Courtesy of Zafar Malik of Homes & Gardens Real Estate Limited.
Data was last updated 2024-05-06 at 17:51:16 GMT
$599,000

5223 50 ST   Tofield, AB

MLS®: E4383909
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"Fully Rented with 10% plus Cap Rate"Mix 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.
"Fully Rented with 10% plus Cap Rate"Mix 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.

Listing Information

Prop. Type:
Multi-Family (Commercial)
Status:
Active
City:
Tofield
MLS® Number:
E4383909
Neighbourhood:
Tofield
Area:
Beaver
Province:
AB
Listing Price:
$599,000

General Information

Year Built:
1972
Zoning/Land Use Code:
For Sale
Region:
Beaver

Additional Information

Plan:
9200S
Legal Block:
10
Legal Lot/Unit:
1

Other Information

Land Size Hectares:
0
Building Type:
Low Rise (2-4 stories)

VIP-Only Information

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This property is listed by Zafar Malik of Homes & Gardens Real Estate Limited and provided here courtesy of Kyle Rossiter. For more information or to schedule a viewing please contact Kyle Rossiter.
Kyle Rossiter
MaxWell Polaris
Phone: 780-450-6300
Mobile Phone: 780-637-4760
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.