2216 20 Street

Delburne, AB

7,104
Sq Ft: Commercial
Type

Built 1975 · 16250 sqft

$431,000 above the Delburne Area benchmark of $268,000

About This Home

The Delburne Hotel presents an outstanding investment opportunity, combining historic significance with stable diversified income streams and considerable potential for continued growth. Constructed with enduring quality and attention to architectural detail, the Delburne Hotel stands as a landmark within the community. The property includes six well-appointed guest rooms, providing comfortable accommodations for both corporate and leisure travelers. Its established reputation ensures consistent occupancy and positive referrals. Complementing the hospitality operations, the property features multiple commercial components, including a leased restaurant, a popular pub, and a liquor store. The Delburne Hotel provides significant potential for value appreciation and operational expansion. New roof in January. (id:67953)

Property Details

MLS® Number: A2313915
Lot: 16250 sqft
Year Built: 1975
Days On Market: 174

From Above

For Families

Schools Near This Home

Delburne School

These are the schools serving Delburne. Catchments shift now and then, so it's worth a quick check with the school division for this exact address.

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Showing requests are sent to a Corridor partner agent for this area, who may not be the listing agent. Corridor Real Estate is not a brokerage.

True Monthly Cost

What this home really costs each month, not just the mortgage. Good news: Alberta has no land transfer tax.

Mortgage Payment: $3,061
Property Tax (Est.): $524
Heat, Power & Water (Est.): $789
Estimated All-In: $4,374/mo

Based on 20% down over 25 years. Your lender can give you exact numbers.

Canadian Mortgage Estimate

Estimated payment

$3,550 / month

Home price$699,000

Down payment (10%)$69,900

Interest rate4.39%

Amortization25 years

Mortgage principal: $648,602
CMHC insurance (3.1%): $19,502
Total interest: $416,482
Minimum down: $44,900

Semi-annual compounding, per Canadian convention. Estimates only — confirm with a licensed mortgage professional.

Listing Courtesy Of

Royal LePage Network Realty Corp.

Julie Cummings

MLS® A2313915 · 174 Days On Market

Listing information is provided by the listing brokerage and is deemed reliable but not guaranteed. Corridor Real Estate is not the listing brokerage. Listing data on this site is provided through CREA's DDF® by Cooper Jones, REALTOR®, Coldwell Banker OnTrack Realty, a member of The Canadian Real Estate Association, who is responsible for this website's listing content. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. REALTOR.ca Canada Inc. reproduces and distributes this information as a service for its members and neither CREA nor REALTOR.ca Canada Inc. assumes responsibility for its accuracy. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Terms Of Use

$699,000

Est. $3,061/mo

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