• $899,000
  • 3 Bed
  • 2 Bath
  • 592 Sq.Ft.
  • Residential


**Investment Opportunity: 5-Unit Property in Prairie Creek** Nestled in the serene beauty of Prairie Creek, this property on Mustang Rd presents a rare investment opportunity. Comprising five spacious units, each boasting three bedrooms, a full bathroom, and a convenient half bathroom, this property offers comfortable living spaces for potential tenants or owners. One of the standout features of this property is its location, backing onto green space. Residents will relish the peacefulness and natural beauty that surrounds them, with walking trails and bike paths meandering through the area, perfect for outdoor enthusiasts. Inside, each unit is thoughtfully designed with a bi-level layout, providing a sense of space and privacy. The units are equipped with all the essential appliances, including a fridge, stove, dishwasher, washer, and dryer. Some units have been updated with newer flooring, adding a modern touch to the interiors. For investors, this property presents an excellent opportunity for rental income. Two units are currently rented, with tenants willing to stay, ensuring immediate returns on investment. Moreover, the absence of condo fees makes these units highly attractive to potential renters, enhancing their rental appeal. Convenience is key with this property, as each unit is allocated two parking spaces, ensuring ample parking for residents and guests alike. Additionally, its proximity to schools and shopping adds to its appeal and convenience for residents. A major highlight of this property is its large shared backyard. Each unit features a deck, providing a perfect spot for relaxation or hosting gatherings. Stairs lead down to the backyard, making it easily accessible to all residents and offering a communal space for enjoyment. Whether you're looking for a lucrative investment opportunity or seeking staff housing, this property offers endless possibilities. Don't miss out on the chance to own a piece of Prairie Creek's beauty and potential. Schedule a viewing today to explore all that this property has to offer. ****Each unit is individually titled****
  • Overview

  • On Market DateMarch 19, 2024
  • MLS®A2114613
  • Lot Size0.09 ac
  • ZoningR3
  • Year Built2001
  • NeighbourhoodPrairie Creek
  • Ownership TypeFee Simple
  • Primary BrokerRE/MAX FORT MCMURRAY
  • Interior

  • BasementFinished, Full
  • Exterior

  • ExteriorOther, Playground, Storage
  • StoreysBi-Level
  • Building

  • FoundationWood
  • Finished Area592 sq. ft.
  • Heating & Cooling

  • Air ConditioningNone
  • HeatingForced Air, Natural Gas
  • Features

  • Interior Features- laminate counters
    - no smoking home
    - pantry
    - storage
    - walk-in closet(s)
  • ViewBack Yard, Backs on to Park/Green Space, Lawn, Greenbelt, No Neighbours Behind, Many Trees
  • Agent


Prairie Creek Real Estate

Prairie Creek is located north of Gregoire, with easy access off of Highway 63. Buyers seek out this up and coming, affordable neighbourhood for its easy access to recreation and walking trails. In addition, Prairie Creek is only minutes away from Fort McMurray Airport and... 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.