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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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4107 333 Taralake Way NE in Calgary: Taradale Row/Townhouse for sale : MLS®# A2282017
4107 333 Taralake Way NE Calgary T3J 0M3 OPEN HOUSE: Feb 07, 202602:00 PM - 04:00 PM MSTOpen House on Saturday, February 7, 2026 2:00PM - 4:00PM
$364,990Residential- Status:
- Active
- MLS® Num:
- A2282017
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,240 sq. ft.
Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom townhouse offering 1239 SqFt of comfortable living space, an open concept layout, and a front-attached garage - big backyard & no maintenance -GARBAGE IS ALSO INCLUDED ! Step inside to a tiled foyer with convenient access to a 2-piece bathroom, garage entry, and basement. Newer Flooring and Fresh Coat of Paint. The main floor is designed for seamless living and entertaining, featuring a bright and airy open layout with large windows that flood the space with natural light. The kitchen boasts granite countertops, stainless steel appliances including a 5-burner gas stove, a dual basin sink, ample cabinetry, and a breakfast bar with seating. Adjacent to the dining area, sliding glass doors open to a spacious private deck with a wood privacy divider—perfect for summer gatherings. Upstairs, you’ll find three generously sized bedrooms and two full bathrooms. The primary bedroom includes a walk-in closet and a 4- piece ensuite accessible via a private pocket door. The additional two bedrooms share a full 4-piece bathroom with a tub/shower combo and undersink storage. A dedicated laundry area with a front-load washer and dryer plus built-in wire shelving completes the upper level. The basement remains undeveloped, offering a blank canvas for your future vision. Enjoy outdoor space with a deck that steps out to green space—ideal for children or pets. Parking is a breeze with a front-attached oversized single garage and driveway. Located just a 2-minute drive or a 7-minute walk to Ted Harrison School, this home is nestled in a family-friendly community close to public transit, C Train access, grocery stores, and coffee shops. Condo fee also includes water. Don’t miss this fantastic opportunity! More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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62 Walden Lane SE in Calgary: Walden Row/Townhouse for sale : MLS®# A2283776
62 Walden Lane SE Calgary T2X 2A7
$494,500Residential- Status:
- Active
- MLS® Num:
- A2283776
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,267 sq. ft.
An excellent investment opportunity in the sought-after community of Walden, this well-maintained 2-storey townhome offers strong income potential for both long-term and short-term rental strategies. The property has a proven rental history, previously leased for approximately $2,600 per month, and has also been successfully operated as a short-term rental with high demand during peak seasons, including the Calgary Stampede. Beyond its investment appeal, the home features a functional and inviting layout with 3 spacious bedrooms, 2.5 bathrooms, and a single attached garage—making it equally attractive for owner-occupiers. The open-concept main floor creates a seamless flow between the living, dining, and kitchen areas, ideal for entertaining and everyday living. The kitchen is equipped with stainless steel appliances, ample cabinetry, and generous counter space. Upstairs, you’ll find well-sized bedrooms, including a comfortable primary suite. The partially finished basement offers additional living potential, perfect for a recreation room, home office, or future development. Step out onto the large rear deck overlooking the peaceful Walden Ponds and adjacent green space, providing a private and tranquil outdoor setting. Ideally located near parks, schools, and multiple shopping plazas—including Legacy Shopping Plaza—and offering easy access to Stoney Trail and Macleod Trail, this property combines lifestyle appeal with strong rental performance potential in one of Calgary’s most convenient and vibrant communities. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1013 Marcombe Crescent NE in Calgary: Marlborough Semi Detached (Half Duplex) for sale : MLS®# A2284072
1013 Marcombe Crescent NE Calgary T2A 3H3
$433,300Residential- Status:
- Active
- MLS® Num:
- A2284072
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 785 sq. ft.
Exquisite Bungalow-Style Duplex with Exceptional Value & Oversized Dream Garage! Don’t let the modest footprint fool you, this beautifully maintained 8xx sq. ft. bungalow-style duplex delivers outstanding value with thoughtfully designed living space and a warm, inviting atmosphere throughout. Move-in ready and affordably priced, this home features 3 bedrooms, a full 4-piece bathroom, a bright open-concept kitchen flowing seamlessly into a cozy living room, plus a fully developed basement complete with a theatre room, ideal for first-time buyers, growing families, or savvy investors. Car enthusiasts, hobbyists, and weekend tinkerers will appreciate the newer oversized heated garage with vaulted ceilings perfectly suited for a future car lift and offering abundant space for projects, storage, or recreational toys. Need RV or trailer parking? The pie-shaped lot with rear lane access provides secure, gated off-street RV parking without sacrificing yard space. Recent improvements include freshly poured front to back concrete sidewalk, newly installed ceiling fans, new laminate flooring, furnace replaced 5 years ago, Garage built 4 years ago, shingles replaced 8 years ago. Enjoy outdoor living in the large, fully fenced private backyard backing onto green space. Perfectly situated across from St. Mark Elementary School, Bob Edwards Junior High and Bright Path Childcare, with convenient access to bus transit, nearby shopping and amenities, and quick connections to 16th Avenue and Stoney Trail for effortless commuting. This is a rare opportunity to own an affordable home packed with lifestyle perks. Call your favorite realtor to book your private showing today and experience the charm and value this exceptional bungalow has to offer. More detailsListed by Initia Real Estate- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2408 1010 6 Street SW in Calgary: Beltline Apartment for sale : MLS®# A2284422
2408 1010 6 Street SW Calgary T2R 1B4
$395,000Residential- Status:
- Active
- MLS® Num:
- A2284422
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 672 sq. ft.
Investors calling! welcome to this newly built south facing appartment unit located in the heart of downtown calgary. convenient to do everything in your daily life. this amazing two bed, 1 bath unit located on the 24th floor of the 6th and tenth building, The views here are spectacular, with both unobstructed South-West visibility of the mountains and fulsome city skyline to the east. As impressive as the panoramic sightseeing, the condo is equally as stunning and incredibly functional. You'll immediately notice the mix of industrial and modern finishes, the warm hardwood floors, and the floor to ceiling windows flooding the space with natural light. The kitchen features high gloss cabinetry, quartz counters, subway tile backsplash, built-in stainless steel appliances and built in gas range and oven. The highlights of the primary bedroom are full views Calgary tower and downtown skyline, and a loft-like feel with concrete walls and ceiling finish. The closet is outfitted with custom wardrobes to optimize space and functionality. The 4 piece bathroom has a neutral and calm colour palette paired with bright hardware- it standouts to other units with upgraded, custom shower glass doors. The good sized second bedroom also features wardrobe organizers, floor to ceiling windows, and full sight of the Rocky Mountains. This second bedroom is versatile and can also be utilized as an amazing work from home space. The sliding glass door is dually functional as a private barrier and whiteboard. In-suite full-sized laundry, titled underground parking, and separate titled storage space complete the package. The building amenities are top notch and include an executive concierge, overnight weekend security, a luxurious owners lounge, fitness room, plunge pool with a large common area deck, bike storage and visitor parking. 6th & Tenth is located in the lively Beltline community and close to all the downtown business, shopping & eating districts. Whether this is an investment property (Air BnB Allowed!) or a primary residence, you don’t want to miss this opportunity to own this sleek city condo! More detailsListed by Homecare Realty Ltd.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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7 Prominence View SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2280255
7 Prominence View SW Calgary T3H 3M8
$509,000Residential- Status:
- Active
- MLS® Num:
- A2280255
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,581 sq. ft.
Welcome to this fully renovated townhome in the prestigious community of Patterson, where modern elegance meets everyday comfort. From top to bottom, no detail has been overlooked—fresh designer paint, sleek luxury vinyl plank flooring, and a stunning glass-railed staircase set the tone for the contemporary style throughout. The gourmet kitchen is a true showpiece, showcasing brand-new custom cabinetry with a wall pantry and pull-out drawers, high-end stainless-steel appliances, quartz countertops, and a spacious island with additional storage, pull out drawers, electrical outlet, and breakfast bar for casual dining or entertaining. Flowing seamlessly from the kitchen is a chic powder room and access to your expansive south-facing deck, perfect for summer barbecues while enjoying the serene green space backdrop. The inviting dining and living area are enhanced by a cozy corner gas fireplace with new stone mantel, while upstairs you’ll find a luxurious primary suite with stylish barn doors, a walk-in closet, and direct access to the spa-inspired 4-piece bathroom complete with a soaker tub and glass shower. A spacious second bedroom offers versatility for guests, children, or a home office. The home is finished with an attached insulated double tandem garage and additional storage, making it as functional as it is beautiful. Nestled atop a scenic ridge in Southwest Calgary, Patterson offers residents effortless access to major bus routes and Bow Trail, nearby top-tier Public, Catholic, and Private Schools, plentiful parks and green spaces—including Edworthy Park, Prominence Park, and extensive trails—and an array of shopping, dining, and recreational amenities just minutes away. Don’t miss your chance to make this exceptional home yours—schedule 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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313 1408 17 Street SE in Calgary: Inglewood Apartment for sale : MLS®# A2282844
313 1408 17 Street SE Calgary T2G 5S8
$363,000Residential- Status:
- Active
- MLS® Num:
- A2282844
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 974 sq. ft.
You’re not just buying a home—you’re purchasing a lifestyle. Welcome to Inglewood, one of Calgary’s most vibrant and walkable inner-city neighbourhoods. Just steps from parks, river pathways, local shops, music venues, breweries, and restaurants, this location offers the perfect balance of charm and convenience. Located in the sought-after Pearce Gardens, this spacious third-floor unit offers 974 square feet of bright, open-concept living with southwest exposure and sunset, mountain views from your private balcony. Inside, you'll find a large primary bedroom and a second enclosed room (currently used as a den) that meets legal egress requirements due to the building’s full sprinkler system, making it a safe and functional second bedroom. Upgrades throughout the unit include luxury vinyl plank flooring, porcelain tile in the main bath, a rebuilt fireplace wall with custom stonework and floating glass shelving, and a refreshed kitchen with quartz countertops, painted cabinets, and newer appliances including a fridge, stove, range hood, and dishwasher. Additional highlights include ceiling fans in both bedrooms, a custom dresser and shelving in the primary closet, built-in entry and laundry storage, and deck upgrades with flooring, privacy lattice, a retractable screen door and a 12-foot wide roll-down sun blind. The unit also features in-suite laundry, 9-foot ceilings, a gas fireplace, and a titled underground parking stall & storage near the elevator. Residents enjoy access to a fitness centre, a large party room with kitchen and patio, and ample visitor parking. Your condo fee includes gas, heat, sewer, water & more. Pearce Gardens is pet-friendly with board approval and is professionally managed. This home offers lifestyle, location, and lasting comfort in one of Calgary’s most sought-after communities. Book your 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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107 383 Smith Street NW in Calgary: University District Apartment for sale : MLS®# A2283380
107 383 Smith Street NW Calgary T3B 6J9 OPEN HOUSE: Feb 07, 202602:00 PM - 04:00 PM MSTOpen House on Saturday, February 7, 2026 2:00PM - 4:00PMOPEN HOUSE: Feb 08, 202612:00 PM - 02:00 PM MSTOpen House on Sunday, February 8, 2026 12:00PM - 2:00PM
$429,900Residential- Status:
- Active
- MLS® Num:
- A2283380
- Bedrooms:
- 1
- Bathrooms:
- 2
- Floor Area:
- 728 sq. ft.
Come check out the open houses this weekend! Saturday February 7: 2:00-4:00pm & Sunday Feb 8: 12-2:00pm. Enjoy maintenance-free living in this spacious one-bedroom condo in the sought-after 55+ Maple building, ideally located in Calgary’s vibrant University District. Built by Truman Homes, Maple offers a secure, social community with luxury finishes, perfect for those ready to simplify life without sacrificing lifestyle. Unit 107 is a convenient main-floor condo with direct access to the covered patio and walking paths; ideal for easy comings and goings or running a quick errand. This 728 sq ft home features an open-concept floorplan with 9-foot ceilings, engineered hardwood flooring, and large triple pane picturesque windows. The modern kitchen includes quartz countertops, stylish cabinetry, a designer backsplash, and stainless steel appliances. The large island is perfect for casual meals or prepping a beautiful dinner at home. The dining area is spacious and also great for hosting family visits or playing cards with the grandchildren. The kitchen and dining area open to the living room, creating a comfortable space to relax at the end of the day. The generously sized bedroom includes a walk-through closet and a spacious 4-piece ensuite. A second full bathroom adds extra convenience for any guests. This unit also includes in-suite laundry and your own titled, heated underground parking stall. The Maple building includes a heated underground parkade, plenty of visitor parking, elevators, and thoughtful “aging in place” features such as wide hallways, accessible entrances, and automated doors. Residents will also enjoy a beautifully landscaped courtyard with inviting seating areas. Living in the University District makes everyday life incredibly convenient. From groceries and banking to coffee dates and evening movies, everything is close by. Save-On-Foods, Staples, Shoppers Drug Mart, Cineplex, COBS Bread, Monogram Coffee, Market Mall, and a variety of cafés, restaurants, and shops along Main Street are all within easy walking distance. With more amenities opening all the time, the University District continues to stand out as one of Calgary’s most vibrant and walkable communities. Next door is Cambridge Manor, a neighbouring residence offering independent and supportive living services. Maple residents are able to access select lifestyle and recreation amenities at Cambridge, including a bistro café, fitness centre, and a variety of fitness classes. A hair salon is also available, along with organized social activities such as coffee club, card games, crib club, drum circles, concerts, movies and documentaries, and special holiday meals. Whether you’re looking for a lock-and-leave lifestyle or a welcoming community to enjoy year-round, Unit 107 at Maple is an outstanding opportunity in one of Calgary’s best urban neighbourhoods. More detailsListed by Royal LePage Benchmark- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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95 Aspen Hills Drive SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2283410
95 Aspen Hills Drive SW Calgary T3H 0P8
$484,900Residential- Status:
- Active
- MLS® Num:
- A2283410
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,159 sq. ft.
Welcome to 95 Aspen Hills Drive SW. Tucked away on a quiet street surrounded by single-family homes, this residence is filled with natural light and an airy sense of openness that immediately feels like home. One of the true highlights is the rare, FULLY FENCED, SOUTH-facing BACKYARD; a private outdoor retreat perfect for kids, pets, or relaxed evenings spent entertaining or unwinding in the sunshine. Inside, the thoughtfully designed floor-plan features a stylish and functional kitchen with granite countertops, a central island, breakfast bar seating, stainless steel appliances, and plenty of cabinetry and storage or everyday living and hosting alike. Upstairs, you’ll find TWO BRIGHT PRIMARY SUITES, each with its own ENSUITE, offering exceptional flexibility for families, guests, or a comfortable work-from-home setup. The basement is FRAMED & DRYWALLED and includes a third bedroom, recreation room, and a rough-in for a future bathroom. With ELECTRICAL AND PLUMBING already in place, it offers an easy opportunity to grow into the space over time. Ideally located just minutes from downtown with quick access to the WESR LRT line, this home is within walking distance to Aspen Landing Centre with all daily amenities. Enjoy nearby parks and pathways, along with close proximity to TOP-RATED SCHOOLS including Webber Academy, Rundle College, and Calgary Academy. With easy access to major thoroughfares such as Stoney Trail, weekend escapes to the mountains are effortless. Combined with LOW CONDO FEES, a private yard, and an unbeatable west-side location, this home offers outstanding value in one of Calgary’s most sought-after communities. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated February 6, 2026 at 06:05 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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