1, 5230 44 Avenue, Spirit River

2025-12-03
 

Quick Summary

Location
1, 5230 44 Avenue, Spirit River, Alberta T0H3G0
Price
$999,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
22177 sqft
Year of Construction:
1960

MLS®#A2273788

Property Description

Pleasant View Lodge in Spirit River, Alberta offers multifamily investors a rare chance to acquire a large-scale residential complex with exceptional repositioning potential. Set on 2.32 acres of R4 High Density Residential land, this 42-suite, 22,177 sq. ft. facility has strong underlying infrastructure and has benefited from meaningful capital upgrades, including newer boilers (2015), hot water tanks (2022/2023), double-glazed vinyl windows, and a torch-on roof installed in 2018. The building is currently vacant, providing a clean slate for redevelopment—ideal for conversion to rental apartments, staff housing, seniors housing, or specialized accommodation. Each suite includes a private bathroom, with 26 featuring full tubs or showers. The property also includes supporting amenities such as two staff washrooms, two assisted bathing rooms, a fully equipped commercial kitchen, industrial-grade refrigeration, generous common areas, commercial laundry, office space, a dedicated hair salon, and a 26’ x 40’ maintenance shop. Situated in a quiet, park-adjacent setting with ample parking, the property is just 50 minutes from Grande Prairie and steps from local services, retail, and the Central Peace Health Centre. With strong demand for quality rental housing and workforce accommodation in Northern Alberta, Pleasant View Lodge represents a compelling opportunity to acquire a high-capacity structure with multiple income-generating pathways and significant value-add potential. (id:32467)

Property Features

Building

  • Construction Style: Attached
  • Fireplace: No
  • Interior Size: 22177 sqft
  • Building Type: Apartment
  • Stories: 1

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: R4

Information entered by Sutton Group Grande Prairie Professionals
Listing information last updated on: 2025-12-03 19:39:38


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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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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.

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