About 5032 59 Street
This brand-new, legally suited duplex is an incredible investment opportunity, located in a prime area within walking distance to Dodd’s Lake. With two spacious units—1,392 sq. ft. on the upper level and 1,355 sq. ft. on the lower level—this property offers exceptional revenue potential for investors. Suites are both rented with leases commencing on April 15th for $2400 up and $1900 down. Tenants are responsible for their own utilities. Both suites are thoughtfully designed with bright, modern interiors. The kitchens feature white quartz countertops, contrasting grey lower cabinets, eat-up islands, brand new stainless steel appliances, contemporary light fixtures and faucets. Vinyl plank flooring flows throughout the units, creating a cohesive and durable finish. Bathrooms are equally impressive, with beautiful tile backsplashes and white quartz countertops that enhance the modern aesthetic. The upper suite includes three bedrooms, a three-piece ensuite, a four-piece main bathroom, and open-concept living, dining, and kitchen space. It also comes with private laundry and its own utilities for added convenience. A garden door leads out onto an expansive upper deck with beautiful views to the land located to the north. The lower suite mirrors the same high-quality finishes, with three bedrooms, a four-piece bathroom, and an open-concept layout for the kitchen, dining, and living areas. This suite has the added bonus of a patio and walkout access to ground level, making it both functional and appealing. Each unit is equipped with its own private entrance, as well as ample storage space and off-street parking. With its modern design, excellent location, and revenue-generating potential, this property is a rare find and a fantastic opportunity for investors or homeowners alike.
Features of 5032 59 Street
| MLS® # | A2181247 |
|---|---|
| Price | $589,900 |
| Sold Price | $580,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,392 |
| Acres | 0.15 |
| Year Built | 2024 |
| Type | Residential |
| Sub-Type | Duplex |
| Style | Bi-Level, Up/Down |
| Status | Sold |
Community Information
| Address | 5032 59 Street |
|---|---|
| Subdivision | Dodds Lake |
| City | Innisfail |
| County | Red Deer County |
| Province | Alberta |
| Postal Code | T4G 0N6 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | None, On Street |
| Is Waterfront | No |
Interior
| Interior Features | Ceiling Fan(s), Open Floorplan, Vinyl Windows, Closet Organizers, No Animal Home, No Smoking Home, Pantry, Quartz Counters |
|---|---|
| Appliances | Dishwasher, Refrigerator, Microwave, Stove(s), Washer/Dryer |
| Heating | Forced Air, In Floor |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Full, Separate/Exterior Entry, Walk-Out |
Exterior
| Exterior Features | Other |
|---|---|
| Lot Description | City Lot, Back Yard |
| Roof | Asphalt Shingle |
| Construction | Stone, Vinyl Siding |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | November 29th, 2024 |
|---|---|
| Date Sold | April 10th, 2025 |
| Days on Market | 132 |
| Zoning | R-1C |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | Royal Lepage Network Realty Corp. |
|---|
