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!


Modern multi-family apartment building in Alberta with balconies and landscaping, ideal for MLI Select financing.

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.

Modern multi-family duplex in Alberta with wood siding and glass balconies, qualifying for MLI Select financing.

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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1236 17 Avenue NW
Capitol Hill Calgary T2M 0P8

$3,150,000
Multi-Family 5,476 sq. ft. built: 2025

Main Photo: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
Photo 1: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
Photo 2: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
Photo 3: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
Photo 4: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
Photo 5: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2311508
Year Built:
2025
Welcome to 1236 17 Avenue NW, a rare opportunity to acquire a brand new, purpose built four plex with 4 fully legal basement suites, totalling 8 self contained units in one of Calgary's most strategically located inner city communities. This is not just a property, this is a fully built, turnkey cash flow machine sitting directly opposite SAIT Polytechnic on the high visibility 16th Avenue NW corridor, where tenant demand is as strong and consistent as anywhere in the city. The location is simply unmatched. Situated in Capitol Hill, you are literally steps from SAIT Polytechnic , one of Canada's largest post secondary institutions with over 40,000 students and staff actively seeking quality housing. Add close proximity to the University of Calgary, Foothills Medical Centre, you have a virtually inexhaustible pipeline of high quality tenants- students, healthcare professionals, faculty, and downtown professionals. With downtown Calgary just 12 minutes away, the Jubilee C Train station nearby, and 16th Avenue providing direct arterial access across the city, this location commands premium rents and near zero vacancy year round. The property delivers approx 5500 sq.ft. of above grade living space across 4 beautifully designed two storey townhome style units, each complemented by a fully legal 530 sq.ft. basement suite with its own private entrance. The 4 upper units each offer an open concept main floor with modern kitchen, living and dining areas plus a second floor of with spacious bedrooms and full bathrooms. The 4 legal basement suites each provide 530 sq.ft of bright, efficiently designed living space with fully private, separate entrances. The property also includes a detached 4 car garage plus dedicated mobility storage. From an investment standpoint, Capitol Hill's rental market is driven by persistent post secondary demand, near zero vacancy, Calgary's no-rent-control environment, and continued inner-city intensification. With 8 fully legal, rentable doors in a market where quality supply is chronically constrained, this property is positioned to deliver strong, stable cash flow. This property also qualifies for CMHC MLI Select financing, offering potential access to 95% LTV, 50 year amortization, and significantly enhanced leverage, subject to lender and CMHC approval. Opportunities like this fully built, fully legal, 8 units, steps from SAIT do not come available often. Contact us today and arrange a private showing before this one is gone.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
5,476 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,995 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
2025 (Age: 1)
Bathrooms:
- (Full:-, Half:-)
Plan:
2610072
Foundation:
Poured Concrete
Furnished:
Unfurnished
New Constr.:
Yes
Structure Type:
Four Plex
Roof:
Shingle
Ensuite:
No
Garage:
Yes
Parking:
Quad or More Detached
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Unit
Northwest
Capitol Hill
Fridgex8, Stovex8, Microwavex8, Washerx4, Dryerx4, Washer and Dryer Combox4
None Known
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby
Interior Features:
Granite Counters, Kitchen Island, Open Floorplan, Pantry, Separate Entrance, Tankless Hot Water, Vinyl Windows
Lot Features:
Private
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
RCG
Listed Date:
May 14, 2026
Days on Mkt:
  • Photo 1: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
    Photo 1 of 5
  • Photo 2: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
    Photo 2 of 5
  • Photo 3: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
    Photo 3 of 5
  • Photo 4: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
    Photo 4 of 5
  • Photo 5: 1236 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2311508
    Photo 5 of 5
Listed by Real Broker
Data was last updated July 18, 2026 at 12:05 PM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$2,893,500
Min list price:
$300,000
Max list price:
$17,250,000
Avg days on market:
64
Min days on market:
1
Max days on market:
365
Avg price per sq.ft.:
$560.95
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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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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