Multi-Family Homes in Alberta

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  Invest 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!

• 
  ABOUT Multi-family investment properties
  

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.

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  BENEFITS OF MULTI-FAMILY INVESTING
  

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.

• 
  MULTI-FAMILY PROPERTIES
  

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

Wolf Willow Calgary T2X 5R5

$3,399,888

Multi-Family 6,352 sq. ft. built: 2024

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Status:

Active

Prop. Type:

Multi-Family

MLS® Num:

A2236628

Year Built:

2024

• Photos (50)

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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.

Documents & Links:

Virtual Tour

General Info:

Property Type:

Multi-Family

Property Sub Type:

4 plex

Transaction Type:

For Sale

Possession:

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Possession Date:

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Suite:

Yes

Home Style:

2 Storey, Attached-Side by Side

Total Living Area:

6,351.68 sq. ft.590 m2

Lower Level Finished Area:

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Above Grade Finished Area:

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Taxes:

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Tax Assessed Value:

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HOA Fee Includes:

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Acres Cleared:

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Acres Cultivated:

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Acres Irrigated:

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Acres Leasehold:

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Acres Not Cultivated:

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Acres Freehold:

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Acres Seeded:

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Acres Tame Hay:

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Acres Waste:

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Reg. Size:

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Reg. Size Includes:

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Levels:

Two

Year built:

2024 (Age: 2)

Bathrooms:

- (Full:-, Half:-)

Plan:

2411532

Additional Info:

Basement:

Full, Separate/Exterior Entry

Builder:

Shane Homes

New Constr.:

Yes

Structure Type:

Four Plex

Ensuite:

No

Garage:

Yes

Garage Spaces:

8

Parking:

Quad or More Detached

Parking Places:

8

Parking Total/Covered:

8 / -

City Quadrant:

Southeast

Community:

Wolf Willow

Inclusions:

Upper Units x4: Electric Range, Microwave Hood Fan, Dishwasher, Refrigerator, Washer, Dryer. Lower Units x4: Electric Range, Microwave Hood Fan, Dishwasher, Refrigerator, Washer, Dryer.

Restrictions:

See Remarks

Land Info:

Title to Land:

Fee Simple

Num. of Parcels:

0

Region:

Calgary

Zone:

CAL Zone S

Zoning:

R-Gm

Listing Info:

Listed Date:

Jul 18, 2025

Days on Mkt:

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Listed by Real Broker

Data was last updated July 17, 2026 at 06:05 PM (UTC)

Area Statistics

Listings on market:

40

Avg list price:

$2,869,000

Min list price:

$300,000

Max list price:

$17,250,000

Avg days on market:

64

Min days on market:

3

Max days on market:

364

Avg price per sq.ft.:

$551.63

These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• Josh Clark
• 119 14 ST NW, CALGARY, AB T2N 1Z6
• 1 (403) 305-9167
• Contact by Email

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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Questions About The Multi-Family Home Investments?
Contact Us Today!

Contact Us Today!

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  WHo is NEW HOMES ALBERTA?
  

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

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  WHY NEW HOMES ALBERTA?
  

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.

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  INVESTING IN ALBERTA
  

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:

• 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.

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
• View Listings

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