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1-6, 10709 108 Avenue, Fairview
2024-06-24
Quick Summary
- Location
- 1-6, 10709 108 Avenue, Fairview, Alberta T0H1L0
- Price
- $750,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 6864ft2
- Year of Construction:
- 2009
MLS®#A2142844
Property Description
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:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 6864 sqft
- Building Type: Multi-Family
Land
- Land Size: 121 x 133|Unknown
Zoning
- Description: C-1 Residential Condominium
Information entered by Grassroots Realty Group Ltd.
Listing information last updated on: 2024-09-23 15:16:31
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for properties under $700,000. For properties over $700,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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