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4513 52 Avenue, Whitecourt, AB T7S 1M5

Year Built
1979
Floors
3
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$3,815,000
Median Sold
$3,815,000
Price Range
$3,815,000 – $3,815,000
Sales (2yr)
1
Avg Days on Market
121

Last sale: Feb 16, 2025

Policies

Rental PolicyBuilding operated as rental investment; tenants pay power, owner covers water and heat.

Known Issues & Notes

Repairs/Projects

Roof replaced with 40-year shingles in 2020; new eaves troughs installed same year.

About This Building

4513 52 Avenue in Whitecourt is a 3-storey, 35-unit low-rise apartment building constructed in 1979. The property comprises a mix of bachelor, one-, two-, and three-bedroom suites, making it well-suited for investor-owned rental operations. The building underwent roof renewal in 2020 with new 40-year shingles and updated eaves troughs. A recent sale suggests strong investor interest in this multi-unit asset. Before acquiring a stake in or purchasing units within this property, prospective owners should request and review the reserve fund study, condo financial statements, board minutes, and insurance documentation to understand maintenance obligations and the building's long-term financial health.

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