22
See all 22 photos
$1,651,000
Est. payment /mo
Active
5215 50 ST Redwater, AB T0A 2W0
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID E4417936
Year Built 1968
Property Description
Nestled in the heart of Alberta's rapidly growing Heartland, this 21-unit low-rise apartment building offers an exceptional investment opportunity. Located in Redwater, AB, this property is perfectly positioned to capitalize on the region's ongoing economic expansion, driven by significant investments in the energy and industrial sectors.Unit Mix:2 Studio Units, 10 One-Bedroom Units ,9 Two-Bedroom Units. Several units have been updated including kitchens , flooring and bathrooms. Balconies have been updated and some windows. 22 energized parking stalls.Close to schools, parks, shopping centers, and healthcare facilities, ensuring a convenient lifestyle for residents.Situated near major industrial projects and transpotransportation routes, providing easy access to employment hubs and commuting options.
Location
Province AB
Zoning Zone 60
Interior
Flooring Carpet, Lino
Others
Tax ID 0010998623
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Jennifer C Lucas • Royal LePage Noralta Real Estate