1-4, 1019 Cassils Road W, Brooks

2026-03-25
 

Quick Summary

Location
1-4, 1019 Cassils Road W, Brooks, Alberta T1R0C8
Price
$548,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1819 sqft
Year of Construction:
1976

MLS®#A2296341

Property Description

Turnkey investment opportunity in the heart of Brooks, Alberta. Well maintained 4-plex, built in 1976, offers four 2 bedroom units, making it an attractive addition to any investor’s portfolio. With a strong annual gross rental income of $53,400 and an estimated cap rate exceeding 5.5%, this property delivers reliable cash flow and value.Each unit is separately metered, tenants responsible for their own power and gas, helping to keep operating costs predictable and manageable. Current annual expenses include approximately $4,472 in property taxes and $5,100 in insurance, supporting solid net income performance. Owner pays city utility, to date average monthly cost of $325.Hail damage repair this spring will include new roof and exterior. Situated in a stable rental market, this property benefits from consistent demand for affordable, multi-family housing. Whether you’re expanding your portfolio or entering the investment market, this 4-plex presents a compelling combination of income, efficiency, and potential for future appreciation.A smart, income-generating asset in a rental demand Alberta community. (id:32467)

Property Features

Building

  • Appliances: Stove, Hood Fan, Washer & Dryer
  • Architectural Style: Bi-level
  • Fireplace: No
  • Interior Size: 1819 sqft
  • Building Type: Multi-Family

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: R3

Information entered by RE/MAX Main Street Realty
Listing information last updated on: 2026-03-25 18:13:43


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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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Are your listings on MLS® and realtor.ca?

Yes, and yes.


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