Active
PALO
4507 48 Avenue , Sylvan Lake, AB
$1,600,000
Multi-Family · MLS® A22684991,554Sq Ft
8Garage
2023Year Built
02 / Overview
PROPERTY OVERVIEW
INVESTMENT OPPORTUNITY in SYLVAN LAKE!
Discover this exceptional like new 2023 fourplex, ideally located in the heart of Sylvan Lake — a vibrant community known for its beautiful lake, golf courses, lively downtown filled with shops and restaurants, and a top-notch hockey arena at the NexSource Centre. Each high-end, spacious unit features 5 bedrooms and 3.5 bathrooms, offering exceptional value and comfort. The main floor welcomes you with a bright, open-concept design that includes a stylish kitchen with a walk-in...
03 / Details
PROPERTY DETAILS
Property TypeMulti-Family
Building TypeFour Plex
Total Finished Area1,554 sq ft
ZoningR5
HeatingForced Air • Natural Gas
Parking8 Car Garage
Year Built2023
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$4,373After mortgage & expenses
Cap Rate1.2%Based on market rents
Cash on Cash Return-16.4%With 20% down payment
Est. Monthly Rent$2,720Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
PALO
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Jacqui Fletcher · Royal LePage Network Realty Corp.