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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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211 10 Walgrove Walk SE in Calgary: Walden Apartment for sale : MLS®# A2282795
211 10 Walgrove Walk SE Calgary T2X 4E3 
$259,999Residential- Status:
- Active
- MLS® Num:
- A2282795
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 606 sq. ft.
Welcome to this bright, move-in-ready 2-bedroom, 1-bath condo located in the highly desirable community of Walden in SE Calgary. Well maintained and thoughtfully designed, this home is an excellent option for first-time buyers, downsizers, or investors seeking strong value in a growing neighborhood. The open-concept layout is functional and inviting, featuring brand new carpet throughout and a modern kitchen finished with granite countertops, stainless steel appliances, and a stylish backsplash. The living area opens onto a sunny south-facing balcony, offering the perfect space to enjoy morning coffee or unwind during summer evenings. Additional features include in-suite laundry, a titled parking stall, and a separate storage unit, all within a well-managed, low-maintenance complex. Located just minutes from parks, shopping, restaurants, and transit, this condo delivers everyday convenience with comfort and style. A great opportunity to own in one of SE Calgary’s most welcoming communities. Book your showing today. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1412 6224 17 Avenue SE in Calgary: Red Carpet Apartment for sale : MLS®# A2282308
1412 6224 17 Avenue SE Calgary T2A 7X8
$214,900Residential- Status:
- Active
- MLS® Num:
- A2282308
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 994 sq. ft.
This large 2 bedroom, 2 bathroom unit, across from Elliston Park has tons of potential. Spacious and bright. It does need some TLC. Location is great. Close to bus stops, parks, shopping and major routes such as Stoney Trail and 17th Ave. Close to amenities. 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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159 35 Richard Court SW in Calgary: Lincoln Park Apartment for sale : MLS®# A2282811
159 35 Richard Court SW Calgary T3E 7N9
$285,000Residential- Status:
- Active
- MLS® Num:
- A2282811
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 721 sq. ft.
Welcome to "The Morgan" in desirable LINCOLN PARK , main floor TWO bedroom, offering flexibility for professionals working at home, starting out or downsizing couples or for the savvy investors a roommate situation. Ideally located. WALKING distance to shopping, , Tim Horton's and other restaurants. MOUNT ROYAL University is close at hand. This unit has been UPGRADED to make it look sleek and modern including granite counters, stainless steel appliances, Carrara marble F/p, TITLED PARKING and additional assigned storage along with common locked BIKE storage. Enjoy your private area patio with gas hookup available. This building has party room and main floor EXERCISE room. Check out the photos and be sure to go to the end. No waiting possession. and pet friendly with approval. More detailsListed by Stonemere Real Estate Solutions- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2313 15 Skyview Point Crescent NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2282665
2313 15 Skyview Point Crescent NE Calgary T3N 2T1 OPEN HOUSE: Feb 01, 202601:00 PM - 05:00 PM MSTOpen House on Sunday, February 1, 2026 1:00PM - 5:00PM Please call 403-970-9047
$299,900Residential- Status:
- Active
- MLS® Num:
- A2282665
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 667 sq. ft.
Welcome To This Brand-New, Move-In-Ready 2-Bedroom, 1-Bathroom Condo In The Vibrant And Fast-Growing Skyview Community Of NE Calgary. Thoughtfully Designed For Modern Living, This Bright And Airy Home Features 9-Foot Ceilings And Expansive Windows That Flood The Open-Concept Layout With Natural Light—An Attractive Feature For Both End Users And Tenants. Wide-Plank Luxury Vinyl Flooring And Quartz Countertops Throughout Create A Sleek, Contemporary Finish With Low-Maintenance Durability, Ideal For Long-Term Ownership And Rental Use. The Fully Upgraded Kitchen Is Both Stylish And Highly Functional, Showcasing Stainless Steel Appliances, An Over-The-Range Microwave, Soft-Close Cabinetry, A Pantry, And Quartz Countertops—Highly Desirable Features For Today’s Rental Market. The Kitchen Flows Seamlessly Into The Living And Dining Areas, Creating A Flexible Layout That Appeals To A Wide Range Of Tenants And Maximizes Usable Living Space. This Unit Features Two Generously Sized Bedrooms, An I.T. Zone (Computer Desk Area) Ideal For Remote Work Or Study, And A Modern 4-Piece Bathroom With Quartz Countertops And Refined Finishes. Additional Highlights Include In-Suite Laundry, Upgraded Designer Window Treatments, And A Large Private Balcony With A BBQ Gas Line—Amenities That Enhance Rental Appeal And Support Strong Tenant Retention. The Home Is Complete With Titled Underground Parking And A Titled Storage Locker, Offering Added Value And Convenience For Tenants. Located In A Newly Constructed Building With Underground Bike Racks, This Property Benefits From Low-Maintenance Living And Reduced Capital Expenditure For Investors. The Building’s Strategic Location Provides Easy Access To Shopping, Schools, Public Transit, Major Amenities, Calgary International Airport, And Quick Connections To Stoney Trail—A Key Advantage For Commuters And Airport-Related Employment, Supporting Consistent Rental Demand. Skyview Is One Of Calgary’s Most Desirable And Rapidly Growing Communities, Making This Property An Excellent Opportunity For First-Time Investors Or Those Looking To Expand Their Portfolio With A Newer Asset. With Strong Rental Demand, Modern Finishes, And A Location Positioned For Continued Growth, This Turnkey Condo Offers Both Immediate Income Potential And Long-Term Appreciation. Why Rent When You Can Own Your Own Home And Start Building Equity? Move In, Rent Out, Or Hold As A Long-Term Investment—This Is A Must-See Opportunity With Versatile Ownership Options. Please Note: Property Taxes Have Not Yet Been Assessed. Additional Units Are Available—Contact Listing Agent For Details. More detailsListed by Royal LePage METRO- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2308 15 Skyview Point Crescent NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2282667
2308 15 Skyview Point Crescent NE Calgary T3N 2T1 OPEN HOUSE: Feb 01, 202601:00 PM - 05:00 PM MSTOpen House on Sunday, February 1, 2026 1:00PM - 5:00PM Please Call 403-970-9047
$299,900Residential- Status:
- Active
- MLS® Num:
- A2282667
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 670 sq. ft.
Welcome To This Brand-New, Move-In-Ready 2-Bedroom, 1-Bathroom Condo In The Vibrant And Fast-Growing Skyview Community Of NE Calgary. Thoughtfully Designed For Modern Living, This Bright And Airy Home Features 9-Foot Ceilings And Expansive Windows That Flood The Open-Concept Layout With Natural Light—An Attractive Feature For Both End Users And Tenants. Wide-Plank Luxury Vinyl Flooring And Quartz Countertops Throughout Create A Sleek, Contemporary Finish With Low-Maintenance Durability, Ideal For Long-Term Ownership And Rental Use. The Fully Upgraded Kitchen Is Both Stylish And Highly Functional, Showcasing Stainless Steel Appliances, An Over-The-Range Microwave, Soft-Close Cabinetry, A Pantry, And Quartz Countertops—Highly Desirable Features For Today’s Rental Market. The Kitchen Flows Seamlessly Into The Living And Dining Areas, Creating A Flexible Layout That Appeals To A Wide Range Of Tenants And Maximizes Usable Living Space. This Unit Features Two Generously Sized Bedrooms, An I.T. Zone (Computer Desk Area) Ideal For Remote Work Or Study, And A Modern 4-Piece Bathroom With Quartz Countertops And Refined Finishes. Additional Highlights Include In-Suite Laundry, Upgraded Designer Window Treatments, And A Large Private Balcony With A BBQ Gas Line—Amenities That Enhance Rental Appeal And Support Strong Tenant Retention. The Home Is Complete With Titled Underground Parking And A Titled Storage Locker, Offering Added Value And Convenience For Tenants. Located In A Newly Constructed Building With Underground Bike Racks, This Property Benefits From Low-Maintenance Living And Reduced Capital Expenditure For Investors. The Building’s Strategic Location Provides Easy Access To Shopping, Schools, Public Transit, Major Amenities, Calgary International Airport, And Quick Connections To Stoney Trail—A Key Advantage For Commuters And Airport-Related Employment, Supporting Consistent Rental Demand. Skyview Is One Of Calgary’s Most Desirable And Rapidly Growing Communities, Making This Property An Excellent Opportunity For First-Time Investors Or Those Looking To Expand Their Portfolio With A Newer Asset. With Strong Rental Demand, Modern Finishes, And A Location Positioned For Continued Growth, This Turnkey Condo Offers Both Immediate Income Potential And Long-Term Appreciation. Why Rent When You Can Own Your Own Home And Start Building Equity? Move In, Rent Out, Or Hold As A Long-Term Investment—This Is A Must-See Opportunity With Versatile Ownership Options. Please Note: Property Taxes Have Not Yet Been Assessed. Additional Units Are Available—Contact Listing Agent For Details. More detailsListed by Royal LePage METRO- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2215 15 Skyview Point Crescent NE in Calgary: Skyview Ranch Apartment for sale : MLS®# A2282734
2215 15 Skyview Point Crescent NE Calgary T3N 2T1 OPEN HOUSE: Feb 01, 202601:00 PM - 05:00 PM MSTOpen House on Sunday, February 1, 2026 1:00PM - 5:00PM Please call 403-970-9047
$299,900Residential- Status:
- Active
- MLS® Num:
- A2282734
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 732 sq. ft.
Welcome To This Brand-New, Move-In-Ready 2-Bedroom, 1-Bathroom Condo In The Vibrant And Fast-Growing Skyview Community Of NE Calgary. Thoughtfully Designed For Modern Living, This Bright And Airy Home Features 9-Foot Ceilings And Expansive Windows That Flood The Open-Concept Layout With Natural Light—An Attractive Feature For Both End Users And Tenants. Wide-Plank Luxury Vinyl Flooring And Quartz Countertops Throughout Create A Sleek, Contemporary Finish With Low-Maintenance Durability, Ideal For Long-Term Ownership And Rental Use. The Fully Upgraded Kitchen Is Both Stylish And Highly Functional, Showcasing Stainless Steel Appliances, An Over-The-Range Microwave, Soft-Close Cabinetry, A Pantry, And Quartz Countertops—Highly Desirable Features For Today’s Rental Market. The Kitchen Flows Seamlessly Into The Living And Dining Areas, Creating A Flexible Layout That Appeals To A Wide Range Of Tenants And Maximizes Usable Living Space. This Unit Features Two Generously Sized Bedrooms, And A Modern 4-Piece Bathroom With Quartz Countertops And Refined Finishes. Additional Highlights Include In-Suite Laundry, Upgraded Designer Window Treatments, And A Large Private Balcony With A BBQ Gas Line—Amenities That Enhance Rental Appeal And Support Strong Tenant Retention. The Home Is Complete With Titled Underground Parking And A Titled Storage Locker, Offering Added Value And Convenience For Tenants. Located In A Newly Constructed Building With Underground Bike Racks, This Property Benefits From Low-Maintenance Living And Reduced Capital Expenditure For Investors. The Building’s Strategic Location Provides Easy Access To Shopping, Schools, Public Transit, Major Amenities, Calgary International Airport, And Quick Connections To Stoney Trail—A Key Advantage For Commuters And Airport-Related Employment, Supporting Consistent Rental Demand. Skyview Is One Of Calgary’s Most Desirable And Rapidly Growing Communities, Making This Property An Excellent Opportunity For First-Time Investors Or Those Looking To Expand Their Portfolio With A Newer Asset. With Strong Rental Demand, Modern Finishes, And A Location Positioned For Continued Growth, This Turnkey Condo Offers Both Immediate Income Potential And Long-Term Appreciation. Why Rent When You Can Own Your Own Home And Start Building Equity? Move In, Rent Out, Or Hold As A Long-Term Investment—This Is A Must-See Opportunity With Versatile Ownership Options. Please Note: Property Taxes Have Not Yet Been Assessed. Additional Units Are Available—Contact Listing Agent For Details. More detailsListed by Royal LePage METRO- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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17 Sora Gate SE in Calgary: Hotchkiss Row/Townhouse for sale : MLS®# A2282949
17 Sora Gate SE Calgary T3S 0M6
$489,900Residential- Status:
- Active
- MLS® Num:
- A2282949
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,360 sq. ft.
*Additional $15,000 builder promotion available off the listed price for buyers that can take possession by the end of Feb. (while supplies last, term) * To view this home or see similar models please stop in the show home at 85 Sora Gate SE, Mon-Thurs 2-8, or Sat-Sun 12-5. Welcome to 77 Sora Gate! You'll love the large open kitchen with a huge quartz topped island- perfect for busy mornings, casual family meals, and hosting friends. 9-foot ceilings and large windows flood the space with natural light. Durable engineered hardwood and modern finishes ensure this home looks stylish today and for years to come. Upstairs, the primary suite with walk-in closet and ensuite provides a private retreat, while two additional bedrooms adapt as your family grows- whether you need space for kids, guests, or a home office. Upstairs you'll also find a laundry closet, conveniently located near the bedrooms. With a detached double garage, no condo fees, and the peace of mind that comes with new-home warranty protection, this home is built with your future in mind. Located with quick access to Deerfoot and Stoney Trail, commuting and zipping around the city is a breeze. Surrounded by wetlands, pathways, and green space, Sora blends the calm of nature with easy access to the conveniences homeowners need. *** The First-Time Home Buyers' GST Rebate could save you up to $50,000 on a new home! You must be 18+, a Canadian citizen or permanent resident, and haven't owned or lived in a home you or your spouse/common-law partner owned in the last four years. Terms and conditions are subject to the Government of Canada/CRA rules and guidelines.*** More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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106 835 19 Avenue SW in Calgary: Lower Mount Royal Apartment for sale : MLS®# A2283035
106 835 19 Avenue SW Calgary T2T 0H6
$230,000Residential- Status:
- Active
- MLS® Num:
- A2283035
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 566 sq. ft.
Located on the second floor of the building, this sweet, charming condo features a large, private, south-facing balcony in a beautiful setting on a quiet street in Lower Mount Royal. Located on the quiet rear side of the building, the open floor plan offers new LVP flooring throughout, a functional kitchen, generous in-suite storage (plus a separate secured locker on the main floor) and complete in-suite laundry. The spacious bedroom includes a double closet and easily accommodates a king-sized bed. Enjoy covered, secure parking, ample street parking for guests, and elevator access. An exceptional location just steps to the vibrant 17th Avenue district — restaurants, coffee shops, fitness, groceries, shopping, and an easy walk to downtown. More detailsListed by Charles- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
-
114 156 Country Village Circle NE in Calgary: Country Hills Village Apartment for sale : MLS®# A2280181
114 156 Country Village Circle NE Calgary T3K 0E5
$279,900Residential- Status:
- Active
- MLS® Num:
- A2280181
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 847 sq. ft.
Located on the Country Hills Village Pond | Gorgeous Main Level Apartment | 2 Bedrooms | 2 Bathrooms with New Sinks & Faucets | Open Floor Plan | Bright with Natural Light | Brand New Quartz Countertops | Stainless Steel Appliances | Kitchen Island | Built-in Work Station | Great Storage | In-Unit Laundry | Underground Titled Parking | Secure Entry Building | Visitor Parking. Welcome to this stunning 2 bed, 2 bath main level apartment boasting 847 SqFt with an open floor plan kitchen, dining and living areas. The front door to your home opens to a tiled foyer with closet storage and past this is your in unit laundry. The open floor plan with high ceilings and large windows throughout the kitchen, dining and living rooms compliments the size of the space. The kitchen is outfitted with new quartz countertops, stainless steel appliances and great cabinet storage. The open concept living means you can choose where you'd like your dining table to go! The living room is comfortable and bright and is paired with sliding glass doors to your patio. The two bedrooms are located on either side of the living room giving additional privacy. The primary bedroom has a walk-through closet to a 3pc ensuite bath. The 2nd bedroom is a great size and just outside the door is the 4pc bath with a tub/shower combo. This unit comes with a titled underground parking stall that keeps your vehicle weather protected year round! Step outside and you’re just moments away from a serene pond, picturesque walking paths, a nearby golf course, public transit, and a variety of shopping and dining options. You’ll also love the easy access to Deerfoot Trail, Stoney Trail, and the Calgary International Airport. Whether you're a first-time buyer, investor, or downsizer, this home offers comfort, convenience, and excellent value in a well-maintained building with low condo fees. Book your showing today and experience everything life in Country Hills Village has to offer! More detailsListed by RE/MAX Crown- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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205 519 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2282831
205 519 Riverfront Avenue SE Calgary T2G 1K6
$549,900Residential- Status:
- Active
- MLS® Num:
- A2282831
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 893 sq. ft.
Discover the ultimate condo living experience in this stunning 2 bed + den unit at Evolution by Bosa Developments, nestled in the vibrant East Village of Downtown Calgary. This immaculate residence boasts an impressive and rare **500+ sq ft private patio** with sunny south exposure, a rare find in condo living—perfect for entertaining or enjoying a quiet evening outdoors. The thoughtful floor plan includes two spacious bedrooms, with the primary suite featuring an ensuite bathroom and a walk-in closet. The stylish kitchen is equipped with upgraded stainless steel appliances, including a gas range, elegant granite countertops, and a convenient breakfast bar, seamlessly flowing into the adjoining dining room and spacious living room, which provides direct access to the coveted outdoor space. Additional highlights include in-suite laundry, a den for your home office or extra storage, and parking for two vehicles in a tandem stall—eliminating the hassle of street parking and car shuffling. Residents enjoy exceptional building amenities, including concierge services, two fitness rooms, a steam room, sauna, and underground visitor parking. Located just steps away from transit, the C-train, river pathways, the zoo, and Prince's Island Park, this condo offers an unbeatable lifestyle in a thriving community. Don’t miss this wonderful opportunity to call this immaculate space home! 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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1006 Auburn Bay Square SE in Calgary: Auburn Bay Row/Townhouse for sale : MLS®# A2283021
1006 Auburn Bay Square SE Calgary T3M 0Y8 OPEN HOUSE: Feb 01, 202601:00 PM - 03:30 PM MSTOpen House on Sunday, February 1, 2026 1:00PM - 3:30PM
$369,900Residential- Status:
- Active
- MLS® Num:
- A2283021
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 781 sq. ft.
Welcome to this bright and beautifully maintained top-floor corner townhome in the heart of Auburn Bay, offering the perfect blend of comfort, style, and unbeatable convenience. This 2-bedroom, 1-bathroom home is flooded with natural light from large windows and enhanced by soaring 9-foot ceilings, creating an airy and inviting atmosphere throughout. The modern open-concept kitchen showcases upgraded stainless steel appliances, stone countertops, full-height cabinetry, and a sleek, functional layout—perfect for both everyday living and entertaining. The kitchen flows seamlessly into the spacious living area, creating an open and connected living space. The generously sized cantilevered primary bedroom offers more space than comparable units and features a walk-in closet that can be customized to suit your needs. Enjoy the comfort of a single attached garage—no more brushing snow off your car—along with low condo fees, access to the highly sought-after Auburn Bay Lake, and the peace of mind that comes with a well-managed condo board. Recent major updates include a fully funded asphalt roof replacement, reflecting strong reserve planning and proactive maintenance. Ideally located directly across from South Health Campus, steps to the Auburn Bay Community Association, and kiddie-corner to Seton Gateway shops and everyday amenities. Within five minutes, you’ll find Cineplex Movie Theatre and Real Canadian Superstore. Surrounded by parks, green spaces, restaurants, and with quick access to Deerfoot and Stoney Trail, this home truly delivers lakeside living at its finest. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2140 146 Avenue SE in Calgary: Deer Run Detached for sale : MLS®# A2283040
2140 146 Avenue SE Calgary T2J 5T2 OPEN HOUSE: Feb 01, 202611:00 AM - 01:00 PM MSTOpen House on Sunday, February 1, 2026 11:00AM - 1:00PM
$569,900Residential- Status:
- Active
- MLS® Num:
- A2283040
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,292 sq. ft.
OPEN HOUSE...SUNDAY FEB. 1ST 11am - 1PM!! WALK TO SCHOOL, STEPS TO FISH CREEK PARK WITH THIS HOME SITUATUED ON A MASSIVE LOT, CENTRAL AC, & ATTCHED GARAGE! Welcome to this fantastic family home in the heart of the desirable community of Deer Run. Located directly across the street from the school and community association, and just steps to Fish Creek Park, this home offers an ideal setting for families seeking convenience, safety, and an active lifestyle. The open-concept main floor features a bright kitchen and dining area overlooking the large backyard, perfect for family living and entertaining. The spacious living room is highlighted by a cozy wood-burning fireplace and a beautiful bay window, creating a warm and inviting space to gather. Step outside to the generous deck, ideal for summer evenings and complete with a gas line for BBQs. The home offers 3 bedrooms and 1.5 bathrooms, central air conditioning, and a developed basement providing excellent additional family space with a rough-in for a future bathroom. Recent updates include a newer furnace, newer hot water tank, and a high-end water softener. Situated on one of the largest lots on the street and complete with a single attached garage, this home offers tons of potential and an opportunity in a truly family-oriented neighborhood. More detailsListed by The Real Estate District- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated February 1, 2026 at 08:05 AM (UTC)
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Why Buy an Investment Property in Calgary?
- Generate a second source of stable income by renting out the property or turning it into an Air BnB, creating more financial freedom and / or stability
- Build equity and wealth which will grant you more leverage to buy more properties and increase cash flow even more
- Appreciation can help you turn a profit when it’s time to sell
Calgary Multi-Family Investment Properties
Investors often look towards condos and townhomes when browsing for real estate investment opportunities in Calgary. Multi-family properties have much lower maintenance than their single-family counterparts and are more affordable on a comparative basis which means less expenses on things like property tax, landscaping and other associated costs.
One-bedroom condos in Calgary’s city centre with around 500 square feet starting at $1,200 is not uncommon to see. Two-bedroom units usually range from $1,700 and up, although these actual figures vary depending on a number of factors such as building age, community, and square footage.
Find many condo investment opportunities in these popular areas of downtown and the inner city:
- East Village Condos for Sale
- Kensington Condos for Sale
- Eau Claire Condos for Sale
- Downtown Condos for Sale
- Downtown West End Condos for Sale
Townhomes also present an excellent investment opportunity. Suburban units in communities like Evanston, Legacy and Saddle Ridge, for example, offer large square footage and in some cases double-attached garages. These rental properties can command a starting price anywhere from the $1,600 to $1,800 range depending on the features and location of the home.
Inner city townhomes also present a great opportunity for investors as they are in higher demand and command a higher rental price, but the initial capital investment will be larger versus a suburban unit:
Suburban multi-family units are also a sound investment with a much lower initial cost, but also will command a lower rent than their inner city counterparts. Discuss your real estate goals with an experienced Realtor® who will be able to help you make the best decision for your wants and needs as an investor.
Considerations Before Investing in a Rental Property
#1 – Neighbourhood
The community you decide to buy in will determine the type of tenants you attract and the monthly rent you can charge. Buying a property in Calgary near a post-secondary institution, for example, will attract students looking for more affordable prices. A residence in the inner city near a train station would likely attract urban professionals working in the city centre who have more cash flow.
#2 – Walkability
Investment properties in the city centre of Calgary offer much more walkability than similar units in a suburban community. Being able to walk to a restaurant down the street rather than jumping in the car and driving for several minutes adds value to any rental property and will help you command a larger rent.
#3 – Amenities
Once again, amenities relate to the location of your investment property in Calgary. A unit with quick-and-easy access to recreation centres, outdoor parks, public transportation, shopping malls, river pathways and other major amenities will provide the opportunity to ask for a higher rent per month.
#4 – Property Taxes
Investing in Calgary real estate means you’ll have property tax to pay. Just how much is the average annual cost for this in your area, and does the cost make it not a feasible property to buy from a financial standpoint? Consider taxes before making any moves!
#5 – Vacancies and Units Available
Investing in real estate in a saturated market will require you to lower rent to attract tenants. The whole purpose of a second income is to maximize its potential, so consider doing some research on the number of units available within a certain area of the city before buying a property as an investment.
Contact an Investment Property Specialist
Thinking about investing in Calgary real estate? As highly experienced Realtors® in Calgary, we’ve helped many locals and foreigners alike navigate the investment property market and would love to put our knowledge and skillset to work for you.
Contact Cody and Jordan direct anytime at 403.370.4008 to discuss your real estate plans! Get a 100% Free, No-Obligation Evaluation for your property in Calgary today!
We are looking forward to helping you accomplish your real estate goals!
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