RESIDENTIAL
RURAL
WELCOME to this excellent opportunity to invest in a 22-Suite Walk-Up Apartment Complex at The Haven on 54th in Forestburg! This property entails a two building apartment complex which was originally constructed in 1978 and extensively renovated in 2022/23. It originally functioned as a motel and it was fully renovated to accommodate the current use as an apartment complex. The buildings are of wood frame construction and features 12 studio suites, 2 bachelor suites, 7 one-bedroom suites and 1 three-bedroom suite. Site improvements include approximately 22 paved surface parking stalls and landscaping inclusive of lawn and mature trees. The north building is a 2-Storey walk-up apartment building featuring a total of 16 units. The building features 2 levels with each floor containing suites that have direct exterior access, the main level features a laundry room. The front portion of the building features Unit 1, which is the 3 bedroom unit, over a full basement that contains the mechanical/electrical room and storage space. The west building is a single storey building with a total of 6 units. Each of the suites has direct exterior access and a second laundry room. Finishes in the suites consists of a mix of vinyl plank and linoleum flooring and laminate kitchen/bathroom countertops. The majority of the units are supplied with 2 appliances including a stove and fridge. The 6 studio units located in the west building are provided with a small induction cooktop plate and a portable oven. Gas fired boiler providing heat to the suites in the north building. Individual electric heating/cooling units in the west building. Standard 100 amp service. The suites are not individually metered. The plumbing fixtures are standard, 5 hot water tanks for domestic use are in place. The complex features 3 sets of coin operating washers and dryers which generates revenues. Utility expenses are paid by the owner which includes power, heat, water, waste removal, internet and cable TV. CMHC mortgage in place for just over $200K cash down difference. Mortgage will require qualification, but the product is in place with a good rate of 5.25%. The property would be ideal for anyone wanting to live and manage on-site, as there is a 3 bedroom main floor suite with more living space (Unit 1). The name \"Haven\" says it all with a quiet small town, and a massively renovated building that is turn-key! 2024 has been the year to find renters and fill the building, and systems and managment are in place to realize the full potential of the building. The Village of Forestburg is situated in east central Alberta and has developed at the intersection of Highways 53 & 856. The community is situated approx. 195 Km\'s southeast of the City of Edmonton, approx. 153 Km\'s to Red Deer and lies 98 Km\'s south and east of the City of Camrose.
Listing Brokerage: Realty Experts Group Ltd
This unique 6 unit property in the heart of Bridgeland has unobstructed city views and offers a rare opportunity for investors. Situated on a 80 x 110 ft lot on a quiet, cul de sac. This property has incredible potential for rental income and future redevelopment. The main floor, ideal to rental or to live, is a spacious 1,700 sqft with 2 bedrooms, a 4-piece bathroom, kitchen, living room, dining room, and sunroom.The other remaining 5 units are illegal suites. Unit 2 (Second Floor): A cozy 574 sqft unit featuring 1 bedroom, a 4-piece bathroom, living room, and kitchen. Unit 3 (Second Floor): Offering 596 sqft, this unit includes a bedroom, kitchen, living room, and 4-piece bathroom. Unit 4 (Lower Walk-Out Level): 623 sqft with 2 bedrooms, living room, kitchen, and 4-piece bathroom. Unit 5 (Lower Walk-Out Level): Recently updated 273 sqft studio suite with a living/bedroom, galley kitchen, and 3-piece bathroom. Unit 6 (Two-Storey): 808 sqft unit with a kitchen, living room, and 4-piece bathroom on the second floor, plus the primary bedroom on the lower walk-out level. There are 2 laundry areas and a heated greenhouse. The property also includes four double garages, with three currently rented out for additional income. This multi-unit property offers immense investment potential with its prime location, spectacular views, and steady rental opportunities.
Listing Brokerage: Royal LePage Benchmark
Dirham Homes Job # 2405 - The Branden - Welcome to this beautifully designed BRAND NEW two story floor plan with exterior side door to the basement for future suite option!! Offering the perfect blend of modern convenience and thoughtful design with 3 spacious bedrooms, 2.5 bathrooms, and an inviting open concept layout, this home is ideal for both family living and entertaining. Step inside to discover a bright and airy main floor featuring an expansive open floor plan that seamlessly connects the kitchen, dining, and living areas. The kitchen boasts modern finishes, quartz countertops, ample cabinet space perfect for the home chef, completed with a walk through pantry. Large windows flood the space with natural light, creating a warm and welcoming atmosphere. Upstairs, you’ll find 3 generously sized bedrooms, including a luxurious primary bedroom with a 5pc ensuite bathroom and walk-in closet. A bonus room offers additional living space, perfect for a family room, home office, or play area. Convenience is at its peak with a dedicated upper-level laundry room, making chores a breeze. With modern finishes throughout and a thoughtful layout designed for modern living, this home is a must-see!
Listing Brokerage: RE/MAX Grande Prairie
Welcome to Hussar, Nice Curb Appeal & INCOME REVENUE! This well maintained Bungalow offers a Bright & Open Concept and a functional layout, with a Spacious legal 2 bedroom Suite or a Perfect In-law Suite. The main floor offers 1456 sq.ft, living space with 2 bedroom, office, 2 baths, spacious kitchen with island, ample amount of cupboard & counter space, the vaulted ceilings gives an openness feel, large windows to allow an abundance of natural light and a great view. Lower level legal suite offers, a nice living space with an open concept living room & kitchen, 2 bedrooms, 3pc bath, storage room and laundry (shared with the rest of the house). An inviting back deck, patio & fire pit area, is perfect to sit back, relax & enjoy the Peace & Quiet Lifestyle and You\'ll love the Picturesque Views of the Amazing Sunrises, Sunsets & the Prairies! This Wonderful Property is located in the Village of Hussar, a Small Quiet Community known for Strong Community Spirits and a Big Heart!
Listing Brokerage: RE/MAX Complete Realty
Introducing the Damon by Sterling Homes! This stunning 2388 sq. ft. home offers 4 bedrooms, 2.5 bathrooms, and a 2 car garage. The main floor features an executive kitchen with built-in stainless steel appliances, a chimney hood fan, builtin microwave, quartz countertops, and a walk-in pantry. The spacious flex room comes with charming barn doors, while the great room boasts a cozy gas fireplace with a floor-to-ceiling tile face. Luxury Vinyl Plank flooring extends throughout the main floor for durability and style. Upstairs, enjoy the vaulted ceiling in the bonus room and a luxurious 5-piece ensuite in the primary bedroom, complete with dual sinks, a soaker tub, a walk-in shower with tiled walls and base, and a sleek sliding glass barn door. Additional highlights include paint-grade railing with iron spindles, tiled floors in the bathrooms, and a 12\'x12 rear deck with a gas line for BBQs. The walk-out basement opens onto a pump track, perfect for outdoor fun. Photos are representative.
Listing Brokerage: Bode Platform Inc.
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