10126 – 87 Avenue NW
Property Description
This meticulously maintained, 12-unit apartment building in the heart of Old Strathcona is offered by its original owner-builder for the first time. The property combines immediate stability and recent updates with clear rental revenue upside. Additionally, it offers incredible strategic value for developers and growth-oriented investors, as it can be purchased alongside the adjacent development lots for a larger project. Perfect Location: Right across from a park and school in a great neighbourhood. Room to Grow Income: You can increase the current rents to match today’s market rates. Great Shape: Very well-maintained, with some apartments recently renovated. Quality Build: The building has double drywall, which means better fire safety and less noise between apartments. Bonus Potential: If you want to expand, this property can be bought and combined with the empty development lots right next door.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,750,000 |
| No. of Units: | 12 |
| Lot Size: | 0.26 Acres |
| Opportunity Zone: | No |
| Price per unit: | $145,833 |
| Property Website | Click Here |
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