1811, 8710 Horton Road SW · Apartment building

1811, 8710 Horton Road SW is a 3-unit apartment building in Calgary, AB, asking $449,900 — $149,967 per door.

That sits below the Calgary band of $190k - $310k per door. A price under the band usually means condition, location, or an in-place rent roll well below market — confirm which before treating it as a discount. Calgary cap rates screen 5.6% - 7.2% against average rent near $2,050 a door.

At 3 units this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.

Calgary screens well for current yield, population growth, and landlord policy, with cyclical exposure still worth stress testing. Investor demand reads high, vacancy tightening.