For Sale · Land

4808 51 ST, Rural Lac Ste. Anne County

4808 51 ST, Rural Lac Ste. Anne County, AB T0E0A0

$65,000 total

—

Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

97%

Year Built

1965

Lot Size

0.14 ac

About this property

Awesome lot in Alberta Beach, walking distance to all amenities such as the Main Beach area, local grocery shopping, restaurants and coffee house, library, museum, seniors centre and so much more., This lot measures 50' x 125' and is pretty much flat with a back alley access as well. Sewer, Power and Gas are at the property line. Great lot to build your weekend retreat or your retirement home. Only 35 minutes west of Edmonton in the small recreational community of Alberta Beach (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$65K
Down payment30% · $20K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$300

Projected NOI

$3K

Annual cash flow

$-1K

Cash-on-cash

-5.28%

DSCR

0.71

Going-in cap

3.96%

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

84,285

Households

40,060

Median income

$80,000

Median age

42.9

Daytime population

126,599

5-yr growth

3.2%

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

Secure deal room

Confidential diligence documents for 4808 51 ST, Rural Lac Ste. Anne County.

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.