Commercial REALTORS®  |  RE/MAX River City


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Browse from the profiles below or contact our Broker for the best recommendation and introduction. Call 780-439-7000 to speak with John Carter, Broker/Owner.

About REMAX Commercial

JOHN CARTER
Managing Broker
RE/MAX RIVER CITY
780-439-7000
1-800-265-9518
English

JOHN CARTER

BROKER / OWNER

Proudly leading our amazing team of management and administrative staff. We serve the over 250 top REALTORS® at our three strategic locations in Edmonton, helping you buy, sell and invest in residential and commercial real estate.

John was awarded Broker/Manager of the year in 2019 by the REALTORS® Association of Edmonton and Broker/Owner of the year for REMAX Canada in 2020. This is a continuation of his involvement as an owner of the brokerage since 2008, and previously as Administration Manager from Oct 2014 to May 2017. Licensed as a REALTOR since 2002, his focus is commercial investment sales.

Fun fact: Lived on a 45 foot powerboat yacht for three years as a child in Victoria, BC.

Industry Leadership & Community Engagement  

  • REALTORS Association of Edmonton - Audit Committee 

  • RE/MAX of Western Canada - Broker Council 

  • Uncles & Aunts at Large Edmonton - Board Member & Volunteer 

  • Canadian Progress Club - Edmonton Downtown - Board Member & Volunteer 

  • Entrepreneurs Organization - Edmonton Chapter - Member 


COMMERCIAL REALTOR

Professionally, John has a long history of building wealth using real estate as the vehicle. In fact, he bought his first investment property while still in his second year of university. By the time he completed his Bachelor of Management degree he had acquired other investment properties and successfully completed his first condo conversion project—a 12 suite building in Edmonton.

John believes that by helping others achieve their financial goals, he also achieves his financial goals. Consequently, over the years he has helped many clients acquire, develop, then hold or sell profitable real estate projects. He is a real estate investment expert and leading licensed real estate Associate with RE/MAX River City in Edmonton, Alberta. John has successfully overseen numerous successful real estate investment projects for clients and investors in addition to managing his own personal portfolio, and has transacted over 100 investment real estate properties. 

Specialities: Property Acquisition, Valuation, and Disposition. Corporate Strategy, Executive Management, and Corporate Finance.

John’s personal interests are varied and include regular world travel, exercise, mountain biking, basketball, golf, sailing and multiple water board sports as well as spending quality time with good friends and family.


 
Courtesy of John W Carter of RE/MAX River City

12932 118 Avenue NW
Zone 04 Edmonton T5L 2L4

$2,470,000
Multi-Family Commercial

Main Photo: 12932 118 Avenue NW in Edmonton: Zone 04 Multi-Family Commercial for sale : MLS®# E4374121
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Photo 28: 12932 118 Avenue NW in Edmonton: Zone 04 Multi-Family Commercial for sale : MLS®# E4374121
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4374121
Build. Type:
Low Rise (2-4 stories)
Welcome to Cumberland Apartments – a charming community-oriented complex with a beautiful central courtyard and outdoor space complete with garden boxes and BBQ space. This 20 unit building is actually two separate buildings built at different times originally. With 13 one bdrm suites, 6 two bdrm and 1 two plus den, many suites have had extensive renovations and modernization upgrades and others have maintained the character of the building with refinished hardwood floors and more. New windows throughout and a recent partial roof replacement take care of a lot of the big ticket capital items, while leaving the opportunity for some further exterior façade improvements. Well located near Westmount shopping centre and just south of the Yellowhead, there’s easy access and good transit connections as well.
Sale Type:
Asset or Share
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Walk Up
# Bldgs:
2
# Units:
20
Tot Pkg Spaces:
20
# Storeys:
3.0
Year built:
1950 (Age: 74)
Total Floor Area:
0 sq. ft.
Lot Area:
0 sq. ft.
Plan:
5998HW
Title to Land:
Freehold
LINC Number:
0016474124
# Elevators:
0
Num. of Parcels:
1
Cap Rate %:
5.25
Gross Operating Income:
$239,640
Other Income:
$0
Effective Gross Income:
$220,469
Net Operating Income:
$129,633
Total Oper. Expenses:
$90,835
Tot Expenses:
$90,835
Days On Website:
71 day(s)
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Data was last updated May 1, 2024 at 02:30 PM (UTC)
JOHN CARTER

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