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12618 152nd Ave NW

83 Unit Dormitory £9,319,183 (£112,279/Unit) Edmonton, AB T5X 6B2

12618 152nd Ave NW, Edmonton, AB T5X 6B2

INVESTMENT HIGHLIGHTS

  • The Property is located in the Castledowns area in North Edmonton. S
  • Located nearby public transit.
  • Surrounded primarily by single family homes, it is less than 2 kilometers from the Pembina retail node.

EXECUTIVE SUMMARY

The Property presents the opportunity to acquire a rare vintage condominium. Situated in northeast Edmonton, the area has historically been under supplied for newer updated rental product. The Property features in-suite laundry, open concept kitchens, large outdoor balcony or patio space and a mix of partially and fully renovated units. Acquiring individually titled units also results in lower property taxes. Roof was re-shingled in two phases in 2016 and 2018. Hot water risers and recirculation lines replaced in 2015. Hot water tanks replaced in 2015 and 2018.

ATTACHMENTS

document-aed84143d94503e24452a18c8517475ede0cf52a950579f68c0d43fe97d96cdf

PROPERTY FACTS

Price £9,319,183 Building Class B
Price Per Unit £112,279 Lot Size 2.15 AC
Sale Type Investment Building Size 95,332 SF
No. Units 83 Number of Floors 4
Property Type Multifamily Year Built 1999
Property Subtype Dormitory Parking Ratio 1.26/1,000 SF
Price £9,319,183
Price Per Unit £112,279
Sale Type Investment
No. Units 83
Property Type Multifamily
Property Subtype Dormitory
Building Class B
Lot Size 2.15 AC
Building Size 95,332 SF
Number of Floors 4
Year Built 1999
Parking Ratio 1.26/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS Avg. Rent.Mo SF
1+1 8 - 725
2+1 63 - 850
3+2 12 - 1,197
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ZONING

Zoning Code DC2 (Direct Control)
DC2 (Direct Control)
(780) 540-5421

CONTACTS

  • Listing ID: 33464822

  • Date on Market: 09/10/2024

  • Last Updated:

  • Address: 12618 152nd Ave NW, Edmonton, AB T5X 6B2

The North Multifamily Property at 12618 152nd Ave NW, Edmonton, AB T5X 6B2 is currently available. Contact Avison Young for more information.

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12618 152nd Ave NW
(780) 540-5421 x

12618 152nd Ave NW

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Amit Grover

(780) 540-5421

(780) 540-5421

Jandip Deol

(780) 540-5422

(780) 540-5422

Tracy Olmos

(780) 288-0322

(780) 288-0322

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