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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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704 4944 Dalton Drive NW in Calgary: Dalhousie Apartment for sale : MLS®# A2270259
704 4944 Dalton Drive NW Calgary T3A 2E6 
$228,000Residential- Status:
- Active
- MLS® Num:
- A2270259
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 801 sq. ft.
Experience condo living in The Fortress, located in the sought-after neighbourhood of Dalhousie. This bright and spacious 2-bedroom, 1-bath condo has been updated with new flooring and fresh paint. The unit features a spacious kitchen, ample in-unit storage, and a large, open living and dining area flooded with natural light. Enjoy two generously sized bedrooms and a 4-piece bathroom, perfect for comfortable living. The building offers fantastic amenities, including a fitness centre, indoor pool, tennis court, and covered parking. Ideally situated just minutes from the Dalhousie LRT station, shopping, restaurants, and Northland Village Mall, and only 20 minutes to downtown or the airport. Perfect for first-time buyers or investors seeking a move-in-ready home with convenience and lifestyle all in one. More detailsListed by 2% Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1243 2330 Fish Creek Boulevard SW in Calgary: Evergreen Apartment for sale : MLS®# A2270181
1243 2330 Fish Creek Boulevard SW Calgary T2Y 0L1
$449,900Residential- Status:
- Active
- MLS® Num:
- A2270181
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 856 sq. ft.
Welcome to a lifestyle upgrade in Sanderson Ridge: a premier 40+ resort-style community in Evergreen. This 1-bedroom plus den condo offers 854 sq ft of bright, open-concept living on the second floor with sunny south exposure and 9' ceilings throughout. Just steps from the front entrance and around the corner from the elevator, the location is as convenient as it gets. The spacious kitchen features granite countertops, a corner pantry, and ample cabinet space. Open to a cozy great room with an electric fireplace and direct access to the covered south-facing balcony, complete with a gas line for BBQs. Enjoy central air conditioning indoors or soak up the sun outside. The large primary bedroom is complemented by a 4-piece bathroom, a spacious flexible den space, in-suite laundry, and extra storage. Your titled heated underground parking stall (P2-66) includes a secure, closed-in storage room. Hosting guests? A rentable guest suite (#1241) is just two doors away. The amenity list here is unmatched: an indoor pool, hot tub, steam room, full gym, two bowling alleys, a movie theatre, games and recreation rooms, a car wash bay, wine-making room, workshop, library, billiards, crafts room, and the spectacular Sanderson Room—available for private events or weekly social hours. The building is professionally managed with a full-time on-site team and four elevators for ease of access. Condo fees include all utilities. Enjoy miles of trails in nearby Fish Creek Park and quick access to everyday needs, including TAZA Exchange, Costco, shopping, and dining. Commuting is easy with direct access to Stoney Trail just minutes away. More detailsListed by RE/MAX Complete Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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511 10060 46 Street NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2270216
511 10060 46 Street NE Calgary T3J 2H8
$449,500Residential- Status:
- Active
- MLS® Num:
- A2270216
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,225 sq. ft.
Nestled in Saddle Ridge, this inviting three-storey townhouse offers a comfortable and convenient lifestyle. The main living space, situated on the second level, features an open-concept design encompassing a bright living room, a well-appointed kitchen showcasing beautiful two-toned cabinetry and elegant granite countertops, and a welcoming eating area. Step out onto your private balcony, perfect for enjoying the outdoors. Ascending to the top floor, you'll find three comfortable bedrooms, including a primary suite with a convenient three-piece ensuite bathroom. A well-appointed four-piece main bathroom serves the additional bedrooms. The convenience of a single attached garage adds to the appeal. Enjoy a fantastic location with a short distance to a variety of shopping and dining options, all within a wonderful community that's ideal for growing families. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3101 7171 Coach Hill Road SW in Calgary: Coach Hill Row/Townhouse for sale : MLS®# A2269136
3101 7171 Coach Hill Road SW Calgary T3H 3R7
$465,000Residential- Status:
- Active
- MLS® Num:
- A2269136
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,395 sq. ft.
Luxury living in the desirable Quinterra complex on Calgary's posh west side! Enjoy a beautifully designed and landscaped townhome complex with a water feature that greets you as you enter and mature trees throughout. The complex is pet-friendly with plenty of visitor parking and your own attached garage! One of the rare RENOVATED units in this complex, you can enjoy a spectacular kitchen with granite counters, custom cabinetry, stainless steel appliances, under-cabinet lighting and an adjacent laundry/pantry with amazing storage! The dining area is next to the private balcony, perfect for morning coffees and evening BBQs! Enjoy winter nights cozied up in the living room with gas fireplace and views of the trees outside (not a fishbowl of other units like many newer complexes!). Sunny SE-facing den on this level is an amazing home office or could be set up as a lovely music room, yoga space, library, play area, second living room or more. Upstairs, the primary suite is stunning with walk-in closet, additional wall-to-wall wardrobe and luxurious 5-piece ensuite bath with an abundance of storage. Sunny 2nd bedroom is generously sized. Being an end unit gives windows on multiple sides of this home and there is great light throughout! The entry level has a coat closet and direct garage access and the full-length driveway is perfect for a second vehicle. Quick access to all of the shops and restaurants of 85 Street West like Mercato, Blanco Cantina, Una Pizza, brunch spots, sushi, Deville Coffee and much more. Drive downtown in just 15 easy minutes. Drive west to the mountains or enjoy access to nature at nearby Paskapoo Slopes or Edworthy Park. Please note the condo fees INCLUDE HEAT, WATER & SEWER (rare for townhomes) and the heating is in-floor on all levels so it's super cozy and efficient! 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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101 120 Panatella Landing NW in Calgary: Panorama Hills Row/Townhouse for sale : MLS®# A2270312
101 120 Panatella Landing NW Calgary T3K 0K8
$299,000Residential- Status:
- Active
- MLS® Num:
- A2270312
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 809 sq. ft.
LOCATION, LOCATION, LOCATION! Welcome to this bright and beautifully maintained ground-level two-bedroom, one-bath, corner unit condo offering exceptional value, convenience, and modern upgrades throughout. With no stairs or elevators required, this home is perfect for first-time buyers, downsizers, or investors seeking a move-in-ready property in a prime location. The assigned parking stall is conveniently located right in front of the unit for easy access. Recent upgrades add tremendous value and efficiency, including a new energy-efficient tankless water heater and Lifebreath air ventilation system installed in 2025, providing superior air quality and comfort. The entire home enjoys the comfort of heated floors—a rare and desirable feature that, combined with the tankless water system, helps keep utility costs low and maintenance minimal. Additional updates completed in 2023 include modern seven-inch vinyl plank flooring in the kitchen, bathroom, and entryway, refreshed paint on ceilings, cabinets, and doors, and new lighting fixtures, faucets, and a toilet—representing approximately $17,000 in improvements. Every detail has been thoughtfully cared for, creating a bright and inviting space that feels brand new. Located directly across from a junior high school and within five minutes of two elementary schools and a high school, this property offers unmatched convenience. Everyday essentials are just a short walk away, including Save-On-Foods, TD Bank, daycare, restaurants, and more. Superstore, Vivo Recreation Centre, Canadian Tire, and the North Pointe Bus Terminal are only a five-minute drive, and you’ll love the easy access to bike and walking trails throughout Panorama Hills. Quick connections to Stoney Trail and Deerfoot Trail make commuting simple and stress-free. This home combines comfort, style, and efficiency in one of the most desirable communities in the area. Don’t miss your chance to make it yours! More detailsListed by 2% Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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132 Crestridge Common SW in Calgary: Crestmont Row/Townhouse for sale : MLS®# A2269779
132 Crestridge Common SW Calgary T3B 6J5
$587,000Residential- Status:
- Active
- MLS® Num:
- A2269779
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,452 sq. ft.
Discover Townhouse 132 at Crestmont West, a beautifully appointed, modern home with a walkout basement backing onto the trees with no neighbours behind, aside from the occasional wildlife visitor. Here are 5 things we LOVE about this home (and we’re sure you will too): 1. A FLOORPLAN MADE FOR REAL LIFE: As homes across the city trend smaller and smaller Townhouse 132 is a breath of fresh air. Offering nearly 2100 SqFt of refined and functional living space over three levels, 3 bedrooms, 3.5 bathrooms and an attached garage, this is a full-size home! The main floor is the prime example of contemporary comfort with 9’ ceilings and oversize windows to take in the serene view. The kitchen is truly the heart of this home with an upgraded appliance package, including Miele dishwasher, quartz counters and chimney-style hood fan while opening onto a well-proportioned dining area. The living room easily accommodates your furnishings while a large picture window frames your view perfectly, a daily work of art that changes with the seasons and fills the space with natural light. Upstairs the king-sized primary bedroom is stunning with vaulted ceilings, a large window to take in the views, custom designed walk-in closet and 4-piece designed ensuite. Two other good-sized bedrooms share the 4-piece main bathroom while laundry is conveniently located in the hall. The developed walkout basement doesn’t feel like a basement at all with 9’ ceilings, oversize windows, private patio and 4-piece bathroom. 2. THE MOST SOUGHT-AFTER LOCATION IN THE COMPLEX: Typically, in newer Calgary suburbs the prime walkout lots are reserved for estate-level detached homes and million-dollar budgets. Not the case here, Crestmont West Phase has secured one of the best locations in the community with Townhouse 132 backing directly onto the trees with no neighbours behind, aside from the occasional wildlife visitor. 3. ALL THE EXTRAS: From 9’ ceilings and 8’ doors to LVP flooring, that beautifully appointed kitchen, central AC, tankless water heater, BBQ gas line on the balcony and Kinetico water softener/purification system this home is ready for its next owner. 4. RARE WALKOUT BASEMENT: Townhouse basements are often dark, dreary or even non-existent; not the case here! Featuring a fully developed, walkout basement with 9’ ceilings, oversize windows, private lower patio and 4-piece bathroom making it a spacious rec room, private guest suite or a perfect teenage retreat 5. A WELL-MAINTAINED & MANAGED COMPLEX: Crestmont West is a modern townhouse development built by Partners Development Group, completed in 2021 and offering numerous floorplans ranging from villas to 3-storey units. Residents enjoy beautifully kept grounds along with ample visitor parking and reasonable condo fees in an idyllic Crestmont location 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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803 11620 Elbow Drive SW in Calgary: Canyon Meadows Apartment for sale : MLS®# A2270402
803 11620 Elbow Drive SW Calgary T2W 3L6
$187,500Residential- Status:
- Active
- MLS® Num:
- A2270402
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 754 sq. ft.
AFFORDABLE 2 BEDROOM CONDO IN CANYON MEADOWS | PRIVATE MORTGAGE FINANCING AVAILABLE WITH ONLY 10% DOWNPAYMENT | WALK TO FISH CREEK PARK & SOUTH CENTRE MALL **** This 2 bedroom, 1 bathroom below-grade unit offers great value in a well-managed, pet-friendly complex in the desirable community of Canyon Meadows. With 754 sq.ft. of functional living space, the home features easy-care VINYL PLANK FLOORING THROUGHOUT and a kitchen with QUARTZ COUNTERS. The living area looks out onto the central landscaped courtyard, offering a peaceful view and added privacy. **** Enjoy the convenience of an assigned parking stall and condo fees of $531.17/month that INCLUDE ELECTRICITY, gas, water, insurance, and more. The complex has seen several important updates in recent years including a new roof, windows, boilers, and concrete retaining walls, helping to ensure long-term reliability.**** Situated just steps from bus stops, the Canyon Meadows LRT station, and a full range of schools from elementary to high school, this location is unbeatable. You’re also within walking distance to Southcentre Mall, shopping, dining, and multiple recreation centres. Plus, Fish Creek Park is just minutes away, offering endless trails and natural beauty right at your doorstep.**** Private mortgage financing available from the seller for a 3 year fixed rate at prime rate + .25 with a 10% down payment (rate amortized over 25 yrs). The mortgage is payable in full at the end of the 3 years or can be paid out at any time during the 3 years term with no penalty. Saving $$$ not having to pay for CMHC insurance. A solid option for first-time buyers, downsizers, or investors—book your showing today and find out why this could be a smart move for you! More detailsListed by 2% Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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305 225 25 Avenue SW in Calgary: Mission Apartment for sale : MLS®# A2269875
305 225 25 Avenue SW Calgary T2S 2V2
$429,900Residential- Status:
- Active
- MLS® Num:
- A2269875
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,071 sq. ft.
Check the 3D TOUR! One of Calgary’s most vibrant communities is home to this generously sized, sought-after CORNER UNIT in the fabulously refreshed CLASSIC Riverscape Condominiums. This 2-bedroom, 2-bath abode offers just under 1,100 sq. ft. of stylish, feel-good living space. Redesigned in 2023, it features a designated modern kitchen with white cabinetry, quartz countertops, and sleek stainless steel appliances—a dream setup for anyone who loves to cook. Overlooking the dining area, the layout flows nicely into a spacious living room that opens onto an immense wrap-around balcony tucked among the trees—perfect for morning coffee, evening liqueur, or those quiet, special moments in between. Wide-plank vinyl flooring runs throughout. The primary suite feels wonderfully spacious, with a walk-through closet leading to a 4-pc ensuite featuring a striking Travertine marble countertop. Down the hall, a second 4-pc bath with matching finishes complements the additional bedroom. A surprisingly large laundry/storage area adds welcomed convenience. This unit includes one assigned underground parking stall and separate storage. Residents enjoy a fitness room adjacent to a shared outdoor patio, while landscaped grounds lead to the Elbow River pathways and the lively 4th Street corridor—home to cozy cafés, brunch spots, restaurants, and boutique shops. With nearby transit, river pathways, and quick access to 4th Street, 17th Avenue and Downtown, this location truly has it all ( get yer steps in!). Experience living in one of Calgary’s most iconic and walkable communities. Don’t miss this—the VIBE is real. :) 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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202 9 Country Village Bay NE in Calgary: Country Hills Village Apartment for sale : MLS®# A2269949
202 9 Country Village Bay NE Calgary T3K 5J8
$274,500Residential- Status:
- Active
- MLS® Num:
- A2269949
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,037 sq. ft.
Discover unparalleled brightness and space in this MAGNIFICENT, large 2-BEDROOM, 2-BATHROOM CORNER UNIT, perfectly designed for sophisticated urban living in the COMMUNITY OF COUNTRY HILLS VILLAGE. Step inside and be immediately greeted by the flood of natural light pouring in from oversized windows on one side and a large glass patio door on the other, illuminating the expansive, open-concept living area. This generous space, seamlessly integrating the living, dining, and kitchen areas, is ideal for both quiet relaxation and impressive entertaining. Cozy up on chilly evenings by the elegant gas fireplace, a warm focal point of the room. The Beautiful Kitchen has tons of storage cabinets and drawers, a window over the sink and a convenient island for additional sitting and counter space. Both Bedrooms are generously proportioned with the Primary suite offering a private 3-piece ensuite and ample closet space. There is an additional 4-piece bathroom, a large In-Suite laundry room with built in shelving, a good size coat closet and additional external storage room. This rare gem offers a unique blend of space, light, and functional design. Don't miss this opportunity to call it home. Location is close to the Shopping Plaza with grocery stores, restaurants, pharmacy as well as city transportation, playgrounds, schools, Vivo Rec Centre, Landmark Cinema, etc. Quick and Easy Access to Deerfoot Trail. More detailsListed by Grand Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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122 Panamount Drive NW in Calgary: Panorama Hills Row/Townhouse for sale : MLS®# A2270329
122 Panamount Drive NW Calgary T3K 6K3
$394,900Residential- Status:
- Active
- MLS® Num:
- A2270329
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,224 sq. ft.
Well-located and family-friendly, this two-storey townhouse over 1220 sqft, in Panorama Hills faces the OPEN GREEN SPACE, offering privacy and a peaceful outlook. The main level features an open floor plan connecting the living and dining areas to a practical kitchen with a raised breakfast bar and large pantry – perfect for the everyday hustle and casual entertaining. A covered deck off the kitchen expands your usable space .Upstairs you’ll find three bedrooms and convenient second-floor laundry. The primary suite includes a four-piece ensuite accessed through a pocket door and a large walk-in closet. A half bath on the main floor adds convenience for guests. Practical touches include a single attached garage AND driveway parking. The location is EXCEPTIONAL, an easy walk to Country Hills Town Centre, Landmark Cinemas, Home Depot, VIVO Recreational Centre, Notre Dame High School, shops, restaurants, and the bus terminal, with quick access to major freeways for commuting (Harvest Hills Blvd, Country Hills Blvd). Move-in ready and ideal for first-time buyers, young families or anyone seeking low-maintenance suburban living with immediate access to amenities. Book a 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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527 10 Discovery Ridge Close SW in Calgary: Discovery Ridge Apartment for sale : MLS®# A2269971
527 10 Discovery Ridge Close SW Calgary T3H 5X3 OPEN HOUSE: Nov 15, 202502:00 PM - 04:30 PM MSTOpen House on Saturday, November 15, 2025 2:00PM - 4:30PM "Welcome to our Treehouse" is the picture above the South and West facing Penthouse living room windows, with breath taking views of Griffith Woods and the Elbow River Valley. This 2 bedroom, 2 bath 1031 square foot totally renovated condo is in pristine condition. Upgrades include Engineered wood floors, granite counter tops, new lighting fixtures, built in shelving in the ensuite, new baseboards and trim, rock faced gas fireplace with mantle and all the appliances have been replaced.OPEN HOUSE: Nov 16, 202501:30 PM - 04:00 PM MSTOpen House on Sunday, November 16, 2025 1:30PM - 4:00PM "Welcome to our Treehouse" is the picture above the South and West facing Penthouse living room windows, with breath taking views of Griffith Woods and the Elbow River Valley. This 2 bedroom, 2 bath 1031 square foot totally renovated condo is in pristine condition. Upgrades include Engineered wood floors, granite counter tops, new lighting fixtures, built in shelving in the ensuite, new baseboards and trim, rock faced gas fireplace with mantle and all the appliances have been replaced.
$497,900Residential- Status:
- Active
- MLS® Num:
- A2269971
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,031 sq. ft.
"Welcome to our Tree House" is the slogan hanging above the South and West facing Penthouse windows, which offer breath taking views of Griffith Woods and the Elbow River Valley. This 2 bedroom, 2 bath 1031 square foot, totally renovated condo, is in pristine condition. Upgrades include Engineered wood floors, granite counter tops, new lighting fixtures, built in shelving in the ensuite walk in closet, new baseboards and trim, a rock faced gas fireplace with mantle, and all the appliances have been replaced. The Wedgewoods is a concrete structure with condo fees that include all utilities including electricity. The condo's titled parking stall has a full wire cage for storage. Backing on to Griffith Woods, this condo has its own wildlife sanctuary, with deer roaming throughout the 93 acre protected reserve area located next to the Elbow River. A hiker’s paradise, you are 3 minutes from the Elbow River pathway system. Discovery Ridge is a quiet, secluded area with easy access to shopping, schools and city transit. It is like living in Canmore yet 15 minutes to downtown. Mount Royal University and the Rockyview Hospital are less than 10 minutes away and you can be out of the city and on your way to Banff in minutes. Amenities include a gym and community room in Building 30. The recently completed Calgary Ring Road gives you easy access to all quadrants of the city. The Discovery Ridge community area is located right behind the Wedgewoods with a children’s playground, tennis courts, soccer fields, skating/hockey rink, basketball court – all maintained by the Discovery Ridge Community Association. More detailsListed by Calgary West Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
-
212 369 Rocky Vista Park NW in Calgary: Rocky Ridge Apartment for sale : MLS®# A2270336
212 369 Rocky Vista Park NW Calgary T3G 5K7
$299,900Residential- Status:
- Active
- MLS® Num:
- A2270336
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 834 sq. ft.
Welcome to #212, 369 Rocky Vista Park NW – a bright and beautifully maintained 2-bedroom, 2-bathroom condo located in the peaceful, sought-after community of Rocky Ridge. This home offers a fantastic opportunity for first-time buyers, downsizers, or investors, blending comfort and convenience in an unbeatable location just minutes from the majestic Rocky Mountains. Step inside and enjoy a functional open-concept layout with large windows that flood the space with natural light. The spacious living room connects seamlessly to your own balcony – perfect for enjoying your morning coffee or taking in tranquil evening views. The kitchen offers ample cabinetry and a practical layout, making it easy to entertain or cook at home. The primary bedroom features a walk-through closet and a private 3-piece ensuite, while the second bedroom and full guest bath are thoughtfully positioned for privacy. You'll love the convenience of in-suite laundry, and the bonus of underground titled parking keeps your vehicle secure year-round. Beyond your unit, the building itself offers an impressive selection of amenities including a fitness center, theatre room, party room, and even a hairdresser on site – everything you need just steps from your door. Located in a quiet, well-maintained complex, this condo is close to walking trails, green spaces, shopping, transit options, and more. Whether you're looking to enter the market, simplify your lifestyle, or invest in a growing area, this home checks all the boxes. Don’t miss this chance to own a slice of serenity in Rocky Ridge – just steps from nature, yet close to everything you need! More detailsListed by RE/MAX Complete Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated November 13, 2025 at 02:05 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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