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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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108 Doverglen Crescent SE in Calgary: Dover Detached for sale : MLS®# A2311559
108 Doverglen Crescent SE Calgary T2B 2P6 
$490,000Residential- Status:
- Active
- MLS® Num:
- A2311559
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 857 sq. ft.
BACKS ONTO GREEN SPACE | PRIVATE SW-FACING YARD | RV-FRIENDLY PARKING | 3 BED / 2 BATH | GREENHOUSE + GARDEN | DOVERGLEN POCKET Tucked into Doverglen — one of Dover's quietest, best-kept pockets, and one buyers regularly watch for an opening into — this bi-level offers something genuinely hard to find at this price point: a fully landscaped, private backyard backing directly onto green space with no rear neighbours. The SW-facing yard catches sun all afternoon and is set up for people who actually live outside. Mature trees, two apple trees, established garden beds, a fire pit with yard lighting, a 12x8 greenhouse, and a 12x8 shed on a concrete foundation. The pie-shaped lot gives you noticeably more usable outdoor space than the footprint suggests. Inside, the bi-level stays bright thanks to large windows and four sun tunnels pulling natural light through the home. The main floor has 2 bedrooms and a 3-piece bath. The fully developed basement adds a third bedroom with its own 3-piece ensuite, a rec room, and generous storage. Out front, the oversized concrete parking pad fits 3 vehicles — or an RV plus a vehicle — a rare setup for buyers who actually use their weekends. Mechanicals are looked after: furnace has regular maintenance, hot water tank replaced in 2025, new AC installed in 2024, roof shingles ~2019, and a backflow valve on the main drain. Quick access to Deerfoot and Stoney Trail, walkable to schools, parks, and pathways, with shopping and transit close by. The yard sells this house. Come see it. More detailsListed by MaxWell Canyon Creek- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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27 Aberdare Crescent NE in Calgary: Abbeydale Detached for sale : MLS®# A2311862
27 Aberdare Crescent NE Calgary T2A 6T5
$457,900Residential- Status:
- Active
- MLS® Num:
- A2311862
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,001 sq. ft.
Beautiful bungalow featuring 3+1 bedrooms, a den, and 2 full bathrooms. The main floor showcases gorgeous NEW luxury vinyl plank flooring, a spacious front entry, and a bright living room highlighted by a large bay window. The updated kitchen features NEW quartz countertops, sink, and faucet, along with newer white appliances. The main level also offers a generous primary bedroom, two additional well-sized bedrooms, and a 4-piece bathroom. With a side entrance, the lower level offers excellent potential for a future suite (subject to City Approval). The fully finished basement provides incredible flexibility with a huge family room, recreation area, and wet bar. You’ll also find a 4th bedroom with a large closet, an office/den, a 3-piece bathroom, laundry area, and additional storage space. Outside, the property features back alley access, off-street RV parking, and two storage sheds. Additional upgrades include newer main-floor windows, shingles, and a hot water tank. Tucked away in a private and quiet location, yet conveniently close to shopping, parks, pathways, and just two blocks from Abbeydale School. Enjoy easy access to Stoney Trail, Deerfoot Trail, and the Trans-Canada Highway. Quick possession available — move in before the start of the school year and enjoy the rest of summer in your new home! More detailsListed by Century 21 Foothills Real Estate- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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292 Coventry Close NE in Calgary: Coventry Hills Detached for sale : MLS®# A2311902
292 Coventry Close NE Calgary T3K 4C5
$479,900Residential- Status:
- Active
- MLS® Num:
- A2311902
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,178 sq. ft.
This home is a great opportunity for a first time buyer or an investor. Current rental rates fully cover a mortgage and related costs making this investment turnkey. And if you’re currently renting yourself and would like to gain equity in your own home, this is your chance. The property sits on an oversized single lot with a great back deck and south exposed yard. This 3 bedrooms and 2 bathrooms (1 full and 1 half bath) home has been well cared for and maintained with new hail rated shingles added January 2025, a new furnace and hot water tank in 2019, new luxury vinyl plank flooring in 2023, and new interior water lines removing outdated poly-b this year in 2026. The main floor features a private living room and a kitchen that opens up to the dining room, corner den space, and has direct access to the bright spacious back deck and large yard. A half bath finishes this level. Upstairs the 3 bedrooms are a good size with 2 of the 3 being quite large. The developed basement is great for a rec room or storage – whatever you need. There is a separate laundry area in the utility room, with additional storage space. This property has so much potential - live in as is or renovate to your own taste; in this price range you have the option. The house is conveniently located close to countless amenities, including schools for all grades, walking and bike paths, parks and ponds, and the 19,000+ sq ft recreation centre – Vivo. Close to restaurants, shopping, banking, groceries, Home Depot, transit and access to major corridors to get you downtown, or out of town. Call your favourite Realtor and book your private showing today! 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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2410 42 Cranbrook Gardens SE in Calgary: Cranston Apartment for sale : MLS®# A2311871
2410 42 Cranbrook Gardens SE Calgary T3M 3P9
$420,000Residential- Status:
- Active
- MLS® Num:
- A2311871
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,051 sq. ft.
Welcome to this beautiful 2-bed, 2-bath CORNER unit condo in Cranston’s Riverstone area. Located on the 4th floor with open-concept layout filled with natural light. Huge living area opens onto a private balcony with a gas line for BBQ and a beautiful green space and pond views. The kitchen showcases white coloured cabinets to the ceiling, quartz countertops, stainless steel appliances, and a functional big island. Good size primary bedroom with big window offers spacious walk-in closet and ensuite with a dual vanity. The second bedroom with 2 windows is well-sized and also includes its own closet. A second full bathroom, along with a dedicated in-suite laundry room with additional storage, adds everyday convenience. This unit includes a titled underground parking stall. Book your private showing today and experience it... More detailsListed by Executive Real Estate Services- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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204 19500 37 Street SE in Calgary: Seton Row/Townhouse for sale : MLS®# A2311765
204 19500 37 Street SE Calgary T3M 2W9
$449,900Residential- Status:
- Active
- MLS® Num:
- A2311765
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,614 sq. ft.
VACATION-STYLE LIVING IN THE HEART OF SETON | ROOFTOP PATIO WITH MOUNTAIN VIEWS | LOCK-AND-LEAVE LIFESTYLE Welcome to this outstanding urban-style home in the vibrant community of Seton — a true destination location where everyday living feels like a vacation. Ideally situated just steps from the world’s largest YMCA, the South Health Campus, movie theatre, restaurants, shops, and countless amenities, this stylish residence offers the perfect blend of convenience, comfort, and lifestyle. From the moment you arrive, the striking exterior elevation creates incredible curb appeal with a modern single-family-home feel rarely found in condominium living. Positioned on a desirable corner-style setting with an abundance of oversized windows, this home is flooded with natural light throughout all three finished levels. Offering over 1,600+ sq. ft. of thoughtfully designed living space — not including the impressive north and south-facing outdoor terraces — this home is perfect for those seeking stylish, low-maintenance “lock-and-leave” living without sacrificing space or luxury. The open-concept layout features $30K in upgrades, three spacious bedrooms, 2.5 bathrooms, and numerous high-end upgrades, including quartz countertops, designer lighting, brushed brass fixtures, custom shutters throughout, upgraded railings, luxury laminate flooring, built-ins, central air conditioning, and a timeless modern colour palette. The chef-inspired kitchen is both beautiful and functional, showcasing upgraded stainless steel appliances, including a gas stove, sleek cabinetry, and generous prep space perfect for entertaining or everyday living. Upstairs, the third-level wet bar adds a sophisticated touch and creates the ideal transition to the show-stopping rooftop patio. The expansive rooftop deck is truly parallel to none, offering TWO exposures and breathtaking mountain views — an incredible outdoor living space designed for entertaining, relaxing, or enjoying Calgary’s beautiful sunsets. This additional outdoor area places this home head and shoulders above most townhomes in the area. Energy-efficient appliances, low-flow plumbing fixtures, and modern construction help support an eco-conscious lifestyle, while the fenced private yard and assigned parking stall directly in front of the home add everyday convenience. As one of Calgary’s premier master-planned urban communities, Seton offers quick access to Deerfoot Trail for easy commuting or convenient weekend escapes to the mountains. Whether you are searching for your dream home, an executive lifestyle property, or a potential short-term rental investment opportunity, this exceptional home checks every box. Take the time to discover this stunning property — it will not disappoint. Call your friendly REALTOR® today to book your private viewing! More detailsListed by Jayman Realty Inc.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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63 Falmere Way NE in Calgary: Falconridge Detached for sale : MLS®# A2312029
63 Falmere Way NE Calgary T3J 2Y7
$434,900Residential- Status:
- Active
- MLS® Num:
- A2312029
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,150 sq. ft.
Welcome to this beautifully updated 2-storey detached home in the heart of Falconridge, one of Northeast Calgary’s most convenient and family-friendly communities. Situated on a quiet street at 63 Falmere Way NE, this charming 3-bedroom home offers over 1,150 sq ft of functional living space, thoughtful upgrades throughout, and a sunny South-facing backyard perfect for summer entertaining. Step inside to discover a bright and inviting main floor featuring updated flooring, modern paint tones, and large windows that flood the living and dining areas with natural light. The spacious kitchen is both stylish and functional with stainless steel appliances, ample cabinet space, and easy access to the backyard deck, creating the perfect setup for BBQ season and outdoor gatherings. Upstairs, you’ll find 3 comfortable bedrooms and a beautifully renovated full bathroom completed in 2018. Major mechanical and exterior updates provide peace of mind for years to come, including Class 4 impact resistant shingles installed in 2020, updated siding in 2021, furnace replacement in 2013, Poly-B plumbing fully replaced with PEX in 2013, water softener added in 2020, plus newer windows and doors throughout. The large South backing yard offers incredible outdoor potential with a newer deck, updated fencing, and rear parking pad access from the paved alley. Whether you’re a first-time buyer, young family, or investor searching for a move-in ready Calgary detached home with major upgrades already completed, this property checks all the boxes. Located just minutes from Falconridge Boulevard NE, schools including Grant MacEwan School and Terry Fox School, parks, shopping, public transit, and major commuter routes, this home delivers exceptional value in a well-established Calgary NE neighbourhood. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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5116 20295 Seton Way SE in Calgary: Seton Apartment for sale : MLS®# A2310752
5116 20295 Seton Way SE Calgary T3M 3X3
$429,999Residential- Status:
- Active
- MLS® Num:
- A2310752
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,057 sq. ft.
Welcome to Seton Serenity, where spacious design, modern finishes, and unbeatable convenience come together in this rare ground-floor CORNER UNIT offering nearly 1,100 sq. ft. of beautifully finished living space. Featuring 2 bedrooms, 2 bathrooms, and titled underground parking, this home combines the ease of condo living with the comfort and functionality of a single-family home — perfect for downsizers, first-time buyers, or investors alike. One of the standout features of this home is the exceptional convenience of the titled underground parking stall, located just a straight shot up one flight of stairs directly to the unit — no long hallways or elevator waits required. Plus, enjoy direct exterior access into the home, adding another level of comfort and accessibility for everyday living. Inside, you’ll love the bright open-concept layout featuring durable luxury vinyl plank flooring and the added benefit of desirable south-facing exposure and corner-unit positioning. The impressive kitchen is truly designed for those who love to cook and entertain. Complete with ceiling-height cabinetry, stainless steel appliances, marble-inspired quartz countertops, modern pendant lighting, and a generously sized pantry, this space offers both style and exceptional functionality rarely found in condo living. The oversized island stretches just under 15 feet long, providing ample seating, storage, and prep space for entertaining and everyday living. The spacious living and dining areas flow seamlessly to the private ground-level patio featuring a gas BBQ hookup — the perfect place to enjoy your morning coffee, entertain guests, or unwind in the evening. Retreat to the impressive primary suite featuring a large walk-in closet and a beautifully appointed ensuite complete with dual vanities and a walk-in shower. A second bedroom and full bathroom provide excellent flexibility for guests, a home office, or additional living space. Additional conveniences include in-suite laundry with a full-sized washer and dryer and roughed-in central air conditioning. Built by award-winning Cedarglen Living, Seton Serenity offers exceptional quality in one of Calgary’s most vibrant urban communities. Located just steps from Seton’s retail district, residents enjoy easy access to the South Health Campus, Calgary Public Library, the world’s largest YMCA, restaurants, shopping, schools, walking paths, transit, and quick connections to Stoney Trail and Deerfoot Trail. Rarely does a condo of this size, style, and convenience become available. Enjoy the perfect blend of comfort, luxury, and low-maintenance living in one of Calgary’s fastest-growing communities. Book your private showing today! Please note some of the pictures have been virtually staged. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2010 225 11 Avenue SE in Calgary: Beltline Apartment for sale : MLS®# A2311649
2010 225 11 Avenue SE Calgary T2G 0G3
$425,000Residential- Status:
- Active
- MLS® Num:
- A2311649
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 781 sq. ft.
Welcome to the most coveted corner unit at Keynote Two, perched on the 20th floor with panoramic views of the Calgary Tower, downtown skyline, and snow-capped Rocky Mountains. Wrap-around floor-to-ceiling windows frame every room in natural light, and the Rocky Mountain sunsets from this unit are simply unmatched anywhere in the building. Situated in Victoria Park with a Walk Score of 86, Bike Score of 92, and Transit Score of 79, the location speaks for itself. The building amenities just aren't built to this standard anymore. Two giant fitness centres, a hot tub, an owners lounge with pool table and wet bar, a patio with shared BBQs, and guest suites for out-of-town family. Add 24-hour security and the best part - Sunterra Market steps away. One of Calgary's premier gourmet grocers featuring a full bakery, deli, coffee bar, grab-and-go cafe, and the MARKETbar restaurant and lounge. Steps to the CTrain, Stampede Park, Scotia Place, the BMO Centre, and the downtown +15 Network. This is the perfect building for professionals working downtown. The open-concept living area is anchored by a designer stacked stone feature wall with a sleek linear electric fireplace, ensuite laundry, rich hardwood floors, and a chef's kitchen featuring ceiling-height dark espresso cabinetry, black granite countertops, stainless steel appliances, and a large island with bar seating. A curved corner dining nook with chandelier offers a front-row seat to the city below. The primary suite includes a dramatic concrete-textured feature wall, a second electric fireplace, direct Rocky Mountain views, and a walk-in closet flowing into a spa-inspired ensuite with a soaking tub, and granite vanity. The second bedroom, currently a flex/office space, carries the same designer wall treatment with equally stunning city views. The second ensuite bathroom has a glass rainfall shower. This is the unit buyers wait for. Truly a must-see — book your showing today. More detailsListed by LPT Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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161 Saddlecrest Close NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2306037
161 Saddlecrest Close NE Calgary T3J 5B6
$489,000Residential- Status:
- Active
- MLS® Num:
- A2306037
- Bedrooms:
- 5
- Bathrooms:
- 3
- Floor Area:
- 1,300 sq. ft.
Welcome to 161 Saddlecrest Close NE in the amenity-rich community of Saddleridge. Fully finished with 5 bedrooms in total with plenty of space inside and outside for your growing family. A welcoming and practical layout with large windows that allow plenty of natural light throughout. 3 bedrooms on the upper floor with a large primary bedroom has a 2-piece ensuite and a walk-in closet. The 4th bedroom is on the main floor that can be used as an office for those working at home. The 5th bedroom is in the finished basement with its own large closet space. The basement has a nice layout, a family room for an extra living space or rec room giving you ample room as your family grows. It also has a prepared room in the basement for a bathroom if you want to add one. The large backyard is fully fenced with a large deck to enjoy and to put in your own design and gardening skills to use or to simply enjoy the outdoors with your family and friends over barbecues. The parking pad in the back is cemented to fit 2 cars if you choose to open the rear fence. You will not be lacking in everything you need nearby with numerous places to shop, groceries, schools, church, mosques, restaurants, and so much more. A quick drive to the airport, Stoney Trail, Deerfoot Trail, Crossiron Mills, and the CTrain Saddletown station nearby to name a few. Newly replaced roof and siding in 2025, water heater in 2022. A must see at this competitive price. More detailsListed by TREC The Real Estate Company- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1628 Rouleau Crescent SE in Calgary: Albert Park/Radisson Heights Detached for sale : MLS®# A2311517
1628 Rouleau Crescent SE Calgary T2A 1Y9
$499,900Residential- Status:
- Active
- MLS® Num:
- A2311517
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,040 sq. ft.
Do you want your own charming, mid-century modern detached home with a detached garage and huge fenced yard, 10 minutes from downtown, for under $500K? Three bedrooms on the main floor, beautiful hardwood floors, and original mid-century modern wood trim throughout. L-shaped living room and dining room with a vintage pass-through from the large, eat-in kitchen. Large, newer vinyl windows throughout the main floor. In the basement, there is a large family room as well as a huge 20'3" x 10'4" flex room that could be converted to a bedroom by enlarging the window to egress size and adding a closet (applicable permits required). Or leave it as it is for the ultimate project room! A bright, sunny laundry room and a cold storage room provide additional storage, while the utility room houses the furnace and a 2019 hot water tank. Your outdoor space is truly special - the front yard offers lawn and flower beds planted with perennials, along with an RV-sized side driveway. The fenced back yard is charming with mature apple trees, more perennials, full fencing, and greenery. It also includes an oversized 24'x16' insulated, heated single-car detached garage with space for a workbench and access to the back alley. Meanwhile, you're a short walk from nearby schools, restaurants, groceries, shops, and parks. Or hop in the car and you're in Inglewood in 5 minutes or downtown in 10. Here's your opportunity to put in a little elbow grease to make this home your own, and then this solid bungalow could be the private home you've been dreaming of! See it before it's gone! 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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3014 Doverville Crescent SE in Calgary: Dover Semi Detached (Half Duplex) for sale : MLS®# A2311619
3014 Doverville Crescent SE Calgary T2B 1T9
$449,900Residential- Status:
- Active
- MLS® Num:
- A2311619
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,281 sq. ft.
Welcome to 3014 Doverville Crescent Southeast, a fantastic family home in Dover! This bright and spacious house features five bedrooms, three upstairs and two fully finished bedrooms in the basement. The custom kitchen speaks for itself, with beautiful finishes and a great layout that makes cooking a joy. Upstairs you’ll find a full four-piece bathroom, while the main floor offers a convenient two-piece powder room. The open main floor layout is perfect for daily living and entertaining. Outside, the yard is beautifully xeriscaped, completely low maintenance with no irrigation needed, so you can actually enjoy your weekends instead of yard work. An additional wow factor is the massive two-car garage with a wood shop upstairs and a convenient pass-through double bay door. It comes fully equipped with an engine hoist, a heavy-duty air compressor, and a stick welder. The partially finished basement is the perfect canvas to create your dream rec space, gym, or extra living area. More detailsListed by Coldwell Banker Mountain Central- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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143 Erin Mount Place SE in Calgary: Erin Woods Detached for sale : MLS®# A2308905
143 Erin Mount Place SE Calgary T2B 2T3
$495,000Residential- Status:
- Active
- MLS® Num:
- A2308905
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,151 sq. ft.
This charming two-storey home in the family-friendly community of Erin Woods is a fantastic opportunity to enjoy a comfortable and modern lifestyle. Featuring three bedrooms, 1.5 bathrooms, an updated kitchen with new countertops and a new dishwasher (2025), plus a beautifully renovated upper-level bathroom, this home is move-in ready with thoughtful updates throughout. Enjoy peace of mind with major upgrades including new roof shingles (2024), a new hot water tank (2025), and new windows installed in March 2026. The cozy living room with a wood-burning fireplace creates the perfect space to relax, while the freshly painted covered deck and landscaped yard are ideal for outdoor entertaining. The finished basement adds valuable additional living space, and the double detached garage offers secure parking and extra storage. Tucked away on a quiet cul-de-sac and located near parks, schools, shopping, and amenities, this property truly has it all. Don’t miss your chance to make this wonderful house your new home! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated May 18, 2026 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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