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Descriptions:
This property is a very well-kept mixed-use property. Great suite mix with 8 One Bedroom Suites and 8 Two Bedroom Suites. There have been several capital upgrades in this property including a "torched roof" with a 40 year lifespan (2014), high efficiency boiler (2014), Waterproof Deck (replaced with waterproof materials) and R50 Attic Insulation (2014), Windows and sliding glass patio doors (2014) and Air Conditioning for Main/Commercial Floor (2017). A total of $312,975+/- spent in upgrades since 2013. Includes four renovated commercial bays with long-term tenants on the main floor. Each commercial unit has its own separate controlled heating and air conditioning. Another interesting attribute to this property is the assumable CMHC mortgage of approx. $1,476,000 (Jan 2023), 2.36% until May 2025. 30-year AM P+I $6,129 per month.
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| Location & Listing Info: |
| Neighbourhood: |
Morinville
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| Property Info: |
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| Property Type: |
Multi-Family Commercial |
| Year Built: |
1979 |
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| Additional Info: |
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| Legal Description: |
9817
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Contact Wayne Quintal -
10018 100 Avenue, Morinville, Alberta, T8R 1P7
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Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated May 1, 2024, 11:45 pm. |
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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