Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta
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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 3 bedroom units with rooftop patios and accompanying legal 1 bedroom and 2 bedroom 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
Turnkey Investor Package #2 at First & Park, a premium opportunity to secure a strategic multi-unit portfolio in one of Calgary’s most desirable riverfront communities. Completed in 2024, this boutique concrete development offers strong fundamentals for investors seeking stable long-term rental income and appreciation in a supply-constrained inner-city location.
Purpose-built for scalability, this package features a high-performing mix of larger layouts, including 2 Bed, 2 Bed + Den configurations, ideal for maximizing rental income and attracting quality tenants.
This package includes:
Unit 1301 (D1) – 2 Bed, 1 Bath | North Exposure | 571 SQFT
Unit 713 (D5) – 2 Bed, 2 Bath | North Exposure | 715 SQFT
Unit 813 (D5) – 2 Bed, 2 Bath | North Exposure | 715 SQFT
Unit 302 (E1) – 2 Bed + Den, 2 Bath | North East Exposure | 861 SQFT
Unit 408 (D2) – 2 Bed + Den, 2 Bath | South West Exposure | 774 SQFT
Unit 208 (E1-2) – 2 Bed + Den, 2 Bath | North East Exposure | 861 SQFT
This diverse unit mix provides exposure to higher rental brackets, making it ideal for professionals, roommates, and executive tenants seeking proximity to downtown and lifestyle amenities. Larger floorplans with dens add flexibility for work-from-home tenants, further enhancing rental demand.
Currently, the building permits long-term rentals only, creating a stable investment environment with predictable income and reduced turnover risk.
Each unit is backed by a 5-Year New Home Warranty, offering peace of mind and reduced maintenance concerns for investors.
Located steps from the Bow River pathway system, Prince’s Island Park, and Eau Claire, First & Park delivers unmatched lifestyle appeal. Residents enjoy immediate access to downtown offices, transit, restaurants, and Calgary’s top recreational amenities, a key driver for sustained rental demand.
Building features include:
Concierge service
Fitness centre & yoga studio
Owner’s lounge & co-working spaces
Heated underground parking & EV readiness
Secure bike storage
This is a rare opportunity to acquire scale in a prime location, combining larger, high-demand layouts with strong long-term growth fundamentals.
Investor Package #2 offers size, versatility, and location, a high-quality addition to any real estate portfolio in Calgary’s core.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
?Investment Opportunity – 7-Unit Apartment Building Near Downtown Calgary
An excellent opportunity to acquire a well-maintained 7-unit apartment building in a desirable inner-city location, just minutes from downtown Calgary.
This property is fully leased, offering investors seeking a turnkey asset. Situated in a high-demand rental neighbourhood, the building benefits from strong tenant retention and consistent occupancy. Surface parking available for tenants. Close proximity to downtown, transit, amenities, and major routes. Several renovations and upgrades are done over the years. This property presents a compelling opportunity for both seasoned and first-time investors looking to secure a solid multi-family asset.More details
INVESTORS! This well-maintained 6-plex in the desirable Eastview subdivision (South Red Deer) is fully rented and situated on a large ~75 x 125 ft lot.
The property features a strong unit mix, including five 2-bedroom suites and one 1-bedroom suite. Each unit is separately metered, with tenants responsible for their own power.
The building exterior has been updated and showcases durable vinyl siding, vinyl windows, and a pitched asphalt shingle roof. Interior suites have seen varying levels of renovations over the years.
All units offer exterior access, with upper-level suites featuring private balconies. At the rear, you'll find a paved parking area with energized stalls and a seperate common laundry room, for tenant convenience.More details
Welcome to a rare, brand new 6-plex investment opportunity located in one of the town's most desirable communities—surrounded by luxury homes and positioned just steps from scenic walking paths and tranquil pond views.
This purpose-built property offers six fully self-contained units with modern layouts, high-quality finishes, and strong rental appeal in a premium location. Designed for long-term performance, this asset provides investors with the advantage of new construction—minimal maintenance, maximum efficiency, and optimal tenant attraction.
What truly sets this property apart is the inclusion of 4 detached garages and 4 detached storage units, offering additional income potential and added convenience for tenants—an uncommon feature that enhances both cash flow and desirability.
The setting is second to none, with immediate access to walking trails, green space, and water features, all while being surrounded by upscale residential homes—creating a strong tenant profile and long-term value stability.
Investment Highlights:
Brand new construction – low maintenance, high efficiency
6 fully self-contained units with modern finishes
Located in a premium neighbourhood surrounded by luxury homes
Steps to walking paths, ponds, and green space
4 detached garages + 4 detached storage units (additional revenue potential)
Strong rental demand in a high-quality location
Ideal for long-term hold with appreciation upside
This is a rare opportunity to secure a high-end, turnkey multi-family asset in a location that stands out from typical rental properties.More details
Exceptional 8-Unit Multifamily Investment in Killarney – Fully Rented | Turnkey | Assumable Mortgage
Rare opportunity to acquire a purpose-built 8-unit multifamily property in the highly desirable community of Killarney. This quality-built asset features high-end finishings throughout and was constructed by a reputable builder, offering both durability and long-term appeal.
The property consists of 4 upper units and 4 fully legal lower suites, all separately contained and each equipped with in-suite laundry. The upper units offer a premium layout, including two front 3-storey units with private primary retreats and private patios, along with two rear 2-storey units featuring functional, open-concept designs. All upper suites are equipped with central air conditioning, enhancing tenant comfort and marketability.
This investment is 100% occupied with no vacancy, providing immediate and stable cash flow. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering attractive financing terms for qualified buyers.
Additional features include a 4-car garage, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment.
Located just half a block from public transit and within walking distance to amenities, this property offers excellent accessibility. Positioned near Marda Loop with quick access to downtown and major roadways including the ring road, the location supports strong, long-term rental demand.More details
Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol Hill
Exceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder, offering long-term durability and strong tenant appeal.
The property features 5 upper units and 5 fully legal suites below, all fully rented with zero vacancy, providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts, each offering 3 bedrooms, 2.5 bathrooms, open-concept living spaces, private primary retreats, and private patios. All upper units are equipped with central air conditioning, further enhancing tenant comfort and desirability.
Each of the 10 units includes in-suite laundry, providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering favorable financing options for qualified buyers.
Additional highlights include 5 rear parking stalls, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment.
Ideally located with quick access to downtown, and close to amenities, shopping, transit, and excellent schools, this property is well-positioned for long-term rental demand.More details
Pleasant View Lodge in Spirit River, Alberta presents a rare opportunity to acquire a well-maintained, institutional-quality 42-suite care facility situated on 2.32 acres of R4 High Density Residential land priced at only $45/sqft!. Encompassing 22,177 sq. ft., the building has seen extensive upgrades including boilers (2015), hot water tanks (2022/2023), a torch-on roof (2018), and modern double-glazed vinyl windows, offering a solid, low-risk asset base. Now vacant and ready for immediate occupancy or repositioning, the property features private bathrooms in every suite (26 with full tubs or showers), along with a commercial kitchen, expansive common areas, assisted bathing rooms, staff facilities, office space, commercial laundry, a hair salon, and a 26’ x 40’ maintenance shop. With ample parking, mature landscaping, and a quiet setting near parks and services just 50 minutes from Grande Prairie, this flexible property is ideally suited for seniors housing, assisted living, specialized care, workforce accommodation, or multi-family conversion.More details
Listed by Sutton Group Grande Prairie Professionals
Data was last updated May 13, 2026 at 02:05 PM (UTC)
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