St Albert, Alberta
Return to: St Albert
Courtesy of Don Brown of Royal LePage Noralta Real Estate
10625 122 Street
Zone 07
Edmonton
T8A 1E7
$4,800,000
Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- E4460310
- Build. Type:
- Low Rise (2-4 stories)
* Sold date and price are as reported on the RAE’s MLS® system
- Photos (20)
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An exciting investment opportunity in Westmount—this 32-unit apartment building is just steps from Unity Square, 124 Street, and the upcoming LRT on 104 Avenue, with Grant MacEwan University and downtown only minutes away. The property includes twelve 1-bedroom units and twenty 2-bedroom units in varying stages of renovation; first-floor units are below grade with no patios, while above-grade 2-bedrooms feature balconies and either dishwashers or space for them. Each floor offers laundry facilities, central vacuum access at both ends of the building, and added storage between the 2nd–3rd and 3rd–4th floors. Recent upgrades include a new boiler (2019), exterior stucco and paint (2016/17), and a new roof (2016/17). Eight units require renovations before leasing, presenting value-add potential. The building offers 32 electrified parking stalls, 7 visitor stalls, and an outbuilding for maintenance equipment, with posted income based on estimated market rents and 7% vacancy.
- Property Type:
- Multi-Family Commercial
- Transaction Type:
- For Sale
- Lease Oper Costs Per Sq M:
- $0
- Price Per SqFt:
- $320
- Taxes:
- Signup
- Lot Area:
- 24,364 sq. ft.2,263 m2
- Lot Frontage:
- 200'61 m
- Lot Depth:
- 121'36.9 m
- Stories Total:
- 3
- # of 2 Bedroom Apartments:
- 20
- # of Units:
- 32
- # of Other Units:
- 0
- # of Studio Apartments:
- 0
- # of Bachelor Apartments:
- 0
- Units Include:
- Dishwasher, Fridge, Stove
- Year built:
- 1978 (Age: 47)
- Bathrooms:
- - (Full:-/Half:-)
- Plan:
- RN22
- Building Type:
- Low Rise (2-4 stories)
- Heating Source:
- Natural Gas
- Num. of Parcels:
- 1
- Construction:
- Stucco, Wood Frame
- Floor Finish:
- Carpet, Ceramic Tile, Laminate
- Parking Space(s):
- 32
- Appliances Included, Balconies, Dishwashers, Fiber Optic Network, Intercom, Outside Storage, Storage, Hot Water Natural Gas, Laundry-Coin-Op, Laundry-Common, Parking-Plug-Ins
- Westmount
- Paved Lot, Shopping Nearby, Public Transportation, Back Lane, Paved Lane, Schools
- Private
- Zone:
- Zone 07
- Zoning:
- Zone 07
- Title to Land:
- Fee Simple
- Legal Lot:
- 3,6,5,4
- # Bldgs:
- 1
- LINC Number:
- 0010285725
- Env Assessment:
- No
- Days On Website:
- 1 day(s)1 day(s)
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View of property
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Property entrance with stucco siding
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View of urban area
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Aerial view of skyline
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Drone / aerial view of a tree filled landscape
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Aerial view of skyline
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Stairs featuring wood walls and tile patterned floors
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View of stairs
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Stairway featuring electric panel
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Hallway featuring light carpet and baseboards
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Detailed view of mail area and baseboard heating
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Community laundry with washer and dryer
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Detailed view of a central vacuum unit
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View of uncovered parking lot
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View of property with uncovered parking
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Drone / aerial view of city skyline
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View of property location with a tree filled landscape and property parcel outlined
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View of property location with property parcel outlined and a tree filled landscape
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Utilities featuring water heater
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Detailed view of electric meter
Larger map options:
Data was last updated October 2, 2025 at 11:30 AM (UTC)
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