Property Details

8, 5577 35 Street
Whitecourt (A2061713)

$11,900,000
52,500 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

The newest, nicest and largest rental development in Whitecourt. Very low vacancy with Gross rents to be in the $800,000 range in the near future. ( By June 1/24 all rents will be $1,695 pm) Built in 2015/16, it has been a favorite since day 1. Each unit is 1,350 sq ft. on 2 levels each with balcony as well as 5 appliances. Very well located in the newest area of Whitecourt. Close to new High School and 2 blocks from Elementary. Great walking trails. A proposed $3 Billion 465 Megawatt Power Plant with an Integrated Carbon Capture and Sequestration component has been recently announced within proximity to this property. Even closer is the announcement of a new 17,000 sq.ft. Shoppers Drug Mart to start summer 2024.

Property details

Basic Info

MLS® #
A2061713
Property Type:
Commercial
Subtype:
Multi Family
Subdivision:
NONE
Price
$11,900,000
Sale/Lease:
For Sale
Size:
52,500 sq.ft.
Year Built:
2015 (9 years old)

Building Info

Structure Type:
Other
Building Name:
Coal Water
Garage:
No
Fence:
Basement:
No
Inclusions:
40 fridges, 40 stoves, 40 dishwashers, 40 microwaves, 40 range hoods, 40 washers, 40 Dryers

Condo/Association Info

Condo Type:
Bare Land

Lot / Land Info

Lot Size:
2.52 acres
Legal Land Desc:
31-59-11-W5
Zoning:
R4

Listing Info

Possession:
Immediate
Days on Market:
279
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