Property Details

Address: 10734 – 108 Street, Edmonton, AB
Status: For Sale
Price: $1,100,000
Price Per Door: $122,222
No. of Units: 9
Cap Rate: 5.71%

Amenities

Almain Apartments is a nine suite apartment building located at 10734 - 108 Street in Edmonton, Alberta in the Central McDougall neighbourhood.

It is a two and a half storey low-rise, wood-frame construction building. It was built in 1959. Parking is surface and paved, with a single car garage on-site also.

The suite mix is 7 one-bedroom suites and 2 two-bedroom suites.

Location

Central McDougall is a residential and commercial neighbourhood in Edmonton, Alberta. It 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 neighbourhood. Surrounding neighbourhoods 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 gives residents access to Edmonton’s Light Rail and transit systems.

Royal Alexandra Hospital is located in the north east corner of the neighbourhood. 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 neighbourhood. 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 north of the neighbourhood offering over 200 stores and services. Downtown and Oliver offer shopping, restaurants and entertainment in proximity to Central McDougall.

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