9830 105th St NW - Apartments FOR SALE


Edmonton, AB T5K 0E7- Downtown
$8,085,000 CAD
780-982-3848
9830 105th St NW, Edmonton, AB for Sale
$8,085,000 CAD
Apartments - FOR SALE
1/2
null | Request Cap Rate

9830 105th St NW
Edmonton, AB T5K 0E7
Downtown


HIGHLIGHTS

  • Well-Maintained with Upside Potential: Over $680K in capital improvements, with future upside opportunities.
  • Established Operations with Stable Cash Flow: Institutionally managed for over a decade with 98% occupancy as of May 2025.
  • Prime Urban Location: Nestled on the edge of Downtown Edmonton and the river, with walkable amenities and excellent transit access.
  • Attractive & Growing Major Market: Edmonton’s strong in-migration, tightening vacancies, and projected 30% population growth support rental demand.

OVERVIEW

Institutional Property Advisors, a division of Marcus & Millichap, is pleased to present Valley Ridge Tower, a seven-storey, concrete, multifamily investment opportunity comprising 49 suites (the “Property”). Perched along the edge of Edmonton’s scenic River Valley, Valley Ridge Tower enjoys a strategic position within downtown Edmonton, with immediate proximity to the city’s Financial District, Government District, entertainment and dining nodes, and the ICE District, all without sacrificing access to the green spaces and trail systems of Edmonton’s River Valley. The suite mix consists of well-appointed bachelor, one-and two-bedroom units, many of which have undergone recent upgrades. Professionally managed and meticulously maintained, the Property has seen over $680,000 in capital improvements, since 2016, including suite optimization and roof replacement. Edmonton’s multifamily market continues to attract institutional and private investors, underpinned by strong fundamentals and sustained rental demand. Valley Ridge Tower represents a premiere acquisition for investors looking to establish or expand their presence in a high-demand, central location with a high-quality, non-combustible asset.

FOR SALE DETAILS

PRICE

$8,085,000 CAD

PRICE/SF

$171 CAD /SF

# OF UNITS

49

PRICE/UNIT

$165,000

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valley Ridge Tower

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

1972

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,968 SF

ZONING

HDR

APN/PARCEL ID

3130507

ASK ABOUT THIS PROPERTY

Bradyn ArthInstitutional Property AdvisorsMore Info
780-982-3848

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Bradyn ArthInstitutional Property AdvisorsMore Info
780-982-3848

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