1-6, 5407 48 Avenue, Forestburg

2025-06-16
 

Quick Summary

Location
1-6, 5407 48 Avenue, Forestburg, Alberta T0B1N0
Price
$495,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3082 sqft
Year of Construction:
1976

MLS®#A2227785

Property Description

Welcome to an excellent real estate investment opportunity! This 6-unit apartment building is located in the growing community of Forestburg and offers affordable housing for tenants. The showcased photos are of Unit 3, which has been recently renovated. The layout includes one 1-bedroom, 1-bathroom unit (Unit 1), while the remaining five units each feature 2 bedrooms and 1 bathroom. A shared mechanical room houses the hot water tanks, and there is one washer and one dryer available for tenant use. The building offers convenient dual access with both a front and rear main entrance, making it easy to reach any of the six units from either the street or the back of the property. At the rear, you'll find six dedicated gravel parking stalls, while additional street parking is available at the front. (id:32467)

Property Features

Building

  • Appliances: Refrigerator, Stove, Washer & Dryer
  • Construction Style: Attached
  • Fireplace: No
  • Interior Size: 3082 sqft
  • Building Type: Apartment
  • Stories: 3

Features

  • Feature: Back lane

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: R4

Information entered by Realty Experts Group Ltd
Listing information last updated on: 2025-06-16 16:36:25


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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

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What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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