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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1-8 128 22 Avenue NE
A-492 Calgary T2E 1T3

$2,225,000
Multi-Family 3,091 sq. ft. built: 1963

Main Photo: 1-8 128 22 Avenue NE in Calgary: A-492 Apartment for sale : MLS®# A2271794
Photo 1: 1-8 128 22 Avenue NE in Calgary: A-492 Apartment for sale : MLS®# A2271794
Photo 2: 1-8 128 22 Avenue NE in Calgary: A-492 Apartment for sale : MLS®# A2271794
Photo 3: 1-8 128 22 Avenue NE in Calgary: A-492 Apartment for sale : MLS®# A2271794
Photo 4: 1-8 128 22 Avenue NE in Calgary: A-492 Apartment for sale : MLS®# A2271794
Photo 5: 1-8 128 22 Avenue NE in Calgary: A-492 Apartment for sale : MLS®# A2271794
Photo 6: 1-8 128 22 Avenue NE in Calgary: A-492 Apartment for sale : MLS®# A2271794
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Photo 27: 1-8 128 22 Avenue NE in Calgary: A-492 Apartment for sale : MLS®# A2271794
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2271794
Year Built:
1963
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.
Property Type:
Multi-Family
Property Sub Type:
Apartment
Transaction Type:
For Sale
Home Style:
Apartment-Single Level Unit
Total Living Area:
3,091 sq. ft.
Lot Area:
8,901 sq. ft.
Lot Frontage:
75'
Stories Total:
2
Levels:
Single Level Unit
Year built:
1963 (Age: 63)
Bathrooms:
- (Full:-, Half:-)
Plan:
2129O
Heating:
Boiler, Natural Gas
Basement:
Full
Foundation:
Poured Concrete
New Constr.:
No
Structure Type:
Low Rise (2-4 stories)
Roof:
Flat, Membrane
Ensuite:
No
Flooring:
Carpet, Tile, Vinyl Plank
Garage:
No
Parking:
Alley Access, Assigned, Plug-In
Parking Places:
8
Parking Total/Covered:
8 / -
Tuxedo Park
All stoves, hood fans, fridges, coin operated clothes washers and dryers and other equipment located at the property and owned by the seller.
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
Nov 22, 2025
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Virtual Tour

Listed by D.C. & Associates Realty
Data was last updated January 30, 2026 at 12:05 PM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$2,840,000
Min list price:
$799,800
Max list price:
$12,250,000
Avg days on market:
92
Min days on market:
4
Max days on market:
214
Avg price per sq.ft.:
$590.38
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.