pillar/IMG-A2234841_1.jpg
101 days on Market

4940 49 St #1-19 (no 3 or 13), Rocky Mountain House, Alberta T4T 1B6

In the same building:
-
Condo
-
-
~6801.00 sqft
$2,490,777
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Condo
-
-
~6801.00 sqft

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Highlights

Property Estimate

Days on market101 days

Estimated valueNot available

Price/Sqft$366/sqft

Monthly cost

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Description

Rare Investment Opportunity – Fully Renovated Apartment Building in Rocky Mountain House Don’t miss this exceptional opportunity to own a fully tenanted, turn-key apartment building in the heart of Rocky Mountain House with potential to add 2 more stories! With $1 million in high-quality renovations, this 17-unit concrete and stone building is a rare asset—ideal for investors looking for long-term stability and returns. Other notable upgrades: new roof 2015, new windows 2016, new boiler 2020, and both pumps were rebuilt 2025. This professionally managed building features 16 well-designed studio apartments and one spacious one-bedroom unit. The expansive basement, formerly home to 30 underground parking stalls, offers incredible development potential. Whether you envision additional apartment units (subject to town approval), storage lockers, or a tenant recreation space, the possibilities are endless. A small office is already in place for property management or administrative use. Situated on one of the most desirable streets in Rocky Mountain House, the building boasts breathtaking west-facing mountain views, a large paved parking lot, and low-maintenance landscaping. With a concrete and stone exterior, minimal yard work, and close proximity to shopping, dining, and all local amenities, this is truly a prime addition to any investment portfolio.


Property Details

StyleOther
View-
Age of property1975
SqFt~6801.00 SqFt
Lot Size-
Parking Spaces30
MLS ®NumberA2234841
Community NameRocky Mountain House
Data SourcePILLAR 9
Listing byRealty Executives Alberta Elite

Features

Heating: Boiler

Parking

Garage spaces -

Garage type -

Total parking spaces 30


1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 26, 2025
ListedActive
$2,490,777
101 days on market
history photo preview49
Listing by pillar 9®
Property listed by Realty Executives Alberta Elite, Brokerage
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Market Data - Rocky Mountain House

Geo Zone Map ThumbnailRocky Mountain House

Strong Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

2 days

Compared to

2024

236 days

2023

0 day

2022

0 day

New Listings

Past 30 days

1 listing

Compared to

2024

1 listing

2023

0 listing

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$245,000

Compared to

2024

$192,500


Population and Demographics

Overview

Total population 5772
Average household income $109,504

Age (%)

0 to 19
27%
20 to 34
18%
35 to 49
20%
50 to 64
18%
65 and plus
17%

Household composition (%)

Single family
62%
Single person
32%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
92%
Others
3%
Tagalog (Pilipino, Filipino)
2%
French
1%

House tenancy (%)

Owners
70%
Renters
30%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget