$1,200,000

1-4, 415 Royal Avenue NW
Diamond Valley, Alberta T0L2A0

ID# A1212238
Investors and Developers - Four-unit apartment building - zoned R3 Residential Multi-Unit. Sits on 4.77 Acres. The property is located on the west boundary of Diamond Valley. Development plans have been drawn for an 18-unit +55 villa complex. Informal approval of the plans has been granted by the town. The existing four-unit apartment building is fully occupied. The apt. units have been upgraded including appliances paint and flooring. Included: 4 Furnaces, 4 hot water tanks, 4 fridges, 4 stoves, 4 washers, and dryers, 3 dishwashers, window coverings.Measurements on the listings are for unit #1 only.Unit #1 has 3 bedrooms-two baths and rents for $1300.00 per month. Unit #2 has 3 bedrooms and 1 bathroom and rents for $1000.00 per month. Unit #3 has three bedrooms and 2 bathrooms and rents for $1000.00 per month. Unit #4 The loft apt. has one bedroom and one bath and rents for $800.00 per month. The land is on town water and sewer. It sits at the west end of Royal Ave and is bounded on the west by farmland within Foothills County. An undeveloped road allowance for the extension of Royal Ave. separates the two subject pieces of land. Apartment bldg. showings require a 24-hour notice (id:52067)
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Direct: 403-540-9606

JBarstad@RoyalLePage.ca


General Inquiry
Courtesy of RE/MAX Real Estate (Mountain View)

Listed on: May 03, 2022

On market: 731 days
Bathroom Total 2
Bedrooms Total 3
Half Bathrooms Total 0
Year Built 1970
Cooling Type None
Flooring Type Carpeted, Ceramic Tile, Laminate, Linoleum
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
4pc BathroomMain level8.08 Ft x 6.33 Ft
Primary BedroomMain level9.42 Ft x 12.75 Ft
BedroomMain level10.50 Ft x 9.00 Ft
BedroomMain level11.58 Ft x 9.92 Ft
Living roomMain level18.25 Ft x 17.67 Ft
Laundry roomMain level12.00 Ft x 5.00 Ft
StorageMain level12.33 Ft x 7.75 Ft
OtherMain level30.83 Ft x 6.17 Ft
4pc BathroomMain level6.83 Ft x 4.33 Ft
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Joanna Barstad

REALTOR®

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