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4504 56A Avenue

4504 56A Avenue, Lloydminster, AB T9V 1A1

4504 56A Avenue is a condo building in the West Lloydminster area of Lloydminster, Alberta. It was built in 1962 and stands 1 storey tall.

West Lloydminster
Year Built
1962
Floors
1
Building Type
Low-rise apartment

Market Overview

Active Listings
1
Avg List Price
$879,000

Building Features

ExteriorWood Frame
Building TypeLow-rise apartment
Floors1 storeys
Year Built1962

Policies

Rental PolicyShort-term rentals (Airbnb) and monthly rentals allowed; two units currently used as Airbnb.

Known Issues & Notes

Repairs/Projects

Heating system upgraded; attic insulation added; PVC windows installed; metal roofing replaced; three suites renovated in recent years; one suite undergoing complete renovation within last two years.

About This Building

This eight-unit low-rise apartment building at 4504 56A Avenue in West Lloydminster was built in 1962 and has been actively maintained and upgraded over the years. The building comprises five two-bedroom units and three one-bedroom units, with a recent listing price around $879,000. Recent improvements include a new heating system, attic insulation, PVC windows, metal roofing, and selective unit renovations. The property is currently operated as a rental building with mixed-use tenancy, including short-term and monthly leases. Before committing to purchase, a thorough review of the condo reserve fund study, financial statements, board minutes, and insurance documentation is essential to assess long-term maintenance costs and reserve adequacy.

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