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Listed by Jaz S Sandhu • Royal Lepage Magna
$ 22,500,000
Active
11228 86 St NW Edmonton, AB T5B 3H8
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 45232125
Year Built 2024
Property Description
Institutional-Quality Multi-Family Asset Near Edmontons Downtown CoreCompleted in 2024, this exceptional purpose-built multi-family residential property presents a rare opportunity to acquire a modern, institutional-quality asset in the rapidly evolving and highly accessible Parkdale neighborhood. Designed to capitalize on the soaring demand for modern urban rental living, the 6-story building offers 55,058 square feet of rentable residential area across a well-balanced, high-density suite mix. The property features a total of 78 residential units, including:6 Efficient Bachelor (Studio) units60 Spacious One-Bedroom units6 Two-Bedroom units6 Three-Bedroom unitsBuilt with contemporary architecture, premium finishes, in-suite laundry, and efficient modern building systems, the asset is engineered for low long-term operational costs while delivering an elevated living experience for residents. The property also includes 39 total parking stalls (consisting of 13 surface stalls and 26 secure underground stalls
Location
Province AB
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