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.
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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 Calgary T2X 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
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1832 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2236306
1832 17 Avenue NW Calgary T2M 0S2
$3,150,000Multi-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
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2311 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2251364
2311 16 Street SW Calgary T2T 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
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6815 5 Street SW in Calgary: Kingsland 4 plex for sale : MLS®# A2251817
6815 5 Street SW Calgary T2V 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
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7604 21A Street SE in Calgary: Ogden 4 plex for sale : MLS®# A2267496
7604 21A Street SE Calgary T2C 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
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433 53 Avenue SW in Calgary: Windsor Park 4 plex for sale : MLS®# A2268062
433 53 Avenue SW Calgary T2V 0B8
$2,999,000Multi-Family- Status:
- Active
- MLS® Num:
- A2268062
- Floor Area:
- 4,976 sq. ft.
A rare opportunity to own a brand-new 4plex with 4 legal basement suites — a total of 8 self-contained units combining modern design, exceptional construction quality, and unbeatable inner-city convenience. Located in the desirable community of Windsor Park, just steps from Chinook Centre, Britannia Plaza, schools, and major transit routes, this property offers a premium investment opportunity with strong rental demand. Each upper unit features 3 bedrooms, 2.5 bathrooms, and an open-concept main floor with designer kitchens, quartz countertops, and luxury vinyl plank flooring. The legal basement suites include 9-ft ceilings, 2 bedroom, 1 bathroom, and bright, functional layouts with private side entrances — ideal for maximizing rental income or multi-generational living. Designed and built to the highest standards, this project showcases a modern architectural aesthetic, durable exterior materials, and thoughtful layouts throughout. With 8 rentable units and ample parking, it presents an exceptional opportunity for investors seeking steady cash flow and long-term appreciation. Eligible for CMHC MLI Select (subject to lender and CMHC approval) — allowing potential low down payment and extended amortization. A true turnkey multi-family investment in one of Calgary’s most central and accessible neighborhoods. More detailsListed by MaxWell Canyon Creek- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
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4 Rossburn Crescent SW in Calgary: Rosscarrock 4 plex for sale : MLS®# A2274184
4 Rossburn Crescent SW Calgary T3C 2N5
$3,200,000Multi-Family- Status:
- Active
- MLS® Num:
- A2274184
- Floor Area:
- 5,348 sq. ft.
Exceptional Brand-New 4-Plex with 8 Self-Contained Units in Rosscarrock! Welcome to an extraordinary investment opportunity in one of Calgary’s most desirable inner-city communities — Rosscarrock. Perfectly positioned on a prime corner lot overlooking pristine green space, this brand-new 4-plex offers modern design, impeccable craftsmanship, and exceptional income potential with a total of 8 fully self-contained suites (4 main units plus 4 legal basement suites, subject to final City of Calgary approval). Each of the four main units is a beautifully designed two-storey home featuring 3 spacious bedrooms upstairs, open-concept main living areas, and a private detached garage with storage. The basement suites each feature 1 bedroom, a full kitchen, laundry, and separate private entrance, making them ideal for rental income or multi-generational living. From the ground up, this property showcases the finest in modern building materials and finishing details. You’ll find luxurious quartz countertops, rich hardwood flooring, designer ceramic tile, high ceilings, and elegant lighting throughout. The gourmet main kitchens boast gas cooktops with built-in ovens and microwaves, while the suites feature electric ranges with over-the-range microwaves, all complemented by stainless steel appliances and thoughtful layouts. Every unit has its own mechanical room and laundry, ensuring true independence and ease of maintenance — that’s 8 separate furnaces, 8 hot water systems, and 8 laundries. Adding to its innovation, this 4-plex features Tri-Filler by Biosenta, a revolutionary new anti-germ building product, enhancing long-term hygiene and durability. The property also qualifies for the CMHC multi-unit financing program, offering investors an attractive, low-risk entry into Calgary’s thriving rental market. Whether you’re an investor seeking turnkey revenue, or a developer adding a showpiece to your portfolio, this premium multi-family complex in Rosscarrock represents unmatched quality, location, and long-term value. Some Highlights: 4 brand-new two-storey main units + 4 legal suites (8 total units) Each with private entrance, 4 garage units, storage & laundry Quartz counters, hardwood, tile, high ceilings, gas cooktops Anti-germ Tri-Filler by Biosenta! CMHC loan program eligible! Corner lot with park frontage in Rosscarrock Your next-level investment opportunity is here — a turnkey 8-unit 4-plex built for modern living, strong returns, and lasting value. More detailsListed by MaxWell Canyon Creek- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
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2811 2 Street NE in Calgary: Tuxedo Park 4 plex for sale : MLS®# A2283180
2811 2 Street NE Calgary T2E 1Z9
$3,298,800Multi-Family- Status:
- Active
- MLS® Num:
- A2283180
- Floor Area:
- 5,258 sq. ft.
An outstanding opportunity to enhance your real estate portfolio with this architecturally refined, purpose-built four-plex, ideally located in the heart of Tuxedo Park, one of Calgary’s most desirable inner-city communities. Known for its central location, consistent rental demand, and vibrant urban appeal, Tuxedo Park provides the perfect backdrop for this income-producing asset. This newly constructed development consists of four thoughtfully designed townhome style residences, each featuring three spacious bedrooms. In addition, every unit includes a fully legal two-bedroom basement suite, resulting in eight self contained rental units, each with a private entrance an exceptional configuration that maximizes income potential and operational flexibility. The property makes a strong first impression with its striking curb appeal. A timeless yet modern architectural design showcases clean lines, premium exterior materials, and a cohesive, sophisticated colour palette. Professional landscaping, contemporary lighting, and a unified façade contribute to a boutique feel rarely seen in multi-family projects. Interiors are finished with a focus on durability, efficiency, and modern aesthetics. Each suite features quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and oversized energy efficient windows, offering long term tenant appeal while supporting low maintenance and operating costs. Ideally situated just minutes from downtown Calgary, the property offers convenient access to major roadways, public transit, parks, schools, and everyday amenities making it highly attractive to tenants and investors alike. Eligible for CMHC Select Financing, this turnkey opportunity represents a rare chance to acquire a high performance, income generating asset in a high demand rental market. Contact us today for further details or to arrange a private viewing. Property will be ready for Q4 2026. More detailsListed by Century 21 Bravo Realty- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
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7406-7408 Hunterfield Road NW in Calgary: Huntington Hills 4 plex for sale : MLS®# A2276447
7406-7408 Hunterfield Road NW Calgary T2K 4L1
$1,295,000Multi-Family- Status:
- Active
- MLS® Num:
- A2276447
- Floor Area:
- 1,990 sq. ft.
Here is the perfect investment, the hard work is all done for you . Just purchase and rent! This is a beautiful, very high quality, thorough renovation! A newly finished, legally suited side by side duplex on 7028SQFT Lot. The upper 2 units have had substantial facelifts and have been opened up with, new kitchens with quartz counter tops on the islands, new bathrooms, new flooring, all new light fixtures, all new appliances, private laundry, separate heating and their own electrical panels. The lower units are completely new starting from the framing out. They have 5 large, new egress windows, separate heating and electrical panels, private laundry and all new everything in each unit. The building has a new rubber membrane roof, new casement window's throughout, new fencing, new parking pads (for 8 vehicles off street) all with parking stops, new kitchen appliance throughout, new landscaping and front sod. The upper suites are 3 bedroom and a 4 pc bath, the lower units 2 bedroom and 4pc bath, all are bright and fresh. It is a single title to make for easier financing. Rents total $6400 per month; tenants pay their own utilities and must be assumed. Don't miss out...places like this don't come to market often...this is your chance. More detailsListed by Century 21 Bamber Realty LTD.- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
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3915 73 Street NW in Calgary: Bowness 4 plex for sale : MLS®# A2289214
3915 73 Street NW Calgary T3B 2L8
$3,150,000Multi-Family- Status:
- Active
- MLS® Num:
- A2289214
- Floor Area:
- 3,000 sq. ft.
Seize a rare opportunity to invest in a purpose-built multi-residential development in the dynamic and growing community of Bowness, Calgary. This project has been brought together by MCA Construction Group and the Development Permit has been approved and released the Building Permit drawings are ready for submission. As soon as you give the green light, the project is ready to go. Strategically located, this investment property is positioned to attract strong tenant demand. It’s just 6 minutes from the tranquil Bowness Park, 8 minutes from Market Mall, and within a 10–14 minute commute to the University of Calgary, SAIT, Ambrose University, Alberta Children’s Hospital, and Foothills Medical Centre. This prime location ensures long-term rental stability and appeal. Spanning over 7000 sq ft of livable space, the project features eight thoughtfully designed units: four spacious 3-bedroom, 2.5-bathroom upper units and four well-appointed 1-bedroom, 1-bath legal basement suites. All units include in-suite laundry, with legal basement suites also offering in-suite bike parking. These homes are tailored for the high-end rental market, combining modern design, functionality, and comfort to maximize tenant satisfaction and rental yield. This is a turnkey development opportunity with the potential to leverage CMHC Select Financing. This is a rare opportunity to invest in a brand-new, purpose-built multifamily project with minimal friction. Whether you're a seasoned investor or looking to expand your portfolio with a high quality asset, this property represents a unique chance to capitalize on Calgary’s rental market with confidence in one of Calgary’s most promising up and coming neighborhoods. 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
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2604 18 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2291253
2604 18 Street SW Calgary T2T 4T5
$3,899,600Multi-Family- Status:
- Active
- MLS® Num:
- A2291253
- Floor Area:
- 8,064 sq. ft.
Brand New 8 Plex Investment Opportunity in Bankview with Completion set for November 1, 2026 **An exceptional opportunity to add a HIGH END building to your portfolio in the sought-after inner-city community of Bankview!! This thoughtfully designed development features 4 - three storey townhomes, each offering over 2016 sq ft (builders plans)3 bedrooms and 3.5 bathrooms, spacious layouts, and private upper decks with downtown views. The property also includes 4 - lower level 788 sq ft (builders plans) 2 bedroom suites creating eight well appointed rental units in total, plus four detached garages. Built with quality and comfort in mind, the project will feature hardwood flooring, in-floor heating in the basement suites, upgraded windows, contemporary lighting and fixtures, and private entrances for each unit, delivering a modern rental product designed to attract long term tenants. Ideally located just steps from the vibrant shops, restaurants, and nightlife of 17th Avenue SW and only minutes to downtown Calgary, this property offers outstanding convenience and strong tenant appeal. Investors can also take advantage of CMHC MLI Select financing while benefiting from Calgary’s strong and growing rental market. Contact us today for a full list of features, upgrades, and additional investment details. More detailsListed by Century 21 Bamber Realty LTD.- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
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3719 14A Street SW in Calgary: Altadore 4 plex for sale : MLS®# A2291909
3719 14A Street SW Calgary T2T 3Y1
$3,550,000Multi-Family- Status:
- Active
- MLS® Num:
- A2291909
- Floor Area:
- 7,232 sq. ft.
An excellent opportunity to expand your investment portfolio in the heart of Marda Loop. This BRAND NEW 8 unit complex is complete and ready for immediate possession. Situated on a large 50x125 ft. lot, on a tree lined street, just steps from river park and the heart of marda loop. Easy transit access to MRU and downtown. The upper 3 storey units offer over 1800 sqare feet on three levels, above grade and an addtional 575 square feet basement suites with separate entrances (Units can be connected to basement directly if desired) High quality modern finishes throuhout this spacious townhouse. Hardwood, quarts, stainless steel appliances, ceramic tiles. Each upper unit features three bedrooms and 3 and a half baths. An excellent main level with living, dining and large kitchen with Island. The second floor boats two large bedrooms both with large closets and ensuites. The top third floor showcases an amazing Primary suite complete with a huge walk in closet, large ensuite with walk in 2 person shower. Dual sinks, and a full east facing private balcony. The basement suites boast high ceilings, full moden kitchens, ensuite laundry and separate spacious bedrooms with large closets. Single detached garages for all units. (4) This build can be eligible for CMHC MLI Select financing. Rental rates in the area have remained stable with low pre dominant vacancy. Possible gross monthly income of $15k-$17k Furnished units can attain more and can be included in the purchase price as required. Full appliance packages for all 8 units included, and all units a separately metered. A great opportunity in a thriving community. More detailsListed by RE/MAX Realty Professionals- Josh Clark
- 119 14 ST NW, CALGARY, AB T2N 1Z6
- 1 (403) 305-9167
- Contact by Email
Data was last updated April 10, 2026 at 12:05 AM (UTC)
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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.
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Receive professional insights on cash flow, cap rates, and ROI.
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Work with mortgage brokers who specialize in multi-family financing.
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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.