Contacts

Amit Grover

Avison Young

Jandip Deol

Avison Young

Brandon Imada

Avison Young

Tracy Olmos

Avison Young

Brannon Guenette

Avison Young

Property Details

Property Type Other
Property Size 797,583.6 SF
Units 536
Date Updated May 14, 2026

Situated in northeast Edmonton, this area is characterized by a mix of low-density housing, townhomes, and established multifamily properties developed primarily in the 1960s and 1970s. Overlooking the North Saskatchewan River Valley, both Abbottsfield and Rundle Heights benefit from immediate access to Rundle Park, one of the city’s premier recreational destinations. The park features extensive walking and cycling trails, sports fields, a golf course, and year-round amenities, enhancing livability and long-term tenant appeal.

Strategically positioned with immediate connectivity to major arterial routes including Yellowhead Trail and Anthony Henday Drive, these neighbourhoods provide efficient access to downtown Edmonton and key employment hubs across the city. The area is also supported by local commercial amenities along 118 Avenue and in adjacent neighbourhood centres, offering retail, services, and daily conveniences within a short walk or drive

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Highlights

A strong average occupancy of 97% is currently being achieved across the portfolio, signaling to tenant demand for this location in Northeast Edmonton that features quick access to major roadways and walkability to local retail and River Valley Parks
All 3 properties have undergone significant capital expenditures, with millions of dollars spent on portfolio maintenance and upgrades in the last 10 years
Asset Performance & Location
Complete Offering of Unit Types
High-Leverage Financing
Institutionally Maintained
The Portfolio holds a complete range of unit types in the following concentrations: Studios (4.9%) One-Bedrooms (28.4%) Two-Bedrooms (41.2%) Three-Bedrooms (6.2%) Two-Bedroom Townhome (5.9%) Three-Bedroom Townhome (13.4%)
The portfolio is being offered free and clear of existing debt and is primed for high-leverage CMHC financing through the MLI Select Program