About 1-7, 205 Reed Avenue
Multi-Unit Investment Opportunity – Located just 1 hour south of Lloydminster, this fully occupied multi-family complex is an excellent revenue property. The building features 7 units with a total of 10 bedrooms, offering strong rental demand in the region. The Main Floor Units feature 4 one-bedroom suites, each with private access to a spacious wrap-around deck leading to the exterior parking area. The Lower Level units feature 3 two-bedroom suites, providing comfortable layouts ideal for long-term tenants. All suites are equipped with a kitchen, living room, and full 4-piece bathroom, with convenient access to shared laundry facilities. Additional highlights include electrified exterior parking and the advantage of an on-site property manager who oversees tenant move-ins/outs and building maintenance. Currently at full occupancy with a waiting list, this property provides consistent cash flow and serves a strong demand for affordable housing in Alberta’s oil patch.
Features of 1-7, 205 Reed Avenue
| MLS® # | A2257846 | 
|---|---|
| Price | $439,900 | 
| Bathrooms | 0.00 | 
| Square Footage | 2,200 | 
| Acres | 0.00 | 
| Year Built | 1999 | 
| Type | Multi-Family | 
| Sub-Type | Apartment | 
| Status | Active | 
Community Information
| Address | 1-7, 205 Reed Avenue | 
|---|---|
| Subdivision | Hayter | 
| City | Hayter | 
| County | Provost No. 52, M.D. of | 
| Province | Alberta | 
| Postal Code | T0B1X0 | 
Amenities
| Parking Spaces | 10 | 
|---|---|
| Is Waterfront | No | 
| Has Pool | No | 
Interior
| Appliances | Range, Range Hood, Refrigerator | 
|---|---|
| Fireplace | No | 
| # of Stories | 1 | 
| Has Basement | No | 
Additional Information
| Date Listed | September 22nd, 2025 | 
|---|---|
| Days on Market | 38 | 
| Zoning | R1 | 
| Foreclosure | No | 
| Short Sale | No | 
| RE / Bank Owned | No | 
Listing Details
| Office | LPT Realty | 
|---|

