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5139 48 ST Innisfail, AB T4G 1L8
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Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,942 sqft
Price per Sqft $285
Subdivision Central Innisfail
MLS® Listing ID A2276264
Sold Date 04/15/26
Style 2 Storey,Townhouse
Year Built 2025
Annual Tax Amount $766
Tax Year 2025
Lot Size 6,250 Sqft
Acres 0.14
Property Sub-Type 4 plex
Source Central Alberta
Property Description
INVEST IN THE BEST: Maintenance-Free Luxury Four-Plex in Innisfail. Long-term thinking wins here. Secure your portfolio's future with this rare opportunity to acquire a brand-new, purpose-built income property designed for maximum cash flow and zero-effort ownership. This isn't just a building; it's a high-yield asset in one of Alberta's most promising growth corridors.
**The Investor's Edge: New Construction & Warranty**
The beauty of new construction lies in the "set it and forget it" lifestyle. Enjoy the ultimate peace of mind with a 10-year New Home Warranty protecting your capital from structural issues and major maintenance costs. This is a "turn-key" dream—no aging roofs, no outdated plumbing, and no surprise repair bills.
**The Units: Premium Finishes = Premium Rents**
Each of the four large townhome-style units is engineered to attract and retain high-quality tenants:
• Generous Space: 3 Bedrooms | 3.5 Bathrooms | Fully Finished Basements.
• Luxurious Interiors: Chef-inspired kitchens featuring quartz countertops, sleek two-tone cabinetry, and a functional breakfast bar.
• Bright & Airy: Oversized windows and high-end lighting packages create an inviting, modern atmosphere.
• Revenue Potential: Projected rents of $2,000–$2,100 per month per unit, generating significant monthly cash flow and long-term equity growth.
Strategic Location: The Innisfail Advantage
Location is the foundation of any great investment. These units are perfectly situated within walking distance to downtown Innisfail putting tenants steps away from local coffee shops, restaurants, and shopping. With schools and parks nearby, you are tapping into a high-demand rental market for families and professionals alike.
Scalability & Financing
• Leverage: This property type is eligible for a 30-year mortgage, allowing you to optimize your debt-to-equity ratio.
• Expansion Opportunity: Looking for more doors? The builder owns the vacant lot next door and is prepared to build a second four-plex, allowing you to scale to 8 units in one prime location.
Why wait for the market to move when you can own the market? Invest in a maintenance-free future today.
Location
Province AB
County Red Deer County
Zoning R-3
Rooms
Basement Full
Interior
Interior Features Breakfast Bar, Kitchen Island, No Animal Home, No Smoking Home, Pantry, Quartz Counters, Recessed Lighting, Vinyl Windows
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Vinyl Plank
Appliance See Remarks
Laundry In Basement
Exterior
Parking Features Parking Pad
Community Features Golf, Park, Playground, Schools Nearby, Shopping Nearby, Street Lights
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Lot Description Back Lane, Back Yard, City Lot, Front Yard, Lawn
Foundation Poured Concrete
Architectural Style 2 Storey, Townhouse
Level or Stories Two
Structure Type Concrete,Stone,Vinyl Siding,Wood Frame
New Construction 1
Others
Restrictions None Known
Tax ID 101528270
Ownership Private
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