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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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168 223 Tuscany Springs Boulevard NW in Calgary: Tuscany Apartment for sale : MLS®# A2312007
168 223 Tuscany Springs Boulevard NW Calgary T3L 2M2 
$505,000Residential- Status:
- Active
- MLS® Num:
- A2312007
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,120 sq. ft.
This spacious, 1120 Sq Ft private unit in the Sierra’s of Tuscany offers a great location on the ground level for easy access to the street AND a short walk to the elevator, which leads to secure underground parking and storage. The main level private balcony with gas hook-up for BBQ, that provides easy access to the street. Condo fees include all utilities—heat, water, sewer, gas, and electricity—offering fantastic value. As you enter the unit you will be impressed by the gleaming hardwood floors and spacious, open concept that creates a truly seamless flow for everyday living and entertaining. The living room invites cozy evenings by the corner gas fireplace and is filled with natural light, providing direct access to the balcony enclosed for privacy, perfect for sipping your morning coffee or just relaxing and enjoying the natural outdoor space. The kitchen layout allows the chef in the family to prepare dinner, while entertaining guests in the adjoining dining area. The floor plan boasts a large entryway with a coat closet, dedicated laundry and storage room with 2nd refrigerator, main 3-piece bathroom and 2 generously sized bedrooms including the primary suite that offers a walk in closet and a 4-piece ensuite bathroom. The list of amenities in the building is exceptional, offering a unique spa - retreat lifestyle: an indoor saltwater pool and hot tub, fitness centre, bowling alley, 2 libraries, billiards and games room, movie theatre, craft and woodworking rooms, Panorama Room/ballroom/party room, guest suites, and a car wash in the underground parkade for your convenience. The adult living 40+ building provides easy access to an absolute abundance of neighborhood amenities including a strong blend of natural, recreational, and convenient everyday living, not to mention extensive ravines for the outdoor enthusiasts... Core Tuscany Community Facilities: • Transit & Commuting: Easy accessibility via Stoney and Crowchild Trail. The neighborhood is directly serviced by the Tuscany C-Train Station, making commuting to downtown Calgary seamless. • The Tuscany Club: The focal point for residents. It features a large gymnasium, fitness and multi-purpose rooms, tennis and pickleball courts, a skateboard park, and a seasonal splash park and ice rinks. • Tuscany Market: A centrally located retail hub that includes a grocery store, pharmacy, Starbucks, medical clinics, and dining options. Tuscany Parks & Outdoor Activities: • Twelve Mile Coulee: Features 170 acres of protected ravines, offering stunning panoramic views of the Bow River Valley, downtown Calgary, and the Rocky Mountains. • Pathways & Parks: Miles of interconnected, paved pathways perfect for walking, biking, and running wind throughout the community. Directions to see the amenities: Take the elevator to the 3rd floor, where you will connect to the other building through the plus 15. Don’t miss out on this larger unit at 1120 Sq Ft – book your 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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2605 1 Street NE in Calgary: Tuxedo Park Row/Townhouse for sale : MLS®# A2312135
2605 1 Street NE Calgary T2E 1X8
$599,900Residential- Status:
- Active
- MLS® Num:
- A2312135
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,131 sq. ft.
**Open House: Sat, May 22, 1-3 pm**. Experience refined inner-city living in this brand new, never-lived-in luxury home in Tuxedo Park, one of Calgary's most desirable inner-city communities. This modern 2-storey offers 3 bedrooms (2+1), 3.5 bathrooms, and 1,131 sq. ft. above grade, plus a fully developed basement — designed for elevated family living and sophisticated entertaining. A single detached garage adds convenience while preserving the charm of the classic inner-city streetscape. The main floor showcases contemporary design with large windows that flood the space with natural light, waterproof luxury vinyl plank flooring, modern lighting, and an open-concept layout tailored for today’s lifestyle. The living room features a sleek electric fireplace, creating a warm and stylish focal point — perfect for Calgary winters. The chef-inspired kitchen highlights quartz countertops, premium stainless steel appliances, custom moisture-resistant cabinetry, and a beautiful eating bar — ideal for gatherings and everyday luxury. Upstairs offers two spacious vaulted bedrooms, each with access to a full bathroom for added privacy and comfort. The upper level also includes a convenient laundry with a steam function for both the washer and dryer. The fully developed basement expands your living space with a third bedroom, a full bathroom, and an elegant family room — perfect for guests or a home office. Enjoy a fully fenced, low-maintenance backyard and a prime location just minutes from downtown, top-rated schools, parks, shopping, transit, and major routes. Book your private showings today! More detailsListed by 2% Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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2609 1 Street NE in Calgary: Tuxedo Park Row/Townhouse for sale : MLS®# A2312127
2609 1 Street NE Calgary T2E 1X8
$599,900Residential- Status:
- Active
- MLS® Num:
- A2312127
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,138 sq. ft.
**Open House: Sat, May 22, 1-3 pm**. Experience refined inner-city living in this brand new, never-lived-in luxury home in Tuxedo Park, one of Calgary's most desirable inner-city communities. This modern 2-storey offers 3 bedrooms (2+1), 3.5 bathrooms, and 1,138 sq. ft. above grade, plus a fully developed basement — designed for elevated family living and sophisticated entertaining. A single detached garage adds convenience while preserving the charm of the classic inner-city streetscape. The main floor showcases contemporary design with large windows that flood the space with natural light, waterproof luxury vinyl plank flooring, modern lighting, and an open-concept layout tailored for today’s lifestyle. The living room features a sleek electric fireplace, creating a warm and stylish focal point — perfect for Calgary winters. The chef-inspired kitchen highlights quartz countertops, premium stainless steel appliances, custom moisture-resistant cabinetry, and a beautiful eating bar — ideal for gatherings and everyday luxury. Upstairs offers two spacious vaulted bedrooms, each with access to a full bathroom for added privacy and comfort. The upper level also includes a convenient laundry with a steam function for both the washer and dryer. The fully developed basement expands your living space with a third bedroom, a full bathroom, and an elegant family room — perfect for guests or a home office. Enjoy a fully fenced, low-maintenance backyard and a prime location just minutes from downtown, top-rated schools, parks, shopping, transit, and major routes. Book your private showings today! More detailsListed by 2% Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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143 Taralea Gardens NE in Calgary: Taradale Detached for sale : MLS®# A2311912
143 Taralea Gardens NE Calgary T3J 4W5
$573,900Residential- Status:
- Active
- MLS® Num:
- A2311912
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 1,372 sq. ft.
Welcome to this newly renovated and beautifully refreshed 4-bedroom, 2.5-bathroom home with an oversized double detached garage, ideally situated on a massive pie-shaped lot in a quiet, well-established, and family-friendly neighborhood. Showcasing exceptional functionality, comfort, and versatility, this impressive property also features a fully developed basement suite (illegal) with a separate exterior entrance, making it an ideal opportunity for extended family living or multi-generational use. Conveniently located close to schools, shopping centres, parks, public transit, the CTrain, bus stops, and the Genesis Centre, this home offers the perfect balance of lifestyle, convenience, and value. The main floor welcomes you with a bright and spacious open-concept layout enhanced by gleaming hardwood flooring throughout the main living area. The extensively updated kitchen is thoughtfully designed with modern countertops, a stylish backsplash, durable tile flooring, a generous pantry, and large windows that flood the space with natural light, creating a warm and inviting atmosphere ideal for both everyday living and entertaining. Upstairs, you will find three generously sized bedrooms featuring hardwood flooring, a full bathroom, and a versatile office/bonus area that can easily serve as a home office, study space, playroom, or additional family lounge. The upper level offers both functionality and flexibility to accommodate a variety of lifestyle needs. The fully developed basement suite (illegal) features a separate side entrance and includes a spacious recreation/living area, an additional bedroom, and a full bathroom. Currently tenant-occupied, the basement offers excellent flexibility and additional value for future homeowners. Step outside to enjoy the beautifully landscaped and fully fenced pie-shaped backyard, providing an exceptional outdoor setting for entertaining, gardening, or simply relaxing with family and friends. The oversized deck, complete with a dedicated barbecue shed, creates the perfect space for summer gatherings and year-round enjoyment. Completing this outstanding property is the oversized double detached garage, offering ample parking, storage, and workspace possibilities. More detailsListed by Grand Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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25 Aspen Hills Terrace SW in Calgary: Aspen Woods Row/Townhouse for sale : MLS®# A2310430
25 Aspen Hills Terrace SW Calgary T3H 0P3
$543,000Residential- Status:
- Active
- MLS® Num:
- A2310430
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,220 sq. ft.
25 Aspen Hills Terrace SW, Calgary Well maintained 2 bedroom townhome in Aspen Woods with over 1200 square feet of living space and a highly functional dual primary layout. Each bedroom features its own full ensuite and walk in closet, plus a main floor half bath for guests. Open concept main level with hardwood flooring and a practical layout that makes sense for everyday living. The kitchen is built for use, not show, with a large granite island, stainless steel appliances, and ample cabinet space. Bright living and dining areas with good natural light throughout. Key upgrades include central air conditioning, central vacuum, granite countertops, and Hunter Douglas window coverings. Double attached garage with additional street parking available. Strong location with real long term upside. Walking distance to Calgary Academy and Webber Academy, two of Calgary’s top tier private schools. A new Catholic high school currently under construction directly across the street will further strengthen the area and support future resale. Easy access to parks, pathways, and a short drive to Aspen Landing and west side amenities. Ideal for first time buyers, investors, professionals, or young families looking for a low maintenance property in a proven southwest location with solid fundamentals. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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199 savanna Parade NE in Calgary: Saddle Ridge Semi Detached (Half Duplex) for sale : MLS®# A2311915
199 savanna Parade NE Calgary T3J 0W1
$569,900Residential- Status:
- Active
- MLS® Num:
- A2311915
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,336 sq. ft.
An exceptional opportunity to own a stylish DUPLEX in a premium PARK-FACING location, offering the perfect combination of lifestyle, comfort, and long-term investment potential. This beautifully designed home features 4 bedrooms and 3.5 bathrooms, along with a professionally builder-finished BASEMENT that adds valuable functional living space—ideal for extended family, a private office, or future rental flexibility. The open-concept main floor showcases modern finishes, abundant natural light, and a seamless layout designed for both everyday living and entertaining. A convenient half bathroom completes this level. Upstairs, you’ll find three generously sized bedrooms, including a spacious primary retreat with a walk-in closet and full ensuite. The fully finished lower level offers a fourth bedroom, a 3-piece bathroom, and a large flex room perfect for a recreation area, gym, or workspace. Outside, enjoy the low-maintenance yard and the convenience of a DOUBLE detached oversized GARAGE. Located directly across from green space in a highly desirable, amenity-rich community close to schools, shopping, parks, and transit, this home offers outstanding value and convenience. Homes like this at this price point do not last long. Book your private showing today! More detailsListed by URBAN-REALTY.ca- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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60 Covecreek Mews NE in Calgary: Coventry Hills Detached for sale : MLS®# A2284975
60 Covecreek Mews NE Calgary T3J 4V9
$599,786Residential- Status:
- Active
- MLS® Num:
- A2284975
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,615 sq. ft.
3 BEDS | 4 BATHS | 2000+ SQFT of living space | FRONT DOUBLE GARAGE | BONUS ROOM | FINISHED BASEMENT | READY TO MOVE IN. Located on a quiet CUL-DE-SAC, this STUCCO home offers excellent access to nearby AMENITIES, ELEMENTARY, MIDDLE, AND HIGH SCHOOLS. Conveniently situated close to both CATHOLIC and CBE schools, making it an ideal location for families. Welcome to this spacious and well-designed family home in the desirable community of Coventry Hills. Offering over 1,600 sq ft of above-grade living space, this home features a functional layout perfect for growing families and everyday living. The main floor welcomes you with a bright foyer, the kitchen is thoughtfully laid out with ample workspace and flows seamlessly into the dining area, with easy access to the rear deck perfect for summer BBQs. A convenient 2-piece bathroom and direct access to the attached garage complete the main level. Upstairs, you’ll find three WELL-SIZED bedrooms including a spacious primary retreat with its own private ensuite and a walk-in closet. A full 4-piece bathroom, dedicated laundry area, and a large BONUS room provide added comfort and flexibility. The FULLY FINISHED basement features a LARGE living room and a full bathroom. The attached garage and functional floor plan make this home both practical and inviting. Located close to ALL schools, MANY parks, MULTIPLE shopping centres, and major roadways, this is an excellent opportunity to own in one of northwest Calgary’s sought-after communities. Perfect for families or investors alike don’t miss your chance to view this home! More detailsListed by Diamond Realty & Associates Ltd- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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119 Prominence Heights SW in Calgary: Patterson Row/Townhouse for sale : MLS®# A2311567
119 Prominence Heights SW Calgary T3H 2Z6
$530,000Residential- Status:
- Active
- MLS® Num:
- A2311567
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,902 sq. ft.
Welcome to this spacious and well-designed townhouse in the desirable community of Patterson, offering over 2,400 sq ft of developed living space and a layout that truly feels like home. The upper level is where everyday living comes together beautifully, with large windows filling the space with natural light throughout the living room, dining area, and kitchen. Step outside to the large southwest-facing covered patio, an ideal extension of the living space and the perfect spot to enjoy morning coffee, summer evenings, or simply unwind at the end of the day. This upper level features two generously sized bedrooms, including a comfortable primary retreat complete with a walk-in closet and a spacious 5-piece ensuite. A second full 4-piece bathroom adds convenience for guests or family. The main floor offers additional flexible living space with a 3rd bedroom, a 2 piece bathroom, & a large family room - perfect for a home office, gym, media space, or guest accommodations. The lower level is finished with another cozy family room - with an electric fireplace, along with a den & additional storage area. Tucked away in a quiet location while still offering quick access to downtown, parks, shopping, restaurants, and an easy escape west to the mountains, this is a fantastic opportunity to enjoy low-maintenance living without sacrificing space or comfort. More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1492 Legacy Circle SE in Calgary: Legacy Semi Detached (Half Duplex) for sale : MLS®# A2311740
1492 Legacy Circle SE Calgary T2X 2C6
$539,000Residential- Status:
- Active
- MLS® Num:
- A2311740
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,377 sq. ft.
This gorgeous home, located in the highly sought-after and family-friendly community of Legacy, is just steps from schools, ponds, parks, and scenic walking pathways. Thoughtfully designed with both style and functionality in mind, the bright open-concept main floor features durable laminate flooring throughout, a spacious living room, and three unique side windows that flood the space with natural light. Built-in shelving and a large TV niche create the perfect atmosphere for relaxing evenings or entertaining guests, while central air conditioning ensures year-round comfort. The beautifully designed kitchen is both modern and inviting, showcasing sleek white cabinetry, quartz countertops, stainless steel appliances, a stylish tiled backsplash, and a large central island perfect for meal preparation and casual dining. A generous walk-in pantry provides exceptional storage, while the adjacent dining area offers a warm and welcoming space for family gatherings and everyday living. Completing the main floor is a convenient 2-piece bathroom and rear mudroom with access to the sunny south-facing backyard. Upstairs, the bright and airy stairwell leads to an impressive dual primary bedroom layout. Each spacious bedroom features its own walk-in closet and private 3-piece ensuite, making this home ideal for families, guests, or roommates. Convenient upper-floor laundry further enhances the thoughtful design and functionality of the home. The unspoiled basement offers endless potential and awaits your personal design ideas to create additional living space tailored to your needs. Outside, enjoy the beautifully landscaped, zero-maintenance front yard and a low-maintenance backyard complete with durable vinyl fencing, composite decking, maintenance-free turf, and a spacious 20' x 19' double detached garage. Ideally located close to shopping, transit, parks, the Bow River, and major commuter routes including Macleod Trail and Deerfoot Trail, this exceptional Shane Home offers outstanding value in one of Calgary’s premier communities. More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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393 Legacy Boulevard SE in Calgary: Legacy Row/Townhouse for sale : MLS®# A2308255
393 Legacy Boulevard SE Calgary T2X 0Y8
$519,000Residential- Status:
- Active
- MLS® Num:
- A2308255
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,480 sq. ft.
No condo fees. Beautiful townhome in the sought-after community of Legacy, offering just under 1,500 sq ft of thoughtfully designed living space, 3 bedrooms, 2.5 bathrooms, and a single detached garage. The bright, open-concept layout that makes this home feel warm, functional, and inviting. The main floor is designed for everyday living and entertaining, featuring 9-foot ceilings, large windows that fill the space with natural light, and stylish modern finishings throughout. The spacious kitchen, complete with quartz countertops, stainless steel appliances, ample cabinetry, a pantry cabinets, and a large island perfect for gathering with family and friends. The adjoining dining and living areas flow seamlessly together, creating a comfortable space to relax or host guests. Upstairs, you’ll find three well-sized bedrooms including a spacious primary retreat with its own full ensuite bathroom and generous closet space. Two additional bedrooms, another full bathroom, complete the second floor. Step outside to enjoy the west-facing backyard, fully landscaped and fenced, enjoy summer evenings in the sun. The single detached garage and additional street parking add convenience and functionality. Located in the award-winning community of Legacy, this home is surrounded by walking paths, parks, playgrounds, schools, shopping, restaurants, and transit access, with easy connections to major roadways and a quick commute throughout the city. More detailsListed by Greater Calgary Real Estate- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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43 Mckenna Way SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2308323
43 Mckenna Way SE Calgary T2Z 1X4
$519,900Residential- Status:
- Active
- MLS® Num:
- A2308323
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 1,048 sq. ft.
Location, location, location! Welcome to the highly sought-after lake community of McKenzie Lake with year-round lake privileges and an unbeatable location close to every amenity you could need. Enjoy quick access to the shopping, restaurants, and services along 130th Avenue, minutes to Seton and the South Health Campus, plus convenient access to Stoney Trail, Deerfoot Trail, and Highway 22X. This home is also within walking distance to Fish Creek Provincial Park, public transportation, parks, and schools. Situated on a huge corner lot backing onto a beautiful treed green space, this three-bedroom original bi-level is a must-see. The spacious living room overlooks the foyer and is filled with natural light, creating a warm and inviting atmosphere. The bright and functional kitchen features original cabinetry, white appliances and plenty of room for a large dining table and chairs. A patio door off the kitchen leads directly to the backyard deck. Flooring consists of carpeting and lino. The fully fenced and landscaped backyard offers excellent outdoor space, complete with a large storage shed and peaceful views of the mature green space behind the property. The oversized double detached garage (27x20) built in 2019, is another standout feature and includes a heater, making it ideal for parking, storage, or a workshop year-round. The upper level offers three generously sized bedrooms along with a full 4-piece bathroom. The fully developed basement provides even more living space and features a cozy wood-burning fireplace, large recreation room, additional 3-piece bathroom, 2 more spacious bedroom, and a smaller flex room ideal for a home office, gym, or hobby space. The furnace was replaced just one year ago, and the home is also equipped with solar panels for added efficiency and long-term savings. This is an incredible opportunity to own a home with outstanding potential in one of Calgary’s most desirable lake communities. More detailsListed by Diamond Realty & Associates Ltd- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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6403 Centre Street NW in Calgary: Thorncliffe Semi Detached (Half Duplex) for sale : MLS®# A2307813
6403 Centre Street NW Calgary T2K 0V3
$519,000Residential- Status:
- Active
- MLS® Num:
- A2307813
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 979 sq. ft.
ATTENTION First time home Buyers or Investors !!! Fully Renovated Great bi-level, 3 Bedroom 1/2 duplex great location. Renovation Including new windows, Kitchens, Doors, Flooring , Paint, Baseboards, footer-headers, soft-Facia, all electrical and Plumbing work done by the code. 2 Bedroom (illegal) suite with separate entrance and own laundry. Direct bus route access to down-town and Other bus routes and future BRT. Close to Schools, Parks, Shopping Centers, Walking distance to DEERFOOT MALL, easy access to DEERFOOT Trail, , AIRPORT and much more !! Lot of street parking and 3-4 car carport. Don' t let it GOO. More detailsListed by Prep Ultra Realty Ltd.- 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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