Bretonian Manor - 16-Unit Apartment Condominium Breton, AB
Discover Bretonian Manor, a well maintained 2 storey low-rise apartment condominium offering both a strong investment opportunity & a welcoming place to live.
Bretonian Manor is located at 4816-50 Avenue in the Village of Breton.
This property features 16 spacious 2-bedroom suites, each with a bright living room, kitchen, in-suite laundry, & private balcony.
Building highlights include an indoor heated parkade with 16 stalls, additional surface parking, 3 tenant storage rooms, a central elevator, & a community room.
Built in 2010 & upgraded with a new roof in 2024, the property sits on 16,200 sq. ft. lot with a total floor area on 22,842 sq. ft.
Currently, 14 of 16 units are leased, showcasing a consistent demand.
With professional on-site management ensuring excellent upkeep & resident satisfaction, Bretonian Manor offers peace of mind for owners & a warm & welcoming environment for tenants. Financials & appraisal available upon request.More details
Turnkey Investment Opportunity – 39 Townhouse-Style Condos in Peace River, Alberta! Serious investors, take note: this is your chance to acquire a fully tenanted, cash-flowing multi-family asset in one of Alberta’s most promising regions. All 39 of these modern townhouses have been very well maintained and professionally managed with updating having been completed on a consistent basis. Each unit is a two story design which features 3 bedrooms, 2 bathrooms, 5 appliances and a spacious layout. Fully occupied with zero vacancies over the past 4 years giving very stable rental income. The reason this investment stands out is it gives you immediate cash flow from day one with strong rental demand in Peace River and long-term tenant stability, Potential to form a condo association and sell units individually in the future which has an excellent upside in a rising market. This property offers flexibility in holding as a high-performing rental portfolio or unlock significant equity by converting to individual condo sales. With Alberta’s market gaining momentum, this is a rare opportunity to capitalize on both short-term returns and long-term growth. Call us for details! Serious inquiries only.More details
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A brand new concrete building including suspended slab concrete main floor and 2 concrete firewall party walls. Well located a mere 600m from the future Pop Davies Green Line Station. The building is cladded in long-life exterior finishes with beautiful stucco and brick work alternating between units. Upper Townhomes feature engineered hardwood flooring, high quality appliance set including gas ranges, dishwashers, microwave, French door fridge and full size washer/ dryer with gas dryers. Quartz counters, commercial champagne bronze Delta fixtures and custom lighting. Stain-resistant carpet throughout the upper floor and beautiful tile work in all the bathrooms. The 3 bedroom, 2.5 bath floor plans provide ample space for families, small or large, and the addition of 400+ sq ft beautiful, private use, low maintenance rooftop patios nestled into the tree line of Lynnwood's mature streetscape, are an added bonus that will keep tenants for the long term. Lower Garden Suites: the lower garden suites, of approx 600 sq ft plus the private use lower patios of 240 sq ft, have great, private access. The patios are fully serviced with gas and water creating cozy personal spaces begging for an individual touch. The interior of the units feature very similar high quality finishes noting hardwood is substituted for waterproof vinyl as the units are heated by radiant floor heat, driven by a Navien combi-boiler/ HRV. The bathroom is spacious, features more tile work and a soaker, acrylic bathtub. The Delta fixtures is carried from the upper units as is the custom lighting. The property is further complimented by a detached, 5 car, heated and shared garage; stalls are assigned to the 5 upper townhomes only; lower garden suites are street parking of which there is plenty. The property currently qualifies for CMHC MLI Select financing but if we dont get a reasonable offer in the next 30 days, we will be condominiumizing the property and selling the units separately. The property is zoned HGO so the lower units can be sold separately (read- 10 titles). For the savvy investor, this investment is priced to allow solid appreciation into the completion of the Green Line while holding with positive cashflow under CMHC financing. Draft Condo plan and all draft condo documents are included with the sale. What an opportunity! See the timeless value that Heirloom Homes delivers in the highly prospective community of Lynnwood/ Ogden!More details