Fourplexes for Sale in NW, NE, SW, SE Calgary

YYC’s diverse real estate portfolio means there are several opportunities to buy a fourplex home for sale in Calgary at any time. City Centre neighbourhoods such as Tuxedo, Winston Heights and Mount Pleasant are where you’ll find several existing fourplex properties; these lots typically have four apartment-style units under one main building.

If you’re looking for fourplexes for sale in Calgary’s northwest, northeast, southwest or southeast specifically, our map search tool is an effective way to narrow down your options. We can also provide you with a list of multi-family properties upon request – send us your criteria today and we will be happy to assist you!

Why Buy a Fourplex in Calgary?

What are some of the benefits of purchasing a Calgary 4 plex? While there are a handful of reasons we can think of, the follow are the most likely:

#1 – Earn 4x the rental income on a single investment – Real estate investors always have a keen eye for fourplexes because of the opportunity to earn up to four times the rent off of one investment. Fourplexes also may have lower taxes than four separate rental properties, providing good financial returns.

#2 – Less vacancy risk if a tenant leaves – If you own a fourplex in Calgary and lose a tenant, you’re only losing a quarter of your rental income which is a much smaller risk than owning a single-family rental property and losing ALL of your rental income.

#3 – Streamlined management – Having all four tenants under one roof can help streamline property management, whether that be performed by you or a hired agency. As a result, Calgary fourplex owners can consolidate maintenance tasks such as landscaping, pest control and other associated landlord responsibilities.

#4 – More financial options – Fourplexes are the largest type of property an investor can own using a residential property loan. Duplexes and triplexes also fall under the “residential” category, but any complexes with five or more living units are considered commercial properties. Therefore, you may have more financial options when looking to buy a fourplex in Calgary versus a building with several different units.

#5 – Good introduction to real estate investing – if you can afford it, fourplexes are a great starting point for rookie real estate investors. The multi-dwelling unit has great potential to provide a high rate of return because of its cash-flow generating capacity and financing options.

Who Lives in Fourplexes?

Homeowners or renters looking for an affordable living arrangement may consider buying a fourplex for sale in Calgary. If you own the building and live in one unit, you can easily supplement your living through the rental income earned from the other three residences.

On the other hand, many renters looking for an affordable place to live tend to gravitate towards fourplexes as they typically offer great prices but also don’t come with the cons of living in larger apartment buildings with countless units.

Investors -> Buying a fourplex for sale in Calgary and living in one unit provides you with the opportunity to manage the building while supplementing your lifestyle.

Empty Nesters -> Additionally, semi-retired or retired empty nesters with some cash in the bank could benefit immensely from the income-earning opportunity presented by a fourplex property. Earn steady income and enjoy retirement in peace as you travel the world!

Snow Birds -> If you're one of those snowbirds that head to a warmer destination during the winter, the "lock-and-leave" lifestyle offered by multi-family properties is ideal for you. Have peace of mind knowing your neighbours are in close proximity to your home when away and all building tenants typically have a shared sense of security.

In reality, anyone can live in a fourplex-style home. It all depends on what their wants, needs and lifestyle entail. If you’re unsure about how a multi-unit property fits into your real estate goals, contact us anytime and we will be happy to provide you with some free advice! Also see:

• Browse Duplexes for Sale in Calgary
• 5 Reasons to Buy a Half or Full Duplex Home

Fourplex Real Estate Agents in Calgary

Are you thinking about buying a fourplex for sale in Calgary? Maybe you’re planning on selling your current multi-family property? Our team of Realtors® in Calgary with RE/MAX have years of experience in helping people buy and sell a full spectrum of real estate and would love to put their knowledge and skillset to work for you!

Contact Cody & Jordan anytime at 403-370-4008 if you have questions about current listings on the MLS® or would like us to set up a showing for you! Get a Free Property Evaluation for your 4 plex in Calgary today!

We are looking forward to helping you accomplish your real estate goals!

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