For Sale · Land

5219 48A AV, Rural Lac Ste. Anne County

5219 48A AV, Rural Lac Ste. Anne County, AB T0E0A0

$50,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

97%

Lot Size

0.12 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 103' and is pretty much flat with a back alley access as well. Was owned at one time with house next to it but that one sold years ago however this lot is fenced in with the house currently. 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$50K
Down payment30% · $15K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$231

Projected NOI

$2K

Annual cash flow

$-715

Cash-on-cash

-4.76%

DSCR

0.74

Going-in cap

4.11%

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

45,811

Households

17,709

Median income

$117,500

Median age

34

Daytime population

43,211

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 5219 48A AV, 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.