Multi-Family Deal Reflects Investor Confidence
- Clearview Insider
- May 1
- 1 min read
A prime example of investor interest in Calgary’s most desirable neighbourhoods: a 10-unit multi-family property in Sunnyside sold on January 31 for $2.35M, achieving a sub-3% cap rate. This low yield highlights both the asset’s strength and the ongoing competition for well-located, income-generating rental properties.
While cap rate compression continues in core markets, it reflects more than just pricing—it signals confidence in long-term income growth and the desirability of stable, professionally managed multi-family assets in top-tier locations. This transaction underscores the strength and resilience of Calgary’s inner-city rental sector in a changed interest rate environment.
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