Multifamily in Alberta available for sale
71

Apartment Buildings for Sale in Alberta

Alberta Apartment Building for Sale

More details for 6 Noble Close, St. Albert, AB - Multifamily for Sale

Noble Greens Townhomes - 6 Noble Close

St. Albert, AB T8N 4C1

  • Multifamily for Sale
  • $19,350,000 CAD
  • 85,250 SF
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More details for 10339 106 St NW, Edmonton, AB - Multifamily for Sale

Jefferson Lofts - 10339 106 St NW

Edmonton, AB T5J 1H8

  • Office/Medical for Sale
  • $365,000 CAD
  • 880 SF
  • 1 Unit Available
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More details for 9028 Jasper Ave NW, Edmonton, AB - Multifamily for Sale

9028 Jasper Ave NW

Edmonton, AB T5H 3Y6

  • Retail for Sale
  • $640,000 CAD
  • 1,787 SF
  • 1 Unit Available
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More details for Hargate Commercial Condos – Retail for Sale, Edmonton, AB

Hargate Commercial Condos

  • Multifamily for Sale
  • $1,747,000 CAD
  • 8,516 SF
  • 3 Multifamily Properties
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More details for 718 25 NW st, Calgary, AB - Multifamily for Sale

718 25 NW st

Calgary, AB T2N 0X6

  • Multifamily for Sale
  • $3,000,000 CAD
  • 2,614 SF
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More details for 4504 56A Av, Lloydminster, AB - Multifamily for Sale

4504 56A Av

Lloydminster, AB T9V 1A1

  • Multifamily for Sale
  • $949,900 CAD
  • 3,600 SF
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More details for 8720 Franklin Ave, Wood Buffalo, AB - Multifamily for Sale

8720 Franklin Ave

Wood Buffalo, AB T9H 3K8

  • Multifamily for Sale
  • $12,200,000 CAD
  • 66,000 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Smoke Detector

Wood Buffalo Multifamily for Sale

Franklin Place presents a compelling turnkey investment opportunity in the heart of Fort McMurray, Alberta’s energy capital. This fully renovated mixed-use property features 44 residential units and 12 commercial bays totaling 16,837 square feet of retail and office space. With 100% occupancy across both components, the asset delivers immediate in-place cash flow and long-term upside potential. The residential suite mix includes bachelor, one-bedroom, and bi-level two-bedroom units, with shared laundry, large balconies, in-suite storage, and 9-foot ceilings. Commercial tenants benefit from air-conditioned bays and high visibility along Franklin Avenue, the city’s primary commercial corridor. The building underwent extensive renovations in 2019, including new mechanicals, modernized interiors, updated roofing, and refreshed common areas, minimizing near-term capital requirements. Strategically located within walking distance of major amenities such as Walmart, Canadian Tire, and Northern Lights Regional Health Centre, the property offers direct access to Highway 63 and public transit routes. The surrounding neighborhood supports a stable tenant base of healthcare professionals, tradespeople, and students. Fort McMurray’s multifamily fundamentals are strong, with average household incomes nearing $189,000, a 4.9% annual population growth, and tightening rental vacancy rates. With residential rents currently averaging 20% below market, investors have a clear path to revenue growth through lease turnover and rate optimization.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2025-08-25

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More details for 613 3rd Ave NE, Calgary, AB - Multifamily for Sale

613 3rd Ave NE

Calgary, AB T2E 0H9

  • Multifamily for Sale
  • $2,850,000 CAD
  • 6,284 SF
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More details for 3210 Cornwall Dr, Athabasca, AB - Multifamily for Sale

3210 Cornwall Dr

Athabasca, AB T9S 1P3

  • Multifamily for Sale
  • $9,360,000 CAD
  • 78,000 SF
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More details for 1334-1340 12 Ave SW, Calgary, AB - Multifamily for Sale

The Ravenwood - 1334-1340 12 Ave SW

Calgary, AB T3C 3R9

  • Retail for Sale
  • $620,000 CAD
  • 938 SF
  • 1 Unit Available
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More details for 248 Edwards Dr SW, Edmonton, AB - Multifamily for Sale

Edwards Drive Townhomes - 248 Edwards Dr SW

Edmonton, AB T6X 0R1

  • Multifamily for Sale
  • $12,750,000 CAD
  • 64,480 SF
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More details for 10309 107 St NW, Edmonton, AB - Multifamily for Sale

Seventh Street Lofts - 10309 107 St NW

Edmonton, AB T5J 1K3

  • Office/Retail for Sale
  • $875,000 CAD
  • 2,700 SF
  • 1 Unit Available
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More details for 505 Railway St W, Cochrane, AB - Multifamily for Sale

505 Railway St W

Cochrane, AB T4C 0A4

  • Office for Sale
  • $320,000 CAD
  • 720 SF
  • 1 Unit Available
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More details for 100 Jordan Pk, Red Deer, AB - Multifamily for Sale

HighPark - 100 Jordan Pk

Red Deer, AB T4P 0B6

  • Multifamily for Sale
  • $10,974,000 CAD
  • 55,000 SF
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More details for Point Mckay Gardens Northwest Calgary – Multifamily for Sale, Calgary, AB

Point Mckay Gardens Northwest Calgary

  • Multifamily for Sale
  • $3,200,000 CAD
  • 6,800 SF
  • 4 Multifamily Properties
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More details for 9825 82 Av NW, Edmonton, AB - Multifamily for Sale

The Spanish Monarch - 9825 82 Av NW

Edmonton, AB T6E 1Y7

  • Multifamily for Sale
  • Price Upon Request
  • 27,343 SF
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More details for Creekside Estate, Red Deer, AB - Multifamily for Sale

Creekside Mobile Home Park - Creekside Estate

Red Deer, AB T4N 4E8

  • Multifamily for Sale
  • Price Upon Request
  • 1,004 SF
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More details for 9542 142 St, Edmonton, AB - Multifamily for Sale

The Residences - 9542 142 St

Edmonton, AB T5N 2M9

  • Multifamily for Sale
  • Price Upon Request
  • 9,449 SF
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