4801 53 St
Forestburg, AB T0B 0H7Surrounding Areas
Listing Agent: Sean Lee
Brokerage: Royal Lepage Arteam Realty
Description
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.
Property Overview
Interior Details
Exterior Details
Parking
Heating & Utilities
Community & Location
Mortgage Calculator
Estimated Monthly Payment
Loan Amount
$495,200
Total Interest
$-495,200
*This estimate does not include property taxes, insurance, or heating costs.
Quick Tip: A higher down payment reduces your monthly cost and the total interest paid over the life of your mortgage. In Canada, down payments less than 20% usually require mortgage default insurance (CMHC).
Listing Information
Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.
Listing information last updated on May 4, 2026 at 7:42 a.m. MST.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Location & Nearby Amenities
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Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.