Northgate Apartments
10646 - 102 Street NW, Edmonton, AB
For Sale
Property details
- Units: 12 1 Bedrooms
- Year Built: 1962
- Zoning RM h23
- Site Size 7,496 SF
- Sale Price: $1,380,000 ($115,000/Unit)
Location Overview
This property is conveniently and centrally located in Edmonton, sitting just north of the downtown core in the Central McDougall neighbourhood. Educational facilities and commercial space with retail and entertainment amenities are the major features of this location. Kingsway Mall is situated just 1.5 km north of the property and provides around 1 million SF of commercial space with 174 stores and retail anchors such as Walmart, Hudson’s Bay and HomeSense. Additional retail, restaurants and top entertainment are located only 500 metres south of the property at Ice District, the largest mixed-use sports and entertainment district in Canada.
This location is ideal for working professionals and students due to its access to downtown’s employment sectors and its proximity to both MacEwan University (1-minute drive) and NAIT (7-minute drive) campuses. Both schools are already preparing for large student population growth in the near future. NAIT has recently acquired land next to the current campus in the Blatchford area for plans to expand the campus to almost double its current size. MacEwan University has just broken ground on a new building to house its School of Business program and is expecting a 50% increase in its student population by 2030.