86 St Nw, Edmonton, AB T5B 3H8
Courtesy of Jaz S Sandhu of Royal Lepage Magna.
- $22,500,000
- List Price
- $22,500,000
- MLS® #
- 45232125
- Year Built
- 2024
- Region
- Edmonton
Property Description
Institutional-Quality Multi-Family Asset Near Edmontons Downtown CoreCompleted in 2024, this exceptional purpose-built multi-family residential property presents a rare opportunity to acquire a modern, institutional-quality asset in the rapidly evolving and highly accessible Parkdale neighborhood. Designed to capitalize on the soaring demand for modern urban rental living, the 6-story building offers 55,058 square feet of rentable residential area across a well-balanced, high-density suite mix. The property features a total of 78 residential units, including:6 Efficient Bachelor (Studio) units60 Spacious One-Bedroom units6 Two-Bedroom units6 Three-Bedroom unitsBuilt with contemporary architecture, premium finishes, in-suite laundry, and efficient modern building systems, the asset is engineered for low long-term operational costs while delivering an elevated living experience for residents. The property also includes 39 total parking stalls (consisting of 13 surface stalls and 26 secure underground stalls
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