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.
423 10 Avenue NE in Calgary: Renfrew 4 plex for sale : MLS®# A2240044
423 10 Avenue NE CalgaryT2E 0X5 
$1,399,000Multi-Family- Status:
- Active
- MLS® Num:
- A2240044
- 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
822, 826, 830, 834 Wolf Willow Boulevard SE in Calgary: Wolf Willow 4 plex for sale : MLS®# A2236628
822, 826, 830, 834 Wolf Willow Boulevard SE CalgaryT2X 5R5 $3,399,888Multi-Family- Status:
- Active
- MLS® Num:
- A2236628
- Floor Area:
- 6,352 sq. ft.
MLI SELECT PROGRAM COMPLIANT | 8 UNITS | SHANE BUILT HOMES | 4 DOUBLE CAR GARAGES | ALL OF THE UNITS TENANTED ALREADY | 2 FULL DUPLEXES BESIDE EACH OTHER | 20 BEDROOMS & 16 BATH | Exceptionally rare opportunity to acquire four consecutive lots featuring two brand-new FULL duplexes, each with legal basement suites—for a total of 8 fully self-contained units. The owners bought these units through the MLI Select Program. The CMHC financing might be transferable (pending approval). Some of the units are already rented out. Located in the rapidly growing and nature-rich community of Wolf Willow, these turnkey properties offer an incredible investment opportunity with strong monthly cash flow potential. Each upper unit is thoughtfully designed with 3 spacious bedrooms, 2.5 bathrooms, a large family room, bonus room, and full-sized laundry. The kitchens feature quartz countertops, stainless steel appliances, and open to generous dining areas, mudrooms, and convenient half baths. Upstairs, the primary bedrooms offer walk-in closets and beautiful ensuites, while two additional bedrooms and a full bath complete the functional layout. The legal basement suites provide two bedrooms (one with a walk-in closet), full kitchens, spacious rec rooms, 4-piece bathrooms, laundry areas, utility rooms, and extra storage—each with a private entrance. Detached garages are included with each unit, enhancing tenant appeal and convenience. Each unit is separately metered. Nestled beside the scenic Bow River, Wolf Willow is known for its parks, walking trails, and peaceful natural surroundings, with easy access to Stoney Trail, Deerfoot Trail, and nearby amenities. This is a turn-key, high-cashflow property ideal for investors seeking stable returns and long-term value in a thriving Calgary community.More detailsListed by Real Broker- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
2619 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2249523
2619 16 Street SW CalgaryT2T 4G3 $1,449,000Multi-Family- Status:
- Active
- MLS® Num:
- A2249523
- Floor Area:
- 3,903 sq. ft.
Investment opportunity. Up/down 4 plex, just one block from 26 Ave in Bankview in 16 street. This area is big enough to a brand new condo building units, with maximum floor area ratio of 2.5. Each unit is 820 sq.ft. Mix of 3 -2 beds and 1 - 1 bed. Had recently upgraded to newer kitchen cabinet and flooring, newer bath room vanity. Monthly rent is $7,080.00, gross $84,960, net operating income is $72,196.56 making cap rate 5%. Great cash flow and holding property for redevelopment.More detailsListed by TREC The Real Estate Company- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
1832 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2236306
1832 17 Avenue NW CalgaryT2M 0S2 $2,890,000Multi-Family- Status:
- Active
- MLS® Num:
- A2236306
- Floor Area:
- 4,462 sq. ft.
Enhance your real estate portfolio with this premier new construction rental development in Capitol Hill, one of Calgary’s most desirable inner-city communities. Scheduled for completion in the end of 2026, this purpose-built investment property consists of two buildings featuring a total of eight rental suites. Each building includes a spacious upper unit with three bedrooms and 2.5 bathrooms, as well as a well-appointed lower unit offering one bedroom with kitchen and full bathroom. A four-car detached garage with lane access provides added convenience and tenant appeal. Strategically located near downtown Calgary, 17th Avenue, parks, transit, and shopping, the property is ideally positioned to attract quality tenants and command above-average rents. Investors will appreciate the thoughtful design, superior construction, and long-term rental potential of these townhomes.The development is distinguished by its low-maintenance Hardy board exterior, high-efficiency HVAC systems, and durable finishes throughout—ensuring reduced operating costs and long-term durability. These modern, well-designed units are tailor-made for consistent cash flow and minimal upkeep. With estimated rents of $2,850 for upper suites and $1,450 for lower units Whether you're a seasoned investor or looking to diversify your holdings, this exceptional income-generating property offers the perfect blend of location, quality, and financial performance. For more information, contact us and take the next step toward securing a high-performing asset in Calgary’s thriving rental market.More detailsListed by CIR Realty- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
2311 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2251364
2311 16 Street SW CalgaryT2T 4E6 $1,249,000Multi-Family- Status:
- Active
- MLS® Num:
- A2251364
- Floor Area:
- 1,855 sq. ft.
For more information, please click the "More Information" button. Seize the opportunity to own a fully tenanted multifamily fourplex in one of Calgary’s most desirable inner-city communities. This well-maintained property consists of two self-contained units, both fully leased, generating a combined rental income of $7,450 per month. Offering reliable cash flow from day one, this turnkey investment combines immediate returns with excellent long-term appreciation potential. Located in the vibrant Bankview neighbourhood, just minutes from downtown Calgary, the property provides exceptional convenience for tenants. Its prime inner-city location ensures quick commutes, excellent transit access, and close proximity to some of the city’s most popular lifestyle hubs, including Kensington, 17th Avenue SW, and Marda Loop. Bankview is known for its elevated city views, character-filled streets, and walkable community feel, making it a highly sought-after area for renters. The location offers quick access to major commuter routes, public transit, and a wealth of shopping, dining, and recreational amenities.More detailsListed by Easy List Realty- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
424 Sabrina Road SW in Calgary: Southwood 4 plex for sale : MLS®# A2250685
424 Sabrina Road SW CalgaryT2W 1P9 $1,395,000Multi-Family- Status:
- Active
- MLS® Num:
- A2250685
- Floor Area:
- 2,520 sq. ft.
424 Sabrina Road SW presents a rare opportunity to acquire a fully modernized, income-generating fourplex in the established community of Southwood. With extensive renovations completed in 2024 and strong in-place rental income, this property is ideally suited for hands-off investors seeking reliable cash flow and long-term growth potential in Calgary’s southwest. Address: 424 Sabrina Road SW, Calgary, AB Property Type: Fourplex (Bi-Level Configuration) Total Living Area: 5,028 sq. ft. (2,564 sq. ft. RMS + fully developed lower levels) Units: 4 self-contained units Unit Layout: Each unit includes 3 bedrooms and 1.5 bathrooms Year Built: 1972 Zoning: MC-1 (Medium-Density Low Profile Residential) Parking: 5 surface stalls, resurfaced in 2024, with ample street parking available Lot: Standard inner-city lot with retaining wall recently rebuilt Recent Renovations and Capital Improvements (2024) This property has undergone a complete transformation, both inside and out. All four units were fully renovated to appeal to today’s quality-conscious tenants while minimizing maintenance needs for ownership. Interior upgrades include: Fully renovated kitchens with granite countertops, brand new cabinets, and stainless steel appliances Bathrooms completely redone with new tubs, tile work, vanities, fixtures, and modern finishes Durable LVL plank flooring installed throughout both upper and lower levels Fresh paint, trim, and lighting updates throughout all units Exterior and mechanical upgrades: New energy-efficient windows and patio doors in each unit Separate furnaces, hot water tanks, and individual utility meters per unit Resurfaced parking lot with defined stalls Reconstructed retaining wall for long-term stability Updated exterior finishes to enhance curb appeal These renovations were designed with long-term durability, tenant satisfaction, and rental optimization in mind. Income and Financial Performance 424 Sabrina Road SW is fully leased with fixed one-year terms. All four units are currently rented at market rates, providing predictable and stable cash flow from day one. The gross rental income is $8,350 per month, or $100,200 annually. All tenants are responsible for their own utilities, thanks to separately metered systems. Key financial metrics: Gross Annual Rents: $100,200 Net Operating Income (NOI): Approx. $78,720 annually Cap Rate: 5.4% at asking price Utility Structure: All tenant-paid (gas, water, electricity) This property offers strong investment fundamentals with minimal projected maintenance, making it an excellent asset for portfolio stabilization or long-term wealth building. Bi-Level Design Advantage Unlike traditional up/down duplex configurations, each of the four units in this property features a full bi-level design. This provides tenants with more usable space and a layout that feels more like a single-family home, resulting in better tenant retention and increased rental appeal. buyer will accept current RPRMore detailsListed by CIR Realty- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
6815 5 Street SW in Calgary: Kingsland 4 plex for sale : MLS®# A2251817
6815 5 Street SW CalgaryT2V 1A9 $3,199,000Multi-Family- Status:
- Active
- MLS® Num:
- A2251817
- Floor Area:
- 4,998 sq. ft.
Massive 4plex for with 4 Legal Suites in the basement of each unit! Thats 8 total units for rent complete with 4 Garages making this a superior rental property. The basements have access to their own private entrances! Beautiful design and modern finishes make this one of the best looking 4 plexes in Calgary. City center location means its minutes to Rocky view Hospital, close to downtown, near Mount Royal University and right beside Chinook Center. Providing prime rentals to students, hospital staff and downtown professionals. Upper units come complete with 2 bathrooms, 3 bedrooms, living, dining rooms and large kitchens. The basements are impressive as well, their own separate entrance, TWO bedrooms, single bathroom and spacious living room with kitchen complete with 9 foot ceilings. This 8-unit property (4 townhomes each with a legal suite) may qualify for CMHC’s MLI Select program, which can offer financing with down payments starting as low as 5% and extended amortizations. Eligibility and terms subject to lender and CMHC approval.More detailsListed by Century 21 Bravo Realty- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
11203 6 Street SW in Calgary: Southwood 4 plex for sale : MLS®# A2261330
11203 6 Street SW CalgaryT2W 0E9 $1,300,000Multi-Family- Status:
- Active
- MLS® Num:
- A2261330
- Floor Area:
- 2,583 sq. ft.
The investment opportunity for this fully rented 4-Plex in the South West community of Southwood is great. With 4 units all with 3 Bedrooms and 1290 sq.ft of living space each, these rental units are a solid addition to your portfolio. This property is generating rental income of $6,900 / Month ($82,800 / Year) with a Cap Rate of 5.50% (Based on the asking price and the 2025 Property Taxes). Some of the tenants have been in this property for years and all of the leases are recently renewed for another 1 year fixed term tenancy. The property also comes with 4 dedicated parking stalls in the alley, one for each unit.More detailsListed by Town Residential- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
431 54 Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2266710
431 54 Avenue SW CalgaryT2V 0C6 $3,199,999Multi-Family- Status:
- Active
- MLS® Num:
- A2266710
- Floor Area:
- 5,500 sq. ft.
A tremendous opportunity to enhance your real estate portfolio with this show-stopping 4-plex in the windsor park—an established inner-city community known for its central location, strong rental demand, and vibrant neighborhood charm. This brand-new, purpose-built investment property features four beautifully designed townhomes, each with 3 bedrooms, paired with four fully legal 2-bedroom basement suites—eight rentable units in total, all with private entrances for maximum flexibility and income potential. From the moment you arrive, the striking curb appeal sets this property apart. The exterior design is a standout, showcasing timeless architecture with a modern twist—clean lines, premium materials, and a sophisticated color palette create a truly upscale, boutique feel. Thoughtful landscaping, stylish lighting, and a unified facade add to the classy, high-end aesthetic that’s rarely seen in multi-family builds. Inside, each unit is finished with contemporary, low-maintenance features designed to attract quality tenants and minimize operational costs. Quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and large energy-efficient windows bring together form and function with elegant ease. Ideally located just minutes from downtown Calgary and within easy reach of major roadways, transit, parks, schools, ROCKYVIEW hospital and CHINOOK shopping, this property offers unmatched convenience for tenants and exceptional cash flow potential for investors. CMHC Select Financing eligible, this is a rare opportunity to own a high-yield, turnkey asset with long-term appreciation in a prime location. Don’t miss your chance to invest in one of the most visually stunning and thoughtfully designed 4-plexes Calgary has to offer. 50x120 R-C2 LOT GREAT SCHOOL CATCHMENT: ELBOYA SCHOOL . A GREAT OPPORTUNITY FOR INVESTORS.More detailsListed by MaxValue Realty Ltd.- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
1511 23 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2267276
1511 23 Avenue NW CalgaryT2M 1V2 $2,979,000Multi-Family- Status:
- Active
- MLS® Num:
- A2267276
- Floor Area:
- 5,190 sq. ft.
An exceptional opportunity to own a brand-new 4plex with 4 legal basement suites—a total of 8 self-contained rental units complete with 4 single garages, offering outstanding income potential and long-term value. Each basement suite has its own private entrance, ensuring privacy and flexibility for tenants. Showcasing modern architecture and premium finishes, this property stands out as one of Calgary’s most impressive multi-family builds. Perfectly located in Capitol Hill, just off 14th Street NW, it provides unbeatable access to SAIT, the University of Calgary, Confederation Park, hospitals, downtown, and major transit routes. The upper units each offer 3 bedrooms, 2 bathrooms, open-concept living and dining areas, and a spacious kitchen with high-end finishes. The basement suites feature 9-ft ceilings, 1 bedroom, 1 bathroom, and bright, functional layouts designed for comfort and efficiency. Built to a higher standard with superior construction quality and a unique drive-in design, this property combines form and function beautifully. Eligible for CMHC’s MLI Select program, offering potential low down payments and extended amortizations (subject to lender and CMHC approval). A rare chance to secure a turnkey 8-unit property in one of Calgary’s most desirable inner-city neighborhoods. Feel free to reach out for more detailsMore detailsListed by MaxWell Canyon Creek- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
7604 21A Street SE in Calgary: Ogden 4 plex for sale : MLS®# A2267496
7604 21A Street SE CalgaryT2C 0W2 $2,790,000Multi-Family- Status:
- Active
- MLS® Num:
- A2267496
- Floor Area:
- 5,251 sq. ft.
A rare opportunity to acquire a brand-new 4-plex with 4 legal basement suites — a total of 8 fully self-contained rental units complete with 4 single garages — delivering exceptional income potential and long-term stability for any investor. Each lower suite enjoys its own private entrance, maximizing privacy, tenant appeal, and flexibility for leasing. Crafted with modern architecture and upscale finishes, this build stands out as one of the most impressive multi-family offerings in the SE corridor. Situated in the rapidly transforming community of Ogden, it offers quick access to major arteries including Glenmore Trail, Deerfoot Trail, Stoney Trail, industrial employment hubs, Quarry Park, downtown transit routes, schools, and amenities — making it an ideal, high-demand rental location. The upper units feature 3 bedrooms, 2 bathrooms, bright open-concept living and dining spaces, and contemporary kitchens with premium finishing throughout. The legal basement suites include 9' ceilings, 2 bedroom, 1 bathroom, and well-planned layouts for efficient and comfortable living. Built to a higher construction standard with thoughtful design, including a unique drive-in configuration for easy garage access, this 8-unit asset is also eligible for CMHC MLI-Select (subject to lender/CMHC approval), allowing potential reduced down payment and extended amortization options. A true turn-key multi-unit investment in a high-growth SE community — opportunities of this caliber are rarely available. Contact for full details.More detailsListed by MaxWell Canyon Creek- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
7425 20 Street SE in Calgary: Ogden 4 plex for sale : MLS®# A2267502
7425 20 Street SE CalgaryT2C 0P9 $2,690,000Multi-Family- Status:
- Active
- MLS® Num:
- A2267502
- Floor Area:
- 4,660 sq. ft.
A rare opportunity to acquire a brand-new 4-plex with 4 legal basement suites — a total of 8 fully self-contained rental units complete with 4 single garages — delivering exceptional income potential and long-term stability for any investor. Each basement suite features its own private entrance and a spacious 1-bedroom layout, maximizing privacy, tenant demand, and leasing flexibility. Designed with modern architecture and quality finishes throughout, this project stands out as one of the most attractive multi-family investments in Ogden’s rapidly evolving community. Located on an interior lot, it offers a quiet residential setting while still providing quick access to major corridors such as Glenmore Trail, Deerfoot Trail, and Stoney Trail, as well as proximity to employment hubs, Quarry Park, schools, and city transit — ensuring strong rental appeal. The upper units feature 3 bedrooms, 2 bathrooms, open-concept living spaces, and stylish kitchens with premium cabinetry and fixtures. The legal basement suites include 9’ ceilings, 1 bedroom, 1 bathroom, and well-planned layouts that create bright and comfortable living areas. Built to a higher construction standard with thoughtful design and a practical garage-access configuration, this 8-unit income property also qualifies for CMHC MLI Select (subject to lender/CMHC approval), offering potential reduced down payment and extended amortization options. A beautifully built, turn-key multi-unit investment in one of Calgary’s most promising inner SE communities.More detailsListed by MaxWell Canyon Creek- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
Data was last updated December 7, 2025 at 12:05 AM (UTC)
powered by myRealPage.com
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.
Joshua Clark
Founder of iConz Global Network
Mike Hale
Former CPA
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.