For Sale · Land

5753 51 Avenue, Innisfail

5753 51 Avenue, Innisfail, AB T4G1R4

$199,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

95%

Lot Size

0.27764003673094584 ac

About this property

An incredible opportunity to own a large lot in a peaceful, sought-after location! Nestled in a quiet close, this beautiful property backs directly onto Dodd’s Lake, offering a wonderful setting to build the home you've always dreamed of. The lot is fully serviced, with all utilities conveniently located at the lot line, making the building process that much easier. Enjoy the beauty and tranquility of lakeside living while creating a home that's perfectly suited to your lifestyle. Don't miss this opportunity to secure your own piece of paradise! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$199K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$919

Projected NOI

$8K

Annual cash flow

$-3K

Cash-on-cash

-5.17%

DSCR

0.72

Going-in cap

3.99%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

132,072

Households

58,309

Median income

$120,500

Median age

35.2

Daytime population

224,463

5-yr growth

3.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 5753 51 Avenue, Innisfail.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.