Welcome to an excellent real estate investment opportunity! This 6-unit apartment building is located in the growing community of Forestburg and offers affordable housing for tenants. The showcased photos are of Unit 3, which has been recently renovated. The layout includes one 1-bedroom, 1-bathroom unit (Unit 1), while the remaining five units each feature 2 bedrooms and 1 bathroom. A shared mechanical room houses the hot water tanks, and there is one washer and one dryer available for tenant use. The building offers convenient dual access with both a front and rear main entrance, making it easy to reach any of the six units from either the street or the back of the property. At the rear, you'll find six dedicated gravel parking stalls, while additional street parking is available at the front.
For sale
C$495,000
5407 48th Ave #1-6, Forestburg, AB T0B 1N0
--beds
--baths
3,082sqft
Apartment
Built in 1976
-- sqft lot
$-- Zestimate®
C$161/sqft
C$-- HOA
What's special
Shared mechanical roomDual accessDedicated gravel parking stalls
- 43 days
- on Zillow |
- 11 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 03:25am
Listed by:
Nolin Maurier, Broker,
Realty Experts Group Ltd,
Nicole Maurier, Associate,
Realty Experts Group Ltd
Source: courtesy of Pillar9 System,MLS®#: A2227785
Originating MLS®#: Central Alberta

Travel times
Facts & features
Interior
Heating
- Boiler, Natural Gas
Appliances
- Included: Electric Stove, Refrigerator, Washer/Dryer
- Laundry: Common Area
Interior area
- Total interior livable area: 3,082 sqft
- Finished area above ground: 518
Property
Parking
- Total spaces: 6
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Features: Back Lane, Landscaped
Details
- Parcel number: 56766293
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- New construction: No
- Year built: 1976
Community & HOA
Community
- Subdivision: NONE
Location
- Region: Forestburg
Financial & listing details
- Price per square foot: C$161/sqft
- Date on market: 6/16/2025
- Inclusions: N/A
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