Listing Details

Investors, don't miss your chance to acquire 10 fully leased units in a newer condominium building near vibrant Whyte Avenue, University of Alberta, and downtown Edmonton. This rare opportunity features a mix of furnished and unfurnished 1-bedroom, 1-bedroom-plus-den, and 2-bedroom units with modern finishes, air conditioning, in-suite laundry, private decks, in-suite storage, and heated underground parking. These units offer open concept living space complete with stainless steel appliances, eat-up kitchen bar, and quartz countertops, ideal for tenants. This prime location enjoys close proximity to downtown, Whyte Avenue, and picturesque walking and biking trails along Saskatchewan Drive, resulting in low overall vacancy. With potential to increase rental rates in all units and the wholesale priced offering you don't want to miss out. Can be sold in smaller packages. Great turn key investment. Building has 45 units total and is very well managed. 4.06 cap rate.