Stella Place

Edmonton, Alberta

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Building

Stats

  • Property Type Multifamily - Low-Rise/Garden
  • Building size (SF) 73,750
  • Size (Ac) 80,301
  • Price $18,600,000 CAD

Overview

Stella Place is conveniently located in the neighbourhood of Homesteader in northeast Edmonton.

Residents of the Property benefit from having access to an abundance of entertainment, restaurants and shops within a 15 minute drive. Hermitage Square and Clareview Town Centre are less than a 10-minute drive from the Property. The Property offers residents exceptional walkability to major retail centres, transit, major employment nodes. The Property is within a 15-minute walk from the Belvedere LRT station providing convenient access to all corners of the city. The Property offers a seamless blend of convenience with urban living. The Property is located along 50th Street which is home to an array of retail tenants including grocery and warehouse stores, fast-food and dine-in restaurants, and healthcare facilities.

Highlights

Four-storey mixed-used building comprised of 66 rental units and 19,300 SF of commercial space.

Attractive suite mix of 30% one bedrooms and 70% two bedrooms, with a large average suite size of 825 SF.
Located in northeast Edmonton, an area that is historically under supplied for new purpose-built rental product.

Far below replacement cost opportunity for new multifamily construction at $252 PSF (residential area only).

Location Map

Team

Jandip Deol

Jandip Deol

Principal
Avison Young
+1 780 278 2791
Amit Grover

Amit Grover

Principal
Avison Young
+1 780 953 1735
Brandon Imada

Brandon Imada

Vice President
Avison Young
+1 780 668 3750
Tracy Olmos

Tracy Olmos

Associate
Avison Young
+1 780 288 0322

Downloads

Stella Place - Brochure.pdf

CA - Stella Place (66 units).pdf

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