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?

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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1832 27 Avenue NW
Capitol Hill Calgary T2M 2J5

$3,200,000
Multi-Family built: 2026

Main Photo: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 1: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 2: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 3: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 4: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 5: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 6: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 7: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 8: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 9: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 10: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 11: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Photo 12: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2228043
Year Built:
2026
Make this investment the cornerstone of your real estate portfolio!! Exceptional new-construction rental opportunity in Capitol Hill, one of Calgary’s most desirable inner-city communities. Backing directly onto Confederation Park Golf Course and scenic walking and biking paths, this purpose-built development offers incredible access to green space and urban convenience. Scheduled for completion in June 2025, the project features eight income-generating suites across two thoughtfully designed buildings. Each building includes spacious upper units of 1,361 sq ft with three bedrooms and 2.5 bathrooms, as well as generous 622 sq ft lower suites with one bedroom. A four-car detached garage with lane access further enhances the functionality and appeal of this property. This investment opportunity stands out due to its premium location and larger-than-average layouts, offering the comfort and practicality today’s renters are looking for. Situated on a 6000 sq ft corner lot, the design allows for superior unit separation and curb appeal compared to typical infill properties. Built with durable finishes, low-maintenance Hardie board exteriors, and high-efficiency HVAC systems, this development ensures lower operating costs and long-term performance — ideal for investors seeking strong returns with minimal upkeep. Capitol Hill’s prime inner-city location places residents just minutes from SAIT, the University of Calgary, Foothills Hospital, and the Alberta Children’s Hospital, making it especially attractive to students, professionals, and healthcare workers. The property also offers quick access to downtown Calgary, 16th Avenue, and major transit routes, ensuring strong rental demand and long-term tenant retention. With projected rents of $2,850/month for the upper suites ($2.10/sq ft) and $1,450/month for the lower suites ($2.20/sq ft), and estimated operating costs at 20%, the development is expected to generate approximately $164,000 in net annual income, reflecting a healthy 5.30% capitalization rate. The beauty is that you have plenty of time to get your CMHC MLI Select financing in place for closing! This is a rare opportunity to own a turnkey, low-maintenance investment property in a high-demand location that blends natural beauty with urban access. Contact Robby Khunkhun today to learn more about how this premium development in Capitol Hill can help you achieve your real estate investment goals. With its unbeatable location, modern construction, and strong rental potential, this property is positioned for long-term success and appreciation. The listing price is subjected to GST, which is 100% refundable through the CRA GST/HST rebate program.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
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Acres Seeded:
Acres Tame Hay:
Acres Treed:
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Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
2026 (Age: -)
Bathrooms:
- (Full:-, Half:-)
Plan:
6574AW
New Constr.:
Yes
Structure Type:
Four Plex
Ensuite:
No
Garage:
0
Parking Places:
4
Parking Total/Covered:
4 / -
Capitol Hill
None
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
RCG
Listed Date:
Jun 06, 2025
Days on Mkt:
  • Photo 1: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
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  • Photo 2: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
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  • Photo 12: 1832 27 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2228043
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Listed by Real Broker
Data was last updated June 24, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$1,850,000
Min list price:
$899,000
Max list price:
$12,750,000
Avg days on market:
35
Min days on market:
10
Max days on market:
170
Avg price per sq.ft.:
$464.7
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
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Questions About The Multi-Family Home Investments?
Contact Us Today!


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



What is considered a multi-family home?

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.



What is the difference between a multi-family home and a single-family home?

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.



Are multi-family homes a good investment?

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.



Can I buy a multi-family home with just 5% down?

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.



How does the MLI Select Program work?

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.



What are the financial requirements to qualify for MLI Select?

To qualify, you must have:



What types of multi-family properties does New Homes Alberta work with?

We specialize in duplexes, fourplexes, 8-plexes, mid-sized apartment buildings, and large-scale rental developments.



How do I know if a multi-family property is a good investment?

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.



Do I need to be in Alberta to invest in a multi-family home there?

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.



How do I calculate the expected rental income?

Rental income is based on market rent, unit type, location, and demand. We provide detailed rental market analysis to help investors project cash flow.



Are there any tax advantages to owning a multi-family home?

Yes. Investors can depreciate the property, deduct expenses (mortgage interest, repairs, property management), and use capital gains strategies to reduce taxes.



What zoning laws should I be aware of?

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.

Kevin Tang
























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