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Edwards Drive Townhomes 248 Edwards Dr SW 44 Unit Apartment Building $12,750,000 CAD ($289,773 CAD/Unit) 5.36% Cap Rate Edmonton, AB T6X 0R1
INVESTMENT HIGHLIGHTS
- Nearby public transit.
- Surface parking.
- Located off off 91 Street SW.
EXECUTIVE SUMMARY
Edwards Townhouses are located at 248 Edwards Drive in Edmonton, Alberta. It is a seven building townhouse complex with a total of 44 units. It was built between 2012-2014.
Each unit is two stories, with 3 bedrooms and 2.5 bathrooms. All units are above grade and there are no basements. Each unit has a single attached garage. The total square footage of each unit, excluding garage, is 1,183 square feet. 95 Total Parking Stalls. 3.17 Acre Site. The exterior involves primarily vinyl siding as well as stone detailing and asphalt shingles on peaked roofs. Additional site improvements include perimeter landscaping, walkways, fencing, curbing, and light poles.
Each unit is two stories, with 3 bedrooms and 2.5 bathrooms. All units are above grade and there are no basements. Each unit has a single attached garage. The total square footage of each unit, excluding garage, is 1,183 square feet. 95 Total Parking Stalls. 3.17 Acre Site. The exterior involves primarily vinyl siding as well as stone detailing and asphalt shingles on peaked roofs. Additional site improvements include perimeter landscaping, walkways, fencing, curbing, and light poles.
PROPERTY FACTS
| Price | $12,750,000 CAD | Apartment Style | Garden |
| Price Per Unit | $289,773 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 2.98 AC |
| Cap Rate | 5.36% | Building Size | 64,480 SF |
| No. Units | 44 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2012 |
| Property Subtype | Apartment | Parking Ratio | 2.39/1,000 SF |
| Zoning | DC2 | ||
| Price | $12,750,000 CAD |
| Price Per Unit | $289,773 CAD |
| Sale Type | Investment |
| Cap Rate | 5.36% |
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.98 AC |
| Building Size | 64,480 SF |
| No. Stories | 2 |
| Year Built | 2012 |
| Parking Ratio | 2.39/1,000 SF |
| Zoning | DC2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Yard
SITE AMENITIES
- Controlled Access
- Recycling
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 44 | - | - |
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Edwards Drive Townhomes | 248 Edwards Dr SW
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