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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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17 Edgeridge Terrace NW in Calgary: Edgemont Row/Townhouse for sale : MLS®# A2322876
17 Edgeridge Terrace NW Calgary T3A 6C1 
$455,000Residential- Status:
- Active
- MLS® Num:
- A2322876
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,039 sq. ft.
Your opportunity to own this beautifully maintained townhouse in the highly desirable “Hillsboro in Edgemont” complex. This bright, OPEN CONCEPT 2 storey home features an ATTACHED garage, VAULTED ceilings, BEAUTIFUL HARDWOOD flooring throughout the main level, and a SPACIOUS dining and living area anchored by a cozy gas fireplace. The kitchen offers AMPLE cabinetry, a centre island with eating bar, and STAINLESS STEEL steel appliances, flowing seamlessly into the main living space, perfect for both everyday living and entertaining. The upper level hosts two SPACIOUS bedrooms and a well appointed 4 piece bathroom. The fully finished basement ADDS VALUABLE living space with a large family/recreation room, a 3 piece bathroom, and plenty of storage in the furnace room. ADDITIONAL HIGHTLIGHTS include visitor parking conveniently located across from the unit and close proximity to Edgemont’s beautiful ravine pathway system. This prime location offers quick access to Country Hills Village Shopping Centre, Superstore, Gas Stations, Banks, Nose Hill Park, Beacon Hill Shopping Centre, Costco, and major roadways including Shaganappi Trail, Country Hills Blvd., Stoney Trail, and John Laurie Blvd. The property is EASY to VIEW, so book your showing today ! More detailsListed by Grand Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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408 125 Wolf Hollow Crescent SE in Calgary: Wolf Willow Apartment for sale : MLS®# A2325795
408 125 Wolf Hollow Crescent SE Calgary T2X 5W9
$289,900Residential- Status:
- Active
- MLS® Num:
- A2325795
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 508 sq. ft.
Welcome to unit 408 at Bow360 in the sought-after community of Wolf Willow, where modern design meets an incredible riverside lifestyle. This "like new" 1-bedroom, 1-bathroom condo offers a thoughtfully designed open living space, making it an ideal choice for first-time buyers, investors, professionals, or anyone looking for a stylish, low-maintenance home. Inside, you'll find a bright, open-concept layout highlighted by 9-foot ceilings, luxury vinyl plank flooring, and contemporary finishes throughout. The kitchen is both functional and inviting, featuring quartz countertops, modern cabinetry, stainless steel appliances, and a convenient breakfast bar that's perfect for casual dining or entertaining. The comfortable living area is filled with natural light and extends onto a spacious private balcony, creating the perfect spot to enjoy your morning coffee or unwind at the end of the day. The generously sized bedroom offers a walk-through closet with direct access to the well-appointed 4-piece bathroom, which also features a second entrance from the main living area for added convenience. Additional highlights include in-suite laundry and air conditioning for year-round comfort. Designed with convenience in mind, this home includes a titled, secure underground parking stall with an attached storage cage, as well as a second private storage locker located on the same floor as the unit for easy everyday access. Residents also enjoy secure bike storage and a dedicated tire storage room, making it easy to stay organized while embracing the active lifestyle Wolf Willow is known for. Set along the Bow River and bordering Fish Creek Park and Blue Devil Golf Course, Wolf Willow is one of Calgary's most exciting new communities for those who appreciate an active outdoor lifestyle. Enjoy endless walking and cycling pathways, beautiful natural surroundings, and easy access to shopping, restaurants, and everyday amenities, all while remaining well connected to the rest of the city. Whether you're searching for your first home, a turnkey investment property, or an easy lock-and-leave lifestyle, this beautiful condo offers the perfect blend of comfort, quality, and location. More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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4 Glenbrook Villas SW in Calgary: Glenbrook Row/Townhouse for sale : MLS®# A2326336
4 Glenbrook Villas SW Calgary T3E 7E8
$420,000Residential- Status:
- Active
- MLS® Num:
- A2326336
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,307 sq. ft.
Welcome to this beautifully maintained townhome in the highly sought-after community of Glenbrook , offering the perfect combination of comfort, convenience, and low-maintenance living. Thoughtfully updated and filled with natural light, this home features an inviting open-concept layout designed for both everyday living and entertaining. The main floor boasts soaring ceilings, large windows, and durable flooring, creating a bright and airy atmosphere throughout. The spacious living and dining areas flow seamlessly into the well-appointed kitchen, complete with countertops, stainless steel appliances, ample cabinetry, and a sunny dining nook overlooking the community. Upstairs, the generous primary bedroom features a walk-in closet, while the versatile loft area provides the perfect space for a home office, reading lounge, or fitness area. The fully developed lower level offers additional flexibility with a recreation room, hobby space, or private office to suit your lifestyle needs. Recent updates provide peace of mind, including brand-new triple-pane windows (2025), Newer Appliances, designer paint, and other thoughtful improvements throughout. Enjoy your private outdoor space, ideal for relaxing or summer barbecues, along with the convenience of an attached garage and additional visitor parking nearby. Located in the heart of Glenbrook, this home is just steps from schools, parks, walking paths, and Optimist Athletic Park, while being only minutes from Signal Hill Centre, Westhills Shopping Centre, restaurants, transit, and downtown Calgary. Whether you're a first-time buyer, professional, downsizer, or investor, this move-in-ready home offers exceptional value in one of Calgary's most convenient southwest communities. More detailsListed by MaxWell Canyon Creek- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1107 6224 17 Avenue in Calgary: Red Carpet Apartment for sale : MLS®# A2325909
1107 6224 17 Avenue Calgary T2A 7X8
$165,000Residential- Status:
- Active
- MLS® Num:
- A2325909
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 718 sq. ft.
A little love will go a long way with this gem, this unit is waiting for its new owner to make it home! The building is quiet, well-managed, and equipped with security cameras for added peace of mind. Commuting is effortless with convenient access to public transit and major rapid transit routes, making it easy to get downtown, to work, or anywhere else in the city. Shopping, Schools, walking paths and amenities all close by. Even better, **ALL utilities—heat, water, and electricity—are included in the low condo fees**, making everyday living both simple and affordable. Whether you're a first-time home buyer, downsizing, or looking for a fantastic investment opportunity, this home offers exceptional value and is priced to sell. Don't miss your chance to make it yours! More detailsListed by LPT Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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135 Covewood Close NE in Calgary: Coventry Hills Detached for sale : MLS®# A2325005
135 Covewood Close NE Calgary T3K 4Z8 OPEN HOUSE: Jul 05, 202612:00 PM - 02:00 PM MDTOpen House on Sunday, July 5, 2026 12:00PM - 2:00PM
$475,000Residential- Status:
- Active
- MLS® Num:
- A2325005
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 817 sq. ft.
OPEN HOUSE: Sunday, July 5th, 12 - 2 pm. Attention Investors, first time home buyers and downsizers! I'd like to introduce you to this 3 bedroom, 2 bathroom walk-out home in the family friendly neighbourhood of Coventry Hills. This well cared for bi-level is the kind of home where a young family puts down roots or a savvy buyer sees the value in a layout that truly delivers. The main floor welcomes you with a bright, open concept living space filled with natural light. The kitchen is the centre of home and opens up to the dining and living rooms areas creating the perfect layout for family time and get-togethers. Tucked away from the main living area is a generously sized primary bedroom with a walk in closet, a second bedroom and large 4-piece bathroom. Moving to the lower floor, you’ll be impressed with the ideal layout and walk-out feature with large windows. The third bedroom is located away from the main family room creating privacy and quiet time. The laundry room and 3-piece bathroom are also tucked away from the main living area. The main family is ample in size to allow you to create the perfect family entertaining space. The walk-out allows you to access the fenced backyard that features a large deck, lots of room to play and an amply sized single detached garage that can be accessed from the back alley. This yard is perfect for hosting BBQs and for the kids to play. If this were not enough, many updates have been done to the home: New shingles on the home and garage – 2025, new furnace – 2023, new dishwasher – 2024, new hot water tank – 2019. Located on a quiet street, this home is a short walk to a local playground, walking distance to schools and has quick access to transit, shopping, grocery and main roads. Don’t miss this opportunity to buy a move-in ready detached home with a garage. At this price point, this one won’t last! 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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413 7239 Sierra Morena Boulevard SW in Calgary: Signal Hill Apartment for sale : MLS®# A2325258
413 7239 Sierra Morena Boulevard SW Calgary T3H 3L7
$410,000Residential- Status:
- Active
- MLS® Num:
- A2325258
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,188 sq. ft.
Welcome to Unit #413 at The Sierras in Signal Hill, a beautifully maintained 55+ adult living community. This top-floor, 1,188 sq. ft. unit offers quiet, peaceful living with no overhead noise and an abundance of natural light. The spacious primary bedroom features a walk-in closet and 4-piece ensuite, while the second bedroom also includes a walk-in closet and can easily serve as a guest room, den, or hobby space with access to a 3-piece bathroom. Enjoy LVP flooring throughout, upgraded kitchen and dining light fixtures, air conditioning, and an oversized laundry room with space for additional shelving or a drying rack. Numerous storage areas provide plenty of extra space. The enclosed patio is a lovely space to relax and enjoy your morning coffee. This also provides yet another closet for more storage. The unit includes titled underground parking, a storage locker, and ample visitor parking. Residents enjoy outstanding amenities including a fitness center, car wash, games room, guest suites, coffee room, library, wood shop, paint room, and hobby room. Condo fees include electricity, heat, water, sewer, garbage, and recycling, making for simple, predictable monthly expenses. Ideally located with quick access to Stoney Trail, Sarcee Trail, Glenmore Trail, and Richmond Road, and just minutes from shopping, dining, and everyday amenities, this home offers the perfect blend of comfort, convenience, and low-maintenance living. Call your favorite realtor today as this unit has never been offered before. Shows 10/10! Mrs Clean lives here! More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1407 77 Spruce Place SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2325372
1407 77 Spruce Place SW Calgary T3C 3X6
$379,000Residential- Status:
- Active
- MLS® Num:
- A2325372
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,018 sq. ft.
Sought after loaction in Spruce Cliff. Only 5 minutes drive to down town or a few minutes walk to LRT. High level unit with magnificent view. Over 1,000 SF of living space with fireplace, in suite laundry, hardwood flooring, 2 large bedrooms and two balconies. Heated parking and asigned storage also included. Swiming pool, recreation room, fitness room, clube house facility are included in the condo fee. Close to library, shopping centre, golf and bike path. Modern life style living with all amenities. More detailsListed by TREC The Real Estate Company- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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156 Falshire Close NE in Calgary: Falconridge Detached for sale : MLS®# A2325864
156 Falshire Close NE Calgary T3J 3A1
$470,000Residential- Status:
- Active
- MLS® Num:
- A2325864
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,054 sq. ft.
Discover exceptional value and versatility at 156 Falshire Close NE. Tucked away on a quiet street in the established community of Falconridge, this well-cared-for 4-level split offers a rare opportunity for multi-generational living, extended family arrangements, or additional rental income with its illegal basement suite and separate private entrance. From the moment you step inside, you'll appreciate the bright and welcoming atmosphere. The main level is filled with natural light and features durable engineered hardwood flooring throughout the spacious living room and formal dining area. The updated kitchen is equipped with stainless steel appliances and offers a functional layout that seamlessly connects to the dining space—perfect for both everyday living and entertaining. Upstairs, the home offers three generously sized bedrooms, including a spacious primary retreat complete with a walk-through closet and convenient access to the full 4-piece bathroom. Two additional bedrooms provide plenty of space for children, guests, or a home office. Designed with practicality in mind, the lower level includes separate laundry facilities and a dedicated pantry for the upper living area, helping to maintain privacy and independence between the two spaces. The self-contained illegal suite is accessed through its own rear entrance and features a bright open-concept layout with a spacious living and dining area, full kitchen, private laundry, and a 3-piece bathroom. A large bedroom with an oversized window creates a comfortable living space, while two additional storage rooms and an expansive crawl space beneath the third level provide an abundance of storage rarely found in homes of this size. Additional highlights include central air conditioning, central vacuum, and two distinct living areas designed for maximum flexibility. Ideally situated close to Falconridge School, Grant MacEwan School, Terry Fox School, Bishop McNally High School, parks, shopping, public transit, and nearby daycares, this home offers convenience, comfort, and outstanding potential in one of northeast Calgary's most established family communities. More detailsListed by 2% Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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131 Patina Rise SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2325975
131 Patina Rise SW Calgary T3H 3R5 OPEN HOUSE: Jul 04, 202601:00 PM - 04:00 PM MDTOpen House on Saturday, July 4, 2026 1:00PM - 4:00PMOPEN HOUSE: Jul 05, 202601:00 PM - 04:00 PM MDTOpen House on Sunday, July 5, 2026 1:00PM - 4:00PM
$434,000Residential- Status:
- Active
- MLS® Num:
- A2325975
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,444 sq. ft.
OPEN HOUSE: Sat July 4 & Sun July 5 from 1:00 pm - 4:00 pm. End-unit townhomes with this combination of natural light, functional layout, and surrounding green space are seldom available at this price point. A defining feature of this residence is the turret-style living room extension, creating a naturally bright and inviting area that functions beautifully as a reading nook, secondary lounge area, or relaxed conversation space. Combined with the end-unit positioning, this architectural detail enhances both light and openness throughout the main floor. The main living area offers a well-proportioned layout where everyday living feels intentional rather than confined. Hardwood flooring anchors the space, while the living and dining areas flow naturally around a gas fireplace framed by built-in bookshelves, creating both a focal point and added warmth. The kitchen is designed for practical use and connection, featuring quartz countertops, a central island with seating, dedicated pantry storage allowing for both daily function and casual entertaining without compromise. From the main level in this corner-unit setting, step directly onto a private, fenced-in deck complete with gate backing onto green space and mature trees. This outdoor area includes a BBQ and extends the living space for morning coffee, summer meals, or a quiet place for pets. Upstairs, the primary bedroom is generously sized and includes a walk-in closet along with a turret-style alcove that provides additional flexible space surrounded by windows. The upper bathroom has been updated with dual undermount sinks set into quartz countertops, a beautiful wood vanity, a large walk-in shower, and a deep soaker tub, offering a well-finished and functional shared bathroom setup. The second bedroom includes a built-in Murphy bed, allowing flexible use as a guest room or workspace while the den features a built-in desk and works well as a home office, study zone, or additional flexible space. The lower level provides a welcoming entry with direct access to the attached tandem garage with new garage door opener (2025) which offers parking for two vehicles, along with additional storage space for everyday use and seasonal items. Recent improvements include new windows in 2024 and roof replacement in 2018. Located close to pathways, parks, transit, schools, and nearby retail amenities, this home offers a balanced combination of privacy and convenience in the established southwest community of Patterson. Offered at $434,000, this represents a strong opportunity to secure an end-unit home with functional upgrades, distinctive architectural features, and a highly desirable green space setting. More detailsListed by Engel & Völkers Calgary- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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22 Rivercrest Way SE in Calgary: Riverbend Detached for sale : MLS®# A2324517
22 Rivercrest Way SE Calgary T2C 4J8
$529,900Residential- Status:
- Active
- MLS® Num:
- A2324517
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,117 sq. ft.
Welcome Home to this Beautifully Updated Fully Finished 2 Storey Home in the Sought-After Community of Riverbend! With over 1,666 sq ft. of Developed Living Space, this Well-Maintained home features 3 Bedrooms, 1.5 Bathrooms, a Fully Developed Basement with numerous upgrades throughout. Step inside to a welcoming foyer with a built-in closet that leads into the bright living room, where a large bay window fills the space with natural light. The adjacent dining room is perfectly positioned creating a warm and inviting setting for family meals and entertaining. The updated kitchen features modern countertops, a stylish stone-inspired backsplash, and easy access to the spacious backyard deck - ideal for summer BBQs and outdoor gatherings. Completing the main floor is a renovated 2 pc powder room Upstairs, the spacious primary bedroom fits a king-size bed, beautiful hardwood flooring, a charming bay window framing spectacular mountain views, and a large built-in closet. Two additional bedrooms are generously sized, each offering large windows and built-in closets along with an updated 4-piece main bathroom The fully developed basement expands your living space with a large recreation room, perfect for movie nights, a playroom, home gym, or office. A substantial storage and laundry area includes a washer and dryer plus abundant storage space. Major upgrades provide exceptional peace of mind, including New Shingles 2023 and NO Poly-B plumbing. The entire home has been replumbed with dedicated water lines and individual shut-off valves at every plumbing fixture. Additional highlights include an Oversized Double Detached Insulated and Drywalled Garage, RV parking, a large rear deck, and ample off-street parking. Located in the established community of Riverbend, you'll enjoy easy access to Carburn Park, Scenic Pathways, Schools, Shopping, Restaurants, Major Commuter Routes, and the Future Green Line LRT. This is a Fantastic Opportunity to own a Move-in-Ready Home in one of southeast Calgary's most desirable Family Neighborhoods 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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103 2422 Erlton Street SW in Calgary: Erlton Apartment for sale : MLS®# A2325405
103 2422 Erlton Street SW Calgary T2S 3B6
$409,900Residential- Status:
- Active
- MLS® Num:
- A2325405
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,158 sq. ft.
Rarely do properties of this size and configuration become available in the popular inner-city community of Erlton. Spanning more than 1100 square feet across two levels, this 2-bedroom, 2.5-bathroom home delivers the convenience and feel of a townhouse within a secure condominium setting. Enjoy unprecedented flexibility with three separate entrances, highlighted by direct access from the front, west-facing patio - perfect for a seamless indoor-outdoor lifestyle. Inside, the freshly styled interior features new vinyl plank flooring (2025), modern lighting, and elegant quartz counters. The heart of the main floor is the living room, where a cozy natural gas fireplace serves as a beautiful focal point in a space that feels light, open, and airy. Tucked quietly off the main living area is a dedicated laundry room that offers a pantry and ample additional storage. The upper level continues to impress with 9-foot ceilings that elevate the sense of space. The spacious primary suite offers a walk-through closet, an ensuite, and its own private west-facing balcony – a great place to enjoy a morning coffee or evening sunsets. Meticulously maintained, every room - from the main living area to the primary bedroom and main bathroom - exhibits a wonderfully open and bright atmosphere. Premium building amenities provide ultimate peace of mind, featuring titled underground parking in a secure parkade with car wash & cleaning station, bicycle storage and a new roof (2026). Located just steps from the Elbow River pathways, Stampede Park, transit, and downtown, this distinctive property is ideal for professionals and investors alike. More detailsListed by Royal LePage Benchmark- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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336 Coventry Close NE in Calgary: Coventry Hills Detached for sale : MLS®# A2325594
336 Coventry Close NE Calgary T3K 4C5
$525,000Residential- Status:
- Active
- MLS® Num:
- A2325594
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 950 sq. ft.
Welcome to this well-maintained and thoughtfully updated home nestled on a quiet close in the sought-after community of Coventry Hills. Offering comfort, functionality, and valuable recent upgrades, this home is move-in ready and perfect for families and those looking for an affordable detached home. Major updates include a new roof and new siding (2025), all new windows (2024), a furnace less than five years old that was professionally serviced at the beginning of this year, and a hot water tank installed less than five years ago. You'll also appreciate the added comfort of central air conditioning and the convenience of a water softener. The main floor offers open concept living with a spacious living/dining and kitchen area. The two bedrooms and bathroom on the main level provide convenient one floor living, whilst the fully developed basement is a perfect offering of additional space for larger families and those who require space for guests. The fully fenced back yard has been extensively landscaped and provides an excellent spot to relax in the sunshine, and the manicured front yard offers amazing curb appeal. The home also benefits from a double detached garage. With its extensive list of recent improvements, this home offers exceptional value while minimizing future maintenance concerns. Situated on a large corner lot close to parks, schools, shopping, and all the amenities Coventry Hills has to offer, this is an outstanding opportunity to own a beautifully cared-for property in a fantastic location. Don't miss your chance to make this wonderful home yours! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated July 4, 2026 at 06:05 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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