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Pine Creek Manor 1665 Jamha Rd NW 174 Unit Apartment Building For Sale Edmonton, AB T6L 0B2
INVESTMENT HIGHLIGHTS
- Stabilized 174-unit complex built in 2018 with modern finishes
- In-suite laundry, A/C, quartz counters, and balconies
- Located near Whitemud Drive, LRT, and major amenities
- 99.5% two-bedroom layouts ideal for family tenancy
- 289 energized surface stalls with 1.66 parking ratio
- Southeast Edmonton submarket with 2.9% vacancy and 14.9% projected population growth
EXECUTIVE SUMMARY
Pine Creek Manor offers investors a rare opportunity to acquire a stabilized, modern multifamily asset in one of Edmonton’s fastest-growing submarkets. Located in Jackson Heights within Mill Woods, this 174-unit complex spans two four-storey buildings on a 4.6-acre site, completed in 2018. The property features a highly desirable suite mix, with 99.5% of units configured as spacious two-bedrooms—many exceeding 900 SF—designed to attract long-term family tenants seeking comfort, convenience, and community.
Each unit is equipped with in-suite laundry, air conditioning, quartz countertops, stainless steel appliances, and private balconies or patios. The buildings offer secure keyless entry, intercom systems, and 24-hour video surveillance. With 289 energized surface parking stalls, the property boasts a strong parking ratio of 1.66 stalls per unit.
Strategically positioned near Whitemud Drive and 50th Street, Pine Creek Manor provides seamless access to major commuting routes, including Anthony Henday Drive and Gateway Boulevard. Residents benefit from proximity to the Mill Woods Recreation Centre, Grey Nuns Hospital, Mill Woods Town Centre, and the Valley Line West LRT. The surrounding area is rich in retail, dining, and educational amenities, supporting tenant retention and rental growth.
The Southeast Edmonton submarket is experiencing rapid population growth, driven by immigration and family demographics. With a submarket vacancy rate of just 2.9% and average two-bedroom rents at $1,776, Pine Creek Manor is well-positioned to deliver strong yield and long-term capital appreciation. Edmonton’s lack of rent control and rising demand for purpose-built rentals further enhance the investment appeal.
Each unit is equipped with in-suite laundry, air conditioning, quartz countertops, stainless steel appliances, and private balconies or patios. The buildings offer secure keyless entry, intercom systems, and 24-hour video surveillance. With 289 energized surface parking stalls, the property boasts a strong parking ratio of 1.66 stalls per unit.
Strategically positioned near Whitemud Drive and 50th Street, Pine Creek Manor provides seamless access to major commuting routes, including Anthony Henday Drive and Gateway Boulevard. Residents benefit from proximity to the Mill Woods Recreation Centre, Grey Nuns Hospital, Mill Woods Town Centre, and the Valley Line West LRT. The surrounding area is rich in retail, dining, and educational amenities, supporting tenant retention and rental growth.
The Southeast Edmonton submarket is experiencing rapid population growth, driven by immigration and family demographics. With a submarket vacancy rate of just 2.9% and average two-bedroom rents at $1,776, Pine Creek Manor is well-positioned to deliver strong yield and long-term capital appreciation. Edmonton’s lack of rent control and rising demand for purpose-built rentals further enhance the investment appeal.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 4.00 AC |
| No. Units | 174 | Building Size | 185,476 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2018 |
| Building Class | B | ||
| Zoning | DC2 (891)(1) - Site Specific Development Control | ||
| Sale Type | Investment |
| No. Units | 174 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 4.00 AC |
| Building Size | 185,476 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2018 |
| Zoning | DC2 (891)(1) - Site Specific Development Control |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Microwave
- Washer/Dryer
- Kitchen
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Island Kitchen
- Quartz Countertops
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Security System
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 69 | - | 798 - 890 |
| 2+1.5 | 47 | - | 862 |
| 2+2 | 58 | - | 922 - 931 |
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CONTACTS
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Jandip Deol -
Brandon Imada -
Amit Grover -
Tracy Olmos -
Brannon Guenette -
Avison Young
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Pine Creek Manor | 1665 Jamha Rd NW
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