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Renanza Realty
For sale

5019 51 ST

Redwater, Alberta

MLS® E4510424

$519,900

Status
Active
Property type
House
MLS® number
E4510424
Bedrooms
2
Bathrooms
1
Year built
1969

Listing description

Great investment opportunity in the heart of Redwater! This well-located 4-plex is close to schools, downtown amenities and a variety of local businesses. The property features two 2-bedroom suites and two 1-bedroom suites, providing a desirable mix of unit types.

Numerous upgrades have been completed over the years, including windows, doors, flooring and furnaces, with new shingles installed in 2024. Each unit has its own dedicated storage room, while the property also includes a garden/storage shed. One of the suites enjoys the added benefit of a private deck, and the large private yard provides plenty of outdoor space for summer enjoyment.

Located in a convenient area with no vacancies, this property offers an excellent opportunity for an investor looking to add a fully occupied multi-family property to their portfolio.

Property summary

MLS® number
E4510424
Property type
Single Family
Building type
Fourplex
Square footage
1,664 sq ft
Title
Freehold
Land size
1066.99 square meters
Built in
1969
Parking
Rear
Days on market
16 days

Features & details

Heating
Forced air, See remarks
Basement
Finished, Full
Appliances
See remarks
Lot features
Flat site, Lane
Architectural style
Bi-level

What would this home cost you?

Based on the $519,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,419 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Edge Realty, Fort Saskatchewan.

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.