Brooke View Terrace

10225 - 156 Street NW, Edmonton, AB

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For Sale

Property details

  • Property Type: Multifamily - Low-Rise/Garden
  • Units: 12
  • Sale Price: $1,560,000 ($130,000/Unit)
  • Year Built: 1976

Location Overview

Brooke View Terrace is situated in the mature neighbourhood of Canora, two blocks north of the highly traveled thoroughfare, Stony Plain Road. The community is dedicated to innovative development and revitalization, increasing density and walkability. The area is included in the Jasper Place Redevelopment Plan featuring several development projects including the West Valley Line LRT expansion and the redevelopment of Jasper Gates Shopping Centre.

Along the commercial corridor of Jasper Place are various restaurants, pharmacies, gas stations and medical services. This corridor also has a major shopping center on each end, Mayfield Common to the west and Jasper Gates Plaza to the east. These centers provide residents with over 575,000 square feet of commercial space within a 2-kilometer radius of the property.

Investment Highlights

Existing debt opportunity with an assumable loan of $955,000 with a 1.65% interest rate.

Within walking distance to new West Valley Line LRT Jasper Place stop and the redeveloped Jasper Gates Shopping Centre.
Majority of major capex completed, with potential for further upside through interior renovations

Ideal suite mix with 25% one bedroom and 75% two bedroom units

Location Map

Downloads

CA - Brooke View Terrace.pdf

Brooke View Terrace_Brochure.pdf

Edmonton Multifamily Team

Brandon Imada

Vice President
Avison Young
+1 780 668 3750

Amit Grover

Principal
Avison Young
+1 780 953 1735

Jandip Deol

Principal
Avison Young
+1 780 278 2791

Tracy Olmos

Associate
Avison Young
+1 780 288 0322

Brannon Guenette

Client Services Coordinator
Avison Young
+1 587 400 9899

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