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Lea Alexander - Sterling Real Estate
PO Box 355, Fallis, Alberta
P: 780-910-2940
F: 587-851-5666
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Listing Details

For more information on this listing or other please contact me.

Courtesy of MaxWell Progressive.
Data was last updated 2025-06-25 at 20:18:11 GMT
$1,250,000

9512 154 Street   Edmonton, Alberta

MLS®: E4358066
URL:    
A remarkable business opportunity. Tenants pays ALL expenses and performs all maintenance. There is no property tax either. All the landlord needs to do is deposit the lease payments into their bank account.  This great passive income opportunity is ideal for someone in health care. One long term tenant since it was built in 2011. This group home was specifically designed by the builder for patients with physical disabilities. Wheelchair ramp access for all entrances, institutional spec for water and septic line as per fire code requirements for a group home. This building was built with all the latest code requirements for such a facility.
A remarkable business opportunity. Tenants pays ALL expenses and performs all maintenance. There is no property tax either. All the landlord needs to do is deposit the lease payments into their bank account. This great passive income opportunity is ideal for someone in health care. One long term tenant since it was built in 2011. This group home was specifically designed by the builder for patients with physical disabilities. Wheelchair ramp access for all entrances, institutional spec for water and septic line as per fire code requirements for a group home. This building was built with all the latest code requirements for such a facility.

Listing Information

Prop. Type:
Other
Status:
Active
City:
Edmonton
MLS® Number:
E4358066
Neighbourhood:
West Jasper Place
Area:
Edmonton
Province:
Alberta
Listing Price:
$1,250,000

General Information

Year Built:
2010

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This property is listed by MaxWell Progressive and provided here courtesy of Lea Alexander . For more information or to schedule a viewing please contact Lea Alexander .
Lea Alexander
Sterling Real Estate
Phone: 780-910-2940
Mobile Phone: 780-910-2940
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
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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.

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