Opportunity for an investor to take over a basically turnkey rental opportunity. Home was built specifically for assisted living. The tenant is a service provider, providing assisted living for their clients giving the owner a zero vacancy rate. They are long time clients and would prefer to stay and are willing to sign a long term lease. If an investment property isn't on your radar that's ok, simply move in as a family and enjoy the wider spaces and open floor plan. This home is also a great opportunity for the fix and flip or handyman as there is some TLC required. Property is wheel chair accessible.
Data was last updated March 14, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
203
Avg list price:
$449,900
Min list price:
$94,900
Max list price:
$2,200,000
Avg days on market:
17
Min days on market:
1
Max days on market:
305
Avg price per sq.ft.:
$337.06
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.