Property Details


Lethbridge (A2299789)

$4,600,000
24,400 ft²

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Mixed use property in downtown Lethbridge. Projected IRR of 14%, with 70% LTV, actual and market rents, and 2% appreciation on rents over a 10-year period. This property features a newly upgraded Building with 27 apartments and 7 commercial spaces plus a large 2 car garage – All brand new mechanical, heating, boilers, make up air units, hot water storage tanks, new fridges in the residential units, and electrical panels etc. New and newer roofs, as well as painted inside and out. New garage doors, all new led light fixtures inside and out, 2 brand new laundry rooms (2nd floor and basement) that include 3 washers and 3 dryers. Building is 24,400 sq. ft. Lot size is 50 x125 or 0.14-acres

Property details

Basic Info

MLS® #
A2299789
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Lethbridge
Price
$4,600,000
Sale/Lease:
For Sale
Size:
24,400 sq.ft.
Year Built:
1912 (114 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
3 washers, 3 dryers, residential appliances

Lot / Land Info

Lot Size:
0 acres
Zoning:
C-D

Listing Info

Possession:
Negotiable
Days on Market:
19
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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