Property description for 5701,5703 Evergreen Drive, High Prairie, AB T0G 1E0

Presenting a rare and powerful multi-family investment opportunity in High Prairie, Alberta: a 12-door portfolio available for the incredible price of just $1,900,000. This offering includes two fourplexes and two side-by-side duplexes, all built in 2007, providing a modern, low-maintenance foundation for steady returns. The fourplexes are comprised of spacious three-bedroom, two-bathroom units on both the upper and lower levels, making them highly attractive to families and long-term renters alike. The duplexes offer immediate living space on the main floor and come with unfinished basements that already feature separate entrances, presenting a tremendous value-add opportunity to finish and convert them into two additional suites—potentially expanding the entire portfolio from 12 to 14 revenue-generating doors. Currently, all units are tenanted with the exception of one, which is vacant and awaiting repairs, offering a new owner the chance to renovate and lease it at current market rates. With substantial existing cash flow, built-in appreciation potential, and an unbeatable price per door, this portfolio is a must-see for serious investors. Contact us today for a full rent roll or to schedule a private viewing. (id:38686)

QUICK OVERVIEW

Built in 2007
$192 / Sq Ft
4 parking spaces

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Misty Gaudet

Listing Office Grassroots Realty Group - High Prairie, 780-523-0186

Updated Wednesday, July 22, 2026 at 11:52:04 AM

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NEIGHBOURHOOD

About the High Prairie Neighbourhood

Les acheteurs qui préfèrent un environnement tranquille tomberont sous le charme d'High Prairie. La ville est extrêmement paisible, étant donné qu'il y a peu de pollution sonore liée à la circulation des voitures.

Learn more about High Prairie

High Schools

Au moins une école secondaire à moins de 5 minutes à pied

Elementary Schools

Au moins une école primaire à moins de 5 minutes à pied

Daycares

Au moins une garderie à quelques pas à pied

Quiet

Pas ou très peu de sources de bruit à proximité

Car friendly

Accès excellent à des voies rapides et/ou des artères majeures, avec un très faible risque de problèmes de stationnement

CLIMATE RISK FOR T0G 1E0

FINANCING

10 Tips for Getting the Best Mortgage Rate in Canada

Mortgage Payments for 5701,5703 Evergreen Drive, High Prairie, AB T0G 1E0

$8,625

Monthly

Estimated Payment

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5701,5703 EVERGREEN DRIVE, HIGH PRAIRIE, AB T0G 1E0