Oliver, Central - Edmonton

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Courtesy of Don Brown of Royal LePage Noralta Real Estate

10625 122 Street
Zone 07 Edmonton T8A 1E7

$4,800,000
Multi-Family Commercial

View of property
Photo 1: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 2: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 3: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 4: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 5: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 6: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 7: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 8: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 9: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 10: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 11: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 12: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 13: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 14: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 15: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 16: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 17: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 18: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 19: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
Photo 20: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
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
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:
Lot Area:
24,364 sq. ft.
Lot Frontage:
200'
Lot Depth:
121'
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
Association Fee Frequency:
Association Fee Amount:
Seller Rights Reserved:
No
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)
  • Photo 1: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    View of property
  • Photo 2: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Property entrance with stucco siding
  • Photo 3: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    View of urban area
  • Photo 4: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Aerial view of skyline
  • Photo 5: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Drone / aerial view of a tree filled landscape
  • Photo 6: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Aerial view of skyline
  • Photo 7: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Stairs featuring wood walls and tile patterned floors
  • Photo 8: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    View of stairs
  • Photo 9: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Stairway featuring electric panel
  • Photo 10: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Hallway featuring light carpet and baseboards
  • Photo 11: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Detailed view of mail area and baseboard heating
  • Photo 12: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Community laundry with washer and dryer
  • Photo 13: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Detailed view of a central vacuum unit
  • Photo 14: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    View of uncovered parking lot
  • Photo 15: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    View of property with uncovered parking
  • Photo 16: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Drone / aerial view of city skyline
  • Photo 17: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    View of property location with a tree filled landscape and property parcel outlined
  • Photo 18: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    View of property location with property parcel outlined and a tree filled landscape
  • Photo 19: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Utilities featuring water heater
  • Photo 20: 10625 122 Street in Edmonton: Zone 07 Multi-Family Commercial for sale : MLS®# E4460310
    Detailed view of electric meter
Data was last updated October 2, 2025 at 09:30 AM (UTC)
Data last updated on October 2, 2025 at 09:30 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.