Property Details

Address: 6424 - 106 Street, Edmonton, AB
Status: For Sale
Price: $875,000
Price Per Door: $218,750
No. of Units: 4
Cap Rate: 4.83%

Amenities

6424 – 106 Street is located in Edmonton, Alberta in the neighborhood of Allendale. It is a
two storey, wood-frame construction 4-Plex with balconies. It was built in 1972. The suite
mix is 1 two-bedroom suite and 3 three-bedroom suites.
There are 6 parking stalls at the back of the building.
A new boiler was put in the building in 2014 by CP Mechanical and has a three year
warranty. The roof was refinished in July 2014 by Mutual Roofing Canada with a five year
warranty. The lifetime of the roof is estimated at thirty years. Suites 2 and 4 have been
renovated. Trees have also been removed from the lot.
According to notices provided by the City of Edmonton, new sidewalks along 106 Street
will be laid in the spring of 2018.

Location 

Allendale is a residential neighborhood in Edmonton, Alberta. It is bounded by 104
Street (Calgary Trail), 61 Avenue, 109 Street and 70 Avenue. Surrounding
neighborhoods include Parkallen, Queen Alexandra, and Martin Estate. Calgary Trail
is a major roadway that runs south through the city and connects to Whitemud Drive
and Highway 2.
Allendale is approximately 6-minutes south of Whyte Avenue and Old Strathcona,
which are considered the entertainment and arts hub of Edmonton with an “old town”
feel and rich array of boutiques, shops, restaurants and bars, as well as almost-weekly
festivals and events in the summer.
Southgate Centre, The University of Alberta and the Edmonton River Valley are all
within proximity to the neighborhood.

Interested in this Property?

Contact the David G. Parker Team Today