Courtesy of Val Toffoli of
MaxWell Polaris
10625 109 Street
Edmonton
T5H 3B5
$2,280,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4333659
- Build. Type:
- Freestanding
- Photos (33)
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Kings Court is an attractive & desirable 20 unit apartment building on 109th Street & 106 Ave with an excellent mix of generous size suites; 12-1 bedroom, 6-2 bedroom & 2-2 bedroom + den units. Many upgrades to common areas & units as tenants vacate. Up to current fire code; Very clean & well maintained project with good tenant profile. Professionally managed. Walking distance to Downtown, public transportation; Grant MacEwan University; the New Arena and the 'Wow' factor amenities of 104 Ave. Proforma available. Long term owners. Clear Title. Sellers open to reasonable offers.
- Sale Type:
- Asset
- Transaction Type:
- For Sale
- Property Type:
- Multi-Family Commercial
- Business Name:
- Kings Court
- Construction:
- Wood Frame
- Building Type:
- Freestanding, Low Rise (2-4 stories), Walk Up
- # Bldgs:
- 1
- # Units:
- 20
- Tot Pkg Spaces:
- 20
- # Storeys:
- 3.5
- Year built:
- 1971 (Age: 52)
- Total Floor Area:
- 15,000 sq. ft.
- Lot Area:
- 0 sq. ft.
- Land Use/Zoning:
- RA7
- Lot Depth:
- 137'
- Lot Frontage:
- 100'
- Plan:
- B4
- Title to Land:
- Freehold
- LINC Number:
- 0010154797
- Landscaped, Shopping Nearby, Public Transportation, Back Lane, Schools
- Units Include:
- Fridge, Stove
- Num. of Parcels:
- 1
- Cap Rate %:
- 3.34
- Gross Operating Income:
- $214,152
- Other Income:
- $356,252
- Effective Gross Income:
- $208,958
- Net Operating Income:
- $76,179
- Total Oper. Expenses:
- $132,779
- Tot Expenses:
- $132,779
- Entry date:
- Apr 01, 2023
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Exterior Front -
Entrance
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Entrance
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Staircase
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Staircase
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Entrance
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Staircase
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Hallway
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Laundry Room
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Laundry Room
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Kitchen
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Kitchen
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Kitchen
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Kitchen
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Kitchen
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Breakfast Nook
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Kitchen
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Breakfast Nook
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Kitchen
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Kitchen
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Breakfast Nook
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Living Room
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Living Room
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Living Room
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Breakfast Nook
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Living Room
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Living Room
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Bathroom
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Bathroom
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Bathroom
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Bathroom
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Bathroom
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Photo 33 of 33
Data was last updated May 28, 2023 at 06:30 AM (UTC)
- TERRIE REEKIE
- RE/MAX RIVER CITY
- 1 (780) 9088090
- Contact by Email
T
R
Terrie M Reekie
Re/Max River City
Office Address:
13120 St. Albert Trail
Edmonton, AB, T5L 4P6