Chateau Royal is a 20 Unit Condo Project managed as a Residential Rental Property. located in Central McDougall on the LRT Line, near Grant MacEwan University, RA Hospital, Kingsway Mall & ·wow' Amenities of the Ice District! There is a great mix of 2 Bachelor Units, 6 One Bdrm, 9 Two Bdrm & 3 Three Bdrm Units. There is a new roof in 2016, the Common Areas have been painted, a New Steel Rear Door and 15 of the 20 Units have had varying degrees of Upgrading in the past couple of years such as Flooring, Appliances, Fixtures, Paint, etc.. The list Price reflects that some capital injection is required for further Improvements, a Pro-Active Owner & Mgmt to bring this 'Diamond in the Rough' to it's former Glory! The High Assumable Mtg @2.89% can be assumed with qualification Including personal and corporate guarantees or TACT & you can place your own Mtg. Please do not go direct to disturb Tenants. 2+ Bus Days notice required for Appointment to Qualified Buyers. Proforma available upon request.
Disclaimer: Information herein deemed reliable but not guaranteed by the EREB.
Listing information last updated on May 21st, 2019 at 7:31pm MDT.