Millennium Manor presents a compelling multifamily investment opportunity in Edmonton’s Queen Mary Park neighborhood, just north of the downtown core. This 30-unit wood-frame walk-up was constructed in 1972 and offers a balanced suite mix of bachelor, one-bedroom, two-bedroom, and three penthouse units with expansive rooftop balconies. The property sits on a 27,641 SF corner lot with excellent accessibility and includes 30 surface parking stalls, providing a 1:1 parking ratio.
Recent renovations have modernized several units with upgraded flooring, cabinetry, and in-suite laundry in nine units. All windows—suite and common area—are scheduled for replacement by August 2025. Security enhancements include keyless fob entry and surveillance cameras at both entrances, while a water usage monitoring system adds operational efficiency.
Located within walking distance of MacEwan University, NAIT, Kingsway Mall, and the ICE District, the property benefits from strong tenant demand driven by proximity to educational institutions, employment hubs, and retail amenities. The future LRT line along 104th Avenue will further enhance transit connectivity. With a 2KM radius population of over 62,000 and 73.6% renter occupancy, Millennium Manor is well-positioned for stable income and long-term appreciation.