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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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308 819 4A Street NE in Calgary: Renfrew Apartment for sale : MLS®# A2285878
308 819 4A Street NE Calgary T2E 3W3 
$214,900Residential- Status:
- Active
- MLS® Num:
- A2285878
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 596 sq. ft.
Welcome to the heart of Renfrew — one of Calgary’s most vibrant and sought-after inner-city communities. Just minutes to downtown (a quick 3-minute drive) and walking distance to Bridgeland’s incredible dining scene, cafés, shopping, and river pathways, this location delivers true urban convenience without the downtown price tag. Offered at $214,900, this is the lowest-priced condo in both Renfrew and Bridgeland — and it shows beautifully inside. Originally built in 1981, this unit has been extensively updated and feels fresh, modern, and move-in ready. The kitchen features newer faux concrete finished countertops, newer stainless steel appliances, upgraded soft-close cabinetry, and in-cabinet lighting that adds a warm, polished touch. The overall aesthetic is clean, stylish, and incredibly inviting — a space that simply feels good the moment you walk in. Additional highlights include heated underground parking (a must for Calgary winters), newer paint, a generous in-suite storage room with potential to explore adding laundry, and a well-managed building with an elected board that stays on top of maintenance and operations. Whether you’re a first-time buyer, investor, or someone wanting an inner-city lifestyle at an unbeatable price point, this is exceptional value in an unbeatable location. More detailsListed by KIC Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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56 5400 Dalhousie Drive NW in Calgary: Dalhousie Row/Townhouse for sale : MLS®# A2285881
56 5400 Dalhousie Drive NW Calgary T3A 2B4 OPEN HOUSE: Feb 14, 202612:00 PM - 03:00 AM MSTOpen House on Saturday, February 14, 2026 12:00PM - 3:00AM come celebrate love with us popcorn, movies and new memories
$490,000Residential- Status:
- Active
- MLS® Num:
- A2285881
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,657 sq. ft.
This wonderfully maintained multi-level townhome blends timeless appeal with a bright, open layout and an unbeatable location in one of NW Calgary’s most cherished communities. Step inside to a spacious living area boasting soaring ceilings, expansive windows, and a cozy fireplace—the ideal backdrop for unwinding after a busy day. The adjoining dining space overlooks the living room and flows seamlessly into a kitchen that pairs nostalgic 1980s charm with dependable, well-crafted appliances. It’s a tasteful nod to durable quality that still meets everyday needs with style. Upstairs, the generous primary suite offers excellent closet space and a private ensuite, complemented by well-sized additional bedrooms that are perfect for guests, a home office, or growing needs. The developed lower level provides flexible space for a home gym, hobby area, or media room. Step outside to your private, fenced patio—perfect for morning coffee or hosting summer barbecues—set within a quiet, mature complex framed by trees and green spaces. Residents enjoy a suite of exclusive amenities including an indoor pool, sauna, squash courts, games room, and a spacious community lounge. Positioned just steps from Dalhousie Station with easy LRT access, top-rated schools, shopping, parks, and the University of Calgary, this home offers an exceptional blend of lifestyle and value. A smart, solid choice for curious buyers seeking comfort, convenience, and long-term appeal. Call to book your private showing and discover why homes in this community are consistently in high demand. 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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227 4138 University Avenue NW in Calgary: University District Apartment for sale : MLS®# A2285588
227 4138 University Avenue NW Calgary T3B 6L4 OPEN HOUSE: Feb 15, 202602:00 PM - 04:00 PM MSTOpen House on Sunday, February 15, 2026 2:00PM - 4:00PM
$499,999Residential- Status:
- Active
- MLS® Num:
- A2285588
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 808 sq. ft.
Welcome to this stylish and beautiful 2-bedroom, 2-bathroom condo in the sought after NW community of University District! This modern condo has been thoughtfully designed with an open-concept layout featuring premium vinyl plank flooring throughout, creating a seamless flow between living spaces. The primary bedroom is generously sized and features a 3-piece ensuite with larger shower and a walk-in closet. A second bedroom is situated on the other side of the unit which can also be used as an office and has a four-piece bathroom across from it. The functional kitchen boasts stainless steel appliances, gas stove, full-height white cabinetry, quartz countertops and a built-in pantry providing lots of storage. The living room opens up to the dining room with a large balcony extending the indoor space for entertaining guests. This desirable corner unit condo allows lots of natural light to flow through it showcasing large windows in almost every room. The in-suite laundry with extra room for storage provides added convenience. The August building offers an impressive array of amenities including a roof-top deck, party room and lounge as well as a car wash in the secure underground area. This unit also comes with a titled underground parking spot and an oversized storage unit, providing exceptional value to this home. This pet-friendly building is also located in one of the most desirable locations in NW Calgary -- steps away from all the amenities one could desire, including Save-On-Foods, Shoppers Drug Mart, Cineplex Theatre, Market Mall and an array of restaurants and coffee shops. This location is ideal for professionals working nearby or studying at the University of Calgary, empty-nesters, investors or anyone seeking a modern, urban lifestyle with easy access to major routes and transportation hubs. Book your private viewing now before this spectacular condo is sold! More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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108 100 Auburn Meadows Common SE in Calgary: Auburn Bay Apartment for sale : MLS®# A2284234
108 100 Auburn Meadows Common SE Calgary T3M 2X7
$384,900Residential- Status:
- Active
- MLS® Num:
- A2284234
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 846 sq. ft.
Experience a refined blend of style, comfort, and everyday convenience in this beautifully appointed 2-bedroom, 2-bathroom ground-floor condo in Auburn Bay. Formerly a Logel Homes show suite, the residence still shows like new and offers a rare private walkout entrance directly to ground level—an ideal feature for pet owners or those who appreciate seamless access. The west-facing outdoor space is a standout, featuring an oversized front deck complete with an updated privacy screen and a gas line for your BBQ, creating a bright, functional extension of the living space that’s perfect for relaxing or entertaining. Inside, the open-concept layout is filled with natural light and showcases thoughtful upgrades throughout, including waterfall-edge quartz countertops on the kitchen island, full-height cabinetry with under-cabinet lighting, a built-in wall oven and microwave, electric cooktop, and luxury vinyl plank flooring. The primary suite is anchored by a spa-inspired ensuite with dual sinks, a fully tiled shower, and a custom walk-through closet with built-in organizers. A second bedroom and full bathroom provide flexible space for guests, a home office, or additional living needs. Additional highlights include central air conditioning, titled underground parking, and a secure storage locker. Pets are welcome with no size or breed restrictions, and low condo fees include heat, water, and maintenance. Set within Calgary’s highly desirable lake community of Auburn Bay, residents enjoy access to the private beach, clubhouse, and extensive pathway system, all just minutes from shopping, restaurants, South Health Campus, and the Brookfield YMCA. Stylish, low-maintenance living in an exceptional location—this home is a must-see! More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1322 Walden Drive SE in Calgary: Walden Semi Detached (Half Duplex) for sale : MLS®# A2285274
1322 Walden Drive SE Calgary T2X 2H5
$565,000Residential- Status:
- Active
- MLS® Num:
- A2285274
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,576 sq. ft.
*TRULY DETACHED GARAGE*FULLY FINISHED*NICELY FINISHED HOME*Immaculately maintained and thoughtfully planned out, you will sure to be impressed with 1322 Walden Drive SE! With almost 2300sqft of developed living space and a true DOUBLE DETACHED GARAGE you will enjoy ample space for the whole family and stay cool all summer with efficient air conditioning. Immediately upon entering you will discover a gorgeous and uplifting color pallet with white oak styled laminate flooring that graces the main floor seamlessly introducing the large living room with over sized windows that invite an abundance of natural daylight in. The gorgeous shaker cabinets frame in the generous kitchen that boasts stunning QUARTZ COUNTER TOPS, stylish subway tile, sleek stainless steel appliances, walk-in pantry and beautiful centre island. Recent upgrades include a new 2025 dishwasher and a 2023 washing machine, adding to the home’s modern appeal and functionality. The current family is using the designated dining room as a secondary family room and dining as well. This great space overlooks the back yard which is fully fenced, landscaped and offers a double detached garage - ideal for our crazy Alberta weather! The upper level offers 3 sizeable bedrooms with the Master Suite including a full 4 pc en suite and walk-in closet. A full 4 piece bath completes this space for the the additional bedrooms to utilize . The FULLY FINISHED basement WITH PERMITS offers a great family room with built-in electric fireplace as a feature focal point along with a FOURTH BEDROOM, Den and full bath. Perfect for a student or friends and family to stay and enjoy. This home also has underground irrigation for the front yard along with upgraded James Hardie Board on the exterior. 1322 Walden is nicely located to the farther portion of Walden where you can find more peace and quiet and within walking distance to a green space/field. Centrally situated, you are are minutes away from the Walden amenities but also within walking distance to the brand new development of Township. Legacy’s community hub that flourishes with art, entertainment, local businesses and marquee outlets. With quick access to both Stony Trail and McLeod and only a short drive to the Seton South Health Campus, this home is a wonderful choice for you and your family. Welcome Home!! More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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114 Wolf Creek Rise SE in Calgary: Wolf Willow Detached for sale : MLS®# A2285595
114 Wolf Creek Rise SE Calgary T2X 4X1
$579,999Residential- Status:
- Active
- MLS® Num:
- A2285595
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,487 sq. ft.
OPEN HOUSE SAT & SUN 1-3PM Welcome to this immaculate TRICO FORMER SHOW HOME in the highly desirable Wolf Willow community! This pristine 3-bedroom, 2.5-bathroom home has never been lived in , Boasting over $45,000 in builder upgrades with tasteful, high-end finishes throughout, this home features air conditioning for year-round comfort, professionally landscaped yard with mature plantings, and a beautiful deck perfect for entertaining. Every room showcases thoughtfully designed accent walls adding character and style, while a convenient office desk nook on the second-floor hallway maximizes every inch of space. Ideally situated steps away from the dog park, this home is perfect for pet owners and families alike. Wolf Willow has long been cherished for its natural beauty, diverse fish and wildlife, and abundant recreational opportunities. With its contemporary design, numerous amenities, and strong connection to the river, Wolf Willow brings the lifestyle and beauty of the Bow River Valley right to your doorstep. This is a rare opportunity to own a designer showhome. More detailsListed by RE/MAX House of Real Estate- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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434 1421 7 Avenue NW in Calgary: Hillhurst Apartment for sale : MLS®# A2282922
434 1421 7 Avenue NW Calgary T2N 0N3
$240,000Residential- Status:
- Active
- MLS® Num:
- A2282922
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 645 sq. ft.
Welcome to your new home in the heart of Hillhurst! Nestled in one of Calgary’s most vibrant inner-city communities, this stylish 1-bedroom, 1-bath condo offers the perfect blend of modern living and unbeatable urban convenience. This 645 sq. ft. residence features durable and attractive vinyl plank flooring throughout, and a bright, open-concept layout highlighted by massive windows that flood the space with natural light. The updated kitchen showcases newer cabinetry with ample storage, beautiful stone countertops, and a functional design ideal for both everyday living and entertaining. Enjoy a top-floor location overlooking Riley Park, complete with stunning downtown city views—a true million-dollar view without the price tag. The fully renovated 4-piece bathroom features a deep soaker tub, striking tile work, and a large vanity offering excellent storage. Located just steps from Kensington’s shops, restaurants, and cafés, walking distance to the CTrain, and only minutes from SAIT (5 minutes) and the University of Calgary (10 minutes), this well-managed complex is ideal for first-time buyers, professionals, or investors looking to enter the rental market. Whether you’re seeking a vibrant urban lifestyle or a smart investment in a prime inner-city location, this Hillhurst condo delivers on location, views, and value. 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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1 706 56 Avenue SW in Calgary: Windsor Park Row/Townhouse for sale : MLS®# A2283891
1 706 56 Avenue SW Calgary T2V 0H1
$585,000Residential- Status:
- Active
- MLS® Num:
- A2283891
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,192 sq. ft.
Immediate possession available in this bright, beautifully refreshed inner-city townhouse — offering comfort, functionality, and an unbeatable location. Freshly repainted throughout, this south-facing 3-bedroom townhouse feels light, clean, and move-in ready. With nearly 1,550 sq. ft. of developed living space, including a fully finished basement, the layout is both thoughtful and versatile. The open-concept main floor features real hardwood flooring, large windows that flood the space with natural light, a cute window bench with built-in storage, and a cozy corner gas fireplace. The kitchen blends style and practicality with granite countertops, ample cabinetry, a large corner pantry, stainless steel appliances (including a gas stove and fridge with ice maker), garburator, and a breakfast bar perfect for everyday living. A convenient 2-piece powder room completes this level. Upstairs, you’ll find two generous bedrooms, each with its own private ensuite — including a relaxing jetted tub in the primary bedroom. All bathrooms feature granite countertops, and the upper-floor laundry with linen storage adds everyday convenience (no going up and down to get laundry!). The fully finished basement expands the living space with a second gas fireplace in the sitting or recreation area, plus a third bedroom with its own ensuite — ideal for guests, a home office, or extended family. (Yes — every bedroom in this home has its own ensuite.) Additional storage and a tidy utility room with built-in shelving complete the lower level. Additional upgrades include central air conditioning, a newer hot water tank (approx. 2018), and a convenient programmable thermostat. Your garage parking stall is ideally positioned next to the wall for added convenience, with loads of storage shelving along the walls. Outdoors, enjoy your sunny, south-facing fenced patio and yard, complete with a natural gas BBQ hookup — perfect for summer evenings. Mail is delivered directly to your door for added security and convenience. The home is part of a well-run, self-managed condo complex with low condo fees of $300 a month, making it an excellent option for both homeowners and investors. And the location? Hard to beat. Walk to Chinook Centre, Glenmore Reservoir, Britannia Plaza, parks, tennis courts, and transit, with quick access to downtown, Glenmore Trail, and Elbow Drive. Whether you’re looking for a low-maintenance place to call home or a smart inner-city investment, this freshly updated townhouse offers exceptional value in one of Calgary’s most established and desirable communities. Do not miss out on this home, and message me for a private showing today!! 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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7 Covewood Park in Calgary: Coventry Hills Detached for sale : MLS®# A2284449
7 Covewood Park Calgary T3K 4T1
$514,800Residential- Status:
- Active
- MLS® Num:
- A2284449
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,285 sq. ft.
Welcome to this bright inviting family home on a quiet corner lot in the great community of Coventry Hills, just steps from schools and everyday amenities. The main floor features easy-care laminate flooring, a bright living room with a large front window, and a functional kitchen with an island peninsula and spacious dining area—perfect for family meals or entertaining. A convenient 2-piece bathroom and main floor laundry complete the space. Upstairs offers three well-sized bedrooms, each with its own walk-in closet. The primary bedroom also enjoys direct access to the main bathroom. The unfinished basement with roughed-in plumbing is ready for your personal touch. Outside, you’ll find a large yard, parking for two vehicles, and a storage shed for extra storage. Recent updates include roof and siding (2025) and furnace and hot water tank (2023), making this home a smart and worry-free choice. Book your showing today. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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403 1540 29 Street NW in Calgary: St Andrews Heights Row/Townhouse for sale : MLS®# A2284703
403 1540 29 Street NW Calgary T2N 4M1 OPEN HOUSE: Feb 15, 202602:00 PM - 04:30 PM MSTOpen House on Sunday, February 15, 2026 2:00PM - 4:30PM
$315,000Residential- Status:
- Active
- MLS® Num:
- A2284703
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,219 sq. ft.
Spanning a spacious single level, this immaculate top-floor end unit offers a rare combination of bungalow-style living and urban convenience, making it a standout choice for young professionals, downsizers, and savvy investors alike. The interior features a bright, open-concept kitchen and a sun-drenched breakfast nook that flows into a massive living area, all complemented by upgraded windows, lighting, and paint. The versatile layout includes a good-sized primary retreat, two additional queen bedrooms, and a convenient den, perfect for a home office. Outdoor living is elevated by a massive west-facing private deck, and you get 2 covered side-by-side stalls right outside your front door, which is a rare luxury in this complex. Strategically positioned in Calgary’s premier medical and education hub, you are just steps from the Foothills Hospital, the new Cancer Centre, the Children’s Hospital, and the University of Calgary, with immediate access to the river path system and a quick commute to both downtown and the mountains. This prime location has made the property a great investment asset with a proven track record, having been consistently rented with zero vacancy for years, offering exceptional income potential for the next owner. Ready for a quick possession, book your 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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149 66 Glamis Green SW in Calgary: Glamorgan Row/Townhouse for sale : MLS®# A2285281
149 66 Glamis Green SW Calgary T2E 6V1
$369,900Residential- Status:
- Active
- MLS® Num:
- A2285281
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,159 sq. ft.
Don’t miss out on this tastefully upgraded 2-bedroom plus bonus room, 1.5-bath ground-level 2-story corner unit townhouse—a beautifully updated home that truly stands out! Inspired with a contemporary neutral palette throughout, this property features an impressive list of upgrades. The kitchen has been fully updated with professionally painted Benjamin Moore cabinetry, boxed enclosures to the ceiling, upgraded black fixtures, and newer stainless steel appliances, including a Samsung OTR microwave, French-door refrigerator, and slide-in convection stove. The home also features new luxury vinyl plank flooring throughout, hexagon and French inspired subway tile accents, fresh Benjamin Moore paint, and three stunning feature walls that add warmth and charm. Additional upgrades include new toilets, hardware, lighting, blinds, plantation shutters, and a Phantom screen leading to the main floor deck. A cozy gas fireplace anchors the main living area, creating a warm and inviting space perfect for relaxing or entertaining. Upstairs, you’ll find a stylish renovated bathroom, convenient laundry hookups, two large bedrooms, and a lovely large private deck right off the second bedroom. The bathroom renovation is a must-see—beautifully finished with modern selections and excellent craftsmanship. The fenced yard has been decked so you can enjoy the warmer months in style, easily fitting a patio table & chairs, or a more relaxed conversation set. A small green space with turf for anyone with furry friends. With the best garage in the complex, this unit features a rare 2.5-car heated oversized garage offering ample parking and storage options. The roof, siding, hot water tank, and patio doors have all been recently replaced, and the condo fee includes your water, sewer, and trash removal. It is very well-managed and has a healthy reserve fund. Located across from a quiet park, the setting feels peaceful and private while still offering quick access to major roads, including Glenmore, Sarcee, Stoney, and Crowchild Trails. Only 5 minutes to Westhills shopping center, with all major amenities that you would possibly need. This home is perfectly situated with close proximity to North Glenmore Park and Weaselhead Natural Area and 15 minutes to downtown! This exceptional home offers comfort, style, and convenience all in one place. Come and experience it in person and make this your home! More detailsListed by Real Estate Professionals Inc.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1545 Legacy Circle SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2285555
1545 Legacy Circle SE Calgary T2X 2C3
$585,000Residential- Status:
- Active
- MLS® Num:
- A2285555
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,643 sq. ft.
OPEN HOUSE, FEBRUARY 15th, 1.00-3.00pm. WATCH YOUR KIDS GOING TO SCHOOL! Welcome to your perfect family retreat in the sought-after community of Legacy! This cozy and well-maintained 3-bedroom, 2-bathroom home offers comfort, convenience, and modern style in one of Calgary’s most family-friendly neighborhoods. Step inside to a bright, open-concept layout filled with natural light throughout. The modern kitchen features plenty of cupboards, generous countertop space, and sleek finishes—perfect for both everyday living and entertaining. The cozy family room provides a warm and inviting space to relax and unwind. Additional features include central A/C to keep you comfortable year-round and a built-in vacuum system with attachments for added convenience. Enjoy the ease of a low-maintenance backyard, ideal for busy families or anyone who loves outdoor time without the extra upkeep. A double detached garage adds extra convenience and storage. Located right across from a brand new school, it’s the ultimate location for families with young children. Plus, you’re just minutes away from parks, walking paths, and local shops in the vibrant Legacy community. Don’t miss this opportunity to make this beautiful 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 February 12, 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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