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5024 50 AV, Redwater, Alberta, T0A 2W0

MLS® # E4397851
Investment For Sale In Redwater, Alberta
$710,000
5024 50 Av, Redwater, AB - Outdoor
5024 50 Av, Redwater, AB - Outdoor
5024 50 Av, Redwater, AB - Indoor Photo Showing Kitchen
5024 50 Av, Redwater, AB - Indoor
5024 50 Av, Redwater, AB - Indoor Photo Showing Kitchen With Double Sink
5024 50 Av, Redwater, AB - Indoor
5024 50 Av, Redwater, AB - Indoor Photo Showing Bathroom
5024 50 Av, Redwater, AB - Indoor Photo Showing Other Room
5024 50 Av, Redwater, AB - Indoor
5024 50 Av, Redwater, AB - Outdoor
5024 50 Av, Redwater, AB - Outdoor
5024 50 Av, Redwater, AB - Indoor Photo Showing Kitchen
5024 50 Av, Redwater, AB - Indoor
5024 50 Av, Redwater, AB - Indoor Photo Showing Kitchen With Double Sink
5024 50 Av, Redwater, AB - Indoor
5024 50 Av, Redwater, AB - Indoor Photo Showing Bathroom
5024 50 Av, Redwater, AB - Indoor Photo Showing Other Room
5024 50 Av, Redwater, AB - Indoor
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ACTIVE
5024 50 AV, Redwater, Alberta, T0A 2W0
$710,000

Property Information:

This unique 6 plex is located in downtown Redwater, Alberta. Built in 1998, wood frame construction. Hot water heating system. Hot water tank replaced in 2004. Each unit has been renovated with plank flooring, stainless steel appliances, separately metered for power. All have separate entrances. Current owner spent over $140,000 in renovation. Excellent mix 1x1 brm/5x2brm. Gross annual income over $78,000. Cap rate of 7.39%. (id:27)

Property Features:

  • Property Type: Multi-family
  • Built in: 1998
  • Lot Size: 4050.00 Square Feet
  • No. of Parking Spaces: 6

Courtesy of: Sutton Central Commercial Real Estate, Sutton Premiere Real Estate

REALTOR.ca  

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Market Price Trends

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Location of 5024 50 AV, Redwater, Alberta, T0A 2W0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

36/100

Moderate-Low

ClimateCheck®

Current data

This property, 5024 50 AV , experiences 7 hot days per year at around 28.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 32.1 degrees Celsius.

Projected Avg. Temperature

Past
28.5℃
2050
32.1℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

23/100

Moderate-Low

ClimateCheck®

Current data

This property, 5024 50 AV , experiences 10 significant 2-day storms per year, with about 187.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 206.1mm of precipitation per year.

Precipitation Per Storm

Past
187.7mm
2050
206.1mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5024 50 AV, Redwater, Alberta, T0A 2W0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,493.48

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.4 %

High school certificate or equivalent

36.55 %

Apprenticeship trade certificate/diploma

20.82 %

College/non-university certificate

14.96 %

University Degree

6.27 %

Commuter

Travel To Work

By Car

88.74 %

By Public Transit

0.0 %

By Walking

6.79 %

By Bicycle

0.9 %

By Other Methods

3.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.89 %

Houses

98.11 %

Own Vs. Rent

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