Property Details

Address: 10021 - 154 Street, Edmonton, AB
Status: For Sale
Price: $990,000
Price Per Door: $110,000
No. of Units: 9
Cap Rate: 5.65%

Amenities

Montrose Place is a nine suite apartment building located at 10021 – 154 Street in Edmonton, Alberta in the neighborhood of West Jasper Place. It is a two and a half storey, walk-up, wood-frame construction building with balconies. It was built in 1964. There are nine surface, gravel parking stalls.

The suite mix is 9 one-bedroom suites.

Upgrades to the building include a new roof in 2015, as well as new balcony railings. Some interior suites have also been renovated as the tenants vacate with paint, flooring, appliances and bathroom upgrades.

 

Location

West Jasper Place is a neighborhood in west-central Edmonton, Alberta. It is bounded by 149th Street, 156th Street, Stony Plain Road, and 95th Avenue.

Surrounding neighborhoods include Canora, Britannia Youngstown, Elmwood and Glenwood.

According to Edmonton’s 2016 Municipal Census, the population of West Jasper Place is approximately 3,068 residents.

The majority of the neighborhood is residential with some commercial development providing access to amenities, including a Safeway, London Drugs, Starbucks, and TD Bank.

There is one park, Arthur Elliot Park, located between 96th Avenue and 97th Avenue. And bike trails to Edmonton’s River Valley are just off of 149th Street and Stony Plain Road.

Interested in this Property?

Contact the David G. Parker Team Today