Property Details

Address: 10332 - 114 Street, Edmonton, AB
Status: For Sale
Price: $1,080,000
Price Per Door: $135,000
No. of Units: 8
Cap Rate: 7.42%

Building and Site Info

This is an eight suite apartment building located at 10332 - 114 Street in Edmonton,
Alberta, in the neighbourhood of Oliver. It is a two and a half storey walk-up,
wood-frame construction building with balconies. It was built in 1968. Parking is
surface and paved.
The suite mix is 5 One-Bedroom suites and 3 Two-Bedroom suites.

 

Neighbourhood 

Oliver is one of the oldest residential neighborhoods in Edmonton, Alberta.
The neighborhood is bordered by 109th Street, 104th Avenue, 124th Street,
and the Edmonton River Valley. Jasper Avenue is one of Edmonton’s major
roads and runs east-west through Oliver.
According to Edmonton’s 2016 Municipal Census, the population of Oliver is
approximately 18,123 residents.
Oliver is located immediately to the west of the downtown core and the
High-Level Bridge and Groat Bridge give residents access to the south side
of the river valley, including the University of Alberta, Whyte Avenue, and
Old Strathcona.
There is significant commercial development in Oliver, including Oliver
Square, which includes a Safeway, London Drugs, Staples, MEC, Winners,
Starbucks, and McDonalds.

Interested in this Property?

Contact the David G. Parker Team Today