Property Details

Address: 10025 - 85 Avenue, Edmonton, AB
Status: For Sale
Price: $3,006,000
Price Per Door: $167,000
No. of Units: 18
Cap Rate: 5.43%

Edward Manor is an eighteen suite apartment building located at 10025 - 85 Avenue in Edmonton, Alberta, in the Strathcona neighbourhood.

It is a two and a half storey low-rise, wood-frame construction building with balconies. It was built in 1969. Parking is surface and paved.

A new roof was installed in 2004, and a new boiler was installed in 2015. New fiberglass balconies, new windows, completely repaved parking lot. Several of the suites have been extensively renovated!

Located across the street from the Academy at King Edward (Grade 2-12). The street and sidewalk are newly replaced July 2020.

Neighbourhood

Strathcona is a primarily residential neighborhood in Edmonton, Alberta. It is bounded by Mill Creek Ravine, the North Saskatchewan River, Whyte Avenue (82nd Avenue) and 107th Street.

Surrounding neighborhoods include Garneau, Queen Alexandra and Bonnie Doon.

According to Edmonton’s 2016 Municipal Census, the population of Strathcona is approximately 8,973 residents.

Whyte Avenue (82nd Avenue) and Old Strathcona are considered the entertainment and arts hub of Edmonton with an “old town” feel and rich array of boutiques, shops, restaurants and bars, as well as almost-weekly festivals and events in the summer.

There are multiple parks in the community, and Strathcona bounds the Edmonton River Valley and is close to the Muttart Conservatory, University of Alberta, and Downtown.

Interested in this Property?

Contact the David G. Parker Team Today