5 Sunset Blvd

For Sale 78 Days
$1,890,000
beds
baths
17,865 Sqft

5 Sunset Blvd

For Sale 78 Days
$1,890,000
beds
baths
17,865 Sqft

Highlights

Key insights

Description

Turnkey 18-Suite Apartment Building – Fully Rented & Income Generating | Prime Whitecourt Location.Investor’s Dream – Strong Cash Flow + Long-Term Upside.Now is the time to diversify your portfolio with this rare, high-performing 18-unit multifamily asset located directly across from the Whitecourt Hospital and walking distance to the Allan & Jean Millar Centre. This fully tenanted building offers immediate income, long-term appreciation, and tax advantages—all in one solid investment. Property Features: 16 spacious 2-bedroom suites + 2 well-designed 1-bedroom suites. Fully occupied – consistent rental income from day one. New high-efficiency boiler installed in Sept 2022 – major capital upgrade complete. Excellent location with transit nearby, strong tenant demand. Well-maintained building with stable tenancy. Assumable CMHC-insured mortgage (~$1.286M) – obligation until 2033. Investment Highlights: Reliable monthly income + strong existing cash flow. Build equity while tenants pay down your mortgage. Hedge against inflation with real asset appreciation. Tax-efficient investment with depreciation benefits. Surging demand for rentals in healthcare & amenities-adjacent areas. Unlock Passive Income & Long-Term WealthWhether you’re a seasoned investor or expanding your multifamily holdings, this income-generating property is a low-risk, high-reward opportunity. NO VTB (id:63267)

PAUL CHAUVET of EXIT REALTY RESULTS,
#A2228412
updated 2 weeks ago.
Houseful checked MLS® for data 2 weeks ago.

Home overview

Overview
  • Lot size (acres)
    0.0
  • Building size
    17865
  • Listing #
    A2228412
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28492005/5-sunset-boulevard-whitecourt
  • 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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$-5,040

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25 Years fixed, 20% down payment, % interest
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