Courtesy Of Sean Gerke Of Century 21 All Stars Realty Ltd

10729 108 St Nw, Edmonton, AB

$2,850,000

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16,652

Square feet

About 10729 108 St Nw

Assumable Mortgage 2.35% | Creative financing will be considered | Exciting investment opportunity in downtown Edmonton! This commercial multi-family apartment is perfect for both entry-level and seasoned investors. With 16 one-bedroom units, 3 two-bedroom units, and 5 bachelor units, this property offers a diverse range of living options. Fully occupied with no vacancy, it guarantees immediate cash flow and boasts a high cap rate. Zoned as R8A, it offers flexibility for expansion and development. Built in 1963 on a 15,000+/- sq.ft. RA8-zoned lot, it provides ample parking. Close to Rogers Arena, Grant MacEwan, Royal Alex Hospital, Kingsway Mall, and downtown. Access to LRT. Upgrades include a 2010 SBS Membrane Roof, energy-efficient systems, and eco-conscious fittings. Low and varied rental rates allow for potential increase. All proposals are welcome. *Please do not approach tenants*

Features of 10729 108 St Nw

MLS® # E4347122
Price $2,850,000
Square Footage 16,652
Acres 0.00
Year Built 1963
Type Multi-Family Commercial

Community Information

Address 10729 108 St Nw
Area Edmonton
Subdivision Central Mcdougall
City Edmonton
Province AB
Postal Code T5H 3A4

Amenities

Parking Spaces 22
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Has Basement No

Exterior

Construction Wood Frame

Additional Information

Date Listed June 24th, 2023
Zoning RA8
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Sean Gerke Of Century 21 All Stars Realty Ltd

Listing Map

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