5009 54 Avenue, Ponoka, AB
ONLY $120K DOWN!
INVESTMENT OPPORTUNITY - 6 UNIT PACKAGE INCLUDES 3 BRAND NEW 3 BEDROOM SINGLE FAMILY HOMES EACH WITH LEGAL 2 BEDROOM BASEMENT SUITES AND 3 DOUBLE DETACHED GARAGES.
Each of the houses has a LEGAL basement suite, with 2 bedrooms and 1 bath in the suite.
The houses are next door to each other and when purchased, are considered a 6-unit complex for the purposes of the lender and CMHC MLI Select program.
Two of the houses are 3 bed 2.5 bath UPPER and 2 bed 1 bath LOWER SUITE (total of 5 beds 3.5 baths). Detached rear garages for these are 18' with back lane access.
One house is 3 bed den 2.5 baths UPPER and 2 beds 1 bath LOWER SUITE (total of 5 beds, 1 den, 3.5 baths). Detached rear garage for this is 20' with back lane access.
Each house has 2 thermostats (one lower and one upper), with multi-zone controls for heat.
Each house has upgraded appliances - stainless steel fridge and dishwasher black stainless steel induction stove. Each unit has it's own in-suite laundry.
Note that:
The homes must be sold as a package, since the terms of the mortgage are that they are under one loan and cannot be separated.
The current mortgage will mature in 5 years, and the buyout will be January 2030.
They are just completed for occupancy and move-in-ready for tenancy.
A professional Property Manager has been secured and ready to fill all units ASAP.