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Investment Highlights

  • Durable Concrete Construction
  • Stabilized Asset with Strong Occupancy
  • Recent Capex Completed
  • Strong Amenity Offerings

Executive Summary

Constructed in 1981, the Property offers 64 suites with a mix of 2 bachelors, 51 one-bedrooms, 8 bi-level two-bedrooms, and 3 bi-level three-bedrooms. The Property’s concrete structure delivers a non-combustible, low-maintenance ownership profile with strong long-term capital performance. Unit interiors have been renovated to a modern, condo-quality standard, with updated finishes and in-suite laundry included in a majority of units.
Sitting on an 0.64-acre site, the 6-storey building includes private balconies, a fitness room, and fenced yards for the 12 ground floor suites. The Property offers a strong parking ratio of 0.97 stalls per suite, containing 41 secure underground stalls and 21 surface stalls

Property Facts

Price $13,440,000 CAD
Price Per Unit $210,000 CAD
Sale Type Investment
No. Units 64
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.64 AC
Building Size 47,705 SF
No. Stories 5
Year Built 1981
Parking Ratio 1.3/1,000 SF
Zoning RM h23

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Crown Molding
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Window Coverings

Site Amenities

  • Controlled Access
  • Fitness Center
  • Property Manager on Site
  • Security System
  • Video Patrol
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - 650
1+1 51 - 650
2+1 8 - 1,100
3+1 3 - 1,200
Moderately walkable
70/100
Moderately drivable
60/100
Strong public transit
80/100
Very bikeable
80/100
  • Listing ID: 41210531

  • Date on Market: 2026-07-08

  • Last Updated:

  • Address: 9342 103rd Ave NW, Edmonton, AB T5H 2B6

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