What is the price of 4718 College Avenue?

This property is listed at $665,000 CAD.

Where is 4718 College Avenue located?

This property is located at 4718 College Avenue in Lacombe, Alberta, Canada.

What is the size of 4718 College Avenue?

This property has 3,527 square feet of living space.

How can I schedule a viewing of 4718 College Avenue?

Contact Rachel McQueen by phone at (403) 872-7785 or email at rachel.mcqueen@remax.net to schedule a viewing or request more information about this property.

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4718 College Avenue, Lacombe

4718 College Avenue, Lacombe

Lacombe, Alberta, T4L1Z1

MLS®: A2213994

Listing photo – 4718 College Avenue, Lacombe

$665,000

Active

3,527 square feet living area

Property Description

This exceptional 4-plex is ideally located just steps from the university in one of Lacombe’s most desirable neighborhoods. With a solid rental history, thoughtful updates, and a unique layout, this property offers incredible flexibility—whether you’re a seasoned investor looking for strong cash flow or a young family hoping to offset homeownership costs with rental income.Unit 1, the standout of the complex, is a spacious 3-bedroom, 2.5-bathroom home featuring an attached single garage, gas fireplace, large mud/laundry room with sink, jacuzzi tub, and updated carpet. Perfect for an owner-occupier, this unit provides the comfort and amenities of a single-family home with the added bonus of rental income from the three additional suites.Units 2, 3, and 4 offer a mix of functional layouts, including loft-style bedrooms and open floorplans, with shared access to a laundry area and large storage room. Updates include newer windows, modernized bathrooms, and forced-air or hot water baseboard heating. Unit 3 has new carpet in living room and primary bedroom. Unit 4 also includes its own attached garage and units 2 and 3 share the double car detached garage.Additional revenue comes from a separately rented motorhome garage. The building has been well cared for, with new siding and shingles completed approx. 7 years ago and updated electrical in the detached garage just two years ago.This property is a rare opportunity to own a high-performing asset with lifestyle flexibility. Whether you’re investing or looking to live in your investment—this 4-plex delivers.