Investment Property for Sale in Calgary

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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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We have found a total of 2,655 listings, but only 1,500 are available for public display. Please refine your criteria, in order to narrow the total number of matching listings.

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8 218 Village Terrace SW in Calgary: Patterson Apartment for sale : MLS®# A2253157
8 218 Village Terrace SW Patterson Calgary T3H 2L4

8 218 Village Terrace SW Calgary T3H 2L4 Patterson

$349,900

Residential

Status:

Active

MLS® Num:

A2253157

Bedrooms:

2

Bathrooms:

2

Floor Area:

1,047 sq. ft.97 m2

Welcome to “The News” – a highly sought-after complex perched in the hills of Calgary’s vibrant west side. This beautifully maintained multi-level apartment offers a rare combination of space, function, and sweeping city views in one of the city’s most established communities of Patterson This unique 2-bedroom, 2-bathroom home features a bright and open floor plan with soaring ceilings and large windows that flood the space with natural light. The main level offers a spacious living and dining area anchored by a cozy wood burning fireplace, perfect for relaxing or entertaining. The well-appointed kitchen includes ample cabinetry, brand new stainless steel appliances, granite counters, and a private deck, just perfect more morning coffee! Upstairs you will find two bedrooms with downtown views, a 4 pc bathroom, and an open to below that has light natural light coming in at all times of the day. Beautifully updated with new flooring, cabinets and appliances, along side 2 underground parking stalls and a storage locker, this home is the total package. Residents of The News enjoy access to a fantastic array of amenities including an indoor pool, fitness centre, tennis court, and clubhouse. With easy views and access to downtown, nearby pathways, parks, shopping, and transit, this location offers both lifestyle and convenience. Don’t miss your opportunity to own in this established, well-managed complex. Book your private showing today and experience everything this exceptional home has to offer. More details

Listed by eXp Realty

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
21 Walden Walk SE in Calgary: Walden Row/Townhouse for sale : MLS®# A2252812
21 Walden Walk SE Walden Calgary T2X 0Y4

21 Walden Walk SE Calgary T2X 0Y4 Walden

$409,900

Residential

Status:

Active

MLS® Num:

A2252812

Bedrooms:

2

Bathrooms:

3

Floor Area:

1,356 sq. ft.126 m2

It is my pleasure to introduce this exceptional townhome located in the heart of Walden. Amazing front curb appeal will have you wanting more. Stunning full open concept main level boasts a dream kitchen overlooking the dining and living room areas, making it perfect for entertaining your guests. Kitchen boasts plenty of cupboard space, dual sinks, upgraded stainless steel appliances, pantry, and raised eating bar. Dining room will accommodate a larger table while the living room is a great spot to turn in for the night in front of the big screen. Tasteful hardwood and tile flooring, along with 9 foot ceilings, dominate. Completing the main level is a sunny south facing balcony for the peaceful morning coffee. Juliet balcony on the north side invites both natural lighting and air flow while maintaining a style that is a ideal addition to this plan. Upper level includes 2 bedrooms and an office space for those working at home. The generous primary bedroom includes a walk-in closet and 3 piece ensuite with full size shower. Completing the upper level are a laundry space and full bathroom, which is located right beside the second bedroom. Double attached tandem garage offers ample space for your vehicles along with additional storage. This beautiful complex is mere steps to the shops and restaurants at the Gates of Walden. Blue Devil course is just down the hill and this area also has numerous parks and green spaces. Easy access to Macleod Trail, yet tucked away nicely in the community. Properties of this quality do not hit the market very often. Time to take advantage of this opportunity. You will not be disappointed. More details

Listed by RE/MAX House of Real Estate

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
610 429 14 Street NW in Calgary: Hillhurst Apartment for sale : MLS®# A2253083
610 429 14 Street NW Hillhurst Calgary T2N 2A3

610 429 14 Street NW Calgary T2N 2A3 Hillhurst

$264,900

Residential

Status:

Active

MLS® Num:

A2253083

Bedrooms:

1

Bathrooms:

1

Floor Area:

605 sq. ft.56 m2

Don't miss this highly upgraded + move-in ready west facing condo in Kensington! Perched up on the 6th floor, you will gravitate towards the open concept floor plan, big windows, natural light + brand new plush carpet installed just last week. A contemporary kitchen awaits: granite counters, tile backsplash, stainless steel appliances, breakfast bar plus new fixtures/faucet/microwave + dishwasher. Start the evening in the dining nook and then migrate over to the expansive living area with a bottle of wine. Cozy up to the fireplace while watching your favourite show, feet up and appreciating the complete privacy offered. When weekends call, step out to the patio, fire up the BBQ and enjoy the sunset views! When it's time to retreat, you will love the size of the primary bedroom [and its windows] - showcasing a sliding dual door closet along with built-in cabinets to house your entire wardrobe. Steps outside you will find a stylish bathroom with wall mount fixtures, medicine cabinet + jetted soaker tub. Rounding out the full list of perks are Hunter Douglas blackout blinds, in-suite laundry, a designated parking stall + oversized storage locker. You will certainly appreciate the onsite fitness area and bike room. Close to coffee shops, boutiques, restaurants, lounges, grocery, C-Train, SAIT while being mere minutes into the downtown office core. An opportunity meant for discerning buyers - this unit needs absolutely nothing but you! More details

Listed by CIR Realty

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
109 162 Country Village Circle NE in Calgary: Country Hills Village Apartment for sale : MLS®# A2253121
109 162 Country Village Circle NE Country Hills Village Calgary T3K 0E6

109 162 Country Village Circle NE Calgary T3K 0E6 Country Hills Village

$369,800

Residential

Status:

Active

MLS® Num:

A2253121

Bedrooms:

2

Bathrooms:

2

Floor Area:

848 sq. ft.79 m2

WOW! Maintenance-Free Living with Stunning Lake Views! Welcome to Rockford’s Reflections in Country Hills Village—where lifestyle meets convenience. This fabulous apartment boasts unobstructed lake views from every window and a bright, open floor plan with 9’ ceilings. Step inside to a newly painted and professionally cleaned interior, complete with newly installed luxury vinyl plank flooring in the bedrooms and the bathrooms. The gourmet kitchen is a true highlight, featuring granite countertops, tile backsplash, a spacious pantry, island with breakfast bar, and stainless steel appliances—including a whisper-quiet ASKO dishwasher. The living room opens onto a private balcony with a gas BBQ hookup, perfect for relaxing or entertaining. The primary suite offers huge walk-through closets and a private ensuite with a walk-in shower and built-in linen shelving. A second bedroom and full bathroom with an acrylic surround soaker tub and large vanity provide plenty of space for family or guests. Additional features include an in-suite laundry room with Samsung front-load washer & dryer, a storage locker, and a titled parking stall in the heated underground parkade. Located in a fantastic community, you’re steps from walking pathways, shopping, restaurants, a movie theatre, and the Vivo Recreation Centre. Quick access to Deerfoot Trail, Stoney Trail, and the airport makes this the perfect home for professionals or downsizers alike. A perfect place to call home—click the Virtual Tours for more details! More details

Listed by CIR Realty

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
304 315 Heritage Drive SE in Calgary: Acadia Apartment for sale : MLS®# A2252989
304 315 Heritage Drive SE Acadia Calgary T2H 1N2

304 315 Heritage Drive SE Calgary T2H 1N2 Acadia

$210,000

Residential

Status:

Active

MLS® Num:

A2252989

Bedrooms:

2

Bathrooms:

2

Floor Area:

864 sq. ft.80 m2

Welcome to Village Green in Acadia! This 2-bedroom, 2-bathroom (1 and 1½ bathroom) unit features 860 sq ft at a very reasonable price. Located on the 2nd floor, this unit saw updates less than a year ago such as new vinyl plank flooring, new toilets, new bathroom sink and faucet as well as new stove and refrigerator. Parking stall is located right next to building! Enter your unit from your own private West side or the East side (courtyard) entrance. Large Primary bedroom with walk in closet and 2-piece ensuite bath, second large bedroom, large storage room in unit as well as access to an additional shared storage on the lower level, galley style Kitchen, good sized dining room and absolutely massive living room. Great East facing balcony - Imagine enjoying your morning coffee basking in the sunlight or unwinding with a book in the evening breeze. Less than 10 years ago, this complex saw major updates including roofing, composite siding, windows, concrete work to walkways and common areas. Enjoy the convenience of a prime location – within walking distance to shopping, restaurants, and more. Plus, with easy access to McLeod Trail and Deerfoot, your daily commute or weekend adventures will be a breeze. This unit is ideal for first-time buyers, downsizers, or investors. More details

Listed by RE/MAX Real Estate (Mountain View)

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
409 10 Sierra Morena Mews SW in Calgary: Signal Hill Apartment for sale : MLS®# A2253178
409 10 Sierra Morena Mews SW Signal Hill Calgary T3H 3K5

409 10 Sierra Morena Mews SW Calgary T3H 3K5 Signal Hill

$337,500

Residential

Status:

Active

MLS® Num:

A2253178

Bedrooms:

2

Bathrooms:

2

Floor Area:

793 sq. ft.74 m2

On the top floor of a quiet, exceptionally well-managed building, this beautifully updated 2-bedroom, 2-bathroom condo offers unobstructed mountain and valley views, soaring vaulted ceilings, and a bright, functional layout that perfectly suits professionals, small families, or roommates. With two TITLED parking stalls—one underground with extra storage and one surface stall—this home provides rare value in today’s market. Step into the open-concept living space where west-facing windows frame breathtaking sunsets and endless Rocky Mountain vistas. The oversized balcony extends your living outdoors, complete with a gas BBQ hookup and a large private storage unit, making it the ideal spot to relax or entertain. Inside, the updated kitchen features granite counters, stainless steel appliances, and a handy eating bar, designed to blend style and practicality whether you’re preparing a quick weeknight meal or hosting friends. The airy living room is enhanced by vaulted ceilings and a cozy corner gas fireplace, creating a welcoming space to gather. The well-planned layout places bedrooms on opposite sides of the unit for maximum privacy. The primary suite includes a walk-in closet and a 3-piece ensuite, while the second bedroom is served by a 4-piece main bath—perfect for guests, kids, or a home office. Both bedrooms are generously sized and filled with natural light. Additional upgrades include engineered hardwood flooring, in-suite laundry, updated appliances, and modern light fixtures throughout, making the home stylish and move-in ready. The heated underground parkade includes a car wash bay, and the additional surface stall is ideal for a second vehicle or visitors. Beyond the building, you’ll love the unbeatable location. Just a short stroll to Westhills Shopping Centre, you’ll have groceries, restaurants, coffee shops, banks, boutiques, and even a movie theatre at your fingertips. Fitness centres, medical services, and everyday conveniences are also nearby, ensuring everything you need is close to home. Families will appreciate the selection of schools in the area, while commuters benefit from excellent transit connections and quick access to major routes. Nature lovers will enjoy the nearby parks, walking paths, and green spaces that balance the convenience of urban amenities with the calm of a residential community. With a strong, well-managed condo board, a quiet setting, and spectacular unobstructed mountain views, this top-floor home is a true standout. If you’re looking for low-maintenance living with thoughtful upgrades, two parking stalls, and one of the best views in the city, this is the one. Schedule your showing today! More details

Listed by RE/MAX First

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
103 250 Sage Valley Road NW in Calgary: Sage Hill Row/Townhouse for sale : MLS®# A2253190
103 250 Sage Valley Road NW Sage Hill Calgary T3R 0R6

103 250 Sage Valley Road NW Calgary T3R 0R6 Sage Hill

$349,900

Residential

Status:

Active

MLS® Num:

A2253190

Bedrooms:

3

Bathrooms:

3

Floor Area:

938 sq. ft.87 m2

Move-in ready, this 3-bedroom, 2.5-bath townhouse in Sage Hill delivers exceptional value with condo fees under $225/month and low property taxes. Rarely do you find this much space—over 1,300 sq. ft. of total development—in NW Calgary at this price point. This home offers modern construction, a high-efficiency furnace, tankless water heater, and an upgraded dishwasher. The professionally managed complex features beautifully maintained grounds, perfect for homeowners who want low-maintenance living. Location is everything—and here, you’re just steps from Liam Park Field, a huge green space with sports fields, and less than a 7-minute walk to Sage Hill Quarter for groceries, dining, coffee, fitness, and pharmacy needs. Transit is a block away, and Stoney Trail or Shaganappi Trail are only minutes from your door. Inside, the main floor greets you with a bright, open layout. The living room flows into a spacious kitchen with plenty of counter space and room for a full-size dining table. A convenient half bath is tucked just off the main level. Upstairs, two generous bedrooms include a primary suite with walk-in closet and direct access to a full bathroom. Laundry is on the upper level for everyday ease. The fully finished basement adds valuable flexibility—currently used as a large third bedroom with its own full bathroom, closet, and storage. This property also comes with one assigned surface parking stall, guest parking within the complex, and extra street parking nearby. Flexible possession means you can move in immediately or choose a timeline that works for you. More details

Listed by RE/MAX Complete Realty

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
316 649 Marsh Road NE in Calgary: Bridgeland/Riverside Apartment for sale : MLS®# A2247729
316 649 Marsh Road NE Bridgeland/Riverside Calgary T2E 5B4

316 649 Marsh Road NE Calgary T2E 5B4 Bridgeland/Riverside

$359,900

Residential

Status:

Active

MLS® Num:

A2247729

Bedrooms:

2

Bathrooms:

2

Floor Area:

1,121 sq. ft.104 m2

Envision yourself living a seamless condo lifestyle in the vibrant community of Bridgeland. Steps from the river pathway system, countless greenspaces, and surrounded by local boutiques, this freshly painted unit has been thoughtfully updated over the years with a clear pride of ownership throughout. Step inside the airy foyer and into the spacious kitchen and accompanying dining area, with upgraded stainless steel appliances including a new dishwasher and electric range, complemented by bright white cabinetry and tile backsplash. To the right is a large secondary bedroom and sizeable closet; this versatile space comes with unlimited potential and can be utilized for hosting guests, roommates, children or even converting into a home office or gym. The adjacent living room is illuminated by natural light, perfectly suited for your plant collection, with loads of space for varied furniture configurations and a beautiful white mantled gas fireplace for gathering around on chilly evenings. A sliding glass patio door leads out onto the private SW facing balcony, with sweeping views of the skyline above and surrounding inner city below. On the other end of the unit is the expansive primary retreat, equally as radiant thanks to two huge windows, and equipped with a functional built-in desk and organizer. A walk-in closet and attached four piece ensuite are favourable inclusions that inject both comfort and practicality into the space. An additional four piece bathroom at the front, along with dedicated in-suite laundry and a Central Vacuum System, ensure convenience and flexibility. Relish in the ease of condo living in Bridgeland Manor with an assigned underground parking stall and overall affordable condo fees. Ideally situated among an array of amenities including various cafes, restaurants and shops at your fingertips. With quick access to Edmonton Trail and Memorial Drive, and walking distance to numerous inner city attractions including the Downtown Core, this unit is in a prominent pedestrian-oriented location that truly can't be beat. More details

Listed by CIR Realty

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
232 4303 1 Street NE in Calgary: Highland Park Apartment for sale : MLS®# A2251716
232 4303 1 Street NE Highland Park Calgary T2E 7M3

232 4303 1 Street NE Calgary T2E 7M3 Highland Park

$329,000

Residential

Status:

Active

MLS® Num:

A2251716

Bedrooms:

2

Bathrooms:

2

Floor Area:

1,027 sq. ft.95 m2

**OWNER IS OFFERING 6 MONTH OF CONDO FEE**SENIOR AND ACCESSIBLE FRIENDLY! Welcome to this beautifully designed ground-floor unit in the sought-after community of Highland Park! Featuring a spacious floorplan with 2 bedrooms, 2 bathrooms, plus a den, this home combines comfort, convenience, and modern finishes. Enjoy the convenience of dual entrances, with direct access from the heated parkade as well as a private entrance from your private patio — perfect for your morning coffee or guest entertainment. The kitchen is a chef’s delight, featuring granite countertops, stainless steel appliances, double deep sink, and a pantry for ample storage. The spacious living room provides a welcoming space for relaxation. The primary bedroom is a true retreat, boasting a walk-through closet and a luxurious 5-piece ensuite complete with a double vanity, large shower, and soaker tub. The second bedroom is generously sized, and the den offers an ideal home office space. Additional features include an assigned parking stall that's right in front of your door and a storage locker, ensuring ample space for all your needs. Conveniently located near parks, shopping, and transit, make this Highland Park gem yours today! More details

Listed by Century 21 Argos Realty

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
604 1110 11 Street SW in Calgary: Beltline Apartment for sale : MLS®# A2251838
604 1110 11 Street SW Beltline Calgary T2R 1S5

604 1110 11 Street SW Calgary T2R 1S5 Beltline

$369,900

Residential

Status:

Active

MLS® Num:

A2251838

Bedrooms:

2

Bathrooms:

2

Floor Area:

911 sq. ft.85 m2

MUST SEE! This bright and beautiful 2-bed, 2-bath + den SW CORNER unit has been freshly painted so you can simply move in and enjoy the urban lifestyle. The large main living area can accommodate a variety of furniture arrangements which can include a dining table for hosting fiends and family. You'll love entertaining too, because everything is centred around the kitchen highlighted by a large island, granite countertops and stainless steel appliances. Enjoy the setting sun steaming through the floor-to-ceiling windows or on the west-facing balcony. Both bedrooms also feature those floor-to-ceiling windows and boast their own walk-in closets too. The primary bedroom even has a completely private full ensuite bathroom, while the second full bathroom accommodates for guests or could be perfect for a roommate if you wanted one. Whether you need a home office, art studio, reading nook or study space the versatile den offers a designated area for anything you might need. This offering also includes a heated and secure titled underground parking spot, as well as a conveniently located storage locker. With a full gym in the building you might not need to leave, but when you do this location is a short walk to some of Calgary's best shopping, restaurants, bars, lounges and Calgary's extensive river pathway system. Now's your chance to own in the heart of Calgary. DON'T MISS OUT! More details

Listed by Charles

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
103 500 Rocky Vista Gardens NW in Calgary: Rocky Ridge Apartment for sale : MLS®# A2253168
103 500 Rocky Vista Gardens NW Rocky Ridge Calgary T3G 0C3

103 500 Rocky Vista Gardens NW Calgary T3G 0C3 Rocky Ridge

$259,900

Residential

Status:

Active

MLS® Num:

A2253168

Bedrooms:

1

Bathrooms:

1

Floor Area:

687 sq. ft.64 m2

SELLER WILL REPLACE CARPETS WITH LUXURY VINYL PLANK FLOORING ON ACCEPTED OFFER Welcome to this beautifully designed 1 bedroom + den, 1 bathroom condo in the desirable community of Rocky Ridge — a perfect blend of comfort, functionality, and location. This thoughtfully laid-out home features an open-concept living space with a bright kitchen and cozy living area that flows seamlessly to your private patio with a gas BBQ hookup — ideal for year-round grilling and outdoor relaxation. The den offers flexible space for a home office, reading nook, or extra storage. The spacious bedroom connects directly to the 4-piece bathroom through a convenient walk-through closet, offering both privacy and efficiency. Enjoy the many perks of main floor living: no waiting on elevators, easy access for guests or pet owners, and a more connected feel to the outdoors. Additional features include assigned parking in a heated underground garage and in-suite laundry for added convenience. As a resident, you’ll enjoy exclusive access to Rocky Ridge Ranch with a variety of amenities including a private lake with seasonal boat rentals, a splash park, winter ice skating, tennis and basketball courts, and community events such as BBQs, food trucks, and Stampede breakfasts. The location is unbeatable — just a 5-minute walk to the Tuscany LRT station and with quick access to Crowchild Trail and Stoney Trail, you’re perfectly positioned for downtown commutes or weekend escapes to the mountains. Also nearby are the Shane Homes YMCA, local shopping, schools, and scenic pathways that make outdoor living easy and enjoyable. Whether you’re a first-time buyer, downsizer, or investor, this unit offers exceptional value and a lifestyle that’s hard to beat in one of Calgary’s most sought-after communities. More details

Listed by eXp Realty

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
702 Evanston Manor NW in Calgary: Evanston Row/Townhouse for sale : MLS®# A2252511
702 Evanston Manor NW Evanston Calgary T3P 0R9

702 Evanston Manor NW Calgary T3P 0R9 Evanston

$449,500

Residential

Status:

Active

MLS® Num:

A2252511

Bedrooms:

3

Bathrooms:

3

Floor Area:

1,587 sq. ft.147 m2

Welcome to this beautiful, modern, and immaculate townhome in the convenient community of EVANSTON! The original owner carefully maintains this townhome. It features an attached single CAR GARAGE, BALCONY with glass railing, and MODERN FINISHES. On the main floor, you'll enter a living room with many windows on the main floor. The kitchen is finished with dark brown wood cabinetry, stainless steel appliances, Granite counters and expansive ISLAND. This beautiful townhome is ideally located in the community of Evanston and close to the many amenities - transit, parks, school, shopping, pathways, dog parks, daycare in complex and FUN! The ground floor features a sizable main entrance, a bonus room, storage, a utility closet, a wide hallway, and convenient access to your garage with a partially covered front parking concrete pad. The spacious upper main living area includes beautiful laminate wood plank flooring, a large living room, a laundry room, a stylish kitchen with quartz counter tops classic dark brown cabinets with trims/under mount sink with window above/upgraded stainless steel appliances (gas stove cooktop, microwave, quiet dishwasher, french door fridge with front water dispenser). A sizeable outdoor balcony is off the family-approved living room and offers a BBQ area with a gas line. The upper floor features three good-sized bedrooms and full bathrooms. The primary bedroom layout features a private en-suite and a walk-in closet. This trendy townhome features a modern décor palette and offers everything you need, with a functional yet stylish design. Situated close to schools, public transit, parks, and playgrounds, this home also offers quick access to shopping, restaurants, and major roadways like Stoney Trail and Deerfoot Trail, making your commute and errands a breeze. Whether you're a first-time buyer, investor, or looking for a low-maintenance lifestyle in a growing community, this townhome is a must-see. Book your showing today and experience all that Evanston has to offer! More details

Listed by Real Broker

LISTING DETAILS
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]

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Data was last updated September 2, 2025 at 04:05 PM (UTC)

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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:

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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