10736 - 116 Street | Northfield Commercial Real Estate

Edmonton, AB

new

$2,375,000

Property Attributes

Property Type Multifamily

List Price $2,375,000

Address 10736 116 Street Northwest

City Edmonton

Province AB

Lease or Sale sale

SQFT 0 Sqft

Active / Sold active

Description

The Max Building is a three storey, seven suite, modern, wood-frame condominium building located at 10736 – 116 Street in Edmonton, Alberta, in the neighbourhood of Queen Mary Park. The property was built for an investor that can appreciate a well located and well constructed new building.

Overall there are 7 units. See the suite mix below:
• 4 Two Bedroom Units in the Basement /Main floor – These are all two story units (1,050 sq. ft.)
• 2 Two Bedroom Units on the Second Floor – Single Story Units (1,050 sq. ft.)
• 1 Three Bedroom + Den – Top Floor Penthouse Unit – Single Story Unit (1,398 sq. ft.)

Exterior wall finishing is comprised of steel studs finished with a combination of acrylic stucco, wood panels, and tyndall stone accents. The roof is a slant roof design that is finished with a waterproof SBS membrane adhered to a wooden roof deck. Windows are triple pane PVC framed units. Balcony doors and railings are in a glazed finish commensurate with the exterior look of the building.
The Mechanical System includes a high efficiently boiler and brand new hot water heaters.
This property exhibits the highest standard in construction, and the highest end finishes available. Suite amenities include six stainless steel appliances: Fridge, stove/hood vent, dishwasher, microwave and washer/dryer. The typical finish of the suites consist of 9-foot ceilings. Flooring consists of plank flooring, tile and carpet. Other amenities included maple cabinets, double sinks, quartz counter tops, soft-close cabinet drawers and doors, and LED lighting for energy efficiency.
All suites have a four-piece bathroom (Shower/Tub, Vanity, and Toilet).
The Two-Bedroom suites have one full bathroom and one partial bathroom.
The Three-Bedroom suite features one full ensuite bathroom, and two partial bathrooms.
This property is located just north of Oliver Square and is minutes to the Brewery District, Ice District, and Downtown Edmonton. This is a high quality investment Property!

 

Neighbourhood Overview:

The subject property is located in the Queen Mary Park Neighbourhood of North Central Edmonton. The east and west boundaries of the area are set by 109th and 121st Streets, while the north and south boundaries are set by 111th and 105th Avenues. Kingsway Avenue (to the east), 107th Avenue, and 111th Avenue are the major east-west arterial routes, with 109th and 116th Streets providing north-south arterial transport.
According to Edmonton’s 2016 Municipal census, Queen Mary Park has approximately 6,946 residents.
The subject property is situated south of the intersection of 108th Avenue and 116th Street and is municipally addressed at 10736 – 116 Street. The subject lies within the south west region of the neighbourhood along 116th Street between 108th and 107th Avenues. For the most part, the northern portion of the neighbourhood comprises a mixture of single-family residences and multi-family development that would generally involve older lower-density walk-up apartment buildings. Other uses in the southern component of the neighbourhood involve light industrial & service commercial uses along 106th Avenue.
Retail development is situated south of the subject and entails the Oliver Square and Longstreet developments along 104th Avenue between 112th and 118th Street. Oliver Square is a major shopping destination for residents of Oliver and Queen Mary Park. Anchor tenants include Safeway, London Drugs and Staples. Financial institutions are represented by TD Bank, CIBC, RBC and ATB. The area is also well serviced by transit to all areas of the city with bus stops situated east of the subject along 116th Street and south of the subject along 104th Avenue.

In Close Proximity to:
• Downtown Edmonton
• Rogers Place
• Ice District
• Brewery District
• Edmonton River Valley
• Oliver Square
• Kingsway Mall
• NAIT
• MacEwan University
• Royal Alexandra Hospital

 

10736 116 Street Northwest, Edmonton, AB, Canada

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$2,375,000

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https://northfieldcommercial.com/properties/10736-116-street/

10736 116 Street Northwest, Edmonton, AB, Canada

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