$2,050,000
5333 49 Ave
Beds
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Baths
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Sqft
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Year
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Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vegreville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Arlington Place is a well-maintained 15-unit apartment building offering a stable tenant profile of mature quiet, long-term residents. The property features a desirable suite mix of 6 one-bedroom and 9 two-bedroom units, with suites ranging from approximately 645–790 sq.ft.Amenities include energized parking for each unit, coin-operated laundry on each floor for tenant convenience, and balconies on most suites. 2021 new roofing system, along with ongoing interior and exterior updates. The property is currently self-managed and located within walking distance to shopping and local amenities. Arlington Place offers stable tenancy and strong long-term income potential for investors. (id:65958)
- Subtype
- Multi-family
- Lot size
- 22,215.6 square feet
- Lot dimensions
- 22215.600000000002
- Parking
- 15 total
- On market
- Mar 5, 2026
- Status changed
- Apr 26, 2026
- Photos
- 8
- MLS#
- 44454553
- Area
- VEGREVILLE
Cash on cash
-6.31%
Cap rate
3.60%
GRM
16.7
Break-even rent
$12,518
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.