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Listed by Cynthia Sun RE/MAX Real Estate
$ 2,400,000
Est. payment | /mo
$ 2,400,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Year Built 1952
MLS® Listing ID 45464974
Property Description
Rare opportunity to acquire a 13-suite multi-family investment property on Jasper Avenue, ideally located near Downtown Edmonton andthe North Saskatchewan River Valley. The property offers an efficient suite mix of 11 one-bedroom and 2 two-bedroom suites, with selectupper-level units featuring impressive River Valley and Louise McKinney Riverfront Park views. Current rents provide strong in-placeincome with additional value-add potential through suite improvements, modernization and rental optimization. The solid walk-upconfiguration eliminates elevator-related operating and capital costs. Excellent access to Downtown employment, transit, amenities andEdmonton's River Valley trail system. A compelling opportunity combining stable rental income, future upside and long-term land value ina strategic central location.
Location
Province AB
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