$ 2,095,000
9817 100 ST Morinville, AB T8R 1R3
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$ 2,095,000
Est. payment | /mo
17,562 SqFt
$ 2,095,000
Est. payment | /mo
17,562 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type for sale
Square Footage 17,562 sqft
Price per Sqft $119
MLS® Listing ID E4328328
Year Built 1979
Property Description
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.
Location
Province AB
Community Morinville
Area Sturgeon
Building
Story 3
Copyright 2024 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by David Parker • Northfield Commercial
Thanks for stopping by. My name is Nathan Lorenz, REALTOR® at Real Broker here in the Greater Edmonton area real estate market helping clients buy, sell, or invest in real estate.
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