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Courtesy of Century 21 All Stars Realty Ltd.
Data was last updated 2025-06-25 at 20:18:11 GMT
Assumable Mortgage 2.35% | Creative financing will be considered | Exciting investment opportunity in downtown Edmonton! This commercial multi-family apartment is perfect for both entry-level and seasoned investors. With 16 one-bedroom units, 3 two-bedroom units, and 5 bachelor units, this property offers a diverse range of living options. Fully occupied with no vacancy, it guarantees immediate cash flow and boasts a high cap rate. Zoned as R8A, it offers flexibility for expansion and development. Built in 1963 on a 15,000+/- sq.ft. RA8-zoned lot, it provides ample parking. Close to Rogers Arena, Grant MacEwan, Royal Alex Hospital, Kingsway Mall, and downtown. Access to LRT. Upgrades include a 2010 SBS Membrane Roof, energy-efficient systems, and eco-conscious fittings. Low and varied rental rates allow for potential increase. All proposals are welcome. *Please do not approach tenants*
Listing Information
- Prop. Type:
- Other
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4347122
- Neighbourhood:
- Central Mcdougall
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $2,850,000
General Information
- Year Built:
- 1963
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This property is listed by Century 21 All Stars Realty Ltd and provided here courtesy of
Christine Mcfarland.
For more information or to schedule a viewing please contact Christine Mcfarland.
Christine Mcfarland
MaxWell Progressive
Phone: (780) 361-5925
Mobile Phone: (780) 361-5925
Inquire Via Email
MaxWell Progressive
Phone: (780) 361-5925
Mobile Phone: (780) 361-5925
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.