709 Hammond Drive S, Fox Creek

2026-07-03
 

Quick Summary

Location
709 Hammond Drive S, Fox Creek, Alberta T0H1P0
Price
$595,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2400 sqft
Garages:
5
Year of Construction:
1980

MLS®#A2325910

Property Description

Welcome to your new investment opportunity. This fully occupied 4-plex with fixed term leases in place will properly reward you. The building contains 4 - 3 BR , 1 1/2 BA suites. Each offers a full kitchen, dining area, living room, 1/2 bath and a storage room on the main floor, along with 3 BR, a full bathroom, mechanical room and laundry area downstairs. 3 suites are unfurnished and one has just been furnished with all new furniture! There are patio doors leading from the main floor living space onto the outdoor balconies. The suites are designed in a bi-level format, with the living space upstairs on the main floor and the bedrooms downstairs on the lower level. Two units face the street and the other two face the back yard. 5 paved parking stalls are located to the front of the building, coming directly off the street. The building was built in 1980 and is constructed of wood framing and a PWF foundation. It is a wood-sided building with asphalt shingles on the roof. Each of the units has a gas furnace and hot water heater. RENOVATIONS: All 4 suites have had many updates. These renos include new paint, new vinyl plank flooring, bathroom updates, 2 new high-efficiency furnaces, 3 new hot water heaters and all 4 new balconies. Additionally, various appliance upgrades were installed within the last two years including washers, dryers, stove, all new electrical panel upgrades in all four suites, exterior doors, interior doors and so one for more than 30.000 dollars in upgrades. 3 suites are rented unfurnished and the tenants pay their own heat, hot water and electricity and the on unti is rented furnished, with the owner paying utilities. The owner pays the monthly water and sewer costs. Current gross return on investment: 13.31%. Net return on investment: 9.28% (based on 79200.- annual income - 23940.- projected expenses) (id:32467)

Property Features

Building

  • Appliances: Refrigerator, Stove, Window Coverings, Washer & Dryer
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Fireplace: No
  • Flooring Type: Laminate
  • Interior Size: 2400 sqft
  • Building Type: Multi-Family

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: R3

Information entered by eXp Realty
Listing information last updated on: 2026-07-02 18:51:52


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$500,000

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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?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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