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Listed price in listed location currency (CAD).
$550,000
$548,000

008

MLS® A2296341

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 1819 sqft
Garage 
Taxes $4,476
Lot Size 
Approx. Age 1976
Avg. Price Per Sqft $301
MLS® Number A2296341

Property Address: 1-4-1019 Cassils Rd W, Brooks, AB, T1R0C8

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberA2296341
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1976
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Apr 14, 2026End Date
$550,000Sold Price

Sold

Mar 25, 2026List Date
$548,000List Price

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