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Listed by Michelle A Plach HonestDoor Inc
$ 1,860,000
Est. payment | /mo
$ 1,860,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Year Built 1962
MLS® Listing ID 45745938
Property Description
Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. Located along Whyte Avenue in Edmonton's highly sought-after Ritchie neighbourhood, this 12-unit apartment property offers strong holding income in one of the city's most vibrant urban communities. The Property can be acquired Free & Clear of financing. The Property has benefited from numerous capital upgrades, including improvements to the windows and roof, and is ideally positioned near the University of Alberta, Downtown Edmonton, and Mill Creek Ravine. With a Walk Score of 80, residents benefit from exceptional walkability to Ritchie Market, Transcend Coffee, Biera, boutique retail, restaurants, parks, schools, and direct access to the Mill Creek Ravine trail system. Edmonton continues to attract strong multifamily investment interest driven by population growth, housing affordability, and consistent rental demand, further supporting the long-term appeal of the Property.
Location
Province AB
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