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1-4, 318 Evergreen Trail, Red Earth Creek

$349,900

About this property

This exceptional fourplex offers a rare combination of smart design, strong rental appeal, and long-term durability, complete with a steel roof and ample parking for tenants. Each of the four suites is approximately 1,190 sq ft, providing generous living space that attracts long-term renters. The two upper suites feature three spacious bedrooms and two full bathrooms, including a private ensuite with a stand-up shower. The two lower suites offer two comfortable bedrooms and one full bathroom, creating flexible options for a variety of tenant needs. Every unit includes in-suite laundry, dual entry access from both the front and side, and well-proportioned bedrooms that make each suite feel like a full home. The property is located in a quiet, low-traffic neighborhood with parks and open fields directly across the street, offering a peaceful setting that tenants appreciate. With its durable construction, functional layouts, and location that appeals to oilfield, forestry, and service-sector workers, this property presents an excellent opportunity for investors seeking reliable, consistent rental income in a high-demand market.

Essential information

MLS® number
A2303714
Status
Active
Price
$349,900
Property type
Multi-Family
Type
4 plex
Transaction
For Sale
Restrictions
Utility Right Of Way
Living area
2,590 sq ft
Year built
2010
Structure
Four Plex
Style
Bi-Level
Listing brokerage
Real Broker
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air, Natural Gas
Flooring
Carpet, Ceramic Tile, Laminate
Appliances
Dishwasher, Dryer, Refrigerator, Stove(s), Washer
Features
Open Floorplan, Vinyl Windows
Laundry
In Unit

Exterior and construction

Construction
Vinyl Siding, Wood Frame
Roof
Metal
Foundation
Poured Concrete
Zoning
102 Residential Imp/Site

Parking

Total parking
8

Community

City
Red Earth Creek
Province
AB
Postal code
T0G 1X0

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

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The building

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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