403.244.5646





A2228412 - 5 Sunset Boulevard , Whitecourt, Alberta T7S 1K8




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Turnkey 18-Suite Apartment Building – Fully Rented & Income Generating | Prime Whitecourt Location.

Investor’s Dream – Strong Cash Flow + Long-Term Upside.

Now is the time to diversify your portfolio with this rare, high-performing 18-unit multifamily asset located directly across from the Whitecourt Hospital and walking distance to the Allan & Jean Millar Centre. This fully tenanted building offers immediate income, long-term appreciation, and tax advantages—all in one solid investment.

Property Features:

16 spacious 2-bedroom suites + 2 well-designed 1-bedroom suites.

Fully occupied – consistent rental income from day one.

New high-efficiency boiler installed in Sept 2022 – major capital upgrade complete.

Excellent location with transit nearby, strong tenant demand.

Well-maintained building with stable tenancy.

Assumable CMHC-insured mortgage (~$1.286M) – obligation until 2033.

Investment Highlights:

Reliable monthly income + strong existing cash flow.

Build equity while tenants pay down your mortgage.

Hedge against inflation with real asset appreciation.

Tax-efficient investment with depreciation benefits.

Surging demand for rentals in healthcare & amenities-adjacent areas.

Unlock Passive Income & Long-Term Wealth

Whether you’re a seasoned investor or expanding your multifamily holdings, this income-generating property is a low-risk, high-reward opportunity.


NO VTB


DOWNLOAD Feature sheet

ESSENTIAL
MLS®:A2228412
Price:1,890,000.00
Type:Commercial
Sub Type:Multi Family
RestrictionsNone Known
DOM140
INTERIOR SNAPSHOT   
Sq Ft:17,865


COMMUNITY DETAILS
Address:5 Sunset Boulevard , Whitecourt, Alberta T7S 1K8
City:Whitecourt
County:Woodlands County
Province:Alberta
Postal Code:T7S 1K8
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1970
Structure Type:Low Rise (2-4 stories)
Zoning:R-4
ROOM DIMENSIONS


Inclusions: 18 fridges, 18 stoves, 3 washers, 3 dryers (washers and dryers are on tokens)



Courtesy: EXIT REALTY RESULTS


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We would highly recommend Big John and his team. Selling a property can be highly stressful. They alleviated much of that stress by keeping us informed throughout the whole process. Their professional advice was invaluable. We truly appreciated all of the team and thank them for their service
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We had a great experience years ago when Big John was our realtor of choice. Some things have changed but, Big John was every bit as professional now as years ago, Thanks to technology, the photos, video and brochures were absolutely great! When we saw our home on the website, we wanted to buy it. The showing process was also excellent. Easy to approve a showing and easy for us to make arrangements. Hopefully, we won't need Big John's services any time soon but, we will definitely recommend him and his team to anyone that should ask. Thank you for making the experience a positive one. Best regards Jim and Leslie G.
Jim and Leslie G.

Whitecourt Housing Trends


Real Estate Listings: 79
Highest Price: $1,790,000.00
Lowest Priced: $42,500.00
Average Price: $422,242.05
Land: 28
November 4th 8:40pm

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FAQs about 5 Sunset Boulevard , Whitecourt,
Alberta, T7S 1K8

5 Sunset Boulevard MLS® A2228412 has an approximate size of 0 Sq. Ft. located in Whitecourt.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Commercial listing at 5 Sunset Boulevard , MLS® A2228412.

This Commercial listings is priced at $1,890,000.

This property is located at 5 Sunset Boulevard , Whitecourt, Alberta, T7S 1K8 in the Whitecourt community on the market for 140 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Whitecourt community resources page.