CALGARY MULTI FAMILY HOMES FOR SALE

Multi-family homes for sale in Calgary are a type of real estate that includes buildings that have multiple units, such as apartments, that are rented out to tenants. They can be found in many different areas of the city, from the downtown core to suburban neighborhoods. They can come in different styles such as modern, traditional, or contemporary. Multi-family homes in Calgary can range from low-rise buildings, such as duplexes or triplexes, to high-rise buildings with many units. They often come with amenities such as gyms, pools, and playgrounds. They offer a low maintenance lifestyle for the owner as the maintenance of common areas is typically handled by a property management company. These types of properties can be an attractive investment option for landlords, as they can generate rental income. They can also be a good option for first-time buyers who are looking for an affordable entry into the housing market. It's worth noting that the availability and prices of multi-family homes in Calgary can vary depending on the location, condition, size, and age of the property, as well as the current state of the market. Regulations and laws regarding multi-family homes in Calgary are also important to take into consideration, such as zoning laws, building codes, and safety regulations.

Feel free to contact me via email, live chat, text, or phone if you come across any property that catches your attention and you want to take a closer look. I would be more than happy to arrange a private viewing at a time that works for you. Please don't hesitate to reach out to me at 403.397.3706 to schedule a viewing. Looking forward to hearing from you!

Best regards, Diane Richardson

MULTI FAMILY HOMES FOR SALE IN CALGARY

CALGARY MULTI FAMILY HOMES FOR SALE, MULTI FAMILY HOMES CALGARY

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  • 2231 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2295214

    2231 48 Street SE Forest Lawn Calgary T2B 1M3
    Main Photo: 2231 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2295214
    $750,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2295214
    Floor Area:
    1,917 sq. ft.
    Wake up investors .Lowest price legal 4 plex , On a huge Corner lot ,All 4 units with 3 good size bedrooms , one bath, with separate furnaces,separate laundries and separate entrances.All units need some work.It is reflected in the price,So basically all units are sold in as is conditions. Units 2229 a and b are rented with long term tenants,willing to stay, no intention to move out they have been living there more than 10+ years. Each paying Rent $1400 per month including utilities. Unit 2231 a and b are vacant ,can be shown any time. units 2229 a and b have dogs and need some notice for showing.Please confirm appointments for these 2 units because of dogs,do not show these unit without confirmation.This location is excellent,Close to bus,schools,shopping and all the major routes . All Lower level windows installed in 2009, Tar and gravel roof Redone in 2002. Do not miss outstanding opportunity at this price for a legal 4 plex. More details
    Listed by Royal LePage METRO
    DIANE RICHARDSON
  • 6131 Bowness Road NW in Calgary: Bowness 4 plex for sale : MLS®# A2296697

    6131 Bowness Road NW Bowness Calgary T3B 0C9
    Main Photo: 6131 Bowness Road NW in Calgary: Bowness 4 plex for sale : MLS®# A2296697
    $1,279,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2296697
    Floor Area:
    2,346 sq. ft.
    A fully conforming 4-plex in the heart of Bowness. This building (1969 build) boasts three 3-bdrm units and one 2-bdrm unit. One 3-bdrm suite recently renovated; attic ventilation improved with vents and fans (2025). All units off a central hallway system. There is a central boiler (serviced annually) for gas fired, hot water heating throughout the building and common laundry room in the basement. Property has been generating gross annual rental income of $90,000. All units are on fixed one year term leases and owner pays utilities. There is a parking pad in the back with 4 stalls. This meticulously owner-managed property provides an opportunity to boost revenue through further interior updates to achieve higher rents. Located in Bowness and easy access to bus, restaurants and shops. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 411 6 Street NE in Calgary: Bridgeland/Riverside 4 plex for sale : MLS®# A2293748

    411 6 Street NE Bridgeland/Riverside Calgary T2E 3Y2
    Main Photo: 411 6 Street NE in Calgary: Bridgeland/Riverside 4 plex for sale : MLS®# A2293748
    $1,299,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2293748
    Floor Area:
    3,190 sq. ft.
    Rare opportunity to own a 2-storey legal 4-plex (2 front + 2 back) with 4 Separate meters in the heart of Bridgeland. Situated on an M-CG d111 zoned lot, this property offers excellent holding income with strong future redevelopment potential. Located in one of Calgary’s most sought-after inner-city communities, just minutes to downtown, transit, parks, and vibrant local amenities. High-demand rental location with long-term upside—perfect for investors looking to secure a prime asset in a rapidly growing area. More details
    Listed by RE/MAX Realty Professionals
    DIANE RICHARDSON
  • 5801/5803 Dalgleish Road NW in Calgary: Dalhousie Full Duplex for sale : MLS®# A2297940

    5801/5803 Dalgleish Road NW Dalhousie Calgary T3A 1K4
    Main Photo: 5801/5803 Dalgleish Road NW in Calgary: Dalhousie Full Duplex for sale : MLS®# A2297940
    $1,395,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2297940
    Floor Area:
    2,170 sq. ft.
    Welcome to this well-maintained, income-generating full duplex with separate titles and legal basement suites with large windows, in highly walkable Dalhousie location, backing directly onto green space/park with no rear neighbours. NO CONDO FEES. Close to LRT/Transit, schools, park/playground, shopping, restaurants and other amenities. Each duplex contains 2 bedrooms upstairs, 1 downstairs, full bathroom on each floor, wood burning fireplace, front deck over garage off main bedroom, and back balcony. Approximately 1085 sq ft upstairs, 675 sq ft downstairs, single attached garage, driveway parking for 2+ cars per side. 5803 could be well suited for use as an owner’s suite boasting many upgrades throughout such as; hardwood and engineered hardwood flooring, spa tub (up), walk in spa shower (down), heated bathroom and kitchen floor (up), custom closet (up), kitchen upgrades including island/wine rack/stainless appliances, custom window coverings with Hunter Douglas shutters (down). More details
    Listed by ComFree
    DIANE RICHARDSON
  • 8518 & 8520 33 Avenue NW in Calgary: Bowness Full Duplex for sale : MLS®# A2303226

    8518 & 8520 33 Avenue NW Bowness Calgary T3B 1M1
    Main Photo: 8518 & 8520 33 Avenue NW in Calgary: Bowness Full Duplex for sale : MLS®# A2303226
    $1,600,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2303226
    Floor Area:
    1,882 sq. ft.
    An exceptional investment opportunity in the heart of Bowness, one of Calgary’s most desirable and evolving inner-city communities. This newly built full duplex property is purposefully designed as a turnkey income-generating asset, featuring two bedroom basement legal suites and two highly rentable upper units. The upper level units offer a well-designed, light-filled layout with modern finishes that appeal to quality tenants. Featuring two bedrooms, a full bathroom, and a powder room, along with a contemporary kitchen equipped with premium appliances, this space delivers both functionality and strong rental appeal. The self-contained two-bedroom legal basement suites include private entrances, high ceilings, fireplaces, and its own outdoor patio—features that are rarely found in comparable properties and significantly enhance tenant demand and rental value. The thoughtful design and separation between units support consistent occupancy and ease of management. Additional highlights include two detached double garages, providing added rental flexibility and potential for increased income. The property's low-maintenance, new construction offers peace of mind with minimal capital expenditure in the near term. Strategically located with quick access to downtown Calgary, major transit routes, parks, and recreational amenities, this property benefits from strong rental demand driven by both lifestyle and convenience. Proximity to Canada Olympic Park and the Bow River pathway system further enhances its long-term desirability. Ideal for investors seeking stable cash flow, future appreciation, and a high-quality asset in a growing community. This is a rare opportunity to secure a modern, income-producing property in a prime location. More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 1-7 2515 First Avenue NW in Calgary: West Hillhurst Apartment for sale : MLS®# A2274935

    1-7 2515 First Avenue NW West Hillhurst Calgary T2N 0C3
    Main Photo: 1-7 2515 First Avenue NW in Calgary: West Hillhurst Apartment for sale : MLS®# A2274935
    $1,980,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2274935
    Floor Area:
    1,064 sq. ft.
    A well-maintained 7-unit apartment building with individual titles, allowing each unit to be sold separately by the new owner. The offering includes all seven condominium units. Ideally located with excellent access to Kensington and downtown Calgary, the property is adjacent to a small park and just one block from the Bow River pathway. Each unit features two bedrooms, two bathrooms, and a wood-burning fireplace. The building is heated by a gas boiler with hot-water heating throughout. More details
    Listed by RE/MAX Landan Real Estate
    DIANE RICHARDSON
  • 1-8 128 22 Avenue NE in Calgary: Tuxedo Park Apartment for sale : MLS®# A2271794

    1-8 128 22 Avenue NE Tuxedo Park Calgary T2E 1T3
    Main Photo: 1-8 128 22 Avenue NE in Calgary: Tuxedo Park Apartment for sale : MLS®# A2271794
    $2,225,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2271794
    Floor Area:
    3,091 sq. ft.
    Perfectly located in the coveted inner-city neighborhood of Tuxedo Park, this eight suite apartment building sits on a deep 118.5' × 75' (8,898.5 sq ft) lot, zoned MC-1. With all units individually metered for electricity and energized parking stalls for every suite, this asset offers rare ease of operation and appeal. The building boasts a strong foundation of long-term tenants and low turnover, and has recently benefited from several capital investments including a boiler replacement in and roof replacement with a 25 year membrane in 2012. The suite layouts are extremely well-designed for one-bedroom living — spacious, functional and targeted to solid renters seeking inner-city convenience. The location is prime: with a Walk Score of 89 (very walkable) and a Transit Score of 58 (good transit access) according to Walk Score data. One block from a bus route and only minutes from downtown, this address delivers urban lifestyle appeal with the quiet character of a well-maintained residential building. Current average rents sit at approximately $1,335/month, with market rent for comparable one-bedrooms in the area estimated at approximately $1,485/month — demonstrating meaningful upside potential for the incoming owner-operator. Management is streamlined: tenants pay their own electricity, there is a building-owned common laundry facility, and the property is easily self-managed with minimal required maintenance. This property offers an excellent turnkey, well-positioned multi-family investment with strong fundamentals, immediate upside, and immediate access to Calgary’s urban rental demand. More details
    Listed by D.C. & Associates Realty
    DIANE RICHARDSON
  • 7415 39 Avenue NW in Calgary: Bowness Triplex for sale : MLS®# A2290754

    7415 39 Avenue NW Bowness Calgary T3B 1W9
    Main Photo: 7415 39 Avenue NW in Calgary: Bowness Triplex for sale : MLS®# A2290754
    $2,425,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2290754
    Floor Area:
    4,650 sq. ft.
    6-plex CMHC MIL PROGRAMME QUALIFIED featuring 4 bedrooms and 3 full bathrooms. The main floor boasts a bedroom with a full standing shower, a modern kitchen equipped with high-end stainless steel appliances, and gas stoves. The kitchen also includes a built-in pantry for added convenience. Upstairs, you will find 3 generously sized bedrooms and 2 full bathrooms, along with front-load washers and dryers for efficient laundry care. LEVEL 7 VINYL FLOORING THRU OUT ALL 6 UNITS Each basement unit is designed with 2 spacious bedrooms with oversize windows, a living room, kitchen/dining area, and separate laundry facilities. The back units offer 2 bedrooms and a den. The building is equipped with 6 gas meters, 6 electric meters, 3 bike storage areas, 3 storage units, and 3 single garages. Located conveniently close to all amenities, this property provides modern living with unmatched functionality. More details
    Listed by TREC The Real Estate Company
    DIANE RICHARDSON
  • 6427 32 Avenue NW in Calgary: Bowness Triplex for sale : MLS®# A2296289

    6427 32 Avenue NW Bowness Calgary T3B 0K3
    Main Photo: 6427 32 Avenue NW in Calgary: Bowness Triplex for sale : MLS®# A2296289
    $2,550,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2296289
    Floor Area:
    6,171 sq. ft.
    Purpose-Built Triplex | 6 Doors | CMHC MLI Select–Aligned Investment Opportunity in Bowness A rare opportunity to secure a brand new purpose-built triplex in Calgary’s Bowness community, strategically designed for maximum rental income, long-term appreciation, and CMHC MLI Select–aligned financing potential. Scheduled for completion in December 2026, this 3-storey multi-family investment property features 6 self-contained rental units under one title, offering strong income stability and operational efficiency for investors. Each of the three primary residences is paired with a legal 2-bedroom basement suite, creating a 6-door income-producing asset ideal for investors targeting high cash flow, optimized debt servicing, and long-term portfolio growth. With separate entrances, in-suite laundry, and independent living layouts, the property is designed to attract a broad tenant profile and minimize vacancy risk. The main and upper units feature modern open-concept layouts, with kitchens flowing seamlessly into dining and living areas to enhance livability and tenant retention. Upper levels include 3-bedroom configurations with dedicated laundry, while third-floor primary retreats offer private ensuites and flexible bonus space, increasing rental desirability and achievable rents. Legal basement suites are fully equipped with full kitchens, spacious living areas, and 2-bedroom layouts, expanding rental demand across multiple tenant segments. This configuration supports strong gross rental income, improved cap rates, and long-term asset performance, making it an ideal fit for investors seeking scalable multi-family properties in Calgary. Built with durable, low-maintenance materials and modern construction standards, this asset reduces ongoing capital expenditures and enhances long-term ownership efficiency—key advantages for investors utilizing CMHC MLI Select financing to maximize leverage and amortization. Located in Bowness, NW Calgary, just steps from the Bow River pathways, parks, schools, and local amenities, this property benefits from consistent tenant demand, strong rental fundamentals, and excellent connectivity to major routes. The location supports both long-term appreciation and stable occupancy rates, critical for multi-family investment performance. Additional flexibility includes multi-generational living potential, allowing for strategic occupancy options or hybrid ownership structures. This is a rare, turnkey opportunity to acquire a brand new 6-unit multi-family investment property in Calgary, purpose-built for cash flow, scalability, and CMHC MLI Select optimization. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 2136 22 Avenue SW in Calgary: Richmond Triplex for sale : MLS®# A2298287

    2136 22 Avenue SW Richmond Calgary T2T 0S5
    Main Photo: 2136 22 Avenue SW in Calgary: Richmond Triplex for sale : MLS®# A2298287
    $2,650,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2298287
    Floor Area:
    4,708 sq. ft.
    Situated in the highly sought-after inner-city community of Richmond, this brand new purpose-built triplex offers a rare opportunity to acquire a fully legal 6-unit income property in one of Calgary’s most consistently performing rental markets. Scheduled for completion in October 2026, this investment has been thoughtfully designed to deliver strong, long-term cash flow while appealing to a wide range of tenants. The property features three above-grade units, each paired with a legal basement suite, creating six fully self-contained residences. Every unit includes a private entrance, full kitchen, in-suite laundry, and functional, well-designed layouts that support comfortable everyday living. This configuration allows for diversified rental income and reduced vacancy risk, making it an ideal asset for investors focused on stability and scalability. Built with long-term performance in mind, the project incorporates enhanced soundproofing between units, independent mechanical systems, and durable exterior finishes including stucco, vinyl siding, and Hardie board. These features not only improve tenant satisfaction but also contribute to lower maintenance requirements over time. Outdoor spaces are intentionally designed to elevate the tenant experience, with private patios for upper units and sunken walk-up access for basement suites, creating bright and accessible lower-level living. Detached garages provide dedicated parking for upper units, a highly desirable feature in the inner city. Located just minutes from downtown Calgary, Richmond continues to see strong rental demand driven by its proximity to major employment hubs, transit routes, schools, and everyday amenities. This central location supports consistent occupancy and positions the property for long-term appreciation. For investors looking to secure a turnkey multi-family asset in a proven inner-city location, this six-unit property presents a compelling opportunity to build scale, generate reliable income, and capitalize on Calgary’s growing rental market. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 7604 21A Street SE in Calgary: Ogden 4 plex for sale : MLS®# A2267496

    7604 21A Street SE Ogden Calgary T2C 0W2
    Main Photo: 7604 21A Street SE in Calgary: Ogden 4 plex for sale : MLS®# A2267496
    $2,790,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2267496
    Floor Area:
    5,251 sq. ft.
    A rare opportunity to acquire a brand-new 4-plex with 4 legal basement suites — a total of 8 fully self-contained rental units complete with 4 single garages — delivering exceptional income potential and long-term stability for any investor. Each lower suite enjoys its own private entrance, maximizing privacy, tenant appeal, and flexibility for leasing. Crafted with modern architecture and upscale finishes, this build stands out as one of the most impressive multi-family offerings in the SE corridor. Situated in the rapidly transforming community of Ogden, it offers quick access to major arteries including Glenmore Trail, Deerfoot Trail, Stoney Trail, industrial employment hubs, Quarry Park, downtown transit routes, schools, and amenities — making it an ideal, high-demand rental location. The upper units feature 3 bedrooms, 2 bathrooms, bright open-concept living and dining spaces, and contemporary kitchens with premium finishing throughout. The legal basement suites include 9' ceilings, 2 bedroom, 1 bathroom, and well-planned layouts for efficient and comfortable living. Built to a higher construction standard with thoughtful design, including a unique drive-in configuration for easy garage access, this 8-unit asset is also eligible for CMHC MLI-Select (subject to lender/CMHC approval), allowing potential reduced down payment and extended amortization options. A true turn-key multi-unit investment in a high-growth SE community — opportunities of this caliber are rarely available. Contact for full details. More details
    Listed by MaxWell Canyon Creek
    DIANE RICHARDSON
  • 4632 85 Street NW in Calgary: Bowness 4 plex for sale : MLS®# A2303959

    4632 85 Street NW Bowness Calgary T3P 2R7
    Main Photo: 4632 85 Street NW in Calgary: Bowness 4 plex for sale : MLS®# A2303959
    $2,850,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2303959
    Floor Area:
    5,004 sq. ft.
    Welcome to a brand new, purpose-built 4-plex with legal basement suites in Bowness, Calgary, offering a total of 8 self-contained residential units and over 7,400 sq.ft. of professionally designed living space. This is a rare opportunity to acquire a turnkey, income-generating multi-family asset in one of Calgary’s most rapidly evolving and investor-focused communities. Located in Bowness, the property benefits from strong rental demand driven by proximity to the Bow River, Bowness Park, Canada Olympic Park, and convenient access to downtown Calgary. With ongoing redevelopment and increasing tenant demand, Bowness continues to emerge as a key inner-city investment node with long-term upside. The property features 4 spacious above-grade units, each offering approximately 1,200+ sq.ft. of modern, open-concept living. These units are designed with functional layouts, large windows, and contemporary finishes, creating bright, livable spaces that appeal to quality tenants and support strong rental rates. Complementing the main units are 4 fully legal basement suites (approx. 620 sq.ft. each), each with private entrances, efficient floorplans, and comfortable living spaces. This configuration significantly enhances the overall revenue profile, making this an ideal asset for investors focused on maximizing cash flow and long-term performance. As a new construction multi-family property, this asset offers low maintenance requirements, modern construction standards, and reduced capital expenditure risk. The exterior showcases clean, contemporary architecture with durable, high-quality finishes, contributing to long-term durability and strong curb appeal. From an investment standpoint, the property is supported by a projected cap rate of 5.32% and a DSCR of 1.17, offering a balanced profile of income stability and financing viability. A detailed pro forma is available in the supplements, providing further insight into projected rents, operating costs, and overall performance. The efficient unit mix, separate entrances for all suites, and thoughtful design support a wide range of tenant profiles, helping to drive consistent occupancy and stable rental income in a supply-constrained market. This opportunity may also align with CMHC MLI Select financing (subject to lender and CMHC approval), presenting the potential for enhanced leverage and improved long-term returns. An exceptional opportunity to acquire a newly built 8-unit multi-family property in Bowness, combining strong in-place income potential, modern construction, and exposure to one of Calgary’s most active redevelopment corridors. More details
    Listed by Real Broker
    DIANE RICHARDSON
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Data was last updated May 7, 2026 at 08:05 AM (UTC)


ASK DIANE RICHARDSON A QUESTION

If there are any Calgary real estate listing and any Calgary single family home or any Calgary townhomes for sale that strike your eye and you'd like to have a closer look at, kindly email, text, or call me. I'll schedule a private viewing for you at a convenient time. I may also be reached by phone at 403-397-3706, text, or email. The MLS® number or address of the property you are interested in should be included. List your Calgary home for sale using our time-tested marketing techniques, or get in contact with me right immediately to arrange a private showing of any property you see on mypadcalgary.com.

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