Investment Property
For Sale
  • Multifamily

    • 18 Units For Sale

    11836 89 Street Northwest, Edmonton, AB Canada
    Investment Property
    For Sale
  • Multifamily

    • 18 Units For Sale

    11836 89 Street Northwest, Edmonton, AB Canada
    Available Space
    15,000 SF
    Built
    1979
    Available Space
    15,000 SF
    Built
    1979

    OVERVIEW

    Cushman & Wakefield Edmonton Capital Markets Group (“CWE”) has been exclusively retained to market a 100% interest sale in the Madison building situated in the mature neighbourhood of Delton, Edmonton. This 18-suite, two-and-a-half-storey walk-up presents an excellent opportunity to acquire a stable investment that has been meticulously maintained over the last 22 years by the current ownership. The Madison provides an investor the chance to step into an investment and not worry about completing any major capital improvements, which have all been completed, and only focus on maximizing the currently under market rents. With an assumable, knowledgeable, and longstanding live-in onsite property manager in place, this stable offering provides secure value for an investor seeking a hands-off investment with immediate room for upside in rents.

    CONTACT

    Key Features
    • The property is well-situated in the mature neighbourhood of Delton which is centrally located with easy access to 97 Street, 82 Street, Fort Road, Yellowhead Trail and Wayne Gretzky Drive.
    • The neighbourhood benefits from convenient travel to:
    • Coliseum LRT station (5 Min)
    • NAIT (6 Min)
    • Commonwealth Stadium (5 min)
    • Borden Park (7 min)
    • Edmonton EXPO Centre & Exhibition Grounds (8 min)
    • Kingsway Mall (5 min)
    • Concordia University (8 min)
    • Additional shopping, groceries and restaurants are located conveniently, with in a few minutes walking distance from the property.
    • Nearby schools include Delton Elementary and Eastwood Elementary Junior High School operated by the Edmonton Public School System and St Gerard Catholic Elementary School operated by the Edmonton Catholic School System.

    Details

    Available Space:
    15,000 SF
    Sale Price:
    $2,160,000 USD
    Year Built:
    1979

    CONTACT

    18 Units For Sale

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

    RELATED PROPERTIES

    Image
    For Sale ● Multifamily
    Jasper Avenue Multi-Family Development Lands

    8224 & 8228 Jasper Avenue
    Edmonton, AB
    Canada

    Sale Price: $2,350,000 USD

    Image
    For Sale ● Multifamily
    INVESTMENT PROPERTY

    11006 108 Avenue NW, Edmonton, Northwest
    Edmonton, AB
    Canada

    Sale Price: $1,700,000 USD

    With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

    Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

    You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
    MORE OPTIONS
    AGREE AND CLOSE
    These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
    These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
    These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
    Cookie preferences
    Agree All
    Reject All
    SAVE SETTINGS
    Essential
    Non Essential
    Marketing