Villa Rica

9610 - 149 St NW, Edmonton, AB

For Sale

Property Details

Property Type: Multifamily - Low Rise
Units: 15
Site Size: 14,085 SF
Parking: Outdoor Surface
Zoning: RM h16
Mortgage: Free and Clear

Location Overview

The Property is located on 149 Street in the West Jasper Place neighbourhood of Edmonton. This community is sought after for both single family home ownership and rental living due to the wealth of retail options, public transportation access and natural amenities nearby. Jasper Gates Plaza is only a 2 minute drive north of the Property, anchored by London Drugs and FreshCo. The plaza sits on a major commercial corridor along Stony Plain Road which contains more retail and services such as restaurants, pharmacies, gas stations and medical clinics.

This corridor will also be the site of the future Valley Line West LRT expansion that is under construction, including a stop planned within a 12 minute walk of the Property, at the corner of 149^th Street and Stony Plain Road. Popular natural amenities such as the Mackenzie Ravine are also found close by, this ravine leads to the North Saskatchewan River with walking and biking trails that begin only 500 meters from the Property.

Investment Highlights

The Property is within walking distance to several river valley trails and the major retail corridor along Stony Plain Road with restaurants, grocery stores and family services.

The Property's position allows for easy commuting options for residents. Whitemud Drive freeway access is only 2 km south on 149th Street. A future LRT stop to Downtown and West Edmonton will be opening soon within walking distance north of the building.

20% of the units have been fully renovated with kitchen and bathroom re-models, including new flooring, paint and trim throughout every room. All remaining units have been partially renovated as needed.