1 6 10709 108 Avenue, Fairview
- Living area: 6864 square feet
- Added: 124 days ago
- Updated: 28 days ago
- Last Checked: 19 hours ago
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:1945)
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Property Details
- Heating: Natural gas
- Year Built: 2009
- Structure Type: Multi-Family
- Building Area Total: 6864
- Foundation Details: Poured Concrete
Interior Features
- Living Area: 6864
- Above Grade Finished Area: 6864
- Above Grade Finished Area Units: square feet
Exterior & Lot Features
- Parking Total: 10
- Lot Size Dimensions: 121 x 133
Location & Community
- Community Features: Pets Allowed With Restrictions, Age Restrictions
Property Management & Association
- Association Fee Includes: Common Area Maintenance, Waste Removal, Water, Parking, Reserve Fund Contributions, Sewer
Tax & Legal Information
- Tax Lot: 1,2,3,4,5,6
- Tax Year: 2023
- Tax Block: n/a
- Parcel Number: 0034074120
- Tax Annual Amount: 13468.44
- Zoning Description: C-1 Residential Condominium
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