Multifamily for Sale Calgary

Calgary Multi Family for Sale | Investment Properties from Duplex to Apartment Building

Multifamily for sale Calgary covers the full range of income-producing residential property: duplexes, triplexes, fourplexes, sixplexes, and apartment buildings of five units and above. Calgary is Canada's fastest-growing major metropolitan area, posting population growth of 13.1 percent over the past three years, and that growth is the primary driver behind sustained investor interest in multi family homes for sale Calgary. Anyone searching for multifamily for sale Calgary is entering a market with more data, more depth and more yield than any comparable Canadian city. The market carries a 5.2 percent average cap rate for 2026, yields that exceed comparable Vancouver and Toronto assets by 50 to 100 basis points, and Alberta's permanent absence of rent control, which allows landlords to reset rents annually for in-place tenants.

Browse Calgary Multi Family for Sale by Property Type

Multifamily Properties for Sale in Calgary

Forgot password Extend Verify Contact
1-12/36
  • 822, 826, 830, 834 Wolf Willow Boulevard SE in Calgary: Wolf Willow 4 plex for sale : MLS®# A2236628

    822, 826, 830, 834 Wolf Willow Boulevard SE Wolf Willow Calgary T2X 5R5
    Main Photo: 822, 826, 830, 834 Wolf Willow Boulevard SE in Calgary: Wolf Willow 4 plex for sale : MLS®# A2236628
    $3,399,888
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2236628
    Floor Area:
    6,352 sq. ft.
    MLI SELECT PROGRAM COMPLIANT | 8 UNITS | SHANE BUILT HOMES | 4 DOUBLE CAR GARAGES | ALL OF THE UNITS TENANTED ALREADY | 2 FULL DUPLEXES BESIDE EACH OTHER | 20 BEDROOMS & 16 BATH | Exceptionally rare opportunity to acquire four consecutive lots featuring two brand-new FULL duplexes, each with legal basement suites—for a total of 8 fully self-contained units. The owners bought these units through the MLI Select Program. The CMHC financing might be transferable (pending approval). Some of the units are already rented out. Located in the rapidly growing and nature-rich community of Wolf Willow, these turnkey properties offer an incredible investment opportunity with strong monthly cash flow potential. Each upper unit is thoughtfully designed with 3 spacious bedrooms, 2.5 bathrooms, a large family room, bonus room, and full-sized laundry. The kitchens feature quartz countertops, stainless steel appliances, and open to generous dining areas, mudrooms, and convenient half baths. Upstairs, the primary bedrooms offer walk-in closets and beautiful ensuites, while two additional bedrooms and a full bath complete the functional layout. The legal basement suites provide two bedrooms (one with a walk-in closet), full kitchens, spacious rec rooms, 4-piece bathrooms, laundry areas, utility rooms, and extra storage—each with a private entrance. Detached garages are included with each unit, enhancing tenant appeal and convenience. Each unit is separately metered. Nestled beside the scenic Bow River, Wolf Willow is known for its parks, walking trails, and peaceful natural surroundings, with easy access to Stoney Trail, Deerfoot Trail, and nearby amenities. This is a turn-key, high-cashflow property ideal for investors seeking stable returns and long-term value in a thriving Calgary community. More details
    Listed by Real Broker
    Mohit Dhilon
  • 6815 5 Street SW in Calgary: Kingsland 4 plex for sale : MLS®# A2251817

    6815 5 Street SW Kingsland Calgary T2V 1A9
    Main Photo: 6815 5 Street SW in Calgary: Kingsland 4 plex for sale : MLS®# A2251817
    $3,199,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2251817
    Floor Area:
    4,998 sq. ft.
    Massive 4plex for with 4 Legal Suites in the basement of each unit! Thats 8 total units for rent complete with 4 Garages making this a superior rental property. The basements have access to their own private entrances! Beautiful design and modern finishes make this one of the best looking 4 plexes in Calgary. City center location means its minutes to Rocky view Hospital, close to downtown, near Mount Royal University and right beside Chinook Center. Providing prime rentals to students, hospital staff and downtown professionals. Upper units come complete with 2 bathrooms, 3 bedrooms, living, dining rooms and large kitchens. The basements are impressive as well, their own separate entrance, TWO bedrooms, single bathroom and spacious living room with kitchen complete with 9 foot ceilings. This 8-unit property (4 townhomes each with a legal suite) may qualify for CMHC’s MLI Select program, which can offer financing with down payments starting as low as 5% and extended amortizations. Eligibility and terms subject to lender and CMHC approval. More details
    Listed by Century 21 Bravo Realty
    Mohit Dhilon
  • 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2261929

    2371 20 Avenue NW Banff Trail Calgary T2M 4C9
    Main Photo: 2371 20 Avenue NW in Calgary: Banff Trail Row/Townhouse for sale : MLS®# A2261929
    $3,350,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2261929
    Floor Area:
    5,752 sq. ft.
    Presenting an excellent opportunity to expand your investment portfolio close to the U of C! This BRAND NEW 8-plex is 100% complete and ready to rent! Located on a large 55x120 corner lot mere minutes from the University of Calgary and University C-Train station. The upper 2 storey units offer 1440 sq ft with 10' main floor ceilings, 9' and vaulted 2nd floor, a Primary bedroom with a 4 piece ensuite and walk-in closet, 2 more bedrooms, 4pc bathroom, powder room, living room, kitchen, dining room and laundry. Living room has built-in features, front and rear entrance and single garage parking. Lower units are 587 sq ft with 9' ceilings, 1 bedroom plus a flex room/den, living room, kitchen and laundry as well. Interiors will also have stainless steel appliances, QUARTZ counters and LVP floors with tiled bathrooms. The exterior is well presented with Hardie siding and stone accents, sidewalks front/rear, irrigation, window coverings, and nicely treed too! 4 single garages and 2 large indoor storage units complete this package. This build is eligible for CMHC Select financing, seperately titled and metered. Take advantage of Calgary's rental market in one of the most desireable locations with C-Train access, minutes to the University of Calgary, Foothills Hospital and 10 minutes to downtown. More details
    Listed by Century 21 Bamber Realty LTD.
    Mohit Dhilon
  • 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
    Mohit Dhilon
  • 433 53 Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2268062

    433 53 Avenue SW Windsor Park Calgary T2V 0B8
    Main Photo: 433 53 Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2268062
    $2,999,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2268062
    Floor Area:
    4,976 sq. ft.
    A rare opportunity to own a brand-new 4plex with 4 legal basement suites — a total of 8 self-contained units combining modern design, exceptional construction quality, and unbeatable inner-city convenience. Located in the desirable community of Windsor Park, just steps from Chinook Centre, Britannia Plaza, schools, and major transit routes, this property offers a premium investment opportunity with strong rental demand. Each upper unit features 3 bedrooms, 2.5 bathrooms, and an open-concept main floor with designer kitchens, quartz countertops, and luxury vinyl plank flooring. The legal basement suites include 9-ft ceilings, 2 bedroom, 1 bathroom, and bright, functional layouts with private side entrances — ideal for maximizing rental income or multi-generational living. Designed and built to the highest standards, this project showcases a modern architectural aesthetic, durable exterior materials, and thoughtful layouts throughout. With 8 rentable units and ample parking, it presents an exceptional opportunity for investors seeking steady cash flow and long-term appreciation. Eligible for CMHC MLI Select (subject to lender and CMHC approval) — allowing potential low down payment and extended amortization. A true turnkey multi-family investment in one of Calgary’s most central and accessible neighborhoods. More details
    Listed by MaxWell Canyon Creek
    Mohit Dhilon
  • 1-30 1510 30 Avenue SW in Calgary: South Calgary Apartment for sale : MLS®# A2298407

    1-30 1510 30 Avenue SW South Calgary Calgary T2T 1P3
    Main Photo: 1-30 1510 30 Avenue SW in Calgary: South Calgary Apartment for sale : MLS®# A2298407
    $12,499,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2298407
    Floor Area:
    28,483 sq. ft.
    Welcome to the VIBE14 building located on the corner of 14ST and 30 AVE SW(Marda Loop) in front of the SOUTH CALGARY PARK. This 30 UNIT trophy building was constructed in 2019 and designed by Davignon Martin architects, this 4 story wood frame building with concrete foundation & underground parking was built to withstand an earthquake with a magnitude of 4.4. Their is a mix of suites thru out with 1-bedroom, 2-bedroom and a unique 2 story 1 bedroom loft layout, each unit comes complete with a balcony, A.C, high end appliances , blinds, and laundry. Maximizing the sunlight with floor to ceiling windows in each unit . Very upgraded mechanical systems which include SOLAR PANELS on the roof which powers all the exterior lighting and all interior common hallway lighting, GREY WATER HOLDING TANK which cleans reuses and collects rainwater which is than used for the toilets and landscaping. Beautiful front entrance to the building with high ceilings finished with cedar and a hanging chandelier. THIS BUILDING IS MAKING HIGH RETURNS MONTHLY . Each unit is individually titled , each parking is individually titled. CITY ASSESSMENT IS $14,000,000 - This building requires a minimum down payment of 20% because it is a high income producing asset and cannot be closed under the 5% MLI program which CMHC offers More details
    Listed by Real Broker
    Mohit Dhilon
  • 4221 32 Avenue SW in Calgary: Glenbrook Row/Townhouse for sale : MLS®# A2300561

    4221 32 Avenue SW Glenbrook Calgary T3E 3M6
    Main Photo: 4221 32 Avenue SW in Calgary: Glenbrook Row/Townhouse for sale : MLS®# A2300561
    $3,749,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2300561
    Floor Area:
    7,075 sq. ft.
    Defined by a level of quality and finish rarely seen in multi-family construction, this brand new 3-storey fourplex with legal basement suites (8 units total) is positioned on a corner lot along a tree-lined street in Glenbrook, offering a compelling opportunity for investors seeking a durable, design-forward asset built for long-term tenant retention. The upper units (approx. 1,758–1,788 sq ft) are intentionally configured to appeal to a broad tenant profile, featuring 3-bedroom layouts with dual primary suites plus an additional bedroom—ideal for professionals, families, and shared living. The third-floor primary retreat spans the entire level, showcasing vaulted ceilings, dual vanity, and a private balcony, while the main living space is anchored by a signature AHMC custom concrete surround gas fireplace, adding architectural presence. The legal 1-bedroom basement suites (approx. 647–660 sq ft) offer private rear entrances, large sunshine windows, and in-floor heat, creating bright, comfortable spaces well-suited for consistent occupancy and stable secondary income. A cohesive, elevated finish palette carries throughout, including hardwood flooring, quartz countertops, stainless steel appliances, and designer lighting and hardware. Upper units are further enhanced with air conditioning, exterior gas lines, pot filler upgrade, and European style tilt and turn windows with adjustable screens. The quality of construction and material selection is intended to minimize ongoing maintenance, supporting stronger long-term performance. Additional features include detached garage stalls (one per upper unit) with epoxy-finished floors, storage lockers, and rear bike storage, enhancing both functionality and tenant experience. Currently under construction with anticipated completion late 2026, this is a rare opportunity to secure a modern, low-maintenance investment in a highly desirable inner-city location, where design, livability, and long-term stability align. This combination of quality and location will have your tenants never wanting to leave. More details
    Listed by Century 21 Bamber Realty LTD.
    Mohit Dhilon
  • 2822/2828 11 Avenue SE in Calgary: Albert Park/Radisson Heights Row/Townhouse for sale : MLS®# A2294230

    2822/2828 11 Avenue SE Albert Park/Radisson Heights Calgary T2A 0E7
    Main Photo: 2822/2828 11 Avenue SE in Calgary: Albert Park/Radisson Heights Row/Townhouse for sale : MLS®# A2294230
    $7,800,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2294230
    Floor Area:
    17,976 sq. ft.
    Welcome To An Exceptional New Construction 22-Unit Purpose-Built Rental Development Located In The Evolving Inner-City Community Of Radisson Heights. Situated At 2822 & 2828 11 Avenue SE, This Thoughtfully Designed Multi-Family Asset Presents A Rare Opportunity To Acquire A Modern, Income-Generating Property In A High-Demand Rental Corridor Just Minutes From Downtown Calgary. Scheduled For Completion In Summer 2026, The Project Features A Well-Balanced Unit Mix Tailored To Today’s Rental Market, Including A Selection Of One, Two, And Three-Bedroom Suites. The Development Comprises Four Wood-Frame Residential Buildings, Complemented By Two Detached Garages, Offering A Total Of 12 Parking Stalls. Each Suite Has Been Designed With Durability, Efficiency, And Long-Term Operational Performance In Mind, Featuring Luxury Vinyl Plank Flooring, Quartz Countertops, Stainless Steel Appliances, And 9-Foot High Ceilings. All Units Include In-Suite Laundry, While Main Floor Suites Offer Private Balconies, Enhancing Livability And Tenant Retention. The Property Incorporates A Dedicated Affordability Component, With 6 Units (Approximately 25–27%) Designated As Affordable Housing, Aligning With CMHC MLI Select Program Objectives And Supporting Stable Occupancy And Long-Term Income Consistency. Strategically Located, The Property Benefits From Proximity To A Wide Range Of Amenities, Including Schools, Shopping Centers, Places Of Worship, And Public Transit, Including LRT Access. Residents Will Also Enjoy Convenient Connectivity To Downtown Calgary, Along With Potential City Skyline And Mountain Views, Further Enhancing The Property’s Overall Appeal. [Energy Efficiency And Sustainability Features To Be Detailed – Designed With Consideration For Modern Building Performance Standards And Long-Term Operational Efficiency.] Radisson Heights Continues To Experience Ongoing Revitalization And Strengthening Rental Demand Fundamentals, Making This An Ideal Location For Long-Term Investment. The Combination Of New Construction, Efficient Building Design, And A Diversified Unit Mix Positions The Asset To Perform Well Under Evolving Market Conditions While Supporting Sustainable Income Growth Over Time. More details
    Listed by Royal LePage METRO
    Mohit Dhilon
  • 922&926 2 Avenue NW in Calgary: Sunnyside Row/Townhouse for sale : MLS®# A2305357

    922&926 2 Avenue NW Sunnyside Calgary T2N 0E6
    Main Photo: 922&926 2 Avenue NW in Calgary: Sunnyside Row/Townhouse for sale : MLS®# A2305357
    $2,900,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2305357
    Floor Area:
    1,862 sq. ft.
    An exceptional and rare opportunity to acquire two adjoining lots at 922 and 926 2 Avenue NW, each measuring 50 ft x 120 ft, for a combined total of 100 ft x 120 ft (12,000 sq ft) of prime development land. Ideally located in Sunnyside along 2 Avenue NW between 8 Street and 9 Street NW, the property is currently zoned DC, offering a wide range of development possibilities. This highly sought-after location is just steps from the vibrant amenities of Kensington, the Peace Bridge, Prince’s Island Park, Sunnyside LRT Station, the Bow River, and Calgary’s downtown core. Enjoy immediate access to pathways, major attractions, and key roadways. This is a rare chance to secure a premier development site in one of Calgary’s most desirable inner-city communities—an opportunity to position yourself at the forefront of development in Sunnyside. More details
    Listed by Grand Realty
    Mohit Dhilon
  • 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
    Mohit Dhilon
  • 934 5A Street NW in Calgary: Sunnyside 4 plex for sale : MLS®# A2305081

    934 5A Street NW Sunnyside Calgary T2N 1R6
    Main Photo: 934 5A Street NW in Calgary: Sunnyside 4 plex for sale : MLS®# A2305081
    $1,800,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2305081
    Floor Area:
    4,220 sq. ft.
    Welcome to Sunnyside—one of Calgary’s most sought-after inner-city communities, just steps from the vibrant amenities of Kensington. This exceptional multi-family property presents a prime investment opportunity with strong existing income and additional upside potential. The building features four fully self-contained units, each offering 1,046–1,061 sq ft of well-designed living space, complete with 3 bedrooms and 1.5 bathroom. All units have been recently renovated with durable vinyl plank flooring throughout, while two units feature updated cabinetry and quartz countertops. As part of these upgrades, each suite is equipped with convenient in-unit laundry, enhancing both tenant comfort and long-term rental appeal. The mechanical systems—individual furnaces and hot water tanks for each unit—are located in the basement, supporting efficient maintenance and operation. Three of the four units are currently tenanted, generating $7,400/month in rental income, with tenants paying their own utilities. The fourth unit was most recently rented for $2,800/month, highlighting the strong revenue potential and immediate upside for investors. Additionally, there is potential to develop two basement units, offering a valuable opportunity to further increase cash flow and maximize returns. The property also includes four outdoor parking stalls, adding to tenant convenience and overall appeal. Ideally located, this property is just moments from Memorial Drive, the iconic Peace Bridge, and an abundance of shops, restaurants, parks, and transit options. Directly across the street, a community park and open green space serve as a year-round gathering place, including a popular outdoor skating rink in the winter months—enhancing the property’s appeal to tenants seeking both lifestyle and convenience. Whether you’re a seasoned investor or looking to expand your portfolio, this is a rare opportunity to acquire a turnkey asset in a high-demand rental location with future development upside. More details
    Listed by eXp Realty
    Mohit Dhilon
  • 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508

    1236 17 Avenue NW Capitol Hill Calgary T2M 0P8
    Main Photo: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
    $3,150,000
    Multi-Family
    Status:
    Active
    MLS® Num:
    A2311508
    Floor Area:
    5,476 sq. ft.
    Welcome to 1236 17 Avenue NW, a rare opportunity to acquire a brand new, purpose built four plex with 4 fully legal basement suites, totalling 8 self contained units in one of Calgary's most strategically located inner city communities. This is not just a property, this is a fully built, turnkey cash flow machine sitting directly opposite SAIT Polytechnic on the high visibility 16th Avenue NW corridor, where tenant demand is as strong and consistent as anywhere in the city. The location is simply unmatched. Situated in Capitol Hill, you are literally steps from SAIT Polytechnic , one of Canada's largest post secondary institutions with over 40,000 students and staff actively seeking quality housing. Add close proximity to the University of Calgary, Foothills Medical Centre, you have a virtually inexhaustible pipeline of high quality tenants- students, healthcare professionals, faculty, and downtown professionals. With downtown Calgary just 12 minutes away, the Jubilee C Train station nearby, and 16th Avenue providing direct arterial access across the city, this location commands premium rents and near zero vacancy year round. The property delivers approx 5500 sq.ft. of above grade living space across 4 beautifully designed two storey townhome style units, each complemented by a fully legal 530 sq.ft. basement suite with its own private entrance. The 4 upper units each offer an open concept main floor with modern kitchen, living and dining areas plus a second floor of with spacious bedrooms and full bathrooms. The 4 legal basement suites each provide 530 sq.ft of bright, efficiently designed living space with fully private, separate entrances. The property also includes a detached 4 car garage plus dedicated mobility storage. From an investment standpoint, Capitol Hill's rental market is driven by persistent post secondary demand, near zero vacancy, Calgary's no-rent-control environment, and continued inner-city intensification. With 8 fully legal, rentable doors in a market where quality supply is chronically constrained, this property is positioned to deliver strong, stable cash flow. This property also qualifies for CMHC MLI Select financing, offering potential access to 95% LTV, 50 year amortization, and significantly enhanced leverage, subject to lender and CMHC approval. Opportunities like this fully built, fully legal, 8 units, steps from SAIT do not come available often. Contact us today and arrange a private showing before this one is gone. More details
    Listed by Real Broker
    Mohit Dhilon
1-12/36
Data was last updated August 12, 2026 at 08:05 PM (UTC)

Calgary Multifamily Investment Market Snapshot

CoStar Multi-Family Market Report · Calgary · June 16, 2026 · Licensed to Century 21 Bravo Realty

5.2%
Avg Cap Rate
2026 forecast
$216M
Sales Volume
2026 YTD
8.2%
Vacancy
market-wide
$1,812
Avg Rent
per unit/mo
11,237
Under Constr.
units in pipeline
13.1%
Pop Growth
past 3 years

Ready to Buy Multifamily Property in Calgary

All multifamily for sale Calgary listings on this page are updated daily from the Pillar 9 MLS system, covering duplexes, fourplexes, sixplexes and apartment buildings across all quadrants. Whether you are a first-time investor searching for a duplex for sale Calgary to house-hack, a private investor targeting a fourplex for sale Calgary or multiplex for sale Calgary for portfolio income, or a larger buyer evaluating apartment buildings, Mohit Dhillon at Calgary Listing Hub handles multi family homes for sale Calgary transactions through Century 21 Bravo Realty.

Call or text: (587) 719-5523  |  Email: mohit.dhillon@century21.ca  |  Century 21 Bravo Realty

What Is the Average Cap Rate for Multifamily in Calgary

What is the average cap rate for multifamily in Calgary

Based on the CoStar June 2026 market report licensed to Century 21 Bravo Realty, the average cap rate for multifamily for sale Calgary is 5.2 percent across all asset classes for 2026. Breaking this down by property tier: 4 and 5 Star new assets trade at approximately 5.0 percent cap, 3 Star mid-market buildings at 5.3 percent, and the investment yield range for the broader market runs 4.75 to 5.25 percent, with best-in-class urban assets in the Beltline and Downtown core as low as 4.5 percent.

Is Calgary a good place to invest in multifamily real estate

Yes, with important nuance depending on asset class. For legacy stock, 1 and 3 Star buildings built before 2010, multifamily for sale Calgary is well-supported by sustained population demand, no rent control, and a vacancy rate of 6.4 to 7.4 percent that still permits positive cash flow. Calgary's population growth of 13.1 percent over the past three years is Canada's highest among major metro areas, and the city's median household income of $114,200 is the highest of all major Canadian cities. Multi family homes for sale Calgary in the legacy asset category benefit most directly from these fundamentals. Economic growth in 2025 ran at 2.6 percent versus a national average of 1.1 percent, and is forecast to remain above the national average in 2026.

Calgary Multifamily Investment: Why Alberta Has No Rent Control

Alberta's permanent absence of rent control legislation is the most frequently cited structural advantage of multifamily for sale Calgary over comparable assets in BC and Ontario. When a tenant vacates, the owner of a revenue property for sale Calgary can set the next rent at any amount the market supports, with no required notice period or annual increase limits. In Calgary specifically, where tenant turnover is elevated in the current cycle as renters move upward through the quality ladder into newer buildings, this creates consistent mark-to-market opportunity for owners of older 1 and 2 Star stock. The average market rent across all Calgary multifamily is $1,812 per unit per month as of Q2 2026, but properties where below-market rents have been grandfathered by long-term tenancies can reset significantly on turnover. For investors in bc or ontario comparing markets, this structural difference can add 50 to 150 basis points to effective yield over a typical hold period. Read more about the mechanics of this advantage in our guide to investing in Calgary commercial real estate.

Signup for our newsletter

STAY UP-TO-DATE WITH LATEST NEWS AND TIPS

Stay up to date with the Chestermere real estate market through our monthly newsletter. Get the latest MLS® listings, housing trends, buyer and seller tips, and community insights delivered straight to your inbox. You can unsubscribe at any time, and your email address will always remain private.

Signup for our newsletter Form Form

BUY or SELL - Contact Us Today!

(587) 719-5523

Find Chestermere homes for sale with real-time MLS® listings. From affordable starter houses to luxury estates, explore properties in Calgary, Airdrie, Chestermere & more.

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.