Edmonton 168-suite, four-building rental complex closes at $22.5 million

Fairgreen Gardens has 168 suites in a four-building rental complex in Edmonton, where the buyer plans an “aggressive” renovation.

JLL Canada / Edmonton / for Western Investor
February 18, 2021

4007 108 Street NW, Edmonton.
— JLL Canada, Edmonton, for Western Investor

Property type: Multi-family rental

Location: 4007 108 Street NW, Edmonton.

Number of units: 168

Number of buildings: 4

Land size in acres: 5.67 acres

Zoning: RA7 (Low-rise apartment zone)

Sale price: $22.5 million

Date of sale: December 4, 2020

Brokerage: JLL Canada, Edmonton

Broker: Samuel Dean

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