5139 48 ST Innisfail, AB T4G 1M2
Open House
Thu Jan 01, 7:00am - 11:45pm
Fri Jan 02, 7:00am - 11:45pm
Wed Dec 31, 7:00am - 11:45pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3942.0
Square Footage 3,942 sqft
Price per Sqft $324
Subdivision Central Innisfail
MLS Listing ID A2276264
Style 2 Storey,Townhouse
HOA Y/N No
Year Built 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 4 plex
Property Description
**The Investor's Edge: New Construction & Warranty**
The beauty of new construction lies in the "set it and forget it" lifestyle. Enjoy the ultimate peace of mind with a 10-year New Home Warranty protecting your capital from structural issues and major maintenance costs. This is a "turn-key" dream—no aging roofs, no outdated plumbing, and no surprise repair bills.
**The Units: Premium Finishes = Premium Rents**
Each of the four large townhome-style units is engineered to attract and retain high-quality tenants:
• Generous Space: 3 Bedrooms | 3.5 Bathrooms | Fully Finished Basements.
• Luxurious Interiors: Chef-inspired kitchens featuring quartz countertops, sleek two-tone cabinetry, and a functional breakfast bar.
• Bright & Airy: Oversized windows and high-end lighting packages create an inviting, modern atmosphere.
• Revenue Potential: Projected rents of $2,000–$2,100 per month per unit, generating significant monthly cash flow and long-term equity growth.
Strategic Location: The Innisfail Advantage
Location is the foundation of any great investment. These units are perfectly situated within walking distance to downtown Innisfail putting tenants steps away from local coffee shops, restaurants, and shopping. With schools and parks nearby, you are tapping into a high-demand rental market for families and professionals alike.
Scalability & Financing
• Leverage: This property type is eligible for a 30-year mortgage, allowing you to optimize your debt-to-equity ratio.
• Expansion Opportunity: Looking for more doors? The builder owns the vacant lot next door and is prepared to build a second four-plex, allowing you to scale to 8 units in one prime location.
Why wait for the market to move when you can own the market? Invest in a maintenance-free future today.
Location
Province AB
Community Golf, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights
Zoning R-3
Rooms
Basement None, Full
Interior
Interior Features Breakfast Bar, Kitchen Island, No Animal Home, No Smoking Home, Pantry, Quartz Counters, Recessed Lighting, Vinyl Windows
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Vinyl Plank
Inclusions Fridge x4, Stove x4 , Microwave/Fan combo x 4, Dishwasher x4, Washer/Dryer x4
Fireplace No
Appliance See Remarks
Laundry In Basement
Exterior
Exterior Feature Private Entrance
Parking Features Parking Pad
Community Features Golf, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights
Roof Type Asphalt Shingle
Total Parking Spaces 4
Garage No
Building
Lot Description Back Lane, Back Yard, City Lot, Front Yard, Lawn
Dwelling Type Four Plex
Story Two
Foundation Poured Concrete
Architectural Style 2 Storey, Townhouse
Level or Stories Two
New Construction Yes
Others
Restrictions None Known
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