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6336 58 Avenue

Red Deer T4N 5Z8

MLS® Number:  A2231739

Back to Highland Green Estates   

  • Home \
  • Red Deer \
  • Highland Green Estates \
  • 6336 58 Avenue

$ 600,000

0

BEDROOMS

0 + 0

BATHROOMS

1975

YEAR BUILT

https://www.cirrealty.ca/reb/creb/39/A2231739_2.jpg

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MLS® Number
A2231739
PROPERTY TYPE
4 plex
LISTING DATE
June-18-2025

6.74% Stabilized CAP Rate! Great Tenants in Place. This Condominium 4-Plex in Highland Green Estates offers a smart investment with a Low Condo Fee that ensures your property — and your neighbors’ — stays well maintained. Recent updates include Newer Roof & Windows, and Balconies! All units are Well Kept, featuring a mix of Renovations. Each unit is a 2 Bedroom / 1 Bathroom Bi-Level with its own In-Suite Laundry. The Bi-Level Layout places the Kitchen, Dining, and Living Room upstairs, while the Bedrooms, Bathroom, and Laundry are located on the lower level — enhanced by Large Windows that bring in plenty of Natural Light. Each unit is leased at $1,395/Month, with Tenants Paying ALL Utilities. Every unit includes its own Paved, Electrified Parking Stall, with Additional Street Parking conveniently located at the front thanks to the Corner Location of the complex. Most recent sale in the complex sold for $155,000 — making these 4 great value for $600,000! With Separate Titles, you’ll enjoy Lower Property Taxes (over $2,500/year less than comparable fee simple 4-plex's) and Lower Insurance Costs, as the Condo Fees cover all Building Envelope Maintenance, Repairs, and Updates. No Snow Removal or Landscaping expenses either — it’s all managed for you, keeping the complex in top shape. Located near essential amenities including the GH Dawe Pool, with Schools, Shopping, and Transit just minutes away. This 4-plex blends smart design, strong cash flow, and a prime location — an ideal opportunity for Investors and Owners Alike.

COMMUNITY  Highland Green Estates
PROPERTY TYPE  4 plex
BUILDING TYPE  Four Plex
STYLE  N/A
YEAR BUILT 1975
SQUARE FOOTAGE  2,080
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING 
FIREPLACE  N/A
FLOORING 
HEATING 
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  Pet Restrictions or Board approval Required
ROOF 
TITLE  Fee Simple
BROKER  Real Broker

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.