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Apartment Building in Old Strathcona 10126 87 Av NW 12 Unit Apartment Building For Sale Edmonton, AB T6E 2P2
Investment Highlights
- Perfect Location: Right across from a park and school in a great neighbourhood.
- Quality Build: The building has double drywall, which means better fire safety and less noise between apartments.
- Great Shape: Very well-maintained, with some apartments recently renovated.
Executive Summary
This meticulously maintained, 12-unit apartment building in the heart of Old Strathcona is offered by its original owner-builder for the first time. The property combines immediate stability and recent updates with clear rental revenue upside. Additionally, it offers incredible strategic value for developers and growth-oriented investors, as it can be purchased alongside the adjacent development lots for a larger project.
Perfect Location: Right across from a park and school in a great neighbourhood.
Room to Grow Income: You can increase the current rents to match today’s market rates.
Great Shape: Very well-maintained, with some apartments recently renovated.
Quality Build: The building has double drywall, which means better fire safety and less noise between apartments.
Bonus Potential: If you want to expand, this property can be bought and combined with the empty development lots right next door.
Perfect Location: Right across from a park and school in a great neighbourhood.
Room to Grow Income: You can increase the current rents to match today’s market rates.
Great Shape: Very well-maintained, with some apartments recently renovated.
Quality Build: The building has double drywall, which means better fire safety and less noise between apartments.
Bonus Potential: If you want to expand, this property can be bought and combined with the empty development lots right next door.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 12 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 8,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1980 |
| Zoning | RM - Medium Scale Residential | ||
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 8,000 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Zoning | RM - Medium Scale Residential |
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Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
60/100
Exceptionally bikeable
90/100
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Apartment Building in Old Strathcona | 10126 87 Av NW
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