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Edmonton 39-unit multi-family rental sells for $85,128 per door

The NW Edmonton apartment building sold for $3.32 million to an Ontario-based investment group, which said it is seeking other such investments in Western Canada.
Re/Max Gold Realty Ltd., Brampton, Ontario, for Western Investor
1046 102 Edmonton copy
Re/Max Gold Realty Ltd., Brampton, Ontario, for Western Investor

Type of property: Multi-family rental

Location: 10746 102 St NW, Edmonton

Number of units: 39

Asking price: $3.6 million

Sale price: $3.32 million

Price per door: $85,128

Date of sale: “Mid-June,” 2021

Buyer: Gill Real Estate LP  Gill GP Ltd., Toronto

Brokers: JLL Canada, Edmonton;

Broker: Samuel Dean, listing agent, JLL Canada; co-operating broker Paul Gill, Re/Max Gold Realty Ltd., Brampton, Ontario