Property Details

Address: 5200 Westridge Drive, Blackfalds, AB
Status: For Sale
Price: $5,970,000
Price Per Door: $199,000
No. of Units: 30
Cap Rate: 5.84%

Rockport Place is a condo townhome complex located at 5200 Westridge Drive in Blackfalds, Alberta, approximately 20 minutes North of Red Deer.

All of the units are three levels and offer over 1845 square feet of living space. There are a total of 30 units. The suite mix consists of 12 large two bedroom/three bathroom units, and 18 regular sized three bedroom/three bathroom units.

Each unit has an open floor plan with kitchen, office, and family living area. The kitchens are equipped with six appliances, including a dishwasher, microwave, refrigerator, and stove. The floors throughout are laminate. Each unit has an upper balcony and a ground level patio, and the townhomes back onto park land, offering a rural like setting.

Parking is surface and paved with assigned parking available for each unit.

About Blackfalds

Blackfalds is a town in central Alberta, located approximately twenty minutes north of Red Deer. It is situated just off Queen Elizabeth II Highway (Highway 2), which connects the central core of the province between Edmonton and Calgary.

According to the 2018 Census, the population of Blackfalds is approximately 10,125 residents. The greater Red Deer region has an approximate population of over 100,000 residents.

The economy in Blackfalds is supported primarily by the region’s agricultural and oil and gas industries. Economic opportunities in commercial, industrial, business and land development are excellent and Blackfalds is expected to continue growing substantially over the next few years. Transportation within Blackfalds is provided by BOLT Regional Public Transport, which offers bus services between Lacombe, Red Deer and Blackfalds during the week.

Wolf Creek School District and the Red Deer Catholic School District operate four schools in Blackfalds, providing education from kindergarten to grade nine.

Services and amenities in Blackfalds include a Canada Post, a public library, skate park, multi-purpose fitness facility, outdoor aquatic centre, spray park, and Multiplex, which offers an ice rink, banquet room and Ag room. IGA, Boston Pizza, Tim Hortons, A & W also have a location in the community. Full amenities and services are located in Red Deer, which is approximately a twenty-minute drive from Blackfalds.

Blackfalds is a growing town with exciting economic opportunities and a prime location in the Red Deer region, making it an attractive community to live, work and play.

Neighbourhood Amenities

Rockport Place is located within a short 5 minute drive to many restaurants in the Blackfalds community including the following chain restaurants: Tim Hortons, A&W, Boston Pizza, Dairy Queen and McDonald’s. The community has two grocery stores: IDA and Buy-Low Foods. There are several gas stations a short distance away from Rockport Place including: Fast Gas, Esso, Centex, Shell, and 7-Eleven.

Blackfalds is approximately a short 20 minute drive away from the city of Red Deer. Blackfalds has the small town community feel, but with easy access to the city of Red Deer and all the amenities a city offers. Including larger stores such as Canadian Tire, Walmart, Costco, Home Depot, Rona, London Drugs, Staples, Winners, Sport Chek, Best Buy, Co-op Grocery Store, Superstore and Safeway. Red Deer has two shopping malls, Bower Place and Parkland Mall, offering a wide selection of goods and services.

Interested in this Property?

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