Multifamily in Alberta available for sale
63

Apartment Buildings for Sale in Alberta

Alberta Apartment Building for Sale

More details for Hargate Commercial Condos – Retail for Sale, Edmonton, AB

Hargate Commercial Condos

  • Multifamily for Sale
  • $1,747,000 CAD
  • 2,133 SF
  • 2 Multifamily Properties
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More details for 4504 56A Av, Lloydminster, AB - Multifamily for Sale

4504 56A Av

Lloydminster, AB T9V 1A1

  • Multifamily for Sale
  • $879,000 CAD
  • 3,600 SF
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More details for 9542 142 St, Edmonton, AB - Multifamily for Sale

The Residences - 9542 142 St

Edmonton, AB T5N 2M9

  • Multifamily for Sale
  • $2,950,000 CAD
  • 9,449 SF
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More details for 8720 Franklin Ave, Wood Buffalo, AB - Multifamily for Sale

8720 Franklin Ave

Wood Buffalo, AB T9H 3K8

  • Multifamily for Sale
  • $12,200,000 CAD
  • 66,000 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Smoke Detector

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.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2025-08-25

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More details for 3210 Cornwall Dr, Athabasca, AB - Multifamily for Sale

3210 Cornwall Dr

Athabasca, AB T9S 1P3

  • Multifamily for Sale
  • $9,360,000 CAD
  • 78,000 SF
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More details for 1334-1340 12 Ave SW, Calgary, AB - Multifamily for Sale

The Ravenwood - 1334-1340 12 Ave SW

Calgary, AB T3C 3R9

  • Retail for Sale
  • $620,000 CAD
  • 938 SF
  • 1 Unit Available
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More details for 248 Edwards Dr SW, Edmonton, AB - Multifamily for Sale

Edwards Drive Townhomes - 248 Edwards Dr SW

Edmonton, AB T6X 0R1

  • Multifamily for Sale
  • $12,750,000 CAD
  • 64,480 SF
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More details for 201 1st St SE, Calgary, AB - Multifamily for Sale

Elements on First - 201 1st St SE

Calgary, AB T2G 2G3

  • Multifamily for Sale
  • $12,250,000 CAD
  • 51,579 SF
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More details for 100 Jordan Pk, Red Deer, AB - Multifamily for Sale

HighPark - 100 Jordan Pk

Red Deer, AB T4P 0B6

  • Multifamily for Sale
  • $10,974,000 CAD
  • 55,000 SF
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More details for Point Mckay Gardens Northwest Calgary – Multifamily for Sale, Calgary, AB

Point Mckay Gardens Northwest Calgary

  • Multifamily for Sale
  • $3,200,000 CAD
  • 6,800 SF
  • 4 Multifamily Properties
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More details for 9825 82 Av NW, Edmonton, AB - Multifamily for Sale

The Spanish Monarch - 9825 82 Av NW

Edmonton, AB T6E 1Y7

  • Multifamily for Sale
  • Price Upon Request
  • 27,343 SF
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More details for Creekside Estate, Red Deer, AB - Multifamily for Sale

Creekside Mobile Home Park - Creekside Estate

Red Deer, AB T4N 4E8

  • Multifamily for Sale
  • Price Upon Request
  • 1,004 SF
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More details for 638-640 5 St SW, Calgary, AB - Multifamily for Sale

638-640 5 St SW

Calgary, AB T2V 0M9

  • Multifamily for Sale
  • $1,285,000 CAD
  • 1,789 SF
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More details for 227 31 Av NE, Calgary, AB - Multifamily for Sale

8 units Multifamily FOR SALE - 227 31 Av NE

Calgary, AB T2E 2G1

  • Multifamily for Sale
  • $3,000,000 CAD
  • 5,600 SF

Calgary Multifamily for Sale - Northeast

New Construction 4-Plex | 4 Legal Suites | Inner-City Multifamily Investment Opportunity Investment Type: Residential Multifamily (4 Units) Asset Class: Low-Rise / Infill Multifamily Ownership: Fee Simple 227 31 Avenue NE presents a newly constructed fourplex consisting of four fully self-contained legal suites in a strong inner-city rental corridor of Calgary. This purpose-built multifamily asset offers investors stable income potential with long-term appreciation upside. Property Overview Each unit features: • Open-concept living and dining layouts • Modern kitchens with stone countertops and quality cabinetry • Stainless steel appliance packages • In-suite laundry • Separate entrances • Durable, low-maintenance finishes • High-efficiency mechanical systems The property is designed to minimize operational costs while maximizing rental appeal. Contemporary exterior finishes and professional construction provide long-term durability and strong curb appeal. Investment Highlights • Brand new construction • 4 legal rental suites • Strong rental demand location • Turnkey, income-producing asset • Suitable for conventional or CMHC-insured financing • Ideal for long-term hold investors Location Located in Calgary’s established northeast inner-city corridor, the property provides quick access to: • Downtown Calgary • Major transportation routes • Public transit • Retail and employment hubs • Schools and community amenities The surrounding area continues to see steady redevelopment and intensification, supporting long-term value growth. ? This offering presents a rare opportunity to acquire a new-construction 4-unit residential asset in a supply-constrained inner-city market.

Contact:

CIR Realty

Property Subtype:

Apartment

Date on Market:

2026-02-11

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