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Investment Highlights

  • Steps from Whyte Avenue’s retail, dining, and entertainment amenities in a high-traffic corridor.
  • Walking distance to LRT and multiple bus routes for effortless transit access.

Executive Summary

Garneau Professional Centre is an office building located along 82 Avenue (Whyte Avenue), a major east-west arterial in Edmonton, Alberta. The property is situated in the University district within walking distance of the University of Alberta campus, hospitals, and medical research facilities. The surrounding neighborhood is mixed-use, offering retail, dining, and cultural amenities, and is well-connected by public transportation including the LRT and bus services. Roadway connections from Whyte Avenue link quickly to Gateway Boulevard and Calgary Trail for regional access.

11 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 205
  • 2,741 SF
  • Office/Medical
  • $534,441 USD ($194.98 USD/SF)
  • -
Sale Type Investment or Owner User
Description
2,741 square feet.
Sale Notes
2,741 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
  • Unit 260
  • 1,959 SF
  • Office/Medical
  • $382,756 USD ($195.38 USD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
1,959 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
  • Unit 301
  • 2,809 SF
  • Office/Medical
  • $549,326 USD ($195.56 USD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
2,809 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
  • Unit 320
  • 1,163 SF
  • Office/Medical
  • $226,818 USD ($195.03 USD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
1,163 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
  • Unit 345
  • 1,227 SF
  • Office/Medical
  • $240,995 USD ($196.41 USD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
1,227 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
  • Unit 402
  • 1,378 SF
  • Office/Medical
  • $269,347 USD ($195.46 USD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
1,378 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
  • Unit 410
  • 1,389 SF
  • Office/Medical
  • $272,891 USD ($196.47 USD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
1,389 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
  • Unit 430-1
  • 1,561 SF
  • Office/Medical
  • $304,787 USD ($195.25 USD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
1,561 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
  • Unit 435
  • 1,065 SF
  • Office/Medical
  • $209,098 USD ($196.34 USD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
1,065 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
  • Unit 510
  • 850 SF
  • Office/Medical
  • $165,861 USD ($195.13 USD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
850 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
  • Unit 570
  • 1,507 SF
  • Office/Medical
  • $294,155 USD ($195.19 USD/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
1,507 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.
Unit Unit Size Condo Use Price NOI
Unit 205 2,741 SF Office/Medical $534,441 USD ($194.98 USD/SF) -
Unit 260 1,959 SF Office/Medical $382,756 USD ($195.38 USD/SF) -
Unit 301 2,809 SF Office/Medical $549,326 USD ($195.56 USD/SF) -
Unit 320 1,163 SF Office/Medical $226,818 USD ($195.03 USD/SF) -
Unit 345 1,227 SF Office/Medical $240,995 USD ($196.41 USD/SF) -
Unit 402 1,378 SF Office/Medical $269,347 USD ($195.46 USD/SF) -
Unit 410 1,389 SF Office/Medical $272,891 USD ($196.47 USD/SF) -
Unit 430-1 1,561 SF Office/Medical $304,787 USD ($195.25 USD/SF) -
Unit 435 1,065 SF Office/Medical $209,098 USD ($196.34 USD/SF) -
Unit 510 850 SF Office/Medical $165,861 USD ($195.13 USD/SF) -
Unit 570 1,507 SF Office/Medical $294,155 USD ($195.19 USD/SF) -

Unit 205

Unit Size
2,741 SF
Condo Use
Office/Medical
Price
$534,441 USD ($194.98 USD/SF)
NOI
-

Unit 260

Unit Size
1,959 SF
Condo Use
Office/Medical
Price
$382,756 USD ($195.38 USD/SF)
NOI
-

Unit 301

Unit Size
2,809 SF
Condo Use
Office/Medical
Price
$549,326 USD ($195.56 USD/SF)
NOI
-

Unit 320

Unit Size
1,163 SF
Condo Use
Office/Medical
Price
$226,818 USD ($195.03 USD/SF)
NOI
-

Unit 345

Unit Size
1,227 SF
Condo Use
Office/Medical
Price
$240,995 USD ($196.41 USD/SF)
NOI
-

Unit 402

Unit Size
1,378 SF
Condo Use
Office/Medical
Price
$269,347 USD ($195.46 USD/SF)
NOI
-

Unit 410

Unit Size
1,389 SF
Condo Use
Office/Medical
Price
$272,891 USD ($196.47 USD/SF)
NOI
-

Unit 430-1

Unit Size
1,561 SF
Condo Use
Office/Medical
Price
$304,787 USD ($195.25 USD/SF)
NOI
-

Unit 435

Unit Size
1,065 SF
Condo Use
Office/Medical
Price
$209,098 USD ($196.34 USD/SF)
NOI
-

Unit 510

Unit Size
850 SF
Condo Use
Office/Medical
Price
$165,861 USD ($195.13 USD/SF)
NOI
-

Unit 570

Unit Size
1,507 SF
Condo Use
Office/Medical
Price
$294,155 USD ($195.19 USD/SF)
NOI
-

Unit 205

Unit Size 2,741 SF
Condo Use Office/Medical
Price $534,441 USD ($194.98 USD/SF)
NOI -
Sale Type Investment or Owner User
Description
2,741 square feet.</li></ul>
Sale Notes
2,741 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Unit 260

Unit Size 1,959 SF
Condo Use Office/Medical
Price $382,756 USD ($195.38 USD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
1,959 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Unit 301

Unit Size 2,809 SF
Condo Use Office/Medical
Price $549,326 USD ($195.56 USD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
2,809 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Unit 320

Unit Size 1,163 SF
Condo Use Office/Medical
Price $226,818 USD ($195.03 USD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
1,163 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Unit 345

Unit Size 1,227 SF
Condo Use Office/Medical
Price $240,995 USD ($196.41 USD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
1,227 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Unit 402

Unit Size 1,378 SF
Condo Use Office/Medical
Price $269,347 USD ($195.46 USD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
1,378 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Unit 410

Unit Size 1,389 SF
Condo Use Office/Medical
Price $272,891 USD ($196.47 USD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
1,389 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Unit 430-1

Unit Size 1,561 SF
Condo Use Office/Medical
Price $304,787 USD ($195.25 USD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
1,561 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Unit 435

Unit Size 1,065 SF
Condo Use Office/Medical
Price $209,098 USD ($196.34 USD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
1,065 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Unit 510

Unit Size 850 SF
Condo Use Office/Medical
Price $165,861 USD ($195.13 USD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
850 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Unit 570

Unit Size 1,507 SF
Condo Use Office/Medical
Price $294,155 USD ($195.19 USD/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
1,507 square feet available for purchase. High-quality office building located within walking distance of University of Alberta, hospitals, research facilities, LRT line, and many amenities on Whyte Avenue.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 57,634 SF
Property Type Office
Property Subtype Medical
Building Class C
Floors 5
Typical Floor Size 11,527 SF
Year Built 1978
Lot Size 0.60 AC
Parking Ratio 0.35/1,000 SF
Zoning CO - Commercial Office

Amenities

  • Signage
Very walkable
80/100
Moderately drivable
60/100
Strong public transit
80/100
Very bikeable
80/100
  • Listing ID: 28628219

  • Date on Market: 6/1/2023

  • Last Updated:

  • Address: 11044 82nd Ave, Edmonton, AB T6G 0T2

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