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Investment Property for Sale in Calgary
Investment Property for Sale in Calgary
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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1095 Bridlemeadows Manor SW in Calgary: Bridlewood Detached for sale : MLS®# A2342873
1095 Bridlemeadows Manor SW Calgary T2Y 4L1 
$535,000Residential- Status:
- Active
- MLS® Num:
- A2342873
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,540 sq. ft.
Nestled on a quiet street in the highly sought-after, family-friendly community of Bridlewood, this fully finished 2-story home is the absolute definition of move-in ready. From the moment you step through the front door, you will be captivated by the incredible natural light pouring through 2 updated bay windows (2021). The carefully maintained interior features a fresh coat of paint (2025), main-floor pot lights, and gorgeous new luxury vinyl plank flooring (2025) that stretches across the main level. Designed for effortless everyday living and entertaining, the main floor boasts a highly versatile front bonus space—perfectly suited for a home office, formal sitting room, or children's play area. This space flows seamlessly into the open-concept heart of the home, where a cozy corner fireplace anchors the main family room. The beautifully refinished kitchen (2025) is a chef's delight, equipped with timeless cabinetry, sleek stainless steel appliances, a pantry, and an abundance of counter and cabinet storage space. A discreetly located 2-piece powder room completes this level. Head upstairs to discover plush carpeting (2025) running through three generously sized bedrooms. The primary retreat serves as a true sanctuary, featuring a walk-in closet and a stunning en-suite bathroom complete with a soothing corner tub and bright skylight (2021). Another full 3-piece bathroom services the two additional upper bedrooms. The fully finished basement adds incredible functional living space to the property, boasting a massive recreation room perfect for family movie nights, a dedicated laundry room, a private fourth bedroom, and a full 3-piece bathroom. Step outside onto the spacious rear deck to admire the oversized backyard—an expansive oasis that offers a convenient outdoor storage shed, a tandem two-car front driveway, and endless space for children to play, alongside exceptional future potential to build your dream garage. Beyond the cosmetic updates, this home offers ultimate mechanical peace of mind with a brand-new hot water tank (2026), a high-efficiency furnace replaced in 2021, updated front exterior siding (2021). Unbeatably located just moments away from top-tier schools, parks, local shopping centers, and major transit routes, this exceptional property is a true must-see that completely eliminates the stress of renovation. Don't miss your chance to own a truly turn-key home in one of the neighborhood's finest locations—schedule your viewing today, you will not be disappointed! More detailsListed by MaxWell Gold
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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4101 522 Cranford Drive SE in Calgary: Cranston Apartment for sale : MLS®# A2343001
4101 522 Cranford Drive SE Calgary T3M 2L7
$314,900Residential- Status:
- Active
- MLS® Num:
- A2343001
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 910 sq. ft.
Welcome to CRANSTON RIDGE, where modern comfort meets a prime location. This beautifully designed GROUND-FLOOR CORNER UNIT offers 2 SPACIOUS BEDROOMS, 2 FULL BATHROOMS, and HIGH-END FINISHES throughout — perfect for FIRST-TIME BUYERS, DOWNSIZERS, or INVESTORS. Enjoy a BRIGHT, OPEN-CONCEPT LAYOUT featuring a GOURMET KITCHEN with QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES, UPGRADED MAPLE CABINETS with dovetail drawers, and a REVERSE OSMOSIS WATER FILTRATION SYSTEM. The living and dining area flow seamlessly onto an OVERSIZED PATIO with a NATURAL GAS HOOKUP — perfect for year-round BBQs and relaxing evenings. The PRIMARY SUITE includes a WALK-THROUGH CLOSET with UPGRADED BUILT-IN SHELVING and a PRIVATE 4-PIECE ENSUITE. The second bedroom offers flexible space for guests or a home office. Additional highlights include IN-SUITE LAUNDRY, TITLED HEATED UNDERGROUND PARKING, and a SECURE STORAGE LOCKER — ALL INCLUDED. Located just MINUTES FROM THE SCENIC BOW RIVER PATHWAY, and close to PARKS, SCHOOLS, SHOPPING, and RESTAURANTS. Enjoy EASY ACCESS TO DEERFOOT AND STONEY TRAIL for a stress-free commute. DON’T MISS YOUR OPPORTUNITY to own a WELL-MAINTAINED, LOW-MAINTENANCE home in one of CALGARY’S MOST DESIRABLE COMMUNITIES. More detailsListed by Kirin Realty & Management Inc.
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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129 Saddlebrook Circle NE in Calgary: Saddle Ridge Detached for sale : MLS®# A2343005
129 Saddlebrook Circle NE Calgary T3J 0K4
$549,900Residential- Status:
- Active
- MLS® Num:
- A2343005
- Bedrooms:
- 6
- Bathrooms:
- 4
- Floor Area:
- 1,657 sq. ft.
Welcome to one of Saddle Ridge's best family homes a bright, south-facing 2-storey with 6 bedrooms, 4 bathrooms, and close to 2,400 sq.ft of developed living space, all under $550K. Freshly painted with brand new flooring throughout, this home is truly move in ready. The main floor offers 9' ceilings, a spacious living room, a separate family room with gas fireplace, and a kitchen with island, walk-in pantry and upgraded appliances, plus a half bath and main floor laundry. Step out from the nook onto the deck and a level, landscaped backyard with back lane access. Upstairs are four generous bedrooms, including a large primary with walk-in closet and 4-pc ensuite with soaker tub and separate shower, plus a full bath. The finished lower level (illegal suite) adds two more bedrooms and a full bath an ideal mortgage helper. Location is unbeatable: steps to Saddletowne C-Train station, Genesis Centre, schools, parks and playgrounds, with grocery stores, restaurants and places of worship minutes away. Quick access to Stoney Trail, Deerfoot and the airport puts the whole city within reach. Whether you're a growing family, a first-time buyer, or an investor looking for strong rental income in NE Calgary this is the one. Book your showing today. More detailsListed by eXp Realty
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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46 Prestwick Gardens SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2342528
46 Prestwick Gardens SE Calgary T2Z 3V3
$429,900Residential- Status:
- Active
- MLS® Num:
- A2342528
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,359 sq. ft.
Welcome to this attractive townhome featuring 3 bedrooms, 3.5 bathrooms, a fully finished basement, central air-conditioning, a sunny backyard and a private double-car garage. Your new home is located on a quiet street, minutes from Mckenzie Towne shopping district and a scenic walking pathway system. Step inside through the front foyer to an abundance of natural light pouring through large newer windows, creating a warm, inviting atmosphere. The spacious living room is perfect for relaxing or hosting guests and is complete with a centre fireplace as the focal point. High 9-foot ceilings, crown mouldings and beautiful hardwood floors await in the living and dining rooms. The open floor plan continues to the kitchen with classic white cabinetry, plenty of counter space, a centre island and ample storage. A half bath is discreetly located near the back entrance that leads outside to your raised deck, low maintenance backyard and double-car garage. Head upstairs to discover a thoughtful layout with dual primary bedrooms; an exceptional setup that offers privacy for roommates, guests, or a home office. Both generously sized bedrooms feature their own private ensuite bathrooms and large walk-in closets. The laundry is conveniently located upstairs with front-load washer and dryer. The fully finished basement expands your living footprint significantly and includes a large recreation room with fireplace as well as 3rd bedroom, another 3-piece bathroom and plenty of storage space. Nestled in desirable McKenzie Towne, you’re steps from a green space and playground, and just a short stroll to vibrant McKenzie Towne Centre, home to shops, restaurants, grocery, fitness, and transit options. Easy access to Deerfoot Trail, Stoney Trail, and nearby amenities ensures ultimate convenience. Please check out the virtual tour. Do not miss out on this one! More detailsListed by Century 21 Bamber Realty LTD.
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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36 Richelieu Court SW in Calgary: Lincoln Park Row/Townhouse for sale : MLS®# A2342557
36 Richelieu Court SW Calgary T3E 7E9
$495,000Residential- Status:
- Active
- MLS® Num:
- A2342557
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,237 sq. ft.
Welcome to this beautifully updated bungalow villa-style townhome, quietly tucked away in the desirable inner-city community of Lincoln Park. Offering central air conditioning, three bedrooms, two bathrooms and a double attached garage, this stylish residence combines modern finishes, thoughtful functionality and an exceptionally convenient location. Step inside from the private interior courtyard of the complex and you’re greeted by a spacious, open-concept living and dining area finished with luxury vinyl plank and designer tile flooring, contemporary lighting and fresh modern paint. A striking corner gas fireplace with stone surround creates a warm and inviting focal point, while the open layout is ideal for both everyday living and entertaining. The beautiful kitchen features white cabinetry, quartz countertops, stainless steel appliances and generous pantry storage. Thoughtfully designed blue storage cabinetry adds a sophisticated pop of colour and is topped with an extended quartz counter, providing even more storage and valuable workspace. The spacious primary bedroom offers dual closets and a gorgeous three-piece ensuite complete with a custom glass shower, quartz vanity and chic designer tile. A second bedroom, stylish four-piece main bathroom and convenient laundry closet complete the main level. Downstairs, the walkout lower level adds excellent versatility with a third bedroom, utility room and a dedicated storage room already roughed-in for a future third bathroom. This level also provides direct access to the double attached garage along with a second entrance to the home. Located within a well-maintained 40+ complex, with residents aged 15+ permitted to live with owners, this property offers a quiet and welcoming setting just minutes from everything you need. Enjoy convenient access to shopping, restaurants, medical clinics, Mount Royal University, walking paths, the Rutland Park outdoor rink and community hall. Peacefully tucked away from the hustle and bustle yet only moments from major routes including Glenmore Trail and Crowchild Trail, this is an outstanding opportunity to enjoy stylish, low-maintenance living in one of Calgary’s most convenient inner-city locations. More detailsListed by RE/MAX First
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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604 77 Spruce Place SW in Calgary: Spruce Cliff Apartment for sale : MLS®# A2335515
604 77 Spruce Place SW Calgary T3C 3X6
$305,000Residential- Status:
- Active
- MLS® Num:
- A2335515
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 811 sq. ft.
Welcome to Encore, a sought-after concrete high-rise in Spruce Cliff offering an exceptional location, impressive building amenities, and convenient access to downtown. Located on the 6th floor, this freshly painted executive condominium features over 800 sq ft of living space with two bedrooms, two bathrooms, air conditioning, in-suite laundry, 9’ ceilings, and large windows that fill the home with natural light. The open-concept kitchen, dining, and living area creates a comfortable and functional layout. The kitchen features granite countertops, white cabinetry, a central island, and plenty of cupboard and counter space. The adjoining dining area flows into the living room, where a gas fireplace adds warmth and large windows bring in abundant natural light. From here, step outside onto the spacious balcony, providing additional room to relax outdoors. The primary bedroom includes a private 4-piece ensuite, while the second bedroom features a closet and large windows, making it well suited for a bedroom, guest room, or home office. A separate 3-piece bathroom with an oversized shower completes the interior. The property also includes a titled heated underground parking stall and an assigned storage locker. Residents of Encore enjoy access to an extensive amenities wing featuring an indoor swimming pool, hot tub, fitness centre, games and recreation areas, social and meeting spaces, change rooms, 24-hour on-site security, and underground visitor parking. Pets are permitted with board approval, with one small dog or one cat allowed. Condo fees include all utilities except electricity. Spruce Cliff offers an ideal location with an array of amenities close at hand. Westbrook LRT Station provides convenient access to downtown, while nearby Westbrook Mall offers groceries, shopping, and everyday services. Shaganappi Point Golf Course, the Calgary Public Library, Killarney Aquatic & Recreation Centre, and Wildflower Arts Centre are also close by. For those who enjoy the outdoors, the Bow River pathway system, Douglas Fir Trail, Edworthy Park, and nearby off-leash areas provide plenty of options for walking, biking, and recreation. Quick access to Bow Trail and Sarcee Trail makes it easy to travel throughout the city or head west toward the mountains, while the University of Calgary, SAIT, Mount Royal University, and the shops and restaurants of 17th Avenue are all within a short drive. Take advantage of your opportunity to see this incredible property in person, book your showing today! Be sure to check out the floor plans and 3D tour for a closer look before your visit. More detailsListed by Real Broker
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1306 519 Riverfront Avenue SE in Calgary: Downtown East Village Apartment for sale : MLS®# A2341183
1306 519 Riverfront Avenue SE Calgary T2G 1K6
$340,000Residential- Status:
- Active
- MLS® Num:
- A2341183
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 653 sq. ft.
Experience urban living at its finest in the heart of the East Village nestled within Evolution Fuse! This exquisite 1 Bedroom, 1 Bathroom, plus den, South facing, 13th floor residence exudes contemporary elegance and offers luxury living. As you enter this beautifully maintained property you immediately see the view of the surrounding area. The sleek and modern kitchen is equipped with stainless steel appliances, gas range, granite countertops, granite backsplash and ample cabinet space. The living and dining area seamlessly flows onto the large balcony (100 Sqf) through sliding glass doors, creating a beautiful indoor-outdoor experience complete with gas line BBQ hookup and electrical outlet. (The perfect view to enjoy the fireworks during stampede) The separate den space off the entrance is perfect for an office set up or a variety of configurations. The bathroom has in-floor heating, large soaker tub and large vanity with granite counter top. The bedroom has floor to ceiling windows, a decent sized closet with mirror sliding doors, blackout blinds and has separate thermostat to control the temperature directly from main living area. Additionally a full-size washer/dryer, direct air-conditioning, a secured storage locker and parking stall. Enjoy an array of amenities at Evolution, including a 2nd floor outdoor garden common area, entertainment lounge, two fitness centre’s complete with steam room and sauna, and personalized concierge services + 24/7 security. Embrace the vibrant riverfront lifestyle with easy access to scenic walking / biking paths along the river or directly to the downtown core, dining, numerous shops /services and the convenience of the close proximity C-Train station. Don’t forget the new Scotia Place coming in 2027 (perfect view of it) which will only enhance the desirably of The East Village. This property must be seen - it shows beautifully! More detailsListed by Unison Realty Group Ltd.
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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109 5500 Somervale Court SW in Calgary: Somerset Apartment for sale : MLS®# A2342907
109 5500 Somervale Court SW Calgary T2Y 4L9
$265,000Residential- Status:
- Active
- MLS® Num:
- A2342907
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 967 sq. ft.
SPECTACULAR MAIN FLOOR CORNER UNIT with 2 BEDROOMS & 2 FULL BATHROOMS, CORNER FIREPLACE, TITLED UNDERGROUND PARKING, HUGE COVERED BALCONY , LAMINATE FLOORING, OPEN FLOOR PLAN, EXTRA WINDOWS,STAINLESS STEEL APPLIANCES , 2 STORAGE AREAS, IN-SUITE LAUNDRY, TONS OF CABINETRY . CONDO FEES INCLUDE UTILITIES, VERY WALKABLE LOCATION JUST DOWN THE STREET FROM THE LRT STATION, YMCA AND SHAWNESSY SHOPPING. EASY ACCESS TO STONEY TRAIL. Incredible location for this stylish 2 bedroom 2 bathroom corner unit . The sophisticated open floor plan is basked in natural light with gleaming laminate flooring. Show off your culinary prowess in the kitchen featuring stainless steel appliances that beautifully contrast with the crisp white cabinets. Extra windows thanks to the corner location with seemingly endless sunshine to stream into the living room providing an inviting space to gather and unwind. Patio slides to the huge private covered balcony. The floor plan is the perfect layout for privacy with the bedrooms on either side of the unit ideal for roommates, guests or working from home. Retreat at the end of the day to the calming primary bedroom oasis with extra cabinetry & where dual closets lead to your 3-piece ensuite. The spacious second bedroom is adjacent to your 4 pc bathroom . 2 storage areas are included one inside the unit with extra shelvings and the other on the balcony to easily store away seasonal items. In-suite laundry and a titled underground parking stall that is large enough to park your car as well as your bicycle, which adds to your comfort and convenience. Condo fees even include all utilities except cable and internet making budgeting a breeze! Located on a quiet street just down from the LRT Station, the YMCA/Cardel Rec Centre and the infinite amount of amenities, shops, services and restaurants in Shawnessy – all within walking distance! This fantastic community is also an outdoor enthusiast’s dream with extensive pathways, numerous parks and outdoor activities as well as close proximity to Fish Creek Park, Sikome Lake, Spruce Meadows and the Sirocco Golf Course! Very easy access to Stoney Trail . A MUST SEE ! More detailsListed by MaxWell Canyon Creek
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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405 10 Walgrove SE in Calgary: Walden Apartment for sale : MLS®# A2342915
405 10 Walgrove SE Calgary T2X 4E3
$329,900Residential- Status:
- Active
- MLS® Num:
- A2342915
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 843 sq. ft.
Step into this STUNNING 2 BEDROOM 2 BATH TOP UNIT APARTMENT, where every detail exudes luxury and comfort. The open floor plan sets a welcoming tone, offering a perfect blend of ELEGANCE & CONVENIENCE. The COZY & SPACIOUS GOURMET KITCHEN featuring upgraded stainless steel appliances, including a BUILT-IN OVEN & MICROWAVE, ELECTRIC COOKTOP and a huge PANTRY. The LARGE QUARTZ ISLAND provides ample space for meal preparation and hosting get-togethers. Natural light floods the space, accentuating the wrap-around balcony that showcases stunning views, ideal for watching the sunsets. This unit includes a titled parking stall and assigned storage. Conveniently located near shopping, dining, and parks, this apartment offers a lifestyle of comfort and convenience. Don't miss this opportunity to make this apartment your new home. More detailsListed by MaxWell Canyon Creek
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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60 Hogarth Crescent SW in Calgary: Haysboro Detached for sale : MLS®# A2342986
60 Hogarth Crescent SW Calgary T2V 3A7
$490,000Residential- Status:
- Active
- MLS® Num:
- A2342986
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,042 sq. ft.
Welcome to this home located in the stable and convenient community of Haysboro. This property features 4 bedrooms and 2 full bathrooms, with three bedrooms located upstairs and one bedroom in the fully developed basement. The basement also includes a full bathroom, providing additional living space and flexibility for a growing family or potential rental opportunity. The property is fully fenced and includes a detached double garage. Enjoy an excellent location close to schools, the C-Train, shopping, and other amenities. Superstore is just one block away, along with convenience stores and many other everyday necessities. The price reflects the current condition of the home, making this an excellent opportunity for investors, renovators, or buyers looking to add value and make the property their own. RPR with City Compliance. Don’t miss this opportunity in the desirable community of Haysboro! More detailsListed by CIR Realty
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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8 3800 Fonda Way SE in Calgary: Forest Heights Row/Townhouse for sale : MLS®# A2343011
8 3800 Fonda Way SE Calgary T2A 6G8
$221,000Residential- Status:
- Active
- MLS® Num:
- A2343011
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,229 sq. ft.
Cozy 3 bedroom townhouse in Forest Heights. Open Floor plan, spacious living room with private balcony looking out to a green space for relaxing. Kitchen has lots of cupboard space perfect for meal prep. There is a good-sized bedroom on the same floor, and upstairs there are 2 more bedrooms with huge primary bedroom and a walk-in closet. In-suite laundry and a generous storage room provide practical functionality for busy lifestyles. This unit comes with 1 parking stall and lots of street parking around. It is professionally managed, pet friendly with Board approval. Ideally located just minutes from parks, schools, Marlborough Mall, restaurants, and major transit routes including the LRT, this home is close to everything you need. Book your showing today. More detailsListed by CIR Realty
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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27 10910 Bonaventure Drive SE in Calgary: Willow Park Row/Townhouse for sale : MLS®# A2343013
27 10910 Bonaventure Drive SE Calgary T2J 4Y9
$424,900Residential- Status:
- Active
- MLS® Num:
- A2343013
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,201 sq. ft.
MOVE IN READY, QUICK POSSESSION POSSIBLE!!! Three bedroom, three bath, fully finished & renovated, 1200 sqft townhouse in Willow Park. Amazing location directly across from Southcentre Mall backing on the Willow Park Golf Coursae, private corner unit, outdoor hot tub & pool!! Easy to show, flexible possession. 100 walk score, close to all amenities, LRT and major bus routes. 2 parking stalls, well run condo board. Attention to detail, 10/10. Call today for your private showing. #27 10910 Bonaventure Dr SE. No dogs permitted, cats ok with board approval. Value priced at $424,900. More detailsListed by RE/MAX Landan Real Estate
- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated September 5, 2026 at 10:05 PM (UTC)
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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:
- East Village Condos for Sale
- Kensington Condos for Sale
- Eau Claire Condos for Sale
- Downtown Condos for Sale
- Downtown West End Condos for Sale
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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