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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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456 35 Richard Court SW in Calgary: Lincoln Park Apartment for sale : MLS®# A2278785
456 35 Richard Court SW Calgary T3E 7N9 
$265,000Residential- Status:
- Active
- MLS® Num:
- A2278785
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 605 sq. ft.
Bright and efficient one bedrrom + den. This east-facing, top-floor unit offers an exceptional blend of comfort and convenience—where Mount Royal University is practically your neighbour. Ideal for students, professionals, or investors, the location is hard to beat with quick access to Crowchild Trail, Glenmore Trail, and Sarcee Trail for effortless commuting across the city. Inside, the open-concept layout features seamless laminate flooring, a spacious living area highlighted by a cozy corner gas fireplace, and a generous private balcony complete with a natural gas BBQ hookup—perfect for morning coffee or evening entertaining. The kitchen is both stylish and functional, offering ample counter space, espresso flat-panel cabinetry, a black appliance package, and a peninsula design that flows seamlessly into the dining and living areas. The bright primary bedroom features two large closets and easy access to a well-appointed 4-piece bathroom. Additional highlights include in-suite laundry, secure heated underground titled parking, and a private storage locker.This well-managed complex is rich in amenities, including a fitness centre, games room, social lounge, bike storage, car wash bay, and a rentable guest suite for overnight visitors. All this, just minutes from Westhills Shopping Centre, Currie Barracks, Glenmore Park, North Glenmore Park, and local favourites like Spot On Kitchen & Bar, Weaselhead Natural Area, and Richmond Green Golf Course. Whether you’re searching for a comfortable home or a turnkey investment, this property delivers on location, lifestyle, and long-term value. More detailsListed by KIC Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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406 4350 Seton Drive SE in Calgary: Seton Apartment for sale : MLS®# A2279954
406 4350 Seton Drive SE Calgary T3M 3B1
$459,900Residential- Status:
- Active
- MLS® Num:
- A2279954
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,187 sq. ft.
TOP-FLOOR LUXURY WITH BALCONY RETREATS Discover elevated living in this top-floor CedarGlen Living Seton Park II condo. Nearly 1,200 sq. ft. with 3 bedrooms, 2 full baths, two inviting balconies, and air conditioning—perfect for relaxing and enjoying the surrounding green space. The chef-inspired kitchen features full-height cabinetry, quartz counters, upgraded stainless steel appliances, built-in oven & microwave, apron sink, sit-up island, and spacious pantry. Open-concept dining and living areas are bright and airy, with 9’ ceilings, luxury vinyl plank flooring, and roller blinds. The primary retreat includes a walk-in closet, spa-like ensuite with dual sinks, quartz counters, walk-in shower, and heated toilet seat, plus private balcony access. Two additional bedrooms share a stylish 4-piece bath, and a large laundry room offers extra storage. Highlights: 2 titled underground parking stalls, leased storage locker, air conditioning, pet-friendly (board approval), low condo fees, no HOA fees. Steps from South Health Campus, YMCA, library, Gateway Retail, and future Seton Regional Park (2028). A rare opportunity to own a luxury top-floor home in Calgary’s most vibrant urban community. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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112 Aspen Hills Close SW in Calgary: Aspen Woods Rental for sale : MLS®# A2280084
112 Aspen Hills Close SW Calgary T3H 0C7
$1,500Rental- Status:
- Active
- MLS® Num:
- A2280084
- Floor Area:
- 1,100 sq. ft.
Experience elevated main-floor living in this fully furnished 2-bedroom suite, ideally located in the prestigious community of Aspen Hills. Thoughtfully designed for comfort and sophistication, this residence is perfectly suited for discerning professionals, couples, or a small family seeking privacy, space, and turnkey luxury in a prime West Calgary location. This bright and beautifully furnished suite features a private, separate entrance, dedicated in-suite washer and dryer, and a heated bathroom floor for year-round comfort. A true standout is the huge, private backyard, offering a rare outdoor retreat ideal for relaxing or entertaining. Backing onto and just steps from scenic community pathways, the setting provides exceptional privacy and tranquility. Inside, the sun-filled open-concept layout is enhanced by large windows, contemporary wide-plank flooring, and tasteful, modern furnishings throughout. The designer kitchen is equipped with sleek countertops, full-height custom cabinetry, stainless-steel appliances, and refined fixtures—perfect for both everyday living and hosting. Both bedrooms are generously sized and fully furnished, offering ample closet space and seamless access to a beautifully finished 4-piece bathroom with premium detailing. A timeless neutral colour palette complements the bright interior, creating a calm, upscale atmosphere. Additional highlights include high-efficiency mechanical systems, street parking or assigned parking (if available), and a quiet, private setting. Ideally located directly across from Calgary Academy and just 500 metres from Webber Academy, and minutes from Aspen Landing, top-rated schools, LRT/C-Train, transit, and Stoney Trail. A rare opportunity to enjoy fully furnished luxury living, exceptional brightness, privacy, and outdoor space in one of Calgary’s most sought-after communities More detailsListed by Century 21 Bamber Realty LTD.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1378 A Avenue NW in Calgary: Carrington Rental for sale : MLS®# A2280098
1378 A Avenue NW Calgary T3P 1T9
$950Rental- Status:
- Active
- MLS® Num:
- A2280098
- Floor Area:
- 700 sq. ft.
Newly Furnished 2-Bedroom Basement Suite for Rent ?? | Immediate Move-In Available Location: Carrington Townhomes, Northwest Calgary A brand-new, fully furnished 2-bedroom basement suite is now available for rent in the desirable Carrington community. This modern suite offers a comfortable and private living space, ideal for single professionals, students, or a quiet couple. Suite Features: Brand-new furnished 2-bedroom basement suite Private kitchen with new appliances Separate in-suite laundry (washer & dryer) Bright, clean, and well-designed layout One indoor parking stall available High-speed internet ready Quiet, well-maintained home environment Rent: $950/month (Utilities included: water, electricity, and gas) Nearby Amenities: Conveniently located within a 10-minute drive to major shopping and daily necessities, including T&T Supermarket, Walmart, Superstore, Canadian Tire, No Frills, Shoppers Drug Mart, Save-On-Foods, McDonald’s, plus nearby pharmacies, hair salons, and gas stations. Requirements: Ready for immediate move-in Clean, responsible tenants with stable living habits No smoking, no pets A great opportunity to enjoy a new, furnished, and private suite in a growing Northwest Calgary community with excellent access to amenities. More detailsListed by Century 21 Bamber Realty LTD.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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807 910 5 Avenue SW in Calgary: Downtown Commercial Core Apartment for sale : MLS®# A2250034
807 910 5 Avenue SW Calgary T2P 0C3
$375,000Residential- Status:
- Active
- MLS® Num:
- A2250034
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 951 sq. ft.
LOWEST PRICE IN THE BUILDING!!! EXECUTIVE CONDO in FIVE WEST TOWER II with OVERSIZED PARKING STALL + OVERSIZED STORAGE LOCKER IN A PRIVATE ROOM. ORIGINAL OWNER SELLING - IMMACULATE CONDITION! MOVE IN READY! NEW PAINT! BOSCH DISHWASHER AND MICROWAVE REPLACED. GREAT FOR YOUR DOWNTOWN LIFESTYLE OR INVESTMENT CONDO. This "MANHATTAN" floor plan has is an open floor concept, with both bedrooms attached to bathrooms separated from each other plus a computer/desk nook with a built in desk and upper cabinets to work from home. This building is in a great location on the west end of downtown - Close to your office, city walking/running path just 1/2 a block away, restaurants, shopping, C-Train + plus 15 access just 2 blocks away, coffee shops, Kensington and easy access out of town heading west. UPGRADES include a Gas Fireplace, Hardwood Floors, Solid Maple Cabinets, Commercial Grade Windows which are very soundproof, Acoustic Soundproofing in walls and floors make this condo very quiet. This building offers daily concierge service in a beautiful upgraded lobby, secure fob access to the building and your floor only, intercom, building manager, visitor parking and a party room on the 6th floor. In the time frame when Five West was constructed, construction quality on this building was very high and more space was provided for common areas including parking stalls, storage lockers, lobby, hallways, etc. This building also has a FREE CAR WASH for all residents in the building located in the lower parkade. The balconies also include natural gas hookups for your BBQ. DON'T WAIT! COME VIEW THIS AMAZING CONDO in a GREAT BUILDING IN AN EXCEPTIONAL LOCATION!!! More detailsListed by Century 21 Bamber Realty LTD.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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5410 14645 6 Street SW in Calgary: Shawnee Slopes Apartment for sale : MLS®# A2279883
5410 14645 6 Street SW Calgary T2Y 3S1
$354,900Residential- Status:
- Active
- MLS® Num:
- A2279883
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,032 sq. ft.
A RARE offering in the sought after complex of Beacon Hill, located in beautiful Shawnee Slopes. This is your opportunity to own a large 2 bedroom 2 bathroom apartment condo on the TOP FLOOR. ***TWO TITLED UNDERGROUND PARKING STALLS*** The unit offers great SouthEastern views from the balcony, which includes a gas BBQ outlet. The complex is very well managed and offers 2 gyms, 2 guest suites, a woodworking shop, a car wash bay with vacuum and secure underground parking for both owners and visitors. The location is excellent, with a short walk to Fish Creek Park and the LRT station, and easy access to Shawnessy Plaza with a wide variety of stores and services. The home features a spacious living room with a GAS FIREPLACE, a kitchen with plenty of cupboards, a kitchen island, and NEWER STAINLESS STEEL APPLIANCES. The primary bedroom includes a large 5PC ensuite and a walk-in closet, along with a second bedroom and an additional 4PC bathroom. Large laundry room(newer washer/dryer). The unit has just been FRESHLY PAINTED. Laminate flooring runs throughout, offering DUST FREE LIVING. Both bathrooms feature brand new LVP vinyl plank flooring. Large EAST facing windows bring in plenty of natural light and allow you to enjoy the sunrise. NOTE: there is an assigned storage locker for your convenience as well! If you are looking for a GREAT PLACE TO CALL HOME, book your private viewing NOW. This is a great opportunity and won’t last long. More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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20 Templehill Crescent in Calgary: Temple Detached for sale : MLS®# A2280127
20 Templehill Crescent Calgary T1Y 4C5
$522,000Residential- Status:
- Active
- MLS® Num:
- A2280127
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,156 sq. ft.
First-Time Buyers, Investors & Multi-Generational Families ALERT!!! Discover this beautifully maintained bungalow in the heart of Temple offering over 2,200 sqft of developed living space on a 4,000+ sqft lot. The main floor features 3 bedrooms, 1.5 baths (including a primary suite with upgraded 2-piece ensuite), a bright living room, formal dining area, and a modern kitchen with appliances and updated windows. The fully finished basement adds 1 bedroom, a full bath, and spacious flex and entertainment areas—ideal for extended family or rental potential. Enjoy a double detached garage, optional parking, and a private yard. Located across from schools, close to parks, shopping, transit, and major routes. A move-in-ready gem in a family-friendly NE Calgary community—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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2106 15 Skyview Point Crescent NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2279950
2106 15 Skyview Point Crescent NE Calgary T3N 2T1
$259,900Residential- Status:
- Active
- MLS® Num:
- A2279950
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 583 sq. ft.
Welcome to this brand-new, move-in-ready 2-bedroom, 1-bathroom condo in the vibrant and fast-growing Skyview community of NE Calgary. Thoughtfully designed for modern living, this bright and airy home features 9-foot ceilings and expansive windows that flood the open-concept layout with natural light. Wide-plank luxury vinyl flooring and quartz countertops throughout create a sleek, contemporary finish. The fully upgraded kitchen is both stylish and highly functional, showcasing stainless steel appliances, an over-the-range microwave, soft-close cabinetry, a pantry, quartz countertops, and a convenient breakfast bar—perfect for casual dining, working from home, or entertaining. The kitchen flows seamlessly into the living and dining areas, offering a warm and inviting space to relax or host guests. This unit features two generously sized bedrooms and a modern 4-piece bathroom with quartz countertops and refined finishes. Additional highlights include in-suite laundry, upgraded designer window treatments, and a large private balcony with a BBQ gas line, ideal for summer entertaining or enjoying fresh air and open views. The home is complete with titled Underground parking, a titled storage locker, providing exceptional convenience and value. Underground Bike Racks.This Unit Located in a newly constructed building, residents enjoy low-maintenance living with easy access to shopping, schools, public transit, major amenities, Calgary International Airport, and quick connections to Stoney Trail for effortless commuting throughout the city. Perfect for first-time buyers, professionals, or investors, this turnkey condo offers an affordable opportunity to own in one of Calgary’s most desirable and rapidly growing communities. Why rent when you can own your own home and start building equity? Move in, make it yours, and enjoy the pride of ownership—this is a must-see opportunity. Please note: Property taxes have not yet been assessed. More detailsListed by Royal LePage METRO- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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63 Olympia Crescent SE in Calgary: Ogden Detached for sale : MLS®# A2279956
63 Olympia Crescent SE Calgary T2C 1M6
$524,900Residential- Status:
- Active
- MLS® Num:
- A2279956
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,042 sq. ft.
*PRICED TO SELL!!* Welcome to this beautifully updated 5-bedroom bungalow in Ogden, Calgary SE, offering 1,042 sq. ft. of above-grade living space in a quiet culdesac. Located in a family-friendly neighbourhood in SE Calgary, this home provides exceptional access to schools, shopping, transit, and major routes including Deerfoot Trail, Glenmore Trail, Foothills Industrial, and downtown Calgary. Step inside to find modern updates throughout, including fresh paint, updated flooring, baseboards, and trim. The open-concept floor plan flows seamlessly from the kitchen to the dining room and living room, with bright south-facing windows filling the home with natural light. The main floor includes 3 bedrooms and a full 4-piece bathroom, while the finished basement adds two additional bedrooms, a 3-piece bath, a living area, and a kitchen space (stove installation needed), providing versatile space for extended family, guests, or rental potential. Step outside to enjoy a family-friendly lifestyle with a pathway leading to a nearby playground and green space, ideal for children or pets. Car enthusiasts and hobbyists will appreciate the heated double garage with workbenches, shelving, and a fully functional attic space. Additional highlights include ample parking, proximity to multiple schools, shopping centres, transit options, and quick access to Calgary’s major routes. This updated Ogden bungalow combines comfort, updates, and an ideal location - perfect for growing families! More detailsListed by Town Residential- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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92 Creekside Rise SW in Calgary: Pine Creek Semi Detached (Half Duplex) for sale : MLS®# A2278705
92 Creekside Rise SW Calgary T2X 6G8
$559,900Residential- Status:
- Active
- MLS® Num:
- A2278705
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,608 sq. ft.
THIS HOME MAKES SMART DECISIONS FOR REAL LIFE. The main floor is designed to work—not just photograph well. The kitchen, dining, and living room connect naturally without bleeding into each other, and the MAIN FLOOR POCKET OFFICE is exactly where you want it: close enough for daily use, tucked away enough to keep work from taking over the house. The LIVING ROOM FIREPLACE is properly placed (not fighting the TV for attention). Kitchen cabinets extend to the ceiling, the microwave is built into the island to free up counter space, and the CHIMNEY-STYLE HOOD FAN anchors the space visually and functionally. These are choices that improve how the space is used EVERY. SINGLE. DAY. Upstairs, the layout continues to make sense. A CENTRAL BONUS ROOM creates separation between the primary bedroom and secondary bedrooms—small detail, big difference. It’s one of those features that doesn’t sell the house online, but quietly saves your sanity later. Laundry is where it belongs, storage is thoughtful, and the proportions feel intentional rather than compressed. The WEST-FACING FRONT EXPOSURE brings evening light into the main living spaces, while the REAR DECK WITH BBQ GAS LINE extends your usable space outdoors. Rear lane access with a two-car parking pad keeps the streetscape clean and practical. Downstairs, the unfinished basement offers flexibility without pressure. A separate exterior entry, additional LAUNDRY ROUGH-IN, BAR SINK ROUGH-IN, and upgraded electrical capacity are already in place—so future plans don’t start with undoing today’s work. Set in Sirocco at Pine Creek, this is a community built for daily routines—not just drive-by appeal. WALKING PATHS, NEARBY GREEN SPACES, AND QUICK ACCESS in and out of the neighbourhood make it easy to live here without constantly planning around traffic or errands. IMMEDIATE POSSESSION, BRAND-NEW CONSTRUCTION, and a layout that prioritizes function over flash. This is a first home that won’t feel limiting—or a smart hold that leaves options open. • PLEASE NOTE: Photos are of another spec of the same model – fit & finish may differ. Interior selections & floorplans shown in photos. Kitchen appliances are included & will be installed by possession. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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206 437 Alpine Avenue SW in Calgary: Alpine Park Row/Townhouse for sale : MLS®# A2275389
206 437 Alpine Avenue SW Calgary T2Y 0Z8
$489,900Residential- Status:
- Active
- MLS® Num:
- A2275389
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,400 sq. ft.
WEST-SIDE LIVING, WITHOUT THE WAIT. Alpine Park puts southwest Calgary exactly where it should be—QUICK out of the city, FASTER toward the mountains, and WELL-CONNECTED for everything in between. It’s the kind of location people eventually wish they’d bought into sooner. This THREE-STOREY TOWNHOME matches that momentum. The main living level (second floor) is confident and clean, anchored by a modern kitchen with QUARTZ COUNTERS, a PENINSULA BREAKFAST BAR, and pendant lighting that provides just the right finishing touch. The FULL-WIDTH PRIVATE BALCONY sits right off the kitchen—perfectly placed for morning coffee, evening decompression, or keeping an eye on the day while dinner’s on. Up top, the THIRD FLOOR keeps everything that matters together. Bedrooms, laundry, and bathrooms share the same space, including a primary bedroom with its own ensuite. A separate DEN/FLEX ROOM is tucked alongside—fully enclosed, highly adaptable, and ready to be a nursery, office, reading room, gaming zone, or whatever life requires next. Down below, on the entry level, the long DOUBLE TANDEM ATTACHED GARAGE quietly does the heavy lifting. Parking, storage, bikes, strollers, seasonal gear—it all stays contained, without bleeding into your living space. STEPS FROM GREEN SPACE and the dog park, Alpine Park is one of those west-side communities that REWARDS EARLY MOVERS—well connected now, with parks, pathway systems, and everyday amenities already shaping how the neighbourhood functions. As future retail, gathering spaces, and community infrastructure come online, the groundwork is already there. IT’S ONLY GETTING BETTER as it grows. West-side smart. Design-forward. Unbothered by trends. SEE IT IN PERSON—AND DECIDE IF THIS IS WHERE THE NEXT CHAPTER STARTS. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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296 99 Arbour Lake Road NW in Calgary: Arbour Lake Mobile for sale : MLS®# A2279651
296 99 Arbour Lake Road NW Calgary T3G 4E4
$265,000Mobile- Status:
- Active
- MLS® Num:
- A2279651
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,471 sq. ft.
Welcome to this beautifully maintained and move-in ready 3-bedroom, 2-bathroom home featuring an addition, covered carport, and AIR CONDITIONING! This is the largest unit currently available and 2012 is the newest year too. Located in Watergrove Park, one of Calgary’s most desirable and exceptionally managed 45+ communities, this property offers a wonderful combination of comfort, convenience, and community living. Enjoy access to fantastic amenities including a pool, hot tub, sauna, gym, community library, party room with kitchen, and even additional laundry facilities. For those who travel or need extra space, RV, boat, and trailer storage is also available. Inside, you’ll find a bright and open floor plan with vaulted ceilings that enhance the spacious feel. The central kitchen is the heart of the home, featuring a large island, walk in pantry, plenty of beautiful wood cabinetry, and two skylights that fill the space with natural light. The thoughtful layout offers a generous dining area and a cozy living room—perfect for entertaining or relaxing.The primary suite is expansive, complete with a walk-in closet and a large ensuite featuring a soaker corner tub. On the opposite side of the home, two additional bedrooms and the main bathroom provide comfortable space for guests or hobbies. The addition offers a versatile bonus room currently used for storage, with access to a private back patio and a well-built storage shed. There’s even extra storage space under the front porch for your outdoor or seasonal items. Notable updates include a 2-year-old hot water tank and a regularly maintained furnace. Your monthly lot fee covers water, sewer, recycling, garbage pickup, and full use of all clubhouse amenities. With Crowfoot Crossing just steps away, you’ll love the easy access to grocery stores, medical clinics, restaurants, banks, and even a movie theatre. The Crowfoot LRT station is nearby as well, making this one of the most connected and convenient locations in the city. This is a welcoming, active, and friendly community you’ll be proud to call home. Book your private showing today! More detailsListed by REMAX Innovations- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated January 19, 2026 at 02:05 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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