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Investment Highlights

  • Located in downtown Edmonton.
  • Fully upgraded and well maintained.

Executive Summary

Rare Investment Opportunity in the Heart of Downtown Edmonton! This fully upgraded and meticulously maintained 21-unit rooming house offers a net annual profit of over $100K. A true standout in the city, the property features secure fob access, coin-operated laundry, four shared bathrooms (two per floor), and a professionally managed tenant base with long-term occupancy averaging 8 years. The basement includes in-floor heating, dedicated storage, a workshop, and an office area. Ownership includes the land, and with significant renovations already completed, this turnkey building is a low-maintenance, high-reward asset for any savvy investor.

Property Facts

Price $999,000 CAD
Price Per Unit $47,571 CAD
Sale Type Investment
No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 10,500 SF
No. Stories 2
Year Built 1980
Parking Ratio 0.19/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 21 - -
Exceptionally walkable
100/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
70/100
  • Listing ID: 39309992

  • Date on Market: 2026-02-03

  • Last Updated:

  • Address: 10732 96 St NW, Edmonton, AB T5H 2J6

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