Rundle Apartments | 11320 34th St NW
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Rundle Apartments 11320 34th St NW 12 Unit Apartment Building For Sale Edmonton, AB T5W 1Y9
EXECUTIVE SUMMARY
Valuable Amenities Nearby: The property is within walking distance to numerous amenities, including Rundle Park and the major retail corridor along 118 Avenue, which features restaurants, grocery stores, and family services. Its central location ensures convenience and connectivity, with major transit routes and thoroughfares just minutes away.
Ideal CMHC Candidate: The property is an excellent CMHC MLI Select candidate, allowing for low equity requirements and reduced debt payments, resulting in enhanced cash flow potential.
Excess Land: The property sits on 0.38 acres of land and holds great potential for future development, allowing for a total of 30 units.
Ideal CMHC Candidate: The property is an excellent CMHC MLI Select candidate, allowing for low equity requirements and reduced debt payments, resulting in enhanced cash flow potential.
Excess Land: The property sits on 0.38 acres of land and holds great potential for future development, allowing for a total of 30 units.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Lot Size | 0.38 AC |
| Sale Condition | Excess Land | Building Size | 9,887 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1971 |
| Apartment Style | Low-Rise | Parking Ratio | 1.11/1,000 SF |
| Building Class | B | ||
| Zoning | RM h16 | ||
| Sale Type | Investment |
| Sale Condition | Excess Land |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.38 AC |
| Building Size | 9,887 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1971 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | RM h16 |
AMENITIES
UNIT AMENITIES
- Balcony
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 800 - 1,000 |
| 1+1 | 8 | - | 688 |
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Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (76)
CONTACTS
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Tracy Olmos -
Amit Grover -
Jandip Deol -
Brandon Imada -
Brannon Guenette -
Avison Young
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Rundle Apartments | 11320 34th St NW
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