5617 60 Avenue Red Deer

5617 60 Avenue, Red Deer, Alberta

$1,470,000

  • 4,045 Square Feet

An exceptional investment opportunity with this twelve unit, fully rented apartment complex in a prime location near the Red Deer River. With ample stall parking on site, this building is perfectly positioned for renters. The Raven Thorpe Manor is in a quiet neighbourhood and yet offers convenient proximity to essential amenities, including the nearby mall and bus stops. Just a short walk to Bower Ponds, residents enjoy immediate access to the city’s extensive network of walking and biking paths. This property includes 3 one bed/one bath units and 9 two bed/one bath units, is fully rented and there is potential to increase rents. Almost half of the suites have been renovated and for buyers looking for an additional advantage, this building has been condominiumized with all 12 suites individually titled allowing an investor to hold the building as a long term investment or sell suites individually . (id:23309)

  • Listing ID: A2175520
  • Property Type: Multi-family
  • Year Built: 1973

Schedule a Tour

Schedule Private Tour

Jonathan Varkey would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact Jonathan Varkey, who specializes in Red Deer real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let Jonathan Varkey find a property to match your lifestyle.

Details

  • Ownership: Freehold
  • Parking Spaces: 12
  • Plan: 0729407
  • Total Buildings: 1
  • Transaction: For sale
  • Zoning Description: R2

Building

  • Constructed Date: 1973
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Heating: Baseboard heaters
  • Heating Fuel: Natural gas
  • Size Exterior: 4044.69 sqft
  • Size Interior: 4044.69 sqft
  • Total Finished Area: 4044.69 sqft
  • Type: Multi-Family

Land

  • Size Frontage: 41.93 m
  • Size Irregular: 17124.09
  • Size Total: 17124.09 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)
MLS®

Listing provided by Sotheby's International Realty Canada
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5617 60 Avenue in Red Deer Ontario. It was last modified on November 3rd, 2024. Contact Jonathan Varkey to schedule a viewing or to discover other Red Deer real estate for sale.

Request More Information

Want more information or schedule a showing? Request more information with Jonathan Varkey, who specializes in Red Deer properties.

Terms of Use Agreement

Terms of Use
This website is operated by Jonathan Varkey, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Jonathan Varkey, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Jonathan Varkey may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline