Bonnie Doon Manor

– 20 unit, concrete frame building with 7,435 SF of commercial space – Situated close to Bonnie Doon Mall and steps away from the future Southeast Valley Line LRT Bonnie Doon Station – Great value add potential through updating commercial space and residential units – Redevelopment of Bonnie Doon into a high-density, transitoriented multi-purpose neighbourhood is currently underwayBonnie Doon Manor is located east of Edmonton’s downtown core, in one of Edmonton’s most culturally rich and artistic destinations. The property is adjacent to the University of Alberta’s Campus Saint-Jean and a short walking distance away from various restaurants, shopping, recreation, plus entertainment facilities. With the resumption of Canadian immigration and an increased wave of post-secondary graduates, the demand for central rental units continues to accelerate. These rental demographics are demanding connectivity, convenience, and increased amenities, all of which Bonnie Doon Manor provides. The Property is ideally located for young professionals and students as its 280 meters from Campus Saint-Jean and 1.3 KM from the new Southeast Valley Line LRT. The city’s increasing population continues to put upward pressure on demand and value for central-multifamily residences. We expect this trend to be emphasized in the Bonnie Doon region due to the convenient lifestyle the subsection offers. To keep pace with the traffic growth that the Southeast Valley Line LRT will bring to Bonnie Doon, Morguard developed plans to revitalize the aging Bonnie Doon Shopping Centre. The 30.6 Acre Centre will be transformed into a high-density, transit-oriented mix of retail and residential space. The redevelopment will be broken down into five districts that will help determine the building distribution and enhance retail commercial services. In spring 2019, rezoning for the site allowed for retail, office, and other commercial space up to 1.5 million SF. The site will also include publicly accessible parks, open spaces, underground parking, and new streets throughout the site.