Positioned in the heart of Edmonton’s Downtown Government District, the Intact Building offers a rare opportunity to acquire a prominent office asset with strong in-place income and long-term upside. This 11-storey tower spans over 233,000 square feet and sits on a 0.89-acre site with CMU zoning, allowing for future redevelopment or conversion flexibility. Originally built in 1961 and extensively renovated in 2009, the property blends classic structure with modern upgrades.
Strategically located on Jasper Avenue—one of Edmonton’s most vital commercial corridors—the building benefits from exceptional transit access, including proximity to Corona and Bay/Enterprise Square LRT stations. The surrounding area is a vibrant mix of government offices, educational institutions, and retail amenities, creating a dynamic environment for tenants and visitors alike. With 180 parking stalls and a walk score of 98, the property supports both commuter convenience and pedestrian accessibility.
Current occupancy stands at 72%, anchored by Intact Insurance, NorQuest College, and Rexall. These tenants reflect a stable and diversified mix, including government-backed and Fortune 500 entities. The offering presents immediate income with significant lease-up and repositioning potential, making it ideal for investors seeking long-term value in a growing urban core.