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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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122 Sora Gardens in Calgary: Hotchkiss Semi Detached (Half Duplex) for sale : MLS®# A2283234
122 Sora Gardens Calgary T3S 0V3 
$514,900Residential- Status:
- Active
- MLS® Num:
- A2283234
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,471 sq. ft.
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 624 Sora Boulevard SE! Douglas Homes Adelaide 2 model offers smart design, flexible space, and long-term value for today’s young families. This duplex-style home is thoughtfully laid out to support both everyday living and future needs. The open concept main floor features 9-foot ceilings and durable engineered hardwood, and large windows create a bright, welcoming space. The kitchens central island anchors the home with quartz countertops, generous cabinetry, and a seamless flow into the dining and great room-ideal for family meals, entertaining, or busy mornings. Upstairs, the primary bedroom retreat includes a walk-in closet and ensuite with double sinks, while two additional bedrooms adapt easily for kids, guests, or a home office. A loft-style bonus space adds valuable flexibility for a play area, homework zone, or second living space. Upstairs laundry is the icing on the cake. A separate side entrance to the basement provides future flexibility for expanded living space or potential for income suite (subject to city approval). With no condo fees, new-home warranty protection, and easy access to Deerfoot and Stoney Trail, this home offers both long term value and convenience. Set within Sora’s network of wetlands, pathways, and green space, it is a community designed to make life easier for you. *** 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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104 360 Harvest Hills Common in Calgary: Harvest Hills Apartment for sale : MLS®# A2283549
104 360 Harvest Hills Common Calgary T3K 2N1
$298,900Residential- Status:
- Active
- MLS® Num:
- A2283549
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 675 sq. ft.
Good starter home or investment property. Welcome to this cozy apartment unit in convenient Harvest Hills. It features air conditioned, 2 bedrooms, 1 full bathroom, granite countertop in the kitchen and washroom, 9 feet ceiling, stainless appliances, laminated floor in the kitchen, dining, and living room, in suite laundry, and large patio. It closes to the tennis court, public transits, Superstore, VIVO, restaurants, playground, and easy access to major roads. ** 104 360 Harvest Hills Common NE ** 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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125 Savanna Street in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2282712
125 Savanna Street Calgary T3J 0X3
$575,000Residential- Status:
- Active
- MLS® Num:
- A2282712
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,426 sq. ft.
WELCOME TO THIS EXCEPTIONAL, HEAVILY UPGRADED CORNER-LOT TOWNHOME IN THE HEART OF SAVANNA! This NO CONDO FEE, EAST-FACING property offers the comfort and quiet of a detached feel with the convenience of urban living. Featuring a PREMIUM HUSH-HUSH PARTY WALL SYSTEM, this home delivers outstanding sound insulation and privacy—ideal for modern families and professionals alike. Proudly maintained and FRESHLY PAINTED, the home showcases over $100K IN UPGRADES AND IMPROVEMENTS throughout. The MAIN FLOOR features a bright, open-concept layout with durable upgraded flooring, QUARTZ COUNTERTOPS, modern cabinetry, PANTRY, and a well-appointed kitchen with GAS STOVE. The spacious living and dining areas are perfect for everyday living and entertaining, complemented by tasteful finishes for a true move-in-ready feel. The UPPER FLOOR offers a thoughtfully designed layout with THREE GENEROUS BEDROOMS, including a spacious PRIMARY BEDROOM WITH ENSUITE & WALK-IN CLOSET, plus an additional 4-PIECE FULL BATHROOM. Convenient UPPER-FLOOR LAUNDRY adds everyday functionality, while large windows throughout provide excellent natural light. The thoughtfully designed layout continues into the FULLY DEVELOPED BASEMENT WITH HOME THEATRE, featuring an additional bedroom, full bathroom, ample storage, and a versatile bonus room—perfect for extended family, guests, or entertainment. The PREMIUM CORNER LOT provides extra side yard space, enhanced privacy, and direct side access to the backyard. Enjoy a DOUBLE DETACHED INSULATED GARAGE, landscaped and re-sodded WEST-FACING BACKYARD, concrete patio, stonework pathways, and a fully developed REAR PAVED LANE. CENTRAL A/C, WATER SOFTENER, upgraded CLASS 4 HAIL-RESISTANT ROOFING, and numerous builder and post-possession enhancements add long-term value and peace of mind. UNBEATABLE LOCATION—just steps to SAVANNA BAZAAR, TRANSIT STOP, and close to schools, parks, and everyday amenities, with VERY QUICK ACCESS TO SADDLETOWNE LRT, multiple bus routes, and major roadways for an easy commute across the city. A rare opportunity to own a MOVE-IN READY, UPGRADE-PACKED HOME in one of Calgary’s fastest-growing communities. Exceptional value, exceptional location—this one truly stands out. 3D / VIRTUAL TOUR AVAILABLE. Call your favourite Realtor® to book a showing. 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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1101 77 Spruce Place in Calgary: Spruce Cliff Apartment for sale : MLS®# A2283256
1101 77 Spruce Place Calgary T3H 3C8
$359,900Residential- Status:
- Active
- MLS® Num:
- A2283256
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 969 sq. ft.
Welcome to Encore at Westgate Park, a well-managed concrete high-rise condo offering panoramic east-facing views of downtown Calgary and Shaganappi Golf Course. This 2 bedroom, 2 bathroom condo combines space, light, privacy, and unbeatable west-side convenience—perfect for professionals, downsizers, or investors seeking a view-oriented home in a highly connected location. The thoughtfully designed layout features 9-foot ceilings and large windows that flood the home with natural light throughout the day. The open-concept living area is anchored by a cozy gas fireplace and flows seamlessly into the kitchen, which offers granite countertops, a large centre island, and ample cabinet space—ideal for entertaining or everyday living. Steam-cleaned carpets and a well-maintained interior makes this property move-in-ready. The primary bedroom is generously sized and includes a massive walk-in closet and a private 4-piece ensuite bathroom. The second bedroom offers excellent flexibility and works beautifully as a roommate space, home office, study, or creative retreat. A second full bathroom and in-suite laundry add everyday convenience. Air conditioning ensures year-round comfort. This home includes titled underground parking and a separate, secure storage locker located in a locked room—keeping belongings clean, dust-free, and more secure. Pet-friendly building (with board approval). The solid concrete construction provides superior sound insulation, offering a quieter living experience with minimal noise transfer. Residents enjoy resort-style amenities including a large indoor swimming pool, hot tub, fully equipped fitness centre, games and recreation room with pool table and table tennis, bike storage, bookable conference rooms, and 24-hour on-site security. Ample underground visitor parking adds extra convenience for guests. Condo fees include all utilities except electricity, offering excellent value and predictable monthly costs. Located in one of Calgary’s most connected west-side locations, the Westbrook LRT station is just steps away, providing quick access to downtown. Westbrook Mall is connected via skywalk, offering direct indoor access to Walmart, Safeway, dining, and everyday services. Shaganappi Golf Course is next door, while the Bow River pathway system, Edworthy Park, and Douglas Fir Trail are minutes away. Easy access to Bow Trail, Sarcee Trail, and the Trans-Canada Highway puts the mountains within reach. A rare opportunity to own a quiet, concrete condo with views, amenities, and unmatched transit access at Encore Westgate Park. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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201 15233 1 Street in Calgary: Midnapore Apartment for sale : MLS®# A2283288
201 15233 1 Street Calgary T2X 0X1
$212,000Residential- Status:
- Active
- MLS® Num:
- A2283288
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 453 sq. ft.
Move-in ready and full of natural light, this 1-bedroom, 1-bathroom condo in the highly sought-after lake community of Midnapore offers the perfect blend of comfort, convenience, and modern design. Whether you’re a first-time buyer, or investor, this bright and stylish home is the ideal opportunity to enjoy a low-maintenance lifestyle with year-round lake access. Inside, you’ll love the open-concept layout featuring 9-foot ceilings and large windows that create a spacious, airy feel. The modern kitchen is equipped with stainless steel appliances, quartz countertops, and a central island with seating, making it a great space for cooking, entertaining, or enjoying your morning coffee. The living and dining area flows seamlessly onto your private, east-facing patio—perfect for relaxing or barbecuing with the gas line hookup already in place. The privacy wall between balconies adds a nice sense of seclusion and comfort. The spacious bedroom offers generous closet space and large windows. You’ll also find in-suite laundry, keeping chores simple and convenient. Practical features include heated, titled underground parking, a separate titled storage unit, and pet-friendly policies that allow up to two cats or dogs (with board approval). This is one of the few affordable condos in a newer building in the area, offering fantastic value without compromise. Your monthly condo fees include heat, gas, water, and sewer, as well as the Midnapore Lake HOA fee, giving you full access to the lake and its incredible year-round amenities. Enjoy summer days swimming, kayaking, and paddle boarding, or take advantage of winter activities like skating and snowshoeing—all just steps from your front door. The location couldn’t be better—just a short walk to the CTrain station for quick access to downtown, and close to St. Mary’s University, Fish Creek Park, shopping, dining, and entertainment options. MidCity is a well-managed, pet-friendly complex offering exceptional value in one of Calgary’s most desirable lake communities. With a modern interior, secure parking, and full lake privileges, this home offers the perfect mix of urban convenience and outdoor lifestyle. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1527 52 Street in Calgary: Forest Lawn Detached for sale : MLS®# A2283562
1527 52 Street Calgary T2A 1T9
$499,900Residential- Status:
- Active
- MLS® Num:
- A2283562
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,192 sq. ft.
Opportunity knocks again in Forest Lawn with this exceptionally spacious bungalow, complete with a fully LEGAL basement suite and located on a generous 50' x 127' R-CG lot—zoned R-CG even before the city’s blanket rezoning initiative. This property offers a rare combination of size, upgraded features, income potential, and long-term redevelopment value. BASEMENT ACCESS FROM THE BACK AND THERE IS A SEPARATE ENTRANCE FOR THE BASEMENT IN THE FRONT OF THE HOME AS WELL! The main level welcomes you with an expansive living room that provides plenty of space for relaxation and entertaining. The large primary bedroom includes a convenient 2-piece ensuite, while two additional oversized bedrooms share a well-maintained 4-piece bathroom. The layout is bright and functional, with vinyl flooring throughout for a clean, modern look. A dedicated storage room on the main floor adds even more practicality to the space. A separate walk-up entrance leads to the LEGAL basement suite, making it ideal for rental income, extended family, or multi-generational living. The lower level features a comfortable living area, two good-sized bedrooms, and a full 4-piece bathroom—bringing the home to a total of 5 bedrooms and 2.5 bathrooms. A shared laundry room is easily accessible to both upper and lower occupants when tenanted. The home has seen continuous care and thoughtful upgrades over recent years, including a new roof, new vinyl-framed windows, new vinyl flooring in the legal basement suite, and updated flooring throughout the entire home. These improvements enhance comfort, efficiency, and durability, allowing the next owner to simply move in or start renting right away. Whether you're searching for a home to live in while generating rental income, a fully rentable property with strong returns, or a strategic holding asset with redevelopment potential, this property checks every box. The large R-CG lot provides excellent future flexibility for building and development options. Move-in ready, well-updated, and loaded with opportunity, this Forest Lawn bungalow offers outstanding value for homeowners and investors alike. Don’t miss your chance to secure this versatile property with endless possibilities. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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34 1230 Cameron Avenue in Calgary: Lower Mount Royal Apartment for sale : MLS®# A2279809
34 1230 Cameron Avenue Calgary T2T 0K9
$204,900Residential- Status:
- Active
- MLS® Num:
- A2279809
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 548 sq. ft.
Here is your opportunity to own in the trendy neighbourhood of Lower Mount ROYAL. This TOP FLOOR condo with STUNNING VIEWS of DOWNTOWN CALGARY offers 1 Bedroom, 1 Bathroom with soaker tub, in a CONCRETE BUILDING. This BOUTIQUE BUILDING with only 18 units was EXTENSIVELY RENOVATED in 2010 with new VINYL WINDOWS, NEW BOILER SYSTEM, UPDATED BALCONIES, TILE FLOORING THROUGHOUT. Kitchen with QUARTZ countertops, modern cabinets, STAINLESS STEEL appliances, and EUROPEAN washer/dryer unit. 1 ASSIGNED surface PARKING stall and LOTS of street PARKING. PETS WELCOME with board approval. Condo fees include EVERYTHING except electricity. This building is a 5 MINUTE WALK to the bustling 17Avenue with its RESTAURANTS, PUBS and TRENDY SHOPS. Unit 16 & 22 are also available. Call NOW to schedule your viewing. More detailsListed by RE/MAX Realty Professionals- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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322 Cranford Park in Calgary: Cranston Semi Detached (Half Duplex) for sale : MLS®# A2282426
322 Cranford Park Calgary T2X 3K5
$490,000Residential- Status:
- Active
- MLS® Num:
- A2282426
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 118 sq. ft.
Welcome to this charming classic Tudor-style semi-detached home, perfectly situated in the highly desirable community of Cranston. Ideally positioned within walking distance to local schools and the scenic walking paths along the ridge, this property offers a seamless blend of convenience and timeless appeal. The interior reveals a highly functional open-plan living space enhanced by durable laminate flooring, leading you into a spacious living room where large windows allow natural light to flood the area. Adjacent to this, the dining area comfortably accommodates six guests without compromising on flow or space, making it perfect for intimate gatherings. The heart of the home is the well-appointed kitchen, featuring an abundance of wood cabinetry, a stylish tiled backsplash, and stainless steel appliances. The design includes a practical eat-up island with additional storage and a pantry, all while offering pleasant views of the south-facing backyard. A convenient powder room and a mudroom round out the main level, providing direct access to the outdoors. Step out onto the large private deck to entertain friends or simply relax while taking in evening views of the sun setting over the glorious Rocky Mountains. The exceptionally long yard ensures you never have to compromise on green space, even with the gravel parking pad that offers ample room for a future garage. Upstairs, the home is uniquely designed with two expansive master suites, making it an ideal layout for varied lifestyle needs. Each suite boasts its own four-piece ensuite bathroom and walk-in closet, with one room offering stunning views of the mountains. The basement houses the laundry facilities and awaits your creative touch for future development. With easy access to Stoney and Deerfoot Trails, and just moments away from the comprehensive amenities at Seton, including the YMCA and South Health Campus, this home provides an exceptional opportunity to enter a vibrant community. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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236 Silverado Drive in Calgary: Silverado Detached for sale : MLS®# A2283076
236 Silverado Drive Calgary T2X 0G1
$514,900Residential- Status:
- Active
- MLS® Num:
- A2283076
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,416 sq. ft.
This family home offers tremendous value on a massive corner lot with plenty of space to park your RV, boat, and even build that dream double garage in the future! Step inside to discover beautiful hardwood floors throughout the main level with a spacious living room flooded with natural light thanks to two oversized windows, while the open-plan dining room and kitchen stay bright and inviting all day long from additional generous windows. The galley-style kitchen is a chef's delight, featuring stained cabinets, a raised eating bar, and a convenient built-in desk nearby—ideal for kids to tackle homework while staying in sight of the cook! Upstairs, you'll find three generously sized bedrooms, each boasting walk-in closets. Two full 4-piece bathrooms serve the family comfortably and the primary suite is a true retreat with his-and-hers walk-in closets and a private ensuite. Outside enjoy a relaxing covered composite patio with gazebo perfect for year-round enjoyment. Fully fenced for privacy and security, this property is ideally located steps from transit and close to schools, green spaces, playgrounds, walking/biking trails, a winter skating rink, and more. Freshly painted throughout and vacant for immediate possession, this home is truly move-in ready! Don't miss this exceptional opportunity in a family-friendly community packed with parks, recreation, and easy access to everything you need—click on media for the video and schedule your private viewing today! 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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39 Bermuda Drive in Calgary: Beddington Heights Semi Detached (Half Duplex) for sale : MLS®# A2283238
39 Bermuda Drive Calgary T3K 1H5
$524,900Residential- Status:
- Active
- MLS® Num:
- A2283238
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 928 sq. ft.
Welcome to 39 Bermuda Drive NW – a fantastic opportunity in the heart of Beddington Heights! This well-maintained home is perfectly situated in an established Northwest community, just steps from schools, parks, shopping, transit, and everyday amenities. Offering incredible value, this property features four bedrooms, two full bathrooms, and a fully developed illegal basement suite—ideal for extended family or potential rental income. Recent upgrades throughout the home provide peace of mind and modern comfort, including a high-efficiency furnace, new flooring, updated lighting, a new garage roof, and a fully renovated basement kitchen and bathroom. A rare and highly desirable feature for this neighborhood is the OVERSIZED Attached 27’ x 15.9’ Garage—perfect for parking, storage, or a workshop, especially during Calgary winters. The main floor welcomes you with bright, open living spaces highlighted by a cozy gas fireplace and a dedicated dining area—perfect for entertaining or family gatherings. The updated kitchen includes stainless steel appliances and plenty of cabinet space. Two generously sized bedrooms, a refreshed 4-piece bathroom, and private in-suite laundry complete the upper level. Step outside to enjoy your own private deck, ideal for relaxing and enjoying warm summer days. The lower level adds exceptional flexibility with two additional bedrooms, a renovated kitchen, a full bathroom, and separate laundry, making it a comfortable and functional illegal suite. New basement windows provide added natural light and enhanced comfort throughout the space. Freshly painted and move-in ready, this home offers affordability, versatility, and outstanding investment potential in a prime location. Don’t miss this rare opportunity—book your private showing today! More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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117 30 Walgrove in Calgary: Walden Apartment for sale : MLS®# A2283581
117 30 Walgrove Calgary T2X 4M9
$389,900Residential- Status:
- Active
- MLS® Num:
- A2283581
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 891 sq. ft.
Welcome to Unit 117! This incredible gated, walk-up unit is arguably the nicest in the building. Upon entering, you are greeted by a bright, spacious open floor plan featuring a chef’s upgraded kitchen, complete with a built-in microwave, gorgeous centre island, and ample cabinetry for exceptional storage. The unit also includes a custom wall pantry and a cleaning/laundry closet, providing even more function and convenience to your space. Off the living room, you’ll find a sizeable primary bedroom with a deep two-sided closet and a spa-inspired 4-piece ensuite with linen cupboard. Completing this unit is a second bedroom and a 4-piece main bathroom. Additional highlights include central A/C for year-round comfort, a titled underground parking stall with storage right in front, and a private walk-up patio overlooking a beautiful green space with plenty of visitor parking right outside the gate. Located just steps from shops, grocery stores, coffee shops, and public transit, this unit offers the perfect blend of luxury and convenience in pet-friendly Walden Place. Don’t miss your chance to call this stunning unit home — schedule a private tour today! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3218 95 Burma Star Road in Calgary: Currie Barracks Apartment for sale : MLS®# A2283196
3218 95 Burma Star Road Calgary T3E 6L1
$299,999Residential- Status:
- Active
- MLS® Num:
- A2283196
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 615 sq. ft.
BUILDER SALE! Looking for upgrades in a spec unit? This might be the one. Welcome to the Axess building, located in the heart of the historic Currie Barracks community! Step inside to find luxury vinyl plank flooring and an abundance of natural light streaming through oversized windows. The stylish kitchen showcases a modern blend of crisp white and dark cabinetry, upgraded stainless steel appliances including a gas stove, quartz countertops, and a designer tile backsplash. An open counter connects seamlessly to the dining area, perfect for entertaining. The spacious living room leads to a second-floor balcony with a gas BBQ line, easy connect. The generously sized primary bedroom features a walk-through closet with direct access to the elegant 4-piece bathroom, complete with tile flooring, quartz countertops, and a soaker tub. Just off the kitchen is a versatile nook—ideal for extra storage or a small home office setup. Additional highlights include in-suite laundry, underground parking with a car wash, and a private storage locker located directly in front of your parking stall. All this in a prime location—steps from Mount Royal University, walking paths, parks, shopping, and with easy access via Crowchild Trail to Marda Loop and downtown Calgary. A truly exceptional opportunity to own in one of Calgary’s most desirable communities More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated February 3, 2026 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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