5 Sunset Boulevard, Whitecourt, AB, T7S 1K8

MLS® # A2228412

Commercial For Sale In Whitecourt, Alberta

$1,890,000

None Beds

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5 Sunset Boulevard, Whitecourt, AB - Outdoor

5 Sunset Boulevard, Whitecourt, AB - Indoor Photo Showing Laundry Room

5 Sunset Boulevard, Whitecourt, AB - Indoor Photo Showing Other Room

5 Sunset Boulevard, Whitecourt, AB - Indoor Photo Showing Bathroom

5 Sunset Boulevard, Whitecourt, AB - Indoor

5 Sunset Boulevard, Whitecourt, AB - Indoor Photo Showing Kitchen

5 Sunset Boulevard, Whitecourt, AB - Indoor Photo Showing Basement

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5 Sunset Boulevard, Whitecourt, AB, T7S 1K8

$1,890,000

Property Information:

Turnkey 18-Suite Apartment Building – Fully Rented & Income Generating | Prime Whitecourt Location.Rare opportunity to acquire a fully tenanted 18 unit multifamily across from the Whitecourt Hospital and steps from the Allan & Jean Millar Centre. Property includes 16 two-bedroom units & 2 one-bedroom units, strong tenants demand, and a high efficiency boiler (September 2022). Well maintained with 18 parking stalls on a 21, 860 square foot lot. Investment HIghlights: Immediate rental income with stable long-term tenancy, strong cash flow and equity growth, high demand in healthcare-adjacent area, tax-efficient multifamily investment.

Inclusions: 18 fridges, 18 stoves, 3 washers, 3 dryers (washers and dryers are on tokens)

Property Features:

Built in: 1970
Floor Space (approx): 17865.00 Square Feet
Lot Size: 21860.00 Square Feet
Zoning: R-4

Courtesy of: EXIT REALTY RESULTS

Data provided by: Alberta West REALTORS® Association Foothills Building, Hinton, Alberta T7V 1V1
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

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Market Price Trends

Location of 5 Sunset Boulevard, Whitecourt, AB, T7S 1K8

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

30/100

Moderate-Low

ClimateCheck®

Current data

This property, 5 Sunset Boulevard , experiences 7 hot days per year at around 27.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 31 degrees Celsius.

Projected Avg. Temperature

Past

27.8℃

2050

31℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

31/100

Moderate-Low

ClimateCheck®

Current data

This property, 5 Sunset Boulevard , experiences 10 significant 2-day storms per year, with about 225.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 240.3mm of precipitation per year.

Precipitation Per Storm

Past

225.1mm

2050

240.3mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5 Sunset Boulevard, Whitecourt, AB, T7S 1K8

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$129,267.52

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.77 %

High school certificate or equivalent

33.24 %

Apprenticeship trade certificate/diploma

11.9 %

College/non-university certificate

23.84 %

University Degree

10.25 %

Commuter

Travel To Work

By Car

91.1 %

By Public Transit

0.0 %

By Walking

7.96 %

By Bicycle

0.0 %

By Other Methods

0.94 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.27 %

Houses

82.73 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 5 Sunset Boulevard, Whitecourt, AB, T7S 1K8

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 5 Sunset Boulevard, Whitecourt, AB, T7S 1K8

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

5 Sunset Boulevard, Whitecourt, AB, T7S 1K8

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing