Listing Provided Courtesy Of:
Courtesy of John Dempster of RE/MAX Vision Realty.
Address
5113 53 ST Drayton Valley, AB
Price
$ 1,099,000
Property Attributes
  • Listing#E4222836
  • TypeCommercial
  • CityDrayton Valley
  • AreaBrazeau
  • NeighbourhoodDrayton Valley
  • Postal CodeT7A 1K8
  • StyleMulti-Family Commercial
  • Price$ 1,099,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15877
  • Lot Size0.48 Acres
Listing Provided Courtesy Of:
Courtesy of John Dempster of RE/MAX Vision Realty.
Data Source:
REALTORS® Association of Edmonton
Property Description

Great opportunity to invest in this 15 suite apartment complex in downtown Drayton Valley that has tremendous potential. With 5-3 bedroom/1.5 bath units, 6-2 bedroom/1 bath, 3-1 bedroom/1 bath units, along with 1 bachelor suite, this building provides a great range of suites to rent out. Each unit includes an intercom system for secured access to the building. Newer flooring has been installed throughout the suites. The building is situated on two lots measuring .48 acres in size(total). The HVAC has had upgrades as well over the years(Boiler-2012, HWT-2011). The property includes 16 energized parking stalls as well as on street parking(situated on a corner lot). Seller has indicated that all 10 balconies have been refurbished approx 10 years ago as well. The common laundry room is in the basement(tenants charged a flat fee monthly currently). Chimo Place would make a great next investment.

General Features

Community Drayton Valley
Listing Area Brazeau
Number of Units 15
Status ACTIVE
Type Multi-Family Commercial
Year Built 1971

Exterior Features

Public Remarks Great opportunity to invest in this 15 suite apartment complex in downtown Drayton Valley that has tremendous potential. With 5-3 bedroom/1.5 bath units, 6-2 bedroom/1 bath, 3-1 bedroom/1 bath units

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T7A 1K8

Statistics provided by Inside Real Estate

Price
AVG $1.1M
$1.1M
Visits
AVG 91
90
Year Built
AVG 1971
1971
Walkscore
AVG 50
50
Data Provided by Walkscore ® not using MLS data

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