Thanks for viewing this Preferred Property below. If you have any questions or would like to schedule a viewing, please feel free to call our office at 780-701-2626 and ask for Anu Khullar or John Carter. Toll free is 1-877-417-2626 or email by clicking on the envelope logo on the left of the photos on the listing.
Courtesy of Sutton Central Commercial Real Estate.
This unique complex sits on almost one acre of land. 35 suite apartment complex comprises if 14x1 bedroom units 121x2 bedrooms units. Large suite sizes. Upper units all have balconies main floor units have walkout patios. Torch on membrane roof replaced in 2014. Hot water heating system. Hot water tank replaced in 2017. New intercom system. All electrical breakers in units replaced in 2021. 31 of the 35 units have been upgraded in the last 5 years. All units have full size fridge and stove, some have dishwashers, all balconies surfaces have been upgraded, back of the building converted to extra parking lot leased for 10 years @ 1200/month. Excellent area new complex constructed just across the building. Close to Northgate mall and Yellowhead Highway 16. Owner managed. Gross annual income of over $387,780. cap rate 5%.
This property is listed by Sutton Central Commercial Real Estate and provided here courtesy of
Anu Khullar.
For more information or to schedule a viewing please contact Anu Khullar.