Property Details

Address: University Avenue & 114 Street, Edmonton, AB
Status: For Sale
Price: $53,000,000
Price Per Door: $339,743
No. of Units: 156

Proposed Building and Site Info - McKernan Gates

Address: University Avenue & 114 Street
City: Edmonton
Neighborhood: McKernan
Category: Multi-Family
Use: Walk-Up
Zone: DC2
Year Built: 2019 (proposed)
Site Area: 0.32 Ha
Levels: 6
Parking: 168 Stalls
Balconies: Yes
Suites: 156
Suite Mix: 79 One-Bedroom Suites
                        66 Two-Bedroom Suites
                        9 Three-Bedroom Suites
                        2 Commercial Units

Location: 

McKernan is a residential neighborhood in Edmonton, Alberta. It is bounded by University Avenue/82nd Avenue, 109th Street, 72nd Avenue, and 114th Street. Surrounding neighborhoods include Belgravia, Garneau, Queen Alexandra and Parkallen.
According to the 2016 Edmonton Municipal Census, the population of McKernan is approximately 2,455 residents.
The University of Alberta is located just north of the neighborhood and includes the University of Alberta Hospital and the Stollery Children’s Hospital.
The North Alberta Jubilee Auditorium and Hawrelak Park are also located in proximity to McKernan. Whyte Avenue (82nd Avenue) starts at the northern end of McKernan and along with Old Strathcona is 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.
Edmonton’s Downtown and access to the Edmonton River Valley, Rogers Place, and Jasper Avenue is approximately a ten-minute drive.
Southgate Centre is approximately a ten-minute drive south of McKernan. Anchor tenants include Hudson’s Bay and Crate & Barrel and over 160 stores and services.
McKernan is served by the McKernan/Belgravia LRT station. Major roads within approximately a fifteen-minute drive include Whitemud Drive and 75th Street.
There is one Kindergarten to Grade 9 school in the neighborhood, McKernan School, which offers both English and French immersion, as well as a Spanish bilingual program from Grades 7 to 9.

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