7 Nyberg Avenue, Red Deer

2025-10-16
 

Quick Summary

Location
7 Nyberg Avenue, Red Deer, Alberta T4P1R5
Price
$689,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2086 sqft
Year of Construction:
1978

MLS®#A2264661

Property Description

Excellent investment opportunity! This well-maintained 4-plex offers steady rental income and long-term potential for real estate investors. Each self-contained suite features 2 bedrooms, 1 full bathroom, and in-suite laundry for tenant convenience. The property is ideally located close to schools, parks, and within walking distance to Parkland Mall, ensuring strong tenant appeal. Recent building upgrades include new siding, fascia, and downspouts (2025), as well as re-surfaced decks with metal railings and a chain-link fence surrounding the property for added safety and security. Paving blocks were replaced in 2024. Inside, the units were updated approximately 20 years ago with modernized cabinetry, vinyl plank flooring in the basement suites, and carpeted upper units. The lower units feature two separate entrances and a dug-out patio area perfect for BBQs and outdoor seating. A solid, income-producing property with valuable recent improvements and a convenient location—ready to add to your portfolio! (id:32467)

Property Features

Building

  • Appliances: Refrigerator, Dishwasher, Stove, Washer & Dryer
  • Fireplace: No
  • Flooring Type: Carpeted, Linoleum, Vinyl
  • Interior Size: 2086 sqft
  • Building Type: Multi-Family

Features

  • Feature: Back lane

Land

  • Land Size: 8587 sqft|7,251 - 10,889 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: R-M

Information entered by Realty Experts Group Ltd
Listing information last updated on: 2025-10-16 15:57:27


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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.

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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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What do you charge?

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.

Q
Are your listings on MLS® and realtor.ca?

Yes, and yes.


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Bhavya Soni Associate

Phone:
7807070479
Email:
Opendreamdoorswithbhavya@gmail.com
Support Area:
Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park, St Albert, Millet, Wetaskiwin, Calmar, Devon, Morinville, Westlock County, Red Deer, Rimbey, Athabasca, Leduc, Falun, Ponoka, Lacombe, Camrose, Thorby, Drayton Valley

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