A high-rise apartment in the Garneau neighbourhood of Edmonton has sold for $11 million, JLL Canada reports.
Garneau Manor is a 52-unit, nine-storey apartment complex built in 1965. The building includes a mix of seven studio units, 28 one-bedroom suites and 17 two-bedroom units. The apartment is located on an 18,135-square-foot lot. The property sold for approximately $211,538 per suite.
The property is located at 11121 82 Ave. NW, Edmonton.
Breakdown:
Price: $11,000,000
No. of Units: 52
Price/Unit: $211,538
Lot Size: 18,135 SF
Property Type: Multi-family
Zoning: RA9
Date of Sale: 01/15/2018
City: Edmonton
Province: B.C.
Name of Brokerage: JLL Canada
Do you have a Done Deal you'd like to promote? Submit here for a free posting!
