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Now may be your time to benefit from Blackfalds real estate investment.

The small town of Blackfalds, nestled between Red Deer City and Lacombe and sitting on the main Highway 2 in the Edmonton-Calgary corridor in Central Alberta, is known for its small town charm and vibrant young community.

1-18 5100 Westridge Drive
BS Harvest Meadows Blackfalds T0M 0J0

$4,680,000
Commercial baths: 0.0 1,137 sq. ft. built: 2013

Main Photo: 1-18 5100 Westridge Drive in Blackfalds: BS Harvest Meadows Commercial for sale : MLS® # CA0111599
Prop. Type:
Commercial
MLS® Num:
CA0111599
Status:
Active
Bus Major:
See Remarks
Build. Type:
Townhouse
18 Townhouse style units, each with 1137sq ft and only 2 years old!This prime revenue property has been approved for converting units to condos. All modern decor units feature 3 bedroom, 2 bath, 6 appliances,blinds and vinyl plank flooring and carpeting through. Walkout from the kitchen to a deck with aluminum railings and privacy walls. Some have a magnificent view of the pond behind. Basements are dry walled and have plumbing for an additional bathroom. 7 townhouses include WALKOUT basements. This property has vinyl fencing to the back. There are 2 parking stalls for each unit. Revenue is as follows: all 18 at $1195/month.
Listing Area:
Blackfalds
Listing Sub-Area:
BS Harvest Meadows
County Or Parish:
Lacombe County
Bathrooms:
0.0
Taxes:
$34,000 / 2015
Property Type:
Commercial
Property Sub Type:
Residential Units
Total Floor Area:
1,137 sq. ft.
Lot Area:
0 acre(s)
Lot Depth:
0'
Lot Frontage:
0'
Lot Shape:
Standard
LINC Number:
0029702727
Title:
Fee Simple
Business Type:
See Remarks
Building Type:
Townhouse
Year built:
2013
Construction Materials:
Frame - Wood
Foundation:
Concrete
Roof:
Shingle - Asphalt
Utilities:
Cable/Satellite TV, Electricity, Garbage Collection, Municipal Water, Natural Gas, Power, Sewer, Telephone -Private
Water Supply:
Municipal
Sewer:
Municipal
Heating:
Furnace - Forced Air - 1
Finished Area.:
1,137 sq. ft.
Possession:
30 Days / Neg
Inclusions:
18 Fridges, 18 Stoves, 18 Dishwashers, 18 Washers, 18 Dryers, 18 Microwaves, All Blinds
Transaction Type:
For Sale Only
Parking Places:
2
Paved Pkg:
2
Garage:
0
Access:
Direct Access, Other, Road - Public, See Remarks
Zoning:
R2
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Listing information last updated on 3-Oct-2017 3:29 PM
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With an immediate trading area encompassing some 270,000 people and over 2 million people in a 150km radius that takes in the major cities of Edmonton and Calgary and their international airports, both regional and global businesses are able to thrive in and around Blackfalds.

Blackfalds land for sale

Offering more affordable housing options than nearby Red Deer, Blackfalds attracts many first time buyers, which has led to a bedroom community of young commuters to other towns and a gap for investment in Blackfalds itself, with a high amount of underdeveloped land with potential for industrial or commercial real estate use.

As one of the closest urban centers to the Joffre Petrochemical Plant, which employs over 700 people, Blackfalds is ideally located for working families to settle and prosper along with the progressive town they inhabit. It is a situation that Blackfalds and its residents are certainly taking advantage of.

The 2016 population being 9510, Blackfalds was names Canada’s 2nd fastest growing community with over 48% growth between 2011 – 2016. Despite this, the friendly community spirit remains among the young residents, half of whom are in the 18-45 age range. This particular statistic marks Blackfalds as one of the best markets in Central Alberta for investing in industrial or commercial real estate and recruiting a labor force.

It isn’t only the population that is expanding in Blackfalds, as the town has plans to become a self-sustained conurbation in the near future, with all amenities, services and necessary businesses looking to be established within easy reach of its residents, cutting down on commuting to nearby communities and helping the local economy.

With such a plan outlining the specific businesses the town is actively seeking, those with the relevant ideas for industrial or commercial real estate investment may already have an economic head start when compared to investing in neighboring towns.

Further enticing industrial and commercial real estate investment in Blackfalds are the provincial tax laws, which remain among the most competitive in North America. With Alberta being only province that does not have a provincial retail sales tax, provincial capital or payroll taxes, it has long thrived economically, and the location and population demographics of Blackfalds make it one of the most promising regional towns in which to invest.

2014 was the most active year in Blackfalds’ history for building permits issued, with the number rising 17% on the previous year to 609, and the total value reaching $124 million, up an impressive 64% on 2013’s figures, giving further confidence to those looking to invest in industrial or commercial real estate in the town.

The currently expanding retail and commercial services sector is backed up by the Downtown Revitalization Plan, which promises to help Blackfalds maintain and even improve upon its impressive recent growth.

A young and dynamic location with MLS commercial property available for both lease and purchase, investing in Blackfalds can help your business to grow as the town itself does.

Want more information?

Learn about Economic Development in Blackfalds

Learn about Business Licenses for Blackfalds

Meet the Planning and Development Department in Blackfalds