AB > Innisfail > Central Innisfail
Innisfail, AB T4G 1M2,5139 48th Street
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Innisfail, AB T4G 1M2,5139 48th Street
Innisfail, AB T4G 1M2,5139 48th Street
Innisfail, AB T4G 1M2,5139 48th Street
Innisfail, AB T4G 1M2,5139 48th Street
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Brad McCallum

Brad McCallum

+1(587) 441-4045
$ 1,299,900
Est. payment /mo
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5139 48th Street Innisfail, AB T4G 1M2

3,968 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3968.0

Square Footage 3,968 sqft

Price per Sqft $327

Subdivision Central Innisfail

MLS Listing ID A2265569

Style 2 Storey

Year Built 2025

Property Sub-Type 4 plex

Property Description

This exceptional BRAND NEW 4-plex offers a rare chance to own a turnkey multi-family property in the heart of Innisfail. With a total of 3,968 sq. ft. above grade and an additional 1,736 sq. ft. below grade, the property combines style and functionality throughout. Each of the four units provides 1,426 sq. ft. of finished living space with a bright open-concept main floor featuring custom cabinetry, a large center island, granite countertops, and a convenient two-piece bathroom. Upstairs, both bedrooms are generously sized and include their own private four-piece ensuites, while the fully finished basement adds even more living space with a family room, an additional bedroom, laundry complete with washer and dryer and a full bathroom. In total, every unit offers three bedrooms and three and a half bathrooms, designed to meet the needs of modern living. The property is centrally located close to downtown and only one block from the town's schools, making it highly desirable for families and long-term tenants. The exterior is landscaped and includes parking pads for each unit, creating a low-maintenance and well-planned development. With 5,704 sq. ft. of total finished living space across all four units, this brand new build with Certified New Home Warranty is an outstanding opportunity for investors or owner-occupiers in one of Alberta's growing communities. Based on a market rent of $2000 per month (per unit) your gross cap rate would be 7.4% and combined with a 10 year new home warranty make for a worry free investment.

Location

Province AB

Zoning R-3

Rooms

Basement Full

Interior

Interior Features Closet Organizers, Granite Counters, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Vinyl Windows

Heating High Efficiency, Forced Air, Natural Gas

Cooling None

Flooring Carpet, Vinyl Plank

Inclusions Fridge x 4, Stove x4, Dishwasher x 4, Over Range Microwave x 4, Washer and Dryer x 4

Fireplace No

Exterior

Exterior Feature None

Parking Features Off Street, Parking Pad

Roof Type Asphalt Shingle

Total Parking Spaces 4

Garage No

Building

Dwelling Type Four Plex

Story Two

Foundation Poured Concrete

Builder Name LAWRENCE DEVELOPMENTS LTD.

Architectural Style 2 Storey

Level or Stories Two

New Construction Yes

Others

Restrictions None Known

Listed by RE/MAX real estate central alberta
Brad McCallum

Brad McCallum

+1(587) 441-4045

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5139 48th Street