4940 49 Street #1 19

For Sale 116 Days
$2,490,777
beds
baths
6,801 Sqft

4940 49 Street #1 19

For Sale 116 Days
$2,490,777
beds
baths
6,801 Sqft

Highlights

Key insights

Description

Rare Investment Opportunity – Fully Renovated Apartment Building in Rocky Mountain HouseDon’t miss this exceptional opportunity to own a fully tenanted, turn-key apartment building in the heart of Rocky Mountain House with potential to add 2 more stories! With $1 million in high-quality renovations, this 17-unit concrete and stone building is a rare asset—ideal for investors looking for long-term stability and returns. Other notable upgrades: new roof 2015, new windows 2016, new boiler 2020, and both pumps were rebuilt 2025. This professionally managed building features 16 well-designed studio apartments and one spacious one-bedroom unit. The expansive basement, formerly home to 30 underground parking stalls, offers incredible development potential. Whether you envision additional apartment units (subject to town approval), storage lockers, or a tenant recreation space, the possibilities are endless. A small office is already in place for property management or administrative use.Situated on one of the most desirable streets in Rocky Mountain House, the building boasts breathtaking west-facing mountain views, a large paved parking lot, and low-maintenance landscaping. With a concrete and stone exterior, minimal yard work, and close proximity to shopping, dining, and all local amenities, this is truly a prime addition to any investment portfolio. (id:63267)

Bryce Kander of Realty Executives Alberta Elite,
#A2234841
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Exterior
  • # total stories
    1
  • Fencing
    Not fenced
  • # parking spaces
    30
Location
  • Community features
    Pets not allowed
  • Subdivision
    Rocky mtn house
  • Directions
    1391912
Overview
  • Lot size (acres)
    0.0
  • Building size
    6801
  • Listing #
    A2234841
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28526034/1-19-no-3-or-13-4940-49-street-rocky-mountain-house-rocky-mtn-house
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-6,642

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25 Years fixed, 20% down payment, % interest
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