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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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1315 8880 Horton Road SW in Calgary: Haysboro Apartment for sale : MLS®# A2273065
1315 8880 Horton Road SW Calgary T2V 2W3 OPEN HOUSE: Nov 30, 202502:00 PM - 03:00 PM MSTOpen House on Sunday, November 30, 2025 2:00PM - 3:00PM Anyone welcomed, with agent or not
$228,700Residential- Status:
- Active
- MLS® Num:
- A2273065
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 500 sq. ft.
Welcome to London at Heritage Station! This spacious 1-bedroom unit on the 13th floor offers spectacular downtown skyline views through oversized windows that flood the space with natural light. The open-concept layout features a modern kitchen with rich cabinetry and open kitchen, flowing seamlessly into the living and dining areas—perfect for entertaining. The primary bedroom is generously sized with washer/dryer in unit, great convenience! Enjoy your morning coffee on the private balcony while taking in the cityscape. This secure, pet-friendly concrete building includes underground parking, 24-hour security, bike storage, and in-suite laundry. Ideally located just steps to the Heritage LRT station, Save-On-Foods, Tim Hortons, and numerous shops and restaurants, with quick access to Macleod Trail and downtown. An excellent opportunity for first-time buyers, professionals, or investors seeking a well-managed condo in a highly convenient location. More detailsListed by Skyrock- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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305 836 15 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2272284
305 836 15 Avenue SW Calgary T2R 1S2
$450,000Residential- Status:
- Active
- MLS® Num:
- A2272284
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 970 sq. ft.
Step into this sophisticated, contemporary corner condo where elegance seamlessly blends with functionality. Boasting approximately 970 sqft of refined living space and an expansive 534 sqft private outdoor patio, this residence offers the perfect balance of indoor comfort and outdoor enjoyment. Upon entry, you are welcomed by a spacious foyer that leads to a gourmet kitchen, fully equipped with premium stainless-steel appliances, sleek granite countertops, and a stylish breakfast bar. Adjacent to the kitchen, the dedicated dining area features large windows providing ample natural light, creating an inviting atmosphere for entertaining guests. The living area is enhanced by a cozy gas fireplace, ideal for relaxing during cooler evenings. The highlight of this unit is the rare patio—a generous private retreat perfect for summer gatherings or tranquil outdoor moments. Thoughtfully designed for privacy, the primary bedroom is separated from the secondary bedroom, each positioned at opposite ends of the condo. The primary suite includes a spacious walk-in closet and a luxurious four-piece ensuite bathroom. Located in the highly regarded Emerald Stone, a solid concrete building in the vibrant Beltline district, you’ll enjoy unparalleled access to 17th Avenue’s shops, restaurants, and amenities. With a remarkable walk score of 98, everything you need is just steps away. Residents also enjoy access to exclusive amenities including a fully equipped fitness center, a stylish party room, and a game room—perfect for both relaxation and socializing. Additionally, concierge services and advanced security in the building, ensures peace of mind and a truly elevated living experience. Don’t miss the opportunity to make this exceptional condo your new home. Schedule a 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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104 655 Shawnee Square SW in Calgary: Shawnee Slopes Apartment for sale : MLS®# A2271887
104 655 Shawnee Square SW Calgary T2Y 1E3
$410,000Residential- Status:
- Active
- MLS® Num:
- A2271887
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 860 sq. ft.
Welcome to your brand-new home in Shawnee Slopes, where modern design meets everyday comfort. This stylish 3-bedroom, 2-bathroom condo in the new Fish Creek Exchange development offers 922 sq. ft. (builder size) of smart, functional living space. Inside, you’ll find high ceilings, luxury vinyl plank flooring, and a beautifully designed kitchen with quartz countertops, full-height cabinetry, and stainless steel appliances — the kind of kitchen that makes cooking feel effortless. The open layout flows seamlessly into the private North West-ground floor facing balcony, a perfect spot to unwind with morning coffee, enjoy summer evenings, or take in Calgary’s signature sunsets. Every detail has been considered for convenience and ease, including titled underground parking and a secure storage cage. Located just steps from the Fish Creek–Lacombe LRT Station and minutes from Fish Creek Provincial Park, you’ll enjoy the best of both worlds — city connectivity and nature at your doorstep. Whether you’re a first-time buyer, an investor, or someone looking to simplify without compromise, this home offers a refreshing balance of style, function, and lifestyle in one of Calgary’s most sought-after communities. More detailsListed by The Real Estate District- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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205 777 3 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2271456
205 777 3 Avenue SW Calgary T2P 0G8 OPEN HOUSE: Nov 29, 202501:00 PM - 03:00 PM MSTOpen House on Saturday, November 29, 2025 1:00PM - 3:00PM 2 bedroom/2 bath condo with u/g parking on Quiet Tree Lined Street steps from the Bow River Pathways. Vinyl Plank Flooring, Quartz Counter, New Stainless Steel Appliances, Large Balcony & MORE!
$343,000Residential- Status:
- Active
- MLS® Num:
- A2271456
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 882 sq. ft.
OPEN HOUSE SATURDAY NOVEMBER 29TH FROM 1-3PM! The Best of Both Worlds! Inner Core Urban Lifestyle on QUIET Tree-Lined Street STEPS from BOTH the Hustle of the Downtown Core AND Scenic Bow River Pathways. Inviting Open Design with 9Ft Ceilings & VINYL PLANK Flooring - Bright Kitchen with QUARTZ Counters, NEW Stainless Steel Appliances, Breakfast Bar, Dining Nook, & Side Pantry, Generous GREAT Room with Gas Fireplace separating the TWO large Bedrooms, & an OVERSIZED 14’5” X 8’2” Private Balcony with Treed Views, a Gas BBQ Hook-up, & an Enclosed Storage Room. There’s a Generous Master Bedroom with WALK-IN Closet, Ensuite Bath with Rainhead Shower Stall, a Spacious 2nd Bedroom for guests, home office or a roommate, a 2nd full Bathroom, a Separate Laundry Room with NEWER Full-Size Washer & Dryer, TITLED UNDERGROUND PARKING & it’s PET FRIENDLY too! Spend summer nights sipping wine on your AMAZING Terrace or explore Calgary’s Downtown Lifestyle with Year-Round River Pathways, Fitness Facilities, Festivals, Spas, Martini Bars, Art Galleries, Coffee shops, Boutiques, & Restaurants - Yes - You can “Have 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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201 360 Harvest Hills Way NE in Calgary: Harvest Hills Apartment for sale : MLS®# A2273031
201 360 Harvest Hills Way NE Calgary T3K 4K4
$439,999Residential- Status:
- Active
- MLS® Num:
- A2273031
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,386 sq. ft.
1386 Sq Ft | 3 Bedrooms | 2 Bathrooms | Huge Balcony | Heated Underground Parking | Harvest Hills NE Calgary Welcome to this stunning and expansive 1,386 sq ft condominium in the highly sought-after community of Harvest Hills NE Calgary — offering serene nature-inspired living with modern luxury and comfort. This is truly one of the largest and most well-maintained units in the complex, thoughtfully designed for both functionality and style. As you step inside, you are greeted by a spacious and inviting foyer, setting the tone for the elegance that follows. The openconcept layout seamlessly connects the grand living and dining areas, highlighted by large, sun-filled windows that flood the space with natural light, creating a warm and welcoming atmosphere. This generous living area provides the perfect setting for entertaining family and friends or simply relaxing in comfort. The gourmet kitchen is a true chef’s delight, featuring upgraded cabinetry extending to the ceiling, premium stainless steel appliances, a large quartz island, and a quartz backsplash — a rare and luxurious feature. A walk-in pantry provides added convenience and storage space. The kitchen flows effortlessly into the dining and living areas, offering an ideal setup for gatherings and everyday living. The primary bedroom suite is a peaceful retreat complete with a 4-piece ensuite bathroom and a spacious walk-in closet. The second bedroom also includes its own walk-in closet, while the third bedroom can easily serve as a guest room, home office, or nursery. A second full bathroom provides comfort and convenience for residents and guests alike. The laundry room is impressively spacious, equipped with side-by-side washer and dryer, upgraded cabinetry, and additional storage, making everyday chores effortless and organized. Step outside to the huge private balcony—a rare find—with unobstructed views, perfect for relaxing or entertaining. Equipped with a BBQ gas line, it’s the ideal space to enjoy summer evenings with friends and family. Adding even more value, this unit comes with titled heated underground parking, ensuring your vehicle stays warm and protected throughout Calgary’s cold winters. The exterior of the building features durable, hail-resistant cement fiber siding, providing extra peace of mind and lasting curb appeal. Nestled in a peaceful, family-friendly neighborhood, this home offers an unbeatable combination of tranquility and convenience. Enjoy nearby parks, green spaces, and scenic walking and cycling trails, as well as tennis and pickleball courts. Shopping and dining are just minutes away, with T&T Supermarket, Costco, and a variety of local restaurants all within easy reach. Fitness enthusiasts will love the proximity to Vivo for Healthier Generations, while families will appreciate access to nearby schools and playgrounds. Commuting is effortless with quick access to both Stoney Trail and Deerfoot Trail, and CrossIron Mills is just a short 10 minute drive. 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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210 1301 17 Avenue NW in Calgary: Capitol Hill Apartment for sale : MLS®# A2272691
210 1301 17 Avenue NW Calgary T2M 0R2
$249,900Residential- Status:
- Active
- MLS® Num:
- A2272691
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 674 sq. ft.
Meet “Carson” - Your bright and beautifully updated two-bedroom condo, located just steps from SAIT in the heart of Capitol Hill. This is one of the building’s best-positioned units, offering a street-facing view that brings in abundant natural light and avoids the parking-lot exposure. Inside, the home features hardwood floors throughout and a sleek, modern kitchen complete with stainless steel countertops that stand out for durability and style. The open-concept living area is warm and inviting, with large windows that make the entire space feel airy and comfortable. Both bedrooms are well-sized and versatile, whether you need sleeping space, a home office, or a study area. The bathroom features a double shower head, adding a touch of luxury to your routine. The unit includes in-suite laundry, giving you day-to-day independence that’s rare to find at this price point. A dedicated parking stall adds convenience, as does the storage locker on the balcony. Walking distance to SAIT, the LRT, grocery stores, coffee shops, and local services. Whether you’re a student, faculty member, first-time buyer, or investor, this home offers exceptional value in one of Calgary’s most connected inner-city locations. More detailsListed by Renzo Real Estate Inc. and Renzo Real Estate- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1903 519 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2272030
1903 519 Riverfront Avenue SE Calgary T2K 1K6
$329,900Residential- Status:
- Active
- MLS® Num:
- A2272030
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 634 sq. ft.
Welcome to an amazing condo with OUTSTANDING VIEWS of downtown Calgary, including the gorgeous Calgary Tower, Calgary Public Library, Studio Bell and Saddledome. Your future home is located on the 19th floor of the sought after EVOLUTION building, which is walking distance to a myriad of of amenities in the East Village, and downtown. This luxury unit offers a beautiful kitchen with GAS STOVE, huge stone countertop, and plenty of cupboards. There is a dining area, a cozy living room with access to a good size balcony, a bedroom with a posh 4PC ensuite and a walk-in closet. Both living room and the bedroom have FLOOR to CEILING windows facing south. ***Enjoy the spectacular views*** More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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45 Nolanlake Cove NW in Calgary: Nolan Hill Row/Townhouse for sale : MLS®# A2273039
45 Nolanlake Cove NW Calgary T3R 0Z7
$489,999Residential- Status:
- Active
- MLS® Num:
- A2273039
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,705 sq. ft.
****OPEN HOUSE SAT 29TH NOV 2025 1-3PM****.....Welcome to this stunning EAST-FACING, three-storey END-UNIT townhouse nestled in the highly sought-after community of Nolan Hill! Offering 1,705 sq. ft. of thoughtfully designed living space, this modern home features 3 bedrooms, 2.5 bathrooms, a dedicated DEN or HOME OFFICE, and an INSULATED OVERSIZED DOUBLE ATTACHED GARAGE. Convenient visitor parking is located right next to the unit—perfect for hosting friends and family. FRESHLY PAINTED and PROFESSIONALLY CLEANED from top to bottom—including APPLIANCES and CARPETS—this home is truly move-in ready. Step inside to an inviting OPEN-CONCEPT main floor boasting 9-FT CEILINGS, contemporary laminate flooring, and abundant NATURAL LIGHT from TRIPLE-PANE WINDOWS. The chef-inspired kitchen is the centerpiece of the home, showcasing QUARTZ countertops, full-height SOFT-CLOSE cabinetry, a subway tile backsplash, and a massive center ISLAND with extra STORAGE. Complete with WHIRLPOOL STAINLESS STEEL appliances, this kitchen is ideal for both everyday cooking and entertaining. The bright east-facing living room opens to a large private BALCONY overlooking a beautifully landscaped courtyard—perfect for morning coffee or summer BBQs with the built-in GAS LINE. Upstairs, the primary suite offers a generous WALK-IN CLOSET and a luxurious ENSUITE with an oversized glass shower. Two additional bedrooms, a 4-piece main bath, and a convenient upper-level laundry area complete the top floor. Additional highlights include an energy-efficient HRV system, low-flush toilets, 2” faux wood blinds, triple-pane windows, and durable fiber cement siding with stone accents. The fully INSULATED and drywalled oversized double attached garage provides ample space for vehicles, STORAGE, or a home gym. Perfectly situated in a quiet, LANDSCAPED COURTYARD with green space and park benches, this home offers easy access to SCHOOLS, PARKS, walking paths, and PONDS. Enjoy quick connectivity to Sarcee Trail, Shaganappi Trail, and Stoney Trail, and take advantage of nearby amenities at Sage Hill Centre and Beacon Hill Shopping Centre—featuring Costco, Canadian Tire, restaurants, gyms, and more. This modern, move-in-ready townhome blends style, comfort, and convenience in one of NW Calgary’s most desirable communities. 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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34 New Brighton Point SE in Calgary: New Brighton Row/Townhouse for sale : MLS®# A2272776
34 New Brighton Point SE Calgary T2Z 1B6
$415,000Residential- Status:
- Active
- MLS® Num:
- A2272776
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,270 sq. ft.
**MOVE IN READY - BACKING GREEN SPACE - DOUBLE PRIMARY SUITES** Discover this immaculate townhome perfectly situated in a quiet location, backing onto beautiful green space with panoramic views. Flooded with natural light, the home features large windows throughout and a bright, open-concept layout. The spacious kitchen offers sleek modern cabinetry, contemporary countertops, a stylish backsplash, updated stainless-steel and black appliances, plenty of storage, and workspace. Imagine enjoying your morning coffee on your private balcony overlooking the expansive green space, watching the wildlife. An inviting dining area flows into a large Great Room—ideal for both everyday living and entertaining. Upstairs, you’ll find two generous bedrooms, each with its own ensuite bath and walk-in closet, along with the convenience of upper-floor laundry. Additional highlights include a double attached tandem garage and LOW MONTHLY CONDO FEES. Plenty of monitored visitor parking is available. Close to schools, shopping, and recreation, with easy access to major transportation routes, this home delivers comfort, style, and an unbeatable location. City living with a country feel! More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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329 1920 14 Avenue NE in Calgary: Mayland Heights Apartment for sale : MLS®# A2272066
329 1920 14 Avenue NE Calgary T2E 8V4
$240,000Residential- Status:
- Active
- MLS® Num:
- A2272066
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 828 sq. ft.
Welcome to this gorgeous top floor, 2 bedroom, 2 bathroom condo in the central and highly desriable community of Mayland Heights. This unit truly has it all with over 800 sq ft of living space in one of Calgary's most sought after locations. As you walk in you are greeted with an open floor plan, vaulted ceilings, large windows providing you with plenty of natural light. Your kitchen is well equipped with a ton of cabinetry, counter space, and is open to your living room and dining area making it the perfect space for entertaining or quiet nights at home with the family. Your primary bedroom is large enough for a king sized bed plus additional bedroom furniture and features an en-suite bathroom and walk in closet. Your second bedroom is also a great size and is across from your second full bathroom. Your laundry room with full sized washer and dryer also comes with additional storage completes this wonderful unit. With harsh Calgary winter's coming, your indoor parking stall will you save from scraping windows and cold car seats. Your additional assigned storage locker adds additional storage space for all of your extra items. Mayland Heights is minutes to Downtown, the Airport, parks and pathways, as well as schools and shopping nearby. Don't miss out on your opportunity to own this amazing home in one of Calgary's greatest locations. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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96 Hampstead Green NW in Calgary: Hamptons Row/Townhouse for sale : MLS®# A2272960
96 Hampstead Green NW Calgary T3A 6H2 OPEN HOUSE: Nov 29, 202502:00 PM - 04:00 PM MSTOpen House on Saturday, November 29, 2025 2:00PM - 4:00PM
$549,900Residential- Status:
- Active
- MLS® Num:
- A2272960
- Bedrooms:
- 2
- Bathrooms:
- 4
- Floor Area:
- 1,539 sq. ft.
Open House Saturday November 29th from 2:00pm – 4:00pm! Where elegance and comfort meet, your new fully finished end unit townhome is waiting for you in the prestigious Hamptons, this stunning home has it all including the view! The main floor has gleaming engineered hardwood flooring, 9' smooth ceilings and tons of windows flooding the living space with natural light. There is a massive living room with a corner gas fireplace to cozy up to on those chilly evenings. The chef in the family will definitely feel inspired in this well appointed kitchen with tons of cabinet space, large centre island and all brand new appliances with smart capability, there is even a walk in pantry giving you ample storage. The open concept also offers a beautiful dining area with room to have the whole family over for dinner. There is a large balcony just off the living room with incredible views, the perfect spot to enjoy your coffee and watch the sun rise. In addition the main floor has a half bath and main floor laundry for your convenience. Upstairs is a primary bedroom fit for a King or Queen with a walk in closet and a spa inspired ensuite with a separate shower and a relaxing soaker tub. An additional great sized bedroom and 4 piece bath complete this level. Downstairs is the perfect place to let your hair down, with a massive family room and another corner gas fireplace, a 2 piece bath and large storage room, this level is a walkout with a covered patio to relax and enjoy the outdoors. This end unit is one of the largest with mature trees and perennial flower beds, making this a beautiful space to relax. Even your vehicle will be happy here with an attached single car garage complete with extra storage, the driveway offers an additional parking stall and conveniently, visitor parking is just around the corner too. There is nothing to do here but move in and start enjoying your new home in the Hamptons! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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905 626 14 Avenue SW in Calgary: Beltline Apartment for sale : MLS®# A2225507
905 626 14 Avenue SW Calgary T2R 0X4
$514,900Residential- Status:
- Active
- MLS® Num:
- A2225507
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 961 sq. ft.
Perched on the 9th floor with sunny south and east views of the downtown core and the sunny south towards the Elbow river, this corner unit is a must see. Calla is a long-time favourite in the Beltline for its location and walkability to downtown and 17 Avenue. This 2-bedroom, 2-bathroom layout is a favourite in the building as it is one of the largest floorplans in the building and rarely these style units come available. With 961 square feet, large windows, and consistent sun exposure. It is an ideal space for someone who enjoys everything inner city life has to offer. As you enter this floorplan foyer creates a defined entry away from the main living area. The open concept living space is functional and bright. Floor to ceiling windows showcase the downtown skyline which can be enjoyed both day and night. Dark espresso laminate floors pair with the kitchen, which features a large quartz island and well-appointed storage. The kitchen flows to the dining and living areas and opens to a private SE balcony with room to relax as well as space for a barbecue. The two bedrooms sit on opposite sides of the unit, which is an ideal layout. The primary bedroom has a walkthrough closet and a 4-piece ensuite with a stand-up shower and soaker tub. The second bedroom is spacious and works well as a bedroom, office or flex room. A walk-through closet connects to a 3-piece bath. In suite laundry and strong storage complete the interior. This unit has had some recent updates which include fresh paint, new carpet, new washer/dryer, upgraded faucets, central AC and more. Calla provides great amenities such concierge, a fitness room, yoga space, sauna, guest suite, bike storage, and visitor parking plus secure storage rooms on the same floor as the unit. One titled parking stall is included. This home is ideal for singles or professional couples who want inner city convenience and to be in the heart of walkable accessibility to everything you need. More detailsListed by Century 21 Bamber Realty LTD.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated November 28, 2025 at 04:05 PM (UTC)
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Why Buy an Investment Property in Calgary?
- Generate a second source of stable income by renting out the property or turning it into an Air BnB, creating more financial freedom and / or stability
- Build equity and wealth which will grant you more leverage to buy more properties and increase cash flow even more
- Appreciation can help you turn a profit when it’s time to sell
Calgary Multi-Family Investment Properties
Investors often look towards condos and townhomes when browsing for real estate investment opportunities in Calgary. Multi-family properties have much lower maintenance than their single-family counterparts and are more affordable on a comparative basis which means less expenses on things like property tax, landscaping and other associated costs.
One-bedroom condos in Calgary’s city centre with around 500 square feet starting at $1,200 is not uncommon to see. Two-bedroom units usually range from $1,700 and up, although these actual figures vary depending on a number of factors such as building age, community, and square footage.
Find many condo investment opportunities in these popular areas of downtown and the inner city:
- East Village Condos for Sale
- Kensington Condos for Sale
- Eau Claire Condos for Sale
- Downtown Condos for Sale
- Downtown West End Condos for Sale
Townhomes also present an excellent investment opportunity. Suburban units in communities like Evanston, Legacy and Saddle Ridge, for example, offer large square footage and in some cases double-attached garages. These rental properties can command a starting price anywhere from the $1,600 to $1,800 range depending on the features and location of the home.
Inner city townhomes also present a great opportunity for investors as they are in higher demand and command a higher rental price, but the initial capital investment will be larger versus a suburban unit:
Suburban multi-family units are also a sound investment with a much lower initial cost, but also will command a lower rent than their inner city counterparts. Discuss your real estate goals with an experienced Realtor® who will be able to help you make the best decision for your wants and needs as an investor.
Considerations Before Investing in a Rental Property
#1 – Neighbourhood
The community you decide to buy in will determine the type of tenants you attract and the monthly rent you can charge. Buying a property in Calgary near a post-secondary institution, for example, will attract students looking for more affordable prices. A residence in the inner city near a train station would likely attract urban professionals working in the city centre who have more cash flow.
#2 – Walkability
Investment properties in the city centre of Calgary offer much more walkability than similar units in a suburban community. Being able to walk to a restaurant down the street rather than jumping in the car and driving for several minutes adds value to any rental property and will help you command a larger rent.
#3 – Amenities
Once again, amenities relate to the location of your investment property in Calgary. A unit with quick-and-easy access to recreation centres, outdoor parks, public transportation, shopping malls, river pathways and other major amenities will provide the opportunity to ask for a higher rent per month.
#4 – Property Taxes
Investing in Calgary real estate means you’ll have property tax to pay. Just how much is the average annual cost for this in your area, and does the cost make it not a feasible property to buy from a financial standpoint? Consider taxes before making any moves!
#5 – Vacancies and Units Available
Investing in real estate in a saturated market will require you to lower rent to attract tenants. The whole purpose of a second income is to maximize its potential, so consider doing some research on the number of units available within a certain area of the city before buying a property as an investment.
Contact an Investment Property Specialist
Thinking about investing in Calgary real estate? As highly experienced Realtors® in Calgary, we’ve helped many locals and foreigners alike navigate the investment property market and would love to put our knowledge and skillset to work for you.
Contact Cody and Jordan direct anytime at 403.370.4008 to discuss your real estate plans! Get a 100% Free, No-Obligation Evaluation for your property in Calgary today!
We are looking forward to helping you accomplish your real estate goals!
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