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42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer
  • 42 Onaway Avenue Red Deer

42 Onaway Avenue, Red Deer, Alberta

$650,000

  • 2,240 Square Feet

7.7% CAP Rate in Oriole Park! $73,920/YR IN GROSS RENTS! You won't find a better performing 4-plex available in Red Deer! 42 Onaway Ave offers reliable income and growth potential in Red Deer’s thriving rental market. All units are 3 bedroom 1.5 bath. The units are laid out nicely, each one a bi-level that features 1 bedroom, a 2-piece bath, kitchen, living, and dining areas upstairs, plus 2 bedrooms, a 4-piece bath, and laundry downstairs. All units include private balconies off the dining area. Recent updates include a heavily renovated Unit C (see photos) and a 2016 asphalt shingle roof with lots of life remaining. Balconies have been well maintained, and each unit is individually metered for electricity, keeping owner costs low. The property has a private rear parking area with powered stalls, plus additional street parking. Ideally located across from a park and minutes from schools, shopping, downtown, and major highways, this turn-key property benefits from consistent tenancy and Red Deer’s growing appeal for its strong job market and affordability. Don’t miss this opportunity to invest in a high-performing, hassle-free asset! (id:23309)

  • Listing ID: A2190447
  • Property Type: Multi-family
  • Year Built: 1980
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Details

  • Ownership: Freehold
  • Parking Spaces: 4
  • Plan: 8021059
  • Transaction: For sale
  • Zoning Description: R2

Building

  • Appliances: Washer, Refrigerator, Stove, Dryer, Hood Fan
  • Constructed Date: 1980
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2240 sqft
  • Total Finished Area: 2240 sqft
  • Type: Multi-Family

Land

  • Size Frontage: 19.26 m
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 42 Onaway Avenue in Red Deer Ontario. It was last modified on February 6th, 2025. Contact Page Wetsch to schedule a viewing or to discover other Red Deer real estate for sale.

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