Realty Executives Alberta Elite

Serving Central Alberta

Realty Executives Alberta Elite

Showing 1 of 0

5202 51 Avenue
Castor Alberta T0C 0X0 Canada

$350,000real estate property listed by Realty Executives real estate property listing

Active Listing ID A2019969
built icon
Built in 1959
home icon
Multi Family

$350,000real estate property listed by Realty Executives real estate property listing

Active Listing ID A2019969

5202 51 Avenue Who would like to own their own apartment building for the price of a city half duplex! This quality building is in an awesome location. Castor has everything a thriving town needs. They have a hospital, school, shopping and a swimming pool. THIS BUILDING IS FULLY RENTED and there is a waiting list! $50, 700 current rent per year. No better time in history to invest. This 7-unit residential apartment building has had over $120, 000 + WORTH OF QUALITY IMPROVEMENTS! No stress for you. 5.7% Cap Rate. Great location close to school, downtown, green space. There are 4-two bedroom apartments and 3-one bedroom apartments. 2 bedroom rents are $650, $600, $600 and $600. 1 bedroom rents are $650, $575 and $550; totalling $4, 225 a month. Tenants pay their own electric. Worlds best LIVE IN PROPERTY MANAGER already in place. It's a great property isn't it! Shouldn't it be yours? Please Note: This listing is being administered for auction by VPIAuctions. Sale terms: "Sold as is, where is"; "all sales are final"; 10% non refundable deposit upon being declared high bidder. Bidding starts Tuesday, January 31, 2023 at 9:00 am and ends approximately Friday, February 3, 2023 at 1:00 pm. See Listing Brokerage website for details.

Collapse all

Property Features

  • Facts
  • Built in: 1959
  • Property Type: Commercial
  • Property Sub-type: Multi Family
  • Features
  • Heating Systems: Baseboard, Natural Gas


  • Class Description: Listing
  • Additional Parcels YN: 0
  • Building Area Total: 5281.00
  • Building Area Total Metres: 490.62
  • Building Area Total SF: 5281.00
  • Business YN: 0
  • City: Castor
  • Construction Materials: Concrete, Wood Frame
  • County Or Parish: Paintearth No. 18, County of
  • Days On Market: 7
  • DOM Date: 2023-01-25T12:52:20.633
  • Ensuite YN: 0
  • Garage YN: 0
  • Heating: Baseboard, Natural Gas
  • Inclusions: N/A
  • Latitude: 52.21837730
  • List Agent Full Name: Bryce Kander
  • Listing Id: A2019969
  • List Office Name: Realty Executives Alberta Elite
  • List Price: 350000.00
  • Longitude: -111.90154900
  • Main Level Finished Area Units: SquareFeet
  • Mls Status: Active
  • Parking Total: 1
  • Postal Code: T0C 0X0
  • Property Sub Type: Multi Family
  • Property Type: Commercial
  • Restrictions: None Known
  • Standard Status: Active
  • State Or Province: Alberta
  • Street Name: 51
  • Street Number: 5202
  • Street Suffix: Avenue
  • Structure Type: Low Rise (2-4 stories)
  • Subdivision Name: NONE
  • Upper Level Finished Area Units: SquareFeet
  • Year Built: 1959
  • Zoning: R3
Listing Changed: 1/25/2023 12:55:05 PM GMT
Source Updated Date: 2/4/2023 2:12:50 AM GMT

Courtesy of: Bryce Kander, Realty Executives Alberta Elite, 403-896-7331

""Copyright 2023, Central Alberta Realtor Association""

The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed or warranted. All information should be independently verified through personal inspection by and/or with the appropriate professionals.