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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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302 10 Brentwood Common NW in Calgary: Brentwood Apartment for sale : MLS®# A2234259
302 10 Brentwood Common NW Calgary T2L 2L6 
$309,000Residential- Status:
- Active
- MLS® Num:
- A2234259
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 530 sq. ft.
Welcome to University City! Start of session is 25 August! U of C is walking distance, short bike ride and buses are an option. The LRT is less than 5 min walk with access to SAIT, Alberta University of the Arts, This home is complete with fridge, stove, dishwasher, microwave hood fan, washer and dryer. Vacant and available for immediate possession upon completion. There is heated bike storage. Secure owner parking and secure visitor parking is heated as well. There is a fitness room and a meeting room in the building. Parking condo fee is $54.78/ mo. Parking property tax is $61.81 ( annual 2025). More detailsListed by Grand Realty
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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202 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2235018
202 255 Les Jardins Park SE Calgary T2C 5V3
$424,900Residential- Status:
- Active
- MLS® Num:
- A2235018
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 976 sq. ft.
**BRAND NEW HOME ALERT** Great news for eligible First-Time Home Buyers – NO GST payable on this home! The Government of Canada is offering GST relief to help you get into your first home. Save $$$$$ in tax savings on your new home purchase. Eligibility restrictions apply. For more details, visit a Jayman show home or discuss with your friendly REALTOR®. LOVE YOUR LIFESTYLE! Les Jardins by Jayman BUILT next to Quarry Park. Inspired by the grand gardens of France, you will appreciate the lush central garden of Les Jardins. Escape here to connect with Nature while you savor the colorful blooms and vegetation in this gorgeous space. Ideally situated within steps of Quarry Park, you will be more than impressed. Welcome home to 70,000 square feet of community gardens, a Fitness Centre, a Dedicated dog park for your fur baby, and an outstanding single-level living OPEN FLOOR PLAN with unbelievable CORE PERFORMANCE. You are invited into a thoughtfully planned 2 Bedroom, 2 Full Bath plus expansive wrap-around balcony beautiful CORNER Condo boasting QUARTZ COUNTERS throughout, sleek STAINLESS STEEL WHIRLPOOL APPLIANCES featuring a refrigerator with French doors with built-in water and ice, dishwasher with stainless steel interior, slide in stainless steel electric convection range with ceramic cooktop and microwave hood fan. Luxury Vinyl Plank Flooring, High End Fixtures, Smart Home Technology, A/C and your very own in suite WASHER AND DRYER. This beautiful suite offers a spacious dining/living area with sliding doors and large bright windows, a spacious entry corridor with two storage closets, an expansive balcony, a galley kitchen design with an extended eating bar, and side-by-side laundry. STANDARD INCLUSIONS: Solar panels to power common spaces, smart home technology, air conditioning, state-of-the-art fitness center, high-end interior finishings, ample visitor parking, luxurious hallway design, forced air heating and cooling, and bedroom window coverings. Offering a lifestyle of easy maintenance where the exterior beauty matches the interior beauty with seamless transition. Les Jardins features central gardens, a walkable lifestyle, maintenance-free living, nature nearby, quick and convenient access, intelligence and sustainability, fitness at your fingertips, and quick access to Deerfoot Trail and Glenmore Trail. It is located minutes from downtown, from the Bow River and pathway system, and within walking distance to shopping, dining, and amenities. Schedule your appointment today! More detailsListed by Jayman Realty Inc.
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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413 323 20 Avenue SW in Calgary: Mission Apartment for sale : MLS®# A2234833
413 323 20 Avenue SW Calgary T2S 2G5
$569,999Residential- Status:
- Active
- MLS® Num:
- A2234833
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 932 sq. ft.
Welcome to Tribeca, one of Mission’s most desirable buildings. This sleek, modern penthouse is located in the heart of Mission, one of Calgary’s favourite walkable communities, wrapped along the Elbow River. This south-facing executive penthouse is filled with natural light, thanks to its lofty 14' vaulted ceilings. It features two bedrooms, two bathrooms, and a den (with closet), an extra-large breakfast bar with quartz countertops, sleek stainless steel appliances, a gas range, 2-drawer dishwasher, convection oven, garburator, and upgraded LG washer/dryer, plus an XL storage room. The dining room is spacious enough for a large table, making it perfect for entertaining. The unit's lighting package includes dimmer switches throughout. The kitchen features two pendant lights and recessed gimbal lights for tailored lighting, while both bedrooms are outfitted with modern ceiling fans. The large patio boasts decorative ceramic tiles, a gas BBQ hook-up, and is ideal for growing vegetables. The patio measures 83 sq. ft., with 939 sq. ft. of RMS interior space. Additional highlights include a separate assigned storage locker, a secure bike room, and two titled underground parking stalls. The building also features a private community garden in the backyard, offering a space to connect with neighbours and share gardening tips. This superb location is unmatched. Walk to downtown, just one block from the bridge into Lindsay Park, Elbow River Pathway, and MNP Sports Centre. You're also within walking distance to Stampede Park, the soon-to-be-completed Calgary Flames’ Scotia Place Event Centre, the new Culture + Entertainment District, and the BMO Convention Centre. You’re only blocks away from 17th Avenue's restaurants and shopping, and a quick Uber ride from Arts Commons, Studio Bell (Canada’s Music Hall of Fame), and the newly renovated Glenbow Museum (reopening in 2026 after a $205 million transformation). Biking distance to Kensington, Inglewood, and Bridgeland. This property truly has it all! 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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304 3 Taracove Estate Drive NE in Calgary: Taradale Apartment for sale : MLS®# A2235681
304 3 Taracove Estate Drive NE Calgary T3J 4T3
$329,999Residential- Status:
- Active
- MLS® Num:
- A2235681
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 964 sq. ft.
Welcome to this bright and spacious top-floor 3-bedroom condominium located in the desirable community of Taradale in NE Calgary. Boasting over 950 sq ft of well-planned living space, this home offers comfort, functionality, and style—all in one. The unit features 9 ft ceilings that enhance the open-concept layout, creating an airy and inviting atmosphere. The gourmet kitchen is equipped with sleek quartz countertops, stainless steel appliances, and ample cabinetry, making it ideal for both everyday cooking and entertaining guests. Large windows flood the space with natural light, and the private balcony offers unobstructed views, perfect for enjoying peaceful mornings or evening sunsets. The layout includes three generously sized bedrooms, making it a great choice for families, professionals, or those in need of a home office. The well-maintained bathroom and in-suite laundry add convenience to this already well-appointed home with Under ground storage space as well. Located just steps from schools and parks, and within walking distance to the Genesis Centre, Saddletowne Circle, and the LRT station, this condo offers unbeatable accessibility. With nearby amenities including shopping, grocery stores, restaurants, banks, and transit options, everything you need is right at your doorstep. This is a fantastic opportunity for first-time buyers, downsizers, or investors looking for a low-maintenance home in a vibrant and growing community. Don’t miss your chance to own this exceptional top-floor unit in Taradale! More detailsListed by Coldwell Banker YAD Realty
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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209 1540 29 Street SW in Calgary: St Andrews Heights Row/Townhouse for sale : MLS®# A2235477
209 1540 29 Street SW Calgary T2N 4M1
$327,000Residential- Status:
- Active
- MLS® Num:
- A2235477
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 912 sq. ft.
A Great Property to call home or a Prime investment opportunity across from the Foothills hospital, the new Cancer Center, and walking distance to University of Calgary! A Nice open FLOOR PLAN with plenty of Natural Light, where the Kitchen, Dining Room, and Living Room Flow together. Perfect location within the complex; where you'll enjoy the quiet time in your oversized fenced, south facing yard with Deck that backs onto a huge park/greenspace. This unit is 'move in' ready, with 2 good sized Bedrooms, 4 Piece Bathroom, in-suite Washer and Dryer, Maple hardwood flooring & cabinets & in-suite storage. Assigned covered parking stall close to unit, visitor parking available, a short walk to the hospital, shopping, transit, University of Calgary, Bus Routes, Professional Offices, and so much more! 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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3201 5605 Henwood Street SW in Calgary: Garrison Green Apartment for sale : MLS®# A2235913
3201 5605 Henwood Street SW Calgary T2E 7R2
$249,900Residential- Status:
- Active
- MLS® Num:
- A2235913
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 502 sq. ft.
This property has everything you want, for the price you need! Experience urban and convenient living at The Gateway Garrison Greens. This complex offers quiet CONCRETE CONSTRUCTION, numerous amenities and quick access to Mount Royal University, trendy restaurants & boutique shopping. Perfectly suited for a first-time buyer or savvy investor. 1 bed/1 bath home with a comfortable, open floor plan and high ceilings. The kitchen boasts GRANITE COUNTERTOPS, a large island with breakfast bar, stainless steel appliances and a spacious pantry. Durable VINYL PLANK FLOORING throughout. The covered balcony faces a landscaped green space with gazebo. Other bonuses include: in-suite laundry, TITLED UNDERGROUND PARKING, in-floor heating, NEW STOVE & MICROWAVE HOOD FAN (2024) and a portable A/C unit! Residents can enjoy multiple amenities, such as a gated courtyard, fitness facility, yoga room, guest suites, party room, bike storage and more. This is a well managed & pet friendly building with an ON-SITE MANAGER and condo fees that include ALL utilities (electricity, heat & water). You will love living in Garrison Green. Conveniently situated by the University, tons of shopping, Glenmore Park, golf courses, and major roadways. Nothing left to do but move in and enjoy. Book a showing before it's too late & check out THE 3D VIRTUAL TOUR. More detailsListed by MaxWell Capital Realty
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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B 1914 26A in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2235531
B 1914 26A Calgary T3E 2B7
$388,000Residential- Status:
- Active
- MLS® Num:
- A2235531
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,131 sq. ft.
Stylish Inner-City Bungalow | Modern Renovation | Walkable Location Discover the perfect blend of modern living and inner-city convenience in this beautifully renovated 1,131 sq ft lower-level bungalow. Featuring 3 spacious bedrooms and 2 full bathrooms—including a private primary retreat with a walk-in closet and ensuite—this home offers both comfort and style. Step into the open-concept living space where large, bright windows fill the home with natural light. The contemporary kitchen is an entertainer’s dream with a generous island, eating bar, sleek finishes, quartz countertops and shaker cabinets. Enjoy summer evenings in the sunny, shared backyard green space—complete with BBQ area, lush lawn, and mature trees that create a private, tranquil setting. Tucked away on a quiet, tree-lined street in Killarney, this home is perfectly positioned within walking distance to vibrant 17th Avenue’s restaurants, cafes, pubs, shops, parks, schools, bike paths, Killarney pool, and 9 minutes from the C-Train. Additional features include a private, assigned parking stall at the rear, visitor parking for guests, and low condo fees for worry-free living. A stylish, move-in ready home in a highly sought-after inner-city neighbourhood—this one is a must-see! More detailsListed by Real Estate Professionals Inc.
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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426 255 Les Jardins Park SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2235982
426 255 Les Jardins Park SE Calgary T2C 5V3
$459,900Residential- Status:
- Active
- MLS® Num:
- A2235982
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 977 sq. ft.
**BRAND NEW HOME ALERT** Great news for eligible First-Time Home Buyers – NO GST payable on this home! The Government of Canada is offering GST relief to help you get into your first home. Save $$$$$ in tax savings on your new home purchase. Eligibility restrictions apply. For more details, visit a Jayman show home or discuss with your friendly REALTOR®. LOVE YOUR LIFESTYLE! Les Jardins by Jayman BUILT next to Quarry Park. Inspired by the grand gardens of France, you will appreciate the lush central garden of Les Jardins. Escape here to connect with Nature while you savor the colorful blooms and vegetation in this gorgeous space. Ideally situated within steps of Quarry Park, you will be more than impressed. Welcome home to 70,000 square feet of community gardens, a proposed Fitness Centre, a Dedicated dog park for your fur baby, and an outstanding OPEN FLOOR PLAN with unbelievable CORE PERFORMANCE. You are invited into a thoughtfully planned 2 Bedroom, 2 Full Bath TOP FLOOR CORNER UNIT plus expansive balcony beautiful CORNER Condo boasting QUARTZ COUNTERS through out, sleek STAINLESS STEEL KITCHENAID APPLIANCES featuring a refrigerator with French doors with built-in water and ice, dishwasher with stainless steel interior, slide in stainless steel electric convection range with ceramic cooktop, built-in microwave and designer hood fan. Luxury Vinyl Plank Flooring, High End Fixtures, Smart Home Technology, A/C and your very own in suite WASHER AND DRYER. This beautiful suite offers a spacious dining/living area with sliding doors and large bright windows, a spacious entry corridor with two storage closets, an expansive balcony, a galley kitchen design with an extended eating bar, and side-by-side laundry. STANDARD INCLUSIONS: Solar panels to power common spaces, smart home technology, air conditioning, state-of-the-art fitness center, high-end interior finishings, ample visitor parking, luxurious hallway design, forced air heating and cooling, and window coverings in bedrooms. Offering a lifestyle of easy maintenance where the exterior beauty matches the interior beauty with seamless transition. Les Jardins features central gardens, a walkable lifestyle, maintenance-free living, nature nearby, quick and convenient access, smart and sustainable, fitness at your fingertips, and quick access to Deerfoot Trail and Glenmore Trail. It is located 20 minutes from downtown, minutes from the Bow River and pathway system, and within walking distance to shopping, dining, and amenities. Schedule your appointment today! More detailsListed by Jayman Realty Inc.
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
-
335 Silverado Common SW in Calgary: Silverado Row/Townhouse for sale : MLS®# A2235895
335 Silverado Common SW Calgary T2X 0S4
$399,900Residential- Status:
- Active
- MLS® Num:
- A2235895
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,486 sq. ft.
2 BEDS + MAIN LEVEL OFFICE/DEN | ATTACHED GARAGE | 1,486 sq.ft | 1.5 BATH | WALK TO SHOPPING, AMENITIES & SCHOOLS | VIEWS OF THE FOOTHILLS. Across the street from a beautiful pond and pathways. This lovely 3-storey townhome in Silverado comes via the original owner and is well kept, move-in ready. The main floor offers a versatile den/office, perfect for working from home, a convenient 2-pc bathroom, and access to the attached garage. You'll also find upgraded ceramic tile in the entry and bathrooms. The oversized single garage includes additional storage. The second level showcases beautiful laminate flooring throughout, large windows with great sightlines, and a spacious living and dining area. The kitchen features granite countertops, a large island, tile backsplash, and 9-ft ceilings — ideal for cooking and entertaining. Upgraded dishwasher and convection oven. Step out onto the south-facing balcony with a BBQ hookup and enjoy open views with no neighbours behind. Upstairs, the large primary bedroom easily fits a king bed, while the second bedroom is generously sized. The oversized full bathroom includes ceramic tile flooring, and the upper laundry room is equipped with a full-sized, upgraded HE front-loading washer and dryer. Additional highlights include an oversized garage with extra storage and custom wood blinds. Well-managed complex with low condo fees ($246). Pets (up to two) are welcome with board approval. New roof and siding just installed (2022-2023). Located next to full-service shopping (Sobeys, Shoppers Drug Mart, liquor store, two banks, restaurants, pub, professional services). One block to the bus stop and 5 minutes to the Somerset C-Train station. Call to book your private showing today! More detailsListed by 2% Realty
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2307 522 Cranford Drive SE in Calgary: Cranston Apartment for sale : MLS®# A2232511
2307 522 Cranford Drive SE Calgary T3M 2L7
$349,900Residential- Status:
- Active
- MLS® Num:
- A2232511
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 843 sq. ft.
** Please click on "Videos" for 3D tour ** Welcome to a very well kept, upgraded, 2 bedroom/2 bathroom 3rd floor condo in very desirable Cranston! Amazing features include: 9 foot ceilings, large balcony with oversized sliding door & BBQ gas line, high-end SS appliances, good sized laundry room with washer/dryer included, ice cold air conditioning, kitchen under-mount lighting, luxurious 4-piece primary en suite bathroom with double sinks, luxury vinyl plank flooring, 1 TITLED parking space & 1 assigned storage locker, 843 square feet, bedrooms on opposite sides of the unit and much more! Location is outstanding - close to all schools and amenities, steps from Fish Creek Par/Bow River/Calgary Pathway System and very easy access to all major routes - Deerfoot/Stoney Trail/Highway 2! Total pride in ownership and move in ready! Dare to compare - lower condo fee includes all utilities except electricity! 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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201 131 Quarry Way SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2233957
201 131 Quarry Way SE Calgary T2C 5L7
$549,900Residential- Status:
- Active
- MLS® Num:
- A2233957
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 847 sq. ft.
Located in the prestigious community of Quarry Park, this elegant one-bedroom, one-bathroom condo in the concrete-constructed Champagne complex offers both luxury and convenience. Just steps from the Bow River and its scenic pathways, this home is also close to shopping, restaurants, parks, schools, playgrounds, an off-leash dog park, YMCA, and public transit. Inside, you’ll be greeted by a bright, open-concept layout with 9-foot ceilings, upgraded high-end laminate flooring, and modern lighting. The chef-inspired kitchen features stainless steel appliances, a granite island, and a built-in wine nook with a wine fridge and beverage center—perfect for entertaining. The spacious living room is framed by floor-to-ceiling windows and opens onto a full-width private balcony overlooking stunning Bow River views. The large primary bedroom also captures these river vistas and includes a walk-through closet leading to a spa-inspired ensuite with a soaker tub and stand-alone shower. Additional highlights include in-suite laundry, central air conditioning, a titled underground parking stall, and a separate titled storage locker. The building also offers bike storage, two on-site car wash bays, ample visitor parking, and is pet-friendly, allowing up to two pets. This is truly a turn-key home offering a serene, upscale lifestyle in one of Calgary’s most desirable communities. Call today to book your private viewing! More detailsListed by RE/MAX Real Estate (Mountain View)
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
-
70 Dover Mews SE in Calgary: Dover Row/Townhouse for sale : MLS®# A2234626
70 Dover Mews SE Calgary T2B 0P6
$453,000Residential- Status:
- Active
- MLS® Num:
- A2234626
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,386 sq. ft.
Welcome to this charming 3 bdrms, 2.5 bath, ORIGINAL OWNERS, CORNER END UNIT WITH GORGEOUS GREEN OUTLOOK AND SOARING 16 FT CEILINGS. THIS IS A GEM. You will not be disappointed when you drive up to this townhouse. There's great curb appeal, and visitor parking right next door, plus an extra 3 spaces just a couple of steps away. There's a spacious entrance with a coat closet and a single attached garage. Downstairs is the basement, which features a family room, storage area, and furnace room. Upstairs, you are greeted to a beautiful living room with 16-foot ceilings, an electric fireplace with heat and fan for those cool evenings and windows across the back wall. The outlook is solid green with a lawn and fence. Walk out to your private deck with a gas outlet. Listen to the birds, hear the wind in the trees, and relax. It's beautifully quiet here. The kitchen and dining area face south with the sun beaming into the window. This L-shaped kitchen features new SS appliances, solid maple cabinetry, granite countertops, stainless steel appliances, and ample cabinet and counter space. The dining room is large enough for a table that seats at least 6. There's a two-piece bathroom and laundry room on this floor as well. Upstairs are 3 bedrooms, with the primary bedroom fitting all your king-size furniture, a walk-in closet, and a four-piece en-suite. The other 2 bedrooms are a good size, and there's also another four-piece bathroom. Updated up and down blinds, NEW FURNACE, HOT WATER TANK, AC AND HUMIDIFIER, ceiling fans, freshly painted, EX INULSTION TO R 50,vacuflow with attachments, smart thermostat and 3 new toilets. The garage is just over 19 feet long, insulated, drywalled, and painted—perfect for a small truck. Pets are allowed with board approval. This home is part of a bare land condo, meaning less maintenance for you! This is a very well-run complex. The strata has undertaken repairs on the irrigation system, parking pad resurfacing, gutters, and more. Just 10 minutes to downtown Calgary, with easy access to Deerfoot Trail, 17th Ave, Memorial Drive & only 14 minutes to the airport, 18 minutes to the International Airport. The nearest bus stop (no 155) is just outside the complex, and the nearest Franklin LRT station is a 6-minute drive away. Dover is a lively community with lots of amenities—beach volleyball courts, one of Calgary’s best outdoor splash water park, playgrounds, picnic areas, off-leash dog parks, sports fields, an outdoor rink, schools, nearby walking/biking trails, the ridge w/ downtown, mountain & golf course views, outdoor rinks, sports fields & schools. Franklin Train Station is 8 mins away & bus stops are right outside. West Dover Elementary School (I min drive), Ian Bazalgette Junior High (2 min drive) and Forest Lawn High School (6 min drive) away. This is a very affordable, low-maintenance home that will allow you a piece of luxury as your first home. Don't miss it, these don't last long. More detailsListed by One Percent Realty
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated July 2, 2025 at 12:05 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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