RE/MAX Elite

53 Avenue, Smoky Lake Town, AB

$749,900

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About 53 Avenue

Great investment opportunity in the charming town of Smoky Lake, this low-maintenance 7-unit building is located in one of the most desirable neighbourhoods in town, directly across form a parc, the new K-12 school and recreation complex. The facility boasts 7 roomy and clean2-bedroom units on 2 floors and is currently fully rented. Each unit includes a functional kitchen with stove and refrigerator, a large living room, full bath and two bedrooms with ample storage. Each apartment is bright and clean, has its own gas furnace and is accessible via an interior hallway. Coin-operated laundry is provided on the lower level of the building. Plenty of parking at the front on pavement with car plug-ins, which is also a very sought-after feature. This facility sits on two large lots with backyard and access to a back-alley and is an easy 5-minute walk to the hospital and downtown services. With vacancy rates in town sitting near 0% this one is a sure bet for the savvy investor.

Features of 53 Avenue

MLS® # 45059097
Price $749,900
Bathrooms 0.00
Year Built 1969
Type Multi-Family Commercial
Status Active

Community Information

Address 53 Avenue
Area Smoky Lake Town
City Smoky Lake Town
County ALBERTA
Province AB
Postal Code T0A 3C0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Suite No
Has Basement No

Additional Information

Date Listed June 11th, 2026
Days on Market 82
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Elite

Listing Map