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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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19 200 Sandstone Drive NW in Calgary: Sandstone Valley Row/Townhouse for sale : MLS®# A2277802
19 200 Sandstone Drive NW Calgary T3K 4N7 OPEN HOUSE: Jan 11, 202602:00 PM - 04:00 AM MSTOpen House on Sunday, January 11, 2026 2:00PM - 4:00AM
$475,000Residential- Status:
- Active
- MLS® Num:
- A2277802
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,461 sq. ft.
OPEN HOUSE SUNDAY JANUARY 11, 2:00-4:00 P.M. Welcome to this beautifully maintained two-bedroom condo townhome nestled on a quiet green space with a coveted double attached, insulated garage. As you approach from the front, you'll appreciate the clean curb appeal and the convenience of direct garage access into your home. Step through the front entry and into a bright, open-concept main level where upgraded carpet and underlay flow throughout, adding comfort and quality. The spacious living room is truly impressive with soaring 20-foot vaulted ceilings, a cozy gas fireplace, and large windows that flood the space with natural light. The kitchen has been thoughtfully updated with new cabinet doors and drawers, a convenient pantry for extra storage, and plenty of counter space, while the adjacent dining area overlooks the private green space beyond. The main-floor laundry and two-piece bathroom provide excellent convenience. Step outside through the patio doors onto your extended and permitted 12' x 9' back deck, complete with a gas line for your BBQ—an ideal spot for entertaining or unwinding while enjoying the serene, treed backdrop. Upstairs, the home opens to a bright loft area with white spindle railings and warm wood accents—a perfect reading nook or secondary workspace. Both generously sized bedrooms are located on this level, each with its own full en suite bathroom. The primary bedroom features beautiful vaulted ceilings and a luxurious five-piece en suite with double vanity, separate shower, and soaking tub. The second bedroom offers a well-appointed four-piece en suite. Hunter Douglas blinds dress most windows throughout the home, and nearly all windows have been replaced for improved efficiency (except the rear upstairs). Central air conditioning keeps you comfortable year-round. Below, the unfinished basement offers a blank canvas ready for your vision—rec room, bedroom, bathroom, and plenty of room for storage. The well-maintained features new asphalt shingles, and the double attached, insulated garage includes a hose bib for added utility. As an extra, a water softener adds to the home's functionality. This turnkey, move-in ready home with its prime green-space location and thoughtful updates truly needs to be seen to be fully appreciated. Be sure to check out the virtual tour! More detailsListed by RE/MAX First- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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37 3029 Rundleson Road NE in Calgary: Rundle Row/Townhouse for sale : MLS®# A2278351
37 3029 Rundleson Road NE Calgary T1Y 3Z5
$349,000Residential- Status:
- Active
- MLS® Num:
- A2278351
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 1,096 sq. ft.
*** #37-3029 Rundleson RD NE *** Upgraded two storey townhouse in perfect location , walk to shopping , hospital , school , playground , and even LRT station . Easy access to Deerfoot TR , 16AV and Stoney TR . Standard three bedrooms , one and half bathroom . unspoiled basement for your personal future design . Tons of upgrades including full kitchen cabinets , quartz counter top and all appliances ( 2023 ) , quartz counter top in all bathrooms , upgraded bath tub and all toilets ( 2023 ) , upgraded power outlets , switches and lights , upgraded vinyl windows , newer venetian blinds ( 2023 ) , newer paint inside and doors and trims . Best property for the investor or first time buyers , Move in ready conditions , Call your agent today ! More detailsListed by First Place Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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119 35 Richard Court SW in Calgary: Lincoln Park Apartment for sale : MLS®# A2278196
119 35 Richard Court SW Calgary T3E 7N9
$245,000Residential- Status:
- Active
- MLS® Num:
- A2278196
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 546 sq. ft.
Bright 1-Bedroom Condo in Lincoln Park – Move-In Ready & Pet Friendly Don’t miss this bright and beautifully maintained 1-bedroom, 1-bathroom condo in the highly desirable community of Lincoln Park. Featuring a modern open-concept layout with stylish laminate and tile flooring, this move-in-ready home offers comfort, functionality, and exceptional value. The well-appointed kitchen includes a convenient breakfast bar and flows seamlessly into the dining area and inviting living room, complete with a cozy gas fireplace—perfect for everyday living or entertaining. The spacious primary bedroom offers generous closet space and direct access to a cheater ensuite with a large soaker tub. South-facing windows flood the unit with natural light, while the private patio provides direct access to a professionally landscaped courtyard. And it's Pet-friendly! Enjoy peace of mind with recent upgrades, including all-new Samsung Appliances installed in June 2024—Electric Range, Microwave Hood Fan, Refrigerator, Washer, and Dryer—plus a Bosch Dishwasher and New Window Coverings (2025). Located in the well-managed Morgan at the Park, residents benefit from outstanding amenities including a fitness center, party room, rentable guest suites, titled underground parking, assigned storage locker, and ample visitor parking. Ideally situated just minutes from Mount Royal University, shopping, restaurants, and major commuter routes. An excellent opportunity for first-time buyers, investors, or downsizers—schedule your showing today! More detailsListed by Grand Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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1803 1188 3 Street SE in Calgary: Beltline Apartment for sale : MLS®# A2278333
1803 1188 3 Street SE Calgary T2G 1H8
$299,000Residential- Status:
- Active
- MLS® Num:
- A2278333
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 409 sq. ft.
Welcome to elevated downtown living at The Guardian. Situated on the 18th floor, this thoughtfully designed 1-bedroom residence offers a smart, efficient layout that lives larger than its footprint—perfect for urban professionals, investors, or anyone craving a lock-and-leave lifestyle. The unit is fully furnished, making it an effortless move-in or turnkey investment. Clean lines, modern cabinetry, quartz countertops, and expansive floor-to-ceiling windows create a contemporary space filled with natural light and striking city views. Residents of The Guardian enjoy first-class amenities including a state-of-the-art fitness centre, residents’ lounge, concierge service, and secure building access. An assigned parking stall and storage locker—rare finds in the core—complete the package. Steps from Stampede Park, East Village, dining, shopping, and transit, this is downtown Calgary living at its best—stylish, convenient, and connected. More detailsListed by CIR Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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406 8505 BROADCAST Avenue SW in Calgary: West Springs Apartment for sale : MLS®# A2276940
406 8505 BROADCAST Avenue SW Calgary T3H 6B5
$550,000Residential- Status:
- Active
- MLS® Num:
- A2276940
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,020 sq. ft.
Welcome to Gateway West II – the epitome of urban elegance in West Calgary. This refined residence boasts an enviable location, featuring unobstructed mountain views and a spacious balcony. Nestled in one of Calgary's most sought-after neighborhoods, you’ll find yourself mere steps from acclaimed dining establishments such as Fergus and Bix, Mercato, Blanco, and UNA. Families will appreciate the proximity to prestigious schools, including Saint Joan of Arc, Waldor, Calgary French and International School, and Rundle, while everyday conveniences like Co-op and other grocery stores are within easy walking distance. Spanning over 1,000 sq ft, the thoughtfully designed open-concept layout includes 2 generous bedrooms and 2 luxurious bathrooms, one of which is a spa-like ensuite. The chef-inspired kitchen caters perfectly to culinary aficionados, complemented by a versatile flex den/dining room space for seamless entertaining. Crafted with high-end finishes and premium appliances, this residence is well-suited for young professionals, growing families, and discerning investors alike. Enjoy effortless access to downtown, the Rocky Mountains, and Stoney Trail, ensuring a harmonious blend of convenience and stunning natural beauty. Additional features include central AC and titled underground parking. Take advantage of amenities such as the Lobby Concierge service, a party/event room, roof top patio, and secure underground visitor parking. Seize the opportunity to claim this extraordinary property and elevate your living experience in Calgary! More detailsListed by Real Broker- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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116 35 Inglewood Park SE in Calgary: Inglewood Apartment for sale : MLS®# A2277701
116 35 Inglewood Park SE Calgary T2G 1B5
$375,000Residential- Status:
- Active
- MLS® Num:
- A2277701
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 845 sq. ft.
Welcome to SoBow in the heart of Inglewood—one of Calgary’s most vibrant and beloved communities, once voted Best Neighbourhood in Canada. This beautifully updated 2 bedroom, 2 bathroom main floor unit offers an unbeatable lifestyle just steps from unique shops, acclaimed restaurants, art galleries, and the Bow River pathway system. Whether you’re biking, walking, or hopping on an e-scooter, downtown is effortlessly accessible, making everyday living as convenient as it is exciting. Inside, the open-concept floor plan is bright and welcoming, framed by large windows that flood the space with natural light. Engineered hardwood floors flow throughout the main living areas, while a cozy gas fireplace anchors the living room—perfect for relaxing evenings at home. The modern kitchen is both stylish and functional, featuring granite countertops, stainless steel appliances, garburator, updated cabinetry, and plenty of workspace for cooking and entertaining. The thoughtful layout includes two well-sized bedrooms and two beautifully finished bathrooms. The primary suite offers a spa-like ensuite with dual sinks, quartz countertops, and a built-in linen closet, while the second bathroom is equally polished with matching quartz finishes. In-suite laundry adds everyday convenience, and a titled storage unit provides extra space for seasonal or recreational items. Step outside to your large main floor patio—ideal for morning coffee, evening wine, or summer BBQs thanks to the gas hookup. Pet lovers will appreciate that this building is extremely pet-friendly, with nearby pathways, parks, and even dog-welcoming local favorites like Cold Garden just around the corner. SoBow residents also enjoy outstanding building amenities, including an enormous fitness facility with steam shower and sauna, a large media room, bistro area, and a stylish lounge complete with foosball and pool tables—perfect for entertaining or unwinding without ever leaving home. With quick access to Deerfoot Trail, Blackfoot Trail, downtown, and Pearce Estate Park’s playgrounds, picnic areas, and river pathways, this location truly offers the best of urban living with a community feel. Don’t miss your opportunity to live in one of Calgary’s most sought-after neighborhoods—this is Inglewood living at its finest. More detailsListed by REMAX Innovations- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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4216 16969 24 Street SW in Calgary: Bridlewood Apartment for sale : MLS®# A2278362
4216 16969 24 Street SW Calgary T2Y 0J7
$289,900Residential- Status:
- Active
- MLS® Num:
- A2278362
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 971 sq. ft.
Welcome home to this perfectly situated, bight and sunny, south facing, two bedroom, two bathroom, unit with a big, titled underground parking stall! You won't want to miss this one, the foyer (with huge in suite storage area) welcomes you home at the end of the day. Step through into this large, open, living space with treed south facing views. The kitchen, with breakfast bar, is the perfect spot for prepping dinner with friends, or hanging out with loved ones on a lazy Sunday morning. All the appliances have been updated, dishwasher (2023) microwave hoodfan (2022), washer and dryer (2021), and the oven and fridge (2019). The primary bedroom has a walkthrough closet and 4pc ensuite. There's a second full bathroom and bedroom, as well. The huge, covered balcony is perfect for BBQ season, or for a lounge in the sun, whenever summer returns again. Park in your big, titled, underground parking spot and walk to all this area has to offer. You're steps from the shops, restaurants, and coffee bars, a few more steps from green spaces and the neighbourhood parks, and there's always transit running close by to get you around, as well! Call your favourite realtor to schedule your showing today! More detailsListed by REMAX Innovations- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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202 Evansridge Park NW in Calgary: Evanston Row/Townhouse for sale : MLS®# A2276993
202 Evansridge Park NW Calgary T3P 0N7
$480,000Residential- Status:
- Active
- MLS® Num:
- A2276993
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,574 sq. ft.
Welcome to this Beautifully Upgraded End Unit Townhouse in the Heart of Evanston! This stunning 3-bedroom + den, 2.5-bathroom townhouse offers 1,574 sq.ft. of thoughtfully designed living space with an attached double garage.. Featuring numerous builder upgrades, this end unit is filled with natural light and modern finishes throughout. The ground level welcomes you with a spacious foyer, a versatile den perfect for a home office or flex space, and direct access to the double garage. Upstairs, you'll find an open-concept main floor featuring a stylish kitchen with granite countertops, modern cabinetry, stainless steel appliances, and a central island—ideal for cooking and entertaining. The bright living and dining areas offer access to a private balcony, and a convenient 2-piece powder room completes the level. The top floor hosts three generously sized bedrooms, including a spacious primary suite with a walk-in closet and a private 3-piece ensuite. Two additional bedrooms and a full 4-piece bath provide ample space for family or guests. Additional features include upgraded finishes throughout, low-maintenance living, and a fantastic location close to schools, parks, shopping, transit, and easy access to Stoney Trail. Whether you're a first-time buyer, growing family, or investor, this home offers the perfect blend of style, space, and convenience. Don’t miss out—schedule your private showing with your favourite Realtor today! More detailsListed by Diamond Realty & Associates Ltd- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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3304 11811 Lake Fraser Drive SE in Calgary: Lake Bonavista Apartment for sale : MLS®# A2278083
3304 11811 Lake Fraser Drive SE Calgary T2J 7J1
$335,000Residential- Status:
- Active
- MLS® Num:
- A2278083
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 884 sq. ft.
Welcome to this bright and well maintained 2 bedroom, 2 bathroom + den condo, located on the third floor of the award-winning Gateway SouthCentre, proudly named 2025 Condominium of the Year by the Canadian Condominium Institute (CCI), Southern Alberta. This sun-filled, south-facing unit overlooks the peaceful courtyard and green space and is set within a solid concrete, soundproof building. The open-concept layout showcases true pride of ownership, featuring a gourmet kitchen with stainless steel appliances, ample cabinetry, and a functional design ideal for everyday living and entertaining. The den has been thoughtfully converted into a walk-in closet, offering exceptional storage, while a separate laundry closet adds everyday convenience. Step outside to your private balcony with a gas line, perfect for a BBQ or cozy fire table, extending your living space for year-round enjoyment. This single-level home includes one titled, heated underground parking stall with a storage cage conveniently located directly in front of the stall. Residents enjoy outstanding amenities including a fitness centre, party rooms, and guest suites. Ideally located with shopping, restaurants, Fish Creek Park, bus service right outside the complex, and LRT Station nearby, this home offers an exceptional blend of comfort, quality, and convenience. More detailsListed by MaxWell Capital Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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6707 3 Avenue SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2278116
6707 3 Avenue SE Calgary T2A 3H5
$534,900Residential- Status:
- Active
- MLS® Num:
- A2278116
- Bedrooms:
- 5
- Bathrooms:
- 2
- Floor Area:
- 951 sq. ft.
IMAGINE waking up each morning to a peaceful PARK VIEW in the heart of Penbrooke Meadows, SE Calgary. Tucked away on a QUIET street and CORNER LOT, this UPDATED FIVE-BEDROOM bungalow is more than just a house - it’s a lifestyle. Whether you’re searching for the PERFECT FAMILY HOME or a SMART REVENUE opportunity, this property checks all the boxes. Step inside to find a bright, open main floor designed for both comfort and connection. Sunlight streams through large NORTH and SOUTH-facing windows, filling the living room with warmth and energy. The renovated kitchen is a true showpiece with crisp white cabinetry, PREMIUM QUARTZ countertops, a striking tile backsplash, and stainless steel appliances. It’s the PERFECT SETTING for weeknight family dinners or weekend entertaining. THREE generously sized bedrooms, including a SPACIOUS primary retreat, provide room for everyone to unwind. The main bathroom has been BEAUTIFULLY redesigned with quartz counters, custom vanity, and designer finishes that bring a touch of luxury to your daily routine. Stylish LUXURY VINYL flooring ties the space together with a modern, low-maintenance finish. The fully developed lower level expands your options with an illegal suite that’s both inviting and functional. With a massive recreation room, two large bedrooms, a renovated kitchen, and its own renovated bathroom complete with a beautiful standing glass shower, it’s ideal for extended family, guests, or potential RENTAL INCOME. Separate laundry rough-ins add convenience and flexibility for multi-generational living or dual use. Outside, the backyard offers space to RELAX, garden, or plan for a future detached garage. A storage shed keeps everything organized, while the wide lot gives you plenty of room to grow. The location is the CHERRY ON TOP - corner lot close to the PARK, within walking distance to schools, shopping, and transit, and just minutes from major roadways for an easy commute anywhere in the city. This home brings together lifestyle, comfort, and opportunity all in one. Whether you’re planting roots or investing for the future, it’s a property you won’t want to miss. BOOK YOUR PRIVATE TOUR TODAY and see how life in Penbrooke Meadows could be yours!! More detailsListed by MaxWell Capital Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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51 Legacy Close SE in Calgary: Legacy Detached for sale : MLS®# A2278118
51 Legacy Close SE Calgary T2X 0Y9
$539,900Residential- Status:
- Active
- MLS® Num:
- A2278118
- Bedrooms:
- 3
- Bathrooms:
- 3
- Floor Area:
- 1,483 sq. ft.
FRESHLY PAINTED AND NEW CARPET UPSTAIRS! Here’s your opportunity to own a charming, move-in-ready home with incredible value in a growing community! Welcome to this beautiful 2 storey home with 1483 SQ FT of functional living space & located in the desirable community of Legacy! From the moment you arrive, you will appreciate the beautiful curb appeal, single attached garage with driveway, perfect for first time buyers, young families, or savvy investors. The open-concept main floor features durable laminate flooring, perfect for kids, pets, and everyday living. The kitchen is the heart of the home, offering stainless steel appliances, a large island with plenty of prep space, a pantry, and an open flow to the dining area that easily accommodates a full-sized table and the cozy living room offers lovely views of your sunny west facing backyard. The backyard is an extension of the kitchen & offers a BBQ deck, a large stone patio, perfect for summer BBQs, outdoor dining, or watching the kids and pups play in the fully landscaped and fenced/private yard. The top floor offers a spacious master bedroom with a large closet & a 3piece ensuite (stand-up shower) Completing the upper floor are two additional bedrooms, a 4piece bathroom & laundry set. The property also offers an unfinished basement, waiting for your special touches, attached single car garage with parking pad + RV/Trailer parking. This property is ideally located close to all major amenities including shopping, schools, transit, walking paths & major roadways. A fantastic opportunity to own a bright, functional, and well cared for home in a welcoming neighborhood! More detailsListed by First Place Realty- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
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9021 46 Street NE in Calgary: Saddle Ridge Row/Townhouse for sale : MLS®# A2275311
9021 46 Street NE Calgary T3J 0Y9
$560,000Residential- Status:
- Active
- MLS® Num:
- A2275311
- Bedrooms:
- 4
- Bathrooms:
- 4
- Floor Area:
- 1,317 sq. ft.
Welcome to 9021 46 St NE in the heart of Savanna. Fully finished with a detached 2 car garage with no condo fees does not get any better than this. This house is very well loved and has been extensively updated, enhancing it’s modern aesthetics and living comforts. 4 total bedrooms with 3.5 bathrooms, large windows, high ceilings, all vinyl and tile flooring, open layout makes this the ideal home for your growing family. One owner since built. Updates since buying from the builder include a fully finished and professionally built basement, Hot tub (2023 - costs $12K), A/C (2021), waterfall stone kitchen island, countertops & backsplash, 2-tone modern kitchen cabinetry, smart fridge with digital and internet connected display (costs $4500). The fully fenced private backyard with a hot tub, a large deck under a massive gazebo, and minimal landscaping yard is perfect for entertaining your family and friends. If you are looking in this area you will know the extensive amenities this beautiful community offers. There is a bus stop 1 block away to take you to the airport which is also just a few minutes drive away. Across the street is bus stop #54, dental clinic, pharmacy, restaurants, physio clinic, barber shop to name a few. Costco by Métis Trail to be built in 2026. Stoney Trail and Deerfoot are mins away. 10 mins drive to Crossiron Mills. 10 mins drive to Peter Lougheed bHospital. Only within 2 kilometers are several daycares, a couple of Montessori schools, Peter Lougheed school, Gobind Sarvar High School. 2.2 km to the nearest Saddletown CTrain station. It is not hard to see why many families love living here. “It is near everything!” Says the owners who have enjoyed the convenience of living here. They have truly updated and renovated this house to fully enjoy, not just to live in, making it not your standard build anymore. Don’t miss your chance to be the next proud owner of this move-in ready house. More detailsListed by TREC The Real Estate Company- CODY BATTERSHILL
- RE/MAX HOUSE OF REAL ESTATE
- 1 (403) 370-4008
- [email protected]
Data was last updated January 10, 2026 at 06:05 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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