For Sale

Multi-family opportunity

5135 52 Avenue · Barrhead, Alberta T7N1A5

Asking price$690,000
Property typeMulti-family
Land area8,363.52 square feet

The Opportunity

Overview

Well-established Apartment building with Long-Term tenants (3 have been there over 10 years). 4 units are rented at $850 incl. gas-water-sewer. 2 units are rented at $1100 incl. gas-water-sewer (one has in-suite w&d). The bachelor suite in the basement is rented for $1100 incl. all utilities-most furnishings. The 4 units at $850 are eligible for rental increases on Oct 1st. Six units are 600 sqft (actual living space excluding the stairs), with the bachelor suite being 660 sqft as it has no stairs (access via the basement next to the utility room). RPR & Compliance Letter from 1998 is available. This complex is known as MAPLEVIEW APPARTMENTS to all the locals. (id:61970)

Investment highlights

  1. 01Multi-family

Property details

Property type
Multi-family
Transaction
sale
Site area
8363.52 square feet
Listing brokerage
RE/MAX Results
Listing representative
Kim Martin

Financial information

Asking$690,000

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Location intelligence

Barrhead

Documents

Source Record

Current listing facts, with attribution intact.

Source
REALTOR.ca DDF®
Listing status
active
Source ID
29200019
Last supplied
September 3, 2026
Listing brokerage
RE/MAX Results
Listing representative
Kim Martin

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Listing brokerage: RE/MAX Results · Listing representative: Kim Martin · Updated: Sep 3, 2026

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