Address
5223 50 ST, Tofield, AB
Price
$ 599,000
Property Attributes
  • ID#E4383909
  • TypeMulti-Family
  • CountyEDMONTON
  • CityTofield
  • NeighborhoodTofield
  • ZipT0B 4J0
  • Style
  • Price$ 599,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6400
  • Lot Size3,200 SqFt
Data Source:
RLP - CREA EN
Property Description

Fully Rented with 10% plus Cap RateMix use Retail / 5 Commercial bays on main floor and 5 Residential suites on second floor. All 5 Commercial on Main Floor and all 5 Residential units on second floor are leased.Approximately 6400 Sq ft on both floors. All units have their own separate meters .Very good investment property with 10% plus Cap rate and long time tenants. Very close to Edmonton approximately 40 minutes & Sherwood Park AB approximately 20 minutes . Building insurance $321/month Roof changed in 2013.Boiler changed in 2017.Hot water tank changed in 2020. (id:27)

General Features

Terms SALE
Neighbourhood Tofield
Property Type Multi-family

Exterior Features

Lot Size 3200

Amenities

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

Property vs Multi-Family Average in T0B 4J0

Price
AVG $600K
$600K
Visits
AVG 24
23
Data Provided by Inside Real Estate®
Year Built
AVG 1972
1972