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

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2316 16 Street SW
Bankview Calgary T2T 4E7

$1,100,000
Multi-Family 2,342 sq. ft. built: 1955

Main Photo: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2244497
Photo 1: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2244497
Photo 2: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2244497
Photo 3: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2244497
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2244497
Year Built:
1955
Open house 12-2pm. Saturday Aug 02, 2025. Discover a prime investment with this luxury fourplex—fully upgraded, centrally located, and perfectly situated in Bankview—offering unbeatable rental appeal just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that reduces heating costs by 60%. Each of the four spacious 1-bedroom units (2,343 square feet total) has in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $67,200 annually ($1,500 upper, $1,300 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Total Living Area:
2,342 sq. ft.
Below Grade Finished Area:
2,331.6 sq. ft.
Lot Area:
4,951 sq. ft.
Year built:
1955 (Age: 70)
Bathrooms:
- (Full:-, Half:-)
Plan:
5228AF
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Composite Siding
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Laminate
Garage:
No
Parking:
Parking Pad
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Unit
Bankview (Calgary)
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
NO
None Known
Title to Land:
Fee Simple
Community Features:
Park, Shopping Nearby
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG
Listed Date:
Jul 30, 2025
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Listed by Datong Property Management Ltd.
Data was last updated August 25, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$1,750,000
Min list price:
$865,000
Max list price:
$13,800,000
Avg days on market:
46
Min days on market:
3
Max days on market:
203
Avg price per sq.ft.:
$568.52
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON


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.

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.