5139 48th Street, Innisfail

2025-10-24
 

Quick Summary

Location
5139 48th Street, Innisfail, Alberta T4G1M2
Price
$1,299,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3968 sqft
Year of Construction:
2025

MLS®#A2265569

Property Description

This exceptional BRAND NEW 4-plex offers a rare chance to own a turnkey multi-family property in the heart of Innisfail. With a total of 3,968 sq. ft. above grade and an additional 1,736 sq. ft. below grade, the property combines style and functionality throughout. Each of the four units provides 1,426 sq. ft. of finished living space with a bright open-concept main floor featuring custom cabinetry, a large center island, granite countertops, and a convenient two-piece bathroom. Upstairs, both bedrooms are generously sized and include their own private four-piece ensuites, while the fully finished basement adds even more living space with a family room, an additional bedroom, laundry complete with washer and dryer and a full bathroom. In total, every unit offers three bedrooms and three and a half bathrooms, designed to meet the needs of modern living. The property is centrally located close to downtown and only one block from the town’s schools, making it highly desirable for families and long-term tenants. The exterior is landscaped and includes parking pads for each unit, creating a low-maintenance and well-planned development. With 5,704 sq. ft. of total finished living space across all four units, this brand new build with Certified New Home Warranty is an outstanding opportunity for investors or owner-occupiers in one of Alberta’s growing communities. Based on a market rent of $2000 per month (per unit) your gross cap rate would be 7.4% and combined with a 10 year new home warranty make for a worry free investment. (id:32467)

Property Features

Building

  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Cooling Type: None
  • Exterior Finish: Concrete, Stone, Vinyl siding
  • Fireplace: No
  • Flooring Type: Carpeted, Vinyl Plank
  • Interior Size: 3968 sqft
  • Building Type: Multi-Family
  • Stories: 2

Features

  • Feature: PVC window, Closet Organizers, No Animal Home, No Smoking Home

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: R-3

Information entered by RE/MAX real estate central alberta
Listing information last updated on: 2025-10-29 17:27:06


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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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