This 23-suite low-rise apartment building offers a compelling investment opportunity in Edmonton’s Queen Alexandra neighborhood, a highly desirable area known for its proximity to the University of Alberta and Whyte Avenue. Built in 1968, the property sits on a 17,424-square-foot lot and is well-maintained, providing immediate income potential with long-term upside through value-add strategies. The location benefits from strong rental demand driven by students, professionals, and families seeking convenient access to educational institutions, employment hubs, and cultural amenities. The neighborhood is walkable and well-served by public transit, with major roadways such as Calgary Trail and Gateway Boulevard nearby, ensuring excellent connectivity across the city.