Courtesy of Sean T Gerke and Damir Knezevic of Century 21 All Stars Realty Ltd

10317 107 Ave
Zone 08 Edmonton T5H 0V7

$1,780,000
Multi-Family Commercial

Main Photo: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 1: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 2: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 3: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 4: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 5: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 6: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 7: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 8: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 9: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 10: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 11: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 12: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 13: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 14: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 15: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 16: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 17: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 18: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 19: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 20: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 21: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 22: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 23: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 24: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 25: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 26: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 27: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 28: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Photo 29: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4347114
Build. Type:
Low Rise (2-4 stories)
Assumable Mortgage 2.19% | Creative financing will be considered | Exceptional investment opportunity in the heart of downtown Edmonton! This centrally-located property, zoned CB1, boasts a portfolio of 10 fully-leased units, offering a healthy cap rate and perfect for entry-level multifamily investors. This dynamic assortment includes 6 one-bedroom units, 2 two-bedroom units, and a spacious three-bedroom unit. Additionally, the property includes a non-compliant bachelor suite. Benefit from the location, within walking distance to both MacEwan University and the Royal Alexandra Hospital. Residents enjoy immediate access to education, healthcare, and the downtown lifestyle. Furthermore, this property resides in a community presently undergoing a vigorous renewal process, heralding promising prospects for increased future value. All proposals are welcome. *Please do not approach tenants*
Transaction Type:
For Sale
Property Type:
Multi-Family Commercial
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
10
Tot Pkg Spaces:
10
# Storeys:
2.5
Year built:
1953 (Age: 71)
Total Floor Area:
5,925 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
CB1
Plan:
B3
Title to Land:
Freehold
LINC Number:
0010071389
Num. of Parcels:
1
Cap Rate %:
5.95
Gross Operating Income:
$111,360
Other Income:
$10,000
Effective Gross Income:
$121,360
Net Operating Income:
$86,269
Total Oper. Expenses:
$35,091
Tot Expenses:
$35,091
Days On Website:
255 day(s)
  • Photo 1: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 1 of 29
  • Photo 2: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 2 of 29
  • Photo 3: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 3 of 29
  • Photo 4: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 4 of 29
  • Photo 5: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 5 of 29
  • Photo 6: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 6 of 29
  • Photo 7: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 7 of 29
  • Photo 8: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 8 of 29
  • Photo 9: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 9 of 29
  • Photo 10: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 10 of 29
  • Photo 11: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 11 of 29
  • Photo 12: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 12 of 29
  • Photo 13: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 13 of 29
  • Photo 14: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 14 of 29
  • Photo 15: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 15 of 29
  • Photo 16: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 16 of 29
  • Photo 17: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 17 of 29
  • Photo 18: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 18 of 29
  • Photo 19: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 19 of 29
  • Photo 20: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 20 of 29
  • Photo 21: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 21 of 29
  • Photo 22: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 22 of 29
  • Photo 23: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 23 of 29
  • Photo 24: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 24 of 29
  • Photo 25: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 25 of 29
  • Photo 26: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 26 of 29
  • Photo 27: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 27 of 29
  • Photo 28: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 28 of 29
  • Photo 29: 10317 107 Ave in Edmonton: Zone 08 Multi-Family Commercial for sale : MLS®# E4347114
    Photo 29 of 29
Data was last updated March 5, 2024 at 02:30 AM (UTC)
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.