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

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

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

Edmonton Multifamily for Sale - North

Judicial sale which includes both lots, total of .8 acres. The buildings on the site have had small fires in them and have sat vacant for about 3 years with no services. Each had 12 suites. The site had been approved by the City of Edmonton for 130 unit building. No warranties or representations, buyers will need to do their own due diligence. Property is sold as is where is.

Property Subtype:

Apartment

Date on Market:

2026-04-15

Calgary Multifamily for Sale - Northeast

Sixteen Juliet doors and balconies bring abundant natural light into the building, enhancing its bright and welcoming atmosphere. This well-maintained, four-storey concrete walk-up features 10 above-grade residential suites with an ideal unit mix: six one-bedrooms, two two-bedrooms, and two three-bedroom suites. Each three-bedroom home includes a four-piece main bath and a two-piece ensuite. All suites offer private balconies, with several enjoying the benefit of two. The property provides 10 energized, assigned parking stalls and 10 storage lockers, along with upgraded hallway flooring, steel doors and frames, and durable concrete construction that supports long-term performance and excellent sound attenuation. Ideally positioned near a full range of amenities, the building offers strong tenant appeal and reliable long-term investment value.

Property Subtype:

Apartment

Date on Market:

2026-04-09

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

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

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 - West

This 14-unit mixed-use building offers a strong opportunity in Edmonton’s west-end community of Britannia Youngstown. The property combines well-maintained residential suites with street-level retail, creating diversified and reliable income streams. Positioned along 158 Street, near major transit routes and the Jasper Place Transit Centre, it provides excellent accessibility for tenants and visibility for businesses. With stable occupancy, below-market rents, and an area benefiting from ongoing renewal and infill activity, the asset is well-suited for investors seeking durable cash flow and long-term value growth.

Property Subtype:

Apartment

Date on Market:

2026-03-13

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

Edmonton Multifamily for Sale - North

This is a 2.5 story, wood-frame construction complex. Tar and gravel roof. Hot water heating system. Boiler replaced approx. 25 years ago. Hot water tank replaced approx. 10 years ago. All new windows and patio doors. All balconies replaced with new beams, and decks, finished with pressure treated railings. All units have been upgraded over the last 3 years., some newer one upgraded with vinyl plank flooring and carpet. Long term owners, self managed. Quiet, adult, no pets, no smoking building. Rents could be increased. The building is located in the Prime Northside neighborhood of Westwood. Close to NAIT. Easy access to downtown. Close to Yellowhead Highway. Nice, quiet location surrounded by residential and commercial buildings. Walking distance to commercial strip.

Property Subtype:

Apartment

Date on Market:

2026-02-13

Sturgeon County Multifamily for Sale - Outlying

*** NEW PRICE: LUXURY MANSION IN RIVERSTONE POINTE, A NEWLY-BUILT 5200+ sq. ft. 2-Storey Walkout! Meticulous Superior Finishes: * Grand Entrance Double-Height Foyer, Statement Chandelier, & Travertine Fireplace * Custom Forge 53 Metal Railing & French Doors * Curated Gallery * 3-Floor Elevator * Chef's & Butlers' Kitchens * Ultra High-end Miele Appliances * Italian Island Waterfall Countertop * Soundproof Office + LED Cabinetry * Heated Tiles & Oak-Engineered Floors * Auto Window Blinds * White Marble Vanities * 2000+ sq. ft. Deck + Terrace * His & Her Walk-in Closets * Huge Private Balcony + Upper Floor Terrace (Valley & City Views) * Premium Brizo & Riobel Fixtures * Triple-Glazed Floor-Ceiling Windows + Black-Clad Finish * Lower Level: Gym, Studio, Game Area, Theatre, & Cigar / Wine Room * Guest Suite + Nanny Suite * Integrated Audio & Visual Intercom * 2 A/C Units * TELSCO Alarm Security: 360° PTZ & 14 Extra Cameras * 1600+ sq. ft. Heated Garage Space (East & West Wings with 2 EV Chargers) * Large Driveway & 0.75 Acres * Prominently Featured in Canada-Wide HAVEN Magazine!!

Property Subtype:

Multi Family

Date on Market:

2026-02-09

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

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 - South

QUALITY NEW CONSTRUCTION by PREMIER BUILDER ALAIR HOMES! This 8-unit multi-family complex in the desirable Pleasantview community! Just steps away from Mount Pleasant School (K to 6 with Cogito Program). This property offers an exceptional investment opportunity and is a great addition to your real estate portfolio. This modern 3-STOREY build features a versatile unit mix, of (4) spacious 4-bedroom+den & 3.5-bathroom above-grade units (~1,580 Sqft) and (4) comfortable 2-bedroom, 1-bathroom basement suites (~644 Sqft). High-quality finishes throughout, such as QUARTZ COUNTERS, LVP FLOORING, and in-suite laundry in every unit. Residents enjoy a 5-car parking pad in the back. Perfectly situated on 106 St with a bus-stop out front, easy access to amenities such as Southgate Shopping centre, and close to the U of A; this prime legacy asset is poised for income generation & future appreciation.**Property will qualify for the new 100% GST rebate, purchaser to consult their accountants/advisors***Ready Nov 2026

Property Subtype:

Apartment

Date on Market:

2026-01-28

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 - Central

Property Subtype:

Apartment

Date on Market:

2025-12-18

Edmonton Multifamily for Sale - Central

This is a 2.5 story, wood-frame construction building. Tar and gravel roof. Hot water heating system. Tenants pay for own power. All the hallways have been renovated. All suites have been upgraded with new paint and flooring. Units have new kitchen and bathroom. rents can be increased. There is security camera through the complex. One single detached garage. Fenced yard.

Property Subtype:

Apartment

Date on Market:

2025-12-10

Edmonton Multifamily for Sale - Central

Located in the heart of Westmount, this 12-unit stacked townhome building offers investors a modern, turn-key opportunity in one of Edmonton’s most desirable infill neighbourhoods. Built in 2015, the property comprises six spacious two-bedroom plus den suites (1,382 sq.ft.) and six two-bedroom suites (1,024 sq.ft.), each featuring separate furnaces, hot water tanks, and utility meters, allowing tenants to manage their own services. Designed with quality and longevity in mind, the building is constructed with a wood frame, concrete foundation, acrylic stucco exterior accented with metal siding. Every unit enjoys contemporary interiors with quartz countertops, stainless steel appliances, large windows, laminate and tile flooring, in-suite laundry, and private covered balconies. The property provides one dedicated parking stall per unit plus four visitor stalls, and has maintained historically low vacancy since completion. For more info: 780.446.3638 jesse@edmcre.com

Property Subtype:

Apartment

Date on Market:

2025-11-10

Edmonton Multifamily for Sale - South Central

ADDRESS 10422 81 Ave NW Edmonton, AB LEGAL DESCRIPTION Condominium Plan 1620586 Unit 40 – 1600.6 sf, Condominium Plan 1620586 Unit 80 – Parking Stall BUILDING TYPE Retail/Office ZONING MU (Mixed Use) SPACE AVAILABLE 1,600 sq ft ± PARKING 1 indoor titled parking stall

Property Subtype:

Apartment

Date on Market:

2025-10-30

Calgary Multifamily for Sale - Southwest

Offered for sale in Calgary’s vibrant inner-city community of Bankview, 2311 & 2313 16 Street SW presents a rare investment opportunity with immediate cash flow and long-term upside. This fully leased fourplex features four self-contained units generating a combined rental income of $7,450/month. Situated on a 50x99 ft lot (0.11 acres) and zoned M-CGd72, the property offers contextual ground-oriented multi-residential use. Tenants enjoy proximity to downtown, major commuter routes, and lifestyle destinations like 17th Avenue SW, Marda Loop, and Kensington. With elevated city views, walkable streets, and nearby amenities including Buckmaster Park, the Calgary Tennis Club, and local cafés, Bankview continues to attract strong tenant demand. Recently further reduced to $1,249,000, this turnkey asset is ideal for investors seeking stability, location, and future appreciation.

Property Subtype:

Apartment

Date on Market:

2025-09-15