. - 10316 101 Street, Peace River, AB T8S 1K7
Market Overview
Last sale: Dec 18, 2025
Building Features
Policies
Known Issues & Notes
Repairs/Projects
Major updates completed to boiler and roof. Several units have been updated/renovated with gradual rent increases.
About This Building
This 12-unit low-rise apartment building at 10316 101 Street in Peace River's South End was built in 1969 and sits on a quiet street with tenant parking. The building has changed hands only a few times and is currently fully occupied with long-term residents under professional property management. Recent ownership has systematically renovated units and completed major work on the boiler and roof. A recent sale achieved $850,000. As with any multi-unit investment property, prospective purchasers should engage a lawyer or accountant to review the reserve fund study, financial statements, board minutes, lease agreements and insurance documentation before committing to purchase.
