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22636 - 22680 80 Ave NW, Edmonton, Alberta, T5T 7R8

MLS® # 45559855
Investment For Sale In Rosenthal, Edmonton, Alberta
$9,200,000
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
22636 - 22680 80 Ave Nw, Edmonton, AB
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MULTIMEDIA

22636 - 22680 80 Ave NW, Edmonton, Alberta, T5T 7R8
$9,200,000

Property Information:

A rare opportunity to acquire a turnkey 36-unit rental portfolio in Rosenthal, combining the scale of multifamily with the flexibility of individually titled real estate. Completed in 2023, this contiguous portfolio consists of 12 single-family homes, each purpose-built with three income streams: a 1,292 sqft 3BR / 2.5BA main suite, a legal 527 sqft 1BR / 1BA basement suite, and a legal 504 sqft 1BR / 1BA garage suite above the double detached garage. Modern finishes include quartz countertops, stainless steel appliances and separate laundry in each of the suites. Each property also enjoys its own fenced yard. Professionally managed with fixed-term leases and additional rental upside, this is a newer, performing asset designed for long-term ownership. The 12 individual titles create something conventional multifamily cannot easily replicate: the ability to hold the portfolio as one income-producing asset while maintaining future flexibility to sell individual properties. Located near schools, the future Lewis Farms Rec Center, Costco, River Cree Resort and Casino, and the major employment hub of Acheson. (id:27)

Building Features:

  • Floor Space: 21552 sqft

Property Features:

  • Property Type: Multi-family
  • Built in: 2022
  • Floor Space (approx): 21552 Square Feet
  • Irregular: Yes
  • Lot Size: 33105.60 Square Feet
  • No. of Parking Spaces: 48

Courtesy of: Professional Realty Group, Real Broker

REALTOR.ca  

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Market Price Trends

Single family detached

7.26%

Price change (1 year)

26.97%

Price change (5 years)

All Properties

7.17%

Price change (1 year)

26.11%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 22636 - 22680 80 Ave NW, Edmonton, Alberta, T5T 7R8

Demographic Information of 22636 - 22680 80 Ave NW, Edmonton, Alberta, T5T 7R8

Life Stage

Young Families

Employment Type

Mixed

Average Household Income

$136,885.61

Average Number of Children

1.90

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.08 %

High school certificate or equivalent

30.02 %

Apprenticeship trade certificate/diploma

4.56 %

College/non-university certificate

18.86 %

University certificate (below bachelor)

5.67 %

University Degree

32.82 %

Commuter

Travel To Work

By Car

91.24 %

By Public Transit

4.98 %

By Walking

0.03 %

By Bicycle

0.0 %

By Other Methods

3.75 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.86 %

Houses

92.14 %

Own Vs. Rent

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