$1,248,000

Sunrise Apartment Complex consists of two completely independent 4-plexes located in the Woodcroft neighbourhood. This low-density location is near transit, shopping malls, the river valley, and major arterial roads.

The first building was built in 1959, it has 1 one-bedroom suite and 3 two-bedroom suites. New flat roof, windows, stucco, hot water tank, and two furnaces. Unit three was completely renovated, it has a new kitchen, bathroom and flooring. Three out of the four bathrooms have brand new tubs/showers, toilets, and plumbing fixtures.

The second building was built in 1972, it contains 1 one-bedroom suite and 3 two-bedroom suites. It has an upgraded boiler, hot water tank, and it has 25-year shingles that were installed eight years ago. Unit A has new cabinetry, flooring, and paint. Unit B has new cabinetry and paint, as well as a new stove and fridge. Unit C has new flooring and paint, as well as a new stove. Unit D has new flooring and paint, as well as a new stove. Three out of the four bathrooms have brand new tubs/showers, toilets, and plumbing fixtures.

Each building has shared a laundry room with a new coin-operated washer and dryer. They are one and a half stories low-rise,  wood frame construction buildings. The parking for both buildings has nine stalls of gravel, surface parking with new electric service. The 0.7 acre lot that contains both buildings has large grassy areas, shared patio space, and a storage shed for the caretaker. Both buildings are easy to manage with the suites being occupied by long-term tenants.

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About the neighbourhood

Woodcroft is a mixed residential and commercial neighbourhood in Edmonton, Alberta. It is bounded by 118th Avenue, 142nd Avenue, 111th Avenue, and Groat Road. Surrounding neighbourhoods include McQueen, North Glenora, Westmount, Inglewood, and Dovercourt. Yellowhead Trail is located north of the neighbourhood.

According to Edmonton’s 2016 Municipal Census, the population of Woodcroft is approximately 2,144 residents.

Coronation Park is a large park located at the south-west corner of the neighbourhood that also includes the Telus World of Science, an educational science centre. Westmount Centre is located in the south-east corner of Woodcroft and includes a Safeway, Shoppers Drug Mart, Home Depot, Walmart, and Boston Pizza.