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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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41 Skyview Ranch Manor NE in Calgary: Skyview Ranch Semi Detached (Half Duplex) for sale : MLS®# A2325946
41 Skyview Ranch Manor NE Calgary T3N 0K7 
$574,900Residential- Status:
- Active
- MLS® Num:
- A2325946
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,405 sq. ft.
Fully upgraded semi-detached on a large corner lot in Skyview Ranch - with a backyard and garage that will stop you in your tracks. This isn't your typical attached home. Built in 2012 and extensively upgraded inside and out, this 3-bedroom, 3.5-bath home offers a fully finished basement, central air conditioning, and a MASSIVE 21'5" x 25'2" detached garage - oversized in both directions and a rare find at this price point. The main floor features rich hardwood and custom built-in shelving and lit display niches that elevate the space well beyond builder-grade. The smart broken-plan layout keeps the bright living room and formal dining area open and connected, while the kitchen sits cleverly tucked at the rear - granite countertops, stainless steel appliances, tile backsplash, ceiling-height cabinetry, pantry, and direct backyard access through the adjacent mudroom. Meal prep stays out of sight while you entertain. A 2-piece bath completes the level. Upstairs, the sunny primary retreat easily fits a king bed and offers a walk-in closet and private 3-piece ensuite, joined by two additional bedrooms, a 4-piece main bath, and convenient upper-floor laundry. The professionally finished basement adds a large family room, versatile flex space, a full 4-piece bath, and dedicated storage. Outside is where this home truly separates itself. The exterior was fully redone in 2020 with a new roof, grey vinyl siding, proud window framing, and Hardie shingle accents. The professionally landscaped, zero-maintenance backyard features an expansive paving stone patio, stone-edged beds with mature spruce, and the showpiece: an INCLUDED hot tub housed in a custom-built, fully screened cedar cabana with metal roof and built-in exterior bar with seating. Soak year-round sheltered from the elements, then serve drinks through the bar ledge in summer. A covered BBQ area and storage shed complete the space. Brand new hot water tank (2026). Steps to parks, schools, shopping, and quick access to Stoney Trail and the airport. Homes with this combination don't come up often - book your private showing today before someone else steals this first! More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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4307 15 Sage Meadows Landing NW in Calgary: Sage Hill Apartment for sale : MLS®# A2325995
4307 15 Sage Meadows Landing NW Calgary T3P 1E5
$285,000Residential- Status:
- Active
- MLS® Num:
- A2325995
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 663 sq. ft.
Welcome to Sage Hill Park II by Brad Remington Homes. This bright and move-in-ready 2-bedroom, 2-bathroom condo offers a smart open-concept layout with 9-ft ceilings, oversized windows, and modern finishes throughout. The functional kitchen features quartz countertops, soft-close cabinetry, stainless steel appliances, pantry storage, and a large island with seating, opening seamlessly to the living and dining area. The private balcony is perfect for relaxing or enjoying fresh air, while the well-planned layout offers privacy and flexibility. The primary bedroom includes a walk-through closet and private ensuite, and the second interior bedroom/flex room is ideal for guests, a home office, or additional living space. In-suite laundry, durable vinyl plank flooring, a titled heated underground parking stall, and a dedicated storage unit add everyday convenience. Sage Hill Park II backs onto ponds, green space, and scenic walking/biking paths, while remaining close to Sage Hill Crossing, Beacon Hill Centre, Costco, restaurants, shops, and major roadways. With quick access to Stoney Trail, this is a great opportunity for first-time buyers, professionals, downsizers, or investors seeking low-maintenance living in NW Calgary. Book your private showing today! More detailsListed by REAB Realty and Management Ltd.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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123 Silverado Plains Circle SW in Calgary: Silverado Detached for sale : MLS®# A2310085
123 Silverado Plains Circle SW Calgary T2X 0G5 OPEN HOUSE: Jul 05, 202601:00 PM - 03:00 PM MDTOpen House on Sunday, July 5, 2026 1:00PM - 3:00PM
$515,000Residential- Status:
- Active
- MLS® Num:
- A2310085
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,364 sq. ft.
Welcome to this beautifully maintained 2-storey home in the sought-after community of Silverado. Proudly offered by its original owner, this 3-bedroom home combines comfort, functionality, and an unbeatable family-friendly location. Enjoy your morning coffee on the inviting front porch before stepping inside to a bright, well-designed floor plan that's perfect for everyday living. Upstairs, you'll find three generously sized bedrooms, including a spacious primary retreat complete with its own private ensuite. Two additional bedrooms and a full four-piece bathroom provide comfortable accommodations for children, guests, or a home office, making this home as versatile as it is functional. The unfinished basement is a blank canvas, ready for your future plans - whether that’s a rec room, home gym, or additional living space as your needs evolve. Out back, you’ll find a rear parking pad with room for a future double detached garage, giving you flexibility to expand as your needs grow. Silverado is one of Calgary's most desirable southwest communities, loved for its abundance of parks, playgrounds, scenic walking pathways, nearby schools, and family-friendly atmosphere. You'll enjoy quick access to shopping, restaurants, transit, Spruce Meadows, and major routes including Stoney Trail and Macleod Trail, making commuting throughout the city effortless. If you're looking for a well-cared-for home in one of Calgary's most desirable southwest communities, 123 Silverado Plains Circle SW is one you won't want to miss. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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78 6915 Ranchview Drive NW in Calgary: Ranchlands Row/Townhouse for sale : MLS®# A2325209
78 6915 Ranchview Drive NW Calgary T3G 1R8
$325,000Residential- Status:
- Active
- MLS® Num:
- A2325209
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,207 sq. ft.
END-UNIT 3-BED TOWNHOUSE STEPS TO SCHOOL, PARKS & GREEN SPACE IN MATURE NW COMMUNITY OF RANCHLANDS! Lovingly cared for home... Looking for new family to call this house... HOME! This exceptionally maintained home offers 3 bedrooms, 1.5 bathrooms, a partially developed basement with an office/workspace or extra bedroom, assigned parking right by the home, and a private patio backing onto maintained green space within the complex. Set in the established & beloved Northwest community of Ranchlands, the location is ideal for first-time buyers, young families, investors, or anyone looking for a convenient, amenity-rich neighbourhood. Inside, the home opens into a bright dining area with custom built-in cabinetry that provides excellent storage and pantry space. The galley-style kitchen connects the dining room to the living area and features white cabinetry, & a mosaic glass backsplash. At the back of the home, the living room offers a comfortable place to unwind, complete with a large window and a built-in media console with cabinetry around the wall-mounted TV area. A convenient main-floor half bath is tucked away for guests. Upstairs, you’ll find 3 good-sized bedrooms and a full 4-piece bathroom, making the layout practical for families, roommates, guests, or work-from-home needs. The basement is partially developed with a finished flex room that works well as a home office, workspace, hobby room, or even an additional bedroom. The unfinished portion provides excellent storage, with a recently replaced furnace in 2023 & includes the laundry area. Outside, enjoy a secluded concrete patio tucked behind mature bushes with a beautiful tree overhead, creating a cozy and private sitting area for morning coffee or summer evenings. As an end-unit, the home benefits from added privacy and backs onto a nicely maintained green space within the complex. Assigned parking stall #202 is included with the condo fees and is located on the side of the home, with 3 visitor stalls conveniently positioned just across the street. The location is a major highlight. You’re right down the street from Ranchlands CBE public school and Ranchlands Community Park, offering tennis courts, several playgrounds, basketball courts, a baseball diamond, outdoor rink, soccer fields, and the Ranchlands Community Association Event Centre. Ranchlands Off-Leash Dog Park and Wildflower Park are just a block or two away, with nearby access to Silver Springs Park, Silver Springs Golf & Country Club, and Bow River pathways. In terms of amenities, 2 major shopping plazas are both about a 5 min drive away - Crowfoot Crossing & Dalhousie Station Plaza offering shopping, restaurants, services, groceries, and easy LRT access to the rest of the city. Several major roadways are also nearby including Crowchild Trail, Sarcee Trail & John Laurie Blvd. Jumping in the car: Downtown is a 22 min drive (16.5KM), Airport is a 21 min drive (16.4KM), & Banff is a 1 hr 26 min drive (125KM). More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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532 Mckenzie Towne Close SE in Calgary: McKenzie Towne Row/Townhouse for sale : MLS®# A2325387
532 Mckenzie Towne Close SE Calgary T2Z 1A8
$350,000Residential- Status:
- Active
- MLS® Num:
- A2325387
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,305 sq. ft.
Welcome to this beautifully maintained **corner-unit townhome** in the sought-after community of **McKenzie Towne**, where comfort, convenience, and style come together. Perfectly situated just steps from parks, schools, shopping, restaurants, public transit, and all the amenities the community has to offer, this home is ideal for first-time buyers, young professionals, or those looking to downsize without compromise. Step inside to discover a bright, open-concept main floor featuring durable laminate plank flooring and an abundance of large windows that fill the home with natural light. The inviting living and dining areas create the perfect setting for everyday living and entertaining. The well-appointed kitchen boasts elegant granite countertops, sleek stainless steel appliances, a stylish ceramic tile backsplash, and plenty of cabinetry and counter space for all your cooking needs. A convenient 2-piece powder room completes the main level. Upstairs, you'll find two spacious bedrooms, each offering excellent privacy. The oversized primary suite features generous closet space and a beautiful 4-piece ensuite, while the second bedroom enjoys easy access to another full 4-piece bathroom—ideal for guests, family members, or a roommate. The upper-level laundry adds everyday convenience. One of the home's unique features is the easily accessible attic, providing an exceptional amount of additional storage rarely found in townhomes. Stay comfortable year-round with **central air conditioning**, keeping the home cool during Calgary's warm summer months. Outside, you'll love the oversized, fully fenced private backyard—larger than most in the complex thanks to its desirable corner location. Complete with a natural gas BBQ hookup, it's the perfect space to relax, entertain, or enjoy summer evenings with family and friends. This move-in-ready home offers exceptional value in one of Calgary's most popular communities. Don't miss your opportunity More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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46 Dovercliffe Way SE in Calgary: Dover Detached for sale : MLS®# A2325750
46 Dovercliffe Way SE Calgary T2B 2C6
$590,000Residential- Status:
- Active
- MLS® Num:
- A2325750
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 967 sq. ft.
Welcome to this beautiful home in Dover. This bright 4-level split offers many windows with a lot of natural light. Perfect for a larger family with 4 bedrooms, 2 full baths and 1741 SQFT of living space. As you enter, you'll appreciate the open concept living room, dining area and kitchen. Heading upstairs, you will find a spacious primary bedroom with room for king sized furniture, along with a large bathroom setup that also accommodates an upstairs laundry. A second large bedroom is also located on this level as well. The third level boasts a large open floor plan, including a kitchen, living room , a bedroom that fits a queen bed, and a private entrance. The lower level includes another laundry, a very large bedroom with a sitting area. These two lower floors would make a great space for in-laws/mother-in-laws. Outside, enjoy a private, fully fenced back yard and a double garage. Close to many amenities and public transit, this beautiful home is ready for you to move in! More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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117 8710 Horton Road SW in Calgary: Haysboro Apartment for sale : MLS®# A2325997
117 8710 Horton Road SW Calgary T2V 0P7
$350,000Residential- Status:
- Active
- MLS® Num:
- A2325997
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 971 sq. ft.
Step into elevated condo living with this beautifully refreshed main-floor residence at London at Heritage Station—offering a rare, house-like feel with the convenience of direct exterior access, so you can come and go without ever stepping through the main building. Perfectly positioned with a pedestrian walkway to Heritage Station LRT, this location delivers unmatched connectivity alongside nearby shopping, dining, and everyday amenities. With Sav-On Foods right on site and accessible through the parkade, everything you need is truly at your fingertips. Inside, the unit has been thoughtfully updated and meticulously maintained. Enjoy a fresh, modern look with newly painted walls and cabinetry, complemented by new appliances—including a french door fridge and sleek induction cooktop range that brings both style and performance to the kitchen. The open-concept layout is enhanced by soaring 10-foot ceilings, granite countertops, pendant lighting, and an oversized kitchen complete with an eat-up bar and an abundance of cabinetry. The spacious living area flows seamlessly to a large private patio—ideal for entertaining, relaxing, or accommodating your pets in this pet-friendly building. Both bedrooms are generously sized, with the primary retreat featuring a 4-piece ensuite complete with a soaker tub and granite finishes. A second full 4-piece bathroom and in-suite laundry add to the overall functionality of the space. This well-managed building offers 24-hour concierge service for added peace of mind, along with a heated underground parking stall and the option for additional parking through the condo. Whether you're a first-time buyer, downsizer, or investor, this turnkey unit delivers comfort, style, and unbeatable convenience in one of the city’s most connected locations. More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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303 2211 19 Street NE in Calgary: Vista Heights Row/Townhouse for sale : MLS®# A2326003
303 2211 19 Street NE Calgary T2E 4Y5
$274,900Residential- Status:
- Active
- MLS® Num:
- A2326003
- Bedrooms:
- 3
- Bathrooms:
- 1
- Floor Area:
- 1,091 sq. ft.
Looking for an affordable way to break into Calgary's real estate market? This beautifully renovated 3-bedroom townhouse offers exceptional value for first-time home buyers, young families, and investors alike. Move-in ready and loaded with updates, this home lets you enjoy homeownership without the cost of major renovations. Inside, you'll find a bright and functional open-concept layout featuring updated flooring throughout and a fully renovated kitchen complete with newer appliances, including a refrigerator and range. The kitchen flows seamlessly into a flexible dining or office area, creating a versatile space that adapts to your lifestyle. The spacious living room overlooks the beautifully maintained green space, providing a peaceful setting for relaxing or entertaining. Upstairs offers a generous primary bedroom with access to a large east-facing balcony—the perfect place to enjoy your morning coffee. Two additional well-sized bedrooms and a stylishly updated full bathroom complete the upper level, making this an ideal layout for growing families or roommates. The unfinished basement provides excellent storage, a dedicated laundry area, and outstanding potential to develop additional living space in the future. A standout feature is the professionally soundproofed room, perfect for a home office, gaming room, music studio, or creative workspace. Additional upgrades include a newer high-efficiency furnace installed in 2020, giving buyers added peace of mind and helping reduce future maintenance costs. Outside, enjoy a private concrete patio off the rear entrance, surrounded by mature landscaping and expansive green space throughout the complex. An oversized assigned parking stall and additional street parking make day-to-day living even more convenient. Located close to schools, parks, shopping, public transit, and major commuter routes including 16 Avenue, Deerfoot Trail, and downtown Calgary, this home combines affordability, updates, and an unbeatable location. Don't miss this fantastic opportunity to own a renovated home at an accessible price point. Some photos have been digitally staged. More detailsListed by Royal LePage Benchmark- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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39 Bridlewood Avenue SW in Calgary: Bridlewood Semi Detached (Half Duplex) for sale : MLS®# A2323974
39 Bridlewood Avenue SW Calgary T2Y 3T3 OPEN HOUSE: Jul 04, 202611:00 AM - 01:00 PM MDTOpen House on Saturday, July 4, 2026 11:00AM - 1:00PM
$499,900Residential- Status:
- Active
- MLS® Num:
- A2323974
- Bedrooms:
- 3
- Bathrooms:
- 4
- Floor Area:
- 1,235 sq. ft.
LOCATION! LOCATION! LOCATION! Nestled in the heart of Bridlewood, this bright and beautifully maintained home is the perfect opportunity for first-time buyers, growing families, or savvy investors. Step inside to rich dark hardwood floors and a spacious living room, creating the perfect setting for cozy evenings with family and friends. The refreshed kitchen features generous counter and cupboard space, complemented by an open dining area ideal for family meals and everyday living. Upstairs, you'll find two spacious dual primary bedrooms, each complete with its own private four-piece ensuite—offering exceptional comfort and privacy. Natural light floods every inch of the home, enhancing its bright, airy, and welcoming atmosphere. The fully developed basement expands your living space with a large recreation room, a third bedroom, and an additional four-piece bathroom—perfect for guests, a home office, or a growing family. Step outside to enjoy the low-maintenance backyard, thoughtfully finished with stone and artificial turf, providing the perfect space to relax or entertain without the upkeep. This move-in-ready home combines comfort, functionality, and an unbeatable location close to parks, schools, shopping, and all the amenities Bridlewood has to offer. Upgrades include: NEWER WINDOWS, NEW EXTERIOR DOORS, NEWER SHINGLES, UPDATED GARAGE ELECTRICAL, HOT WATER TANK and A/C UNIT. More detailsListed by Real Estate Professionals Inc.- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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113 Mt Lorette Place SE in Calgary: McKenzie Lake Detached for sale : MLS®# A2324641
113 Mt Lorette Place SE Calgary T2Z 2M1
$565,000Residential- Status:
- Active
- MLS® Num:
- A2324641
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 1,052 sq. ft.
LAKE ACCESS | NO POLY-B | ILLEGAL SUITE | NEWLY BUILT DOUBLE GARAGE | EXTENSIVE STAMPED CONCRETE | QUIET CUL-DE-SAC Tucked away on a quiet cul-de-sac in the sought-after lake community of McKenzie Lake, this well-kept bi-level offers a rare combination of family comfort, important updates, and flexible living space. With private lake access, no Poly-B plumbing, a newly built double-detached garage, extensive stamped concrete, and an illegal suite with a City building permit in place, the home features modern updates that enhance durability and convenience, giving buyers peace of mind about their investment. From the street, the home makes a warm first impression with charming curb appeal, thoughtful landscaping, and a welcoming front entry. Inside, the main level features an open-concept layout where the kitchen, dining area, and living room connect naturally for everyday living. Three bedrooms and a full bathroom complete the main level, while a convenient side entrance provides direct access to the backyard. The fully developed lower level offers excellent flexibility, with a large living area, a second kitchen, a bedroom, a full bathroom, and its own laundry area. The main level also features its own laundry, making the layout practical for extended family, older children, guests, or other possibilities. Outside, the property is designed for low-maintenance living. Extensive stamped concrete on all four sides of the home creates clean, usable outdoor space for relaxing, entertaining, planters, patio furniture, or summer evenings with family and friends. With this low-maintenance outdoor space, you can spend more time enjoying the space and less time maintaining it. The newly built double detached garage adds even more function, complete with its own electrical sub-panel and EV charging capability. Families will appreciate the children’s park with swings and play equipment directly behind the home, as well as nearby schools, shopping, pathways, and everyday amenities. In this part of McKenzie Lake, you’ll also enjoy lake access with year-round recreation including the beach, swimming, fishing, boating, skating, tennis, pickleball, playgrounds, and community events, making it ideal for active families and investors seeking a vibrant community. Move-in ready with meaningful updates already completed, this home offers comfort today, flexibility for the future, and access to one of Calgary’s most loved lake communities. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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802 Cornerstone Boulevard NE in Calgary: Cornerstone Row/Townhouse for sale : MLS®# A2325039
802 Cornerstone Boulevard NE Calgary T3N 1J4
$509,900Residential- Status:
- Active
- MLS® Num:
- A2325039
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,546 sq. ft.
**NO CONDO FEES**, four bedrooms, and a fully finished basement: a rare combination in today's market, and only the start at 802 Cornerstone Blvd NE. This 2018 Shane Homes townhome is freehold with no monthly condo fee, finished top to bottom, and comes with its own double detached garage and a fenced, low-maintenance yard. The main floor is open and full of light: a modern kitchen with espresso cabinetry, granite counters, stainless appliances, a gas range, and a breakfast-bar peninsula that opens into the dining and living area, all over easy-care vinyl plank. Upstairs holds three bedrooms, including a primary with a walk-in closet and private ensuite, a second full bath, and upper-floor laundry. Downstairs, the finished basement adds a fourth bedroom, a full bath, and a comfortable rec room that works just as well as a home office or media space. Out back you get artificial turf, a concrete patio, and full fencing, so weekends stay free of yard work, and the detached garage keeps parking covered all year. You are minutes from schools, parks, shopping, and quick access to Stoney and Deerfoot Trail. Freehold, four bedrooms, fully finished, and no condo fees. 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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408 195 Kincora Glen Road NW in Calgary: Kincora Apartment for sale : MLS®# A2325270
408 195 Kincora Glen Road NW Calgary T3R 0S3
$265,000Residential- Status:
- Active
- MLS® Num:
- A2325270
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 671 sq. ft.
Welcome to this beautifully renovated top floor 2-bedroom apartment in Kincora, offering a bright, move-in-ready space in one of NW Calgary’s most convenient and desirable areas. This 671 sq. ft. condo features a fresh, modern feel throughout with updated flooring, carpet, kitchen, bathroom, lighting, and paint. Perfect for first-time buyers, couples, or young families looking for comfort and value. The open-concept layout offers a spacious living room, bright primary bedroom, secondary bedroom, in-suite laundry, 4-piece bathroom, upgraded appliances, and a functional kitchen with granite countertops, while the private balcony provides an open east-facing view and a great place to enjoy your morning coffee or unwind at the end of the day. Outside, the landscaping and a lot of green spaces around the building make it a great feel. Steps from walking and biking trails. Perfect for families, this apartment falls within highly desired school boundaries. Notably, a new Kincora/Sage Hill Elementary School and a Sage Hill/Kincora Middle School have been approved for future construction to keep students right inside the neighborhood. Prime location close to Symons Valley, Creekside Shopping Centre, Sage Hill Crossing, Beacon Hill, restaurants, shops, entertainment, and Stoney Trail, this condo delivers the perfect blend of lifestyle, convenience, and value at an incredible price point. More detailsListed by eXp Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated July 3, 2026 at 08:05 AM (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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