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. - 10316 101 Street, Peace River, AB T8S 1K7

South End
Year Built
1969
Floors
3
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$850,000
Median Sold
$850,000
Price Range
$850,000 – $850,000
Sales (2yr)
1
Avg Days on Market
209

Last sale: Dec 18, 2025

Building Features

ExteriorMixed
AmenitiesParking available for tenants.
Building TypeLow-rise apartment
Floors3 storeys
Year Built1969

Policies

Rental PolicyBuilding currently fully rented; rental-focused property with long-term tenants.

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.

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