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
DOM91
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








Sean Gillis - RE/MAX Grande Prairie

A2228412 5 Sunset Boulevard
Agent reviews Cell: 780.897.3520
(89 Reviews) full starfull starfull starfull starfull star
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Recent Customer Reviews
full starfull starfull starfull starfull star
It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell

full starfull starfull starfull starfull star
Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency is extremely valuable when working on tight timelines. Would recommend Sean to anyone who is need of Real Estate Agent services.
Riley Arguin - Buy


Whitecourt Housing Trends


Real Estate Listings: 88
Highest Price: $1,790,000.00
Lowest Priced: $48,000.00
Average Price: $444,594.89
Land: 32
September 16th 7:00pm

Agent reviews Cell: 780.897.3520

(89 Reviews)
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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 secondary schools include Schools & resources

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

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

This property is located at 5 Sunset Boulevard , Whitecourt, Alberta, T7S 1K8 in the Whitecourt community. 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.