Why Build a Multi-Unit Home in Calgary?

Why Build a Multi-Unit Home in Calgary?

With rental prices continuing to climb and apartment construction booming it’s no wonder that more and more first-time and everyday investors are looking into building their own multiunit buildings in Calgary. On paper, building a duplex, fourplex, or set of rowhomes seems like a great way to build up and slow urban sprawl, but is Calgary the right city for this type of real estate investment?


Building Multi-unit Homes in Calgary? Yay or Nay?

Essential factors to consider when deciding whether or not to invest in a multi-family building are:

Do Your Market Research. Do the population growth, demographics, and economic conditions require the need for more multi-family buildings? Indicators point to yes, but it's vital to do your owner market research to determine the current and projected demand for more of this type of housing in Calgary.

Gather Your Captial. The cost of your building will depend on the neighbourhood you purchase the land in, the style of building and type of finishes you choose, and additional re-zoning and permitting applications should all be taken into account. Working with a builder with experience building these types of projects will ensure that you don’t end up with any unpleasant financial ‘surprises’.

Know Your ROI. Besides the long game of holding onto real estate and seeing it appreciate, it’s important to note that some areas of the city can bring in higher rents than others. Therefore future income potential in different locations could be a deciding factor for you.

Impact Considerations. At the end of the day, the final stamp of approval from the City of Calgary will be if your new dwelling plans align with their policies and land use guidelines. The planning department will also consider the impact on traffic, community character, and quality of life for neighbouring residents. Working with a reputable builder ensures that your ideation and conceptual designs align with these principles.


FLR Developments: Calgary’s Best Multi-Unit Builder

Planning and building a large investment property like a quadruplex or townhouses need not be left to an experienced builder. If you are in the early stages of prospecting the idea or would like someone to look at your drawings, reach out to our team for a complimentary consultation at 403-980-2205 or by filling out a contact form on our website.


Whether you want a custom luxury home, a stunning lake view spot, or the perfect commercial spot for your new venture, our team makes the process as straightforward, cost-effective, and simple as possible. From planning and design to permits and a third party warranty, we will expertly manage every stage of the process. We take the challenge out of new builds, so you can focus on what’s truly important: achieving your dream.

Want to know more about one of our developments and how we can get your project completed on time and on a budget? Contact us at  (403) 980-2205  or fill in our online form.

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