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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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37 Auburn Bay View SE in Calgary: Auburn Bay Detached for sale : MLS®# A2284016
37 Auburn Bay View SE Calgary T3M 0C8 
$555,000Residential- Status:
- Active
- MLS® Num:
- A2284016
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,461 sq. ft.
This is a home that stands out quietly, offering warmth, personality, and a layout that truly works for everyday life, all set within one of Calgary’s most sought-after lake communities. Located in Auburn Bay, this two-storey home offers the rare combination of thoughtful updates and exclusive access to Auburn Bay Lake, giving residents year-round enjoyment of the beach, skating, paddleboarding, and community events that make lake living so appealing. From the moment you step inside, the home feels welcoming and intentional. A spacious front foyer opens into a cozy main living area anchored by a fireplace, creating a comfortable space to unwind or gather with friends. Just a few steps up, the kitchen and dining area flow naturally together, offering a functional layout that balances daily living with the ability to host with ease. Recent updates including new main floor flooring give the space a clean, refreshed feel while maintaining the warmth and personality of the home. A convenient mudroom and half bathroom complete the main level and connect seamlessly to the backyard. Upstairs, the layout is both smart and rare, featuring two full primary bedrooms, each with its own ensuite bathroom and walk-in closet. Whether for shared living, guests, or simply enjoying the flexibility of dual primary suites, this design offers a level of privacy and comfort that’s increasingly hard to find. Outside, the property offers a good-sized yard with flexibility for outdoor living or future personalization, complemented by a detached double garage. The home’s roof shingles were replaced in 2024, adding peace of mind. Beyond the home itself, the location truly elevates the lifestyle. Living in Auburn Bay means exclusive lake access along with close proximity to schools, parks, shopping, restaurants, and major roadways, making daily errands and commuting easy while still enjoying a strong sense of community. This is a home with personality, thoughtful updates, and a layout that adapts to how people actually live, all set within one of Calgary’s most desirable neighbourhoods. More detailsListed by REAL BROKER- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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203 510 Edmonton Trail in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2284467
203 510 Edmonton Trail Calgary T2E 3H1
$365,000Residential- Status:
- Active
- MLS® Num:
- A2284467
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 753 sq. ft.
COME TAKE A LOOK AT THIS Stylish 2 bedroom plus den, 2 bathroom condo in the heart of vibrant Bridgeland, offering the perfect blend of modern living and urban convenience. One of the largest floor plans in the building, this spacious unit is ideal for first-time buyers, professionals, or investors alike. Step inside to discover sleek engineered hardwood flooring and a bright open-concept layout that seamlessly connects the kitchen and living areas. The contemporary kitchen is both functional and elegant, featuring stainless steel appliances, a gas stove, quartz countertops, and ample cabinetry—perfect for everyday living and entertaining. Oversized windows flood the space with natural light. The primary bedroom is a private retreat complete with a 3-piece ensuite and generous closet space. The second bedroom offers excellent flexibility for guests, a roommate, or a home office, while the front den provides an ideal workspace, creative area, or additional storage. Enjoy outdoor living on the spacious balcony, perfect for relaxing or entertaining while soaking in the city atmosphere. Additional features include a 4-piece main bathroom, in-suite laundry, heated underground titled parking, an assigned storage locker, bike storage, and access to a fitness centre and beautifully designed communal courtyard. Located just minutes from downtown Calgary and within walking distance to Bridgeland’s popular shops, cafés, and restaurants, with quick access to Memorial Drive for easy commuting. This exceptional condo offers everything you need for a modern, connected lifestyle. Don’t miss out—book your private showing today! More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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368 Redstone Drive NE in Calgary: Redstone Semi Detached (Half Duplex) for sale : MLS®# A2284167
368 Redstone Drive NE Calgary T3N 0R1
$519,900Residential- Status:
- Active
- MLS® Num:
- A2284167
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,575 sq. ft.
This charming half-duplex offers a bright, open-concept layout featuring 9-foot ceilings and generous living spaces filled with natural light from large windows—creating a warm and inviting atmosphere perfect for families. Enjoy abundant storage throughout, including a spacious laundry/utility room in the basement and a large walk-in closet in the primary bedroom to help keep your home organized and clutter-free. Step outside to a sizable deck, ideal for summer barbecues and outdoor gatherings, along with a rear parking pad for added convenience. Located just minutes from the Calgary International Airport, CrossIron Mills, Gold’s Gym, and with easy access to Stoney Trail, this home is perfectly situated for commuters, travelers, and active lifestyles alike. Plus, you'll find countless amenities close by to simplify your daily routine. Don’t miss your chance to own this move-in-ready gem—book your private 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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44 Erin Croft Green SE in Calgary: Erin Woods Detached for sale : MLS®# A2284465
44 Erin Croft Green SE Calgary T2B 2V2
$415,000Residential- Status:
- Active
- MLS® Num:
- A2284465
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,102 sq. ft.
Welcome to 44 Erin Croft Green SE, a well-maintained home on a quiet street in Erin Woods, close to schools, parks, shopping, and transit. This property offers comfortable living with a functional layout and plenty of charm. Key updates include a new asphalt roof with a 10-year warranty (2025), front and back stonework (approx. 15 and 5 years), a new backyard door, screen door, and framing (last year), a furnace and water tank (~2020), attic insulation (~2020), and an upstairs sink replaced in 2025. Some dates are approximate. Don’t miss the opportunity to own a solid home with important updates already done, book your showing today! More detailsListed by URBAN-REALTY.ca- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3229 19 Avenue SE in Calgary: Southview Detached for sale : MLS®# A2283817
3229 19 Avenue SE Calgary T2B 0A4
$579,900Residential- Status:
- Active
- MLS® Num:
- A2283817
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,040 sq. ft.
Nicely renovated 5-bedroom bungalow plus den, fully renovated throughout and featuring an illegal suite. Situated on a full 50 ft lot, this home includes a triple detached heated garage and a concrete RV parking pad. Extensive upgrades include all newer windows and doors, vinyl plank flooring throughout, and 24” x 24” glossy tile in the main-floor kitchen. Both kitchens are finished with quartz countertops, and the home offers two sets of washers and dryers. Major updates include newer shingles on both the house and garage, a high-efficiency furnace, hot water tank, and a brand-new sewer line valued at over $15,000. Excellent location close to all amenities—an outstanding opportunity for a growing family. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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402 Citadel Heights NW in Calgary: Citadel Row/Townhouse for sale : MLS®# A2280237
402 Citadel Heights NW Calgary T3G 4A1 OPEN HOUSE: Feb 07, 202601:30 PM - 03:30 PM MSTOpen House on Saturday, February 7, 2026 1:30PM - 3:30PMOPEN HOUSE: Feb 08, 202602:00 PM - 04:00 PM MSTOpen House on Sunday, February 8, 2026 2:00PM - 4:00PM
$559,000Residential- Status:
- Active
- MLS® Num:
- A2280237
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,489 sq. ft.
Inspired by the brushstrokes of Paul Gaugain – this RENOVATED TOP-TO-BOTTOM, COLORFUL 2ST townhome is a MASTERPIECE! Facing a private tot playground, located in a cul-de sac and backing SW into a professionally landscaped green space! Almost 2000 ft2 of developed space, 3 Bedrooms up, 2.5 baths, single attached EXTRA LONG (22') drywalled garage, fully developed basement with media room and extra large laundry room (SXS W+D) . Buyers will LOVE the LEGACY KITCHEN with KEY-LIME quartz countertops, breakfast bar, stainless appliance package, moroccan style mosaic tile backsplash -- all BRILLIANTLY contrasted against TAHITIAN SUNSET ORANGE accent walls.-- Large family room with remodelled modern gas fireplace (rebuilt and tiled wall) and several SW facing windows. SW facing deck in park-like setting. New hardwood flooring, newer spindles, newer carpet, luxury vinyl, redone modern fireplace, all new lighting and switches, CAT6 wiring throughout. 3 large bedrooms up, custom ensuite rain shower with tile and glass. All bathrooms have been updated. Other notable selling features: both mounted TV’s can stay, doorbell camera and garage camera can stay. Flooring has been soundproofed. Extra Insulation has been blown into attic. All windows are triple-paned. ALL POLY-B HAS BEEN REMOVED FROM THIS UNIT. COME OUT AND SEE THIS VALUABLE MASTERPIECE before it sells- Open Houses this weekend (Feb 7th 1:30PM-3:30PM, Feb 8th 2PM-4PM). Don’t forget to visit our 3D tour! More detailsListed by RE/MAX House of Real Estate- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2314 15 Skyview Point Crescent NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2282666
2314 15 Skyview Point Crescent NE Calgary T3N 2T1
$299,900Residential- Status:
- Active
- MLS® Num:
- A2282666
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 667 sq. ft.
Welcome To This Brand-New, Move-In-Ready 2-Bedroom, 1-Bathroom Condo In The Vibrant And Fast-Growing Skyview Community Of NE Calgary. Thoughtfully Designed For Modern Living, This Bright And Airy Home Features 9-Foot Ceilings And Expansive Windows That Flood The Open-Concept Layout With Natural Light—An Attractive Feature For Both End Users And Tenants. Wide-Plank Luxury Vinyl Flooring And Quartz Countertops Throughout Create A Sleek, Contemporary Finish With Low-Maintenance Durability, Ideal For Long-Term Ownership And Rental Use. The Fully Upgraded Kitchen Is Both Stylish And Highly Functional, Showcasing Stainless Steel Appliances, An Over-The-Range Microwave, Soft-Close Cabinetry, A Pantry, And Quartz Countertops—Highly Desirable Features For Today’s Rental Market. The Kitchen Flows Seamlessly Into The Living And Dining Areas, Creating A Flexible Layout That Appeals To A Wide Range Of Tenants And Maximizes Usable Living Space. This Unit Features Two Generously Sized Bedrooms, An I.T. Zone (Computer Desk Area) Ideal For Remote Work Or Study, And A Modern 4-Piece Bathroom With Quartz Countertops And Refined Finishes. Additional Highlights Include In-Suite Laundry, Upgraded Designer Window Treatments, And A Large Private Balcony With A BBQ Gas Line—Amenities That Enhance Rental Appeal And Support Strong Tenant Retention. The Home Is Complete With Titled Underground Parking And A Titled Storage Locker, Offering Added Value And Convenience For Tenants. Located In A Newly Constructed Building With Underground Bike Racks, This Property Benefits From Low-Maintenance Living And Reduced Capital Expenditure For Investors. The Building’s Strategic Location Provides Easy Access To Shopping, Schools, Public Transit, Major Amenities, Calgary International Airport, And Quick Connections To Stoney Trail—A Key Advantage For Commuters And Airport-Related Employment, Supporting Consistent Rental Demand. Skyview Is One Of Calgary’s Most Desirable And Rapidly Growing Communities, Making This Property An Excellent Opportunity For First-Time Investors Or Those Looking To Expand Their Portfolio With A Newer Asset. With Strong Rental Demand, Modern Finishes, And A Location Positioned For Continued Growth, This Turnkey Condo Offers Both Immediate Income Potential And Long-Term Appreciation. Why Rent When You Can Own Your Own Home And Start Building Equity? Move In, Rent Out, Or Hold As A Long-Term Investment—This Is A Must-See Opportunity With Versatile Ownership Options. Please Note: Property Taxes Have Not Yet Been Assessed. Additional Units Are Available—Contact Listing Agent For Details. More detailsListed by Royal LePage METRO- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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72 Glenbrook Villas SW in Calgary: Glenbrook Row/Townhouse for sale : MLS®# A2282657
72 Glenbrook Villas SW Calgary T3E 7E8 OPEN HOUSE: Feb 07, 202601:00 PM - 03:00 PM MSTOpen House on Saturday, February 7, 2026 1:00PM - 3:00PM
$469,000Residential- Status:
- Active
- MLS® Num:
- A2282657
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,312 sq. ft.
This townhome is perfectly situated just steps from St. Gregory School and Optimist Athletic Park, and only minutes from Signal Hill Centre, offering an exceptional and convenient location. The lower living area features new luxury vinyl plank flooring, high ceilings, and abundant natural light, creating a bright and welcoming atmosphere. The adjoining deck provides an inviting outdoor retreat, ideal for relaxing or entertaining. The window in the lower living area is equipped with remote-controlled window coverings for added convenience. The kitchen continues with the same new vinyl plank flooring and offers quartz countertops, stainless steel appliances, ample counter and cabinet space, and a large west-facing bay window, also fitted with remote-controlled coverings. A conveniently located powder room completes the main level.Upstairs, the home features a spacious primary bedroom with a walk-in closet, a second bedroom, a full 4-piece bathroom, and a versatile loft or flex space perfect for a home office, reading nook, workout area, or additional living space. The basement adds even more functionality with an additional room that includes a washer and dryer and is ideal for a private office, hobby space, or extra flex area. Recent updates include the removal of Poly-B plumbing, fresh paint in 2023, new triple-pane windows in 2025, a 40-gallon hot water tank replaced in 2018 with a 10-year warranty, and a roof replacement in 2012. An attached garage provides secure parking and added convenience. Ideally located close to schools, parks, shopping, transit, and major routes, this Glenbrook townhome offers outstanding value for first-time buyers, professionals, or anyone looking to downsize without sacrificing space or location. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3607 8500 19 Avenue SE in Calgary: Belvedere Apartment for sale : MLS®# A2283015
3607 8500 19 Avenue SE Calgary T2A 0M8
$279,000Residential- Status:
- Active
- MLS® Num:
- A2283015
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 618 sq. ft.
Discover comfort and convenience in this well appointed 2 bedroom, 2 bathroom condo in sought after East Hills Crossing. Just minutes from shopping, parks, scenic pathways, and with quick access to Stoney Trail, this location is hard to beat. Inside, you are welcomed by a stylish kitchen with an eating bar that opens to a bright living room and a private balcony, ideal for relaxing or entertaining. The spacious primary bedroom features a walk through closet and a private 4 piece ensuite, while the second bedroom is generously sized and could easily be used as a home office. A convenient 3 piece guest bathroom adds functionality and comfort for visitors. Enjoy the convenience of in suite laundry, titled underground parking, and access to a gym and fitness facility located on the main level of the building. Whether you are a first time buyer, downsizing, or investing, this home offers the perfect blend of lifestyle and location. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3613 28A Avenue SE in Calgary: Dover Semi Detached (Half Duplex) for sale : MLS®# A2283172
3613 28A Avenue SE Calgary T2B 0E8
$365,000Residential- Status:
- Active
- MLS® Num:
- A2283172
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 597 sq. ft.
Welcome to this thoughtfully refreshed bi-level half duplex tucked into the heart of Dover, an opportunity that blends smart updates, functional design, and long-term potential. Offering just under 600 sq ft above grade plus a fully finished basement (over 1,080 sq ft of total developed living space), this home is bright, efficient, and surprisingly versatile, with vinyl flooring, quartz counters, central air conditioning, and a layout that lives larger than its footprint . The finished lower level features multiple bedrooms and a full bathroom, creating flexible space for work-from-home life, guests, or growing needs. Step outside to a fenced yard with rear lane access and a detached single garage—ideal for Calgary winters and weekend projects alike. Zoned R-CG and located in a community seeing steady reinvestment, this property invites both lifestyle buyers and long-term thinkers to imagine what’s next, whether that’s settling in, renovating further, or holding for future value. With parks, schools, shopping, and transit nearby, this is a home that makes everyday living easy while leaving room to dream bigger! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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164 Beddington Circle NE in Calgary: Beddington Heights Detached for sale : MLS®# A2283751
164 Beddington Circle NE Calgary T3K 1K6 OPEN HOUSE: Feb 07, 202602:00 PM - 04:00 PM MSTOpen House on Saturday, February 7, 2026 2:00PM - 4:00PMOPEN HOUSE: Feb 08, 202602:00 PM - 04:00 PM MSTOpen House on Sunday, February 8, 2026 2:00PM - 4:00PM
$519,900Residential- Status:
- Active
- MLS® Num:
- A2283751
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,169 sq. ft.
From the moment you arrive, this home feels like a place where family life can settle in and grow. Backing onto open space with no neighbours behind, it offers a rare sense of privacy and calm—perfect for kids at play, relaxed evenings outdoors, and everyday moments that matter. The fully fenced backyard features a two-tiered deck and fire pit, creating an inviting space for family gatherings, summer evenings, and quiet nights under the stars. The bright and welcoming main floor is designed for connection, featuring an elegant living room centered around a rustic wood-burning fireplace (professionally cleaned December 2025), a comfortable dining area, and a must-see kitchen with gorgeous upgraded cabinetry, stainless steel appliances, and an eating ledge—ideal for busy mornings and shared meals. A convenient work desk and main-floor half bath complete this functional and thoughtfully laid-out level. Upstairs, the home offers three bedrooms, including a spacious primary, along with a large four-piece bathroom, providing comfortable and practical space for a growing family. The developed lower level adds valuable flexibility with a recreation room,, a three-piece bathroom with a large tiled shower, a flex room (as a fourth room (not an egress window), home office, or playroom), and a separate laundry room—perfect for evolving family needs. Ideally located in a mature, family-friendly community, this home is within walking distance to Beddington Towne Centre, schools, playgrounds, and transit, and close to bike paths and everyday amenities. Improvements include fresh paint (2022), furnace servicing (2026), attic insulation top-up to R-50 (2011), a new 50-gallon hot water tank (2025), washer and dryer (2023), Nest digital thermostat, and carpets shampooed in 2026—offering peace of mind for the next owners. Comfortable, well cared for, and full of warmth, this is a home where families can move in, settle down, and make lasting memories. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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355 15 Everstone Drive SW in Calgary: Evergreen Apartment for sale : MLS®# A2279046
355 15 Everstone Drive SW Calgary T2Y 5B5
$464,900Residential- Status:
- Active
- MLS® Num:
- A2279046
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,049 sq. ft.
WELCOME to this FANTASTIC LIFESTYLE BUILDING!! Nestled in 'Sierras of Evergreen' - one of Calgary's BEST 55+ LIVING Condos w/UNMATCHED AMENITIES - this SPACIOUS Air Conditioned 1,049 Sq Ft, 3rd floor unit offers a FANTASTIC OPEN-CONCEPT DESIGN, w/2 Bedrooms, 2 FULL Bathrooms, IN-SUITE LAUNDRY, + an UNDERGROUND TITLED Parkade Stall w/a STORAGE ROOM- an EXCEPTIONAL VALUE in this LOCATION!! As a resident, enjoy ELEVATORS, FITNESS FACILITIES, INDOOR POOL + HOT TUB, CRAFT ROOM, WOODSHOP, MOVIE THEATRE, POOL TABLE, WINE ROOM, CAR WASH, Several LIBRARIES, GUEST SUITES for visiting Family + Friends, a SOCIAL ROOM for classes + events - A SOCIAL COMMUNITY!! Step inside to a WARM + INVITING layout featuring a FUNCTIONAL, WELL-APPOINTED KITCHEN w/a LARGE CORNER Pantry, matching WHITE appliances, TILE Backsplash, OAK Cabinets, PLENTY of Counter space, + tiered Breakfast bar! The open dining and living room flow SEAMLESSLY over rich HARDWOOD flooring, areas are perfect for ENTERTAINING FAMILY + FRIENDS or simply RELAXING after a long day. Cozy up to the ELECTRIC FIREPLACE on cooler evenings while the Large WEST-FACING BAY WINDOWS fill the space w/soft NATURAL LIGHT, keeping it BRIGHT yet COMFORTABLE year-round. From the living area, step onto the COVERED PATIO, an ideal spot for your morning coffee or unwinding in the evening as you take in the BEAUTIFUL SUNSETS. The PRIMARY BEDROOM is a PEACEFUL RETREAT featuring a PRIVATE 4 PC EN-SUITE w/a SOAKER TUB + a LARGE Vanity w/PLENTY of storage and counter space! You will enjoy the Linen closet in ADDITION to your LARGE WALK-IN-CLOSET, providing plenty of space for your personal items. On the opposite side of the unit - offering ADDED PRIVACY - you’ll find the 2nd BEDROOM, which includes a WALK-IN-CLOSET. This thoughtful split-bedroom layout is perfect for guests, roommates, extended family, or a home office setup. A 3 PC Bathroom + SPACIOUS Laundry room w/an UPRIGHT Freezer completes the unit. This MOVE-IN READY HOME offers an INCREDIBLE OPPORTUNITY for DOWNSIZERS or ANYONE seeking a HIGHLY FUNCTIONAL CONDO w/OUTSTANDING AMENITIES + a FANTASTIC, SOCIALLY ENGAGED COMMUNITY!! Enjoy the convenience of being within WALKING DISTANCE to SHOPPERS DRUG MART, a MEDICAL CLINIC w/a PHARMACY, a GROCERY STORE, + a variety of nearby RESTAURANTS provide everyday CONVENIENCE right at your doorstep. Just 6 mins to Shawnessy Shopping Centre + 5 mins to FISH CREEK PARK, this location truly delivers the best of both LIFESTYLE + ACCESSIBILITY. With QUICK access to STONEY TRAIL + MACLEOD TRAIL, commuting across the city is FAST + STRESS-FREE + being on a BUS ROUTE directly to the Shawnessy Train Station makes travel even EASIER. This is a LOCATION that genuinely has it all - don’t miss your chance to own this EXCEPTIONAL PROPERTY… BOOK your PRIVATE VIEWING TODAY!! More detailsListed by RE/MAX House of Real Estate- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated February 6, 2026 at 08:05 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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