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Investment Property for Sale in Calgary
Investment Property for Sale in Calgary
Begin your search of investment property listings in Calgary with a price range of up to $600,000 below. Whether it be a condo, townhome, or single-family residence, investing in well-priced real estate can generate a second source of income and create more financial security for those looking to take the step.
Find out more about Calgary investment properties for sale or to schedule a private showing of any listing(s) below, contact our team of experienced real estate agents anytime at 403.370.4008 and they will be happy to assist you!
Calgary Investment Properties for Sale
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2414 4270 Norford Avenue NW in Calgary: University District Apartment for sale : MLS®# A2273695
2414 4270 Norford Avenue NW Calgary T3B 6A8 
$399,900Residential- Status:
- Active
- MLS® Num:
- A2273695
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 606 sq. ft.
Discover modern living at its finest in this brand-new 1-bedroom, 1-bathroom plus den condo by Rohit Homes. Located in the highly sought-after University District, this home offers the perfect blend of luxury, convenience, and contemporary design. Step inside to find sophisticated finishes including waterfall quartz countertops, floor-to-ceiling triple-pane windows, and your choice of one of three stunning Designer Interiors. Whether you prefer chic, elegant, or bold, this home can reflect your personal style. Enjoy the comfort of in-suite laundry, a private balcony, and A/C rough-in to keep you cool during Calgary’s warm summers. A titled underground parking stall ensures your vehicle is secure and easily accessible year-round. Living in the University District means you’re part of a thriving community filled with exceptional amenities, trendy shops, diverse dining options, and serene green spaces. With close proximity to major institutions, like the University of Calgary and top healthcare facilities, this location offers unparalleled convenience for students, professionals, and families alike. Whether you’re looking to invest or make this your forever home, Dean's Landing is a lifestyle opportunity you don’t want to miss. Contact us today to learn more about this incredible property and other available options! More detailsListed by Manor Hill Realty YYC Inc.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3409 1620 70 Street SE in Calgary: Applewood Park Apartment for sale : MLS®# A2266160
3409 1620 70 Street SE Calgary T2A 7Z2
$179,900Residential- Status:
- Active
- MLS® Num:
- A2266160
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 534 sq. ft.
Welcome to Pointe of View in Applewood—where comfort, convenience, and value meet. This top-floor 1-bedroom + den condo (538 sq. ft.) offers modern living with a peaceful, elevated feel—perfect for first-time buyers, downsizers, or savvy investors. Step inside to a bright, efficient layout featuring a comfortable primary bedroom and a versatile den that works well as a home office, fitness corner, or cozy media nook. The well-equipped kitchen, complete with four appliances, opens into the main living area, creating a practical combined space for relaxing, dining, or entertaining. From here, step out to your northwest-facing balcony—a great spot for morning coffee or evening BBQs. Enjoy the convenience of in-suite laundry with a stacked washer/dryer. The unit has been freshly painted and professionally cleaned throughout, offering true move-in readiness. Located in the heart of Applewood, you're just steps from Elliston Park, the MAX Purple transit line, and familiar favorites like Tim Hortons. East Hills Shopping Centre—with Costco, Walmart, Cineplex, and more—is only minutes away, while nearby Stoney Trail makes city travel simple. Outdoor enthusiasts will love being close to the Rotary/Mattamy Greenway, a 138 km network of scenic walking and biking paths circling Calgary. This well-managed building features secure access with monitored cameras, low condo fees that include heat, water, and electricity, and an assigned parking stall for added convenience. A bright top-floor unit in a peaceful, well-connected community—this is one you’ll want to see! More detailsListed by TREC The Real Estate Company- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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15 803 Varsity Estates Drive NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2270458
15 803 Varsity Estates Drive NW Calgary T3B 4W5
$424,900Residential- Status:
- Active
- MLS® Num:
- A2270458
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,175 sq. ft.
This beautifully cared-for and updated townhouse in Varsity offers the perfect blend of comfort, functionality, and location – ideal for small families or first-time buyers. The main floor features maple hardwood, fresh neutral paint, and an updated kitchen with quartz counters, stainless steel appliances, modern cabinetry, and tile backsplash. The spacious living room includes a cozy fireplace and opens onto a private deck overlooking quiet, shared green space – perfect for morning coffee, entertaining, or watching the kids play nearby. Upstairs offers three generous bedrooms, including a large primary with access to a full bathroom and a private, sun-filled balcony. The lower level is professionally finished with a spacious family room, a full bathroom, and a large storage area – great for a home gym, play area, or media room. The windows have been upgraded to vinyl, adding efficiency and peace of mind. The private south-facing yard backs onto mature trees and green space, offering a peaceful setting with no direct rear neighbours. You’ll also enjoy the convenience of a single attached garage and an additional uncovered parking stall for your guests. Located close to shopping centres, the University of Calgary, and the LRT, this home delivers excellent value in one of Calgary’s most sought-after communities. The complex is self-managed and well-run, with low condo fees of $200/month. More detailsListed by RE/MAX Complete Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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103 25 Aspenmont Heights SW in Calgary: Aspen Woods Apartment for sale : MLS®# A2274638
103 25 Aspenmont Heights SW Calgary T3H 0E4
$370,999Residential- Status:
- Active
- MLS® Num:
- A2274638
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 933 sq. ft.
Welcome to Valmont at Aspen Stone—where refined living meets exceptional convenience. This beautifully appointed 2-bedroom, 2-bathroom condo is set in the prestigious community of Aspen Woods, known for its upscale charm, top-rated schools, and easy access to nature, shopping, and transit. With 933 sq ft of thoughtfully designed living space, this home offers the perfect blend of comfort, style, and functionality. The kitchen is a true standout, showcasing waterfall granite countertops with eat in breakfast bar, stainless steel appliances, pendant lighting, a sleek tile backsplash, and modern full-height white cabinetry—an ideal setup for both everyday living and effortless entertaining. The open-concept layout flows seamlessly into the dining and living areas, where warm vinyl plank flooring and large windows create a bright, inviting ambiance with serene views of the gardens and pathways. The well-designed floorplan provides excellent privacy, with each bedroom located on opposite sides of the unit. The primary bedroom is generously sized and features a walk-through closet leading to a luxurious 5-piece, spa-inspired ensuite complete with a soaker tub and tiled glass shower. The second bedroom has direct access to its own full 5-piece bathroom, making it perfect for guests, a home office, or a cozy reading retreat—whatever best suits your lifestyle. A spacious in-suite laundry room adds convenience and extra storage. This unit also includes one titled underground parking stall, a separate storage locker, and access to a quiet, well-maintained building offering desirable amenities such as fitness facilities, guest suites, a car wash, and ample visitor parking. Just minutes from Aspen Landing Shopping Centre, parks, top-rated schools, and public transit, this home delivers an exceptional lifestyle in one of Calgary’s most desirable neighborhoods. Whether you're a first-time buyer, downsizer, or investor, this condo presents a rare opportunity to enjoy luxury, location, and an elevated living experience in Aspen Woods. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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201 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2274222
201 135 Mahogany Parade SE Calgary T3M 2J9
$249,900Residential- Status:
- Active
- MLS® Num:
- A2274222
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 548 sq. ft.
Welcome to the Braeburn at ZEN Mahogany — a stylish and energy-efficient townhome built by a NET ZERO builder! This smartly designed 1 bed, 1 bath home offers 569 sq. ft. of comfortable, modern living with triple-pane windows, advanced insulation, and high-performance construction that keeps utility bills low and comfort high. The open-concept layout features luxury vinyl plank flooring, a bright living area, and a sleek kitchen complete with quartz countertops and a 6-piece Whirlpool appliance package. Enjoy low-maintenance living just steps from Mahogany’s lake, pathways, shops, and amenities! Photos are representative. More detailsListed by Bode Platform Inc.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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301 1528 11 Avenue SW in Calgary: Sunalta Apartment for sale : MLS®# A2274719
301 1528 11 Avenue SW Calgary T3C 0M9
$277,477Residential- Status:
- Active
- MLS® Num:
- A2274719
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 817 sq. ft.
Discover this sun-soaked, top-floor urban retreat in the heart of Sunalta—just 250 m from the Sunalta LRT and an easy stroll to groceries, restaurants, and downtown. Welcome to The Barcelona, a pet-friendly, professionally managed building with a proactive board and a healthy reserve fund (even a recent operating surplus!). Step inside and feel the pride of ownership. This meticulously maintained 2-bedroom condo has been thoughtfully upgraded with a deep acrylic soaker tub and temperature-controlled Moen faucet/shower, new vinyl plank flooring in the bedrooms, and brand new vinyl windows (installed early 2025). It’s even been professionally cleaned to impress the most discerning buyer. The airy, open-concept layout offers plenty of room to relax and entertain, featuring easy-care ceramic tile flooring, neutral paint tones, knock-down ceilings, gleaming maple cabinetry, and an eye-catching wood-burning fireplace with a reclaimed wood mantle—perfect for cozy evenings in. A spacious primary bedroom, second bedroom, in-suite laundry, and 4-piece bath complete the interior. Step out onto your generously sized south-facing balcony, recently refreshed with a new waterproof membrane, privacy glass, and aluminum railings—ideal for soaking up the sun or taking in the sunset. This well-cared-for building has seen major updates too, including the complete removal of all Poly-B plumbing (2019–2022) and wired for Telus fibre and Shaw/Rogers high-speed internet. Your unit comes with a heated, secure underground parking stall and a large lockable storage shed—big enough for tires, skis, sporting gear, or even a bike. Additional perks include bicycle storage and a main-floor parcel locker for convenience and peace of mind. Both TVs and mounts are included, along with all window coverings—and the seller is happy to leave furnishings for the lucky new owner. This is a rare turn-key opportunity perfect for a young professional, student, or first-time buyer seeking style, comfort, and unbeatable location. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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208 100 Harvest Hills Place NE in Calgary: Harvest Hills Apartment for sale : MLS®# A2274590
208 100 Harvest Hills Place NE Calgary T3K 2N4
$364,900Residential- Status:
- Active
- MLS® Num:
- A2274590
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 833 sq. ft.
Step into comfort, style, and elevated living in this beautiful 2-bed, 2-bath condo in The Rise at The Parks of Harvest Hills. Built by Cedarglen Homes, and lovingly maintained by its original owners, this home stands out with premium upgrades and central AC for year-round comfort. From the moment you arrive, pride of ownership is evident. The welcoming entry leads into a bright, modern kitchen that makes both everyday cooking and hosting feel special. Featuring a large island with seating, quartz countertops, stainless steel appliances, and a stylish chevron tile backsplash that create a high-end look and feel. Plenty of cabinetry and a pantry give you the storage every homeowner wants without sacrificing clean, contemporary design. Luxury vinyl plank flooring runs throughout the main living spaces for durability and a modern finish. In the dining area, the builder-upgraded built-in adds character and practical storage, making entertaining effortless. The spacious living room has the perfect layout for relaxing, movie nights, or hosting game night with friends. Slide open the patio doors to your oversized private balcony. With room to lounge or dine, built-in exterior lighting, and a BBQ gas line ready to go, this becomes an outdoor extension of your home that you will love from morning coffee to summer evenings. The primary bedroom is tucked away on its own side of the home for privacy and peace. There is plenty of space for a king-sized bed and additional furniture, while the walk-in closet features custom built-ins designed to keep life organized. The 4-piece ensuite is bright, fresh, and calming. It feels like your own personal retreat at the end of a long day. Across the unit, the second bedroom offers flexibility for guests, a roommate, a nursery, or the perfect work-from-home office. The adjacent 3-piece bathroom includes a full-size walk-in shower with upgraded fixtures for a sleek and modern finish. Back near the entry, the laundry room truly sets this home apart. Builder-installed upper cabinets and extra shelving ensure everything has a place and stays clutter-free. A luxury rarely found in condo living. This space also doubles as your front closet with plenty of room for shoes and jackets. Your titled underground parking stall is conveniently just steps from the elevator, making grocery runs effortless. An assigned storage locker and secure bike storage are also included on the same lower level, giving you even more room for the things you love. You are perfectly positioned here. Minutes from the airport, close to Deerfoot and Stoney Trail, and a short stroll to restaurants, local shops, Landmark Cinemas, parks, tennis courts, and schools. Convenience and comfort come together seamlessly. Whether you are downsizing, investing, or purchasing your first home, this upgraded condo offers a level of quality and lifestyle that truly stands out. Welcome home to The Rise at The Parks of Harvest Hills. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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301 150 shawnee Square SW in Calgary: Shawnessy Apartment for sale : MLS®# A2274712
301 150 shawnee Square SW Calgary T2Y 0T6
$378,000Residential- Status:
- Active
- MLS® Num:
- A2274712
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 791 sq. ft.
Capture your future in Calgary's dynamic market with this bright, 2-bedroom, 2-bathroom condo, strategically positioned for high-demand rental or turn-key ownership. This is a rare find featuring low condo fees and the added value of Titled Storage, making it a truly smart financial decision. Location is everything, and this property is a commuter's dream, situated just steps from the C-Train station for an effortless commute downtown or across the city. Enjoy the unmatched convenience of the Shawnessy lifestyle, with premier amenities right at your doorstep, including the sprawling Shawnessy Shopping Centre, the Shawnessy YMCA, and direct access to the pathways of Fish Creek Provincial Park. Highly affordable and accessible, this home offers the perfect blend of suburban comfort and urban convenience—a secure investment that checks every box. More detailsListed by Comox Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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506 901 10 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2274818
506 901 10 Avenue SW Calgary T2R 0B5
$485,000Residential- Status:
- Active
- MLS® Num:
- A2274818
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 898 sq. ft.
Welcome to Residence 506 at the iconic Mark on 10th, where elevated urban living meets resort-style sophistication in the heart of Calgary’s Beltline. This rare, nearly 900sqft corner residence features 2 bedrooms, 2 bathrooms, and a full den, offering a modern split-bedroom layout wrapped in floor-to-ceiling glass that floods the home with natural light from two exposures. Designed for both comfort and privacy, the bedrooms sit on opposite sides of the suite. The central living space features bright city views and direct access to a private balcony overlooking the downtown skyline. The upscale kitchen blends functionality with modern design, showcasing integrated built-in appliances, a gas cooktop, pantry-style cabinetry, and a generous island perfect for entertaining. A bright, glass-enclosed den serves as an ideal workspace, surrounded by skyline views for an inspiring work-from-home environment. Additional luxuries include one titled heated underground parking stall, an assigned storage locker, and access to some of the most impressive amenities in the city. Mark on 10th offers a full-time concierge, a tranquil third-floor garden terrace, a state-of-the-art fitness centre, cedar sauna and steam room, a guest suite, and a stunning two-storey rooftop lounge with entertainment areas, workstations, pool table, and a breathtaking rooftop hot tub with panoramic views extending to the Rocky Mountains. Set in one of Calgary’s most walkable neighbourhoods, you are steps from the city’s best dining, cafés, shops, and conveniences including Cactus Club, Safeway, Goodlife Fitness, CO-OP Midtown, 17th Avenue retail district, the Downtown West–Kerby LRT station, the +15 network, and Shaw Millennium Park. This is the ultimate Beltline address for those seeking luxury, convenience, and an amenity-rich lifestyle in a landmark building. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1101 740 Legacy Village Road SE in Calgary: Legacy Apartment for sale : MLS®# A2273354
1101 740 Legacy Village Road SE Calgary T2X 5L2
$325,000Residential- Status:
- Active
- MLS® Num:
- A2273354
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 690 sq. ft.
Welcome to a charming main-floor corner unit nestled in the heart of the Legacy community. This inviting 1-bedroom, 1-bathroom condo offers 690 square feet of comfortable, open-concept living space. The bright and airy layout features a modern kitchen complete with a central island finished with quartz countertops, a spacious pantry, and durable luxury vinyl plank flooring that adds both style and practicality. The living area opens seamlessly to a private balcony—perfect for relaxing or enjoying your morning coffee. The generous bedroom includes a custom closet designed for optimal storage, while the stylish bathroom provides both comfort and convenience. This unit offers exceptional practicality with air conditioning for year-round comfort, a surface parking stall just steps away, and an underground storage locker for added convenience. Located directly across the street from All Saints High School, it’s an excellent choice for a teacher or staff member looking to live close to work, while also appealing to investors, couples, or professionals seeking a low-maintenance lifestyle. Living in Legacy means enjoying a vibrant, master-planned community rich with amenities. Residents can take advantage of beautiful parks, scenic walking and biking paths, and abundant green spaces perfect for outdoor activities. The neighborhood offers convenient shopping and dining options, ensuring day-to-day needs are met with ease. Legacy also hosts community events throughout the year and fosters a warm, welcoming atmosphere that truly sets it apart. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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402 135 Mahogany Parade SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2274731
402 135 Mahogany Parade SE Calgary T3M 2J9
$549,900Residential- Status:
- Active
- MLS® Num:
- A2274731
- Bedrooms:
- 2
- Bathrooms:
- 4
- Floor Area:
- 1,463 sq. ft.
This upgraded Net Zero townhome in ZEN Mahogany delivers modern efficiency, smart design, and a layout that truly lives like a home. The five-level split "Wilbrook floorplan" starts with an attached single garage and practical entry level complete with storage and a handy back door. Up one floor, a bright and airy living room welcomes you with high ceilings, wide windows, and an open connection to the kitchen level above—giving the home an open, energized feel while still keeping each space defined. The kitchen and dining level offers brand-new energy-efficient appliances, sleek quartz counters, a convenient 2-pc bath, and a private balcony perfect for morning coffee or evening downtime. Upstairs, you will find two comfortable bedrooms, each with its own walk-in closet; the primary includes a 4-pc ensuite, while the second bedroom enjoys easy access to another full 4-pc bathroom. Upper-level laundry adds everyday convenience. The professionally finished basement extends your living space with matching flooring and finishes, a generous recreation area, and yet another full 4-pc bathroom—ideal for guests or a flexible retreat. Energy-efficient upgrades such as $25K in solar panels, a heat-pump system that handles both heating and cooling, and increased insulation speak to the focus on energy efficiency to help keep operating costs low while maximizing comfort! Further benefits include window coverings throughout the home plus the convenience of a garburator. 5 floors, 3.5 baths, 2 rooms, and a single garage are just some of the countless benefits of unit 402! Come see just how amazing life in ZEN Mahogany can be! Life in Mahogany is all about having more—more outdoor living, more convenience, and more community spirit. Residents enjoy access to Calgary’s largest freshwater lake, complete with sandy beaches, skating, swimming, paddleboarding, and year-round activities at the Beach Club. The neighbourhood’s extensive pathway system, wetlands, and playgrounds make it easy to stay active, while nearby shops, restaurants, and cafés in Westman Village and the Mahogany Village Market keep everyday needs close to home. With quick access to major roads and a community built around connection and lifestyle, Mahogany offers an unbeatable blend of relaxation, recreation, and urban convenience. More detailsListed by RE/MAX Realty Professionals- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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149 66 Glamis Green SW in Calgary: Glamorgan Row/Townhouse for sale : MLS®# A2274737
149 66 Glamis Green SW Calgary T2E 6V1
$385,000Residential- Status:
- Active
- MLS® Num:
- A2274737
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,159 sq. ft.
Don’t miss out on this tastefully upgraded 2-bedroom plus bonus room, 1.5-bath ground-level 2-story corner unit townhouse—a beautifully updated home that truly stands out! Inspired with a contemporary neutral palette throughout, this property features an impressive list of upgrades. The kitchen has been fully updated with professionally painted Benjamin Moore cabinetry, boxed enclosures to the ceiling, upgraded black fixtures, and newer stainless steel appliances, including a Samsung OTR microwave, French-door refrigerator, and slide-in convection stove. The home also features new luxury vinyl plank flooring throughout, hexagon and French inspired subway tile accents, fresh Benjamin Moore paint, and three stunning feature walls that add warmth and charm. Additional upgrades include new toilets, hardware, lighting, blinds, plantation shutters, and a Phantom screen leading to the main floor deck. A cozy gas fireplace anchors the main living area, creating a warm and inviting space perfect for relaxing or entertaining. Upstairs, you’ll find a stylish renovated bathroom, convenient laundry hookups, two large bedrooms, and a lovely large private deck right off the second bedroom. The bathroom renovation is a must-see—beautifully finished with modern selections and excellent craftsmanship. The fenced yard has been decked so you can enjoy the warmer months in style, easily fitting a patio table & chairs, or a more relaxed conversation set. A small green space with turf for anyone with furry friends. With the best garage in the complex, this unit features a rare 2.5-car heated oversized garage offering ample parking and storage options. The roof, siding, hot water tank, and patio doors have all been recently replaced. Located across from a quiet park, the setting feels peaceful and private while still offering quick access to major roads, including Glenmore, Sarcee, Stoney, and Crowchild Trails. Only 5 minutes to Westhills shopping center, with all major amenities that you would possibly need. This home is perfectly situated with close proximity to North Glenmore Park and Weaselhead Natural Area and 15 minutes to downtown! This exceptional home offers comfort, style, and convenience all in one place. Come and experience it in person and make this your home! More detailsListed by Real Estate Professionals Inc.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated December 11, 2025 at 02:05 AM (UTC)
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Why Buy an Investment Property in Calgary?
- Generate a second source of stable income by renting out the property or turning it into an Air BnB, creating more financial freedom and / or stability
- Build equity and wealth which will grant you more leverage to buy more properties and increase cash flow even more
- Appreciation can help you turn a profit when it’s time to sell
Calgary Multi-Family Investment Properties
Investors often look towards condos and townhomes when browsing for real estate investment opportunities in Calgary. Multi-family properties have much lower maintenance than their single-family counterparts and are more affordable on a comparative basis which means less expenses on things like property tax, landscaping and other associated costs.
One-bedroom condos in Calgary’s city centre with around 500 square feet starting at $1,200 is not uncommon to see. Two-bedroom units usually range from $1,700 and up, although these actual figures vary depending on a number of factors such as building age, community, and square footage.
Find many condo investment opportunities in these popular areas of downtown and the inner city:
- East Village Condos for Sale
- Kensington Condos for Sale
- Eau Claire Condos for Sale
- Downtown Condos for Sale
- Downtown West End Condos for Sale
Townhomes also present an excellent investment opportunity. Suburban units in communities like Evanston, Legacy and Saddle Ridge, for example, offer large square footage and in some cases double-attached garages. These rental properties can command a starting price anywhere from the $1,600 to $1,800 range depending on the features and location of the home.
Inner city townhomes also present a great opportunity for investors as they are in higher demand and command a higher rental price, but the initial capital investment will be larger versus a suburban unit:
Suburban multi-family units are also a sound investment with a much lower initial cost, but also will command a lower rent than their inner city counterparts. Discuss your real estate goals with an experienced Realtor® who will be able to help you make the best decision for your wants and needs as an investor.
Considerations Before Investing in a Rental Property
#1 – Neighbourhood
The community you decide to buy in will determine the type of tenants you attract and the monthly rent you can charge. Buying a property in Calgary near a post-secondary institution, for example, will attract students looking for more affordable prices. A residence in the inner city near a train station would likely attract urban professionals working in the city centre who have more cash flow.
#2 – Walkability
Investment properties in the city centre of Calgary offer much more walkability than similar units in a suburban community. Being able to walk to a restaurant down the street rather than jumping in the car and driving for several minutes adds value to any rental property and will help you command a larger rent.
#3 – Amenities
Once again, amenities relate to the location of your investment property in Calgary. A unit with quick-and-easy access to recreation centres, outdoor parks, public transportation, shopping malls, river pathways and other major amenities will provide the opportunity to ask for a higher rent per month.
#4 – Property Taxes
Investing in Calgary real estate means you’ll have property tax to pay. Just how much is the average annual cost for this in your area, and does the cost make it not a feasible property to buy from a financial standpoint? Consider taxes before making any moves!
#5 – Vacancies and Units Available
Investing in real estate in a saturated market will require you to lower rent to attract tenants. The whole purpose of a second income is to maximize its potential, so consider doing some research on the number of units available within a certain area of the city before buying a property as an investment.
Contact an Investment Property Specialist
Thinking about investing in Calgary real estate? As highly experienced Realtors® in Calgary, we’ve helped many locals and foreigners alike navigate the investment property market and would love to put our knowledge and skillset to work for you.
Contact Cody and Jordan direct anytime at 403.370.4008 to discuss your real estate plans! Get a 100% Free, No-Obligation Evaluation for your property in Calgary today!
We are looking forward to helping you accomplish your real estate goals!
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