RIVER VALLEY APARTMENTS - 27 Suite Walk Up plus Bonus Office Unit

8630 - 106 Avenue - River Valley Apartments T5H 0M7 :

Main Photo: RIVER VALLEY APARTMENTS - 27 Suite Walk Up plus Bonus Office Unitbanner
$1,512,000
Prop. Type:
Business with Property
Status:
Sold
River Valley Apartments is a 27 suite, 4 storey walk up apartment building with an additional office/storage unit which has plumbing is located in Boyle Street, in Central Edmonton. The suites are spacious, and well configured. There are 20 One Bedroom suites; 5 One Bedroom plus Den Suites and 2 Two Bedroom suites. All units are above grade & feature either a balcony or patio. The Project is located on a quiet, tree lined street only a block from the River Valley and walking distance to City Centre. Some of the units facing the front have a River Valley view. There is some covered parking, under the building. The project is of Wood Frame Construction with a Concrete Foundation; a Tar & Gravel Roof and Cedar Siding Exterior. There is an Intercom System. The Coin Laundry Machines are Owned. The Suites are plumbed for dishwashers. Each suite has a large in-suite storage area. Rents are presently far below CMHC Rental Market Averages & should be able to be increased substantially with cosmetic upgrading. This project is an excellent candidate for a condo conversion! So much Potential! Please do not go direct & disturb Tenants. For a proforma and/or an appointment, call Val Toffoli @ 780-707-9395; www.valtoffoli.com; vtoffoli@shaw.ca
Price:
$1,512,000
Property Type:
Business with Property
Status:
Sold
Listing information last updated on April 27, 2012 at 03:50 PM (UTC)
VAL TOFFOLI
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.