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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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54 Cranford Bay SE in Calgary: Cranston Detached for sale : MLS®# A2282223
54 Cranford Bay SE Calgary T3M 2C6 OPEN HOUSE: Feb 01, 202601:00 PM - 04:00 PM MSTOpen House on Sunday, February 1, 2026 1:00PM - 4:00PM
$579,000Residential- Status:
- Active
- MLS® Num:
- A2282223
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,605 sq. ft.
**OPEN HOUSE SUNDAY 1.00PM-4.00PM** Welcome to 54 Cranford Bay, a charming family home perfectly positioned in a quiet cul-de-sac in one of Calgary’s most well planned communities. Step outside your front door and a few minute of walk brings you to a stunning escarpment with beautiful views, leading to the river. Take a stroll along the ridge and you'll immediately get a sense of Cranston's outdoor splendor. Inside, the home’s bright, open-concept main floor is designed for modern family living, featuring seamless flow between the kitchen, dining, and living areas—along with a helical staircase adding that charm to the space.. The kitchen is upgraded with granite countertops having rounded edges, maple cabinetry in shaker design and built-in pantry. Upstairs, discover three spacious bedrooms, including a big primary suite with a five-piece ensuite bath, alongside a second four-piece bathroom. A skylight to brighten up the hallways and matching finishes throughout—including maple cabinetry and granite countertops—create a cohesive, elevated feel that blends style with everyday function. The spacious basement is partially finished and awaiting your ideas to develop it further. Outside, a spacious backyard is ready for your personal touch—perfect for enjoying long summer evenings or gathering with family and friends. The double garage adds year-round parking and additional storage. Quick access to Seton’s huge shopping, restaurants, YMCA, and the South Health Campus—all just minutes away. If you’ve been searching for the perfect balance of tranquility and community, this house delivers the best of it in Cranston — where every day feels like a getaway. More detailsListed by URBAN-REALTY.ca- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2804 1320 1 Street SE in Calgary: Beltline Apartment for sale : MLS®# A2282502
2804 1320 1 Street SE Calgary T2G 0G8 OPEN HOUSE: Jan 31, 202602:00 PM - 04:00 PM MSTOpen House on Saturday, January 31, 2026 2:00PM - 4:00PMOPEN HOUSE: Feb 01, 202602:00 PM - 04:00 PM MSTOpen House on Sunday, February 1, 2026 2:00PM - 4:00PM
$439,900Residential- Status:
- Active
- MLS® Num:
- A2282502
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 800 sq. ft.
PUBLIC OPEN HOUSE Sat & Sun, the 31st of January & the 1st of February 2-4.00p.m.***Welcome to 2804, 1320-1 Str. S.E, a remarkable apartment that defines the pinnacle of urban living. This luxurious property spans 800 square feet (838 Builders size) and offers 2 spacious bedrooms and 2 well-appointed bathrooms, providing the perfect blend of style, comfort, and convenience. The moment you step inside, you'll be enveloped in an open and expansive floor plan, accentuated by high ceilings. Sunlight pours in through the large windows, creating a bright and inviting space that offers panoramic views of the city skyline, the majestic mountains, and the serene river. The kitchen is a chef's dream, equipped with stainless steel appliances and sleek spacious countertops, ready to turn your culinary aspirations into reality. It's not just a kitchen; it's a canvas for your culinary creativity, whether you're whipping up a quick meal or hosting a dinner party. The convenience of a dedicated laundry room adds to the property's appeal, making daily chores a breeze. This apartment is move-in ready, designed with your comfort and convenience in mind, allowing you to enjoy a hassle-free lifestyle. In terms of location, you'll find an array of dining options right at your doorstep, ensuring you can savor a variety of culinary delights. Public transportation is easily accessible, streamlining your daily commute. In the building, a fitness center offers the ideal spot to maintain an active and healthy lifestyle. When you're ready for entertainment, the neighborhood comes to life with numerous nightlife options, providing a wide array of choices for your leisure. For those moments when you seek a peaceful retreat, the nearby parks offer a perfect escape, allowing you to connect with nature and recharge. Imagine starting your day with a cup of coffee or winding down with a glass of wine while taking in the breathtaking views of the city skyline, mountains, and river from your large balcony. It's a visual feast that will never cease to inspire and captivate. 2804, 1320-1 Str. S.E. offers an unparalleled urban living experience. With its expansive layout, abundant natural light, and stunning vistas, it's more than just an apartment; it's an urban sanctuary. It comes with an underground, titled parking stall and assigned storage locker. Don't miss this exceptional opportunity – contact us today to arrange a viewing and make this dynamic, modern property your new home. Elevate your lifestyle and seize the chance to live in the heart of the city, where comfort and convenience meet sophistication and style. More detailsListed by Grand Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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84 Sherwood Row NW in Calgary: Sherwood Row/Townhouse for sale : MLS®# A2282792
84 Sherwood Row NW Calgary T3R 0X1
$415,000Residential- Status:
- Active
- MLS® Num:
- A2282792
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,302 sq. ft.
Welcome to 84 Sherwood Row NW! Nestled in the heart of the family friendly Sherwood community, this beautiful townhouse offers unbeatable convenience, just minutes from public transit, Costco, Beacon Hill Shopping Centre, Sage Hill Quarter, and a wide range of other amenities. Schools, parks, and playgrounds are within walking distance, and you'll enjoy quick access to Shaganappi Trail NW and Stoney Trail NW. Built by Avi Urban, this move-in-ready home features a modern and elegant design with an open-concept layout, 9-ft ceilings, and pristine laminate flooring throughout the main level. The thoughtfully designed two-storey layout includes double master bedroom suites, perfect for young families or couples. The kitchen is equipped with quartz countertops, stainless steel appliances, a cozy breakfast nook, and a brand new dishwasher. Large windows in the living area flood the space with natural light, creating a warm and inviting atmosphere. Enjoy your morning coffee or evening breeze on the southwest-facing balcony. Additional features include upstairs laundry for added convenience, a double attached tandem garage, and visitor parking in the complex. With low condo fees and maintenance-free living, this home offers exceptional value in a vibrant neighborhood. Don't miss your chance, book your showing today and fall in love with 84 Sherwood Row NW! More detailsListed by Everest Realty and Property Management Corp.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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306 1712 38 Street SE in Calgary: Forest Lawn Apartment for sale : MLS®# A2281804
306 1712 38 Street SE Calgary T2X 3H3
$160,000Residential- Status:
- Active
- MLS® Num:
- A2281804
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 801 sq. ft.
Extensively renovated and move-in ready! This bright 2 bedroom unit offers secure underground heated parking, in-suite laundry with storage, a modern kitchen with floor-to-ceiling cabinetry and a cozy living room with fireplace and balcony access. Spacious primary bedroom, secondary bedroom, updated 4-piece bath and great building amenities including secure mailroom and additional laundry. Just one block from 17th Ave transit, shopping and dining! More detailsListed by Century 21 Bravo Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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152 New Brighton Grove SE in Calgary: New Brighton Detached for sale : MLS®# A2282754
152 New Brighton Grove SE Calgary T2Z 1G1 OPEN HOUSE: Jan 31, 202612:30 AM - 03:00 PM MSTOpen House on Saturday, January 31, 2026 12:30AM - 3:00PM
$579,900Residential- Status:
- Active
- MLS® Num:
- A2282754
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,515 sq. ft.
Open House 12:30-3PM, Saturday, January 31, 2026. Welcome Home to New Brighton! This charming open-concept home is tucked away on a quiet street, offering privacy while still being highly accessible. With a double detached garage and a long list of recent upgrades, this property is move-in ready and perfect for families. The home features a brand new water tank and central A/C installed in 2024, along with fresh paint, new carpet on the stairs and upper floor, and new blinds in 2025. A larger deck was also added in 2025, providing seamless access from the garage to the back entrance. The main floor welcomes you with hardwood flooring that flows through the living, dining, and kitchen areas. The living room is highlighted by a stunning stone feature wall with an electric fireplace and large windows that fill the space with natural light. The dining area is spacious and open to the kitchen, which features a cabinet peninsula with a breakfast bar and a convenient side mudroom. Upstairs, the primary bedroom offers a generous walk-in closet and ensuite bath, while two additional bedrooms and a second full bathroom complete the level. The fully developed basement adds even more living space with a versatile family room and an additional four-piece bathroom, making it ideal for guests or a home office. The south east-facing backyard is perfect for outdoor living, with a large deck and plenty of space for relaxing or entertaining. With its excellent location close to schools, New Brighton Athletic Park, and the shops and restaurants of 130th Avenue, this home has everything you’ve been looking for in an established and family-friendly community. Please click the Virtual Tours for more detail! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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330 Marquis Lane SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2278206
330 Marquis Lane SE Calgary T3M 2G6
$429,000Residential- Status:
- Active
- MLS® Num:
- A2278206
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,259 sq. ft.
Welcome to lake living in the award-winning community of Mahogany! This popular-designed 2-bedroom, 2.5-bathroom townhouse is perfect for first-time buyers or young families looking to enjoy the benefits of LAKE COMMUNITY living at an accessible price point. LOW CONDO FEES and a well managed complex provide peace of mind so you can truly enjoy your home. You’ll love the 9ft ceiling height and well planned layout, featuring a popular dual primary bedroom design, each with its own private ensuite and spacious closet. The OPEN CONCEPT main floor offers an oversized kitchen with extended QUARTZ COUNTERTOP and sleek STAINLESS STEEL APPLIANCES. Your generous dining area overlooks the large back balcony. The DOUBLE TANDEM ATTACHED garage and driveway provide plenty of parking and storage. CENTRAL AIR CONDITIONING will keep you cool in the warm summer months. All of this within walking distance to Mahogany’s amazing amenities and numerous family-friendly outdoor spaces. Including a 63-acre lake, two private sandy beaches, a 22,000 sq.ft. members-only Beach Club, 22 km of pathways, 265 acres of green spaces, and several parks and playgrounds. You’ll also love the convenience of nearby schools, shopping, restaurants and access to Deerfoot and Stoney Trail for a stress free commute. Don't miss the opportunity to own in this beautiful community! Call 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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317 615 6 Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2281946
317 615 6 Avenue SE Calgary T2G 1S2
$340,000Residential- Status:
- Active
- MLS® Num:
- A2281946
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 717 sq. ft.
Welcome to Verve – a high quality building by FRAM and Slokker, offering unmatched value and an array of top-notch building amenities. This immaculate 2 bedroom, 2 full bathroom condo offers an ideal floorplan, with flexibility to have multiple work-from-home spaces or easily accommodate having a roommate. Designed by the award winning international designer, Cecconi Simone, the floorplan is flawless, being very functional and efficient with clean and modern finishes. Upon entering the unit, you are greeted by a spacious foyer with room for a bench or shoe rack as well as a full-sized front closet. Further down the entry way, there is the perfect nook for an office desk or additional storage. The European-styled kitchen features sleek cabinetry, built-in appliances, custom-designed pendant lighting and a smart eat-in island that fits four. The kitchen is fitted with quartz countertops, a stainless steel under-mount sink with a pull-out faucet, mosaic tiled backsplash and under-cabinet led lighting. With bedrooms and bathrooms on opposite sides, privacy is maximized. The closets have been finished with custom closet organizers, providing plenty of storage. The modern bathrooms come with custom cabinetry, beautiful lighting, a luxurious soaker tub and a spacious shower with a glass enclosure. Floor to ceiling windows span the living room which opens up to an oversized balcony, encompassing a seamless blend of indoor/outdoor enjoyment. The unit is completed with in-suite laundry, a spacious titled parking stall and a storage locker. Residents of Verve enjoy full-time concierge services, a boutique hotel-feel lobby, plenty of visitor parking stalls and multiple secured bike rooms. Upscale amenities include a fully equipped gym and the sixth-floor lounge with a kitchen, comfy couches, fireplace, original artwork and outdoor terrace. The 25th floor rooftop patio is stunning, providing the perfect spot for taking in the city’s incredible views. East Village is one of Calgary’s most vibrant and walkable neighbourhoods – steps to river pathways, parks, St. Patrick’s Island, grocery stores, cafes at your doorsteps and delicious restaurants right around the corner. Take advantage of the easy commuting with the close c-train in the free-fare downtown zone. Fall in love with East Village and begin your next chapter here. More detailsListed by REMAX Innovations- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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108 Lynnbrook Bay SE in Calgary: Ogden Detached for sale : MLS®# A2282297
108 Lynnbrook Bay SE Calgary T2C 1S7
$575,000Residential- Status:
- Active
- MLS® Num:
- A2282297
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 974 sq. ft.
Welcome to life by the ridge in the upper part of Lynnwood, set on a quiet cul-de-sac in a family-friendly neighborhood. Situated on a huge pie-shaped lot, this home offers over 1,900 sq. ft. of living space and is just steps from city views and the beautiful river ridge. Over the years, the home has seen extensive and thoughtful upgrades including a complete professional kitchen renovation in 2015 which included removing the wall between the living room and kitchen, creating an open and functional layout. The fully updated kitchen features soft-close cabinetry throughout, touch-activated garbage and recycling drawers, and a custom built-in bench with storage drawers. The living room features large bright windows and a beautiful gas fireplace. The upstairs bathroom was fully renovated in 2020 and includes heated floors, walnut cabinetry, Italian tile, and a Duravit toilet with heated seat, built-in bidet function, heated water line, and heated fan, all controlled by remote and app. Completing the main floor you have both the spacious primary bedroom and one additional bedroom. The basement was renovated in 2023 and features three more additional bedrooms, another full bathroom and a generous utility, laundry, and storage area. Outside, the yard includes garden space and sheds with plenty of potential for a double garage. Ample parking available in the large driveway and cul-de-sac location. Most windows were replaced in 2016, with the exception of those in the office and utility room. A new, larger-than-average high-efficiency water heater was also installed at that time. The attic was completely spray foamed and sealed in 2024 for improved efficiency. Kids can walk to school, the community swimming pool, parks, and nearby shops, with public transit close by and quick access to major roads and downtown. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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305 1033 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2282510
305 1033 15 Avenue SW Calgary T2R 0S5
$199,999Residential- Status:
- Active
- MLS® Num:
- A2282510
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 676 sq. ft.
Welcome to Wild Rose Manor, perfectly positioned in the heart of Calgary’s lively Beltline. This concrete construction one-bedroom, one-bathroom condo offers a smart layout, comfortable living space, and an unbeatable inner-city location. The open-concept living and dining area is filled with natural light from large windows, creating a bright and welcoming atmosphere. The living room provides a cozy place to unwind, while the dining space sits conveniently off the kitchen, making it ideal for both everyday meals and entertaining. The kitchen is designed for efficiency, featuring generous counter space and a functional layout. The spacious bedroom offers a peaceful retreat, located next to a well-maintained four-piece bathroom. One of the standout features of this home is the south-facing balcony, which runs the full length of the unit looking onto mature trees and great views—perfect for enjoying sunny mornings, evening sunsets, or simply relaxing outdoors. Generous four piece bathroom has been updated with a deep soaker tub and updated shower head. Additional conveniences include an assigned parking stall, in unit storage as well as a large separate storage locker and coin-operated laundry located just steps from the unit only shared with a few units. Exceptional privacy with no direct sightlines from neighbouring units. The pet-friendly building allows both dogs and cats with board approval. Condo fees include heat, water, and sewer, providing excellent value. Located just two blocks from 17th Avenue, you’ll enjoy easy access to cafes, restaurants, shops, and nightlife. The Saddledome, MNP Community & Sport Centre, downtown core, transit, and major roadways are all minutes away, making this an ideal home for professionals or anyone seeking a walkable urban lifestyle. Book your showing today! More detailsListed by REMAX Innovations- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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9021 46 Street NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2282538
9021 46 Street NE Calgary T3J 0Y9
$540,000Residential- Status:
- Active
- MLS® Num:
- A2282538
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,317 sq. ft.
Welcome to 9021 46 St NE in the heart of Savanna. Fully finished with a detached 2 car garage with no condo fees does not get any better than this. This house is very well loved and has been extensively updated, enhancing it’s modern aesthetics and living comforts. 4 total bedrooms with 3.5 bathrooms, large windows, high ceilings, all vinyl and tile flooring, open layout makes this the ideal home for your growing family. One owner since built. Updates since buying from the builder include a fully finished and professionally built basement, Hot tub (2023 - costs $12K), A/C (2021), waterfall stone kitchen island, countertops & backsplash, 2-tone modern kitchen cabinetry, smart fridge with digital and internet connected display (costs $4500). The fully fenced private backyard with a hot tub, a large deck under a massive gazebo, and minimal landscaping yard is perfect for entertaining your family and friends. If you are looking in this area you will know the extensive amenities this beautiful community offers. There is a bus stop 1 block away to take you to the airport which is also just a few minutes drive away. Across the street is bus stop #54, dental clinic, pharmacy, restaurants, physio clinic, barber shop to name a few. Costco by Métis Trail to be built in 2026. Stoney Trail and Deerfoot are mins away. 10 mins drive to Crossiron Mills. 10 mins drive to Peter Lougheed bHospital. Only within 2 kilometers are several daycares, a couple of Montessori schools, Peter Lougheed school, Gobind Sarvar High School. 2.2 km to the nearest Saddletown CTrain station. It is not hard to see why many families love living here. “It is near everything!” Says the owners who have enjoyed the convenience of living here. They have truly updated and renovated this house to fully enjoy, not just to live in, making it not your standard build anymore. Don’t miss your chance to be the next proud owner of this move-in ready house. 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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6331 Falton Road NE in Calgary: Falconridge Detached for sale : MLS®# A2282561
6331 Falton Road NE Calgary T3J 1J4
$549,900Residential- Status:
- Active
- MLS® Num:
- A2282561
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,111 sq. ft.
Welcome to this beautifully maintained 4-bedroom4 level split in the heart of Falconridge! Offering a functional layout and thoughtful upgrades, this home is perfect for families, investors, or anyone looking for space and comfort in Calgary’s desirable NE. The bright main level features hardwood flooring, a spacious living room filled with natural light, and a well-appointed kitchen complete with an island, ample cabinetry, and a generous dining area—ideal for everyday living and entertaining. Convenient main floor laundry adds to the home’s practicality. Stay comfortable year-round with central air conditioning. Upstairs you’ll find two well-sized bedrooms, and an updated 4pc bathroom. The lower level offers two additional bedroom & a 3pc bathroom. The fully developed basement contains a large rec room—perfect for movie nights, a play area, or a home office setup. Plenty of storage space is available in the basement as well! The exterior boasts durable Hardie board siding and a double detached heated & insulated garage, providing both curb appeal and long-term value. Backyard is spacious, and contains a storage shed & a carport, which can also accommodate RV parking! Located close to schools, parks, shopping, and transit, this home delivers space, functionality, and an unbeatable location. Book your showing today! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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518 850 Belmont Drive SW in Calgary: Belmont Row/Townhouse for sale : MLS®# A2282618
518 850 Belmont Drive SW Calgary T2X 4A5
$424,900Residential- Status:
- Active
- MLS® Num:
- A2282618
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,200 sq. ft.
Welcome to #518, 850 Belmont Drive SW—a modern three-storey townhome offering smart design, quality finishes, and immediate possession in the growing community of Belmont. Built in 2023, this well-planned home provides 1,200 sq. ft. of above-grade living space plus a fully finished walk-out basement with a large flex room—ideal for a home office, gym, or media area. The open-concept main floor is finished with durable vinyl plank flooring and features a contemporary kitchen with stone countertops, stainless steel appliances, and a breakfast bar, flowing seamlessly into the living and dining areas. A convenient 2-piece powder room completes this level. Upstairs, both bedrooms include private ensuite bathrooms, offering excellent separation and functionality, while upper-level laundry adds everyday convenience. Enjoy east-facing morning light from the private balcony, complete with a gas line for your BBQ. Practicality continues with a single attached garage plus driveway parking for two vehicles. Set within a professionally managed condo, this low-maintenance home is close to schools, shopping, sidewalks, and future amenities, with quick access to major routes and South Calgary destinations. An excellent opportunity for first-time buyers, downsizers, or investors seeking a turnkey property in a rapidly growing neighbourhood. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated January 31, 2026 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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