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Profile
 1 Overview
Town of Magrath
2 Industry and Commerce
Major Industries
Major Business 1
Major Business 2
Major Business 3
Business Associations
Land Availability
3 Infrastructure
Highways
Services
Public Transit
Media
4 Housing, Utilities and Taxes
Housing Overview
Residential Prices
Vacancies
Housing Starts
Utilities
5 Quality of Life
Climate
Tourism and Recreation
Arts and Culture
Education
Church
6 Healthcare and Emergency
Health Facilities
Emergency Services
Medical Practitioners
7 Community Services
Political Representatives
Community Contacts
8 Sources
Sources
9 Other Links
Links
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| Magrath, Alberta |
| Vacancies |
In an average month an estimated 10-15 residential properties are listed for resale or rent within the Town limits. The current rental rate for a typical 3 bedroom home is between $400 and $475 per month. Development of 4-6 fourplex units are scheduled within the next year.
Commercial storefront properties are available for lease (older buildings) starting from $400 to $500 per month. Properties for redevelopment are also available. Warehouse/Industrial space is somewhat limited. Only one property suitable for commercial warehouse or an industrial enterprise (42,000+ sq ft) is currently available, located in town just off Hwy 5 with spur access to existing railway line, at an asking price of around $300,000 ($7 per sq ft). Lease cost for this type of property is expected to be between $1.5 to $2.5 per sq ft per year. |
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