Introduction
Calgary might be the talk of the town, but just a few hours north, Edmonton is quietly leading Albertaâs rental cash flow race. For investors ready to scale up from duplexes and fourplexes, 10â20 unit apartment buildings offer the perfect balance of size, stability, and profitability.
This is where Albertaâs real estate landscape truly shines: steady returns, strong tenant demand, and some of the highest cap rates in Canada.
1. Why 10â20 Units Make the Perfect Investment Size
Small enough for individual investors, yet large enough to provide income security, mid-sized apartments hit the âjust rightâ zone.
Benefits include:
- Diversified rental income (one vacancy doesnât sink cash flow)
- Operational efficiency (shared systems, centralized maintenance)
- Access to CMHC-insured financing for better rates and terms
These buildings are ideal for investors seeking consistent returns and manageable scale.
2. Edmontonâs Advantage: Strong Yields and Lower Costs
While Calgary leads in appreciation, Edmonton wins on cash flow.
Typical returns include:
- Cap rates between 5.5%â6.5%
- Lower cost per door than Calgary (by 20â30%)
- Stable rental demand driven by healthcare, education, and trade sectors
Neighborhoods like Strathcona, Westmount, and Oliver are prime for mid-sized apartment investments, combining steady tenant pools with room for modernization and rent growth.
3. Adding Value: Turn Old Buildings into Modern Profit Centers
Many of Edmontonâs older 10â20 unit buildings are ready for transformation. By upgrading:
- Kitchens and bathrooms
- Common spaces and energy systems
- Building exteriors and landscaping
Investors can significantly increase rents and property values, creating a classic value-add opportunity.
4. Balancing Your Portfolio with Calgary and Its Suburbs
Smart investors are diversifying their portfolios by investing in high cash flow properties in Edmonton, paired with appreciation and new builds in Calgary.
Inner-city spots like Killarney and Renfrew remain ideal for infill projects, while Airdrie, Okotoks, and Cochrane offer affordable entry points for newer multi-family investments.
This dual-city approach ensures long-term stability and growth, and Albertaâs landlord-friendly environment makes managing across both markets easier than ever.
5. Partnering with Green Casa for Professional Management
Managing mid-sized apartments takes local expertise and proactive care, and thatâs where Green Casa Property Management excels.
We help investors across Alberta:
- Maximize occupancy and rental income
- Implement value-add strategies
- Maintain properties efficiently and transparently
Whether itâs a 12-unit in Edmonton or a new build in Airdrie, we treat every property like itâs our own because your success is our business.
Conclusion
In Albertaâs fast-evolving market, 10â20 unit apartment buildings are a golden opportunity. Theyâre scalable, cash-flow strong, and future-proof exactly what modern investors need.
By combining Edmontonâs steady income with Calgaryâs expansion, and partnering with Green Casa Property Management, youâre not just investing youâre building generational wealth.
Nowâs the time to grow, manage, and profit the Green Casa way.
