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!
5 Sunset Boulevard, Whitecourt
2025-06-22
Quick Summary
- Location
- 5 Sunset Boulevard, Whitecourt, Alberta T7S1K8
- Price
- $1,890,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 17865 sqft
- Year of Construction:
- 1970
MLS®#A2228412
Property Description
Turnkey 18-Suite Apartment Building – Fully Rented & Income Generating | Prime Whitecourt Location.Investor’s Dream – Strong Cash Flow + Long-Term Upside.Now is the time to diversify your portfolio with this rare, high-performing 18-unit multifamily asset located directly across from the Whitecourt Hospital and walking distance to the Allan & Jean Millar Centre. This fully tenanted building offers immediate income, long-term appreciation, and tax advantages—all in one solid investment. Property Features: 16 spacious 2-bedroom suites + 2 well-designed 1-bedroom suites. Fully occupied – consistent rental income from day one. New high-efficiency boiler installed in Sept 2022 – major capital upgrade complete. Excellent location with transit nearby, strong tenant demand. Well-maintained building with stable tenancy. Assumable CMHC-insured mortgage (~$1.286M) – obligation until 2033. Investment Highlights: Reliable monthly income + strong existing cash flow. Build equity while tenants pay down your mortgage. Hedge against inflation with real asset appreciation. Tax-efficient investment with depreciation benefits. Surging demand for rentals in healthcare & amenities-adjacent areas. Unlock Passive Income & Long-Term WealthWhether you’re a seasoned investor or expanding your multifamily holdings, this income-generating property is a low-risk, high-reward opportunity. NO VTB (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 17865 sqft
- Building Type: Multi-Family
Land
- Land Size: Unknown
Zoning
- Description: R-4
Information entered by EXIT REALTY RESULTS
Listing information last updated on: 2025-07-10 15:42:11
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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 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.
Yes, and yes.
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