5 Sunset Boulevard, Whitecourt, Alberta T7S 1K8

Listed for:
$1,890,000
0 beds
0 baths
Listed 32 days ago
Multi-Family for rent: 5 Sunset Boulevard, Whitecourt, Alberta T7S 1K8

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Learn more about this property
Listing provided by:
EXIT REALTY RESULTS
MLS® number:
A2228412
Agent:
Paul Chauvet
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About

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 WealthWhether you’re a seasoned investor or expanding your multifamily holdings, this income-generating property is a low-risk, high-reward opportunity. NO VTB (id:27476)

Property Highlights

MLS® Number
A2228412
Type
Multi-family
Land Size
Unknown

Building

Building Type
Multi-Family
Square Footage
17865 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location