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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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333 110 18A Street NW in Calgary: West Hillhurst Apartment for sale : MLS®# A2267035
333 110 18A Street NW Calgary T2N 5G5 
$479,900Residential- Status:
- Active
- MLS® Num:
- A2267035
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 614 sq. ft.
Discover modern city living at Frontier, a boutique development by Truman ideally situated in the heart of Kensington—one of Calgary’s most walkable and culturally rich neighbourhoods. This 2-bedroom, 1-bathroom condo is a smartly designed space that balances style and functionality, making it an excellent choice for urban professionals, couples, or savvy investors. The open-concept layout is filled with natural light, offering a contemporary flow that maximizes efficiency in every square foot. The streamlined kitchen features quartz countertops, full-height cabinetry, and premium stainless steel appliances—all connected seamlessly to the bright, airy living area, perfect for hosting friends or unwinding after work. Both bedrooms are designed with comfort and flexibility in mind—ideal for restful nights, a productive work-from-home setup, or accommodating guests. The sleek 4-piece bathroom is finished with clean, modern details, combining function with a spa-inspired feel. Additional features include one titled underground parking stall and access to exclusive resident amenities such as a fully equipped fitness centre, co-working lounge, secure bike storage, and a beautifully landscaped private terrace. Just steps from boutique shops, cafés, acclaimed dining, scenic river pathways, LRT stations, and Calgary’s downtown core, Frontier offers exceptional value and location for those looking to live or invest in one of the city’s most vibrant communities. *Photo Gallery of Similar Unit* More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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5308 70 Panamount Drive NW in Calgary: Panorama Hills Apartment for sale : MLS®# A2270098
5308 70 Panamount Drive NW Calgary T3K 5Z1
$328,800Residential- Status:
- Active
- MLS® Num:
- A2270098
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 831 sq. ft.
Opportunity Knocks! Discover this recently renovated TOP-FLOOR apartment offering 2 Bedrooms + Den, 2 Baths, and 831 sq. ft. of stylish living in Panorama Hills. Step inside to find updated luxury vinyl plank flooring and a 9-ft ceiling that enhances the open, airy feel. The bright Living Room features a large window and access to your private balcony with gas hookup, perfect for enjoying fresh air and outdoor cooking. The Kitchen stands out with brand-new stainless steel electric stove, fridge, and dishwasher, a newer tile backsplash, and quartz countertops with a raised eating bar. The Primary Bedroom offers comfort with a ceiling fan, walk-in closet and a 4-pc ensuite bath, while the second bedroom also includes a ceiling fan and easy access to another full bath. A versatile Den makes an ideal home office, and in-suite laundry adds convenience. Your condo fee covers all utilities—water, heat, gas, and electricity—plus a titled underground parking stall and an assigned storage unit. Visitor parking is conveniently located just outside the building. Walking distance to the bus terminal and Landmark Cinemas, and just minutes from Vivo Centre, supermarkets, and schools including Notre Dame High and St. Jerome Elementary. Move right in and enjoy the upgrades and unbeatable location! More detailsListed by Jessica Chan Real Estate & Management Inc.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3 2804 17 Avenue SW in Calgary: Shaganappi Row/Townhouse for sale : MLS®# A2266952
3 2804 17 Avenue SW Calgary T3E 6K8
$289,000Residential- Status:
- Active
- MLS® Num:
- A2266952
- Bedrooms:
- 1
- Bathrooms:
- 2
- Floor Area:
- 580 sq. ft.
Modern Minimalist Corner Townhouse – Stylish, Simple, and Sustainable Living! Located in a peaceful, well-connected inner city neighborhood, this home offers the perfect balance of urban convenience and tranquil living. Experience the beauty of simplicity in this thoughtfully designed minimalist townhouse, where clean lines and open spaces create a calm, clutter-free atmosphere. This home features an open-concept layout that seamlessly connects the living, dining, and kitchen areas— perfect for those who appreciate functional design and modern aesthetics. The kitchen comes equipped with brand-new stainless steel appliances, sleek cabinetry, and energy-efficient LED fixtures that blend form and function. Upstairs, the spacious master bedroom with double closets, providing ample storage while maintaining the minimalist aesthetic. A private balcony, ideal for morning coffee or evening relaxation. Enjoy the abundant sunlight and a serene retreat from the city’s bustle! A convenient 4 piece bathroom with tasteful designer wall completes this level, Downstairs, a spacious basement living room offers a cozy retreat for relaxing or working— ideal for movie nights or a quiet office or 2nd bedroom. The home includes a newly renovated bathroom with modern fixtures, plus a laundry room with built-in shelving for organized convenience. Throughout the home, high-end luxury vinyl plank flooring adds warmth, durability, and a refined modern touch. Outside, you’ll find a tidy yard and a welcoming front porch. With neutral color tones, high-quality finishes, and low-maintenance materials, this townhouse is ideal for anyone embracing a minimalist lifestyle — less stuff, more space, and a focus on what truly matters. Close to everything, best inner-city living with quick access to downtown, 17th Ave, and the CTrain station. Few minutes away to Shaganappi Point Golf Course, Edworthy Park, schools, playgrounds, shops, restaurants and cafés. 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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72 1055 72 Avenue NW in Calgary: Huntington Hills Row/Townhouse for sale : MLS®# A2267183
72 1055 72 Avenue NW Calgary T2K 5S4 OPEN HOUSE: Nov 15, 202502:00 PM - 04:00 PM MSTOpen House on Saturday, November 15, 2025 2:00PM - 4:00PM
$387,000Residential- Status:
- Active
- MLS® Num:
- A2267183
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,080 sq. ft.
Welcome to this spacious and beautifully renovated 3-bedroom, 2-bathroom townhouse in the highly sought-after community of Huntington Hills NW, Calgary. Situated in the well-maintained and professionally managed Huntington Ridge complex, this quiet unit with an attached garage and extra driveway parking is a rare find, offering both comfort and convenience for families, first-time buyers, or investors. Over $8,000 in recent updates include fresh paint throughout the home (walls, doors, stair handrails, and window frames), new baseboards, upgraded electrical sockets and switches, replacement of five ceiling lights, wardrobe door repairs, and more! The sunny east-facing layout with a west-facing patio fills the home with natural light throughout the day. The main floor features a generous living room with sliding doors leading to a large east-facing balcony—perfect for morning coffee—and a dining area that opens onto a fully fenced west-facing deck, ideal for entertaining or relaxing outdoors. The galley-style kitchen with extended island was fully renovated in August 2022 with new custom cabinetry, granite countertops, and a full-height ceramic tile backsplash—a $13,440 upgrade that blends modern design with everyday functionality. A renovated 2-piece bathroom with a brand new toilet completes the main level. Upstairs, you’ll find three spacious bedrooms with abundant natural light and ample closet space. The oversized primary bedroom offers beautiful city views, while the updated 4-piece bathroom and a convenient linen closet complete the upper level. The basement includes a laundry area and a large storage room that can easily serve as a home office, hobby space, or gym. This home has been thoughtfully maintained and improved over time, garage door replacement ($4,200, Sept 2022)and washer & dryer ($2,069, Feb 2016). Additional features include newer carpet, laminate and tile flooring, vinyl windows, patio door, forced-air furnace, 50-gallon hot water tank, and an upgraded main bath with jetted tub, ceramic tile, granite vanity, and modern light fixtures. Enjoy an excellent location just steps from St. Henry Elementary School and Huntington Hills Park, and only minutes to Nose Hill Park, Superstore, schools, playgrounds, and public transit. This move-in-ready townhouse offers modern upgrades, abundant natural light, and the perfect balance of quiet green space and urban convenience—an ideal place to call home. More detailsListed by Homecare Realty Ltd.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3103 1620 70 Street SE in Calgary: Applewood Park Apartment for sale : MLS®# A2269990
3103 1620 70 Street SE Calgary T2A 7Z2
$184,900Residential- Status:
- Active
- MLS® Num:
- A2269990
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 534 sq. ft.
Welcome to this main floor 1 bedroom plus den condo unit that allows pets! Great location if you enjoy walking paths, fireworks at Elliston Park in the summer, quick accessibility to Stoney Tr and public transportation, Tim's, a convenience store, and all the shopping adventures of East Hills. Which includes Costco, Walmart, movie theatres, restaurants etc. The unit includes in-suite laundry, an assigned parking stall located just outside the unit, (great if you have an automatic car starter), and all the necessities needed for a place to call home or investment. Property is vacant, move in can be quick just in time to decorate for X-mas! More detailsListed by MaxWell Capital Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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235 380 Seton Villas SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2270182
235 380 Seton Villas SE Calgary T3M 3T8
$389,900Residential- Status:
- Active
- MLS® Num:
- A2270182
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 946 sq. ft.
Welcome to Brightside Townhomes in Seton! Experience modern living in The Brubeck by Brookfield Residential - a beautifully designed home offering nearly 1,000 sq. ft. of contemporary living space across two levels, complete with two outdoor areas and a private single attached garage. The open-concept main floor is bright and inviting, featuring a wall of windows that flood the home with natural light all day long. The stylish kitchen showcases stainless-steel appliances, sleek quartz countertops, and a large peninsula with seating, overlooking the living and dining areas - perfect for entertaining or casual everyday living. A convenient 2-piece powder room and spacious corner balcony complete the main level. On the upper level, you'll find two private primary suites, each with its own ensuite bathroom. The larger primary retreat includes double closets and a private balcony, offering the perfect place to enjoy your morning coffee and is complete with a 3 piece ensuite with walk-in shower. The second primary bedroom includes a walk-in closet and full 4 pc ensuite. Laundry is thoughtfully located on the upper floor for everyday convenience. The attached single garage provides secure parking and additional storage space, while the full builder warranty and Alberta New Home Warranty offer total peace of mind. Located in the vibrant community of Seton, Brightside Townhomes offer low-maintenance living just steps from parks, pathways, restaurants, shops, and the South Health Campus. Whether you’re a first-time buyer, investor, or looking to downsize, this brand-new home is nearly move-in ready and designed for the way you live today. Please note: The home is currently under construction. Photos are from the show home and are representative of the property; exact finishes may vary. More detailsListed by Charles- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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522 Regal Park NE in Calgary: Renfrew Row/Townhouse for sale : MLS®# A2270190
522 Regal Park NE Calgary T2E 0L9 OPEN HOUSE: Nov 15, 202510:00 AM - 11:00 AM MSTOpen House on Saturday, November 15, 2025 10:00AM - 11:00AM
$344,900Residential- Status:
- Active
- MLS® Num:
- A2270190
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,206 sq. ft.
**open house Nov 15 10am to 11am**Welcome to this beautifully updated townhome tucked away in the quiet, tree-lined community of Renfrew, just minutes from downtown. This bright and inviting home in the popular Regal Park complex combines timeless charm with modern upgrades for an exceptional lifestyle. Step inside to find gleaming oak hardwood floors flowing throughout the open-concept main level, creating a warm and elegant atmosphere. The amazing kitchen is the heart of the home — complete with a central island, modern cabinetry, stainless-steel appliances, and plenty of counter space — perfect for entertaining or casual family dinners. The adjoining dining area and spacious living room are filled with natural light and open onto a private patio surrounded by mature landscaping. Upstairs, the primary bedroom offers generous proportions, a large closet, and serene views of the greenspace. The secondary bedroom is equally bright and versatile — ideal for guests, a home office, or a nursery. A stylish full bath completes the upper level. The developed basement adds valuable living space with a cozy family room or recreation area, plus ample storage for all your seasonal items and gear. You’ll love the unbeatable location — a peaceful, well-managed complex just steps to walking trails, playgrounds, and local amenities. Minutes to downtown Calgary, Bridgeland, parks, schools, and major routes like Deerfoot Trail and 16th Ave. Book your a viewing today easy to show. More detailsListed by Tink- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2114 5200 44 Avenue NE in Calgary: Whitehorn Apartment for sale : MLS®# A2270040
2114 5200 44 Avenue NE Calgary T1Y 7L4
$269,900Residential- Status:
- Active
- MLS® Num:
- A2270040
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 905 sq. ft.
Bright, open floor plan in this well cared for 904 SQFT 2 bedroom, 2 bath condo with a spacious enclosed sunroom with sunny east exposure. This beautifully maintained and professionally managed 50+ complex provides a safe + comfortable place to call home. If you are looking for a "lock & leave " lifestyle or an excellent investment this is it. Great balance of space for relaxed living. From the open kitchen with great counter space & lots of cupboards, to the good sized dining room, living room, the king-size master with 4 pc ensuite & walk-in closet plus the convenient second bedroom you will find places for your favourite furniture. The 4 piece bath has an extended vanity & lots of storage. The in-suite laundry is essential along with the extra locker & underground parking. This building has onsite management & includes a library & party room with regularly scheduled gatherings. Convenient location that is close to major shopping, transit & with easy access to the ring road. 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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204 4275 Norford Avenue NW in Calgary: University District Apartment for sale : MLS®# A2270025
204 4275 Norford Avenue NW Calgary T3B 6M2
$495,500Residential- Status:
- Active
- MLS® Num:
- A2270025
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 710 sq. ft.
Prime University District Condo – Location and Lifestyle! Welcome to this beautifully designed 2nd floor, 2-bedroom, 1-bathroom condo located just minutes from the University of Calgary, in the heart of the dynamic University District. This home is an exceptional opportunity for first-time buyers, investors, or anyone seeking a high-value, connected urban lifestyle in one of Calgary's premier communities. Step into a bright and spacious open-concept layout featuring large windows in the living room that optimize natural light. The contemporary kitchen is a chef's delight, boasting luxurious quartz countertops, full-height cabinetry, built-in and stainless steel appliances—perfect for daily living and hosting guests. Both bedrooms are generously sized, offering excellent privacy and comfort with a sleek modern bathroom. Ownership includes your own spacious private balcony—ideal for morning coffee or relaxing evenings—as well as the indispensable convenience of in-suite laundry and a highly valuable titled underground parking stall and assigned storage locker. As an owner, you gain the convenience of being steps from shops, cafes, green spaces, and public transit. With the University of Calgary just a short walk or bike ride away, this investment offers unmatched lifestyle and location appreciation potential. Don’t miss your chance to own a stunning, turnkey condo in the sought-after University District. Start building equity today! More detailsListed by Elevate Property Management- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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707 550 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2270254
707 550 Riverfront Avenue SE Calgary T2G 1E5
$295,000Residential- Status:
- Active
- MLS® Num:
- A2270254
- Bedrooms:
- 1
- Bathrooms:
- 2
- Floor Area:
- 576 sq. ft.
Modern Urban Living in East Village ! Unit 707, FIRST Building Welcome to Unit 707 in the sought after "FIRST"building, where downtown living meets comfort and style. This beautiful 1 bedroom + office, 1.5 bath condo sits on the 7th floor and offers everything you’d want in a modern home. Whether you’re an investor looking for a solid rental or a professional wanting that perfect urban lifestyle. As you step inside, you’re greeted by a dedicated office space, ideal for working from home or keeping things organized. The open concept floor plan flows effortlessly into the gourmet kitchen, featuring sleek cabinetry, quartz countertops, and stainless steel appliances; the kind of space that makes cooking feel effortless and entertaining enjoyable. The living area is bright and spacious, framed by floor to ceiling windows that fill the home with natural light. From here, step out onto your private balcony and take in the energy of East Village, one of Calgary’s most vibrant inner city communities. The primary bedroom is well sized, complete with a walk in closet and a modern ensuite bathroom with contemporary finishes. There’s also a half bath for guests, adding a touch of convenience and privacy. This unit also includes a titled underground parking stall (#158) and a private storage locker (#354) a rare combination that adds tremendous value. As a resident of the FIRST building, you’ll enjoy an impressive list of amenities: A stunning rooftop lounge with full kitchen, BBQ patio, and panoramic river and city views -Fitness center and yoga studio -Meeting rooms, game areas, and a Wi-Fi café -Guest suites and 24-hour concierge/security The location couldn’t be better, steps from the RiverWalk pathway, Superstore, Studio Bell, Downtown Library, Saddledome, and C-Train access. Everything you need is truly right outside your door. Currently rented until the end of March, this property offers flexible possession options. Perfect for both investors and owner occupiers. You can take over the lease and enjoy instant income, or move in once the tenancy ends. The current tenants are excellent and have maintained the unit with care. Bright, stylish, and perfectly located - Unit 707 at the FIRST building is an incredible opportunity to own in Calgary’s East Village, where urban living and investment potential meet seamlessly. Book your showing with your favourite Realtor today ! More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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202 210 15 Avenue SE in Calgary: Beltline Apartment for sale : MLS®# A2267764
202 210 15 Avenue SE Calgary T2G 0B5
$248,888Residential- Status:
- Active
- MLS® Num:
- A2267764
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 656 sq. ft.
Direct, separate entry patio access to a private terrace! The Vetro building is designed for elevated, carefree living, offering exceptional amenities. Your new unit is literally a 20 foot “hike” to a vast array of common area amenities! These include a two-level fitness centre with weight and cardio equipment, a hot tub, steam showers, a private theatre room, a stylish social and games lounge with a pool table and fireplace, and a tranquil outdoor terrace with direct access from your patio door. Topping off this home is a secure, titled underground parking stall and an assigned storage unit, further adding to the comfort and convenience you’ll experience as its newest owner. Experience sublime urban living in this bright and spacious 1-bedroom, 1-bathroom condo located in Calgary’s dynamic Beltline District. Inside, the open-concept layout flows seamlessly from room to room, enhanced by warm laminate flooring throughout the living and bedroom areas. The modern kitchen features tile flooring that is both stylish and functional; an ideal space for cooking, gathering, and entertaining. High ceilings, accompanied by oversized living room windows and massive floor-to-ceiling windows in the bedroom, fill the home with natural light, while central air conditioning provides year-round comfort. The spacious bedroom includes a large walk-through closet that connects directly to the well-appointed cheater ensuite bathroom, offering a seamless blend of privacy and practicality. A separate entry off the living room gives you access to your private elevated patio with a gas BBQ hookup. Additionally, this condo comes equipped with a stacking in-suite laundry combo, further enhancing the convenience of this home. Located just steps from Shoppers Drug Mart at the base of the building and within easy walking distance to the new Arena District, LRT transit, 17th Avenue, the Stampede Grounds, the BMO Centre, New Scotia Place Event Centre, Lindsay Park, and the MNP Community & Sports Centre, this condo places you at the heart of Calgary’s most vibrant and convenient urban experiences. Whether you’re a young professional, first-time buyer, savvy investor, or looking to downsize without compromise, this home offers an unbeatable combination of comfort, lifestyle, and location. Don’t miss your chance to call this exceptional property home. Book your private showing today! 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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45 Nolanlake Cove NW in Calgary: Nolan Hill Row/Townhouse for sale : MLS®# A2269811
45 Nolanlake Cove NW Calgary T3R 0Z7 OPEN HOUSE: Nov 15, 202501:00 PM - 03:00 PM MSTOpen House on Saturday, November 15, 2025 1:00PM - 3:00PM
$519,900Residential- Status:
- Active
- MLS® Num:
- A2269811
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,705 sq. ft.
Welcome to this stunning EAST-FACING, three-storey END-UNIT townhouse nestled in the highly sought-after community of Nolan Hill! Offering 1,705 sq. ft. of thoughtfully designed living space, this modern home features 3 bedrooms, 2.5 bathrooms, a dedicated DEN or HOME OFFICE, and an INSULATED OVERSIZED DOUBLE ATTACHED GARAGE. Convenient visitor parking is located right next to the unit—perfect for hosting friends and family. FRESHLY PAINTED and PROFESSIONALLY CLEANED from top to bottom—including APPLIANCES and CARPETS—this home is truly move-in ready. Step inside to an inviting OPEN-CONCEPT main floor boasting 9-FT CEILINGS, contemporary laminate flooring, and abundant NATURAL LIGHT from TRIPLE-PANE WINDOWS. The chef-inspired kitchen is the centerpiece of the home, showcasing QUARTZ countertops, full-height SOFT-CLOSE cabinetry, a subway tile backsplash, and a massive center ISLAND with extra STORAGE. Complete with WHIRLPOOL STAINLESS STEEL appliances, this kitchen is ideal for both everyday cooking and entertaining. The bright east-facing living room opens to a large private BALCONY overlooking a beautifully landscaped courtyard—perfect for morning coffee or summer BBQs with the built-in GAS LINE. Upstairs, the primary suite offers a generous WALK-IN CLOSET and a luxurious ENSUITE with an oversized glass shower. Two additional bedrooms, a 4-piece main bath, and a convenient upper-level laundry area complete the top floor. Additional highlights include an energy-efficient HRV system, low-flush toilets, 2” faux wood blinds, triple-pane windows, and durable fiber cement siding with stone accents. The fully INSULATED and drywalled oversized double attached garage provides ample space for vehicles, STORAGE, or a home gym. Perfectly situated in a quiet, LANDSCAPED COURTYARD with green space and park benches, this home offers easy access to SCHOOLS, PARKS, walking paths, and PONDS. Enjoy quick connectivity to Sarcee Trail, Shaganappi Trail, and Stoney Trail, and take advantage of nearby amenities at Sage Hill Centre and Beacon Hill Shopping Centre—featuring Costco, Canadian Tire, restaurants, gyms, and more. This modern, move-in-ready townhome blends style, comfort, and convenience in one of NW Calgary’s most desirable communities. Book your private showing today! More detailsListed by 2% Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated November 12, 2025 at 05:30 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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