Edmonton Class A Purpose-built Multifamily Apartment for Sale

The Edmonton multifamily apartment is a Class A, purpose-built asset. The building's physical specifications include a wood structure with a mix of one, two, and three bedroom units. Situated in a mature and upscale neighbourhood, the property benefits from proximity to major employment nodes, public transportation routes, and local amenities. With a walk score of 82, residents have access to a range of services and amenities within a short distance. From an institutional perspective, the property's strong demographics, including a diverse tenant base and average household income of $83,000, support a stable and growing rental income stream. The Edmonton multifamily market has demonstrated resilience, with vacancy rates averaging 5.4% over the past 12 months. As such, this asset is positioned to attract investors seeking a core, income-generating investment in a stable Canadian market, with potential for long-term capital appreciation through a buy-and-hold strategy.