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Apartment Building For Sale at Lawthorn in Airdrie, Alberta

4 Sale ID #410303
Archived 09 Jul 2025

Asking Price

$599,999

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Welcome to 572 Lawthorn Way SE — a bright, stylish, and move-in-ready home built by Homes by Avi, located on a quiet street in the growing community of Lanark, Airdrie. This two-storey home offers 2,260 sq ft of living space with 5 bedrooms, 3.5 bathrooms, and a finished basement with its own entrance.The main floor features a modern open layout with a sleek kitchen, quartz countertops, stainless steel appliances, a large island, and plenty of cabinet space. The connected living and dining area is perfect for gatherings, with large windows in the living room that fill the space with natural light. There’s also a small office near the front — perfect for working from home or quiet study time. A convenient half-bath finishes off the main level.Upstairs you’ll find 3 comfortable bedrooms, a bonus room, laundry, and 2 bathrooms — including a spacious primary suite with a private bathroom and large closet. It’s a perfect layout for family living.The finished basement adds even more space with 2 additional bedrooms, a full bathroom, a kitchenette, laundry, a large flex area, and a separate side entrance — ideal for guests, older kids, or extended family.This home also includes central air conditioning, a double detached garage, a brand-new backyard deck, and a security system with cameras. The yard is partially fenced, giving you a great starting point for outdoor enjoyment.You’re located just minutes from nearby schools, parks, and walking paths, with quick access to major shopping like CrossIron Mills, Costco, grocery stores, and restaurants. Commuting to Calgary is easy and convenient.If you’re looking for a modern home with space to grow, this one checks all the boxes.Don’t miss out — book your showing today! (id:39198)

  • MLS® : #A2235951
  • Date Listed : 03 Jul 2025

Location

Province

Alberta

City

Airdrie

Address

Lawthorn

Postal Code

T4A3P1

Location Highlights

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Listed by

URBAN-REALTY.ca Alberta listing

Category

apartment-buildings

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

1,614

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

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Financial Information

Yearly Rate

$599,999

Asking Price

$599,999

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

1,614

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

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Market Competition

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