Contacts

Amit Grover

Avison Young

Jandip Deol

Avison Young

Brandon Imada

Avison Young

Tracy Olmos

Avison Young

Brannon Guenette

Avison Young

Neil Mah

Avison Young

Property Details

Property Type Other
Property Size 153,766.8 SF
Units 50
Date Updated May 14, 2026

Situated in Northwest St. Albert, North Ridge was initially developed in the early 2000’s and is characterized by single-family homes with multiple schools and park areas. With no commercial zones in the neighbourhood, emphasis has been placed on outdoor areas and community services. Three schools are located within a 1 km radius of the property, along with sports fields, playgrounds and an outdoor rink.

The major commercial zones of St. Albert are found along Highway 2 and include shopping malls, retail plazas and anchoring stores including Costco, Walmart, RONA, Safeway and Canadian Tire. This corridor is a 5-minute drive from the property and also provides services such as the Sturgeon Community Hospital and many dining and entertainment options.

St. Albert is known for its strong education system and low crime rates, making it especially attractive for families. Its proximity to Edmonton allows residents to enjoy suburban living while maintaining easy access to big-city employment, post-secondary institutions, and services.

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Highlights

Defensible Development with Little Competition
Noble Greens sits within a quiet suburban neighbourhood in Northwest St. Albert that is characterized by single family homes, community parks, multiple schools and storm ponds with walking paths. Little multifamily development exists in the immediate area, with Noble Greens being the only rental townhome property in the community of North Ridge.
Rental townhomes have several ownership advantages. Such as lower utility burdens, reduced maintenance costs and a rising demand from the renter population.
Spacious Suites with Sought-After Flexibility
St. Albert continues to emerge as one of Albertas strongest secondary multifamily markets. It is experiencing a steadily increasing population, a strong development cycle and key employment fundamentals. This increasing market demand has resulted in rental rates that rival, and in some cases exceed, comparable Edmonton product.
Strong Secondary Market
The property features two suite types with oversized balconies and an average livable area of 1,705 SF. The 3-bedroom townhome layouts hold open-concept main floors and a ground floor flex space with double car garage. This caters to family tenants seeking flexible living spaces and the conveniences provided by in-suite laundry and available storage areas.
Townhome Advantages