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$580,000

$589,900 1.7%

Est. payment - /mo

6 Beds

3 Baths

1,392 SqFt

Sold on 04/10/2025

5032 59 ST Innisfail, AB T4G 0N6

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Cameo Palin

Agent | License ID: cpalinca

+1(403) 316-0630

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Key Details

Sold Price $580,000

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,392 sqft

Price per Sqft $416

Subdivision Dodds Lake

MLS® Listing ID A2181247

Sold Date 04/10/25

Style Attached-Up/Down,Bi-Level

Bedrooms 6

Full Baths 3

Originating Board Central Alberta

Year Built 2024

Annual Tax Amount $822

Tax Year 2024

Lot Size 6,641 Sqft

Acres 0.15

Property Sub-Type Full Duplex

Property Description

This brand-new, legally suited duplex is an incredible investment opportunity, located in a prime area within walking distance to Dodd's Lake. With two spacious units—1,392 sq. ft. on the upper level and 1,355 sq. ft. on the lower level—this property offers exceptional revenue potential for investors. Suites are both rented with leases commencing on April 15th for $2400 up and $1900 down. Tenants are responsible for their own utilities. Both suites are thoughtfully designed with bright, modern interiors. The kitchens feature white quartz countertops, contrasting grey lower cabinets, eat-up islands, brand new stainless steel appliances, contemporary light fixtures and faucets. Vinyl plank flooring flows throughout the units, creating a cohesive and durable finish. Bathrooms are equally impressive, with beautiful tile backsplashes and white quartz countertops that enhance the modern aesthetic. The upper suite includes three bedrooms, a three-piece ensuite, a four-piece main bathroom, and open-concept living, dining, and kitchen space. It also comes with private laundry and its own utilities for added convenience. A garden door leads out onto an expansive upper deck with beautiful views to the land located to the north. The lower suite mirrors the same high-quality finishes, with three bedrooms, a four-piece bathroom, and an open-concept layout for the kitchen, dining, and living areas. This suite has the added bonus of a patio and walkout access to ground level, making it both functional and appealing. Each unit is equipped with its own private entrance, as well as ample storage space and off-street parking. With its modern design, excellent location, and revenue-generating potential, this property is a rare find and a fantastic opportunity for investors or homeowners alike.

Location

Province AB

County Red Deer County

Zoning R-1C

Direction SE

Rooms

Basement Separate/Exterior Entry, Finished, Full, Walk-Out To Grade

Interior

Interior Features Ceiling Fan(s), Closet Organizers, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Vinyl Windows

Heating In Floor, Forced Air

Cooling None

Flooring Vinyl

Appliance Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer

Laundry In Hall, In Unit

Exterior

Parking Features None, On Street

Garage Description None, On Street

Fence None

Community Features Fishing, Golf, Lake, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Deck, Front Porch

Lot Frontage 46.0

Total Parking Spaces 4

Building

Lot Description Back Yard, City Lot

Foundation Poured Concrete

Architectural Style Attached-Up/Down, Bi-Level

Level or Stories Two

Structure Type Stone,Vinyl Siding

New Construction 1

Others

Restrictions None Known

Tax ID 91295445

Ownership Private

Listed by Royal Lepage Network Realty Corp.

" You figure out where you want to live, and I'll figure out how to get you there! "