• $899,900
  • 8 Bed
  • 5 Bath
  • 2192 Sq.Ft.
  • Multi-family


Welcome to 221 Sitka Drive: This side-by-side single-title duplex presents an exceptional investment opportunity, currently generating a total rental income of $7,600 per month. With four units under one roof—two lower and two upper suites—this property offers a lucrative venture for savvy investors. Long-term renters, who express a desire to remain, currently occupy the units, showcasing the stability and reliability of this investment. The property has been meticulously maintained by the current owner, ensuring a turnkey experience for the new owner with new shingles replaced in 2018 and new front decks and stairs in 2022 while the stucco was painted in 2020. Inside, each unit features cohesive finishes, with the upper suites boasting gas fireplaces and hardwood floors, while the lower units offer luxury vinyl plank flooring and electric wall heaters. Additionally, each unit is equipped with its own laundry facilities, hot water tanks, and heat source. The layout of each unit is similar, comprising an open living space, spacious kitchen, and two bedrooms along with a four-piece bathroom. Most of the furniture throughout the units is included in the sale, enhancing the convenience for both the new owner and tenants. One of the upper units stands out as more executive, featuring a second bathroom and central air conditioning for added comfort. Nestled on a large, fully fenced corner lot, the property offers parking for up to eight vehicles in front and backs onto green space and parks. Its central location in the heart of Thickwood provides easy access to retail stores, bus stops, and schools, adding to its appeal and investment potential. Don't miss out on this opportunity to expand your real estate portfolio. Schedule your tour today and seize the potential offered by this full duplex.
  • Overview

  • On Market DateMay 12, 2024
  • MLS®A2130322
  • Lot Size0.16 ac
  • ZoningR3
  • Year Built1996
  • NeighbourhoodThickwood
  • Ownership TypeFee Simple
  • Primary BrokerThe Agency North Central Alberta
  • Interior

  • BasementSeparate/Exterior Entry, Finished, Full, Suite
  • Exterior

  • ExteriorPrivate Entrance, Private Yard, Storage
  • StoreysBi-Level, Side by Side
  • Building

  • FoundationICF Block
  • Finished Area2192 sq. ft.
  • Heating & Cooling

  • Air ConditioningCentral Air
  • HeatingForced Air, Natural Gas
  • FireplaceGas, 2 fireplace(s)
  • Features

  • Interior Features- laminate counters
    - separate entrance
    - storage
    - vinyl windows
    - walk-in closet(s)
  • ViewBack Yard, Backs on to Park/Green Space, Corner Lot, No Neighbours Behind
  • Agent

  • PAIGE CYRThe Agency North Central Alberta

Thickwood Real Estate

Thickwood is located north of downtown Fort McMurray, being the first neighbourhood north over the Athabasca River Bridge. With direct access off of Highway 63, it is only a short commute to the Oil Sands sites or south to the heart of Fort McMurray. This neighbourhood is w... More Info

The information contained herein is assumed to be correct but is not guaranteed by the Listing Agent or Publisher and should be verified.