This building is a unique opportunity with mostly bachelors, a few one bedrooms and a single three-bedroom, built in 1979. It is currently owned and operated by a social agency that uses the three-bedroom as office and programming space. The vast majority of the tenants are independent and in many cases come with existing government supports.
This is an excellent opportunity for a hands-on owner to find excellent cashflow from a property just minutes from downtown, while also contributing to the urban social renewal of one of Edmonton’s oldest neighborhoods.
List Price | $1,760,000
Chris Davies, B. Sc., MCNE
VP | Multi-Family & Investment Sales
OFFICE: 780.757.1010
MOBILE: 780.905.7562
EMAIL: chris@rcedm.ca
Luke Gervais
Associate | Multi-Family & Investment Sales
OFFICE: 780.757.1010
MOBILE: 403.918.5000
EMAIL: luke@rcedm.ca