5223 50 Street , TOFIELD, Alberta - Homes & Gardens Real Estate Limited


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Listing Presented by Zafar Malik, Agent with (780) 436-1162

E4383909

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MLS®#: E4383909 $599,000 5223 50 Street TOFIELD AB T0B 4J0

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Description: Fully Rented with 10% plus Cap RateMix use Retail / 5 Commercial bays on main floor and 5 Residential suites on second floor. All 5 Commercial on Main Floor and all 5 Residential units on second floor are leased.Approximately 6400 Sq ft on both floors. All units have their own separate meters .Very good investment property with 10% plus Cap rate and long time tenants. Very close to Edmonton approximately 40 minutes & Sherwood Park AB approximately 20 minutes . Building insurance $321/month Roof changed in 2013.Boiler changed in 2017.Hot water tank changed in 2020.

Property Type:

COMMERCIAL

Property Sub-Type:

Multi-Family Commercial

Area:

Beaver

Year Built:

1972

Age:

52

Total Units:

5

Lot Square Feet:

3200

Zoning:

RA7

Community Name:

Tofield

Courtesy of:

HOMES & GARDENS REAL ESTATE LIMITED
Zafar Malik, Associate

Real Estate Edmonton

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Edmonton Real Estate Board Last Updated: 5/17/2024 1:57:23 AM

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3659 99 ST NW
Edmonton AB T6E6K5
(780) 436-1162

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