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For Sale · Forestburg

$619,000

Forestburg

About This Home

The details.

THIS IS A VERY PROFITABLE MOTEL BUSINESS; THIS IS AN EXCELLENT OPPORTUNITY FOR A FAMILY OR 2 FAMILIES. THE PROPERTY CONSISTS OF A 29 UNIT MOTEL (19 KITCHENETTE) WITH 3 BED OWNERS SUITE, CLEAN & COMFORTABLE. HWY 856 @ 53; SE OF EDMONTON, EAST OF RED DEER. FINANCIAL STATEMENT AVAILABLE FOR SERIOUS BUYER. (id:66635)

Summarizing the highlights...

MLS® 43845593Listing courtesy of Royal Lepage Arteam RealtyView on map Street view

Property Details

Facts & features.

Property type: Hospitality
Lot size: 49,658.4 square feet
Listed on: 2025-05-31
Days on market: 418
MLS number: 43845593
Data source: REALTORS® Association of Edmonton – Commercial

Market intelligence

Statistics and history.

Days on market

418

Typical in Forestburg: 7 days

Forestburg median asking

$240K

9 active listings

New this week

9 active listings

How fast is this listing moving?

FastSlow

Market demandBalanced

QuietHot

1 new this week of 9 active listings in Forestburg, blended with typical days on market.

Where this price sits in Forestburg

$130KThis listing$395K

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$2,895

$495,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,895

Cash flow

-$2,895

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Forestburg right now

Active listings

New this week

$239,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.