Apartment Buildings for Sale in Alberta

Calgary Multifamily for Sale - Northeast

Centre Street N at 1406 Centre Street NE presents the opportunity to acquire a 2,476-square-foot office/retail condo positioned on the ground level of a modern six-story, 20-unit multifamily building in Calgary. The condo suite features contemporary finishes and an efficient layout that includes a reception area, four private offices, a boardroom, an open workstation area, a kitchenette, and washrooms. Expansive floor-to-ceiling windows deliver strong natural light and street presence, while prominent Centre Street signage, flexible commercial corridor zoning, and four secured covered parking stalls enhance visibility and functionality. Designed for performance and flexibility, the condo supports professional, medical, service, and retail users seeking a polished, customer-facing environment. Located along Centre Street North, one of Calgary’s primary commercial corridors, 1406 Centre Street NE benefits from immediate access to national and local retailers and service providers, including Tim Hortons, that draw sustained traffic to the area. Prominent signage opportunities and a location at a signalized intersection with over 20,000 daily vehicles provide consistent exposure. Walkable amenities and Calgary Transit routes directly outside the building drive steady foot traffic. The site sits just three blocks from the Trans-Canada Highway and offers a direct connection to Downtown Calgary within 3 kilometres. The setting within a mixed-use multifamily property further strengthens the on-site customer base and daily activity. Serving a growing population of nearly 230,000 within a 5-kilometre radius, projected growth of 17.5%, and annual consumer spending exceeding $12 billion. The office/retail condo presents a rare ownership opportunity within a high-demand corridor, offering long-term stability and upside in a thriving Calgary market.

Property Subtype:

Apartment

Date on Market:

2025-09-16

Edmonton Multifamily for Sale - Downtown

The Parkview Apartments is a three-storey Edwardian-era brick apartment block located on the north side of 97 Avenue adjacent to the Alberta Legislature grounds.. It has value as the first apartment building built in the river flats area along what became known as 97 Avenue in 1914.

Property Subtype:

Apartment

Date on Market:

2026-06-08

Sedgewick Multifamily for Sale

The property is locate in the town of Sedgwick.Sedgewick is a town in central Alberta, Canada. It is located 83 km (52 mi) east of Camrose at the junction of Highway 13 and Highway 869. The Canadian Pacific Railway runs through the town. This is a 2 story - wood-frame construction complex, built on concrete foundation. New membrane roof, Hot water heating system. New hot water tank. Common rea renovated. Each unit has a fridge and stove. Each tenant pays for own power, internet and cable.

Property Subtype:

Apartment

Date on Market:

2026-06-08

Edmonton Multifamily for Sale - Central

Unit is built-out with reception, 7 offices, meeting room, 1 workstation, reception, kitchenette, coffee bar, lounge, and large, 485 SF, private outdoor balcony patio.

Property Subtype:

Apartment

Date on Market:

2026-05-27

Calgary Multifamily for Sale - Northwest

Situated in sought-after West Hillhurst, this purpose-built 5-plex offers a rare turnkey multi-family investment opportunity with strong long-term income potential. Built in 2021, the property features 4,945 sq. ft. of above- grade living space across two buildings, plus a 3,334 sq. ft. underground garage with six parking stalls. Designed for efficiency and low operating costs, the property incorporates hydronic and high-velocity heating systems, rooftop solar panels, spray-foam roof insulation, and R-30+ wall insulation. The unit mix includes one- and two-bedroom suites, each equipped with in-suite laundry, full appliance packages, underground parking, and dedicated storage. With durable, commercial-grade construction, thoughtfully designed common spaces, and fee-simple ownership with no condo fees, this is a premium, low-maintenance asset in one of Calgary’s most desirable inner-city communities. * Multifamily Investment * Apartment Building * Income Property * Investment Property * Calgary Multifamily * West Hillhurst * Executive Residence * Rental Income Welcome to an extraordinary opportunity in one of Calgary's most coveted inner-city neighbourhoods. This architecturally distinguished three-storey executive residence commands immediate attention with its striking façade, soaring ceiling heights, and uncompromising attention to detail throughout. Custom-built to the highest standard, this landmark property seamlessly blends grand family living with a rare income-generating configuration that few properties in the city can match. The main residence spans three full storeys of refined living space, featuring an open-concept chef's kitchen equipped with premium Wolf and Sub-Zero appliances, a statement waterfall island in book-matched quartz, and a butler's pantry. The principal living and dining areas flow effortlessly to a private landscaped terrace via floor-to-ceiling glazing. The upper floors deliver four generous bedroom suites, each with its own spa-inspired ensuite, while the third storey offers a private owner's retreat complete with a wet bar, dual walk-in closets, a steam shower, and a secluded rooftop terrace with unobstructed city and mountain views. A standout feature rarely found in Calgary residential real estate: a six-stall heated underground parkade offering secure, direct access for both residents and suite tenants — a genuine premium in Calgary's climate. The rear of the property hosts four architecturally cohesive legal suites: two thoughtfully designed one-bedroom apartments and two spacious two-bedroom apartments, each with in-suite laundry, private entrance, high-end finishes, and dedicated underground parking.

Property Subtype:

Apartment

Date on Market:

2026-05-21

Calgary Multifamily for Sale - Northwest

This 8-unit concrete apartment building in Tuxedo Park, comprising seven one-bedroom units and one studio, offers a rare turnkey investment with significant value-add potential. The property has undergone over $240,000 in recent capital improvements—including a new high-efficiency hydronic boiler, a full SBS membrane roof replacement, electrical upgrades, and building-envelope and security enhancements—ensuring that all major mechanical and structural work is complete. Currently operated as non-market housing, the asset sits significantly below inner-city market rates, providing immediate rental upside through unit-level cosmetic renovations. Situated just one block north of the future 28th Avenue Green Line LRT station and steps from the Centre Street MAX Green BRT corridor, the property features six energized parking stalls, shared laundry, and a current fire inspection on file, making it a premier transit-oriented acquisition.

Property Subtype:

Apartment

Date on Market:

2026-05-18

Calgary Multifamily for Sale - Southwest

Brand new 10 unit project, with 5 townhouses with 5 legal suites in the form of a triplex and duplex in Shaganappi. Excellent location situated nearby Killarney Aquatic Centre, 17th Ave SW, multiple greenspaces, and other attractive inner city amenities. Both structures include 3 Storey 3 bedroom units with rooftop patios and accompanying legal 1 bedroom and 2 bedroom basement suites. Convenient secured parking in a detached garage with 5 stalls off the back lane. Official addressing is 2912, 2910, 2908, 2902 14 Ave SW and 1445 28 St SW. Townhomes are 1,905 SF Above grade with 700 SF basement suites, and infills are 1,874-1,891 Sf Above Grade with 756 SF basement suites. Expected completion June 2026.

Property Subtype:

Apartment

Date on Market:

2026-05-11

Edmonton Multifamily for Sale - Central

Prime Development Opportunity, 10 unit rooming house, Handyman special, sold as is where is. Excellent redevelopment opportunity in heart of Downtown surrounded by commercial buildings with high visibility and exposure

Property Subtype:

Apartment

Date on Market:

2026-05-11

Edmonton Multifamily for Sale - South Central

The building is a 2.5 story, wood-frame construction and the exterior is brick and stucco. Professionally managed and is well maintained and clean. Units are large and spacious, All adult, clean no pets building and rents can be increased

Property Subtype:

Apartment

Date on Market:

2026-05-08

Edmonton Multifamily for Sale - South Central

ADDRESS 8205 - 85 Ave NW Edmonton, AB LEGAL DESCRIPTION Plan: 7636AJ; Block: 4; Lot: 30 & 31 ZONING RM h16 (Medium Scale Residential) YEAR BUILT 1968 LAND SIZE 0.193 acres ± (781.779 m2 ±) HEATING Hot water boiler PRICE $1,600,000.00 PROPERTY TAXES $10,798.22/yr (2025)

Property Subtype:

Apartment

Date on Market:

2026-04-24

Legal Multifamily for Sale - Outlying

7-UNIT CASH FLOWING MULTI-FAMILY Strong In-Place Income | Rental Upside | Undersupplied Market Excellent 7-UNIT MULTI-FAMILY INVESTMENT OPPORTUNITY in the growing community of Legal, Alberta. This cash-flowing asset offers STRONG IN-PLACE INCOME with significant upside potential in an undersupplied rental market. Fully tenanted with a diverse unit mix consisting of 4 x 2-bedroom, 1 x 3-bedroom, 2 x 1-bedroom, and 1 bachelor suite, providing excellent tenant diversification and stable revenue. Current annual gross income of approximately $96,400 with opportunity to increase rents over time as units turn over to market rates. Strong projected NOI and attractive cap rate potential make this an ideal addition to any investment portfolio. Strategically located within commuting distance to Edmonton, Legal continues to benefit from regional growth and demand for affordable housing. Limited competition in this asset class and increasing interest in secondary markets create compelling long-term upside. A rare chance to acquire a TURNKEY income-producing property with immediate cash flow and future appreciation potential.

Property Subtype:

Apartment

Date on Market:

2026-04-21

Spruce Grove Multifamily for Sale - Outlying

Strategic investors, this is your opportunity to secure three turnkey income properties with seller financing available in one of Spruce Grove’s fastest-growing communities. Located in Prescott, these modern 3-storey income properties are purpose-built for performance and tenant appeal. Each property features a spacious 3-bedroom, 2.5- bath upper suite paired with a fully self-contained 1-bedroom, 1-bath main floor suite, a configuration designed to maximize rental revenue while attracting stable, long-term tenants. Inside, contemporary finishes create an immediate impact. Quartz countertops, clean lines, and bright, open living spaces deliver the modern aesthetic today’s renters expect. Natural light pours through large windows, highlighting thoughtful layouts that balance style with functionality. These are homes designed not only to photograph beautifully, but to rent quickly and retain quality tenants. Each property includes fenced backyards and a double garage, adding everyday convenience and enhancing tenant satisfaction. The outdoor space provides privacy and flexibility, while the garages increase practicality and long-term desirability. Positioned on Pioneer Road, near Highway 16A, with convenient access to shopping, the Prescott Learning Center, Acheson’s major employment hub, and the new $50M Myshak Metro Ballpark, Prescott continues to benefit from strong growth fundamentals and consistent rental demand. Location, accessibility, and modern construction combine to create a resilient investment profile. Adding to the appeal, the vendor is prepared to offer seller financing for a portion of the sale, creating flexibility, improving leverage potential, and allowing investors to structure the acquisition strategically. Whether you’re expanding your portfolio or securing a scalable, low-maintenance asset in a high-growth corridor, this offering checks the boxes for income, location, and opportunity. Opportunities with built-in flexibility like this are rare.

Property Subtype:

Apartment

Date on Market:

2026-04-20

Calgary Portfolio of properties for Sale - Northwest

The portfolio consists of two duplex buildings, each comprising two legally separate sides. Building A and Building B can be sold separately. Building B 3419 & 3421 Cascade Road NW Sold together. Combined Annual NOI: $168,000. Purchase Price: $2,600,000. Annual Rental Income: $168,000 Lease Term: May 2030 Net Lease Structure: Tenant pays utilities, maintenance, and operating expenses Hands-Off Ownership: Minimal landlord responsibilities v Stable income v Non-profit, property-tax-exempt tenant v Reduced operating risk v Predictable returns v Low management burden

Property Subtype:

Multi Family

Date on Market:

2026-04-06

Calgary Portfolio of properties for Sale - Northwest

The portfolio consists of two duplex buildings, each comprising two legally separate sides. Building A and Building B can be sold separately. Building A 3411 & 3413 Cascade Road NW Sold together. Combined Annual NOI: $168,000. Purchase Price: $2,600,000. Annual Rental Income: $168,000 Lease Term: May 2030 Net Lease Structure: Tenant pays utilities, maintenance, and operating expenses Hands-Off Ownership: Minimal landlord responsibilities v Stable income v Non-profit, property-tax-exempt tenant v Reduced operating risk v Predictable returns v Low management burden

Property Subtype:

Multi Family

Date on Market:

2026-04-06

Calgary Multifamily for Sale - Southwest

Price Adjusted! Exceptional opportunity to acquire a 17-unit multifamily building in the highly desirable community of Bowness. Situated on a large 65’ x 140’ corner lot, this property offers strong fundamentals and long-term upside in a prime location. The building consists of all one-bedroom units (17 total), providing a highly desirable and easy-to-manage rental mix. Originally constructed as a 14-unit building, an additional 3 suites were added in the lower level, optimizing the overall layout and revenue potential. Over the years, the property has benefited from numerous upgrades, including newer sliding doors on all units, cosmetic updates throughout many suites, and recently painted common areas, contributing to strong tenant appeal. The site features 14 parking stalls, adding convenience for tenants and enhancing overall functionality. With professional property management already in place, this is a true turnkey investment opportunity ideal for investors seeking a well-located, stabilized multifamily asset

Property Subtype:

Apartment

Date on Market:

2026-03-30

Calgary Multifamily for Sale - Southwest

NEW Price improvement! This is a great investment opportunity in the sought after community of Bowness. This well maintained townhouse complex with condo titles, and NO common area to maintain or pay extra utilities resulting in lower expenses has excellent curb appeal with durable stucco and is very centrally located on bowness road having great access to all the community amenities. Higher quality construction compared to other rental buildings - granite counters, stainless steel appliances, hardwood floors and attractive stained cabinets. You have a superior suite mix with ( 6 –2 bdrm, which range from 850, 900, & 1,300 sqft sizes). (2 – 3 bdrm units which, are 1,350 sqft) units have 1.5 baths or 2.5 baths in some styles!. The tenants love the HEATED UNDERGROUND parkade with 10 parking stalls, PLUS a heated driveway. Lower cost of operating with efficient boiler heating and tenants pay electricity. This 8 unit inner city gem is located within walking distance to transit all amenities, restaurants, public library and one of the most beautiful parks in Calgary - Bowness Park. With a quick commute to work downtown, this asset is accessible for tenants that do not drive. This property also features separate titles for sale in future or you could live in one unit and live mortgage free! Contact your favorite realtor to explore this property today.

Property Subtype:

Apartment

Date on Market:

2026-03-21

Edmonton Multifamily for Sale - South Central

A 4,348 SF daycare center is now for sale/lease near Whyte Ave, offering a rare chance for investors in the childcare industry. This property is easily accessible and highly visible, with its prominent positioning along Saskatchewan Drive. The centre is close to several educational institutions, including Strathcona Nursery School, King Edward Elementary School, and the Academy of King Edward School, making it attractive for families seeking childcare. Development permit has already been approved for a capacity of 90 children. With its unbeatable location and the necessary permits in place, this daycare centre is poised to become a thriving and lucrative business in a family-friendly neighborhood.

Property Subtype:

Apartment

Date on Market:

2026-02-19

Calgary Multifamily for Sale - Northwest

The Arbour Lake development by Viva Homes is a new venture by ATCO Land and Development,representing a unique investment opportunity in one of northwest Calgary’s most desirable communities. Thoughtfully designed multi-unit development offering 16 three-bedroom townhomes, 16 one-bedroom suites, ample parking, and secure bike and stroller storage units. This project comprises 32 residential units—16 three-bedroom townhomes and 16 one-bedroom suites—designed with modern layouts and built using ATCO’s advanced modular construction process. This innovative approach delivers record-speed timelines, cost competitive pricing, and superior quality control, reducing development risk and enabling faster revenue realization.

Property Subtype:

Apartment

Date on Market:

2026-02-02

Edmonton Multifamily for Sale - Central

16 units total - condo conversion is complete, but these are being sold as one 2 basement units, 4 main floor retail units, 5 second floor residential/office units, 5 third floor residential/office units Includes secured parking across the alley in the back

Property Subtype:

Apartment

Date on Market:

2026-02-02

Edmonton Multifamily for Sale - Central

Exceptional Multi-Family Investment Opportunity in Central Edmonton. Located in Spruce Avenue, this well-designed multi-unit property offers over 5,900 sq. ft. of living space across three levels (12 bedrooms and 16 bathrooms) and strong income potential. Each of the four upper units features two spacious bedrooms, each with private ensuites and walk-in closets, along with bright kitchens and comfortable living areas. Two basements are already legal 1-bedroom secondary suites, while the remaining two finished basements, each with a third bedroom, a rec room, and a full bathroom, offer excellent potential for legal suite conversion. All units include in-suite laundry, and the property is complemented by four detached single-car garages. Ideally situated near downtown, schools, hospitals, shopping, and transit, this property is well-positioned to attract and retain quality tenants.

Property Subtype:

Apartment

Date on Market:

2026-01-29

Edmonton Multifamily for Sale - North

Prime value-add investment opportunity in Edmonton’s community of Prince Charles. This well-designed 4-plex offers over 4,200 sq. ft. above grade (8 bedrooms and 12 bathrooms), plus full unfinished basements in each unit, providing a clear path to increased equity and rental income through secondary suite development. Each unit features bright, open-concept main floors with convenient half baths, two large primary bedrooms upstairs, each with an ensuite and walk-in closet, including upstairs laundry for strong tenant appeal. With modern layouts, four detached single-car garages, and a central location close to schools, shopping, and transit, this property is positioned to attract long-term tenants and deliver reliable cash flow. Opportunities of this size and quality with unfinished basements are rare.

Property Subtype:

Multi Family

Date on Market:

2026-01-26

Edmonton Multifamily for Sale - North

*NOW 50% LEASED* From award winning builder Justin Gray Homes - a "Not So Average" 8-plex - featuring 1,314 & 1,279 SF units in a stacked townhouse format, a block from Ada Boulevard - this investment provides long term security as well as faster turn-around on leasing due to the quality, size and location. Four 3-bedroom, 2.5 bathroom units; four 2 bedroom, 2.5 bathroom units; and a five car garage.. All units come with upgraded stainless steel appliances and their own washer/dryer, as well as finished landscaping. Truly a turn-key investment.

Property Subtype:

Multi Family

Date on Market:

2026-01-26

Edmonton Multifamily for Sale - Central

Property Subtype:

Apartment

Date on Market:

2025-12-18