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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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393 Walden Parade SE in Calgary: Walden Semi Detached (Half Duplex) for sale : MLS®# A2282063
393 Walden Parade SE Calgary T2X 0Z9 
$568,000Residential- Status:
- Active
- MLS® Num:
- A2282063
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,307 sq. ft.
This move-in-ready corner lot duplex in Walden offers space, style, and functionality in a truly family-friendly community. Sitting on an oversized lot, this home has been meticulously maintained and shows exceptional pride of ownership. The bright and open main floor flows seamlessly from room to room, with a modern kitchen at its heart. The large island with stone countertops provides plenty of space for cooking, entertaining, or casual meals, while built-in mudroom storage keeps daily life organized and clutter-free. A convenient half bath completes the main level, making hosting friends and family effortless. Upstairs, three spacious bedrooms provide comfortable retreats, accompanied by two full bathrooms for convenience and privacy. The fully developed basement adds even more living space, complete with a full bathroom, perfect for a media room, play area, home office, or additional guest space. Outside, enjoy a private yard ideal for summer gatherings, along with a double detached garage and an additional parking pad for extra vehicles or guests. With central air conditioning and a location just steps from parks and schools, this home effortlessly combines comfort, style, and practicality. Every corner of this property reflects care and attention, making it ready for you to move in and enjoy the Walden lifestyle from day one. More detailsListed by RE/MAX Landan Real Estate- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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406 70 Royal Oak Plaza NW in Calgary: Royal Oak Apartment for sale : MLS®# A2281012
406 70 Royal Oak Plaza NW Calgary T3G 0C6
$265,000Residential- Status:
- Active
- MLS® Num:
- A2281012
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 608 sq. ft.
Welcome to this exceptional top-floor one-bedroom, one-bathroom residence in the highly sought-after Red Haus complex. Thoughtfully designed, this home features a modern kitchen complete with stainless steel appliances, granite countertops, and a raised breakfast bar—ideal for casual dining and entertaining. The open-concept layout offers a spacious living area and a bright dining space enhanced by upgraded tile flooring. Step outside to the large private balcony, equipped with a gas line for your BBQ, creating the perfect extension of your living space for relaxing or hosting guests. The generously sized primary bedroom includes a walk-through closet leading to a well-appointed four-piece bathroom. Additional conveniences include in-suite laundry with a full-size front-loading washer and dryer. This unit also comes with titled parking and a titled storage locker, adding both value and practicality. Ideally located within walking distance to shopping, restaurants, and public transit, this home offers outstanding everyday convenience. Residents of Red Haus enjoy exclusive access to the Residence Club, featuring a fully equipped fitness centre and an inviting entertainment area—perfect for an active and social lifestyle. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1137 McKenzie Towne Row SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2281025
1137 McKenzie Towne Row SE Calgary T2Z 1E2 OPEN HOUSE: Jan 31, 202601:00 PM - 04:00 PM MSTOpen House on Saturday, January 31, 2026 1:00PM - 4:00PM Welcome to this bright corner END UNIT townhome in McKenzie Towne featuring two spacious primary bedrooms, each with its own en-suite bathroom and walk-in closet. Enjoy an open-concept main floor filled with natural light, a modern kitchen with quartz countertops and stainless steel appliances, upper-floor laundry, and a double attached garage. Move-in ready and ideally located near schools, shopping, and major roadways.
$469,900Residential- Status:
- Active
- MLS® Num:
- A2281025
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,244 sq. ft.
***OPEN HOUSE Saturday, January 31st (1:00 to 4:00 PM)*** Welcome to this well-appointed corner END UNIT townhome located in the heart of the family-friendly community of McKenzie Towne. Offering a highly desirable layout with TWO PRIMARY BEDROOMS, each complete with its OWN PRIVATE EN-SUITE BATHROOM and walk-in closet, this home is ideal for professionals, roommates, investors, or anyone seeking flexible and comfortable living. The OPEN CONCEPT main floor is bright and inviting, featuring KNOCKED-DOWN CEILINGS, modern LAMINATE flooring, and LARGE windows that fill the space with natural light throughout the day. The kitchen is both stylish and functional, showcasing CEILING-HEIGHT cabinetry, QUARTZ countertops, STAINLESS STEEL appliances, and a mosaic BACKSPLASH, seamlessly flowing into the dining and living areas—perfect for everyday living and effortless entertaining. Upstairs, enjoy the convenience of UPPER-FLOOR LAUNDRY just steps from both bedrooms. The lower level features an unfinished basement, with access to your DOUBLE ATTACHED GARAGE for excellent practicality. The front yard includes a private patio with a GAS LINE for your BBQ. Visitor parking is conveniently located nearby. This home is MOVE-IN-READY and ideally located, close to schools, shopping, walking paths, South Health Campus, with quick access to Stoney Trail and Deerfoot Trail—a SMART opportunity in a well-established Calgary community. Book your private viewing and see firsthand why this townhome stands out. 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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36 Howse Drive NE in Calgary: Livingston Detached for sale : MLS®# A2281682
36 Howse Drive NE Calgary T3P 0V4
$559,000Residential- Status:
- Active
- MLS® Num:
- A2281682
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,549 sq. ft.
Fronting directly onto GREEN SPACE, this MOVE-IN-READY Livingston home offers a private main-floor office, modern finishes, and immediate possession. QUICK POSSESSION AVAILABLE | WALK TO THE LIVINGSTON HUB IN UNDER 10 MINUTES. Set across from a peaceful green space, this move-in ready home in the heart of Livingston delivers modern finishes, a thoughtful family-friendly layout, and everyday convenience in one of Calgary’s fastest-growing communities. The front entry welcomes you into a bright, open main floor where hardwood flooring, large windows, and a functional floor plan create a comfortable setting for daily life. Just off the foyer, a fully enclosed den offers a quiet, dedicated space ideal for working from home, studying, or managing busy schedules. The kitchen is designed with both style and practicality in mind, featuring stainless steel appliances, streamlined cabinetry, a central island with seating, and a walk-in pantry providing excellent storage. Open sightlines connect the kitchen to the dining and living areas, making it easy to entertain or stay connected with family throughout the main level. The living room is filled with natural light from additional windows, creating a warm and inviting atmosphere. A rear mudroom offers a functional transition to the backyard, while a conveniently located powder room completes the main floor. Upstairs, the spacious primary bedroom provides a comfortable retreat with a walk-in closet and a 4-piece ensuite for unwinding at the end of the day. Two additional well-sized bedrooms and a full bathroom complete the upper level, offering flexibility for family members, guests, or hobbies. The unfinished basement presents excellent future potential, with open space ready to be developed to suit your needs while also providing ample storage. Outside, the fully fenced backyard offers grassy space for kids and pets, along with a gravel parking pad already in place for a future double garage. The location truly sets this home apart, with direct views onto green space and easy access to nearby parks, playgrounds, and walking paths. Just a short walk away, the Livingston Hub offers an impressive range of amenities including a gymnasium, indoor basketball courts, skating rink, splash park, skate park, tennis courts, and a seasonal farmer’s market. With over 250 acres of open space throughout the community and quick access to both Stoney and Deerfoot Trails, Livingston offers a connected, active lifestyle with everything close at hand. More detailsListed by LPT Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2220 15 Skyview Point Crescent in Calgary: Skyview Ranch Apartment for sale : MLS®# A2281846
2220 15 Skyview Point Crescent Calgary T3N 2T1
$234,900Residential- Status:
- Active
- MLS® Num:
- A2281846
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 575 sq. ft.
Step into brand-new, move-in-ready luxury in the heart of Skyview Community This bright 1-bedroom, 1-bathroom condo features 9-foot ceilings, expansive windows, and an open-concept layout filled with natural light. The chef-inspired kitchen boasts stainless steel appliances, soft-close cabinetry, a pantry, and a sleek island —perfect for morning coffee, entertaining friends, or working from home. Flow seamlessly into the living area, ideal for relaxing or hosting. Relax in the bedroom and take advantage of the modern 4-piece bathroom featuring quartz countertops and contemporary finishes. Additional highlights include in-suite laundry, designer window coverings, and a private balcony with BBQ gas line, and AC line .The home comes complete with a titled parking stall and storage locker, plus secure bike racks for added convenience. Enjoy low-maintenance living with quick access to shopping, schools, transit, Calgary International Airport, and Stoney Trail. Ideal for first-time buyers, busy professionals, or investors, this turnkey condo lets you move in and start living the lifestyle you’ve been dreaming of! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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304 4160 Norford Avenue NW in Calgary: University District Apartment for sale : MLS®# A2281864
304 4160 Norford Avenue NW Calgary T3B 6L8 OPEN HOUSE: Jan 31, 202612:00 PM - 02:00 PM MSTOpen House on Saturday, January 31, 2026 12:00PM - 2:00PM Please call or text Ali at 587-716-3637 when you arrive, thank you!
$459,900Residential- Status:
- Active
- MLS® Num:
- A2281864
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 699 sq. ft.
*** OPEN HOUSE SATURDAY JANUARY 31st 2026 12-2PM *** Welcome to Capella in University District, a modern, well-built condo in one of Calgary’s most vibrant and walkable NW communities. This 2 bedroom, 2 bathroom home offers a quiet, courtyard-facing setting with a peaceful outlook, while still being just steps from parks, a playground, and the district’s best shops, cafés, restaurants, and everyday conveniences. With quick access to U of C, Alberta Children’s Hospital, Foothills Medical Centre, Market Mall, scenic pathways, and transit, the location delivers unbeatable lifestyle and long-term value. Inside, the open-concept layout is bright and inviting, finished with 9’ knock-down ceilings, triple-pane windows, LED lighting, and durable vinyl plank flooring. The kitchen is designed to impress with quartz countertops, a large quartz island, full-height cabinetry, a tiled backsplash, and a full stainless steel appliance package including a built-in microwave, ideal for cooking, entertaining, or casual mornings at the island. The living and dining areas flow seamlessly and provide excellent functionality for both daily living and hosting. The primary suite offers comfort and privacy with a 4-piece ensuite, while the second bedroom is perfectly positioned near the additional 4-piece bathroom, ideal for guests, roommates, or a dedicated home office. In-suite laundry adds everyday convenience and keeps everything neatly within reach. Step outside to your oversized massive patio complete with a gas line, perfect for summer BBQs, patio furniture, and relaxing evenings. Capella also features a striking lobby, an attractive landscaped courtyard/breezeway, and a fitness centre, adding to the elevated condo lifestyle. Completing the package are titled underground parking and an assigned storage locker. A polished, low-maintenance home in an exceptional location, perfect for professionals, downsizers, or investors looking to be in the heart of University District. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1101 281 Cougar Ridge Drive SW in Calgary: Cougar Ridge Row/Townhouse for sale : MLS®# A2278874
1101 281 Cougar Ridge Drive SW Calgary T3H 0J3
$500,000Residential- Status:
- Active
- MLS® Num:
- A2278874
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,146 sq. ft.
**Open House Saturday February 7th from 11-2pm** Located in the sought-after southwest community of COUGAR RIDGE, this beautifully refreshed BUNGALOW STYLE HOME offers a rare combination of comfort, functionality, and value. With over 1,100 sq. ft. of thoughtfully designed living space, LOW CONDO FEES, and a flexible layout, this home is ideal for professionals, couples, or downsizers seeking low-maintenance living in an established neighbourhood. The main level welcomes you with a bright, open-concept design that was freshly painted throughout in 2024, complemented by UPDATED LIGHT FIXTURES AND MODERN FAUCETS for a clean, contemporary feel. The functional U-SHAPED KITCHEN is both stylish and practical, featuring STONE COUNTERTOPS and STAINLESS STEEL APPLIANCES INSTALLED IN 2024, including a fridge, dishwasher, and over-the-range microwave. The kitchen flows seamlessly into the dining and living areas, creating an inviting space for everyday living or entertaining. SOUTH-FACING WINDOWS flood the home with warm natural light, especially in the evenings, enhancing the cozy yet open atmosphere. This well-appointed home includes TWO GENEROUSLY SIZED BEDROOMS and TWO FULL BATHROOMS, offering privacy and convenience for homeowners and guests alike. NEW HOT WATER TANK (2024) adds peace of mind and contributes to the home’s move-in-ready appeal. Downstairs, the UNFINISHED BASEMENT provides excellent future potential—perfect for a home office, fitness space, media room, or additional living area tailored to your lifestyle. The layout offers flexibility rarely found in bungalow living, making it easy to host guests, work from home, or simply enjoy a quieter pace without sacrificing space. The property is well maintained, allowing new owners to move in with confidence while still offering opportunities to personalize. Ideally situated near Bow Trail, 85th Street, and with quick access to Stoney Trail, this location offers excellent connectivity to downtown Calgary, major commuter routes, shopping, dining, and everyday amenities. Surrounded by parks, pathways, and the natural beauty Cougar Ridge is known for, residents enjoy a balanced lifestyle that blends convenience with community charm. Move-in ready and full of potential, 1101, 281 Cougar Ridge Drive SW is an exceptional opportunity to enjoy comfortable, low-maintenance living in one of Calgary’s most desirable southwest neighbourhoods. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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201 Harvest Creek Close NE in Calgary: Harvest Hills Detached for sale : MLS®# A2279630
201 Harvest Creek Close NE Calgary T3K 4P6
$585,000Residential- Status:
- Active
- MLS® Num:
- A2279630
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,347 sq. ft.
Welcome to this beautifully updated, spotless, 3-bedroom, 2.5-bath family home located on a corner lot in the desirable community of Harvest Hills, with the added bonus of NO sidewalks (on the side) to shovel. Offering fantastic curb appeal, the home features brand new siding, roof, soffits, fascia, and a new garage door on the double detached garage. Step inside from the front deck into a spacious foyer with abundant storage and a conveniently tucked-away main floor powder room. The contemporary open-concept layout showcases a stylish kitchen with new white cabinetry that flows seamlessly into the living room and dining area, where large south-facing windows fill the space with natural light. A sit up breakfast bar is perfect for entertaining! A french door off the dining room leads to the expansive deck and beautifully fenced, landscaped backyard, creating an incredible extension of living space perfect for summer enjoyment. Upstairs, you’ll find three generously sized bedrooms with ample closet spaces, and a four piece bathroom. The fully developed basement offers even more living space with a large family recreation room, full bathroom, and laundry area. A fourth bedroom could be easily added to the large, open space. Thoughtfully upgraded throughout and truly move-in ready, this home is an exceptional and rare find in a welcoming community close to major roadways, shopping, and amenities. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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301 305 25 Avenue SW in Calgary: Mission Apartment for sale : MLS®# A2281350
301 305 25 Avenue SW Calgary T2S 0L8
$394,900Residential- Status:
- Active
- MLS® Num:
- A2281350
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,377 sq. ft.
Welcome to Howsyth Court, the hidden gem of Mission, one of Calgary’s most vibrant and sought after inner-city communities. This top floor corner unit offers an exceptional layout with 2 bedrooms, 2 bathrooms, plus a spacious DEN that can easily function as a third bedroom or home office. Completely refreshed with all new granite countertops and updated hardware in both the kitchen and bathrooms, this home also features new kitchen cabinets, luxury fixtures throughout, and a custom closet organizer in the primary walk-in closet, elevating both style and functionality. With south exposure, this unit is flooded with natural light all day long, creating a bright and airy atmosphere. An additional east-facing window in the kitchen adds even more sunshine to the heart of the home. At an impressive 1,377 sq. ft., this is a rare find for condo living, offering space that truly feels like a home. The expansive primary bedroom includes a walk-in closet, a full 4-piece ensuite, and access to its own oversized private balcony. The kitchen provides ample storage, a built-in breakfast island, and now shines with its brand-new cabinetry and premium finishes. The living area flows seamlessly into the large den, ideal for flexible living. In-suite laundry with extra storage adds everyday convenience. Step outside and enjoy the unbeatable location, just moments from the Elbow River, scenic parks, 4th Avenue amenities, cafés, shops, restaurants, grocery stores, river pathways, the Stampede Grounds, and LRT station. The tennis courts ensure your view from the two massive balconies remains open and unobstructed. Complete with one heated underground parking stall, this beautifully upgraded condo delivers the perfect blend of space, luxury, and location. This is truly the ultimate inner-city lifestyle. More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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614 Greenbriar Common NW in Calgary: Greenwood/Greenbriar Row/Townhouse for sale : MLS®# A2281393
614 Greenbriar Common NW Calgary T3B 6J2 OPEN HOUSE: Jan 31, 202601:00 PM - 03:00 PM MSTOpen House on Saturday, January 31, 2026 1:00PM - 3:00PM
$599,000Residential- Status:
- Active
- MLS® Num:
- A2281393
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,519 sq. ft.
Welcome to 614 Greenbriar Common NW – a quality-built Calla model townhouse by Landmark Homes, located in the vibrant master-planned community of Greenwich. Built in 2020, this 4-bedroom, 3.5-bath home offers over 1,500 sq. ft. of thoughtfully designed living space across three levels. The entry-level features a private fourth bedroom with its own ensuite—ideal for guests, a home office, or multi-generational living. Just off the attached two-car garage, a convenient mudroom/entry makes daily life easy and organized. Upstairs on the main (second) floor, you'll find a bright, spacious open-concept layout combining the kitchen, living, and dining areas—perfect for both relaxing and entertaining. The modern kitchen includes a large island with seating for four, quartz countertops, and 9’ ceilings, which continue throughout the home. A powder room and separate laundry room on the main level add to the functionality of the space. Abundant natural light flows in through large windows and glass doors that lead to balconies on both the front and north-facing sides. Enjoy expansive, unobstructed views over the river valley toward northwest Calgary. The top level includes three generously sized bedrooms, including a primary suite with a walk-in closet and ensuite featuring a large shower. A four-piece main bath serves the other two bedrooms. This townhouse is tucked away at the back of the community, offering peace and quiet, yet remains close to everything. Just steps away is Canada Olympic Park for skiing and recreation, and nearby you'll find shopping, restaurants, and coffee shops. The new Calgary Farmers’ Market West, boutique retail, and dining options are all within walking distance. Commuters will appreciate quick access to 16th Ave NW/Hwy 1, providing a straight route downtown to the east or westward to the Rocky Mountains, Banff, and Canmore. Proximity to Foothills Hospital, Children’s Hospital, and the University of Calgary adds even more convenience. Other highlights include walking distance from the off leash dog area, energy-efficient heating, air conditioning, and triple-pane windows for year-round comfort. The home is in excellent condition and still covered by some of the AB home warranty program. Ideal for families or investors seeking a four-bedroom layout with attached garage parking. Don’t miss your chance to own this well-located home in a growing, lifestyle-rich community. Book your showing today! More detailsListed by Century 21 Bamber Realty LTD.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3 123 13 Avenue NE in Calgary: Crescent Heights Row/Townhouse for sale : MLS®# A2281681
3 123 13 Avenue NE Calgary T2E 1B5
$450,000Residential- Status:
- Active
- MLS® Num:
- A2281681
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 886 sq. ft.
SPACIOUS BUNGALOW townhouse in the heart of Crescent Heights with illegal suite—offering nearly 1,600 square feet of living space over two levels designed with comfort and functionality in mind. Inside you’ll find three generous bedrooms, two full bathrooms, and ample storage throughout. The living space on the main level has just been freshly repainted in neutral tones and boasts a welcoming living room with a cozy gas fireplace and patio doors that lead out to your private outdoor space overlooking a secluded courtyard with beautiful flower boxes. The kitchen offers a practical layout with a west-facing window above the sink, and an upgraded dishwasher. The bright lower level, filled with oversized windows, offers incredible versatility with an ILLEGAL SUITE that includes a kitchenette, expansive rec room, huge bedroom, and shared laundry. The furnace was replaced in 2021 and the exterior of the building was recently painted, providing added peace of mind. Perfectly located in a pet-friendly complex (with board approval), this home is within walking distance to Rotary Park, tennis courts, grocery stores, restaurants, shops, and even downtown—making it ideal for both convenience and lifestyle. Floor plans and a 3D tour are readily available, providing a glimpse into this stylish townhome! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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131 Coral Springs Circle NE in Calgary: Coral Springs Detached for sale : MLS®# A2281693
131 Coral Springs Circle NE Calgary T3J 3P5
$599,990Residential- Status:
- Active
- MLS® Num:
- A2281693
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,486 sq. ft.
Nestled in the vibrant and family friendly community of Coral Springs, this beautifully presented two story home offers a perfect blend of modern comfort and convenience across approximately 1,486 sq ft of well designed living space. The main floor welcomes you with a spacious living room (with new carpet) flowing into a formal dining area, complemented by a bright, functional kitchen ideal for daily living and entertaining. A convenient 2 piece bath, welcoming foyer, and generous attached double garage complete this level. Upstairs, discover a tranquil primary bedroom featuring a walk in closet and a private 3 piece ensuite. Two additional comfortable bedrooms and a well-appointed 4 piece main bathroom ensure space for everyone, while a dedicated laundry closet adds practicality. Step outside to your private, low maintenance backyard, a fully landscaped retreat perfect for relaxation, gardening, or summer gatherings. The location is truly exceptional, offering a wealth of amenities just moments from your door. Enjoy leisurely walks around the community lake, picnics in nearby parks, and access to playgrounds and tennis courts. Top-rated schools and convenient shopping are also within easy reach, making this an ideal home for families. This is a turn key property in a prime location, ready to welcome you home More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated January 28, 2026 at 08:05 PM (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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