11320 34th St NW - Apartments FOR SALE


Edmonton, AB T5W 1Y9- North
$1,750,000 CAD
780-288-0322
11320 34th St NW, Edmonton, AB for Sale
$1,750,000 CAD
Apartments - FOR SALE
1/2
null | 5.16% Cap Rate

11320 34th St NW
Edmonton, AB T5W 1Y9
North


OVERVIEW

Valuable Amenities Nearby: The property is within walking distance to numerous amenities, including Rundle Park and the major retail corridor along 118 Avenue, which features restaurants, grocery stores, and family services. Its central location ensures convenience and connectivity, with major transit routes and thoroughfares just minutes away. Ideal CMHC Candidate: The property is an excellent CMHC MLI Select candidate, allowing for low equity requirements and reduced debt payments, resulting in enhanced cash flow potential. Excess Land: The property sits on 0.38 acres of land and holds great potential for future development, allowing for a total of 30 units.

FOR SALE DETAILS

PRICE

$1,750,000 CAD

PRICE/SF

$177 CAD /SF

# OF UNITS

12

PRICE/UNIT

$145,833

CAP RATE

5.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rundle Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

RM h16

APN/PARCEL ID

5406202

ASK ABOUT THIS PROPERTY

Tracy OlmosAvison YoungMore Info
780-288-0322

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Tracy OlmosAvison YoungMore Info
780-288-0322

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.