Property Details

Address: 10923 - 124 Street, Edmonton, AB
Status: For Sale
Price: $1,165,000
Price Per Door: $116,500
No. of Units: 10
Cap Rate: 6.70%

Building & Site Info 

Campbelltown Apartments is a ten suite apartment building located at 10923 -
124 Street in Edmonton, Alberta, in the neighbourhood of Westmount.
It is a two and a half storey walk-up, wood-frame construction building with no
balconies. It was built in 1950. Parking is surface and paved.
The suite mix is 4 One-Bedroom suites and 6 Two-Bedroom suites.

 

Neighbourhood 

Westmount is a mature residential neighborhood in west-central Edmonton,
Alberta. It is bounded by 111th Avenue, Groat Road, 124th Street, and 121st
Street. The last leg of Stony Plain Road runs through the southern portion of
the neighborhood.
Surrounding neighborhoods include Glenora, Oliver, Queen Mary Park, and
Inglewood. Downtown is within a fifteen-minute drive.
According to Edmonton’s 2016 Municipal Census, the population of Westmount
is approximately 5,887 residents.
124th Street has been developed as a commercial strip and includes multiple
restaurants and small businesses. Oliver Square is in proximity to Westmount
where Stony Plain Road becomes 104th Avenue. It includes a MEC, Goodlife
Fitness, Staples, London Drugs, Safeway, and Loblaws, as well as chain
restaurants.
Westmount is in proximity to Kingsway Mall, Downtown, MacEwan University,
the TELUS World of Science and Rogers Place. Edmonton’s River Valley,
including Hawrelak Park, Kinsmen Park and MacKinnon Ravine Park are
located to the south of the neighborhood.

Interested in this Property?

Contact the David G. Parker Team Today