780-540-5422
1665 Jameha Rd NW, Edmonton, AB for Sale
Apartments - FOR SALE
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1665 Jameha Rd NW
Edmonton, AB T6L 6P6
South


HIGHLIGHTS

  • Stabilized 174-unit complex built in 2018 with modern finishes
  • 99.5% two-bedroom layouts ideal for family tenancy
  • In-suite laundry, A/C, quartz counters, and balconies
  • 289 energized surface stalls with 1.66 parking ratio
  • Located near Whitemud Drive, LRT, and major amenities
  • Southeast Edmonton submarket with 2.9% vacancy and 14.9% projected population growth

OVERVIEW

Pine Creek Manor offers investors a rare opportunity to acquire a stabilized, modern multifamily asset in one of Edmonton’s fastest-growing submarkets. Located in Jackson Heights within Mill Woods, this 174-unit complex spans two four-storey buildings on a 4.6-acre site, completed in 2018. The property features a highly desirable suite mix, with 99.5% of units configured as spacious two-bedrooms—many exceeding 900 SF—designed to attract long-term family tenants seeking comfort, convenience, and community. Each unit is equipped with in-suite laundry, air conditioning, quartz countertops, stainless steel appliances, and private balconies or patios. The buildings offer secure keyless entry, intercom systems, and 24-hour video surveillance. With 289 energized surface parking stalls, the property boasts a strong parking ratio of 1.66 stalls per unit. Strategically positioned near Whitemud Drive and 50th Street, Pine Creek Manor provides seamless access to major commuting routes, including Anthony Henday Drive and Gateway Boulevard. Residents benefit from proximity to the Mill Woods Recreation Centre, Grey Nuns Hospital, Mill Woods Town Centre, and the Valley Line West LRT. The surrounding area is rich in retail, dining, and educational amenities, supporting tenant retention and rental growth. The Southeast Edmonton submarket is experiencing rapid population growth, driven by immigration and family demographics. With a submarket vacancy rate of just 2.9% and average two-bedroom rents at $1,776, Pine Creek Manor is well-positioned to deliver strong yield and long-term capital appreciation. Edmonton’s lack of rent control and rising demand for purpose-built rentals further enhance the investment appeal.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

174

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pine Creek Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

DC2 (891)(1)

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jandip DeolAvison YoungMore Info
780-540-5422

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Jandip DeolAvison YoungMore Info
780-540-5422

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