Alderwood Place

Property feature image
Address: Elkford, BC V0B 1H0, Canada
Canada + Apartment Buildings
Created date: June 29, 2026
Date last updated: September 3, 2026

Property Description

Alderwood Place is a well-maintained 60-unit multifamily property in Elkford situated on a substantial 2.84-acre (123,710-square-foot) site zoned Comprehensive Development Residential, the property comprises two 30- unit, three-storey wood-frame apartment buildings constructed in 1981. The property’s scale, attractive suite mix, and extensive site area make it one of the larger purpose-built rental assets within the Elk Valley region. The property offers a balanced suite mix consisting of 6 one-bedroom units, 48 two-bedroom units, and 6 three-bedroom units, catering to a broad range of tenants including individuals, couples, and families. Alderwood Place benefits from a range of tenant-focused amenities, including covered parking structures equipped with electrical plug-ins, shared laundry facilities featuring four washers and four dryers in each building, and the Alderwood sauna room. The property has benefited from ongoing ownership stewardship and a comprehensive program of capital improvements. Significant recent upgrades include the installation of new three-ply torch-on roofing systems on both buildings in 2020, replacement of numerous hot water tanks, carport upgrades, garbage system improvements, stucco and building-envelope restoration, access ramp paving and fire alarm system upgrades. In addition to building-wide improvements, ownership has completed multiple full-suite renovations and turnover upgrades across both buildings. Approximately 10 or more units have been improved through flooring replacements, interior painting, and general suite modernization.
Availabletick-green

Request Information

Broker Details

Bruce Long (Personal Real Estate Corporation)
Bruce Long (Personal Real Estate Corporation)

Macdonald Commercial Real Estate Services Ltd. 16047365611

New call-to-action

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 60
Opportunity Zone: No
Property Website Click Here
Address: Alderwood Place, Elkford, BC V0B 1H0, Canada
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

86 Rue Boisjoli

86 Rue Boisjoli

Saint-Constant, Quebec
Canada + Apartment Buildings
Price: $998,000
3266 Rue Duc-de-Milan

3266 Rue Duc-de-Milan

Quebec (Beauport), Quebec
Canada + Apartment Buildings
Price: $940,000
2573 2579 Crois. de Holon

2573 2579 Crois. de Holon

Montreal (Lachine), Quebec
Canada + Apartment Buildings
Price: $1,175,000

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up