Lynalta, Wetaskiwin · MLS® E4494876
21
1,725 sq ft · House · Single Family · built 1976 · 127 days on market
listed by Jessica Lambert, Exp Realty
Fully rented 4-plex located on a large double lot within walking distance to the downtown core. The property features two upper suites, each offering 2 bedrooms and 1 bathroom. The lower level includes one 1-bedroom, 1-bathroom suite and one 2-bedroom, 1-bathroom suite. A shared laundry area is available and offers future potential for tenant use. Over the past 8 years, the property has seen several key updates, including shingles, siding, and windows. Heating is provided by a single boiler system, and both hot water tanks were replaced in 2022. Tenants are responsible for their own power, while the owner pays for gas and water. Ample on-site parking provides space for two vehicles per unit. The building is fully occupied, with recent improvements already completed and no major upgrades currently anticipated. A solid investment opportunity offering steady rental income in a convenient central location. Some photos have been virtually staged.
20% down at 4.34% fixed (Ratehub.ca), 25 years.
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about $5,059 a year
The asking price times Wetaskiwin's 2026 residential rate of 14.06 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 69/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 5 places to eat or drink, 6 parks and playgrounds, 1 school.
mihom score from OpenStreetMap places, by straight line distance.