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10740 109th St NW
Edmonton, AB T5H 3B6
Millennium Manor · Multifamily Property For Sale
·
30 Units
INVESTMENT HIGHLIGHTS
- Renovated units with in-suite laundry in nine suites
- Keyless fob entry and dual-entry security camera system
- Future LRT line within walking distance enhances transit access
- Three penthouse units with private rooftop balconies
- Located near ICE District, Kingsway Mall, and MacEwan University
- All windows scheduled for replacement by August 2025
EXECUTIVE SUMMARY
Millennium Manor presents a compelling multifamily investment opportunity in Edmonton’s Queen Mary Park neighborhood, just north of the downtown core. This 30-unit wood-frame walk-up was constructed in 1972 and offers a balanced suite mix of bachelor, one-bedroom, two-bedroom, and three penthouse units with expansive rooftop balconies. The property sits on a 27,641 SF corner lot with excellent accessibility and includes 30 surface parking stalls, providing a 1:1 parking ratio.
Recent renovations have modernized several units with upgraded flooring, cabinetry, and in-suite laundry in nine units. All windows—suite and common area—are scheduled for replacement by August 2025. Security enhancements include keyless fob entry and surveillance cameras at both entrances, while a water usage monitoring system adds operational efficiency.
Located within walking distance of MacEwan University, NAIT, Kingsway Mall, and the ICE District, the property benefits from strong tenant demand driven by proximity to educational institutions, employment hubs, and retail amenities. The future LRT line along 104th Avenue will further enhance transit connectivity. With a 2KM radius population of over 62,000 and 73.6% renter occupancy, Millennium Manor is well-positioned for stable income and long-term appreciation.
Recent renovations have modernized several units with upgraded flooring, cabinetry, and in-suite laundry in nine units. All windows—suite and common area—are scheduled for replacement by August 2025. Security enhancements include keyless fob entry and surveillance cameras at both entrances, while a water usage monitoring system adds operational efficiency.
Located within walking distance of MacEwan University, NAIT, Kingsway Mall, and the ICE District, the property benefits from strong tenant demand driven by proximity to educational institutions, employment hubs, and retail amenities. The future LRT line along 104th Avenue will further enhance transit connectivity. With a 2KM radius population of over 62,000 and 73.6% renter occupancy, Millennium Manor is well-positioned for stable income and long-term appreciation.
PROPERTY FACTS Under Contract
| Price Per Unit | $166,667 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 30 | Building Size | 33,872 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1980 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.73/1,000 SF |
| Zoning | DC2 - Site Specific Development Control Provision (DC2) | ||
| Price Per Unit | $166,667 CAD |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.04 AC |
| Building Size | 33,872 SF |
| No. Stories | 4 |
| Year Built | 1980 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | DC2 - Site Specific Development Control Provision (DC2) |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Storage Space
- Key Fob Entry
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | - |
| 1+1 | 11 | - | - |
| 2+1 | 7 | - | - |
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