Property Details

Address: 13620 - 119 Street, Edmonton, AB
Status: For Sale
Price: $3,120,000
Price Per Door: $130,000
No. of Units: 24
Cap Rate: 4.70%

Building Attributes: 

Parkview Apartments is a twenty-four suite apartment building located at 13620 – 119
Street in Edmonton, Alberta in the neighborhood of Kensington. It is a two and a half
storey, walk-up, wood-frame construction building with balconies. It was built in 1966.
Parking is surface and paved. The site is 0.8 acres.
The suite mix is 1 bachelor suite, 11 one-bedroom suites and 12 two-bedroom suites.
Upgrades include newer vinyl and stucco siding, newer windows, hot water tank, and
balconies. All the kitchen cabinets have been redone and the floors have been laid with
laminate. The hallway lighting is up to date.

Location: 

Kensington is a residential neighborhood in Edmonton, Alberta. It is bounded by 137th
Avenue, 132nd Avenue, 127th Street and 113a Street. Surrounding neighborhoods
include Calder, Athlone, Wellington, Carlisle, Rosslyn, and Lauderdale. Yellowhead
Trail, 137th Avenue, 97th Street, and St. Albert Trail are major roads within proximity
to the neighborhood.
According to the 2012 municipal census, Kensington has a population of 3,595
residents.
Kensington is in proximity to a strip of commercial development including White Oaks
Square, Kensington Crossing and North City Centre along 137thAvenue. Home Depot,
Staples, Best Buy, Real Canadian SuperStore, and The Keg are just a few of the
stores and restaurants within a five-minute drive of the neighborhood.
NAIT and Kingsway Mall are approximately a ten-minute drive. St. Albert is
approximately a fifteen-minute drive.

Interested in this Property?

Contact the David G. Parker Team Today