This 1-bedroom, 1-bathroom single family in Elk Point offers 1,950 sqft of living area on a 789 sqft lot. Built in 1979. The property has lot dimensions of 788.56. The home features forced air heating, a finished, full basement.
A rare and compelling opportunity for the savvy investor. This package of four 4-plex buildings in the town of Elk Point delivers 16 rental units in a market defined by low supply and strong demand — the ideal conditions to build lasting income and long-term wealth. With residential rentals at a premium in smaller Alberta communities, this is your chance to secure a foothold and watch your portfolio flourish. Elk Point offers a full range of amenities including schools, hospital, banking, groceries, fuel, small businesses, and excellent recreational facilities — everything tenants need, right in town. Ideally situated just 25 minutes from St. Paul, one hour from the booming city of Cold Lake, and three hours from Edmonton. Strong location. Strong demand. Strong returns. (id:60351)
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Listed by Kim Werenka, Century 21 Poirier Real Estate
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Listing represented by Kim Werenka, Century 21 Poirier Real Estate · MLS# E4485832
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.