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For sale
  • C$548,000

    1019 Cassils Rd W #1-4, Brooks, AB T1R 0C8

    --beds
    --baths
    1,819sqft
    Quadruplex
    Built in 1976
    -- sqft lot
    $-- Zestimate®
    C$301/sqft
    C$-- HOA

    What's special

    New roof
    Turnkey investment opportunity in the heart of Brooks, Alberta. Well maintained 4-plex, built in 1976, offers four 2 bedroom units, making it an attractive addition to any investor’s portfolio. With a strong annual gross rental income of $53,400 and an estimated cap rate exceeding 5.5%, this property delivers reliable cash flow and value. Each unit is separately metered, tenants responsible for their own power and gas, helping to keep operating costs predictable and manageable. Current annual expenses include approximately $4,472 in property taxes and $5,100 in insurance, supporting solid net income performance. Owner pays city utility, to date average monthly cost of $325. Hail damage repair this spring will include new roof and exterior. Situated in a stable rental market, this property benefits from consistent demand for affordable, multi-family housing. Whether you’re expanding your portfolio or entering the investment market, this 4-plex presents a compelling combination of income, efficiency, and potential for future appreciation. A smart, income-generating asset in a rental demand Alberta community.
    9 days
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    6
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    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2026 at 07:35am

    Listed by:

    Brad Stolson, Broker,

    Re/Max Main Street Realty

    Source: courtesy of Pillar9 System,MLS®#: A2296341MLS LogoOriginating MLS®#: South Central

      Facts & features

      Interior

      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Electric Stove, Range Hood, Stove(s), Washer/Dryer
      • Laundry: In Basement
      Interior area
      • Total interior livable area: 1,819 sqft
      • Finished area below ground: 1,819

      Property

      Parking
      • Total spaces: 8
      Features
      • Levels: Bi-Level
      • Stories: 1
      • Frontage length: 22.86M 75`0"
      Details
      • Parcel number: 56472633
      • Zoning: R3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Roof: Tar/Gravel
      Condition
      • New construction: No
      • Year built: 1976

      Community & HOA

      Community
      • Subdivision: West End
      Location
      • Region: Brooks

      Financial & listing details

      • Price per square foot: C$301/sqft
      • Date on market: 3/25/2026
      • Date available: 05/01/2026
      • Inclusions: 4 fridges, 4 stoves, 4 range hoods, 4 washers and 4 dryers
      Brad Stolson, Broker

      Brad Stolson, Broker

      (403) 793-3776

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        Price history

        Price history

        Price history is unavailable.

        Public tax history

        Public tax history
        Tax history is unavailable.

        Climate risks

        Neighborhood: T1R

        Getting around

        50 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.

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