management. Numerous capital improvements have been completed, including a Carlisle Sure-Weld 60 mil membrane roofing system, metal-clad mansards (2019), upgraded fibreglass front entry doors, replacement of all furnaces and renovations to the majority of kitchens and bathrooms. Exterior sewer and water service lines between the buildings and municipal connections have also been replaced. Ideally situated close to Olds College and local amenities, this well maintained income producing property offers investors a turnkey opportunity with quality upgrades already in place and strong long term rental appeal.More details
Fully renovated six-unit townhouse complex directly across from Bowness High School, now 100% occupied. Each unit is a 3-bedroom townhouse with undeveloped basement. Condo-titled structure. Currently renting at $1,800/month per unit, well below market rate supported by CMHC comps and current listings. With five of six leases expiring or renewing through 2027, there is a clear path to market-rate rents. The property was recently renovated back to the studs with no immediate capital expenditure required. Mortgage assumption at 4.7% fixed through June 2033 is required. Individual units are currently selling for much higher, and buyer could sell off individually at end of mortgage term to realise significant profit. Great buy and hold property. Financials and brochure available on request. Tours with an accepted offer.More details
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 + NEW SIDING ON THE BACK and UPPER SIDES of the building. 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.
UNIT 6 has a NEW FURNACE, DISHWASHER + Outdoor Electric Plug for a Vehicle. 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
12 units for sale in an exceptional location, walking distance to the University of Calgary! This property includes two 6-unit buildings, 4 x 2-bedroom, 6 x 1-bedroom, 2 x bachelors. Well-maintained building with recent capital expenditures including brand new exterior paint, fresh landscaping, new downspouts, renovated common areas with laminate flooring, new carpet and paint. Most windows have been updated and boilers/hot water tanks are in great shape. A couple units have been renovated with laminate flooring, bathrooms and paint. Tenants pay their electricity. 12 parking stalls. This location in Brentwood is unbeatable with grocery store and shopping centre across the street, and less than 10 minutes to downtown.More details
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. The Seller may consider Seller financing.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
Data was last updated August 7, 2026 at 06:05 AM (UTC)
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