Property Details

Address: 6110 - 118 Avenue, Edmonton, AB
Status: For Sale
Price: $1,500,000
Price Per Door: $125,000
No. of Units: 12
Cap Rate: 6.02%

Balcony Apartments is a twelve suite apartment building located at 6110 - 118 Avenue in Edmonton, Alberta, in the Montrose neighbourhood.

It is a two and a half storey low-rise, wood-frame construction building with balconies. It was built in 1959. Parking is surface and paved.

The suite mix is 6 one-bedroom suites and 6 two-bedroom suites.

Majority of units have been renovated with contemporary design elements. The bathrooms have been upgraded with marble-like tile throughout, contemporary bathroom vanities and laminate flooring. The kitchens have new white subway tiles, laminate flooring, new countertops and light fixtures. Entire suites have been freshly painted, with new laminate flooring throughout the suites.

Additional renovations and upgrades include:
2013 - Asphalt shingle roof replacement
2018 - New stair railings, new aluminum balcony railings, and decking
2020 - New commercial soffit, gutters, and downspouts
2021 - New carpet in hallways, stairs, and landings
2022 - Updated life safety systems

Interested in this Property?

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