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 Beacon Heights neighbourhood.

It is a two and a half storey low-rise, 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.

Recent Renovations: 

  • Complete Suite Renovation
  • New Hot Water Tank
  • New Front Entrance with Gable Roof & Custom Railings
  • New ‘Lou Manor’ Sign & Sign Foundation
  • New Intercom System
  • Updated Common Areas & Entrances
  • Replaced Exterior & Hallway Light Fixtures with LED Fixtures.

Neighbourhood: 

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.

Interested in this Property?

Contact the David G. Parker Team Today