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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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205 2440 34 Avenue SW in Calgary: South Calgary Apartment for sale : MLS®# A2270806
205 2440 34 Avenue SW Calgary T2T 2C8 
$295,000Residential- Status:
- Active
- MLS® Num:
- A2270806
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 718 sq. ft.
Experience the best of both serenity and vibrant Marda Loop living in this bright and spacious 718 sq ft one-bedroom condo with a titled underground parking stall. Ideally located on the south side of 33rd Ave, directly across from Safeway, this quiet home offers an east-facing balcony overlooking beautifully maintained landscaping and enjoys natural light throughout the day. The open layout includes a generous living area and convenient breakfast bar seating. Updates include a newer microwave and dishwasher, plus a new kitchen window that opens to create a refreshing cross breeze. You’ll also appreciate the in-suite laundry room with extra storage. Valhalla is a well-managed complex featuring a private central courtyard and underground visitor parking, all just steps from the fantastic shops, restaurants, and services of Marda Loop and Garrison Woods. Pets are welcome with board approval, and low condo fees of $416/month include heat, water, and sewer. Commuting is a breeze—whether heading out directly from 33rd Ave or via the Flanders exit through Garrison, you’ll be home and relaxing while others are still waiting at the lights. Location matters! More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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38 1055 72 Avenue NW in Calgary: Huntington Hills Row/Townhouse for sale : MLS®# A2271629
38 1055 72 Avenue NW Calgary T2K 5S4
$350,000Residential- Status:
- Active
- MLS® Num:
- A2271629
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,048 sq. ft.
GORGEOUS, EXTENSIVELY RENOVATED 3 bedroom condo in the heart of Huntington Hills – close to schools, shopping and the scenic Nose Hill Park! Offering 1047 sqft of developed living space, the main level features living, dining, and kitchen areas, plus a mudroom with direct access to a private, fully fenced backyard. Upstairs, three generous bedrooms share a 4-piece full bath, providing comfortable family living. The list of upgrades is endless – freshly painted with newer flooring and carpet throughout. Newer kitchen appliances, countertops and cupboards, newer doors and windows, closet doors, sliding door to balcony, light fixtures, ceiling fan, and window coverings. Convenient lower-level laundry room and plenty of storage. Washer, dryer, furnace, and hot water tank were all replaced in 2022 for added peace of mind. Enjoy an attached carport (10'8" x 17'3") plus driveway (space for two vehicles) and plenty of visitor parking. The front balcony (3’6” x 17’4”) spans the entire length of the home and is accessible from the sunny living room area—perfect for morning coffee or evening relaxation. Pets allowed with Board Approval. Must be seen – you will be impressed! More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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109 1632 20 Avenue NW in Calgary: Capitol Hill Row/Townhouse for sale : MLS®# A2272619
109 1632 20 Avenue NW Calgary T2M 1G8
$585,000Residential- Status:
- Active
- MLS® Num:
- A2272619
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,985 sq. ft.
Experience modern inner-city living at its finest in this beautifully designed 3-storey townhouse, perfectly situated in the desirable community of Capitol Hill. This contemporary home blends style, comfort, and practicality, offering a thoughtfully crafted layout ideal for today’s urban lifestyle. Step inside and be greeted by soaring ceilings on every level, creating a bright and spacious feel throughout. The main floor features a welcoming living area that flows seamlessly into the open-concept kitchen, highlighted by quartz countertops, upgraded stainless steel appliances, and plenty of cabinet space—perfect for everyday living or entertaining guests. Just off the kitchen, enjoy your own private enclosed patio, a great spot to relax on summer evenings. A convenient powder room completes the main level. On the second floor, you’ll find a generous family room and a luxurious primary suite with dual closets and a beautifully finished 4-piece ensuite featuring a fully tiled, ceiling-height walk-in shower. The third level offers two additional spacious bedrooms, a full 3-piece bath, and a dedicated laundry area for added convenience. One of the unique features of this home is the titled underground parking stall with private, direct access from your basement—providing both security and ease of entry, along with extra storage space. The property is fully fenced and professionally landscaped, adding to its curb appeal and charm. Located minutes from the University of Calgary, Foothills Medical Centre, downtown, Confederation Park, and the Calgary Pathway System, this home offers unbeatable access to everything the inner city has to offer. Commuting is effortless with a bus stop just steps away and the LRT station only minutes from your door. Enjoy a vibrant lifestyle surrounded by restaurants, cafés, shops, and amenities—all within a short drive. Whether you’re a professional, a young family, or an investor, this home delivers exceptional value in one of Calgary’s most connected and sought-after neighbourhoods. Don’t miss the opportunity to make this stunning townhouse your new home. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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19 West Coach Manor SW in Calgary: West Springs Row/Townhouse for sale : MLS®# A2271897
19 West Coach Manor SW Calgary T3H 1R7
$500,000Residential- Status:
- Active
- MLS® Num:
- A2271897
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,124 sq. ft.
Welcome to this well-maintained 3-bedroom, 2.5-bath townhouse in one of Calgary’s most sought-after communities— West Springs. Perfectly designed for a growing family, this home combines comfort, style, and convenience. Step inside to a sun-filled layout, creating a modern and easy-care space. Large windows bathe the home in natural light, while the finished basement offers flexible space for a playroom, media area, or home office. Upstairs, three spacious bedrooms include a serene primary suite with its own ensuite, while the additional bathrooms provide practicality for busy mornings. The deck off the main level is ideal for summer barbecues and evening relaxation. This non-smoking, pet-free home is move-in ready and located in a quiet neighbourhood that’s a short stroll to playgrounds, a convenient bus stop, and minutes from downtown Calgary. More detailsListed by RE/MAX Real Estate (Mountain View)- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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4311 7A Avenue SE in Calgary: Forest Heights Row/Townhouse for sale : MLS®# A2272535
4311 7A Avenue SE Calgary T2A 3A6
$419,900Residential- Status:
- Active
- MLS® Num:
- A2272535
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,104 sq. ft.
5000+ SQFT FULLY FENCED AND GATED YARD! NO CONDO FEES! FULLY RENOVATED! CLOSE TO ALL AMENITITES! Welcome to this NO CONDO FEE TOWNHOME in the AMENITY RICH COMMUNITY OF FOREST HEIGHTS! You are ONLY MINUTES FROM DOWNTOWN, INTERNATIONAL AVENUE, STONEY TRAIL SE AND DEERFOOT TRAIL SE! This FULLY RENOVATED TOWNHOME SITS ON A 5000+ SQFT LOT WITH A FULL FENCE AND GATE! Step inside the home to be greeted with MODERN FINISHES such as LUXURY VINLY PLANK, MDF SHELVING, BUILT-IN SHELVES AND ELECTRIC FIREPLACE, BRAND NEW FLOOR TO CEILING KITCHEN AND STAINLESS STEEL APPLIANCES! The MAIN FLOOR has a HUGE LIVING ROOM with a BUILT-IN ELECTRIC FIREPLACE WITH STORAGE! The KITCHEN IS BRAND NEW WITH FLOOR TO CEILING CABINETS AND STAINLESS STEEL APPLIANCES! The KITCHEN is connected to the DINING ROOM that OVERLOOKS FOR YOUR 5000+ SQFT LOT! Make your way up the stairs to find BEAUTIFUL GLASS RAILING leading to the UPPER LEVEL TO BE GREETED WITH 3 BEDROOMS (ONE OF WHICH IS THE HUGE PRIMARY BEDROOM) and a FULLY RENOVATED 4PC BATHROOM! The BASEMENT IS FULLY FINISHED in the SAME FINISHINGS AS THE UPPER LEVELS with an ADDITIONAL BEDROOM/OFFICE/GYM/MEDIA ROOM, your LAUNDRY and ANOTHER 4PC BATHROOM! The home also has UPDATED WINDOWS AND VINYL SIDING. This HOME IS MOVE IN READY AND PERFECT FOR THE GROWING FAMILY, YOUNG PROFESSIONAL. The LARGE LOT is perfect for FAMILY GATHERINGS, KIDS AND EVEN PETS! The home is only 15 MINUTES TO DOWNTOWN YYC, and ONLY 18 MINUTES TO YYC AIRPORT! There are many schools and shopping centers nearby as well! More detailsListed by Real Broker- 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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8305 1802 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2272668
8305 1802 Mahogany Boulevard SE Calgary T3M 1X6
$380,000Residential- Status:
- Active
- MLS® Num:
- A2272668
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 700 sq. ft.
Welcome to Waterside in Mahogany — Calgary’s premier four-season lake community. This brand-new, beautifully upgraded 2-bedroom, 2-bathroom condo combines modern design with outstanding convenience, just steps from Mahogany Lake and the shops and services of Mahogany Plaza. This building is Waterview. The Findlay 2 Floor Plan offers over 700 sq. ft. of open-concept living space, this home features 9 ft. ceilings, large windows, and a bright, contemporary layout. The spacious primary bedroom includes custom upgraded walk-in closet shelving and a private ensuite. The modern kitchen is equipped with quartz countertops, stainless steel appliances, and upgraded pot lighting above the island for enhanced functionality. Both bathrooms have been thoughtfully improved—extra vanity drawers in the guest bath and redesigned deep-drawer storage in the primary ensuite add valuable everyday convenience. An in-suite laundry room provides additional ease. The living area features a custom TV mounting zone with a raised power outlet, fire-rated drywall chase for concealed wiring, and reinforced backing to safely support your TV installation. Step outside onto the large covered deck, ideal for morning coffee or unwinding in the evening. As part of Mahogany, residents enjoy full lake access, free use of paddle boards, kayaks etc. as well as an extensive network of walking/bikeing paths, and beautifully maintained parks. Mahogany Plaza is just moments away, offering restaurants, cafés, a grocery store and numerous daily essentials including a spa, dentist, and car wash. Commuting is effortless with quick access to Stoney Trail and Deerfoot Trail. Perfect for first-time buyers, downsizers, or investors, this efficient floor plan in a high-demand community presents an exceptional opportunity. This building is lake front! More detailsListed by 2% Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2 3015 51 Street SW in Calgary: Glenbrook Row/Townhouse for sale : MLS®# A2272709
2 3015 51 Street SW Calgary T3E 6N5 OPEN HOUSE: Nov 29, 202502:00 PM - 04:00 PM MSTOpen House on Saturday, November 29, 2025 2:00PM - 4:00PM
$295,000Residential- Status:
- Active
- MLS® Num:
- A2272709
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,264 sq. ft.
Welcome to Glenbrook Meadows, where comfort, privacy, and convenience come together in this bright and spacious two-storey end-unit townhouse. Offering over 1250 square feet of living space, this home features two bedrooms, one bathroom, and thoughtful updates throughout. The upgraded kitchen and bathroom were refreshed in 2012, and all new vinyl windows were installed in 2021, bringing in natural light and improving energy efficiency. Major appliances have also been updated over the years, including a new refrigerator in 2024, an oven in 2015, and a water heater in 2017, giving buyers added peace of mind. Being an end unit means fewer shared walls, more windows, and a greater sense of privacy. You’ll love having your own balcony for morning coffees or winding down at the end of the day. The layout is comfortable and functional, with plenty of room to live, relax, and entertain. Low condo fees keep monthly costs manageable, and visitor parking makes having friends and family over easy. The location is a major highlight. Glenbrook is known for its friendly, established community feel, quick access to transit, and proximity to parks, schools, and shopping. A grocery store is just a short walk away and commuting is simple to downtown. Whether you're heading to the office, grabbing dinner with friends, or exploring nearby amenities, everything is within easy reach. This home is ideal for first-time buyers looking for space, value, and a move-in-ready property in a central Calgary community. With its updates, privacy, and unbeatable location, this townhouse is the perfect place to start your next chapter. 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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412 5 Saddlestone Way NE in Calgary: Saddle Ridge Apartment for sale : MLS®# A2272368
412 5 Saddlestone Way NE Calgary T3J 0S2
$229,000Residential- Status:
- Active
- MLS® Num:
- A2272368
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 681 sq. ft.
Are you looking for a smart investment or a place to call your own at an attractive price point with low condo fees? This could be the one. This fantastic condo delivers comfort, practicality, and real value with low condo fee’s. Situated on the TOP FLOOR , this MOVE-IN-READY unit offers a fabulous peaceful PARK/POND VIEW and a setting you’ll appreciate every day. This well-kept and spacious 2-bedroom, 1-bathroom condo is located in the family-friendly, amenity-filled community of Saddle Ridge. The location is hard to beat, with quick access to the Saddletown C-Train Station, the Genesis Centre, nearby restaurants, and an excellent proximity to a network of walking and biking paths. This bright top-floor unit spans nearly 700 sq. ft. and features an open-concept layout designed to make the most of the space. From the main living area, step onto the sun-filled south-facing balcony and take in relaxing views of the park and scenic pond — a great place to recharge or host guests. The kitchen flows seamlessly into the main living space and includes stone countertops, rich dark cabinetry, & generous counter space. The additional large counter makes it the perfect spot for everyday use, casual meals or hosting family and friends. The comfortable living room provides a peaceful place to relax after a long day. The dining area makes it easy to gather with family and friends for meals and special occasions. In-suite laundry adds everyday convenience and functionality. The primary bedroom offers plenty of room to unwind and includes a large closet, while the second bedroom is also nicely sized and features its own closet. A 4-piece bathroom completes the layout with stylish stone counters. Step outside to your balcony, ideal for BBQs, fresh air, and quiet moments outdoors. Other notable features include IMMEDIATE POSSESSION AVAILABILITY, low condo fees, and a conveniently located parking stall close to the main entrance. The elevator is also conveniently located close to your unit for easy access in and out. This home offers excellent value for first-time buyers, professionals, downsizers, or anyone looking for a reliable investment opportunity. Schedule your showing today and come see everything this property has waiting for you! 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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311 290 Shawville Way SE in Calgary: Shawnessy Apartment for sale : MLS®# A2272288
311 290 Shawville Way SE Calgary T2Y 3Z9
$285,000Residential- Status:
- Active
- MLS® Num:
- A2272288
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 931 sq. ft.
Welcome to this beautifully renovated 2-bedroom, 2-bathroom condo in the highly sought-after community of Shawnessy, offering the perfect blend of modern comfort and unbeatable convenience. Featuring brand-new flooring, fresh paint, updated baseboards, and a new hood fan, this bright open-concept home is truly move-in ready. The spacious living and dining areas flow seamlessly into a stylish kitchen with crisp white cabinetry, a chic backsplash, and a large island that seats four, while the in-suite laundry room provides extra pantry and storage space. A heated underground parking stall and storage locker add everyday ease. Just steps from the Somerset/Bridlewood LRT Station and directly across from Shawnessy Village Shopping Centre, you’ll enjoy quick access to restaurants, groceries, banks, fitness centers, and more, plus nearby tennis courts, splash park, and walking trails for outdoor enjoyment. With easy connections to Sun Valley Blvd, Macleod Trail, and Stoney Trail, this condo is ideal for first-time buyers, downsizers, or investors looking for a turnkey property in a prime location—book your showing today before it’s gone! More detailsListed by WExcel- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
-
12 Royal Oak Lane NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2272489
12 Royal Oak Lane NW Calgary T3G 6B5
$474,900Residential- Status:
- Active
- MLS® Num:
- A2272489
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,404 sq. ft.
Welcome to 12 Royal Oak Lane NW, a beautifully designed four-level split townhouse offering over 1,400 sqft of developed living space and exceptional privacy with two spacious bedrooms - each with its own ensuite. Step into the inviting heated foyer, leading up to a stunning main living area with dramatic 12-ft ceilings, oversized windows, and a cozy gas fireplace that creates an elegant yet comfortable atmosphere. From here, garden-style French doors open to a full concrete patio and fenced yard - a rare outdoor retreat with direct access to community green space and the shared gazebo. The upper level features a bright kitchen and dining space overlooking the main floor, complete with sleek cabinetry, a built-in oven, and access to the south-facing balcony - perfect for morning coffee or evening relaxation. Upstairs, both bedrooms are thoughtfully separated for privacy, each offering a walk-in closet and 4-piece ensuite, with the primary suite showcasing serene mountain views. The lower level provides additional versatility - ideal for a home office, fitness area, or future development. An oversized attached single garage plus driveway parking and convenient visitor stalls right outside complete this impressive home. Set in the family-friendly community of Royal Oak, residents enjoy access to highly regarded nearby schools, scenic parks and pathways, and an exceptional selection of shopping and amenities. Multiple retail plazas are only minutes away, offering grocery stores, restaurants, medical and professional services, and fitness options. The nearby Shane Homes YMCA at Rocky Ridge provides state-of-the-art recreational facilities, while quick access to major roadways makes commuting effortless. A standout opportunity for first-time buyers, downsizers, or anyone seeking a low-maintenance home with elevated style. Book your showing today! More detailsListed by Royal LePage Solutions- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated November 27, 2025 at 04:05 PM (UTC)
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Why Buy an Investment Property in Calgary?
- Generate a second source of stable income by renting out the property or turning it into an Air BnB, creating more financial freedom and / or stability
- Build equity and wealth which will grant you more leverage to buy more properties and increase cash flow even more
- Appreciation can help you turn a profit when it’s time to sell
Calgary Multi-Family Investment Properties
Investors often look towards condos and townhomes when browsing for real estate investment opportunities in Calgary. Multi-family properties have much lower maintenance than their single-family counterparts and are more affordable on a comparative basis which means less expenses on things like property tax, landscaping and other associated costs.
One-bedroom condos in Calgary’s city centre with around 500 square feet starting at $1,200 is not uncommon to see. Two-bedroom units usually range from $1,700 and up, although these actual figures vary depending on a number of factors such as building age, community, and square footage.
Find many condo investment opportunities in these popular areas of downtown and the inner city:
- East Village Condos for Sale
- Kensington Condos for Sale
- Eau Claire Condos for Sale
- Downtown Condos for Sale
- Downtown West End Condos for Sale
Townhomes also present an excellent investment opportunity. Suburban units in communities like Evanston, Legacy and Saddle Ridge, for example, offer large square footage and in some cases double-attached garages. These rental properties can command a starting price anywhere from the $1,600 to $1,800 range depending on the features and location of the home.
Inner city townhomes also present a great opportunity for investors as they are in higher demand and command a higher rental price, but the initial capital investment will be larger versus a suburban unit:
Suburban multi-family units are also a sound investment with a much lower initial cost, but also will command a lower rent than their inner city counterparts. Discuss your real estate goals with an experienced Realtor® who will be able to help you make the best decision for your wants and needs as an investor.
Considerations Before Investing in a Rental Property
#1 – Neighbourhood
The community you decide to buy in will determine the type of tenants you attract and the monthly rent you can charge. Buying a property in Calgary near a post-secondary institution, for example, will attract students looking for more affordable prices. A residence in the inner city near a train station would likely attract urban professionals working in the city centre who have more cash flow.
#2 – Walkability
Investment properties in the city centre of Calgary offer much more walkability than similar units in a suburban community. Being able to walk to a restaurant down the street rather than jumping in the car and driving for several minutes adds value to any rental property and will help you command a larger rent.
#3 – Amenities
Once again, amenities relate to the location of your investment property in Calgary. A unit with quick-and-easy access to recreation centres, outdoor parks, public transportation, shopping malls, river pathways and other major amenities will provide the opportunity to ask for a higher rent per month.
#4 – Property Taxes
Investing in Calgary real estate means you’ll have property tax to pay. Just how much is the average annual cost for this in your area, and does the cost make it not a feasible property to buy from a financial standpoint? Consider taxes before making any moves!
#5 – Vacancies and Units Available
Investing in real estate in a saturated market will require you to lower rent to attract tenants. The whole purpose of a second income is to maximize its potential, so consider doing some research on the number of units available within a certain area of the city before buying a property as an investment.
Contact an Investment Property Specialist
Thinking about investing in Calgary real estate? As highly experienced Realtors® in Calgary, we’ve helped many locals and foreigners alike navigate the investment property market and would love to put our knowledge and skillset to work for you.
Contact Cody and Jordan direct anytime at 403.370.4008 to discuss your real estate plans! Get a 100% Free, No-Obligation Evaluation for your property in Calgary today!
We are looking forward to helping you accomplish your real estate goals!
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