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4-Plex Properties for Sale in Alberta

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Row / Townhouse for sale: 1, 1613 4 Street NW, Calgary

32 photos

$499,988

1, 1613 4 Street Nw, Calgary (Rosedale), Alberta T2M 2Z1

2 beds
2 baths
44 days

Welcome to the inner-city gem you've been waiting for! Nestled in the sought-after community of Rosedale, this spacious 2-bedroom + den, 2-bathroom townhome offers nearly 1,900 sq. ft. of living space in a well-maintained 4-plex complex with low condo fees of just $250/month.The bright and

Row / Townhouse for sale: 4, 1218 2nd Avenue, Canmore

50 photos

$1,298,000

4, 1218 2nd Avenue, Canmore (Teepee Town), Alberta T1W 1N1

3 beds
4 baths
1 day

Located in a brand new 4-plex, where custom design with a focus on quality building practices combine to create comfort & value. On the quiet side of 2nd Avenue, this bright, modern full height, 3 storey townhome offers the ultimate in access to downtown & nature with walking paths close by.

Row / Townhouse for sale: 4, 200 Parkview Crescent W, Bow Island

5 photos

$414,900

4, 200 Parkview Crescent W, Bow Island, Alberta T0K 0G0

2 beds
2 baths
49 days

BRAND NEW, low-maintenance living in the new Parkview Crescent with NO CONDO FEES and the additional bonus of a $7500 property tax credit with the Town of Bow Island! Welcome to Parkview Crescent, Bow Island's newest subdivision, where modern design meets small-town comfort. This brand-new

7446 & 7448 24 Street SE, Calgary

34 photos

$999,000

7446 & 7448 24 Street Se, Calgary (Ogden), Alberta T2C 0Y6

5 beds
2 baths
23 days

Excellent Investment Opportunity! Situated in the desirable community of Ogden, a central community in the city of Calgary, this well maintained up-down legal 4-plex boasts 2 upper units with 3 bedrooms, kitchen, dining room, living room, 4-piece main bathroom, balcony, and in suite laundry

9001,9005,9009 92 Avenue, Grande Prairie

11 photos

$1,080,000

9001,9005,9009 92 Avenue, Grande Prairie (Cobblestone), Alberta T8X 0H1

0 beds
0 baths
65 days

Lots of options for this multi family site in the heart of Cobblestone. Close to school, Tim Hortons, convenience store, car wash, and only a few blocks away from Freshco, Shoppers Drug Mart and other neighborhood retailers. Many available options for development from apartment buildings,

House for sale: 2040 46 Street SE, Calgary

33 photos

$679,888

2040 46 Street Se, Calgary (Forest Lawn), Alberta T2A 1L1

4 beds
2 baths
9 days

This is an incredible opportunity for investors, developers, and builders. This rare RC-G zoned, CORNER LOT with a back-lane. The lot measuring 55X120 feet, over 6598 square feet, offering great opportunity to develop a 4-plex, or 8 units, two duplexes with legal suite, row townhouse, and

4740 51 Avenue, Whitecourt

3 photos

$119,000

4740 51 Avenue, Whitecourt, Alberta T7S 1W6

0 beds
0 baths
256 days

C-6 zoning approved for a 4 plex, can also be retail.. Serviced Lot, downtown excellent location across from post office. (id:27476)

Multi-Family for sale: 5004 Stanley Road SW, Calgary

14 photos

$1,150,000

5004 Stanley Road Sw, Calgary (Elboya), Alberta T2S 2R5

0 beds
0 baths
30 days

Welcome to an excellent investment opportunity in the heart of Elboya. This 4-plex features four well-maintained, fully rented units, each offering 2 bedrooms, a bathroom, spacious living room, modern kitchen, and a dining area. This property not only promises immediate cash flow but also

Row / Townhouse for sale: 5507 52 AvenueClose, Innisfail

47 photos

$344,900

5507 52 Avenueclose, Innisfail (Dodds Lake), Alberta T4G 0A1

4 beds
3 baths
40 days

Charming Bungalow-Style 4-Plex units backing onto greenspace, located in a quiet close, and just steps from Dodd’s Lake! These custom built homes, have been tenant occupied since being a new build. These properties present as an excellent investment opportunity, and are currently all

2629 & 2631 25 Avenue SW, Calgary

18 photos

$1,195,000

2629 & 2631 25 Avenue Sw, Calgary (Killarney/Glengarry), Alberta T3E 0K2

7 beds
3 baths
43 days

RENOVATED FULL-DUPLEX on a large 50 x 125ft CORNER LOT IN KILLARNEY!! Potential to turn this property into a 4-PLEX, or take advantage of the H-GO ZONING, and build a much larger MULTI-FAMILY project!! Each side MAIN FLOOR has 3 bedrooms, a full bathroom and main floor laundry, for a total

House for sale: 2202 41 Street SE, Calgary

34 photos

$595,000

2202 41 Street Se, Calgary (Forest Lawn), Alberta T2B 1C7

4 beds
2 baths
10 days

INVESTOR, BUILDER, AND DEVELOPER ALERT! Don’t miss out on this exceptional opportunity to own a rare corner lot with a back lane, measuring 50 x 121.99 ft (15.23 x 37.18 meters) and zoned RC-G in a highly sought-after area. The lot size is approximately 6,092 sq. ft. (571 m²) in total.

Duplex for sale: 10118 103 Avenue, Grande Prairie

13 photos

$179,900

10118 103 Avenue, Grande Prairie (Avondale), Alberta T8V 1c1

3 beds
1 baths
45 days

3 bed 1 bath half duplex on an RT zoned lot in Avondale with back alley access, the neighboring duplex 10116 is also for sale, own both, also a 4 plex is for sale next door as well(A2192141)! This basic duplex is currently rented month to month for $1300 plus utilities so possession could

Multi-Family for sale: 1003 Cameron Avenue SW, Calgary

50 photos

$2,490,000

1003 Cameron Avenue Sw, Calgary (Lower Mount Royal), Alberta T2T 0K2

0 beds
0 baths
122 days

Exceptional Investment Opportunity: 4-Plex-Bungalow House with 3 Attached Townhouses in Prime Mount Royal Location!Introducing a unique and remarkable 4-plex at 1003 Cameron Ave SW, perfectly nestled in the sought-after Lower Mount Royal neighbourhood. This prime real estate boasts an unbeatable

423 Meadowlark Way, Vulcan

2 photos

$46,000

423 Meadowlark Way, Vulcan, Alberta T0L 2B0

0 beds
0 baths
805 days

Four vacant side by side 4-plex lots located in the Meadowlark Way Condominium Association. This condo association is for residents age 25 and up, with no children. These four lots are being sold together as a package (id:27476)

House for sale: 2401 40 Street SE, Calgary

35 photos

$599,900

2401 40 Street Se, Calgary (Forest Lawn), Alberta T2B 1C1

5 beds
2 baths
20 days

An incredible opportunity for investors, builders, and developers, this rare RC-G zoned CORNER LOT with a back lane spans 50 x 126 feet, offering the potential to develop a 4-plex with legal suites for up to eight units, subject to city approval. Located on a quiet street just a few blocks

House for sale: 27 Atlanta Crescent SE, Calgary

25 photos

$749,900

27 Atlanta Crescent Se, Calgary (Acadia), Alberta T2J 0X9

4 beds
4 baths
1 day

OPEN HOUSE SATURDAY APRIL 5TH 2:00 PM TILL 4:00 PM. This home is renting $1900 down and $2100 up. Basement is vacant and upstairs will be vacant May 3rd. This property also has development potential. The city says you can't build a 8 plex but you can build a 4 plex. A duplex with legal basement

10820 100 Avenue, High Level

1 photos

$72,500

10820 100 Avenue, High Level, Alberta T0H 1Z0

0 beds
0 baths
805 days

The need for multi family rental properties in High Level, has never been more needed than now. This vacant lot offers exactly that. The opportunity to build a great 4 plex is ready for a developer. Looking for a great neighborhood? This is it. Located close to the hospital, dog park,

House for sale: 155 Erin Road SE, Calgary

30 photos

$569,900

155 Erin Road Se, Calgary (Erin Woods), Alberta T2B 3H4

5 beds
2 baths
23 days

INVESTOR ALLERT, FIRST TIME BUYER ALERT!!! LIVE UP RENT DOWNSTAIRS. 5 HUGE BEDROOMS WITH SEPERATE ENTRANCE FOR THE BEAUTIFUL 2 BEDROOMS ILLEGAL BASEMENT SUITE.THIS HOME IS VERY BEAUTIFULL AND CLOSE TO ALL AMENITIES. HUGE BACK LOT FOR FUTURE 4 PLEX. (id:27476)

Row / Townhouse for sale: 1117 30 Street, Wainwright

7 photos

$879,900

1117 30 Street, Wainwright, Alberta T9W 0A9

3 beds
3 baths
65 days

Well maintained 4-plex in prime location. All four 1,040 Sq.Ft. units are currently occupied showing a good ROI. Each unit is tastefully finished and showcases 3 good sized bedrooms, 3 bathrooms, vinyl flooring through main level & carpet in basement & bedrooms. Open & bright floorplan

261 Hendon Drive NW, Calgary

1 photos

$799,900

261 Hendon Drive Nw, Calgary (Highwood), Alberta T2K 1Z4

0 beds
0 baths
69 days

Vacant lot 60; X 100 in the desirable area of Highwood, R-CG zoning. home as been removed, 4 plex with 4 suites can be built. Old home removed ready for future development to start. Close to schools, bus, shopping, green spaces & all other amenities. Bring an offer, quick possession (id:27476)

Row / Townhouse for sale: 2110 23 Avenue, Bowden

12 photos

$499,000

2110 23 Avenue, Bowden, Alberta T0M 0K0

3 beds
2 baths
43 days

For more information, please click Brochure button. This attractive 4-plex, located in Central Alberta, offers much, is fully rented with long-term tenants. Well-designed floor plan. The lower level includes 2 comfortable bedrooms and a full bathroom, while the upper level boasts an open-concept

House for sale: 1804 18 Avenue NW, Calgary

17 photos

$950,000

1804 18 Avenue Nw, Calgary (Capitol Hill), Alberta T2M 0X5

3 beds
2 baths
1 day

DP APPROVED & Ready to Build: Prime 3-PLEX with Legal Basement Suites! Discover this beautiful CORNER LOT situated on a quiet street in Capitol Hill, perfect for a multi-family development. This property is MLI-SELECT eligible and comes with development permits already APPROVED, saving you

Multi-Family for sale: 112 5 Avenue, Strathmore

25 photos

$1,150,000

112 5 Avenue, Strathmore (Downtown_Strathmore), Alberta t1p 1b7

0 beds
0 baths
50 days

Now's your chance to own an income generating, residential 4 plex in Strathmore. The owners built the building in 2009 and have owned and managed it ever since and are now looking towards retirement. Strathmore has a thriving downtown area with Kinsmen park, it is walking distance to all the

Duplex for sale: 10116 103 Avenue, Grande Prairie

18 photos

$179,900

10116 103 Avenue, Grande Prairie (Avondale), Alberta T8V 1c1

3 beds
1 baths
45 days

3 bed 1 bath half duplex on an RT zoned lot in Avondale with back alley access, the neighboring duplex 10118 is also for sale, own both, also a 4 plex is for sale next door as well(A2192141)! This basic duplex is currently rented month to month for $1100 plus utilities so possession could

5143 48 Street, Innisfail

5 photos

$120,000

5143 48 Street, Innisfail (Downtown Innisfail), Alberta T4G 1M2

0 beds
0 baths
84 days

What an investment / development opportunity! This vacant lot is zoned R-3. As per the Town of Innisfail, R-3 is defined as Residential High Density District. This makes it ideal for multi-family residential development such as apartments, townhouses, condominiums or a 4-Plex. With this in

Row / Townhouse for sale: 5505 52 AvenueClose, Innisfail

49 photos

$344,900

5505 52 Avenueclose, Innisfail (Dodds Lake), Alberta T4G 0A1

4 beds
3 baths
37 days

Charming Bungalow-Style 4-Plex units backing onto greenspace, located in a quiet close, and just steps from Dodd’s Lake! These custom built homes, have been tenant occupied since being a new build. These properties present as an excellent investment opportunity, and are currently all

House for sale: 6516 35 Avenue NW, Calgary

16 photos

$849,900

6516 35 Avenue Nw, Calgary (Bowness), Alberta T3B 1S8

3 beds
2 baths
46 days

Here's an EXCEPTIONAL 11,494 Sq Ft Lot (50' x 229.88') in SIZE that has 2 LOCATIONS – FRONT & BACK ACCESS which could be a POSSIBLE 4-PLEX in BOWNESS for all your BUILDING needs incl/HEATED Detached Garage/SHOP 16.5' X 52' 824 Sq Ft (4 Vehicles), a SHED, a 19'6" X 14'6" DECK, + a 22'

Fourplex for sale: 4529 50 AV, Cold Lake

48 photos

$349,900

4529 50 Av, Cold Lake, Alberta T9M 1Y8

3 beds
4 baths
133 days

This is a multifamily property with positive income potential for the right investor. The property consists of 4 units of 3 bedrooms each, with 1 bedroom on the main floor and with a full bath and 2 more bedrooms on the lower level. There is also a storage area in each unit of about 6' x 8',

Multi-Family for sale: 4211 Bow Trail SW, Calgary

22 photos

$1,550,000

4211 Bow Trail Sw, Calgary (Rosscarrock), Alberta T3L 2G1

0 beds
0 baths
62 days

6 plex in Rosscarrock 4 -1BR, 1 2BR, 1 3BR. The 2 BR is a furnished unit. Owners pay electrical for the 2 BR, tenants pay their own electrical for all other units. There have been many recent cosmetic upgrades to the suites and the exterior landscaping. In 2021 upgrades include

Row / Townhouse for sale: #3 9648 106 AV NW, Edmonton

37 photos

$289,900

#3 9648 106 Av Nw, Edmonton, Alberta T5H 0N4

3 beds
2 baths
50 days

An affordable townhouse in a multi-family 4-plex located near DOWNTOWN EDMONTON. Nestled at the edge of the highly anticipated Downtown Arts District, Royal Alberta Museum, and Canada Post office, this residence provides seamless access to City Hall, Citadel Theatre, Jasper Avenue, and Rogers

House for sale: 11 Beaupre Crescent NW, Calgary

24 photos

$598,800

11 Beaupre Crescent Nw, Calgary (Bowness), Alberta T3B 2S9

3 beds
1 baths
63 days

**LOWEST PRICED HOME IN BOWNESS!!** ATTENTION BUILDERS, DEVELOPERS & HOME RENOVATORS!! ARCITECT DRAWINGS for a 6 PLEX INCLUDED!! This HUGE pie shaped lot is zoned RC-G and is the perfect opportunity for a 6+UNIT TOWNHOME DEVELOPMENT (with city approval) + it is located right beside a GREEN

Duplex for sale: 8123- 8125 83 AV NW, Edmonton

75 photos

$924,900

8123- 8125 83 Av Nw, Edmonton, Alberta T6C 1A7

10 beds
6 baths
32 days

This fully renovated legal 4-plex in Idylwylde generates $6,300/month, making it a turnkey investment. Three of the units offer 3 bedrooms, while one basement unit features 2 bedrooms. The upper suites include 1.5 baths, and the basement suites have 1 full bath. Over $230,000 has been invested

Fourplex for sale: 5014 52 AV, Glendon

48 photos

$389,500

5014 52 Av, Glendon, Alberta T0A 1P0

7 beds
4 baths
35 days

Turnkey Investment Opportunity!!!!This fully rented 4-plex is a low-maintenance, high-potential investment with long-term leases already in place. Situated on a quiet cul-de-sac in Glendon, Alberta, this property sits on a spacious double lot and features: • Three 2-bedroom units & one

House for sale: 9621 101 ST NW, Edmonton

4 photos

$499,900

9621 101 St Nw, Edmonton, Alberta T5K 0W7

1 beds
3 baths
155 days

Infill lot in the desirable neighborhood of Rossdale with view of Legislature Building. Could be renovated to maintain a livable home. Has Jacuzzi and Sauna. Available for quick possession. Zoned for infills, and can accommodate a duplex or front to back 4-plex. (id:27476)

Duplex for sale: 8504 121 AV NW, Edmonton

54 photos

$850,000

8504 121 Av Nw, Edmonton, Alberta T5B 0Z2

10 beds
4 baths
37 days

LEGALLY SUITED! 10 Bedrooms side by side DUPLEX and a DOUBLE GARAGE! Located on a 50x148 Sq ft CORNER Unit! COMPLETELY RENOVATED with 4 high end kitchens, Stainless Steel appliances, redone bathrooms, new flooring, paint and baseboards. Other improvements include a 2011 roof, Vinyl Windows,

Row / Townhouse for sale: 1, 4729 49 ST, Drayton Valley

24 photos

$255,000

1, 4729 49 St, Drayton Valley, Alberta T7A 1J1

3 beds
3 baths
40 days

Here's your chance to buy a newer 2-storey home, (4-plex), in the heart of town close to schools, stores and Playgrounds! This home has 3 spacious bedrooms upstairs with a 4th potential bedroom in the basement. The main floor is open concept with stainless steel applinces in the kitchen and

Apartment for sale: 1-6, 2711 20 Street, Delburne

6 photos

$495,000

1-6, 2711 20 Street, Delburne, Alberta T0M 0V0

0 beds
0 baths
25 days

Excellent Investment opportunity! This well-maintained and fully leased 6-plex in the Village of Delburne is available for sale. The building is professionally managed and includes (2) 1 bedroom units and (4) 2 bedroom units. Three of the units have in-suite laundry. There is a private (6)

Fourplex for sale: 8205 115 AV NW, Edmonton

22 photos

$690,000

8205 115 Av Nw, Edmonton, Alberta T5B 4P1

3 beds
2 baths
74 days

EXCEPTIONAL INVESTMENT OPPORTUNITY awaits in the highly sought-after neighborhood of Parkdale in Edmonton! This meticulously designed 4-plex is strategically positioned on an expansive corner lot, offering unparalleled potential for astute investors. The property boasts ample rear parking,

5129 51 Street, Olds

8 photos

$160,000

5129 51 Street, Olds, Alberta T4H 1H1

0 beds
0 baths
43 days

An exceptional development opportunity awaits with this bare lot, ideally located in the vibrant Uptown area of Olds, Alberta. Measuring at 50 feet across and 120 feet deep, this property offers great commercial/residential development potential.Property Highlights: Allows for: mixed-use development

Multi-Family for sale: 4209 Bow Trail SW, Calgary

27 photos

$1,475,000

4209 Bow Trail Sw, Calgary (Rosscarrock), Alberta T3C 2G1

0 beds
0 baths
74 days

Discover this exceptional investment opportunity in the sought-after community of Rosscarrock. This turn-key, renovated 6-plex features a versatile unit mix: 1 x 3-bedroom, 1 x 2-bedroom, and 4 x 1-bedroom units. Each unit is individually sub-metered for electricity, with tenants responsible

Multi-Family for sale: 4504 8A Avenue, Edson

20 photos

$565,000

4504 8a Avenue, Edson (Edson), Alberta T7E 1B3

0 beds
0 baths
375 days

INVESTORS Take a Look! $4450 per month in Gross Revenue, tenants pay power. Profitable 4-Plex located in a family friendly neighborhood walking distance to schools, public trails, parks and shopping. Each unit is finished with a galley style kitchen, dining area, spacious livingroom. 2 -2

Fourplex for sale: 5829 52 ST, Wetaskiwin

18 photos

$424,900

5829 52 St, Wetaskiwin, Alberta T9A 2W5

3 beds
1 baths
74 days

This unique 4 plex offers 2-3 bedrooms units and 2-2 bedrooms units. The property has been well maintained and even has a new boiler system. Plenty of parking in back and green space behind, this building is located on a quiet street. Units are rented to great tenants and at this price there

Multi-Family for sale: 324 3 Avenue SE, Medicine Hat

26 photos

$524,900

324 3 Avenue Se, Medicine Hat (SE Hill), Alberta T1A 5N8

0 beds
0 baths
3 days

Ideal Investment Opportunity – 4-Plex on the SE Hill! This solid brick 4-plex is an exceptional investment opportunity located in the highly desirable SE Hill area. Featuring four spacious 2-bedroom, 1-bath units, this property offers an excellent combination of potential rental income

Duplex for sale: 428 11 Street NW, Calgary

47 photos

$1,299,000

428 11 Street Nw, Calgary (Hillhurst), Alberta T2N 1X5

4 beds
5 baths
7 days

Welcome to 428 11th Street NW – a masterfully crafted, architecturally designed luxury home nestled in the heart of Kensington. This executive tri-plex (no condo fee) redefines urban elegance, boasting the finest in high-end finishes, exceptional interior design by Monica Stevens Interior

Fourplex for sale: 4501 47 ST, Wetaskiwin

15 photos

$369,900

4501 47 St, Wetaskiwin, Alberta T9A 1C3

2 beds
1 baths
74 days

Located across the street from Clear Vista School and on a corner lot, this 4 plex has seen numerous upgrades in recent years. All windows have been upgraded to Vinyl and the roof and boiler have also been updated. There is powered parking on the south side as well as street parking. Tenants

Multi-Family for sale: 4504-4510 8B-8A Avenue, Edson

45 photos

$1,139,800

4504-4510 8b-8a Avenue, Edson, Alberta T7E 1B3

0 beds
0 baths
25 days

Attention investors! Don't miss out on this amazing opportunity to generate $9900 per month in gross revenue! 2 profitable 4-Plex buildings consisting of 2 2- Bedroom units, 2 3-Bedroom units in each building. Located in a family friendly neighborhood walking distance to schools, public trails,

Row / Townhouse for sale: #2 11841 97 ST NW, Edmonton

27 photos

$299,900

#2 11841 97 St Nw, Edmonton, Alberta T5G 1Y4

3 beds
2 baths
50 days

Ideal for first-time buyers, students, or investors seeking proximity to Downtown Edmonton and walking convenience to NAIT, Royal Alexandra Hospital, Kingsway Mall, and the LRT. Constructed in 2012, front facing townhouse located in a multifamily 4-Plex offers a 1182 sq.ft of living space

House for sale: 2110 15 Street, Coaldale

31 photos

$265,000

2110 15 Street, Coaldale, Alberta T1M 1E4

2 beds
2 baths
9 days

Welcome to this charming two-bedroom, one-and-a-half-bathroom home nestled on a spacious lot in a fantastic neighbourhood! Situated directly across from R.I. Baker Middle School’s expansive green space and only a couple of blocks from the new Coaldale Sports plex, this property offers

House for sale: 2201 46 Street SE, Calgary

12 photos

$679,000

2201 46 Street Se, Calgary (Forest Lawn), Alberta T2B 1K7

3 beds
2 baths
41 days

Attention Developers and builders. 55 x 120 ft Corner lot HGO zoning 5 row homes with 5 legal suites and detached garage. with Approved Development permit. This sleek contemporary looking 5 plex is designed by Faas Architecture. House is currently rented to one tenant. Call for more

Row / Townhouse for sale: #1, 200 Parkview Crescent W, Bow Island

5 photos

$419,900

#1, 200 Parkview Crescent W, Bow Island, Alberta T0K 0G0

2 beds
2 baths
49 days

BRAND NEW, low-maintenance living in the new Parkview Crescent with NO CONDO FEES and the additional bonus of a $7500 property tax credit with the Town of Bow Island!! Welcome to Parkview Crescent, Bow Island's newest subdivision, where modern design meets small-town comfort. This brand-new

Exploring the Appeal of 4-Plex Properties in Alberta

In recent years, the real estate market in Alberta has seen a growing interest in multi-family properties, particularly 4-plex units. These properties offer a unique blend of investment potential and residential comfort, making them an attractive option for both investors and homeowners. In this article, we will delve into the various aspects of 4-plex properties in Alberta, exploring their benefits, locations, and market trends.

The Benefits of Investing in a 4-Plex

One of the primary advantages of investing in a 4-plex is the potential for multiple income streams. With four separate units, owners can rent out each unit individually, maximizing rental income. This setup also provides a buffer against vacancy rates, as the likelihood of all units being vacant simultaneously is relatively low.

Additionally, 4-plex properties often qualify for residential financing, which typically offers more favorable terms than commercial loans. This can make it easier for investors to secure financing and manage their cash flow effectively. Furthermore, owning a 4-plex allows for diversification within a single property, reducing risk and enhancing the potential for long-term capital appreciation.

Prime Locations for 4-Plex Properties in Alberta

Alberta boasts several prime locations for 4-plex properties, each offering unique advantages. For instance, Viking Lane is a popular choice for those seeking a balance between urban convenience and suburban tranquility. This area is known for its family-friendly environment and proximity to essential amenities.

Inglewood is another sought-after location, with its vibrant community and rich history. The detached houses in Inglewood offer a glimpse into the area's architectural charm and cultural significance. Similarly, Botanica in St. Albert provides a luxurious living experience with its modern design and lush surroundings.

For those interested in more rural settings, Gasp and Nisku offer a peaceful retreat from the hustle and bustle of city life. These areas are ideal for individuals seeking a quieter lifestyle while still being within reach of urban centers.

Market Trends and Considerations

The Alberta real estate market has experienced fluctuations in recent years, influenced by economic factors and changing demographics. However, the demand for multi-family properties, including 4-plex units, remains strong. This demand is driven by a growing population and an increasing preference for rental accommodations.

Investors should consider the potential for property appreciation and rental income growth when evaluating 4-plex opportunities. Areas like Red Willow and Allard have shown promising trends in property value increases, making them attractive options for long-term investment.

Moreover, the rise of remote work has shifted housing preferences, with more individuals seeking properties that offer both living and working spaces. This trend has increased the appeal of 4-plex units, as they provide the flexibility to accommodate various lifestyle needs.

Design and Amenities

Modern 4-plex properties in Alberta are designed with both functionality and aesthetics in mind. Many units feature open-concept layouts, high-end finishes, and energy-efficient appliances. For example, the Solarium in Edmonton offers a contemporary living experience with its sleek design and state-of-the-art amenities.

Additionally, developers are increasingly incorporating community-focused amenities into 4-plex projects. These may include shared outdoor spaces, fitness centers, and recreational facilities, enhancing the overall living experience for residents. The Edmonton 2 development exemplifies this trend, offering a range of amenities that cater to diverse lifestyles.

Challenges and Considerations

While 4-plex properties offer numerous benefits, potential investors and homeowners should be aware of certain challenges. Property management can be more complex with multiple units, requiring effective tenant screening and maintenance strategies. Additionally, zoning regulations and building codes may vary by location, necessitating thorough research and compliance.

It's also important to consider the competitive landscape, as the popularity of 4-plex units has led to increased competition in certain areas. Prospective buyers should conduct a comprehensive market analysis to identify opportunities and assess potential risks.