Entro Residential
Stony Plain, Alberta
Building
Stats
- Property Type Multifamily - Low-Rise/Garden
- Building size (SF) 108,150
- Size (Ac) 4.31
- Price $28,252,000 CAD
- Zoning R8 - High Density District
Overview
Entro Residential is located in the town of Stony Plain, a 40-minute drive from Edmonton’s downtown core. Stony Plain is located along the Trans-Canada Highway which forms part of the Port Alberta transportation hub. The town is home to a growing population with over 18,000 residents (2021). Stony Plain is ripe with opportunity with it’s focus on farming and expansion of Alberta’s energy and support service industry. Paired with the focus on Edmonton’s growth as an industrial hub, the affordable cost of living and abundance of job opportunities has resulted in a new wave of residents that find great appeal to living in the area. The Town of Stony Plain also boasts a higher than average median age compared to the rest of Alberta and is known for it’s larger population of seniors. This tenant demographic inherently provides additional yield stability.
The Property is within close proximity to amenities including restaurants, grocery, multiple schools, banks, and the local hospital. Stony Plain has over 1,000 active business licenses promoting the practice of supporting local businesses, fostering a strong and thriving local economy.
