Property Details

Address: 5607, 5615 - 118 Avenue, Edmonton, AB
Status: For Sale
Price: $2,700,000
Price Per Door: $112,500
No. of Units: 24
Cap Rate: 4.91%

Portfolio Numbers
Portfolio List Price: $2,700,000


Price Per Door: $112,500


Portfolio CAP Rate: 4.91%


Portfolio Site Area: 34,562 Sq. Ft.

Property #1

Mount Royal A is a twelve suite apartment building located at 5607 - 118 Avenue Edmonton, Alberta, in the neighbourhood of Highlands.

It is a two and a half storey walk-up, wood-frame construction building without balconies. It was built in 1954. Parking is surface and gravel.

All twelve suites are condos, and are seperately titled. The suite mix is 6 one-bedroom suites and 6 two-bedroom suites.

In 2018, the roof was replaced with a new SBS roofing system.

Property #2

Mount Royal B is a twelve suite apartment building located at 5615 - 118 Avenue Edmonton, Alberta, in the neighbourhood of Highlands.

It is a two and a half storey walk-up, wood-frame construction building without balconies. It was built in 1954. Parking is surface and gravel.

All twelve suites are condos, and are seperately titled. The suite mix is 6 one-bedroom suites and 6 two-bedroom suites.

In 2018, the roof was replaced with a new SBS roofing system.

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