Listing Courtesy of: PILLAR 9 - IDX / Listed By: Realty Executives Alberta Elite
4904 51 Avenue Eckville, AB T0M 0X0
Active (9 Days)
$393,173 (USD)
2,120
SQFT
Description
MLS®:
A2317971
A2317971
Lot Size
6,243 SQFT
6,243 SQFT
Type
Multifamily
Multifamily
Year Built
1979
1979
County
Lacombe County
Lacombe County
Listed By
Penny Kander, Realty Executives Alberta Elite
Source
PILLAR 9 - IDX
Last checked Jun 13 2026 at 8:11 AM GMT+0000
PILLAR 9 - IDX
Last checked Jun 13 2026 at 8:11 AM GMT+0000
Bathroom Details
Interior Features
- Laundry/Utility Room : In Unit
Subdivision
- None
Lot Information
- Landscaped
- Lawn
- Corner Lot
- Back Yard
- City Lot
Property Features
- Fireplace: Total Fireplace(s) : 0
Heating and Cooling
- Natural Gas
Garage
- Single Garage Detached
Parking
- Off Street
- Parking Space(s) : 4
Living Area
- 2,120 sqft
Location
Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Smart investors know that true wealth is built on low vacancy, strong yields, and massive tenant retention, and this exceptional Eckville fourplex delivers on all three. Boasting a jaw-dropping 15% cash-on-cash return, this rock-solid building features an ideal revenue-generating mix of three massive 3-bedroom suites and one spacious 2-bedroom unit. Unlike cramped modern builds, this property offers incredible square footage and tons of "elbow room" that keeps tenants happy and staying long-term. In fact, two previous tenants loved living here so much they stayed for over 19 years, proving the ultimate stability of this asset.
Situated on a massive, prime corner lot, the property offers abundant off-street and street parking, plus a detached single-car garage that provides an easy opportunity for extra monthly revenue or landlord storage. The heavy lifting has already been done for you, 8 brand-new appliances installed just this week, alongside a highly efficient boiler system and hot water tanks that have been consistently upgraded over the years.
Location is everything for a stress-free rental, and Eckville boasts an incredibly tight, near-zero vacancy rate hovering around 1%. Tenants will love being within walking distance to local shopping and restaurants, while commuters enjoy effortless highway access—just a quick 20-minute drive to the booming lakeside community of Sylvan Lake, 30 minutes to Rocky Mountain House, and an easy 40 minutes into Red Deer. If you are looking for an affordable, high-yielding addition to your portfolio where the numbers actually make sense from day one, this is the pride-of-ownership building you’ve been waiting for.