Camrose 6 plex

For Sale

5014 53 Street, Camrose, AB T4V 2

This Camrose property for sale is located at 5014 53 Street. The current listed sale price for Camrose 6 plex is $1,247,515.

Contacts

broker
Chris Davies

HCR Group

Property Details

  • Property Type Multi-Family
  • Property Size 7,354 SF
  • Units 6
  • Property Tenancy Multi-Tenant
  • Date Updated Aug 6, 2025
Camrose is a prime destination for rental property investment, supported by robust economic growth and a vibrant community. The city’s economy benefits from a strong agricultural sector, a significant educational presence with the University of Alberta’s Augustana Campus, and expanding healthcare services, including St. Mary’s Hospital. Camrose has experienced substantial population growth, which has fueled demand for rental housing. The city’s low vacancy rates and rising rental prices underscore a healthy rental market. This trend reflects the ongoing demand for quality housing options, ensuring a steady stream of potential tenants. The city offers an excellent quality of life, with a variety of amenities including parks, cultural attractions, and a dynamic downtown area. Its convenient proximity to Edmonton enhances its appeal for both residents and investors. Investing in Camrose means accessing a stable real estate market with significant growth potential. With attractive cap rates, low vacancy rates, and rising rental demand, Camrose provides a compelling opportunity for real estate investors looking for consistent income and long-term appreciation.This recently constructed six-unit apartment building delivers the ease of a hands-off investment with all the benefits of modern construction. Built in 2022 and professionally managed, the property is fully tenanted with strong in-place rents and minimal deferred maintenance. Each suite features contemporary finishes, in-suite laundry, and separate metering for all utilities—keeping operating costs low and tenants responsible for their own consumption. With no major capital expenditures expected for years to come, this is a true turn-key opportunity ideal for investors seeking stable, low-maintenance cash flow. Located in a desirable rental corridor, the building attracts quality tenants and benefits from reliable local property management already in place. Whether you’re expanding your portfolio or entering the multifamily space, this asset offers immediate income, long-term durability, and future upside.
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Highlights

  • 14 multifamily units
  • Attractive curb appeal
  • Dedicated parking for residents
  • Excellent investment opportunity
  • Historically strong rental income
  • Low vacancy rates
  • Potential for value-add opportunities
  • Prime location in Camrose
  • Professional property management in place
  • Proximity to amenities and transportation
  • Spacious and modern units
  • Strong rental market demand
  • Well-maintained property

Getting around

  • 82/100

    Walk Score ®

  • 64/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Camrose, AB
  • Neighborhood West Central Camrose
  • Postal Code T4V 2

Points of Interest

  • Race Trac

    0.05 miles

  • Co-op

    0.41 miles

  • Shell

    0.56 miles

  • Fas Gas

    0.57 miles

  • Circle K

    1.01 miles

  • UFA

    1.02 miles

  • Petro-Canada

    1.02 miles

  • Co-op Gas Bar

    1.06 miles

  • Safeway

    1.21 miles

  • Mobil

    1.48 miles

  • Alice Hotel

    0.27 miles

  • The Windsor Hotel

    0.31 miles

  • Cam-Rest Motel

    0.34 miles

  • Stardust Motel

    0.68 miles

  • Camrose Motel

    0.72 miles

  • Motel Bo

    0.85 miles

  • R&R Inn

    0.97 miles

  • Norsemen Inn

    1.06 miles

  • Ramada

    1.55 miles

  • Canalta Camrose

    1.59 miles

  • Co-op

    0.39 miles

  • Save-On-Foods

    1.05 miles

  • Duggan Mall

    1.15 miles

  • Bulk Barn

    1.18 miles

  • Safeway

    1.22 miles

  • Canadian Tire

    1.22 miles

  • Winners

    1.26 miles

  • Walmart Supercenter

    1.37 miles

  • Real Canadian Superstore

    1.45 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Chris Davies

HCR Group

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