1-6, 10709 108 Avenue, Fairview, Alberta, CA

Address: 1-6, 10709 108 Avenue, Fairview, Alberta

0 Beds0 Baths6864 sqftStatus: Buy
Price $750,000

Property Overview


Your chance to become a commercial owner of a METICULOUSLY maintained 6-plex in a city with LIFT potential as Alberta continues to set migration records. Rental market in Fairview is extremely busy right now! This property is currently rented as an adult only/pet restricted building, with all units generating $1150/month + utilities as of September 1st, 2024. If you are looking for a solid building to park your money, there is no better property in terms of build quality and current condition than this one. This property is listed at $50,000 below appraised value... PER UNIT! Each unit has an above ground one-car garage, amazing sound proofing, and HVAC/laundry in-unit. Enjoy gas fireplaces, balcony's on each unit, open-concept, stainless appliances, and master ensuites. 3 units are 2 bed, 2 bath, and 3 units are 1 bed 1 den, 2 bath. Condo fees are $300/month and cover security, water, sewer, garbage, lawn care, exterior maintenance, and reserve fund contribution. The building has 30 year shingles! Fairview is a community that hosts 3 schools, a polytechnic university, hospital, seniors lodge and much more. All apartments are rented with the exception of one for showing purposes. Measurements are as per Condo documents. This is an attractive investment at $6900/month gross rent + utilities on a $750,000 purchase price. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
6864 sqft
Land Size
121 x 133|Unknown
Built in
2009
Building
Building Features
Foundation Type
Poured Concrete
Square Footage
6864 sqft
Total Finished Area
6864 sqft
Neighbourhood Features
Community Features
Pets Allowed With Restrictions, Age Restrictions
Maintenance or Condo Information
Maintenance Fees Include
Common Area Maintenance, Parking, Reserve Fund Contributions, Sewer, Waste Removal, Water
Parking
Total Parking Spaces
10
Land
Lot Features
Fencing
Not fenced
Other Property Information
Zoning Description
C-1 Residential Condominium
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Your Home Finance Calculation

Property Price CA $750,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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