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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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6109 151 Legacy Main Street SE in Calgary: Legacy Apartment for sale : MLS®# A2271148
6109 151 Legacy Main Street SE Calgary T2X 4A4 
$345,000Residential- Status:
- Active
- MLS® Num:
- A2271148
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 874 sq. ft.
Welcome to Legacy Park II, where comfort, convenience, and sunshine filled living meet in the heart of one of Calgary’s most loved communities. This inviting two bedroom, two bathroom corner unit sits on the main floor with a southwest facing orientation that fills the home with natural light throughout the day. The open concept layout creates an easy flow between the bright living room, dining area, and modern kitchen, which features luxury vinyl plank flooring, stainless steel appliances, quartz countertops, and soaring high ceilings that enhance the airy feel. The primary bedroom enjoys its own three piece ensuite, while the second bedroom is perfect for guests, a home office, or a growing family and is complemented by a full four piece bathroom. Step outside to a private gated patio that faces south, offering the ideal place to sip your morning coffee, watch the sunsets, or create a cozy outdoor retreat for pets or entertaining. This well managed, pet friendly complex includes secure titled underground parking and a convenient storage locker located right beside your parking stall. All of this is set within steps of Legacy’s everyday amenities including Township Shopping Centre, grocery stores, restaurants, cafes, fitness studios, playgrounds, parks, and scenic walking paths that wind through ponds and green spaces. With schools, bus routes, and access to Macleod Trail and Stoney Trail only minutes away, this is a home that blends comfort, lifestyle, and unbeatable convenience. 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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319 222 Riverfront Avenue SW in Calgary: Chinatown Apartment for sale : MLS®# A2272721
319 222 Riverfront Avenue SW Calgary T2P 0W3
$445,000Residential- Status:
- Active
- MLS® Num:
- A2272721
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 949 sq. ft.
***Freshly Painted*** Are you an urban professional who walks to work? With a Walk Score of 96, the condos at WATERFRONT are tailored for your lifestyle. This bright, south-west-facing CORNER UNIT in the sought-after 'A' Tower (East) features 2 bedrooms and 2 bathrooms, and is move-in-ready. Modern, upscale finishes include stainless steel appliances with a gas cooktop, integrated fridge, New dishwasher, quartz countertops, a pantry, wide-plank hardwood flooring, soft-close custom cabinetry, a gas fireplace, Grohe plumbing fixtures, and 9-foot ceilings. Enjoy outdoor living on the large, covered balcony equipped with a gas BBQ hookup. Also included are an oversized underground parking stall (P3) and a storage locker on the 3rd floor. WATERFRONT offers exceptional amenities: 24/7 concierge and security, guest suite, owners’ lounge with kitchen and pool table, screening room, fully equipped fitness and yoga studio, hot tub, car wash bay (P4), and secure bike storage. Convenient retail services—including a coffee shop, wine store, and hair salon—are located right on the main level. Plus, you're just minutes from Bow River Pathways and Prince’s Island Park. Explore the Virtual Video Tour on YouTube by searching MLS® # A2272721. The lowest-priced condo in this complex, call to book a 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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6308 315 Southampton Drive SW in Calgary: Southwood Apartment for sale : MLS®# A2272677
6308 315 Southampton Drive SW Calgary T2W 2T6
$230,000Residential- Status:
- Active
- MLS® Num:
- A2272677
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 812 sq. ft.
Welcome to this well-maintained top floor, two-bedroom, one-bathroom apartment, located in a very quiet area of the complex. Enjoy a bright and inviting atmosphere with a south-facing balcony that overlooks the courtyard, providing plenty of natural light and a peaceful view. This apartment features a generous open floor plan, highlighted by a spacious living room with large glass sliding doors that open onto the balcony. The adjoining dining room offers ample space for entertaining or family meals, seamlessly connected to the living area for a comfortable flow throughout the home. The kitchen provides abundant cabinet and counter space, making meal preparation a breeze. There is also room to install additional shelving for even more storage options, ensuring your kitchen remains organized. Down the hallway, you will find two well-sized bedrooms. The primary suite features an expansive walk-in closet, offering generous storage, while the second bedroom is also a good size and ideal for guests, family, or a home office. The four-piece main bathroom is conveniently located near the bedrooms. The home boasts excellent storage solutions, including a large storage room within the unit and an additional storage room accessible from the balcony, perfect for seasonal items or extra belongings. This home has been recently painted throughout, including the cabinets, walls, ceiling, doors, baseboards and casings. The result is a very clean and fresh space, completely ready for you to move in. The complex offers a variety of amenities to enhance your lifestyle, including a recreation area with a gym, badminton tables, squash court, change rooms and a meeting room with a kitchen that can be booked through the condo board. Residents benefit from a well-maintained and quiet environment, making this an ideal place to call home. With the possibility of monthly payments equal to or less than current rental rates, this home presents an excellent opportunity for homeownership in a desirable community. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1202 125 Panatella Way NW in Calgary: Panorama Hills Row/Townhouse for sale : MLS®# A2272551
1202 125 Panatella Way NW Calgary T3K 0R9
$419,500Residential- Status:
- Active
- MLS® Num:
- A2272551
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,638 sq. ft.
Discover Townhouse 1202; A full-size home with room to live and room to grow in a convenient Panorama Hills location. Here are five things we love about this home (and we’re sure you will too): 1. A FLOORPLAN MADE FOR REAL LIFE: As homes trend smaller and smaller across the city Townhouse 1202 is a breath of fresh air! Offering 1638 SqFt of refined and functional living space, 3 bedrooms + Den + Office, 2.5 bathrooms and a double attached garage, this is a full-size home! The main floor is perfectly proportioned and built around an infill-inspired central kitchen offering ample work/storage space with raised breakfast bar and pendant lighting while opening onto a gorgeous sun-filled dining area. The living room easily accommodates your furnishings with an adjacent office/homework nook while a nice-sized balcony with BBQ gas line becomes an extension of your living space in the warmer months. Upstarts the primary bedroom is wonderfully equipped with a 3-piece ensuite and walk-in closet while laundry is conveniently located just outside the primary door. Two other well-proportioned bedrooms share a 4-piece main bath. The above grade lower level offers an excellent flex space with large window and pocket doors which easily becomes a home office, guest suite or playroom depending on your needs along with access to your full-size double (not tandem) garage. 2.LOCATION IN THE COMPLEX: Townhouse 1202 is located on the corner of the front row of the complex. This means you not only have windows on three sides but no one looking in/blocking your natural light coming through your South facing windows. 3. A CONVENIENT NORTHWEST COMMUNITY: Panorama Hills is a popular, established neighbourhood located in Northwest Calgary. Residents enjoy easy access to many shops, services and amenities while commuting to downtown or to the mountains is a breeze with easy access to Stoney Trail, Harvest Hills Boulevard and 14th Street. From Townhouse 1202 you are walking distance to the amazing Vivo Rec Centre and dozens of shops, restaurants and professional services at Coventry Hills Centre, the library and North Trail Highschool. 4. AMAZING NATURAL LIGHT: An end unit combining South, West and North exposures with oversize window and 9’ ceilings ensure this home is full of all-day natural light. 5. WORK FROM HOME? Not a problem here! Uniquely designed with flexible spaces this home offers not only a good-sized den (which could easily double as a guest room) but an office nook/homework station off the living room offering flexibility and options depending on your needs/lifestyle. 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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412 5 Saddlestone Way NE in Calgary: Saddle Ridge Apartment for sale : MLS®# A2272368
412 5 Saddlestone Way NE Calgary T3J 0S2
$229,000Residential- Status:
- Active
- MLS® Num:
- A2272368
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 681 sq. ft.
Are you looking for a smart investment or a place to call your own at an attractive price point with low condo fees? This could be the one. This fantastic condo delivers comfort, practicality, and real value with low condo fee’s. Situated on the TOP FLOOR , this MOVE-IN-READY unit offers a fabulous peaceful PARK/POND VIEW and a setting you’ll appreciate every day. This well-kept and spacious 2-bedroom, 1-bathroom condo is located in the family-friendly, amenity-filled community of Saddle Ridge. The location is hard to beat, with quick access to the Saddletown C-Train Station, the Genesis Centre, nearby restaurants, and an excellent proximity to a network of walking and biking paths. This bright top-floor unit spans nearly 700 sq. ft. and features an open-concept layout designed to make the most of the space. From the main living area, step onto the sun-filled south-facing balcony and take in relaxing views of the park and scenic pond — a great place to recharge or host guests. The kitchen flows seamlessly into the main living space and includes stone countertops, rich dark cabinetry, & generous counter space. The additional large counter makes it the perfect spot for everyday use, casual meals or hosting family and friends. The comfortable living room provides a peaceful place to relax after a long day. The dining area makes it easy to gather with family and friends for meals and special occasions. In-suite laundry adds everyday convenience and functionality. The primary bedroom offers plenty of room to unwind and includes a large closet, while the second bedroom is also nicely sized and features its own closet. A 4-piece bathroom completes the layout with stylish stone counters. Step outside to your balcony, ideal for BBQs, fresh air, and quiet moments outdoors. Other notable features include IMMEDIATE POSSESSION AVAILABILITY, low condo fees, and a conveniently located parking stall close to the main entrance. The elevator is also conveniently located close to your unit for easy access in and out. This home offers excellent value for first-time buyers, professionals, downsizers, or anyone looking for a reliable investment opportunity. Schedule your showing today and come see everything this property has waiting for you! 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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12 Royal Oak Lane NW in Calgary: Royal Oak Row/Townhouse for sale : MLS®# A2272489
12 Royal Oak Lane NW Calgary T3G 6B5
$474,900Residential- Status:
- Active
- MLS® Num:
- A2272489
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,404 sq. ft.
Welcome to 12 Royal Oak Lane NW, a beautifully designed four-level split townhouse offering over 1,400 sqft of developed living space and exceptional privacy with two spacious bedrooms - each with its own ensuite. Step into the inviting heated foyer, leading up to a stunning main living area with dramatic 12-ft ceilings, oversized windows, and a cozy gas fireplace that creates an elegant yet comfortable atmosphere. From here, garden-style French doors open to a full concrete patio and fenced yard - a rare outdoor retreat with direct access to community green space and the shared gazebo. The upper level features a bright kitchen and dining space overlooking the main floor, complete with sleek cabinetry, a built-in oven, and access to the south-facing balcony - perfect for morning coffee or evening relaxation. Upstairs, both bedrooms are thoughtfully separated for privacy, each offering a walk-in closet and 4-piece ensuite, with the primary suite showcasing serene mountain views. The lower level provides additional versatility - ideal for a home office, fitness area, or future development. An oversized attached single garage plus driveway parking and convenient visitor stalls right outside complete this impressive home. Set in the family-friendly community of Royal Oak, residents enjoy access to highly regarded nearby schools, scenic parks and pathways, and an exceptional selection of shopping and amenities. Multiple retail plazas are only minutes away, offering grocery stores, restaurants, medical and professional services, and fitness options. The nearby Shane Homes YMCA at Rocky Ridge provides state-of-the-art recreational facilities, while quick access to major roadways makes commuting effortless. A standout opportunity for first-time buyers, downsizers, or anyone seeking a low-maintenance home with elevated style. Book your showing today! More detailsListed by Royal LePage Solutions- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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211 323 20 Avenue SW in Calgary: Mission Apartment for sale : MLS®# A2272726
211 323 20 Avenue SW Calgary T2S 2G5
$424,000Residential- Status:
- Active
- MLS® Num:
- A2272726
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 697 sq. ft.
Located in one of the city’s most walkable communities and just steps from Lindsay Park, this south-facing two-bedroom home is ideal for anyone looking to enjoy the unmatched amenities of Mission. With nine-foot ceilings and an award-winning layout, the living space flows seamlessly to a large, covered balcony. The U-shaped kitchen features quartz countertops, under-cabinet lighting, Fisher & Paykel stainless steel refrigerator, double-drawer dishwasher, built-in convection oven, Frigidaire microwave hood fan, garburator, and a four-burner Bosch gas cooktop. Near the front entry, you’ll find the Samsung washer/dryer and oversized entry closet offering ample room for seasonal storage. The four-piece bathroom includes quartz counters and a deep soaker tub with full tile surround. The second bedroom/office has a sleek sliding door and is positioned away from the primary bedroom and near the main bath. The primary accommodates a king-sized bed and includes custom blackout curtains and a generous walk-through closet. The three-piece ensuite features a full-height wall-mirror, quartz counters, exceptional vanity storage, and a linen closet. The 97 sq. ft. south-facing balcony with gas line hookup looks out at a tree line and over the secured community garden. This home includes *two titled, oversized, side-by-side parking stalls* located directly beside the parkade entrance and enclosed by concrete on both sides, with an assigned storage locker nearby. The building offers a car wash bay, secure bike storage, and plenty of underground visitor parking. Mission is tough to beat. If you value the ability to walk to a grocery store, boutique shops, arts & entertainment, the Elbow River pathways, and some of the best restaurants in the city - this could be the place for you. 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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2208 80 Greenbriar Place NW in Calgary: Greenwood/Greenbriar Apartment for sale : MLS®# A2272759
2208 80 Greenbriar Place NW Calgary T3B 6J4
$565,000Residential- Status:
- Active
- MLS® Num:
- A2272759
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,149 sq. ft.
Welcome to 80 Greenbriar Place NW, a 1,148 sq. ft. corner unit offering exceptional natural light and a thoughtfully designed open layout in one of Northwest Calgary’s most desirable locations. Positioned steps from Calgary’s Farmers Market, WinSport, and a variety of nearby shopping centres and everyday amenities, this home combines convenience with lifestyle. The interior features a fully upgraded kitchen with modern cabinetry and upgraded stainless steel appliances, along with enhanced lighting selections including brighter fixtures in the bathrooms, and the comfort of an installed air conditioning unit. The corner positioning not only enhances the natural light, but the view remains unobstructed as the space in front of the unit is designated for future parking development rather than additional buildings. The home also includes a tandem underground parking stall providing secure parking for two vehicles. With all builder upgrades already added and a wide, open interior that offers flexibility for living and entertaining, this residence is a polished and move-in-ready opportunity in a highly connected and growing community. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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251 142 Avenue NW in Calgary: Carrington Row/Townhouse for sale : MLS®# A2271843
251 142 Avenue NW Calgary T3P 1B2
$570,000Residential- Status:
- Active
- MLS® Num:
- A2271843
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,387 sq. ft.
NO CONDO FEES....This well-maintained home offers a smart layout and comfortable living throughout. Upon entering, you are greeted by a convenient front entry closet and a bright living area to your left. The main floor flows effortlessly into a spacious dining area and continues toward the well-appointed kitchen, featuring stainless steel appliances, ample cabinetry, and a window overlooking the double-detached garage. This level also includes a half bathroom and direct access to both the garage and the lovely backyard—perfect for outdoor enjoyment. The upper level offers three well-sized bedrooms. The primary suite features a walk-in closet and a private ensuite, while the additional two bedrooms share a full bathroom. Designer wallpaper and feature walls enhance the home with added warmth and character. The builder-developed basement provides excellent additional living space, complete with a fourth bedroom, a full bathroom, and a versatile recreation area ideal for family gatherings or entertainment. The location is highly convenient, offering close access to nearby schools, parks, dayhome services, pharmacies, grocery options, and various dining and shopping amenities. Everything you need is just minutes away, making this a truly ideal place to call home. More detailsListed by Amovista- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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7 2019 2 Avenue NW in Calgary: West Hillhurst Row/Townhouse for sale : MLS®# A2272553
7 2019 2 Avenue NW Calgary T2N 0G6 OPEN HOUSE: Nov 29, 202502:30 PM - 04:30 PM MSTOpen House on Saturday, November 29, 2025 2:30PM - 4:30PMOPEN HOUSE: Nov 30, 202502:00 PM - 04:00 PM MSTOpen House on Sunday, November 30, 2025 2:00PM - 4:00PM
$399,900Residential- Status:
- Active
- MLS® Num:
- A2272553
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 552 sq. ft.
OPEN HOUSES SAT Nov 29 2-4pm and Sun Nov 30 2:30-4:30** CORNER 3-BED / 1.5-BATH TOWNHOUSE IN DESIRABLE WEST HILLHURST | 1,092 TOTAL SQ. FT. | LOW CONDO FEES Located in one of Calgary's most sought-after inner-city communities, this charming bilevel townhouse offers unbeatable convenience—steps from the trendy cafés and shops along 19th Street and within walking distance to Queen Elizabeth School (K–12). You're also just minutes from Kensington, downtown, SAIT, Foothills Hospital, and the Bow River pathways. This rare corner unit features 3 bedrooms, 1.5 baths, and a den/flex room. As you enter, you're greeted by a bright, open layout highlighted by south-facing windows and updated vinyl plank flooring. The dining area flows seamlessly into the spacious living room, which opens onto a private balcony—perfect for unwinding on warm summer evenings. The main level includes a versatile flex room with a stylish barn door, ideal for a home office or additional storage. A convenient 2-piece powder bath and a pristine, full-size kitchen complete the floor. The kitchen is equipped with updated appliances, including a brand-new dishwasher. The lower level hosts all three bedrooms, each featuring oversized windows that bring in plenty of natural light plus updated pot lighting. The primary bedroom includes additional crawl-space storage in the closet—an excellent use of space. A beautifully updated 4-piece bathroom with modern tile work and a soaker tub, plus the laundry area, round out this level. Outdoor common storage provides ample room for bikes and gear. Additional highlights include newer windows and updated front and patio doors. The unit comes with an assigned parking stall, with plenty of street parking available. With an unmatched location close to Kensington, river pathways, the revitalized 19th Street district, and within walking distance to downtown, this home delivers the ideal inner-city lifestyle. More detailsListed by Royal LePage Benchmark- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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209 611 Edmonton Trail NE in Calgary: Crescent Heights Apartment for sale : MLS®# A2272514
209 611 Edmonton Trail NE Calgary T2E 3J3
$224,990Residential- Status:
- Active
- MLS® Num:
- A2272514
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 684 sq. ft.
Welcome to Arcadia at Crescent. This newly built (2014) and beautifully maintained 684 sq. ft. one-bedroom, one-bathroom condo is just steps from downtown Calgary in the heart of Crescent Heights. This spacious unit offers a surprisingly large living area for a one-bedroom layout, in-suite laundry, titled secure underground parking, elevator access, and a dedicated bike storage room. The interior features tile flooring in the kitchen and bathroom, complemented by laminate flooring throughout the living room and bedroom. The modern kitchen is equipped with quartz countertops and stainless steel appliances, while the bathroom is finished with quartz counters to match. A highlight of this home is the large west-facing covered balcony, facing away from Edmonton Trail to provide a quiet, sunny retreat and ensuring the interior stays peaceful year-round; perfect for relaxing afternoons or sheltered winter barbecues. Mere blocks from downtown and surrounded by parks, tennis courts, basketball courts, greenspace, the Bow River pathway, and the vibrant restaurants, cafés, and shops of Bridgeland, this home delivers the ideal blend of urban convenience and community charm. Book your showing today. This one won’t last! 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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128 369 Rocky Vista Park NW in Calgary: Rocky Ridge Apartment for sale : MLS®# A2272697
128 369 Rocky Vista Park NW Calgary T3G 5K7
$319,900Residential- Status:
- Active
- MLS® Num:
- A2272697
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 833 sq. ft.
Welcome to this fully renovated and move-in ready 2 bedroom, 2 full bathroom home in the sought-after Pavilions at Rocky Ridge — the perfect fit for young professionals who want modern style, amazing amenities, and unbeatable access to transit. Although this home is located on level one, it sits well above ground level, offering extra privacy, security, and elevated south-west facing views. This unit feels nearly brand new after a major renovation that includes new flooring throughout, all new interior doors and casings, knockdown ceilings, upgraded lighting, fresh paint, and a full set of new stainless steel appliances. The open-concept layout brings in tons of natural light, with a bright living room and kitchen that flow seamlessly together. Enjoy stunning south west facing views of Canada Olympic Park and warm evening sunlight from your private balcony complete with a gas BBQ hookup. From the front side of the balcony, you can even catch a glimpse of downtown Calgary. The spacious primary bedroom features a 3-piece ensuite and walk-in closet, while the second bedroom is perfect for guests, a home office, or a roommate. You’ll also appreciate the full-size laundry room with extra storage, plus an additional exterior storage area right on the balcony. Your titled underground parking stall is conveniently located just steps from the elevator for easy year-round access. Residents of The Pavilions enjoy an impressive lineup of amenities, including a fitness centre, theatre room, library, social room, and a games room with a pool table and more. All of this in a quiet, well-managed community with quick proximity to the Rocky Ridge LRT, parks, pathways, and all Northwest Calgary conveniences. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated November 26, 2025 at 10:05 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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