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10141 162 St NW
Edmonton, AB T5P 3L7
Stony Place Apartments · Multifamily Property For Sale · 44 Units

INVESTMENT HIGHLIGHTS

  • Three of the major commercial and shopping centres within a 2 km radius of the property
  • The building sits on 37,469 SF of land that is zoned as RM h16, allowing for a future multifamily development up to 16 meters with a max FAR of 2.3
  • Surrounding communities are experiencing low vacancy despite market rental rates that have increased 10% over the last 12 months
  • Mix of 32 one-bedroom and 12 two-bedroom units with additional rental upside

PROPERTY FACTS

No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.91 AC
Building Size 45,252 SF
Average Occupancy 95%
No. Stories 3
Year Built 1982
Parking Ratio 0.88/1,000 SF
Zoning Medium Scale Residential - Medium Scale Residential (RM h16)

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Smoke Free
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 32 - -
2+2 12 - -
  • Listing ID: 35096308

  • Date on Market: 3/11/2025

  • Last Updated:

  • Address: 10141 162 St NW, Edmonton, AB T5P 3L7

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