Welcome to #54, 2131 Oak Street in Sherwood Park — a 3-bedroom, 2.5-bathroom townhouse in a fantastic location.Just steps from Broadmoor Lake, this home puts some of Sherwood Park’s best
Dated: February 28 2025
Views: 37
Ever dreamed of being a real estate mogul overnight? Or maybe you’ve always wanted to own an entire street—just so you can be that neighbor who decides when the block parties happen? Well, now’s your chance! A unique real estate opportunity has hit the market in Blackfalds, Alberta: 25 fully rented townhomes are up for grabs—for a cool $8 million.
Located about an hour and a half north of Calgary, Blackfalds is a growing town with a strong rental market. And this listing isn’t just a few houses—it’s practically its own little neighborhood.
Built in 2017, these three-bedroom, bi-level style townhomes come fully equipped with stainless steel appliances (stove, fridge, dishwasher, and microwave), plus a washer, dryer, and window coverings. Each unit even has a private fenced backyard and a gravel parking pad—ideal for tenants who want a little space without the hassle of major upkeep.
If you're an investor looking for an opportunity that’s ready to roll, this one is hard to beat.
✅ Fully rented – That’s right, these homes already have tenants.
✅ Individually titled & metered – Each property is separately titled, so you could sell them off one by one if you wanted.
✅ Tenants cover utilities & maintenance – Tenants pay for their own utilities and handle snow removal and yard care.
✅ Mortgage options available – A first mortgage on the property could be assumed, making financing easier.
✅ Still under warranty – There’s even a balance remaining on the 10-year New Home Warranty.
Honestly, not much. With 18,825 sqft of total finished space, 50 parking spots, and an annual property tax bill of $63,694, this is a serious investment with a lot of potential. Whether you hold onto all 25 homes as rental properties or sell them off individually over time, there’s plenty of room for growth.
It’s not every day you see an entire street for sale. If nothing else, this would be the ultimate way to avoid bad neighbors—just buy them all out!
Interested? Check out the full listing here: Realtor.ca
What do you think? Would you take the plunge and buy a whole block? Let us know!
Hi! My name is Nate Nagle, I'm a local Edmonton Realtor, Veteran and Dad. I bring the discipline and integrity of my military service to every real estate transaction. I am a skilled negotiator, a t....
Welcome to #54, 2131 Oak Street in Sherwood Park — a 3-bedroom, 2.5-bathroom townhouse in a fantastic location.Just steps from Broadmoor Lake, this home puts some of Sherwood Park’s best
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