Apartment Buildings for Sale in Alberta

Benalto Multifamily for Sale

Sylvan Lake is one of Alberta’s fastest-growing communities, offering investors the rare opportunity to be part of a thriving community built around a stunning 18 km spring-fed lake. This picturesque town balances small-town charm with big-city amenities making it a sought-after destination for families, professionals, and retirees alike. As a 4 season playground, Sylvan Lake attracts steady demand from both residents and visitors. Summer brings boating, beaches, and festivals while winter transforms the lake into a hub for skating, snowmobiling, and winter events. Its central location, just minutes from Red Deer and within easy reach of Calgary and Edmonton, enhances its long-term growth and rental potential. Projected net income is $406,222.

Property Subtype:

Apartment

Date on Market:

2025-12-01

Calgary Multifamily for Sale - Northeast

High-Exposure Main Floor Space with Prominent Signage and Flexible Zoning

Property Subtype:

Apartment

Date on Market:

2025-09-16

Edmonton Multifamily for Sale - Central

6 storey rental building - completed in 2024. Fully leased and stabilized asset in high-demand rental corridor. Concrete and steel foundation. Please call for information package.

Property Subtype:

Apartment

Date on Market:

2025-09-02

Calgary Multifamily for Sale - Downtown

8 strata-titled units (retail podium in Verve) 15 underground stalls (separately titled units)

Property Subtype:

Apartment

Date on Market:

2023-11-24

Calgary Multifamily for Sale - Beltline

This heritage building is property tax exempt! You pay NO property tax. A rare opportunity to own a beautiful 22-unit heritage building in the Beltline that has been restored. Built in 1909, it was extensively renovated in 2014 with everything done up to code, it’s turn-key. Major upgrades in 2014 include brand new electrical, plumbing, sprinkler system, 2 boilers that will last decades, 2 hot water tanks, make up air unit, flooring, kitchens, bathrooms. Roof was done in 2017, with metal and bitumen that will also last decades. There are 24 security cameras throughout the building. Common laundry room with Coinmatic washer and dryer. 2 parking stalls at the back. These units are small, roughly 300sqft each, which makes for affordable rents. Under the CMHC MLI Select program there is excellent leverage available, buildings like this would qualify for a borrower to get into a property with as little as 5% down. Unit mix consists of 1 x 2 bed, 18 x 1 bed, and 3 x bachelor units. It’s designated heritage which means there are grants with the City of Calgary for restoration and rehabilitation that will reimburse you up to 50% of the total approved project cost. *There is a government grant contract in place that requires rents to remain 10% below the CMHC benchmark for the Beltline; however, the rents are already well below that threshold. The new owner must get approved to take over this contract; it goes until 2034. This heritage building has lots of character and is easy to rent, tenants appreciate character buildings and the rents are affordable in the heart of downtown.

Property Subtype:

Apartment

Date on Market:

2025-12-18

Crossfield Multifamily for Sale - Rocky View County & Outlying

Property Subtype:

Apartment

Date on Market:

2025-12-11

Calgary Multifamily for Sale

A rare inner-city commercial opportunity in the heart of Mount Pleasant, one of Calgary's most desirable mature communities. The townhouse project was built by the owner for long-term family use, resulting in a higher standard of craftsmanship, careful material selection, and exceptional attention to detail throughout. Situated on a 50’ x 120’ corner lot, this modern 4 row townhouse development offers a total of 6 units with income flexibility, quality construction, and an A+ location — all without the noise and congestion of a major thoroughfare. Each townhouse unit offers over 2,000 sqft of development, 3 bedrooms, 4.5 bathrooms and a detached single-car garage. The end units offer a studio suite, while the interior units offer a developed basement. Designed by respected Calgary architect John Trinh & Associates. Ideal for investors, portfolio holders, or future individual resale stratification. 741 21 Avenue NW, 2126 7 Street NW, 2124 7 Street NW & 2122 7 Street NW

Property Subtype:

Apartment

Date on Market:

2025-12-09

Banff Multifamily for Sale

Eldoria Residences offers a rare and extremely limited opportunity to acquire a fully presold 10-unit townhouse portfolio in the heart of Banff, Alberta. These brand-new 3-bedroom, 2-bathroom homes deliver luxury finishes, modern layouts and private one-car garages all just a 3-minute walk from downtown shops, restaurants, and the natural beauty that defines Banff. From a market and investment standpoint, Banff remains one of Canada’s most stable and supply-constrained real estate ecosystems with very few new developments and consistent demand driven by tourism, seasonal workers, and year-round residents tied to park operations. Long-Term Holdings / Rental Income: Ideal for investors seeking steady income from Banff’s consistently strong rental demand either targeting workforce housing (park employees, staff) or long-term residential tenants. Buy-and-Hold with Value Appreciation: Given Banff’s supply limitations, owning new product in 2025–2026 likely leads to capital appreciation over time as older stock ages and price per square foot in Banff continues to rise. Future Disposition / Partial Sell-Off: Because units are structured uniformly, a buyer could hold some for cash flow and sell others for capital gains — offering flexibility and liquidity. Institutional / Portfolio Diversification: For investors wanting exposure to low-vacancy, high-demand resort/town real estate, Eldoria Residences offers a turnkey, diversified, and geographically unique multi-unit asset — potentially resistant to typical urban market cycles. Contact us today for more information on rental rates and more.

Property Subtype:

Apartment

Date on Market:

2025-12-09

Calgary Multifamily for Sale - Downtown

Situated in a high-demand area with excellent visibility and strong surrounding traffic, this turnkey opportunity provides exceptional long-term potential in one of Calgary’s most sought-after commercial corridors.

Property Subtype:

Apartment

Date on Market:

2025-12-05

Taber Multifamily for Sale

This three-storey, 29-unit walk-up apartment building offers a strong investment opportunity in the growing community of Taber. Constructed in 1980 and extensively renovated, the property is in excellent condition and designed for long-term durability and tenant appeal. The suite mix includes 11 one-bedroom and 18 two-bedroom apartments, each featuring a living room, dining area, kitchen, storage and linen closets, and a four-piece bathroom. Above-grade units enjoy private balconies with sliding patio doors, while common areas include concrete BBQ patios for resident use. The grounds are thoughtfully landscaped with mature trees, in-ground sprinklers, and perimeter fencing, complemented by concrete walks, drives, and parking areas. Residents benefit from 56 energized parking stalls and well-maintained outdoor spaces that enhance curb appeal. Recent upgrades include a new torch on roof and a new ventilation system installed in 2016, ensuring efficient building performance. Heating is provided through hot water baseboard systems, supported by 400-amp electrical service, separate meters, hot water tanks, and a forced-air furnace for pressurized hallways. Additional income is generated through on-site laundry facilities, averaging approximately $45 per unit per month. With its combination of modernized infrastructure, established landscaping, and proven revenue stream, this property represents a compelling multi-family investment in a stable and desirable market.

Property Subtype:

Apartment

Date on Market:

2025-12-04

Lloydminster Multifamily for Sale

This 8-suite apartment rental building is just the opportunity you have been looking for. There are 5 (2 bedroom) units and 3 (1 bedroom) unit in the building. This building has been well maintained over the years with improvements and upgrades to the heating system, added insulation in attic space, PVC windows, metal roofing- three suites have been renovated over the last few years, with one suite undergoing an entire makeover in the last 2 years. The building has two units that have been rented as Airbnb short term rentals with the balance of the units rented on monthly rental agreement. This is a well-managed building that generated total income from July 1, 2024- June 30, 2025, at $141,229.45 - after airBnb cleaning/hallway cleaning, snow removal and lawn care, property management, garbage, building insurance, property tax, utilities and repair and maintenance this building generated a total revenue of 80,073.00. Located in a quiet residential neighborhood, surrounded by a stable residential subdivision, this 8 suite building is a perfect investment that requires minimal effort to maintain. MLS # A2273578

Property Subtype:

Apartment

Date on Market:

2025-12-03

Grande Prairie Multifamily for Sale

INVESTMENT OPPURTUNITY FULLY OCCUPIED Mixed use building features 2 commercial units and 7 residential apartments in the heart of downtown Grande Prairie. Commercial tenants are very long term and residential units always in high demand giving you long term reliable cashflow. Tenant parking located behind the building. Also has coin operated laundry for additional income. Priced to sell at an attractive 8% cap rate.

Property Subtype:

Apartment

Date on Market:

2025-09-16

Edmonton Multifamily for Sale - South

Property Subtype:

Apartment

Date on Market:

2025-09-02

Calgary Multifamily for Sale - Southwest

This well-maintained 5-plex offers an exceptional opportunity for investors in the highly sought-after neighborhood of Bowness. This property combines convenience with solid returns, producing just under 5% CAP rate. 4/5 units are currently occupied with month-to-month tenants, providing flexibility for rental adjustments or redevelopment. Situated close to schools, parks, shopping, and transit, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-generating asset in a fantastic location. Don't miss this chance to secure a valuable piece of Calgary's thriving rental market.

Property Subtype:

Apartment

Date on Market:

2024-12-03

Wood Buffalo Multifamily for Sale

Franklin Place presents a compelling turnkey investment opportunity in the heart of Fort McMurray, Alberta’s energy capital. This fully renovated mixed-use property features 44 residential units and 12 commercial bays totaling 16,837 square feet of retail and office space. With 100% occupancy across both components, the asset delivers immediate in-place cash flow and long-term upside potential. The residential suite mix includes bachelor, one-bedroom, and bi-level two-bedroom units, with shared laundry, large balconies, in-suite storage, and 9-foot ceilings. Commercial tenants benefit from air-conditioned bays and high visibility along Franklin Avenue, the city’s primary commercial corridor. The building underwent extensive renovations in 2019, including new mechanicals, modernized interiors, updated roofing, and refreshed common areas, minimizing near-term capital requirements. Strategically located within walking distance of major amenities such as Walmart, Canadian Tire, and Northern Lights Regional Health Centre, the property offers direct access to Highway 63 and public transit routes. The surrounding neighborhood supports a stable tenant base of healthcare professionals, tradespeople, and students. Fort McMurray’s multifamily fundamentals are strong, with average household incomes nearing $189,000, a 4.9% annual population growth, and tightening rental vacancy rates. With residential rents currently averaging 20% below market, investors have a clear path to revenue growth through lease turnover and rate optimization.

Property Subtype:

Apartment

Date on Market:

2025-08-25

Calgary Multifamily for Sale - Northeast

Welcome to this income-generating, fully rented 4-plex offering a total of 10 bedrooms, 10 full bathrooms, 1 half bathroom, plus a versatile flex room. This unique and well-thought-out floor plan showcases tasteful finishes, large windows providing ample natural light, and a heated underground garage with parking for five vehicles. Breakdown of Units: Unit A (613 3 Ave NE): 1 Bedroom + Flex Room, 2 Full Bathrooms, approx. 1,213 SQFT Unit B (607 3 Ave NE): 3 Bedrooms, 3.5 Bathrooms, approx. 1,784 SQFT Unit C (611 3 Ave NE): 4 Bedrooms, 3 Full Bathrooms, approx. 2,131 SQFT Unit D (609 3 Ave NE): 2 Bedrooms, 2 Full Bathrooms, approx. 1,156 SQFT Total: approx. 6,253 SQFT (all sizes and details are approximate and subject to verification).

Property Subtype:

Apartment

Date on Market:

2025-08-12

Edmonton Multifamily for Sale - Downtown

Reduced price which includes 3 parking stalls (valued at $50K each - based on potential income if rented) Quality improvements and access to the heart of downtown Edmonton.

Property Subtype:

Apartment

Date on Market:

2025-07-31

Athabasca Multifamily for Sale

Cornwall Place is a seventy-eight suite apartment complex located at 3210 Cornwall Drive in Athabasca, Alberta. There is a forty suite apartment building, and thirty-eight townhome style suites. The apartment building is a three and a half storey walk-up, wood-frame construction building. The townhomes are two-storey, wood-frame construction buildings. They were built in 1985. Parking is surface and paved. The total suite mix in the apartment building is 11 one-bedroom suites and 29 two-bedroom suites. The townhome suites are all three-bedroom suites. One two-bedroom suite in the apartment building is being used as an office, but can be converted back to a 2 bedroom suite. Eleven of the suites have been renovated, with the exception of the kitchen cabinets. The townhome suites have unfinished basements and in-suite laundry. All power is paid for individually by the tenants. The roofs on the buildings were replaced 18 years ago.

Property Subtype:

Apartment

Date on Market:

2025-07-23

Calgary Multifamily for Sale - Northwest

CDNGLOBAL is pleased to present WH05, an exclusive opportunity to acquire a collection of seven fully-leased, contemporary townhomesin the heart of West Hillhurst—one of Calgary’s most established and sought-after inner-city neighbourhoods. This boutique multifamily asset delivers immediate cash flow with long-term upside through future stratification and potential individual resale. Each thoughtfully designed, three-storey home includes three bedrooms, 3.5 bathrooms, a private garage, and a rooftop patio, blending architectural style with durable, low-maintenance finishes. The property has been well maintained since completion and benefits from strong in-place tenancy in a supply-constrained rental market. Ideally located just minutes from downtown, the Bow River pathway system, and the amenities of Kensington, WH05 offers a rare mix of stability, location, and built-in flexibility—making it a compelling urban investment opportunity with both income and future exit potential.

Property Subtype:

Apartment

Date on Market:

2025-06-12

Edmonton Multifamily for Sale - South Central

- Minutes from Whyte Avenue (82 Avenue) - Ideal for professional services (i.e. lawyers, accountants, engineers, etc.) - Reception area, four (4) offices, one (1) boardroom, and washrooms with shower - Modern renovations and fully air conditioned office area

Property Subtype:

Apartment

Date on Market:

2025-05-12

Edmonton Multifamily for Sale - Downtown

Retail condo at the bottom of multi-family building. Perfect for Servicing business. Quick possession available.

Property Subtype:

Apartment

Date on Market:

2025-03-18

Edmonton Multifamily for Sale - South

Edwards Townhouses are located at 248 Edwards Drive in Edmonton, Alberta. It is a seven building townhouse complex with a total of 44 units. It was built between 2012-2014. Each unit is two stories, with 3 bedrooms and 2.5 bathrooms. All units are above grade and there are no basements. Each unit has a single attached garage. The total square footage of each unit, excluding garage, is 1,183 square feet. 95 Total Parking Stalls. 3.17 Acre Site. The exterior involves primarily vinyl siding as well as stone detailing and asphalt shingles on peaked roofs. Additional site improvements include perimeter landscaping, walkways, fencing, curbing, and light poles.

Property Subtype:

Apartment

Date on Market:

2025-03-06

Edmonton Multifamily for Sale - Central

Located on the main floor of the Glenora Gates building, directly facing 104 Avenue, this unit offers a dynamic environment for your business.

Property Subtype:

Apartment

Date on Market:

2025-01-28