Property Details

Address: 4608 - 118 Avenue, Edmonton, AB
Status: For Sale
Price: $2,070,000
Price Per Door: $115,000
No. of Units: 18
Cap Rate: 4.58%

Building Attributes: 

Lou Manor is an eighteen suite apartment building located at 4608 – 118 Avenue in
Edmonton, Alberta in the neighborhood of Beacon Heights. It is a two and a half storey,
walk-up, wood-frame construction building with balconies. It was built in 1970. Parking is
surface and paved.
The suite mix is 1 bachelor suite, 11 one-bedroom suites and 6 two-bedroom suites.
Six suites have been completely renovated, including new bathrooms, countertops,
cabinets, and sinks. Patio doors have also been upgraded. The roof was redone
approximately eleven years ago.
Overall, Lou Manor is a very well kept building.

Location: 

Beacon Heights is a residential neighborhood in Edmonton, Alberta. It is bounded by
122nd Avenue, 118th Avenue, 50th Street, and 34th Street. Surrounding neighborhoods
include Beverly Heights, Rundle Heights, Abbottsfield, Bergman, and Newton.
According to Edmonton’s 2016 Municipal Census, the population of Beacon Heights is
approximately 2,887 residents.
There is commercial development along parts of 118th Avenue and 34th Street, including
a Walmart Supercenter, No Frills Grocery Store, Safeway, Dairy Queen, Boston Pizza,
and Tim Hortons.
Yellowhead Trail is in proximity to Beacon Heights and provides access to the Anthony
Henday and Fort Road. 118th Avenue provides access to Northlands Ice Coliseum and
Edmonton EXPO Centre.
The Edmonton River Valley is also in proximity to the neighborhood with access points in
Rundle Park.

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