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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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3301 24 Hemlock Crescent SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2271459
3301 24 Hemlock Crescent SW Calgary T3C 2Z1 
$315,000Residential- Status:
- Active
- MLS® Num:
- A2271459
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 803 sq. ft.
Incredible LOCATION, VIEWS, and VALUE! This beautifully appointed apartment-style condo sits right next to Shaganappi Golf Course and is less than 10 minutes to downtown Calgary, offering the perfect balance of nature and convenience. The Douglas Fir Trail offers an exceptional inner-city hike right outside your door, and nearby Edworthy Park adds even more outdoor options with its dog park, playgrounds, picnic areas, and access to the Bow River pathway. Inside, this spacious 800+ sq. ft. unit offers an ideal 1-bedroom + DEN floorplan. There is beautiful hardwood flooring throughout the main areas, and the kitchen impresses with stainless steel appliances, an upgraded GAS RANGE, and a warm, timeless colour palette with excellent cabinet space. The open-concept living and dining areas feel bright and inviting thanks to the large windows, and the corner GAS FIREPLACE creates a cozy atmosphere for winter evenings. Step onto the SOUTH-FACING balcony overlooking the GOLF COURSE—private, peaceful, and wonderful to enjoy throughout the year. The primary bedroom is generously sized with two closets, space for a king-sized bed, side tables, and a dresser, plus a lovely window that fills the room with welcoming morning light. The oversized bathroom features IN-FLOOR HEAT, a separate soaker tub and shower, a generous vanity with excellent counter and mirror space, and an upgraded modern faucet. The versatile DEN is perfect as a home office, Peloton room, or yoga space—whatever your lifestyle requires. Additional features include in-suite laundry, a front-entry closet, and a separate storage locker in the underground parkade. The building features CONCRETE construction, which helps minimize noise transfer between units for a quieter living experience. Residents enjoy thoughtful amenities including a fitness centre, a common room, bike storage, TITLED UNDERGROUND PARKING, and even a CAR-WASH BAY. Condo fees conveniently include heat, water, and gas, making this an exceptional turnkey opportunity for both homeowners and investors. This MOVE-IN-READY property in Spruce Cliff is truly impressive—don’t miss your chance to make it yours before the new year! 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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1205 55 Spruce Place SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2271585
1205 55 Spruce Place SW Calgary T2R 1S4
$345,000Residential- Status:
- Active
- MLS® Num:
- A2271585
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 766 sq. ft.
Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo offering stunning southwest exposure and immaculate mountain views from both the living room and primary bedroom. Flooded with natural light throughout the day, this home combines comfort, convenience, and lifestyle in one of Calgary’s most connected west-side locations. Strategically located just 10 minutes from downtown, this community offers exceptional bike trails that lead directly to the Bow River and city core. Westbrook Mall, Walmart, and an abundance of shops, cafés, and restaurants are all within walking distance, and the Westbrook LRT station is located right outside the building for effortless commuting. Shaganappi Golf Course sits just next door for those who love the outdoors. Residents enjoy a full range of on-site amenities including a fitness centre, indoor swimming pool and hot tub for year-round use, and conference rooms available for private bookings. This home also includes a titled parking stall in the heated underground parkade and an assigned storage unit for added convenience. Perfect for professionals, downsizers, or investors, this property offers a bright and spacious layout, breathtaking views, and an unbeatable location surrounded by every amenity imaginable. More detailsListed by LPT Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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49 Carrington Rise NW in Calgary: Carrington Row/Townhouse for sale : MLS®# A2271510
49 Carrington Rise NW Calgary T3P 0Y8
$519,888Residential- Status:
- Active
- MLS® Num:
- A2271510
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,348 sq. ft.
Welcome to this amazingly very well maintained, NO CONDO FEE townhome in the heart of Carrington NW. A place that has been lovingly cared for and enjoyed every single day. The main floor invites you in with a bright open layout where the living room, dining area, and kitchen flow together effortlessly, creating a space that feels warm and lived in. Upstairs, the primary bedroom offers a comfortable retreat with its four piece ensuite and walk in closet, while the second bedroom and bonus room provide the kind of flexibility that grows with you. The upper floor laundry adds everyday ease that owners can truly appreciate. The finished basement has been a wonderful extension of the home, offering an additional bedroom, bathroom, and plenty of space for guests or family to settle in comfortably. The attached double garage has been a reliable companion through every season, always ready when needed. This home sits near Stoney Trail and Centre Street, giving you convenient access to the entire city while still being close to parks, walking paths, schools, and shopping in neighbouring communities like Evanston, Livingston, and Panorama Hills. Grocery stores, dining spots, and everyday essentials are all within minutes, making life here wonderfully simple. This is a home that has been loved, enjoyed, and cared for, ready for its next chapter with someone who will appreciate it just the same. Schedule your listing today! More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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643 Regal Park NE in Calgary: Renfrew Row/Townhouse for sale : MLS®# A2267854
643 Regal Park NE Calgary T2E 0S6
$325,000Residential- Status:
- Active
- MLS® Num:
- A2267854
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 864 sq. ft.
Welcome Home to Regal Park! This is your urban retreat surrounded by nature. Tucked away in the highly sought-after Regal Park complex, this charming townhome offers the perfect blend of peaceful, forest inspired surroundings and unbeatable city convenience. Thoughtfully designed for comfortable living, this home is ideal for anyone seeking a balance between relaxation and accessibility. Step inside to discover a bright kitchen with plenty of cabinetry and counter space, perfect for everyday cooking or hosting friends. The spacious living area opens directly onto a lush green space, creating a calm and private atmosphere for your morning coffee or evening unwind. Upstairs, the primary bedroom provides a cozy retreat, complemented by a second bedroom that’s perfect for guests, a home office or a growing family. A full four-piece bathroom completes the upper level. Downstairs, you will find a laundry area with a brand-new 2025 LG washer and dryer, plus an updated 2021 hot water tank and abundant storage space for all your seasonal gear. Enjoy the beauty of a professionally managed complex that lets you experience park-like living without the yard work. Your assigned parking stall is conveniently located right outside your front door for easy access. Located just minutes from downtown Calgary, this home is surrounded by amenities: Renfrew Aquatic & Fitness Centre, tennis courts, the Calgary Zoo, scenic parks and pathways along the Bow River and Nose Creek which are perfect for walking, running, or cycling, the TELUS Spark Science Centre, trendy cafés, restaurants, shopping and even nearby off-leash dog parks This is your chance to enjoy the best of both worlds, a peaceful, park-like setting in the heart of our amazing city. Call today to book your private showing and make Regal Park your next home! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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401 525 22 Avenue SW in Calgary: Cliff Bungalow Apartment for sale : MLS®# A2271673
401 525 22 Avenue SW Calgary T2S 0H5
$255,900Residential- Status:
- Active
- MLS® Num:
- A2271673
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 570 sq. ft.
Welcome to this bright and inviting top-floor corner unit in the heart of Cliff Bungalow with downtown views! An ideal opportunity for first-time buyers, downsizers, or anyone looking to enjoy one of Calgary’s most walkable neighbourhoods. Thoughtfully updated, this 1 bedroom, 1 bathroom condo combines modern comforts with a warm aesthetic. Inside, you’ll find hardwood flooring, neutral tones, and an open layout that makes the space feel airy and functional. The kitchen features granite counters, stainless steel appliances, and plenty of prep space, while the adjacent dining and living areas offer flexibility for both everyday living and entertaining. Convenient in-suite laundry hides seamlessly as a pantry in the main area. As a top-floor corner unit, natural light pours in throughout the day, creating a cheerful atmosphere year-round. The quiet low-rise building adds to the sense of privacy and community. Location is the true standout—just steps from the vibrant amenities of Mission and Cliff Bungalow. Enjoy some of Calgary’s best cafés, restaurants, and boutique shops right outside your door. The Elbow River pathways, 4th Street, and 17th Avenue are moments away, and you’re within walking distance to the Stampede Grounds and the downtown core, making commuting and city events effortless. Book your private showing today! 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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216 Auburn Bay Circle SE in Calgary: Auburn Bay Row/Townhouse for sale : MLS®# A2270744
216 Auburn Bay Circle SE Calgary T3M 1S7
$385,000Residential- Status:
- Active
- MLS® Num:
- A2270744
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,092 sq. ft.
Welcome to your new home in the highly sought-after lake community of Auburn Bay! This well-maintained townhome offers a smart and functional layout with two spacious primary bedrooms, each complete with its own private ensuite. Perfect for guests, roommates, or fantastic rental potential. You’ll also enjoy the perks of TWO dedicated parking spots! Whether you're looking for a smart investment close to the South Health Campus or a cozy place to call home, this property delivers both style and convenience. The open-concept main floor is warm and inviting, featuring a beautiful custom brick feature wall that adds personality and style. You'll love entertaining here or simply relaxing in the well-designed space. There is amazing storage located in the well laid out attic space as well as convenient upstairs laundry. This home is within walking distance to Auburn Bay Lake where you can enjoy year round seasonal activities such as tennis, pickleball, lounging at the beach, skating, ice hockey and more! You’ll also be close to schools, shopping, restaurants, the Seton YMCA and every amenity you could ask for. If you’re looking for a low-maintenance lifestyle in a vibrant, family-friendly neighborhood, this one checks all the boxes! Reach out to your Realtor and book your private showing today. More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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101 131 Quarry Way SE in Calgary: Douglasdale/Glen Apartment for sale : MLS®# A2271362
101 131 Quarry Way SE Calgary T2C 5L7
$519,000Residential- Status:
- Active
- MLS® Num:
- A2271362
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 743 sq. ft.
Welcome to Champagne, one of Calgary’s most architecturally striking and prestigious riverfront developments, renowned for its solid concrete construction, timeless European styling, and exceptionally quiet interiors. This beautifully updated ground-level residence with brand new patio door is one of the rare units on the open, river-facing line, offering peaceful views, unmatched privacy, and direct access to the Bow River and pathway system. Inside, the home feels calm, bright, and inviting. Large windows frame lush greenery and gentle river views, while the open-concept design creates a seamless flow between the living area, dining space, and gourmet kitchen. Outfitted with granite countertops, built-in appliances, a gas range, and an elegant island, the kitchen is perfect for cooking, hosting, or simply enjoying a quiet evening at home. Your private ground-level patio is truly special, ideal for morning coffee, stepping directly onto the pathway, or taking in the quiet beauty of this riverside setting. This level of indoor-outdoor living is exceptionally rare in luxury concrete buildings and highly coveted by those who value both convenience and nature. Thoughtful recent upgrades enhance the home’s comfort and style, including professional paint, new modern light fixtures, upgraded bedroom flooring, a brand-new full-size washer and dryer, a new built-in microwave, and tasteful bathroom updates. Every space feels refreshed, cared for, and move-in ready. The spacious bedroom offers peaceful comfort, while the oversized bathroom provides a spa-inspired retreat. Central air conditioning ensures ideal temperatures year-round. Champagne is meticulously maintained and offers an elegant lobby, secure underground titled parking (stall #103), a titled storage locker (#115), two elevators, a car wash bay, and beautifully kept common areas. The $584.97/month condo fee includes heat, professional management, reserve fund contributions, snow removal, trash, building insurance, and common-area maintenance, offering complete peace of mind. Set in the heart of Quarry Park, the location is exceptional. You’re steps from Carburn Park, Sue Higgins Off-Leash Dog Park, grocery stores, restaurants, cafés, fitness centres, the YMCA, professional services, green spaces, and, of course, the river. The community is walkable, quiet, and thoughtfully designed, with quick access to major routes for effortless commuting. This home has been a genuine sanctuary for the owner, a place of healing, comfort, and connection to nature. Letting it go is emotional, and it truly is the sale of a very special property. More detailsListed by RE/MAX iRealty Innovations- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3330 19 Avenue SW in Calgary: Killarney/Glengarry Row/Townhouse for sale : MLS®# A2271219
3330 19 Avenue SW Calgary T3E 7G2 OPEN HOUSE: Nov 22, 202501:00 PM - 03:00 PM MSTOpen House on Saturday, November 22, 2025 1:00PM - 3:00PM
$549,900Residential- Status:
- Active
- MLS® Num:
- A2271219
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,176 sq. ft.
Welcome to this newly updated townhome on a beautiful tree-lined street in the sought-after community of Killarney. This 2 bedroom, 2 bathroom home offers exceptional parking with a double attached garage, driveway, and an additional assigned stall off the alley—a rare find that must be seen in person to be fully appreciated. From the moment you arrive, the curb appeal draws you in with an inviting front balcony where you can sip your morning coffee and enjoy the canopy of mature trees out front – it’s giving brownstone vibes. Inside, you’re greeted by fresh paint throughout, gleaming refinished hardwood floors, and a bright, airy open-concept living space. Natural light pours through large south-facing windows, filling the living room with warmth and highlighting the cozy wood burning/gas fireplace. The kitchen overlooks the dining and living areas to create a seamless space for entertaining and features a brand-new suite of appliances: stove, dishwasher, refrigerator, fan/microwave, and toaster oven. The main floor is complete with a powder room and access to the back deck, perfect for your gas BBQ. Upstairs, with brand new carpet underfoot, you’ll find the showpiece primary bedroom with vaulted ceilings, new windows, a walk-in closet, and a large 4-piece ensuite. Beneath the new carpet in the walk-in closet is rough-in plumbing for a potential second bathroom (sink and toilet), offering future flexibility. A spacious second bedroom completes the upper level. The lower level features a meticulous double attached garage with painted floors and a newly insulated garage door, plus a laundry room/flex space for extra storage or a hobby area. This rare opportunity combines inner-city convenience, modern comfort, and timeless charm. You’re just steps to Killarney’s amenities, including the Killarney Aquatic & Recreation Centre and 17th Avenue, with a quick commute to Marda Loop and downtown. Westbrook Mall and the C-Train station are also within easy walking distance. With flexible possession available, this is your chance to secure a special home in one of Calgary’s most desirable neighbourhoods. Book your private showing today and experience all that this Killarney townhome has to offer! More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1405 1410 1 Street SE in Calgary: Beltline Apartment for sale : MLS®# A2271497
1405 1410 1 Street SE Calgary T2G 5T7
$359,000Residential- Status:
- Active
- MLS® Num:
- A2271497
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 820 sq. ft.
Allow me to present an exceptional opportunity to acquire a pristine 2-bedroom, 2-bathroom corner unit condominium in a highly sought-after downtown location. Ideally positioned near essential amenities, public transportation, and a variety of dining options, this property offers both strong rental potential and excellent future resale value. The condo boasts impressive high ceilings, abundant natural light, and modern finishes throughout, including a sophisticated kitchen featuring quartz countertops and a spacious breakfast bar. The thoughtfully designed layout ensures privacy, with the primary bedroom offering a walk-through closet and a well-appointed 4-piece bathroom, while the second bedroom is conveniently located on the opposite side. Additional features include an in-unit laundry room and one secure underground parking space. This property is not only a sound investment but also an inviting place to call home, with seamless access to public transit, major highways, and cycling paths. The vibrant surrounding neighborhood is rich with dining options, cafes, boutique shops, and entertainment, making it an ideal urban retreat. Situated in a thriving area with steadily increasing property values, this condo combines contemporary living with promising financial growth. I encourage you to schedule a viewing at your earliest convenience to explore this remarkable property firsthand—it’s an opportunity not to be missed. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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4207 279 Copperpond Common SE in Calgary: Copperfield Apartment for sale : MLS®# A2271552
4207 279 Copperpond Common SE Calgary T2Z 1J5
$319,900Residential- Status:
- Active
- MLS® Num:
- A2271552
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 913 sq. ft.
First time home buyer or looking for a great investment? Look no further, this upgraded CORNER UNIT is for you! With 2 titled parking (1 underground), you’ll never need to share your spot. If you don’t need both, get some extra income from renting it out. Walk into your new home, with a WIDE FOYER that allows for putting on shoes easily, and for guests to feel extra welcome in the OPEN LAYOUT. The seller wanted to hand over this home to the next lucky person completely MOVE IN READY, so you will notice how well it was cared for. FRESH PAINT throughout (even patching all the holes in the walls) provide a blank canvas for you to start fresh and create your home. The open concept is great for entertaining guests, with a living room larger than most and ample dining space that can comfortably seat 6. Some added upgrades include: All stainless steel appliances (incl BOSCH DISHWASHER), luxury vinyl plank flooring in the living room, and stylish white QUARTZ COUNTERS (incl. both bathrooms). Although Calgary’s chill is right around the corner, the A/C will come in handy for those 25+ degree summer days. Conveniently located the SE community of Copperfield, you are treated with quiet and privacy, while also being connected to social and an active lifestyle. Surrounded by serene ponds and nature, with walking/biking paths (6 min walk), or 2 min walk to basketball courts and playground. You even have some essentials close by: Tim Hortons, Doctor, Chiropractor (4 min walk); or a plethora of restaurants, shopping, groceries, WALMART on 130th Ave SE (7 mins). There’s tons of amenities more in SETON (10 mins) along with the world’s largest YMCA (swimming, gym, fitness, skating, climbing and more!). Have added peace of mind knowing that the state-of-the-art SOUTH HEALTH HOSPITAL is only 11 mins away. With superior access to Stoney Tr and Deerfoot Tr, don’t wait to see this home today! More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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162 New Brighton Villas SE in Calgary: New Brighton Row/Townhouse for sale : MLS®# A2271616
162 New Brighton Villas SE Calgary T2Z 0T7
$389,900Residential- Status:
- Active
- MLS® Num:
- A2271616
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,224 sq. ft.
Welcome to this bright and thoughtfully designed 2-bedroom, 2.5-bath townhouse in the vibrant community of New Brighton! Featuring a fantastic dual-primary suite layout, this home is perfect for families, roommates, or anyone looking for a balance of privacy and comfort. Step inside through the inviting tiled foyer and be greeted by an open-concept main floor that’s bright, airy, and perfect for everyday living. The spacious living, dining, and kitchen areas flow seamlessly together, offering room for a formal dining table as well as a cozy breakfast nook for casual meals. The kitchen is a true highlight, featuring a central island with granite countertops, a sit-up breakfast bar, a pantry for extra storage, and stainless steel appliances, making it ideal for both cooking and entertaining. A convenient 2-piece powder room completes this level. Upstairs, a practical computer nook provides the perfect spot for working from home, studying, or hobbies. Both bedrooms are generously sized primary suites, each with large walk-in closets and private ensuites. One ensuite offers a 3-piece layout with a stand-up shower, while the other features a tub-shower combination, giving everyone their own space to relax and unwind. The basement provides ample storage space, laundry facilities, and direct access to the double attached garage, adding both convenience and functionality to your daily routine. Living in New Brighton means enjoying a community designed for modern family life. You’ll have easy access to excellent schools, nearby shopping, and an abundance of parks and pathways perfect for walks, bike rides, and outdoor recreation. Commuting is simple with quick access to 130 Avenue, Deerfoot Trail, and Stoney Trail, connecting you to all areas of Calgary in minutes. This home perfectly blends thoughtful design, functional living spaces, and a lifestyle-focused location. Whether you’re enjoying meals in the open main floor, unwinding in your private ensuite, or exploring the nearby parks and community amenities, this townhouse offers everything you need for comfortable, convenient living in one of Calgary’s most desirable neighborhoods. More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
-
408 Nolanfield Villas NW in Calgary: Nolan Hill Row/Townhouse for sale : MLS®# A2271626
408 Nolanfield Villas NW Calgary T3R 0T9
$439,900Residential- Status:
- Active
- MLS® Num:
- A2271626
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,395 sq. ft.
LOCATION, CONVENIENCE, AFFORDABLE, FAMILY FRIENDLY NEIGHBOURHOOD; a blend of all you are looking for. Welcome to this stunning 2 primary-bedroom townhouse. This property boasts numerous upgrades - hardwood flooring, quartz countertops in kitchen, tiles, and much more. The townhouse has a tandem double attached garage. As you enter from the main entrance there is a grand foyer which welcomes you to your home sweet home. The kitchen on second floor is a culinary delight, featuring; quartz countertops, ample cabinet space and a generously sized countertops, all of which make mealtime a breeze. Tile flooring throughout the kitchen. Stepping outside from the kitchen, you’ll find the patio. Imagine hosting summer barbecues and outdoor gatherings on this patio under the warm sun or starry night sky. It also features a Bbq gas line. The second floor also has 2pc bathroom, dining area and a huge living area providing plenty of space for relaxing, entertaining, or creating a cozy family zone. The third floor has easily accessible laundry. Two grand primary bedrooms, one with 4pc ensuite and the other with 3pc ensuite, complete this floor. Check out the 3D VIRTUAL OPEN HOUSE TOUR. The location is unbeatable — near a beautiful pond with a walking path, shopping nearby, and bus stops. Nolan Hill is a master-planned community in the northwest quadrant of Calgary known for its British Isles-inspired architecture. Don’t miss out on this gem! Call your favourite Realtor to book a showing today! More detailsListed by Diamond Realty & Associates LTD.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated November 20, 2025 at 06:05 AM (UTC)
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Why Buy an Investment Property in Calgary?
- Generate a second source of stable income by renting out the property or turning it into an Air BnB, creating more financial freedom and / or stability
- Build equity and wealth which will grant you more leverage to buy more properties and increase cash flow even more
- Appreciation can help you turn a profit when it’s time to sell
Calgary Multi-Family Investment Properties
Investors often look towards condos and townhomes when browsing for real estate investment opportunities in Calgary. Multi-family properties have much lower maintenance than their single-family counterparts and are more affordable on a comparative basis which means less expenses on things like property tax, landscaping and other associated costs.
One-bedroom condos in Calgary’s city centre with around 500 square feet starting at $1,200 is not uncommon to see. Two-bedroom units usually range from $1,700 and up, although these actual figures vary depending on a number of factors such as building age, community, and square footage.
Find many condo investment opportunities in these popular areas of downtown and the inner city:
- East Village Condos for Sale
- Kensington Condos for Sale
- Eau Claire Condos for Sale
- Downtown Condos for Sale
- Downtown West End Condos for Sale
Townhomes also present an excellent investment opportunity. Suburban units in communities like Evanston, Legacy and Saddle Ridge, for example, offer large square footage and in some cases double-attached garages. These rental properties can command a starting price anywhere from the $1,600 to $1,800 range depending on the features and location of the home.
Inner city townhomes also present a great opportunity for investors as they are in higher demand and command a higher rental price, but the initial capital investment will be larger versus a suburban unit:
Suburban multi-family units are also a sound investment with a much lower initial cost, but also will command a lower rent than their inner city counterparts. Discuss your real estate goals with an experienced Realtor® who will be able to help you make the best decision for your wants and needs as an investor.
Considerations Before Investing in a Rental Property
#1 – Neighbourhood
The community you decide to buy in will determine the type of tenants you attract and the monthly rent you can charge. Buying a property in Calgary near a post-secondary institution, for example, will attract students looking for more affordable prices. A residence in the inner city near a train station would likely attract urban professionals working in the city centre who have more cash flow.
#2 – Walkability
Investment properties in the city centre of Calgary offer much more walkability than similar units in a suburban community. Being able to walk to a restaurant down the street rather than jumping in the car and driving for several minutes adds value to any rental property and will help you command a larger rent.
#3 – Amenities
Once again, amenities relate to the location of your investment property in Calgary. A unit with quick-and-easy access to recreation centres, outdoor parks, public transportation, shopping malls, river pathways and other major amenities will provide the opportunity to ask for a higher rent per month.
#4 – Property Taxes
Investing in Calgary real estate means you’ll have property tax to pay. Just how much is the average annual cost for this in your area, and does the cost make it not a feasible property to buy from a financial standpoint? Consider taxes before making any moves!
#5 – Vacancies and Units Available
Investing in real estate in a saturated market will require you to lower rent to attract tenants. The whole purpose of a second income is to maximize its potential, so consider doing some research on the number of units available within a certain area of the city before buying a property as an investment.
Contact an Investment Property Specialist
Thinking about investing in Calgary real estate? As highly experienced Realtors® in Calgary, we’ve helped many locals and foreigners alike navigate the investment property market and would love to put our knowledge and skillset to work for you.
Contact Cody and Jordan direct anytime at 403.370.4008 to discuss your real estate plans! Get a 100% Free, No-Obligation Evaluation for your property in Calgary today!
We are looking forward to helping you accomplish your real estate goals!
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