10310 100 Avenue
Fort Saskatchewan, Alberta
MLS® 43688707
$1,450,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 43688707
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1963
1 / 17Listing description
This good mixed use building is located in the Heart of Old Fort Saskatchewan! Fort Saskatchewan is a rapid growing city with lots of big oil and gas industries around. This building has 2 fully leased commercial bays (with rent increase annually) on the main floor and 6 residential units on the second floor.
A corner lot allowing for lots of windows along the front and sides. The second floor has fully rented 3 bachelor suites plus 3 one bedroom suites. Lots of on and off street parking, directly behind the building, across the alley on city property and on street along the side and front of the building.
Recent major upgrades: complete roof membrane redone, new heating system and the 2 commercial space improvements. One block to public library and walk to many surrounding restaurants, shops and parks. This is a great investment with good long term tenants and excellent income.
This is a good holding property with 6. 8% cap rate including management fees or 9. 0% cap rate if self manage.
The incomes and expenses shown are the actual 2025 financial. Unit Counts:Studio Apts: 0Bachelor Apts: 31 Bedroom Apts: 32 Bedroom Apts: 03 Bedroom Apts: 04+ Bedroom Apts: 0Other Units: 2Other Property Types: Business,Business with Property,Multi-Family,RetailSubject Space Width: 50Ownership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: YesSeller Rights: NoAppointment Name: Sam LingAppointment Phone: 780-990-8698Paragon Listing ID: E4457584
Property summary
- MLS® number
- 43688707
- Property type
- Multi-family
- Square footage
- 7,954 sq ft
- Land size
- 5000.688 square feet
- Built in
- 1963
- Parking
- 8 spaces
- Days on market
- 269 days
What would this home cost you?
Based on the $1,450,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Logic Realty, Edmonton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.