Pre-Construction 14-Unit Building in Edmonton
Edmonton
Central McDougall
$3,949,998
10804 107 Street
1571 sq ft
I’m excited to present an exclusive pre-construction investment opportunity in Edmonton’s rapidly growing multi-family market. This 14-unit building, located at 10804 107 Street, offers both excellent rental potential and significant long-term value.
Property Overview:
- Price: $3,950,000
- Appraised Value: $4,250,000
Unit Breakdown:
- (7) 3-Storey Suites – Ranging from 1,545 to 1,571 sq ft
- Rent: $2,700/month
- (7) Basement Bachelor Suites – Ranging from 525 to 583 sq ft
- Rent: $1,300/month
Investment Highlights:
- Appreciation Potential: With an appraised value of $4,250,000, this property already presents built-in equity.
- Steady Cash Flow: The unit mix offers strong rental income potential, with larger 3-storey suites and highly marketable bachelor suites to attract a range of tenants.
- Pre-Construction Advantage: Secure this project before completion and take advantage of a potentially lower acquisition price while customizing to meet your investment goals.
Included with the Property:
- Architectural Drawings
- Full Evaluation Report
These documents are attached for your review and provide additional insight into the development potential of this property.
Why This Investment?
Located in a high-demand rental area of Edmonton, this property is strategically positioned to provide excellent rental income and long-term appreciation. With market rents averaging $2,700 for the 3-storey suites and $1,300 for the bachelor suites, this project offers strong cash flow potential.
If you’re interested in learning more or would like to review the architectural drawings and evaluation, please respond directly to this email. This is a rare opportunity to secure a high-value asset at pre-construction pricing.