Princess Elizabeth Multifamily Site

11630/34/38 - 101 Street NW, Edmonton, AB

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For Sale

Property details

  • Property Type: Land - Multifamily
  • Zoning: RA7
  • Size (SF): 22,495
  • Sale Price: $1,500,000 ($67/SF)

Location Overview

The property consists of three adjacent lots and is located in the central neighborhood of Spruce Avenue. The convenient location allows for easy access to the heart of the city and is within walking distance of NAIT, Kingsway Mall, and the Royal Alexandra Hospital.

Situated just north of Downtown, the location of the site will appeal to various demographics who benefit from convenient access to urban hubs, including educational facilities and Edmonton’s most prominent business and government centers. The emphasis placed on revitalizing Edmonton’s most historic neighborhoods has been ongoing, with significant progress made in retail and amenity spaces. The site offers excellent accessibility to public transit, with NAIT Station just 1 km away. As the ongoing expansion of the LRT network unfolds, properties with seamless connectivity to public transit have become increasingly popular with tenants and property owners.

Investment Highlights

Unique corner site opportunity in the highly trafficked Spruce Avenue neighbourhood.

Walking distance to NAIT, Kingsway Mall, the Royal Alexandra Hospital and two LRT stations.
Holding income in place.

Brochure

Brochure - Princess Elizabeth Multifamily Site.pdf

Edmonton Multifamily Team

Jandip Deol

Principal
Avison Young
+1 780 278 2791

Amit Grover

Principal
Avison Young
+1 780 953 1735

Brandon Imada

Vice President
Avison Young
+1 780 668 3750

Tracy Olmos

Associate
Avison Young
+1 780 288 0322

Brannon Guenette

Client Services Coordinator
Avison Young
+1 587 400 9899

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