Property Details

Address: 9219 - 111 Avenue, Edmonton, AB
Status: For Sale
Price: $2,310,000
No. of Units: 20
Cap Rate: 5.66%

Vinton Building is a twenty suite mixed-use apartment building located at 9219 – 111 Avenue in Edmonton, Alberta. The building has easy access to transit and is a short distance away from the Commonwealth Stadium, Rogers Place, Kingsway Mall, and Downtown.

It is a three storey, steel and concrete block construction building with balconies. It was built in 1977. There are 30 parking stalls in an underground parkade and 11 surface parking stalls.

There is approximately 7,300 square feet of main floor retail space that is leased to various businesses, and 20 apartment suites on the second and third floors. The suite mix is 4 bachelor suites, 12 one-bedroom suites and 4 two-bedroom suites.

The boiler is original and recent upgrades include a new back-flow preventer, new hot water tank, and $30,000 spent on balconies in the last three years. Features also include 24 inch stoves, 12 cubic foot fridges, and a sprinkler system in the parkade. Washer and dryers are owner owned. There are also five H-VAC units in the building, three of which have been replaced.

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