Property Details

Address: 10617 - 106 Street, Edmonton, AB
Status: For Sale
Price: $2,300,000
Price Per Door: $115,000
No. of Units: 20
Cap Rate: 5.67%

Curium Place is a twenty suite apartment building located at 10617 - 106 Street in Edmonton, Alberta in the Central McDougall neighbourhood.

It is a two and a half storey low-rise, wood-frame construction building with balconies. It was built in 1971. Parking is surface and paved.

The suite mix is 14 one-bedroom suites, and 6 two-bedroom suites.

Neighbourhood

Central McDougall is a mixed residential and commercial neighborhood in Edmonton, Alberta. The neighborhood is bounded by 111th Avenue, 105th Avenue, 101st Street and 109th Street. Kingsway Avenue and 109th Street are two major roadways that run through the neighborhood. Surrounding neighborhoods include Queen Mary Park, McCauley, Downtown and Oliver. According to Edmonton’s 2016 Municipal Census, the population of Central McDougall is approximately 4,911 residents.

The Kingsway/Royal Alex LRT station is located in Central McDougall, giving access to Edmonton’s Light Rail and transit systems. Royal Alexandra Hospital is located in the north east corner of the neighborhood. It is home to the Eye Institute of Alberta, the Lois Hole Hospital for Women and other specialized medical centers.

MacEwan University and NAIT are two of Edmonton’s post-secondary institutions located in proximity to the neighborhood. The Victoria School of Performing and Visual Arts offers an art-focused education for students from kindergarten through grade 12 and is located in Central McDougall.

Kingsway Mall is located to the north of the neighborhood and anchor tenants include Hudson’s Bay and Sport Chek and over 200 other stores and services and Downtown and Oliver offer shopping, restaurants and entertainment in Central McDougall.

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