Multi-Family For Sale

Calgary, Alberta

Rare opportunity in the heart of Sunnyside. 10 unit apartment complex with long-term tenants, generating solid income with room to grow. Conveniently located steps away from the C-Train, groceries, shops, restaurants, and walking distance to the center of Kensington. Hold and add to investment portfolio while exploring potential densification or future redevelopment opportunities. (id:36938)

Calgary, Alberta

Welcome to a prime real estate opportunity in the heart of a bustling and regentrifying neighborhood! Presenting an exceptional ALTADORE concrete-constructed 8-PLEX, situated on an expansive 75' x 125' lot spanning 3 INNER-CITY LOTS. Can be combined with 2 lots next door (MLS A2107092) for a TOTAL OF 5 CITY LOTS and 125 FOOT FRONTAGE. Nestled on a peaceful dead-end street, this property boasts a solid structure and meticulous maintenance.This well-established 8-PLEX, offered for the first time, stands as a testament to quality construction and enduring appeal. With executive homeowners as neighbors, this multi-family gem is strategically located just 3 blocks from Marda Loop's main commercial corridor of Richmond Road, offering a perfect blend of tranquility and accessibility.Featuring a thoughtful layout, the property comprises 3 spacious 2-bedroom units and 5 comfortable 1-bedroom units. Seven of the units provide the luxury of private balconies, allowing residents to unwind amidst a serene environment. Long-term, contented tenants attest to the desirability and satisfaction this property offers.For the convenience of residents, there are 8 paved off-street parking spots at the rear of the property, ensuring hassle-free parking in this high-demand area. A communal coin-operated washer and dryer provide practicality, and there's ample space in each unit for those who prefer to install in-unit laundry.This 8-PLEX sits in a marquis neighborhood that is currently undergoing a revitalization, making it an attractive buy and hold investment. Whether you're a seasoned investor or a savvy homeowner seeking an income-generating property, this is an opportunity not to be missed. Embrace the potential of this concrete-constructed gem in a location that combines the charm of a quiet dead-end street with the vibrancy of a rapidly regentrifying area. Secure your stake in this executive enclave – a wise investment for the discerning buyer! (id:36938)

Calgary, Alberta

This is a well maintained, low maintenance, frame construction 8 suiter on 4th St NW. 1 Bachelor 5-1 BR, 2-2BR. 4 units have balconies. The kitchens and bathrooms have been tastefully remodeled. 4416 has been well maintained and has numerous upgrades…. New roof 2022, all building electrical panel and breakers replaced, commercial hot water tank in 2021, new windows, patio doors in 2013. This is a great location with access to downtown via 4th St NW whether driving or on public transportation. There are 7 parking spots at the rear. The Buyer must qualify and assume the existing mortgage and most likely need a CMHCC 2nd mortgage. See the supplements for additional upgrades and property proforma. (id:36938)

Calgary, Alberta

The HARVARD is conveniently located within easy walking distance to the shops and services of 17th Ave. S.W. The well maintained building has 8 large suites. Recent enhancements and renovations include new roof, new gutters, new eavestroughs (Dec 2023), replacement of old steam heat to forced air furnace, extensive electrical upgrading, hardwood floor repairs, new stairs and foyer support, and suite renovation with new bathrooms. There is a attractive, assumable mortgage. See the terms set out in the supplements. Please make offers subject to viewing. (id:36938)

Edmonton, Alberta

Several upgrades over the last couple years, 14 residential units and 2 commercial spaces. Zoned CB1 Upgrades include new windows, flooring, baseboards, trim and paint, new asphalt parking lot. Very well maintained and managed, built in 1976 Great West end location. (id:36938)

Calgary, Alberta

This lot is part 3 of a 3 lot sale! Here is a very rare opportunity to scoop up 3 boarding properties in one of the most sought areas of downtown Calgary. MISSION! The total length and depth of the combined properties are 100" x 120" giving you unlimited opportunities for redevelopment. Sitting on 19ave just off 4st gives quiet living yet steps from one of the trendiest streets in Calgary. All of the units on these 3 properties are rented currently giving you a handsome monthly income while plans are being drawn up as well. Call for details. Thanks. (id:36938)

Calgary, Alberta

Attention Investors! An exceptional investment opportunity awaits at 12 Huntley Close NE. This rare 6-Plex is situated in the highly desirable community of Huntington Hills on an expansive 67ft X 110ft lot. Offering a distinctive layout with individual entrances for each unit, this property eliminates the need for shared common areas within the building. The 6-2 bedroom units, designed in a Bi-Level style, feature identical floor plans with in-suite laundry and charming fireplaces for added comfort. The main floor of each unit boasts a spacious living room with large windows, leading to a generous balcony through patio doors. Additionally, there's a well-sized dining area, kitchen, and a laundry/furnace room. The lower level of each unit consists of 2 sizable bedrooms and a full bathroom. This well-managed property has undergone recent upgrades, including a new roof in 2020, as well as new furnaces, hot water tanks, windows, patio doors, exterior doors, and balconies for all units. Each unit comes with its designated parking stall at the rear, totaling 6 paved parking spaces, and complemented by ample street parking. The monthly rental income is approximately $9650 when fully occupied. Units 1, 4, and 6 are rented at $1600 each, Units 2 & 5 at $1550, and Unit 3 at $1750. Tenants pay all utilities, snow shoveling, and lawn maintenance. The owner is responsible for a $120/month garbage disposal fee and an annual insurance cost of $2900. The asking price includes 6 furnaces, 6 hot water tanks, 6 electric stoves, 6 refrigerators, 6 hood fans, and 6 sets of washers and dryers. Conveniently located within walking distance to two elementary schools, with public transportation directly to downtown, green spaces, and quick access to shopping malls and major traffic routes, this 6-plex in Huntington Hills is a prime investment opportunity. Reach out to your preferred agent today to explore this unique property! (id:36938)

Edmonton, Alberta

NAI Commercial Real Estate, have been retained by the Court of Kings Bench of Alberta on an exclusive basis to arrange for the Judicial sale of Former Rutherford Place Apartments, located at 12035 - 82 Street in Edmonton, Alberta (the Property). The Multi- Family property consists of a 3-storey wood-frame construction building with 18 suites. Value Add Property: There is strong potential to grow the Net Operating Income through in-suite renovations and the mark-to-market of rents in a rising rental rate environment. Historically Low Vacancy and Turnover: The Property has a history of low vacancy rates. Location: The neighbourhood benefits from access to major arterial roadways such as 82 Street with 25,100 vehicles per day (City of Edmonton 2022) and Yellowhead Trail with 75,000 vehicles per day (City of Edmonton 2022). (id:36938)

Calgary, Alberta

TREMENDOUS MULTI-FAMILY REDEVELOPMENT OPPORTUNITY IN PRIME LOCATION!!! Extremely rare opportunity to own this multi-family property in the sought after community of Montgomery. This up/down 4-plex is nestled on a 25.32 by 32.35 m (8880.23 Sq Ft) lot. The upper levels boast approximately 1000 Sq Ft of living space with 3 bedrooms, a living room, kitchen and eating area, and 4-pce bath with in-suite laundry facility per side. The lower levels boast approximately 900 Sq Ft of living space with 2 bedrooms, a living room, kitchen and eating area, and 4-pce bath with in-suite laundry facility per side. Located just steps to bus stops, shopping, schools, parks and main transport corridors. Fully leased with excellent upside potential. This lot offers great redevelopment opportunity for multi-level apartment building with underground parking. This property has been well cared for and meticulously maintained for by it's owners. The yard is fully landscaped and fenced with 4 spacious storage sheds. The garage is fully insulated (24'x24') with hot and cold water connection. This property is a great revenue generator while going through the permitting process. Call today for details! (id:36938)

Edmonton, Alberta

Shelby Arms is a boutique Multi-Family Walk-up Apartment with 12 total units, 11 x one-bedroom units & 1 x Studio suite. On a quiet street just north of the 'WOW' amenities of 104th Street with close proximity to Downtown, NAIT, the Arena and public transportation to the U of A & all areas of the City. All suites are corner-end units with luxury finishing at this affordable price with a good capitalization rate. UPGRADES: Most suites w/ gourmet kitchens with quartz countertops & seven appliances, not to mention spa-like bathrooms with Jacuzzi tubs. All suites have maintenance-free flooring, mostly solid hardwood & porcelain tile. Many more were put into most suites, such as frosted glass doors, new windows, newer siding, newer roof, newer electrical throughout, updated fire alarm, new parking lot, boiler in 2014 & most mechanical. Low maintenance landscaping, new balconies or patios on all suites but two. Some suites come furnished. The Residential building is being sold under a single land title. (id:36938)

Taber, Alberta

PRICE IMPROVEMENT! Here is a great opportunity to purchase a fully rented 12-plex for sale in Taber! Many recent updates include brand new boiler system, new flooring in common area, some updated kitchens and flooring in half of the units, and a brand new communications front access system. The roof is only 6 years old. The property also has video surveillance, and 2 storage sheds for additional rent. The rents have also been significantly increased in the past few years. Contact your favorite realtor to book a showing. (id:36938)

Banff, Alberta

Duplex on 6,948 sq.ft. lot, this Banff Old Timer was built in 1908 and has operated as an excellent long time rental investment property with good revenue. The property is located in the RBA: Banff Avenue District, this is the highest density residential district in Banff and the permitted use is for 3 storey apartment housing. Do not miss this opportunity to buy a great holding property with excellent future redevelopment potential! Note: proper notice is required for showings as excellent tenants are in place with month-by-month leases. (id:36938)

Edmonton, Alberta

Welcome to this immaculate triplex townhouse on a quite street in the King Edwards park Communities. This brand new triplex house with legal suite make total of 6 units. It considers 4BRS/2.5Bath/garage/loft with large roof top patio - Over look city view skylight. Separated Legal 1BRS Basement Suite with Kitchen/ Laundry room. Very sleek modern design and close to all amenities Bonnie Doon shopping center and New LRT. Perfect investment property. Project income $127,000.00/yearly. Expense $25,000.00/yearly. Net income $98,000.00/yearly. Cap rate at 5.0% With qualified and Approval CMHC low interest rate. It make very good cash back investment return. Only ask $1,895,000 plus G.S.T. (id:36938)

Calgary, Alberta

AWESOME - Bridgeland Investment Property. 7-suite apartment concrete building, each apartment featuring a balcony view. It consists of 6 x 2-bedroom units and 1 bachelor unit. The building offers surface parking for all the tenants avoiding parking hassle on the street. Most tenants are long-term residents who enjoy the convenience of transit and easy, quick access to downtown. This property has undergone several upgrades over the past 8 years: the roof was replaced 5 years ago, windows and doors were upgraded 4 years ago, water heater replaced 8 years ago, and common areas, hallways, and floors renovated 2 years ago. The property is in mint condition. A buyer will be thrilled to own a revenue property like this with these quality upgrades. A perfect turnkey investment for a revenue buyer. (id:36938)

Calgary, Alberta

AWESOME - Bridgeland Investment Property. 7-suite apartment concrete building, each apartment featuring a balcony view. It consists of 6 x 2-bedroom units and 1 bachelor unit. The building offers surface parking for all tenants , avoiding parking hassle on the street. Most tenants are long-term residents who enjoy the convenience of transit and easy, quick access to downtown. This property has undergone several upgrades over the past 8 years: the roof was replaced 5 years ago, windows and doors were upgraded 4 years ago, water heater replaced 8 years ago, and common areas, hallways, and floors renovated 2 years ago. The property is in mint condition. A buyer will be thrilled to own a revenue property like this with these quality upgrades. A perfect turnkey investment for a revenue buyer. (id:36938)

Edmonton, Alberta

Assumable Mortgage @ 5.24% | Creative Financing Considered | A charming 13-unit apartment building situated in the heart of Alberta. Nestled on an 8616 sqft lot, this character property built in 1952 offers a captivating view of the river valley. Boasting a mix of renovated units, serviced with high-efficiency features including lighting, furnace, water tank, showerheads and faucets, the property provides a blend of comfort and style. A mere 2.7km from MacEwan University, it caters to a vibrant student population. The property includes a convenient credit card-operated laundry room. Remarkably low maintenance thanks to significant improvements, the building's market potential is further enhanced by currently charged rents that are below market rates. A rare find that perfectly marries vintage charm with modern living. All proposals are welcome. *Please do not approach tenants* (id:36938)

High River, Alberta

Introducing an exceptional investment opportunity in High River: a modern complex built in 2020, boasting 6 meticulously crafted units, each with 2 bedrooms and 2 bathrooms. Positioned to maximize natural light, these residences feature separate entrances and dedicated parking spaces, enhancing their rental appeal.Step inside to discover contemporary living spaces adorned with stainless steel appliances, embodying a modern aesthetic that elevates the allure of each unit. With vaulted ceilings, quartz countertops, and in-unit laundry facilities, residents enjoy unparalleled comfort and convenience.Offering an attractive rental rate of $1650-$1750 per month per unit, and a Capitalization rate of over 5% these residences offer a compelling investment prospect in a thriving locale. High River, nestled in the heart of a vibrant, People-First community, serves as the gateway to the awe-inspiring Kananaskis region. Immerse yourself in the excitement of their events, embrace the charm of small-town living, and indulge in the beauty of the surroundings, all while experiencing genuine Western hospitality. Don't miss out – inquire now for further details! (id:36938)

Calgary, Alberta

Excellent renovated 6 plex. This property has had many upgrades over the past 10 years, inside and out. Windows, kitchens, bathrooms, high end appliances, hardwood and tile flooring in each unit, the units have two entry doors and are approximately 750 sq.ft for 1 Br and 1,000 sf for the 2R. The roof on the garage has been redone, boiler and 2 hot water tanks replaced, common area windows replaced, 6 car garage heated and insulated with new doors and openers, etc. Very unusual for any 6 plex to have these upgrades. A buyer will be very happy to own a revenue property like this that has these quality upgrades.... a perfect turn key investment for a revenue buyer. The Buyer must qualify and assume the existing mortgage. See the supplements for mortgage terms (2.3% maturing 2030). (id:36938)

Edmonton, Alberta

Assumable Mortgage 2.19% | Creative financing will be considered | Exceptional investment opportunity in the heart of downtown Edmonton! This centrally-located property, zoned CB1, boasts a portfolio of 10 fully-leased units, offering a healthy cap rate and perfect for entry-level multifamily investors. This dynamic assortment includes 6 one-bedroom units, 2 two-bedroom units, and a spacious three-bedroom unit. Additionally, the property includes a non-compliant bachelor suite. Benefit from the location, within walking distance to both MacEwan University and the Royal Alexandra Hospital. Residents enjoy immediate access to education, healthcare, and the downtown lifestyle. Furthermore, this property resides in a community presently undergoing a vigorous renewal process, heralding promising prospects for increased future value. All proposals are welcome. *Please do not approach tenants* (id:36938)

Blackfalds, Alberta

FULLY RENTED 6 Gorgeous Townhomes for sale in a Full Six Plex!!! 6 - 3 Bedroom – 3 Bath Stunning Townhomes in an excellent location in Blackfalds, Alberta. Each Unit is 1290 square feet and has upgraded Kitchens, Lighting Fixtures, Flooring, Primary Bedrooms with 4 piece Ensuites and walk in closets. Fully fenced back yards ,each unit has a large deck off of the Living Room. Excellent Low Maintenance Investment Opportunity! (id:36938)

Calgary, Alberta

Corner lot , Investment opportunity 6 plex , located in Altadore , prime location to hold or to build, 9300 sq.ft. of land on a corner lot, Land Use M-C1 5x2 bedrooms 1x1 bedroom , up grades include newer windows, exterior, 1 suites been upgraded with new kitchens , 1 suite is for showings, all suites are large , includes all appliances , newer roof. long term tenants , please do not approach tenants. Monthly gross income $9,700.00 Extra income from laundry at $3600 per year Total revenue $116.400.00per year Investment opportunity 6 plex , located in Altadore , prime location to hold or to build, 9300 sq.ft. of land on a corner lot, 5x2 bedrooms 1x1 bedroom . (id:36938)

Okotoks, Alberta

Fantastic location in Okotoks. Steps to Elizabeth Street and all the best restaurants, shops etc. that Okotoks has to offer.Built in 1990, this 6 unit building is in excellent condition. All 2 bedroom units Approx 850 sqft and 2 top floor units have a loft (approx. 1230 sqft). All have their own furnace and HWT and separately billed. Tenants pay for utilities. All units have their own in-suite washer and drier as well as built-in dishwashers. . Full parking lot with 12 stalls! Easy to rent and easy to manage, Don't miss out! Call for income/expenses statement. (id:36938)

Calgary, Alberta

INVESTOR ALERT! Welcome to a prime investment opportunity in Huntington Hills on a corner lot! This 6-plex offers a lucrative venture for an investor. Four 2 bdrm, one 1bdrm. and one 3 bdrm unit. Each unit features its own private entry, eliminating common hallway areas and ensuring tenant privacy. Currently, the rental rates are below market value, presenting a significant opportunity for rent increases. Projected future rents gross rent of $9600, with potential for even greater returns. The current rent is $ 8900. Tenants pay water, gas, and electric expenses, and all units are independently metered. The only monthly cost related to utilities is the garbage removal / recycling averaging just under $294 per month in 2023. Newer roof replaced in October 2021. All units have a balcony and a dedicated parking stall have a plug in. 6 washer and dryer, 6 fridges, stoves, 6 hood fans, 6 fridges are included. Good size bedrooms and a 4 pc.bath is located on the lower level. Low annual maintenance costs. Some long term tenant Convenient location for access to public transportation to downtown, walking distance to two elementary schools., parks, and shopping malls. Easy turn key investment property. (id:36938)

Penhold, Alberta

A brand new 5 plex that would make a great addition to your investment portfolio. These Larkaun Homes built townhouses each have 3 bedrooms upstairs, vinyl plank flooring, upgraded kitchens including quartz countertops, corner pantries & full tile backsplash. No need to budget for landscaping. The builder is including sod front and back and fully fenced with additional parking in the back. A great location on a Close in Penhold, just steps away from the Multiplex. Worry-free investment with New Home Warranty. (id:36938)

Edmonton, Alberta

Own Pine Manor with 7.93% Stabilized Cap Rate. Exist CMHC Mortgage MUST BE ASSUMED. It's a 15 suite 2.5 storey walk-up building at 11826 - 83 Street in NE Edmonton, in the Eastwood neighbourhood. It has an excellent mix of 6 One BR suites and 9 Two BR suites to maximize your rental income and keep vacancies low. Rents were raised this year plus room for additional rent increases. Newer vinyl window in some suites and there are a total of 10 balconies plus 15 energized paved parking spots for the tenants. Coin-op laundry machines (leased), newer hot water tank, and 3 interior storage rooms, plus an ext. storage shed round out this package. LED lights have been provided in all common areas and the building meets all fire code updates. The property is a great location for tenants as it is close to bus routes, grocery stores, services and other amenities. An experienced on-site caretaker and Prof. Prop Mgr look after the building for a hands free ownership experience. See REALTOR'S website for more details. (id:36938)

Calgary, Alberta

Investors and builders - opportunity knocks. Each property's asking price is $1,499,900. Prime Elboya location only 5 minutes to Calgary downtown, Chinook Mall and LRT station. 4724 and 4728 Stanley Road SW these (LEGAL) 2 x 4 plexes have 2 bedrooms, self-contained units with front and back entrances and in-suite laundry in every unit. Long-term tenant's rents are very low potential to increase rentals. 3 double detached garages. MC-2 zoning allows up to 16.0 meters of height building. Each lot is 60 ft frontage and 125ft deep with a back lane. Combined lot size 120 ft front and 125 ft deep. Well-maintained units, no sign on the property. Please do not disturb tenants. For more information, call your favourite realtor. (id:36938)

Calgary, Alberta

Investors and builders - opportunity knocks. Each property's asking price is $1,499,900. Prime Elboya location only 5 minutes to Calgary downtown, Chinook Mall and LRT station. 4724 and 4728 Stanley Road SW these (LEGAL) 2 x 4 plexes have 2 bedrooms, self-contained units with front and back entrances and in-suite laundry in every unit. Long-term tenant's rents are very low potential to increase rentals. 3 double detached garages. MC-2 zoning allows up to 16.0 meters of height building. Each lot is 60 ft frontage and 125ft deep with a back lane. Combined lot size 120 ft front and 125 ft deep. Well-maintained units, no sign on the property. Please do not disturb tenants. For more information, call your favourite realtor. (id:36938)

Edmonton, Alberta

Welcome to Bev Manor. Great multi-family building located in the neighbourhood of Beacon Heights between Yellowhead Trail and North Saskatchewan River and is neighboured by Homesteader, Abbottsfield, Beverley and Newton. The Community of Beacon Heights is a traditional suburb, complete with tree-lined streets and large lots which now include some infill homes. Unit mix consists of Five 2 bedrooms and seven 1 bedrooms apartments. Very well maintained, rarely a vacancy, large units with balconies and a location that is good as it gets. Easy to manage with 100% occupancy providing steady cash flows. This property is ideal for first time investors, or increase unit count to your existing multi-family portfolio. (id:36938)

Red Deer, Alberta

Fantastic 11 SUITER in the HEART of Red Deer. All 11 Units are all FULLY RENOATED with the exact same finishing's - kitchens, vinyl flooring, paint, appliances, bathrooms, etc. SIX 1 Bedrooms and FIVE 2 Bedrooms. New Boiler, roof, newer hot water tank. All common area carpet was recently replaced. Coin Operated Laundry. Plenty of parking stalls. Possible room to make another unit with appropriate steps - Care taker bachelor suite. Very well maintained building. Great Investment won't last long! (id:36938)

Calgary, Alberta

This is a 6 suite building with a great suite mix. 2 - 1 BR, 4 - 2BR with full parking in the rear. The building has a hands on owner who has looked after the property. There is a south facing patio on the second level. The building is located just 1 block off Center Street north with all its amenities and access to public transportation. SEE proforma and RPR in the supplements. (id:36938)

Canmore, Alberta

Remember Your First Time? The excitement continues with this opulently and excessively upgraded 4 bed, 4 bath home being offered to the public market for the first time. Renovated extensively since 2015, essentially placing this homes effective age at 9 years. Beginning with the replacement of the front stairs and stairs landing in 2015, then the mechanical, all flooring and upgraded kitchen and bathrooms followed in 2016. Of course, too convenient, all appliances were replaced at this time. All windows and doors on the upper two levels were switched out in 2017 with all West facing being triple pane. Shingle and skylight replacement followed in 2022 and 2023. A full upgrade/replacement schedule is an attached supplement , the RPR will be available there too. All contractors submitted letters of detail to the time of their completed tasks and are available upon request. This jewel in the Rockies has to be seen to be understood. Shop and compare, you will see and agree! (id:36938)

Rural Lac Ste. Anne County, Alberta

REMARKABLE OPPORTUNITY. Stunning recreation get-a-way on 2.23 acres being sold for Land, Buildings, Improvements. 6 SERVICED CABINS custom built 1X6 rough pine. Cabins 1 to 4 are 416 sq ft, 3 pc baths, electric stove, fridge, nook, Hide-a-bed, 6 X 16 covered deck, gas, satellite. Cabin 5, 880 sq ft, 2 dbl beds, laundry, 4 pc bath, living/dining, nook, fridge, stove, 6 X 20 covered deck. RESTAURANT: 640 sq, pine log finish, PVC commercial floor planking. Seats 20 (w) 24 more seats on 610 sq ft covered veranda (w) infrared heating, 3600 CFM fan, 100 amp service, plumbed for staff bath rm. 1536 sq ft TWO STORY SHOWER BLDG: 1st floor has male & female areas. Each has 4 coin operated stalls (w) 2 baths, 2 sinks. Female area change table. Mechanical Room has 200 amp service, high eff furnace, water softener, 85 gallons hot water tank warms in 3 minutes. 2nd floor has TWO 384 sf ft Contained suites. CAMPGROUND: 16 RV STALLS (w) water, septic, fire pits, 30 amp power, 1 serviced tent stall. (id:36938)

Calgary, Alberta

This property is 7 individual units. 5x 1 bedroom, 1 bath. 1 Studio and 1x 2 bedroom. The monthly rent of the units currently range from $1,100 - $1,400 but are below market value. Refer to the rent roll for the suggested rental increases. The owner also owns the building to the north for development opportunities. The combined frontage would reach 70' and 140' depth with a west facing backyard. Welcome to a timeless investment opportunity in the heart of Cliff Bungalow! This charming multi-family apartment building, built in 1911, exudes character and history while offering a sought after living experience of the incredible location. Comprising seven distinct units, this property is a testament to architectural longevity. This kind of property doesn't come up often so don't miss out. (id:36938)

Calgary, Alberta

INVESTOR 4 plex with prime inner city location for future land appreciation to add to your investment return. Current REVENUE of $73,200/year in a inner city LOCATION with quick access to downtown and the popular Marda loop community. Three 2 bedroom suites plus a 1 bedroom suite. Front entrance main level has two 2 bedroom units, Rear entrance has a walk out basement access for the 2 lower level units. Double garage with lane access. The current increasing demand for rentals offers the opportunity to increase the current income from $73,200/year. (id:36938)

Wetaskiwin, Alberta

Welcome to this very solid and upgraded 12 suite apartment building in Wetaskiwin! With a great suite mix of 11 Two Bedrooms and 1 One Bedroom this is a great investment for a rookie or seasoned investor. With Wetaskiwin feeling increasing rental rates, it's poised for the new owners to have this building be a cash cow! The roof was totally redone in 2016 and ALL windows and balcony doors were done in 2019. All units have dishwashers. Some units are upgraded with vinyl plank flooring, and newer countertops. A well maintained building inside and out, could bring a very solid return for a new owner. With an influx of capital into Wetaskiwin in the recent years, welcoming a second Tim Hortons, a Starbucks, a Booster Juice and a Jysk furniture store to name a few...they do their research before entering a new market. It's time for you to invest a steady Eddie cashflow market. Priced at $115,000/door it gives an affordable price point with good upside for the future. Come take a look today! (id:36938)

Calgary, Alberta

INVESTORS' ALERT: Full SxS duplex, situated at Winston Heights. Unit 516 was 98% finished with 3+1 bedrooms, 3 and a half baths, a professionally completed basement with a huge gaming room, wet bar, 4 pcs full bath and big bedroom. 514 was about 80-85% finished, it needs new flooring, painting, cabinet, vanities etc. (id:36938)

Lac La Biche, Alberta

This new building (2017) offers 3 rental bays with the opportunity to create your own business in the already existing pool hall. The building is 64x64 on a 75x120 fully paved commercial lot. The 4,096 sq.ft. ground floor has two rental bays, (1,270 sq.ft) and (2,700 sq.ft) both under a 3-year lease agreement. 2nd floor consists of a pool hall with 84-seat capacity establishment; currently operated by the building owner. 2nd story also features an outdoor balcony where customers can sit and enjoy the views of the lake; the back deck has a large commercial BBQ utilized for private functions/ special events. The 3rd story is a one bedroom, 2 bathroom penthouse style apartment with rooftop private deck and gazebo facing Lac La Biche lake. Suitable to use as a managers living quarters or can be rented separately as it has its own private entrance. The pool hall comes partially furnished. The location is central and potential is enormous as Lac La biche is currently lacking in some exciting night life. (id:36938)

Calgary, Alberta

Dream is about to come true! Welcome to this breathtaking full 50 X 120 R-C2 lot side by side full duplex, with a south facing back yard landscaped with beautiful perennials! All renovations were completed within the last three years with a fully developed basement suite for both sides, making this property look brand new!Upon entering, be greeted by a warm living room featuring new vinyl plank floors throughout that opens to a spacious dining area. The remodelled kitchen is filled with natural sunlight from the window. Each side features 3 sizable bedrooms and one 4-piece bathroom on the main floor, as well as 2 bedrooms and 1 bathroom in the basement . The “mirror” floor plan makes everything DOUBLE, allowing for this property to come with a total of 10 bedrooms and 4 bathrooms! Each unit has their own Separate side entrance to the lower level and are all equipped with their own laundry rooms. Additional advantages include but not limited to two separate sets of 100-amp new electrical panels for both sides, basement which was renovated according to legal basement suite code if the buyer would like to apply for their own legal suites. And plus, one double detached garage with 2 separate doors and divider wall in between!Live the ideal inner-city lifestyle in Tuxedo Park, only minutes away from Georges P. Vanier school, Balmoral School, and community green spaces. It is also within walking distance to the bus and only a few short blocks to Edmonton Trail, Centre Street, and minutes away to downtown Calgary, SAIT, Foothills Hospital, and U of C! This is a great opportunity to own a side-by-side FULL duplex, as the blanket rezoning would enable Possibility to increase the density by rezoning the lot from RC2 to RCG, which allowing the building of 4 units each with a secondary suite, which is up to 8 residences, or build a secondary suite (duplex, 2-4 units) in the backyard! Whether it's for big families of 3 generations, an airbnb business owner, investors looking f or steady income stream in this current hot rental market or developers looking for redevelopment opportunities, this property will give you all!!! Book your viewing today! (id:36938)

Calgary, Alberta

Welcome to this amazing Investment opportunity! Walking distance to Market Mall, University of Calgary, and Children's Hospital, this spacious property boasts a 20.1m frontage oversized lot alongside ample public parking. Bonus 4 additional parking spots accessible from the back alley, including a double detached garage! Featuring newer windows, Laminate floors, energy-efficient furnaces, and upgraded washrooms/kitchens, this well-maintained gem awaits its next lucky owner. Illegal suites in the basements. Amazing Cash flow opportunity. Link to virtual tour of the property is provided. Please have a look! (id:36938)

Calgary, Alberta

Great Investment opportunity. Very well maintained Solid built 6 plex, 5 -2 bedrooms with full bathroom and 1 - 1 bedroom with full bath. Mostly Adult long term tenants. Each unit has its own furnace and Hot Water Tank, fire alarm. Common separate laundry that brings in approx. $80-100 a month. All the units are large and bright with big windows, 2 entrance/exits, laminate flooring. The furnaces are maintained regularly and 3 have been replaced recently. New exterior paint. Roof is approx. 15 years old. Outside parking stall for each unit. Excellent Revenue property. Rental income info available upon request. NO SIGN ON PROPERTY. PLEASE DO NOT DISTURB THE TENANTS. Tenants right apply so please allow enough notice for showing. Ideally weekends - Saturday 1-3pm (id:36938)

Calgary, Alberta

Welcome to 405 and 407 28 Ave NE, a lucrative side-by-side single title duplex featuring separate entrances for each side, totaling four doors—one for upstairs and one for the basement on each side. This unique setup includes two illegal basement suites, offering the potential to accommodate up to four rental groups, yielding $8,000 per month in income. Currently, all units are rented out, presenting an excellent investment prospect. Situated within walking distance to schools, shopping, parks, and The Winston Golf Club, this property ensures convenience for tenants. Moreover, its proximity to transit facilitates commuting, while being just minutes away from downtown, YYC airport, UofC, SAIT, and Foothills Hospital. Don't miss this chance to capitalize on both immediate returns and future growth potential in Calgary's real estate market. *Viewings available to conditional offer only to minimize disturbance to tenants. (id:36938)

Lethbridge, Alberta

Embrace a unique opportunity to own an impeccably maintained 8-plex featuring charming 2-story townhomes surrounding a courtyard. This property is thoughtfully divided into two distinct 4-unit buildings, offering a blend of five spacious 2-bedroom units. Recent upgrades, including new windows, a durable roof, plush carpets, and modern appliances, add a touch of contemporary elegance to this investment.A meticulous renovation occurred approximately four years ago, as five units had their basements expertly finished to include a coveted third bedroom. This well-executed enhancement, completed with proper permits and attention to detail, features new wiring and upgraded electrical panels, elevating the property's overall appeal.Each unit comes complete with the convenience of in-suite laundry, offering a modern touch to everyday living. The location is a standout feature, close to bus routes, schools, parks, and shopping destinations. This versatile property presents a prime investment opportunity, combining comfort, modernity, and proximity to essential amenities. (id:36938)

Edmonton, Alberta

Exceptional Investment Opportunity! Discover the epitome of versatility and potential in this mixed-use commercial building with 4 residential units! Cheaper to buy than build, this contemporary property that offers a strategic blend of commercial and residential spaces. The main floor boasts a commercial retail area, an office bay, and convenient bathrooms. With common corridors and separate entrances, the flexibility of this space knows no bounds. One side of the building is perfect for retail endeavor or a barbershop, while the other side features a fully equipped commercial kitchen with take-out/pick-up windows, an ideal setup for aspiring restaurateurs. The east side of the building has its own private gated parking stalls for tenants and customers. (id:36938)

Calgary, Alberta

Welcome to this newly listed full side-by-side duplex, boasting a spacious 7000+ sqft lot and R-C2 zoning. Situated in the vibrant NW Varsity neighborhood, it offers convenient access to amenities and major routes. Close proximity to UofC, Children's Hospital, and Market Mall enhances its appeal. Each side is fully developed, featuring a total of four large bedrooms - two on the main level and two on the lower level. (id:36938)

Calgary, Alberta

Prime Investment Opportunity with a 7% Cap Rate in the Mission / Cliff Bungalow District of Central SW Calgary -Moments from Starbucks and the Dynamic 4th Street Scene! Seize the chance to own a remarkable investment on a prime 37'x120' lot within Calgary's coveted Mission district. This well-maintained 5-plex, standing proudly on a scenic, tree-lined street, blends the vibrancy of urban living with the enchanting allure of its early 1900s origins. Skillfully converted into five illegal suites (four 1-bedroom and one 2-bedroom), this two-story building captivates with each unit's unique character, enhanced by modern amenities including a complete set of appliances (five refrigerators, five stoves, one dishwasher, and one combination washer/dryer, two washers & 1 dryer). Recent renovations underscore the property’s commitment to quality and comfort, with new shingles installed in 2021 and the bathrooms in suites #1 and #2 completely remodeled in 2022, offering a contemporary living experience. Strategically situated, the property grants unbeatable access to the lively corridors of 17th Avenue and 4th Street SW, renowned for their rich assortment of dining, nightlife, and boutique shopping. It's a haven for those who thrive on an active lifestyle, with the MNP Community & Sport Centre and picturesque bike paths along the Elbow River just a stone's throw away. The convenience of biking or taking transit to downtown Calgary adds to this investment's allure. Four of the five illegal suites have been operating as lucrative Airbnb short-term rentals, a testament to their consistent demand and the property's income-generating prowess. Currently, only 1 is operating as an AirBnB with the balance on long-term leases. In addition, four parking spaces at the rear enhance its attractiveness andfunctionality. (This purchase price includes all the furnishings in 4 of the 5 suites. You are ready for business!) Whether your goal is to bolster your rental portfolio with a property boasting a solid revenue history and recent upgrades or to explore future development possibilities on this versatile lot — be it constructing your dream home or a new multifamily unit — this opportunity is ripe with potential. Invest in a locale that offers both growth and a lifestyle that's hard to match. (id:36938)

Edmonton, Alberta

Welcome to River Quarters, a very well managed and maintained 2.5 Storey 11 unit building located in the community of Boyle Street bordering the eastern edge of Edmontons central business district. 1960 solid wood frame building with brick and stucco exterior. The building consists of nine spacious 1 bedrooms, one large 2 bedroom and one Bachelor unit (Add Value Unit). Pride of ownership can be seen throughout the property. Extensive redevelopment and many changes have occurred within the neighbourhood during the past few years making this a great opportunity to add to your existing portfolio or simply start your multi family portfolio. Units are individually metered for electricity. The building is currently 100% leased with long term residents making this property a turn key investment that needs nothing. Great multi-family investment opportunity that will bring positive cash flows for years. (id:36938)

Calgary, Alberta

Welcome to this substantially updated legal 4-plex in the sought-after neighborhood of Cambrian Heights. Main floor units are 935.22 square feet 2 bedroom units and the lower suits are 838.53 & 839.94 square feet with a very large 1 bedroom on the lower levels. Situated just a short walk from Confederation Park, this property offers easy access to amenities and transportation. Meticulously maintained, the property boasts newer white kitchens and bathrooms with ceramic tiling in all units. Updates include 4 furnaces and shingles replaced in 2011, ensuring the building's efficiency and structural integrity. Hot water tanks were replaced between 5-8 years ago. Each unit features hardwood floors on the main level, providing a warm and inviting living space. Off-street parking for 4 vehicles is available at the back of the property. The sale includes 4 refrigerators, 4 electric stoves, 2 dishwashers, 2 washers, 2 dryers, and 2 storage sheds. The window coverings owned by the sellers are also included.The total size of the property is 3,901.85 square feet, with the main level measuring 2,037.72 square feet and the basement 1,864.13 square feet. The 50ft frontage lot offers ample space for outdoor enjoyment. Title and Real Property Reports are available in the supplements on the listing.Currently, the property generates a monthly income of $4,225, which is considered low for the area, presenting an opportunity for potential growth. Don't miss the chance to own this well-maintained and income-generating property in a desirable location. (id:36938)

Calgary, Alberta

Great revenue generating property in a convenient inner city location. This fully rented out apartment building backs onto the Highland Park golf course. There are 3 two-bedroom units and 2 one-bedroom units, and a coin-operated shared laundry room. Each suite comes with its own private balcony and an electrolysed parking stall at the rear. All units have been painted and updated accordingly over the years. Roof updated in 2013, boiler system furnace updated in 2014. With favourable access to transit and major thoroughfares including McKnight Blvd NE, this is a worthwhile asset for years to come. (id:36938)