About 101 Assiniboine Drive
Attention investors ! This 10 unit Townhouse rental project is now up for sale at just the right time. After numerous improvements and upgrades this project is now fully rented. With Interest rates coiming down and demand for rentals contunuing to rise now is the time to improve your Real Estate Investment return. With Kiwetinohk Energy Corp. announcing their 460 Megawatt Black Bear Power Plant with a Carbon Capture and Sequestration component in July/24 19 kms south of Swan Hills and the Federal Gov't issuing statement Dec.24/24 that an Impact Assessment was not required the rental requirements will certainly go up. These 2 storey units offer 2 and 3 brm set ups, each with it's own Fridge & Stove and full basements, covered parking and a huge common yard.o of over 10,000 sq. ft. The Cap Rate, with a resident owner, is 10.55%.
Features of 101 Assiniboine Drive
| MLS® # | A2206711 |
|---|---|
| Price | $699,900 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1986 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 101 Assiniboine Drive |
|---|---|
| Subdivision | NONE |
| City | Swan Hills |
| County | Big Lakes County |
| Province | Alberta |
| Postal Code | T0G 2C0 |
Amenities
| Parking Spaces | 20 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | April 1st, 2025 |
|---|---|
| Days on Market | 3 |
| Zoning | Muti Residential |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX ADVANTAGE (WHITECOURT) |
|---|