Multi-Family Homes in Alberta
New Homes Alberta is your go-to source for locating and investing
in top-tier multi-family properties in Calgary and Edmonton
Gain access to the best duplexes, fourplexes, 8-plexes, and large apartment developments
in Calgary and Edmonton by submitting your details below!
What Are Multi-Family Homes?
Multi-family properties consist of two or more residential units within the same building, including duplexes, triplexes, fourplexes, and apartment complexes. These properties generate rental income, appreciate in value over time, and provide an efficient way to scale a real estate portfolio.
Why Invest in Multi-Family Real Estate?
Consistent Rental Income: Owning multiple units ensures multiple revenue streams.
Enhanced Financing Options: Programs like MLI Select offer favorable loan terms for multi-family acquisitions.
Portfolio Expansion: Managing one property with multiple units is more efficient than handling multiple single-family rentals.
Tax Savings: Investors benefit from depreciation write-offs and deductible expenses.
The Most Strategic Way to Build Wealth Through Real Estate
Imagine acquiring a high-income property with minimal upfront investment—putting down as little as 5% and spreading payments over 50 years. The MLI Select Program makes this achievable, though eligibility requirements apply. If you’re looking to maximize returns through multi-family real estate, we’ll help navigate the entire process.
Available Multi-Family Listings
Check below for multi-family properties on the open market. Contact us for access to exclusive properties before they hit the market.
5004 Stanley Road SW in Calgary: Elboya 4 plex for sale : MLS®# A2199286
5004 Stanley Road SW CalgaryT2S 2R5 
$1,100,000Multi-Family- Status:
- Active
- MLS® Num:
- A2199286
- Floor Area:
- 1,912 sq. ft.
Welcome to an excellent investment opportunity in the heart of Elboya. This 4-plex features four well-maintained, fully rented units, each offering 2 bedrooms, a bathroom, spacious living room, modern kitchen, and a dining area. This property not only promises immediate cash flow but also holds significant potential due to its strategic location near the vibrant McLeod Trail with a wealth of new developments in the vicinity. Each unit is thoughtfully designed with two comfortable bedrooms, ensuring that tenants have ample space to call home. Common area laundry, designated parking pad in the rear. Access to all amenities are steps away, close to a variety or shopping centers, chinook center, restaurants and public transportation.More detailsListed by Real Estate Professionals Inc.- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
11424 Elbow Drive SW in Calgary: Southwood 4 plex for sale : MLS®# A2200981
11424 Elbow Drive SW CalgaryT2W 2E6 $1,089,900Multi-Family- Status:
- Active
- MLS® Num:
- A2200981
- Floor Area:
- 2,160 sq. ft.
Introducing a remarkable investment opportunity to own legal 4plex in the highly desirable and well established Southwood neighborhood. Located on NW corner of Sacramento Drive and Elbow Drive SW, this property is just minutes from Anderson Drive and public transit stops on Elbow Drive, ensuring convenience for tenants. Walking distance to Anderson C-Train station, making this location ideal for commuters and enhancing its appeal to prospective renters. This 4 plex features leased 3 bedrooms suites , each offering spacious layouts that's attracts long term tenants. The property has five designated parking stalls at the rear. Top units have a large balconies, lower units features a large patio. Each unit is individually metered, meaning that tenants are responsible for their own utilities, which reduces operating costs and simplifies maintenance for the owner. Newer torch on roof, gutters, 2 newer furnaces. This property offers a rare combination of location , functionality, and profitability. Don't miss your chance to secure a stable income producing asset.More detailsListed by CIR Realty- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
2217, 2219 48 Street SE in Calgary: Forest Lawn 4 plex for sale : MLS®# A2201193
2217, 2219 48 Street SE CalgaryT2B 1M3 $1,040,000Multi-Family- Status:
- Active
- MLS® Num:
- A2201193
- Floor Area:
- 1,993 sq. ft.
Investors Alert! Legal 4 plex for sale. Great location right off of 17 ave SE, yet a quiet area. One side of the duplex 2217 is Brand new and Rebuilt. New Floors,Kitchen,Drywall,Bathrooms, Tiles, furnaces and more. 2219 duplex is currently being rented on a month to Month bases but have been there for years. Each sides offers a spacious living room, with a good size dinning room with patio doors headed out to the balcony. Big windows offers abundance of Natural light through the home .Kitchen are well sized for the each units . Both side offers two 4pcs bathroom, One for upper Unit and one for basement unit. Parking can be found in the back of the house, Nice big flat lot, Currently zone MC-1. Close to Transit, Schools, shopping,personal services and many restaurants, All minutes away. Make this property apart of Your Real estate profile today. Live in and rent the others or Rent all 4 Units. Have a peace of mind that your Cash flow is legit and no one can report you! Buy this Legal 4plex today!More detailsListed by Century 21 Bravo Realty- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
423 10 Avenue NE in Calgary: Renfrew 4 plex for sale : MLS®# A2204533
423 10 Avenue NE CalgaryT2E 0X5 $1,499,500Multi-Family- Status:
- Active
- MLS® Num:
- A2204533
- Floor Area:
- 2,221 sq. ft.
Fantastic LEGAL 4 plex! All units are completely self contained townhomes. Well maintained and in great conditions. Long term tenants. 8 year old roof, Shows very well. Great location close to downtown and many amenities. made up of 1 - 3 bedroom unit and 3 - 2 bedroom units. All are units are 1,047 sqft all with their own laundry facilities.More detailsListed by The Real Estate District- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
1520 34 Avenue SW in Calgary: South Calgary 4 plex for sale : MLS®# A2204641
1520 34 Avenue SW CalgaryT2T 2A9 $1,199,900Multi-Family- Status:
- Active
- MLS® Num:
- A2204641
- Floor Area:
- 1,979 sq. ft.
A fantastic opportunity to own an investment property in trendy Marda Loop with long-term tenants! This well-maintained gravel roofed building (~3830 square feet total) boasts 4 identical and spacious (~950 square feet) 2-bedroom units, each with its own private entrance, full bathroom, brick faced wood burning fireplace, convenient in-suite laundry, storage, dedicated furnace and hot water tank, as well as paved and assigned off-street parking at the rear. The lower units are both walkouts providing plenty of natural south light, while the upper units have expansive balconies all shielded from the street by mature trees. Location is everything. Residents here enjoy being steps away from trendy boutiques, independent shops, bars, unique cafés and incredible restaurants. Grocery shopping and errands couldn't be easier with Safeway, Calgary Co-op, and several farmer's markets nearby. The area is equally rich in top-rated schools, parks and recreational spaces and is a short commute to downtown. All units are currently rented and the property generates an impressive ~$75,000 of income per year. Tenants pay their own utilities with each unit having its own meters. This MC-1 zoned 75’ x 80’ lot has options both now and in the future.More detailsListed by Greater Property Group- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2206809
2316 16 Street SW CalgaryT2T 4E7 $1,198,000Multi-Family- Status:
- Active
- MLS® Num:
- A2206809
- Floor Area:
- 1,177 sq. ft.
Why settle for a house or duplex when you can own a high-income fourplex for the same price? This fully upgraded, centrally located Bankview property offers unbeatable rental appeal—just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that cuts heating costs by 60%. The four spacious 1-bedroom units (2,343 square feet total) each have in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $72,000 annually ($1,600 upper, $1,400 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!More detailsListed by Datong Property Management Ltd.- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
5624 & 5626 8 Avenue SE in Calgary: Penbrooke Meadows 4 plex for sale : MLS®# A2205933
5624 & 5626 8 Avenue SE CalgaryT2A 3P7 $899,900Multi-Family- Status:
- Active
- MLS® Num:
- A2205933
- Floor Area:
- 1,899 sq. ft.
4PLEX ON 8 AVE SE WITH EASY ACCESS TO TRANSIT (PERFECT INVESTMENT OPPORTUNITY) - OFFERING 3450+ SQFT LIVING SPACE WITH A TOTAL OF 8 BEDROOMS, 4 FULL BATHS AND TONS OF PARKING IN THE REAR - **BASEMENT ON EACH SIDE FEATURES A LEGAL SUITE** EACH UNIT IS SPACIOUS AND FUNCTIONAL; featuring 2 bedrooms, FULL bath, kitchen, living area and SEPARATE LAUNDRIES! Flooring updated for 3 units and new furnace on one side. Kitchens in 2 units were fully renovated as well Bathrooms were upgraded for 3 units two years back. New hot water tank on one side. The upper units also feature an additional dining space. ***ALL UNITS ARE CURRENTLY RENTED OUT - TENANTS PAY THEIR OWN UTILITIES (ADDED CONVENIENCE FOR THE OWNER) - Some of the units also feature new paint and updated flooring. Above grade sizes for 5624 is 956.76 SQFT and 5626 is 942.55 SQFT.More detailsListed by Real Broker- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
11432 Elbow Drive SW in Calgary: Southwood 4 plex for sale : MLS®# A2213404
11432 Elbow Drive SW CalgaryT2W 2E6 $950,000Multi-Family- Status:
- Active
- MLS® Num:
- A2213404
- Floor Area:
- 2,196 sq. ft.
Attention Investors and Renovators!! Prime investment property in a great Location! Rare opportunity to own this 4-plex in Southwood which has 3 bedrooms in each unit featuring an individual furnace, hot water tank and wood burning fire place and one parking spot for each unit. Steps from the Anderson Road LRT and just across Macleod Trail from Southcentre Mall, making it the ideal location for tenants whether they commute or work in the area. The property has great bones but needs work which is reflected in the pricing. Don't miss out on this opportunity, call your preferred RealtorMore detailsListed by Maara Realty Inc- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
1727 12 Avenue SW in Calgary: Sunalta 4 plex for sale : MLS®# A2215116
1727 12 Avenue SW CalgaryT3C 0R5 $1,299,900Multi-Family- Status:
- Active
- MLS® Num:
- A2215116
- Floor Area:
- 3,012 sq. ft.
Prime location and revenue generating property in desirable community of Sunalta, within walking distance to Sunalta C-Train station and a lots of shopping/dining options. Also close to some of Calgary's best schools (Western Canada, Mount Royal, Sacred Heart), and nearby tennis courts for active living. This well maintained 2 storey, four unit building is zoned M-CG d111 with potential monthly revenue over $7000 City assessment as 4-plex available. Both 2 storey units feature 3 bedrooms and laundry; one with a full bath and 2 pc en suite; the other with a full bath, 3 pc en suite, and 2 pc powder room on the main floor. Basement units (2 bed/1 bath and 1 bed/1 bath) include private access from common entry way/landing and shared laundry room. 4 parking stalls accessible from rear laneway. Exceptional revenue and/or development valueMore detailsListed by Royal LePage METRO- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
1111 15 Avenue NE in Calgary: Renfrew 4 plex for sale : MLS®# A2216783
1111 15 Avenue NE CalgaryT2E 1J4 $1,300,000Multi-Family- Status:
- Active
- MLS® Num:
- A2216783
- Floor Area:
- 2,218 sq. ft.
Prime Inner-City Fourplex - Incredible investment opportunity on a quiet street in the sought-after community of Renfrew! This renovated, income-generating fourplex sits on a massive 50x120 ft lot and brings in over $85,000 in annual gross revenue. Featuring updated units with vinyl plank and hardwood floors, large light-filled windows, and a well-maintained roof (2013) and windows (2013) plus a high-efficiency boiler (2006). Unbeatable location – walking distance to the Renfrew Rec Centre, shopping, restaurants, and schools. Transit out front, plus quick access to Deerfoot Trail, 16th Ave, and a short commute downtown. Whether you're looking for solid cash flow or a redevelopment opportunity, this property checks every box. A rare find in one of Calgary’s top inner-city neighborhoods!More detailsListed by RE/MAX First- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
131 & 135 Cornerstone Avenue NE in Calgary: Cornerstone 4 plex for sale : MLS®# A2217226
131 & 135 Cornerstone Avenue NE CalgaryT3N 1G7 $1,350,000Multi-Family- Status:
- Active
- MLS® Num:
- A2217226
- Floor Area:
- 3,179 sq. ft.
| LEGAL 4PLEX | Separate Titles | Separate Entrances | Four Furnaces | Over 1550 sqft above grade each | Two Detached Double Garages | Welcome to an exceptional investment opportunity or the perfect setup for multi-generational living in the desirable Cornerstone NE community! This unique property boasts two separate titles, offering incredible flexibility. Each side of the duplex features over 1550 sqft above grade, 3 Bedrooms, and 2.5 bathrooms above grade, and includes a 1-bedroom legal basement suite with a 4-piece bathroom, providing excellent rental income potential or private spaces for extended family. With four separate furnaces, each unit enjoys its own independent heating system. Adding even more value are the two double detached garages, providing ample parking and storage. Both properties are fully fenced and landscaped for your enjoyment and convenience. Cornerstone is a vibrant and growing community known for its diverse architectural styles, numerous parks and playgrounds, and convenient access to the Calgary International Airport, a wide array of shopping destinations, diverse restaurants, and various schools catering to all ages. Don't miss this rare chance to own a versatile property in a well-connected and thriving neighborhood! Basements are registered with The City of Calgary, sticker # are 920 & 921.More detailsListed by CIR Realty- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
1716 & 1718 10 Avenue NE in Calgary: Mayland Heights Full Duplex for sale : MLS®# A2187974
1716 & 1718 10 Avenue NE CalgaryT2E 0Y1 $1,290,000Multi-Family- Status:
- Active
- MLS® Num:
- A2187974
- Floor Area:
- 1,780 sq. ft.
** FULL DUPLEX SIDE BY SIDE ** Welcome to this completely renovated, impressive property that features a total of 8 bedrooms and 4 full bathrooms. This is an incredible opportunity to purchase a move-in-ready property that has legal basement suites in both units. There are 2 bedrooms and 1 bathroom in the MAIN LEVEL UNITS and 2 bedrooms and 1 bathroom in the LEGAL BASEMENT SUITES. All units are completely renovated, equipped with separate furnaces and laundry, and stainless steel kitchen appliances. TANKLESS HOT WATER SYSTEM in both units 1716 & 1718. Each unit features bright, open living spaces with functional layouts. This property is situated on an approximately 8395 sq ft lot with a 60 ft front to 110 ft depth. Mayland Heights is well known for its parks, schools, easy access to 16 Ave, Deerfoot Trail, great transit options, shopping malls nearby, and being conveniently located close to downtown. Whether you’re an experienced investor or just starting out, this property offers the perfect combination of location, value, and opportunity. Don’t miss your chance to own this unique duplex in one of the city’s most sought-after neighborhoodsMore detailsListed by PREP Realty- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
Questions About The Multi-Family Home Investments?
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At New Homes Alberta, we pride ourselves on being more than just a real estate team; we are your neighbors, your community members, and your best guide to the Alberta real estate market. Born and raised right here in Alberta, our team embodies a deep-rooted understanding of the local landscape, offering insights and expertise that can only come from true locals.
The majority of New Build and Pre Construction real estate teams are based out of province, with Toronto being a prominent location for most of these agents. However, in order to invest in the right preconstruction project to maximize return and enjoyment, it is essential to work with a team of agents who not only are in the location in which you plan on investing in, but also knows the area market inside and out.
Your One Stop Shop For Multi-Family Property Investing
Access to Exclusive Multi-Family Deals
Gain access to Alberta’s top multi-family investments before they hit the market.
Comprehensive Investment Analysis
Receive professional insights on cash flow, cap rates, and ROI.
Specialized MLI Select Financing Support
Work with mortgage brokers who specialize in multi-family financing.
Builder Relationships & Early Access
We connect you with developers to access premium projects first.
Full-Service Investment Assistance
We provide complete end-to-end support. Including everything from acquisition to leasing and beyond.
Customized Strategies for Investors
Whether you’re a first-time buyer or scaling up to larger developments, we tailor strategies to meet your investment goals.
What You Need to Know About Investing in Multi-Family Homes in Alberta
A multi-family home is a property with two or more rental units. Common types include duplexes, triplexes, fourplexes, and apartment buildings with multiple units.
A single-family home is designed for one household, whereas a multi-family home consists of multiple units that can be rented out to different tenants, creating multiple income streams.
Yes! Multi-family properties provide consistent rental income, better financing options, scalability, and long-term appreciation, making them one of the best strategies for building wealth in real estate.
Yes, but only under the MLI Select Program offered by CMHC. This program allows investors to purchase multi-family homes with 5% down and a 50-year amortization, provided the property meets eligibility criteria. Contact us, for more information on the MLI Select Program.
The MLI Select Program provides longer amortization, lower down payments, and better financing terms for properties that meet CMHC’s scoring system based on affordability, environmental impact, and accessibility.
To qualify, you must have:
- Net worth of at least 25% of the property’s purchase price.
- Liquid assets equal to at least 10% of the purchase price.
- A property with at least 5 rental units that meets CMHC’s scoring criteria.
We specialize in duplexes, fourplexes, 8-plexes, mid-sized apartment buildings, and large-scale rental developments.
We conduct a pro forma financial analysis, factoring in cash flow, cap rates, appreciation potential, and expense ratios to ensure you make a profitable investment.
No. You can invest remotely with our full-service support, but CMHC favors investors who live within a commutable distance of their investment. If you’re from out of province, we can help you partner with a local investor to meet CMHC’s requirements.
Rental income is based on market rent, unit type, location, and demand. We provide detailed rental market analysis to help investors project cash flow.
Yes. Investors can depreciate the property, deduct expenses (mortgage interest, repairs, property management), and use capital gains strategies to reduce taxes.
Each city has zoning regulations that dictate how many units can be built, parking requirements, and tenant rules. Our team ensures your investment aligns with local zoning laws.