$799,000

Commercial For Sale In Sylvan Lake, Alberta

$799,000

Property Information:

Introducing a prime investment opportunity in the heart of downtown Sylvan Lake – a 7 unit multi-family complex located just half a block from the picturesque beachfront. This exceptional property presents an ideal revenue-generating asset, boasting a strategic location, versatile unit configurations, and exciting possibilities for high-density development. This multi-family gem comprises 5 one-bedroom units, each equipped with a well-appointed bathroom. Additionally, the complex features a two-bedroom unit with a bathroom and completing the ensemble is a bachelor suite totaling 7 suites. One of the suites is a basement suite with a washing machine, plus one of the suites has a washer and dryer. The roof was done in 2014. The strategic location and zoning create a solid foundation for capitalizing on the growing demand for housing in Sylvan Lake. Rents for $7000.00 per month. The adjacent lot MLS # A2104762 is for sale.

Inclusions: 6 Stoves, 7 Refrigerators, 1 Washer, Shed

Property Features:

  • Built in: 1964
  • Floor Space (approx): 2304.00 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Lot Size: 6324.00 Square Feet
  • Roof: Asphalt Shingle
  • Zoning: WDC

Courtesy of: Royal LePage Network Realty Corp.

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved