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Edmonton new 188-unit multi-family rental sells for $41.7 million

New wood-frame apartment complex, fully rented, on a 3.3-acre site was purchased by Yorkton Equity Group of Edmonton
Avison Young, Edmonton, for Western Investor
dwell-mf-edmonton
Avison Young, Edmonton, for Western Investor

Property type: Multi-family rental

Location:5530-5538 Schonsee Drive NW, Edmonton

Number of units: 188

Lot size: 3.3 acres

Sale price: $41.73 million

Brokerage: Avison Young, Edmonton

Brokers: Jandip Doel, Amit Grover and Brandon Imada