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Edmonton's Silverstone Terrace sells for $190K per door

The brand-new property boasts 39 units with an on-site playground and splash park
silverstone terrace
Price: $7,410,000
No. of Units: 39
Price/Unit: $190,000
Property Type: Multi-family
City: Edmonton
Province: Alberta
Name of Brokerage: CBRE Edmonton
Name of Vendor: Ironclad Properties Inc. 
Name of Buyer: GSK Properties
 
Silverstone Terrace apartments in the Chappelle neighbourhood of Southwest Edmonton sold for $7.41 million last year, according to CBRE.
 
The apartment complex has 39 units, priced at a modest $190,000 each. The brand-new building is fully occupied. Residents can take advantage of the on-site skating rink, playground, splash park, basketball court and picnic areas. Silverstone Terrace offers one and two-bedroom suites, renting from $1,225 to $1,300 per month.
 
The property is located at 2910 – 141 St. SW, Edmonton. 
 
 

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