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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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149 66 Glamis Green SW in Calgary: Glamorgan Row/Townhouse for sale : MLS®# A2272220
149 66 Glamis Green SW Calgary T2E 6V1 
$385,000Residential- Status:
- Active
- MLS® Num:
- A2272220
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,159 sq. ft.
Don’t miss out on this tastefully upgraded 2-bedroom plus bonus room, 1.5-bath ground-level 2-story corner unit townhouse—a beautifully updated home that truly stands out! Inspired with a contemporary neutral palette throughout, this property features an impressive list of upgrades. The kitchen has been fully updated with professionally painted Benjamin Moore cabinetry, boxed enclosures to the ceiling, upgraded black fixtures, and newer stainless steel appliances, including a Samsung OTR microwave, French-door refrigerator, and slide-in convection stove. The home also features new luxury vinyl plank flooring throughout, hexagon and French inspired subway tile accents, fresh Benjamin Moore paint, and three stunning feature walls that add warmth and charm. Additional upgrades include new toilets, hardware, lighting, blinds, plantation shutters, and a Phantom screen leading to the main floor deck. A cozy gas fireplace anchors the main living area, creating a warm and inviting space perfect for relaxing or entertaining. Upstairs, you’ll find a stylish renovated bathroom, convenient laundry hookups, two large bedrooms, and a lovely large private deck right off the second bedroom. The bathroom renovation is a must-see—beautifully finished with modern selections and excellent craftsmanship. The fenced yard has been decked so you can enjoy the warmer months in style, easily fitting a patio table & chairs, or a more relaxed conversation set. A small green space with turf for anyone with furry friends. With the best garage in the complex, this unit features a rare 2.5-car heated oversized garage offering ample parking and storage options. The roof, siding, hot water tank, and patio doors have all been recently replaced. Located across from a quiet park, the setting feels peaceful and private while still offering quick access to major roads, including Glenmore, Sarcee, Stoney, and Crowchild Trails. Only 5 minutes to Westhills shopping center, with all major amenities that you would possibly need. This home is perfectly situated with close proximity to North Glenmore Park and Weaselhead Natural Area and 15 minutes to downtown! This exceptional home offers comfort, style, and convenience all in one place. Come and experience it in person and make this your home! More detailsListed by Real Estate Professionals Inc.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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6308 315 Southampton Drive SW in Calgary: Southwood Apartment for sale : MLS®# A2272677
6308 315 Southampton Drive SW Calgary T2W 2T6
$230,000Residential- Status:
- Active
- MLS® Num:
- A2272677
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 812 sq. ft.
Welcome to this well-maintained top floor, two-bedroom, one-bathroom apartment, located in a very quiet area of the complex. Enjoy a bright and inviting atmosphere with a south-facing balcony that overlooks the courtyard, providing plenty of natural light and a peaceful view. This apartment features a generous open floor plan, highlighted by a spacious living room with large glass sliding doors that open onto the balcony. The adjoining dining room offers ample space for entertaining or family meals, seamlessly connected to the living area for a comfortable flow throughout the home. The kitchen provides abundant cabinet and counter space, making meal preparation a breeze. There is also room to install additional shelving for even more storage options, ensuring your kitchen remains organized. Down the hallway, you will find two well-sized bedrooms. The primary suite features an expansive walk-in closet, offering generous storage, while the second bedroom is also a good size and ideal for guests, family, or a home office. The four-piece main bathroom is conveniently located near the bedrooms. The home boasts excellent storage solutions, including a large storage room within the unit and an additional storage room accessible from the balcony, perfect for seasonal items or extra belongings. This home has been recently painted throughout, including the cabinets, walls, ceiling, doors, baseboards and casings. The result is a very clean and fresh space, completely ready for you to move in. The complex offers a variety of amenities to enhance your lifestyle, including a recreation area with a gym, badminton tables, squash court, change rooms and a meeting room with a kitchen that can be booked through the condo board. Residents benefit from a well-maintained and quiet environment, making this an ideal place to call home. With the possibility of monthly payments equal to or less than current rental rates, this home presents an excellent opportunity for homeownership in a desirable community. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1202 125 Panatella Way NW in Calgary: Panorama Hills Row/Townhouse for sale : MLS®# A2272551
1202 125 Panatella Way NW Calgary T3K 0R9
$419,500Residential- Status:
- Active
- MLS® Num:
- A2272551
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,638 sq. ft.
Discover Townhouse 1202; A full-size home with room to live and room to grow in a convenient Panorama Hills location. Here are five things we love about this home (and we’re sure you will too): 1. A FLOORPLAN MADE FOR REAL LIFE: As homes trend smaller and smaller across the city Townhouse 1202 is a breath of fresh air! Offering 1638 SqFt of refined and functional living space, 3 bedrooms + Den + Office, 2.5 bathrooms and a double attached garage, this is a full-size home! The main floor is perfectly proportioned and built around an infill-inspired central kitchen offering ample work/storage space with raised breakfast bar and pendant lighting while opening onto a gorgeous sun-filled dining area. The living room easily accommodates your furnishings with an adjacent office/homework nook while a nice-sized balcony with BBQ gas line becomes an extension of your living space in the warmer months. Upstarts the primary bedroom is wonderfully equipped with a 3-piece ensuite and walk-in closet while laundry is conveniently located just outside the primary door. Two other well-proportioned bedrooms share a 4-piece main bath. The above grade lower level offers an excellent flex space with large window and pocket doors which easily becomes a home office, guest suite or playroom depending on your needs along with access to your full-size double (not tandem) garage. 2.LOCATION IN THE COMPLEX: Townhouse 1202 is located on the corner of the front row of the complex. This means you not only have windows on three sides but no one looking in/blocking your natural light coming through your South facing windows. 3. A CONVENIENT NORTHWEST COMMUNITY: Panorama Hills is a popular, established neighbourhood located in Northwest Calgary. Residents enjoy easy access to many shops, services and amenities while commuting to downtown or to the mountains is a breeze with easy access to Stoney Trail, Harvest Hills Boulevard and 14th Street. From Townhouse 1202 you are walking distance to the amazing Vivo Rec Centre and dozens of shops, restaurants and professional services at Coventry Hills Centre, the library and North Trail Highschool. 4. AMAZING NATURAL LIGHT: An end unit combining South, West and North exposures with oversize window and 9’ ceilings ensure this home is full of all-day natural light. 5. WORK FROM HOME? Not a problem here! Uniquely designed with flexible spaces this home offers not only a good-sized den (which could easily double as a guest room) but an office nook/homework station off the living room offering flexibility and options depending on your needs/lifestyle. 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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128 Marquis Lane SE in Calgary: Mahogany Row/Townhouse for sale : MLS®# A2272660
128 Marquis Lane SE Calgary T3M 2G6
$428,900Residential- Status:
- Active
- MLS® Num:
- A2272660
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,326 sq. ft.
Welcome to this charming 2-bedroom plus den townhouse nestled in the picturesque lake community of Mahogany! Perfect for investors, first-time buyers, or those looking to downsize, this home showcases a modern open-concept design with 9-foot ceilings that seamlessly connect the living room, dining area, and chef’s kitchen. The kitchen is a standout, featuring sleek granite countertops with an extended island, stainless steel appliances, pantry, and ample storage. Step out onto the sunny balcony with gas line, ideal for barbecues and evening sunsets. Upstairs, you’ll find two spacious primary bedrooms, each with its own ensuite and generous closets—offering privacy and convenience whether for family, roommates, or guests. A versatile den on the main floor adds extra flexibility for a home office, reading nook, or hobby space. Additional features include newer carpet upstairs, air conditioning, upstairs laundry, and a two-piece bath on the main floor. The tandem garage provides room for two vehicles or extra storage, with direct access to the back lawn, while the private driveway allows parking for a third vehicle. The well-managed complex is built with durable James Hardie siding and offers visitor parking close by. Enjoy all that Mahogany has to offer—four-season lake access, a vibrant community center, playgrounds, walking paths, and trendy shops and restaurants nearby. This beautifully appointed townhouse is move-in ready and a great opportunity to experience the best of Calgary’s premier lake community living. More detailsListed by MaxWell Canyon Creek- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2 112 Erin Grove Close SE in Calgary: Erin Woods Row/Townhouse for sale : MLS®# A2272674
2 112 Erin Grove Close SE Calgary T2B 2T4
$339,000Residential- Status:
- Active
- MLS® Num:
- A2272674
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,125 sq. ft.
PRICE TO SELL | DETAILED RENOVATION LIKE A SHOWHOME | LOT OF CUSTOM WORK | All New LVP Flooring | Custom Electric Fireplace | Brand New Kitchen Matte Cabinet | Brand New Kitchen Appliance from Costco | All Quarzt Counter Top through the house | Custom Standing Shower | New Hardware and Doors | Brand New Deck | Brand New 3 Windows in all 3 Bedrooms | Newer Window Living Room | Newer Furnace | Brand New Zebra Blind in Main Floor. Welcome to #2, 112 Erin Grove Close SE, a 3 bedroom 1.5 bath two-storey townhome nestled in the heart of Calgary’s Erin Woods community. This home has been fully renovated from top to bottom with premium materials, exceptional craftmanship, functional and style. Luxury vinyl plank floor throughout the house, brand new bedroom windows, brand new kitchen cabinets brand new appliances and bathroom amenities, new deck. Back lane is accessible with one assigned parking slot, and lots of parking right in front of the house. On entering the main foyer, you will find a bright living room, with large windows and a stylish fireplace providing a cozy and modern feel. Kitchen has been fully renovated with quartz counter top, with a large windows overlooking the deck and backyard. Upstairs boasts 3 good sized bedrooms and a full bathroom with modern lights and standing shower. The basement is spacious and not finished, awaiting your personal touch. Located in the tranquil Erin Woods neighborhood, this home is just minutes from schools, parks, shopping, and offers easy access to Deerfoot and Stoney Trail, making commuting a breeze. The area is known for its quiet streets and abundance of green spaces—ideal for families and outdoor enthusiasts. Affordable and move-in ready, this house is a gem and can't be missed. Book your showing today before it's gone. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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209 611 Edmonton Trail NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2272514
209 611 Edmonton Trail NE Calgary T2E 3J3
$224,990Residential- Status:
- Active
- MLS® Num:
- A2272514
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 684 sq. ft.
Welcome to Arcadia at Crescent. This newly built (2014) and beautifully maintained 684 sq. ft. one-bedroom, one-bathroom condo is just steps from downtown Calgary in the heart of Crescent Heights. This spacious unit offers a surprisingly large living area for a one-bedroom layout, in-suite laundry, titled secure underground parking, elevator access, and a dedicated bike storage room. The interior features tile flooring in the kitchen and bathroom, complemented by laminate flooring throughout the living room and bedroom. The modern kitchen is equipped with quartz countertops and stainless steel appliances, while the bathroom is finished with quartz counters to match. A highlight of this home is the large west-facing covered balcony, facing away from Edmonton Trail to provide a quiet, sunny retreat and ensuring the interior stays peaceful year-round; perfect for relaxing afternoons or sheltered winter barbecues. Mere blocks from downtown and surrounded by parks, tennis courts, basketball courts, greenspace, the Bow River pathway, and the vibrant restaurants, cafés, and shops of Bridgeland, this home delivers the ideal blend of urban convenience and community charm. Book your showing today. This one won’t last! More detailsListed by Century 21 Bravo Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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384 Copperpond Landing SE in Calgary: Copperfield Row/Townhouse for sale : MLS®# A2272564
384 Copperpond Landing SE Calgary T2Z 1G6
$434,900Residential- Status:
- Active
- MLS® Num:
- A2272564
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,334 sq. ft.
Welcome to 384 Copperpond Landing SE—a townhome in Aura of Copperfield, this 3-bed, 2.5-bath blends thoughtful upgrades with everyday function. Inside, the open main floor is anchored by a stylish living room with tile fireplace surround, a defined dining area, and a chef-friendly kitchen featuring soft-close cabinetry with upgraded hardware, granite counters, an oversized stainless sink, and a stainless steel appliances including a newer stove (Nov 2023) and fridge (Apr 2022). A convenient powder room completes the level. Upstairs, the spacious primary bedroom offers a 4-pc ensuite with granite, tiled floors, and subway-tile surrounds—finishes echoed in the additional bathroom. Two additional bedrooms complete this upper level. Cohesive laminate flooring on the main and upper level. The basement is unfinished offering many future development opportunities, featuring new washing machine (Apr 2025) and dryer in the basement make it truly move-in ready. Enjoy sunsets on the covered, west-facing patio, overlooking a treed green space—a peaceful backdrop for morning coffee or golden-hour unwinds. The front single attached garage connects to the main level with extra storage, plus a garage door opener (Sept 2022). The unit is located conveniently near visitor parking for guests, or apply on the waitlist for additional parking. This condo allows for pets with board approval. Steps from community ponds, playgrounds, and pathways—including Wildflower Pond—and close to New Brighton Athletic Park; minutes to the Brookfield Residential YMCA at Seton and the South Health Campus. Quick access to 130 Ave SE/South Trail Crossing and Seton shopping; commuter-friendly via Stoney Trail, Deerfoot Trail, and 52 St SE; nearby schools include Copperfield School (CBE K–5), St. Isabella (CCSD K–9), and Joanne Cardinal-Schubert High School (CBE, Seton). Book your showing today! 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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708 108 15 Avenue SE in Calgary: Beltline Apartment for sale : MLS®# A2272604
708 108 15 Avenue SE Calgary T2G 5R9
$450,000Residential- Status:
- Active
- MLS® Num:
- A2272604
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,271 sq. ft.
This 2 storey penthouse enjoys uninterrupted 180° city views and a bright, inviting layout designed for relaxed living and effortless entertaining. Soaring 18’ ceiling height combines with oversized windows to create an uplifting main floor living room where natural light defines the space, while a gas fireplace adds warmth on cooler evenings. Patio sliders extend the room onto the 1st west facing balcony where skyline views set a stunning backdrop for morning coffees, quiet breaks or casual after-work unwinding. Beautifully updated, the kitchen delivers abundant 2 toned cabinetry, generous prep space, a raised breakfast bar for easy meals and clear sightlines into the dining area that supports comfortable hosting. A bold chevron feature wall and distinctive lighting give the dining room character and personality, adding visual interest without sacrificing function. Conveniently a powder room and in-suite laundry complete the main level. Ascend the modern geometric railed staircase to the upper level where an open to below loft provides valuable flexibility for a home office, creative studio or fitness space. The primary bedroom offers a restful retreat with access to the 2nd west balcony, ideal for peaceful evenings or weekend lounging and includes a walk-in closet for practical storage. A second bedroom sits nearby and pairs easily with a well kept 4 piece bathroom. Titled underground parking adds to your safety and convenience. Phenomenally location to support an easy, walkable lifestyle with immediate access to favourite local pubs, restaurants and cafés along both 4th Street and Uptown 17th. Enjoy the close proximity to the LRT Station, downtown core, Stampede Park and the MNP Community & Sport Centre all within minutes, while surrounding amenities deliver endless options for shopping, fitness and entertainment. This penthouse blends lively urban energy with private top floor comfort in one of Calgary’s most connected inner-city settings. 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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19 Sunlake Gardens SE in Calgary: Sundance Row/Townhouse for sale : MLS®# A2272708
19 Sunlake Gardens SE Calgary T2X 3G4
$537,000Residential- Status:
- Active
- MLS® Num:
- A2272708
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,501 sq. ft.
This beautifully updated townhome offers the perfect blend of comfort, style, and an ideal location. With 3 bedrooms and 2 bathrooms, this bright and spacious home sits in one of the best spots in the complex—featuring two private decks, including one off the kitchen and another off the primary bedroom for peaceful mornings or sunset views. The newly renovated kitchen includes granite countertops, modern appliances, and fresh finishes, opening into a large, airy living room with plenty of space for both lounging and dining. The layout easily accommodates a full-sized dining table—perfect for hosting family gatherings or even Christmas dinner. Laminate flooring enhances the main level, while the lower level features durable vinyl flooring and a cozy fireplace, creating a warm and inviting space for relaxation or entertaining. Thoughtful upgrades include a new furnace, A/C unit, and motorized blinds in the living room, ensuring year-round comfort. The single attached garage and driveway provide convenient parking for two vehicles. Located in the desirable lake community of Sundance, you'll enjoy year-round lake access—swimming and beach days in the summer, skating in the winter—and you're just minutes from Fish Creek Park and top-rated schools. With a freshly renovated bathroom, updated finishes, and a welcoming feel throughout, this home is truly move-in ready. If you’re looking for a beautifully updated townhome in a prime lake community that offers comfort, convenience, and style—this is the one. More detailsListed by RE/MAX Landan Real Estate- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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51 Redstone Circle NE in Calgary: Redstone Row/Townhouse for sale : MLS®# A2270940
51 Redstone Circle NE Calgary T3N 0M8
$390,000Residential- Status:
- Active
- MLS® Num:
- A2270940
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,416 sq. ft.
Flooded with natural light and situated on a safe, family-friendly street, 51 Redstone Circle NE offers a bright, contemporary townhome with thoughtful upgrades and a layout designed for comfort and low-maintenance living. With patio balconies on both sides of the main floor—one overlooking an open field and future school site, the other extending from the kitchen toward the quiet drive—this home embraces indoor–outdoor living in a uniquely functional way. The main living level features an open-concept design highlighted by quartz countertops, modern finishes, and a well-appointed kitchen equipped with Frigidaire stainless steel appliances, including a stove, fridge, microwave hood fan, and dishwasher. Abundant natural light flows through large windows, all finished with included window coverings, while thoughtful upgrades such as wall mounts add convenience for your entertainment setup. Upstairs, comfort continues with a dedicated laundry area featuring a Samsung washer and dryer, along with two well-sized bedrooms and additional storage. The home has been meticulously cared for—no pets and no kids—resulting in a clean, like-new interior ideal for move-in readiness. The entry level offers a single tandem garage, providing secure parking for two vehicles or extra space for storage, a workshop, or recreational gear. Whether you're a first-time buyer, investor, or downsizing, this versatile layout delivers both functionality and efficiency. Additional features include: All furniture negotiable, Window coverings included, Two balconies for added outdoor living space, Clean, well-maintained interior. Set in the growing community of Redstone—known for its access to parks, future schools, pathways, shopping, and major commuter routes—this home offers a rare blend of value, location, and style. With its bright interior, modern finishes, and move-in-friendly condition, 51 Redstone Circle NE is a standout opportunity in the northeast. *Entry level measurements added to main floor measurements* More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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201 2124 17 Street in Calgary: Bankview Apartment for sale : MLS®# A2270363
201 2124 17 Street Calgary T2T 4M4
$420,000Residential- Status:
- Active
- MLS® Num:
- A2270363
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 986 sq. ft.
Rare corner unit in Bankview! Welcome to FLAT17, a well-managed, boutique building with only one long-term owner for this suite. This second-floor corner unit offers a functional open layout, large windows, and an elevated level of privacy with no high-rise buildings with a view into the unit. Enjoy downtown views from your living room and watch seasonal fireworks from the comfort of home. The unit has been carefully maintained with several recent upgrades, including: new wall A/C (2025, under warranty), fresh paint throughout (2025), new garburator (2025), new deck covering (2025), new american standard Tofino Dual Flush in both bathrooms (2025), new low decibel exhaust fans in both bathrooms (2025), new bathroom faucets (2025), new kitchen faucet (2025), and luxury vinyl plank flooring (2023). Additional features include, all stainless steel appliances, natural gas stove and custom exhaust fan, an underground heated parking stall and a separate storage unit. FLAT17 offers secure access and an ideal inner-city location close to 17th Avenue, shops, restaurants, schools, and major routes such as Crowchild Trail, Glenmore, and Deerfoot. A rare opportunity — units in this building seldom come on the market. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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310 2204 1 Street SW in Calgary: Mission Apartment for sale : MLS®# A2272318
310 2204 1 Street SW Calgary T2S 1P4
$252,000Residential- Status:
- Active
- MLS® Num:
- A2272318
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 624 sq. ft.
Located in the inner-city community of Mission, this inviting third-floor apartment condo offers the convenience of urban living in a quiet setting just steps from everything. A short walk brings you to the shopping, restaurants, and pubs along 4th Street and 17th Avenue, with schools, the Stampede grounds, and the Calgary Saddledome also close by. The river pathway system is right next door, providing easy access for cycling, walking, or enjoying the outdoors, and the downtown core or Prince’s Island Park are easily reached on foot or with a short drive. The unit features a spacious living room, a galley-style kitchen with an open breakfast bar, a comfortable bedroom, and a four-piece bathroom. Additional conveniences include in-suite storage, a generous balcony, and underground parking in a secure parkade complete with a carwash. Tucked away from the main streets, this home offers a peaceful place to live while keeping you connected to all the best that the area has to offer. More detailsListed by TREC The Real Estate Company- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated November 26, 2025 at 02:05 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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