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Executive Summary

This well-maintained 20-suite apartment building offers a true turnkey opportunity in a highly desirable central location. The property was largely renovated prior to the current owner’s acquisition and has since been further refined, resulting in a clean, modern, and cohesive asset. Pride of ownership is evident throughout the building.
Suites and common areas feature attractive finishes that resonate with today’s renters, while recent improvements mean minimal near-term capital requirements. The building also includes upgraded fire protection systems, complementing its overall quality and professional standard.
Located in Queen Mary Park, the property combines strong renter appeal with straightforward ownership. Its condition, location, and presentation make it well suited for investors seeking a stable, easy-to-manage apartment asset in Edmonton’s urban core.

Property Facts

Price $3,750,000 CAD
Price Per Unit $187,500 CAD
Sale Type Investment
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.03 AC
Building Size 17,202 SF
No. Stories 3
Year Built 1967
Parking Ratio 0.58/1,000 SF
Zoning RA8

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -
2+2 9 - -
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39769611

  • Date on Market: 2026-03-13

  • Last Updated:

  • Address: 10629 114th St NW, Edmonton, AB T5H 3J8

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