Contacts
Avison Young
Avison Young
Avison Young
Avison Young
Avison Young
Property Details
- Property Type Other
- Units 26
- Additional Rent Contact for pricing
- Date Updated Dec 14, 2024
Situated in an AAA location, the Property is located along 99th Street in the south-central community of Strathcona. Located 450 meters from Whyte Avenue, the shopping district provides over 1.2 million square feet of retail space and is home to a diverse array of shops, restaurants, cafes, and nightlife venues, making it a popular destination for both locals and tourists.
Located 2 kilometers from the University of Alberta North Campus (the “U of A”), the Property is within walking distance to the U of A and University of Alberta Hospital. The U of A has recently announces its 2023 Strategic Plan which charts a course of action to expand enrollment from 44,000 students to 60,000 within the next decade. The U of A’s aggressive growth plan and financial restrictions have increased the dependency on third-party development to meet the housing needs of students. The economic issues of inflation coupled with exorbitant migration have instigated a push for affordable and centralized housing. With over 100,000 people having migrated to Alberta since 2022, Edmonton’s affordable, central communities are the landing grounds for a majority of these new migrants. The Property’s strategic location provides limitless potential for rental growth. As of January 2024, Strathcona’s average vacancy rate stands at 1.9%, highlighting the area’s resilience and consistent appeal to renters. This stability ensures higher yields for property owners and investors.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Significant potential for immediate rental upside given the property's strong historical occupancy and location.
- Situated within 500m from Whyte Avenue providing immediate access to restaurants, coffee shops, boutique retail and entertainment.
- The site is zoned RM h23 offering great future development potential.
- The Property has been self-managed for over 10-years and meticulously maintained and operated.
Getting around
-
90/100
Walk Score ®
-
56/100
Transit Score ®
-
99/100
Bike Score ®
Location
- City Edmonton, AB
- Neighborhood Strathcona
- Postal Code 636
Points of Interest
-
Old Strathcona
0.39 miles
-
Whyte Avenue
0.40 miles
-
107 Street
0.84 miles
-
Garneau
1.14 miles
-
Government Centre Station / Pedway
1.33 miles
-
Central
1.35 miles
-
Central Station
1.35 miles
-
Government Centre Station
1.38 miles
-
Bay/Enterprise Square Station
1.40 miles
-
University Station
1.45 miles
-
Centex
0.06 miles
-
Esso
0.22 miles
-
7-Eleven
0.78 miles
-
Shell
1.08 miles
-
Petro-Canada
1.20 miles
-
Convenience For You
1.31 miles
-
Husky
1.46 miles
-
Central Tire & Auto Gas Bar
1.47 miles
-
Petro Canada
1.49 miles
-
FLO
2.58 miles
-
Ritchie Mill
0.37 miles
-
Indigo
0.65 miles
-
TD Canada Trust Customer Parking
1.06 miles
-
Lot 89 (East Campus)
1.24 miles
-
Lot 87 (East Campus)
1.24 miles
-
Lot 88 (East Campus)
1.25 miles
-
Parking Garage
1.33 miles
-
Carpark 79
1.36 miles
-
Lot U
1.36 miles
-
Lot #237
1.37 miles
-
Commercial Hotel
0.48 miles
-
Metterra Hotel on Whyte
0.59 miles
-
Varscona Hotel On Whyte
0.75 miles
-
HI Edmonton
0.87 miles
-
Chateau Lacombe Hotel
1.25 miles
-
Fairmont Hotel MacDonald
1.30 miles
-
Courtyard Marriott Edmonton
1.31 miles
-
Comfort Inn & Suites
1.32 miles
-
Union Bank Inn
1.36 miles
-
Alberta Place Suite Hotel
1.36 miles
-
K & K Foodliner
0.22 miles
-
Old Strathcona Mall
0.30 miles
-
Blush Lane Organics
0.40 miles
-
Winners
0.63 miles
-
Save-On-Foods
0.65 miles
-
No Frills
0.70 miles
-
River Valley Food Store
1.07 miles
-
Real Canadian Wholesale Club
1.07 miles
-
Safeway
1.13 miles
-
Shoppers Drug Mart
1.18 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
