University Student Housing Portfolio

For Sale

10706/10813 - 85 Avenue NW, Edmonton, AB

This Edmonton property for sale is located at 10706/10813 - 85 Avenue NW. The current listed sale price for University Student Housing Portfolio is $2,900,000.

Contacts

broker

Amit Grover

Avison Young - CA - AB - Edmonton

(780) 953-1735

Property Details

  • Property Type Multi-Family
  • Property Size 4,356 SF
  • Units 28
  • Date Updated Apr 2, 2024
The Properties are located along 108 Street, directly east of the University of Alberta. Throughout the year, the Garneau neighbourhood is one of the busiest nodes in the Edmonton region. The area is filled with students, hospital workers, patients, faculty staff, retail employees and young professionals. Four blocks south of the Properties is 82nd Avenue, otherwise known as Whyte Avenue, which is home to many of the City’s most frequented cafes, restaurants, bars, clubs and lifestyle product and service providers. The immediate location is unlike any other Edmonton has to offer. With a plethora of world renowned health care services, including Edmonton’s largest hospital, educational facilities, craft eateries, boutique retail and multiple LRT stops, Garneau consistently reports the lowest vacancy rates in Edmonton. With little supply of new product in the immediate area, renovated units obtain the highest occupancy and continue to be the most sought after in the Edmonton market. The Properties are located a short 500 meters east of the University of Alberta North campus. With over 40,000 students from 156 countries, the U of A is consistently ranked in the top 100 universities globally. The North Campus is the original campus for the University and is home to over 150 buildings spanning across 230 acres and 50 city blocks. Access to the U of A North Campus is provided by City of Edmonton roadways and sidewalks. Many students get to the campus by utilizing public transportation services. Public transportation to the U of A North Campus is provided by numerous bus routes and two stations on the City of Edmonton LRT system. The immediate location is unlike any other Edmonton has to offer. With a plethora of world renowned health care services, including Edmonton’s largest hospital, educational facilities, craft eateries, boutique retail and multiple LRT stops, Garneau consistently reports the lowest vacancy rates in Edmonton. With little supply of new product in the immediate area, renovated units obtain the highest occupancy and continue to be the most sought after in the Edmonton market. The Properties are located a short 500 meters east of the University of Alberta North campus. With over 40,000 students from 156 countries, the U of A is consistently ranked in the top 100 universities globally. The North Campus is the oriignal campus for the University and is home to over 150 buildings spanning across 230 acres and 50 city blocks. Access to the U of A North Campus is provided by City of Edmonton roadways and sidewalks. Many students get to the campus by utilizing public transportation services. Public transportation to the U of A North Campus is provided by numerous bus routes and two stations on the City of Edmonton LRT system.

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Attachments

Getting around

  • 88/100

    Walk Score ®

  • 67/100

    Transit Score ®

  • 95/100

    Bike Score ®

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Location

  • City Edmonton, AB
  • Neighborhood Garneau

Points of Interest

  • Health Sciences/Jubilee

    0.79 miles

  • McKernan/Belgravia

    0.98 miles

  • Government Centre Station / Pedway

    0.99 miles

  • Government Centre Station

    1.01 miles

  • Coron

    1.35 miles

  • Corona

    1.38 miles

  • Bay/Enterprise Square Station

    1.42 miles

  • Central

    1.45 miles

  • Central Station

    1.50 miles

  • Central Station

    1.53 miles

  • Esso

    0.31 miles

  • Esso

    0.88 miles

  • Husky

    1.00 miles

  • Central Tire & Auto Gas Bar

    1.18 miles

  • Petro Canada

    1.20 miles

  • Husky

    1.47 miles

  • Petro-Canada

    1.54 miles

  • Convenience For You

    1.55 miles

  • Mac's

    1.62 miles

  • Shell

    1.80 miles

  • TD Canada Trust Customer Parking

    0.27 miles

  • Lot 87 (East Campus)

    0.43 miles

  • Lot 88 (East Campus)

    0.45 miles

  • Lot 89 (East Campus)

    0.47 miles

  • Ritchie Mill

    0.50 miles

  • Carpark 79

    0.52 miles

  • Lot Z

    0.55 miles

  • Lot 84

    0.56 miles

  • Lot U

    0.57 miles

  • Timms/Telus Carpark

    0.59 miles

  • HI Edmonton

    0.31 miles

  • Metterra Hotel on Whyte

    0.35 miles

  • Commercial Hotel

    0.50 miles

  • Days Inn

    0.82 miles

  • Comfort Inn & Suites

    1.23 miles

  • Matrix Hotel

    1.24 miles

  • Roadrunner Motel

    1.24 miles

  • Days Inn

    1.31 miles

  • Chateau Lacombe Hotel

    1.35 miles

  • Alberta Place Suite Hotel

    1.38 miles

  • Safeway

    0.32 miles

  • Army & Navy Department Store Ltd.

    0.43 miles

  • No Frills

    0.48 miles

  • Blush Lane Organics

    0.59 miles

  • Save-On-Foods

    0.60 miles

  • HUB Mall

    0.67 miles

  • Old Strathcona Mall

    0.74 miles

  • K & K Foodliner

    0.81 miles

  • McKernan Foods

    0.85 miles

  • River Valley Food Store

    0.93 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Amit Grover

Avison Young - CA - AB - Edmonton

(780) 953-1735