Edmonton rental property snapped up for $90K per door

Apartment building in Queen Mary Park has 17 units and sold for $1.53 million

By
for Western Investor
February 5, 2020





DD Edmonton MF building charles_manor

A 17-unit apartment building in Queen Mary Park, with a mix of bachelor, one-bedroom and two-bedroom suites, has sold for $1.53 million, reports JLL Commercial.

Breakdown:

Property type: Multi-family rental

Location: 10829 113 Street, Edmonton

Number of units: 17

Property size: 10,768 square feet

Land size: 0.34 acres

Zoning: RA7

List price: $1.69 million

Sale price: $1.53 million

Date of sale: December 18, 2019

Brokerage: JLL Commercial, Edmonton

Brokers: Hayley Buskas, Samuel Dean and Tyler Herder


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