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Valley Ridge Tower 9830 105th St NW 49 Unit Apartment Building $8,085,000 CAD ($165,000 CAD/Unit) Edmonton, AB T5K 0E7
INVESTMENT HIGHLIGHTS
- Well-Maintained with Upside Potential: Over $680K in capital improvements, with future upside opportunities.
- Prime Urban Location: Nestled on the edge of Downtown Edmonton and the river, with walkable amenities and excellent transit access.
- Established Operations with Stable Cash Flow: Institutionally managed for over a decade with 98% occupancy as of May 2025.
- Attractive & Growing Major Market: Edmonton’s strong in-migration, tightening vacancies, and projected 30% population growth support rental demand.
EXECUTIVE SUMMARY
Institutional Property Advisors, a division of Marcus & Millichap, is pleased to present Valley Ridge Tower, a seven-storey, concrete, multifamily investment opportunity comprising 49 suites (the “Property”).
Perched along the edge of Edmonton’s scenic River Valley, Valley Ridge Tower enjoys a strategic position within downtown Edmonton, with immediate proximity to the city’s
Financial District, Government District, entertainment and dining nodes, and the ICE District, all without sacrificing access to the green spaces and trail systems of Edmonton’s River Valley.
The suite mix consists of well-appointed bachelor, one-and two-bedroom units, many of which have undergone recent upgrades. Professionally managed and meticulously
maintained, the Property has seen over $680,000 in capital improvements, since 2016, including suite optimization and roof replacement.
Edmonton’s multifamily market continues to attract institutional and private investors, underpinned by strong fundamentals and sustained rental demand. Valley Ridge Tower represents a premiere acquisition for investors looking to establish or expand their presence in a high-demand, central location with a high-quality, non-combustible asset.
Perched along the edge of Edmonton’s scenic River Valley, Valley Ridge Tower enjoys a strategic position within downtown Edmonton, with immediate proximity to the city’s
Financial District, Government District, entertainment and dining nodes, and the ICE District, all without sacrificing access to the green spaces and trail systems of Edmonton’s River Valley.
The suite mix consists of well-appointed bachelor, one-and two-bedroom units, many of which have undergone recent upgrades. Professionally managed and meticulously
maintained, the Property has seen over $680,000 in capital improvements, since 2016, including suite optimization and roof replacement.
Edmonton’s multifamily market continues to attract institutional and private investors, underpinned by strong fundamentals and sustained rental demand. Valley Ridge Tower represents a premiere acquisition for investors looking to establish or expand their presence in a high-demand, central location with a high-quality, non-combustible asset.
PROPERTY FACTS Under Contract
| Price | $8,085,000 CAD | Building Class | C |
| Price Per Unit | $165,000 CAD | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 47,269 SF |
| No. Units | 49 | Average Occupancy | 98% |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 1972 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.36/1,000 SF |
| Zoning | HDR - High Density Residential Zone | ||
| Price | $8,085,000 CAD |
| Price Per Unit | $165,000 CAD |
| Sale Type | Investment |
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 47,269 SF |
| Average Occupancy | 98% |
| No. Stories | 7 |
| Year Built | 1972 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | HDR - High Density Residential Zone |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Carpet
- Freezer
- Intercom
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Elevator
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | 311 |
| 1+1 | 24 | - | 473 |
| 2+1 | 13 | - | 707 - 861 |
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Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (83)
CONTACTS
-
Bradyn Arth -
Bradley Gingerich -
Paul Chaput -
Jane Pascal -
Nicholas Cryans -
Isabelle Milligan -
Marcus & Millichap
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Valley Ridge Tower | 9830 105th St NW
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