Multi-Family Developments
Build wealth through real estate. Whether you're developing your first duplex or expanding a portfolio of rental properties, we deliver investment-grade multi-family construction across Southern Alberta.
Investment-Grade Construction
Multi-family development is one of the best ways to build long-term wealth through real estate. With strong rental demand across Southern Alberta—especially in growing communities like Airdrie, Cochrane, and Okotoks—purpose-built rentals offer attractive returns for savvy investors.
At The Renovators Inc., we build multi-family properties designed for return on investment. That means smart layouts that maximize rentable space, durable materials that minimize maintenance, and finishes that attract quality tenants. We understand that every dollar matters when you're calculating cap rates and cash flow.
What We Build
Duplexes
Side-by-side or up-down configurations. Perfect for owner-occupied investment or pure rental. Often the best entry point for new investors.
Ideal for: First-time investors, live-in landlords, smaller lots
Fourplexes
Four units maximize density on suitable lots. Strong cash flow potential with economies of scale in management and maintenance.
Ideal for: Experienced investors, suitable zoning, larger lots
Townhouses
Row housing for sale or rent. Modern designs that appeal to buyers and tenants seeking more space than apartments.
Ideal for: Developers, infill sites, master-planned communities
Stacked Units
Multiple units in various configurations to maximize site potential. Designed for complex lots or specific municipal requirements.
Ideal for: Unique sites, maximizing density, creative solutions
Built for Returns
Efficient Layouts
Maximize rentable square footage without wasted space. Every square foot earns.
Durable Materials
Commercial-grade flooring, fixtures, and finishes that stand up to tenant turnover.
Low Maintenance
Design choices that minimize ongoing maintenance costs and landlord headaches.
Tenant Appeal
Modern aesthetics and functional layouts that attract and retain quality tenants.
Energy Efficiency
Lower utility costs mean happier tenants and better returns (especially if you pay utilities).
Sound Separation
Proper acoustic design between units reduces complaints and tenant turnover.
Strong Markets for Multi-Family
Several Southern Alberta communities offer excellent opportunities for multi-family investment:
- Airdrie: Fastest-growing city in Alberta, strong rental demand, family-focused
- Cochrane: Limited rental supply, mountain-town appeal, commuter accessibility
- Okotoks: Stable growth, good schools, tight rental market
- Chestermere: Lake lifestyle, growing population, family demographics
- Strathmore: Affordable alternative to Calgary, steady demand
We can help you identify opportunities and assess development potential on specific properties.
Frequently Asked Questions
What's the cost per door for multi-family construction?
Multi-family construction typically runs $200,000-$350,000+ per unit depending on size, finishes, and site conditions. Larger projects often benefit from economies of scale. We provide detailed per-unit estimates for your specific project.
How do I know if my lot can support multi-family?
Zoning, lot size, setbacks, and parking requirements determine what you can build. We can assess your property and advise on possibilities, including whether a rezoning application might be worthwhile.
Do you help with the numbers—cash flow, cap rates, etc.?
While we're builders, not financial advisors, we understand investor priorities. We can help you model construction costs and work with your accountant or mortgage broker on the financial analysis.
What about construction financing for multi-family?
Construction financing for multi-family is different than residential mortgages. We work with draw schedules and can recommend lenders experienced in construction financing.
Start Your Development
Have a property in mind? Contact us to discuss your multi-family project.
Discuss Your Project