AB > Whitecourt
Whitecourt, AB T7S 1K8,5 Sunset BLVD
Whitecourt, AB T7S 1K8,5 Sunset BLVD
Whitecourt, AB T7S 1K8,5 Sunset BLVD
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Ken Rigel

Ken Rigel

+1(403) 207-1748
$1,890,000
Est. payment /mo
17,865 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,865 sqft

Price per Sqft $105

MLS Listing ID A2228412

Year Built 1970

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Multi Family

Property Description

Turnkey 18-Suite Apartment Building – Fully Rented & Income Generating | Prime Whitecourt Location.

Investor's Dream – Strong Cash Flow + Long-Term Upside.

Now is the time to diversify your portfolio with this rare, high-performing 18-unit multifamily asset located directly across from the Whitecourt Hospital and walking distance to the Allan & Jean Millar Centre. This fully tenanted building offers immediate income, long-term appreciation, and tax advantages—all in one solid investment.

Property Features:

16 spacious 2-bedroom suites + 2 well-designed 1-bedroom suites.

Fully occupied – consistent rental income from day one.

New high-efficiency boiler installed in Sept 2022 – major capital upgrade complete.

Excellent location with transit nearby, strong tenant demand.

Well-maintained building with stable tenancy.



Investment Highlights:

Reliable monthly income + strong existing cash flow.

Build equity while tenants pay down your mortgage.

Hedge against inflation with real asset appreciation.

Tax-efficient investment with depreciation benefits.

Surging demand for rentals in healthcare & amenities-adjacent areas.

Unlock Passive Income & Long-Term Wealth

Whether you're a seasoned investor or expanding your multifamily holdings, this income-generating property is a low-risk, high-reward opportunity.
Property has 18 parking stalls, visitors park on the street. lot is 21,860 square feet.

NO VTB

Location

Province AB

Zoning R-4

Interior

Inclusions 18 fridges, 18 stoves, 3 washers, 3 dryers (washers and dryers are on tokens)

Fireplace No

Exterior

Garage No

Building

Dwelling Type Low Rise (2-4 stories)

Others

Restrictions None Known

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Listed by EXIT REALTY RESULTS
Ken Rigel

Ken Rigel

Team Lead

+1(403) 207-1748

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