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Brand New MLI Select Inventory Now available for Calgary and Edmonton!
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.
419 Huntsville Crescent NW in Calgary: Huntington Hills 4 plex for sale : MLS®# A2198536
419 Huntsville Crescent NW CalgaryT2K 4W3 
$1,249,000Multi-Family- Status:
- Active
- MLS® Num:
- A2198536
- Floor Area:
- 1,984 sq. ft.
Located in a prime and highly sought-after area of Huntington Hills, this well-maintained 4-plex (each unit has 3 bedrooms and 1 bathroom) offers an exceptional investment opportunity with a fantastic location just off Centre Street, nestled on a quiet crescent. The 4-plex sits on an absolutely massive 51’x155’ (8600sq’) lot. Enjoy quick and easy access to Deerfoot Trail and 14th Street, and within walking distance to a wide range of amenities including Superstore, McDonald's, a convenience store, multiple schools (John G. Diefenbaker High School, Sir John A. Macdonald Middle School, St. Helena School), a library, aquatic center, tennis and pickleball courts, skate park, and more! This property has been thoughtfully updated and maintained, with a variety of recent upgrades including: upgraded 100A electrical system, updated metal roof, sewer drain line repair, renovated kitchens and bathrooms, newer appliances throughout, soundproofing for added privacy and comfort, some updated windows and doors, updated furnaces and hot water tanks, newer flooring, etc. The property includes a double garage and ample parking space off the back lane, providing convenience for both tenants and guests. With consistent and meticulous management by the owners, the property is fully leased with reliable tenants and fixed-term leases in place, making it an investor's dream. Don’t miss out on this rare opportunity to add a well-maintained, high-demand property to your portfolio in a fantastic location!More detailsListed by RE/MAX House of Real Estate- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
5004 Stanley Road SW in Calgary: Elboya 4 plex for sale : MLS®# A2199286
5004 Stanley Road SW CalgaryT2S 2R5 $1,150,000Multi-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
3432 Richmond Road SW in Calgary: Killarney/Glengarry 4 plex for sale : MLS®# A2201139
3432 Richmond Road SW CalgaryT3E 4N6 $1,189,000Multi-Family- Status:
- Active
- MLS® Num:
- A2201139
- Floor Area:
- 1,118 sq. ft.
ATTENTION BUILDERS and INVESTORS!!! GREAT MULTI-FAMILY BUILD. SAVE TIME AND MONEY. DEVELOPMENT PERMIT RELEASED, DEVELOPMENT SURVEY COMPLETED, DESIGN PLAN COMPLETED, DSSP COMPLETED, DEPOSIT TO CITY OF CALGARY COMPLETED. ALL THE HEAVY LIFTING IS DONE AND NOW YOU’RE READY TO BUILD ASAP! CMHC MLI SELECT ELIGIBLE , 8 LEGAL SUITES. EXCELLENT CASH FLOW PROJECTIONS AND CAPITAL APPRECIATION. CLOSE TO LRT/TRANSIT, 17 AVE, MOUNT ROYAL UNIVERSITY, NORTH GLENMORE PARK, WALMART, SHOPPING/RESTAURANTS AND QUICK COMMUTE TO DOWNTOWN.THIS IS LAND VALUE ONLY WITH DP APPROVEDMore detailsListed by TREC The Real Estate Company- 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 $1,080,000Multi-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
1812 34 Street SE in Calgary: Southview 4 plex for sale : MLS®# A2201853
1812 34 Street SE CalgaryT2B 0W4 $899,900Multi-Family- Status:
- Active
- MLS® Num:
- A2201853
- Floor Area:
- 480 sq. ft.
LEGAL 4 PLEX - Attention investors! 4 bi-level suites (one on each corner) – this is an exceptional investment opportunity in the community of Southview. Each unit offers a separate entrance, a comfy upstairs living area with a spacious living room, kitchen and dining room and a 2 pc bath with in-suite laundry. Downstairs each unit features two bedrooms, full bath, storage room and mechanical room. Each unit has a balcony off the living room from sliding patio doors, offering a lovely outdoor space to sit and relax and the rear units have use of the backyard space. Parking is at the back of the property (4+ stalls), as well as ample street parking is available. Great long term tenants, and they pay ALL their own utilities (all units have separate meters) – less management needed on the owner’s behalf. Updates include eaves troughs replaced in 2024, 2 of the 4 units have updated laminate/vinyl flooring, replaced kitchen cabinets and counter tops, updated bathrooms in good condition. 2 of the units have recently updated tile tub/shower surrounds. The property is situated on a low traffic, non-through street. Southview features lots of area amenities including shops, services and restaurants along International Avenue, great access to transit options and easy access to Deerfoot Trail, 17th Ave SE and downtown – all making for a great future ROI. Invest in Calgary's phenomenal growth or live in one unit while the others pay your mortgage! Now is the time to capitalize on this opportunity!More detailsListed by RE/MAX Realty Professionals- 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 $1,599,900Multi-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
1521 27 Avenue SW in Calgary: South Calgary 4 plex for sale : MLS®# A2196620
1521 27 Avenue SW CalgaryT2T 1G5 $1,299,990Multi-Family- Status:
- Active
- MLS® Num:
- A2196620
- Floor Area:
- 2,001 sq. ft.
An exceptional turnkey investment opportunity in the heart of South Calgary, this fully legal fourplex sits on a prime 50' x 125' lot in one of the city's most sought-after neighborhoods. Each of the four self-contained units boasts two bedrooms, in-suite laundry, a dedicated furnace, and a separate electrical panel. The two front units include an additional two-piece bathroom and private balconies, while the south-facing backyard provides ample outdoor space for tenant enjoyment. This property has been well-maintained and thoughtfully upgraded over the years, including new windows installed just last year. With four assigned parking stalls and plenty of room for a future four-car detached garage, it offers both immediate rental income and future development potential. Tenants pay their own utilities, as all units are separately metered for gas, heat, and water. Situated just minutes from downtown, Marda Loop, and the lively 17th Avenue district, this property is in an area known for its strong rental demand, excellent amenities, and unbeatable walkability. An investor’s dream, this well-maintained fourplex assures consistent cash flow and attracts quality tenants year-round.More detailsListed by Coldwell Banker Mountain Central- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
4423 Bowness Road NW in Calgary: Montgomery 4 plex for sale : MLS®# A2205964
4423 Bowness Road NW CalgaryT3B 0A7 $2,199,000Multi-Family- Status:
- Active
- MLS® Num:
- A2205964
- Floor Area:
- 5,744 sq. ft.
The pictures were taken during the construction phase. All units are now rented and generating excellent revenue." INCREDIBLE INVESTMENT OPPORTUNITY Live in luxury in a gorgeous 2020 build fourplex in the desirable community of Bowness / Montgomery with tons of upgrades, PRIVATE ROOFTOP PATIO and fantastic views! Brand new construction in 2020 Stunning executive fourplex units with generous floor plans to maximize the space of each of these luxury two storeys. This elegant design building features four units with 2 upper bedrooms plus one in the basement and 3 1/2 bathrooms in spacious floor plans of 1436 sq ft for each unit. On the main floor, kitchens will be an absolute dream with high-end appliances including cooktop, island and generous-sized pantry. The statement stone fireplace wall enhances the opulence of the hub of these units. Upstairs are two large and beautiful bedrooms which will each have their own ensuites. Your very own private rooftop terrace completes this outstanding unit. A fully finished basement with a third bedroom, full bathroom, rec room and shiny wet bar will provide extra space for your family living. Perfectly situated in the high-demand, mature, and family-friendly community of Montgomery offering something for everyone. This community has character and charm, a lushly treed neighbourhood, boasting shops, restaurants, and great schools. Just a short stroll to Market mall and UOC. Don't let this fantastic opportunity slip by, call your realtor today to book your showing!More detailsListed by RE/MAX House of Real Estate- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
1950 & 1952 66 Avenue SE in Calgary: Ogden Full Duplex for sale : MLS®# A2184214
1950 & 1952 66 Avenue SE CalgaryT2C 3C1 $899,999Multi-Family- Status:
- Active
- MLS® Num:
- A2184214
- Floor Area:
- 2,498 sq. ft.
Discover unmatched potential with this spacious side-by-side duplex in the heart of Ogden. Located right across from Banting and Best, and Sherwood public schools with great transit at your doorstep. Located in a vibrant community with easy access to schools, shopping, public transit, and major roadways, this side by side duplex combines convenience with opportunity. Don’t miss out—schedule your viewing today and explore the possibilities!More detailsListed by eXp 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
1031 & 1031A 39 Avenue NW in Calgary: Cambrian Heights Full Duplex for sale : MLS®# A2191461
1031 & 1031A 39 Avenue NW CalgaryT2K 0E2 $1,120,000Residential- Status:
- Active
- MLS® Num:
- A2191461
- Bedrooms:
- 6
- Bathrooms:
- 4
- Floor Area:
- 2,720 sq. ft.
Welcome to this exceptional side-by-side duplex in the charming inner-city community of Cambrian Heights. Offering two unique residences—1031A and 1031B both units have been upgraded and updated. This property is perfect for multigenerational living or as a savvy investment opportunity. Live in one side and rent out the other. The possibilities are endless. Step into your home through a welcoming covered veranda, an ideal spot for your evening sunshine. Inside, the open-concept main floor features a spacious living area, a dining room, and a high-end kitchen with stainless steel appliances, heated floors, and thoughtfully designed cabinetry. Classic yet modern, the home showcases stunning hardwood floors throughout the main and upper levels, abundant natural light floods the interior from the newer vinyl windows which feature custom Hunter Douglas blinds. Upstairs, you’ll find three generously sized bedrooms with built-in closet organizers, alongside a luxurious bathroom complete with a walk-in shower and heated floors. The fully developed basement offers additional living space, including a large rec or games room, a full bathroom, and a laundry/storage area. Recent updates include a new furnace, fresh paint, modern lighting (pot lights), and new flooring in the kitchen, bathrooms, and basement. This home is truly turn key ready yourself, for tenants or ideal for extended family. The property also features a double detached garage and beautifully landscaped outdoor spaces, adding to its appeal. Located within walking distance of schools, shopping, Confederation Park, and transit, with easy access to downtown, the University of Calgary, and Foothills Hospital. A duplex is a rare find that can seamlessly blend convenience, and investment potential. OPEN HOUSE This Saturday Feb.8 from 2-4 PMMore detailsListed by RE/MAX House of Real Estate- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
Questions About The Multi-Family Home Investments?
Contact Us Today!
More Than Just Real Estate Agents
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.