Property Details

Address: 10842 - 116 Street, Edmonton, AB
Status: For Sale
Price: $2,125,000
Price Per Door: $125,000
No. of Units: 17
Cap Rate: 5.27%

Amenities

Charles place is a seventeen suite apartment building located at 10842 - 116
Street in Edmonton, Alberta, in the neighbourhood of Queen Mary Park. It is a
two and a half storey, walk-up, wood-frame construction building with balconies.
It was built in 1972, with paved surface parking.
Upgrades to the building include new carpet in common areas, refurbished decks,
power outlets for parking stalls, exterior paint, new storage shed, fencing, smoke
detectors, and emergency and security lighting.
The roof has been certified by insurance, the furnace has been updated , and the
hot water tank is three years old.

Location

Queen Mary Park is a residential neighbourhood in Edmonton, Alberta. It
is located just north of Edmonton’s downtown sector, and is bounded by
111th Avenue, 105th Avenue, 121st Street and 109th Street. Surrounding
neighbourhoods include Westmount, Oliver and Downtown.
Accourding to the 2012 municipal census, the population of Queen Mary Park
is approximately 7,385 residents.
Queen Mary Park is centrally located near NAIT, MacEwan University,
Kingsway Mall, Roger’s Place, Oliver Square and the newly constructed
Brewery District. It is wihin easy access of restaurants, retail shopping,
grocery stores, as well as Edmonton’s arts and sports culture. Oliver Square
includes a Loblaws, safeway, MEC, London drugs, and Staples.

Interested in this Property?

Contact the David G. Parker Team Today