Property view at 5111, 53 Street  , Rocky Mountain House - Multi-Family investment property with 7,335 sqft - Photo 1 of 46 | Calgary real estate investment
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5111, 53 Street

Rocky Mountain House, Alberta T4T 1E4
MLS® A2213865179 days on marketListed Apr 25, 2025
Exclusive Offering
$1,434,900
7,335Living Space
8Garage Spaces
2017Year Built

Property Overview

Multi level assisted living facility for sale! 2017 built - 7,819 square foot assisted living facility providing a total of 6 suites with a total of 9 billable rooms.

The main floor of the building has three suites, a laundry room, storage room, mechanical room and storage room.

A common hallway leads from the font entrance on the west side of the building to the rear on the east.

All suites have a kitchen, dining area, bathroom and living room.

The second level has one large suite which houses four individual rooms, a dining area, kitchen, office, living room and two large bathrooms and one 2-piece washroom.

The third level contains two private suites.

Each unit has a kitchen, living room, dining room, den and bathroom.

Also on this level is a furnace room and utility/storage room.

Building was designed with accessibility in mind. Elevator for tenants use and extra parking behind the building.

Also features a secure entrance with intercom and fob entrance.

Must be seen to be appreciated!

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$196/sqft
Below Calgary average - potential value opportunity

Investment Considerations

Modern Property: Good balance of modern amenities and reasonable pricing. Typically lower maintenance.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Multi-Family Investment: Income diversification with multiple units. Owner-occupy opportunity to offset mortgage.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.

GA4 Testing

Tests 6 events including Tier 1 conversions