- For Sale $2,450,000
- Property Type Other
- Property Size 7,496 SF
- Units 8
- Date Updated Sep 6, 2025
The Property’s location in the Central Edmonton community of Inglewood provides easy access to many amenities and major roadways in the City. This mature neighbourhood holds a healthy mix of demographics as it contains many single-family homes, multiple seniors housing developments, and numerous apartment rentals along 124th Street. Inglewood Elementary school, with sports fields, playground and the community league is only 300 meters from the Property. The prominent 118th avenue commercial corridor sits one block north of the Property and provides services such as a gas station, day care and barber shop. Retail amenities include fast food chains, liquor stores, convenience stores and restaurants.
This location is also a short distance from two major shopping malls, large anchoring retailers and recreational amenities. Westmount Mall and Kingsway Mall are both within a 2 km radius of the Property and contain both small retailers and national anchoring chains such as The Home Depot, Safeway, Dollarama, Homesense and Shoppers Drug Mart. The brand-new Coronation Sports and Recreation Centre and fully renovated Peter Hemingway Leisure Centre are both a 5-minute drive from the Property. Opening in early 2026, this community and sports hub will feature a swimming pool, fitness centre, sports courts, Velodrome, running track and spin studio.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Each unit includes full appliance packages, in-suite laundry, and spacious, efficient layouts. High-quality finishes are chosen to attract premium rents while reducing ongoing maintenance costs. Functional design helps support rent stability. Additional tenant amenities include covered garage parking, private decks, and fenced yard areas.
- Fully Equipped Luxury Suites
- High-Leverage Financing Opportunity
- Prime Central Location
- Strong Market Rentability
- The Property offers an opportunity for purchasers to secure high leverage MLI Select financing, up to 95% LTV with a 50-year AM, resulting in an equity requirement of less than $150,000. The Vendor has agreed to allow the purchaser to conduct the lease-up themselves, providing the purchaser full control to achieve their own market rents, optimizing long-term yield.
- The Property offers excellent walkability and transit access to central Edmontons key employment and retail districts. Nearby schools, parks, and community services support strong appeal among family-oriented tenants. The Property is within a 5-minute drive to Edmonton's key districts such as Kingsway Mall, Royal Alex Hospital, and Downtown Edmonton.
- The Propertys new construction, efficient suite mix, and central infill location enable it to achieve top-of-market rents. These attributes support strong lease-up performance and long-term yield by enhancing tenant retention and minimizing turnover.
False
Contacts
Avison Young
Avison Young
Avison Young
Avison Young
Avison Young
Location
Getting Around
-
Walk Score ®
85/100
Very Walkable
-
Transit Score ®
56/100
Good Transit
-
Bike Score ®
57/100
Bikeable
- City Edmonton, AB
- Neighborhood Inglewood
- Postal Code 501
Points of Interest
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Edmonton
0.71 miles
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NAIT/Blatchford Market
1.24 miles
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Blatchford Gate station
1.28 miles
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Blatchford Gate
1.28 miles
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Kingsway/Royal Alex
1.77 miles
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Jasper Plaza
2.43 miles
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Corona
2.47 miles
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Bay/Enterprise Square Station
2.58 miles
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102 Street
2.60 miles
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Government Centre Station
2.66 miles
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Shell
0.27 miles
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Domo
0.43 miles
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Canadian Tire
0.55 miles
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Esso
0.55 miles
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Circle K
0.68 miles
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Petro-Canada
0.75 miles
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7-Eleven
1.07 miles
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Hughes
1.13 miles
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Edmonton Public Library
1.42 miles
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FLO
4.86 miles
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Police Seized Vehicle Storage Lot
0.67 miles
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ImPark
1.18 miles
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Alberta Motor Association
1.33 miles
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A/B Parkade
1.33 miles
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Restaurant Parking
1.57 miles
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M Parkade
1.63 miles
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Private parking garage
1.73 miles
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Glenora Childcare Society
1.74 miles
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Impark Lot #478
1.90 miles
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Building 10
1.97 miles
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Chateau Nova Hotel & Suites
0.50 miles
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Edmonton Inn
0.61 miles
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Ramada
0.67 miles
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Chateau Louis
0.73 miles
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Chateau Nova
1.21 miles
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Best Western City Centre Inn
1.34 miles
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New West Hotel
1.87 miles
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Aurora Motel
1.93 miles
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Royal Western Motel
2.04 miles
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Aladdin Motel
2.18 miles
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Zembaba 2
0.05 miles
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Burger Baron
0.08 miles
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Thamel Bistro
0.11 miles
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Friendship Corner
0.12 miles
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Chandler's The Tea Shoppe
0.13 miles
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McDonald's
0.16 miles
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Awash Ethiopian Restaurant
0.37 miles
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Subway
0.42 miles
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The Pantry Restaurant
0.51 miles
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Bravo Pizza & Kitchen
0.51 miles
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Inglewood Elementary School
0.26 miles
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Learning Store at Circle Square
0.45 miles
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M A C Islamic School
0.48 miles
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St Pius X Catholic Elementary School
0.56 miles
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Prince Charles School
0.60 miles
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Aurora Charter School
0.60 miles
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Yellowhead Youth Centre
0.65 miles
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St. Mark Junior High School
0.65 miles
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Coralwood Adventist Academy
0.71 miles
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Westmount Junior High School
0.77 miles
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Curious Learners
0.82 miles
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First Step Daycare and Afterschool
2.18 miles
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Kids3 Daycare
2.28 miles
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Eduplay Academy Daycare & Out of School Care
2.29 miles
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McCauley Community Daycare
2.35 miles
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McCauley After School Care
2.37 miles
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Little Scholars Childcare
2.46 miles
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Roots Childcare Centre
2.71 miles
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The Masterminds
2.96 miles
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The Learning Seed Daycare
2.98 miles
Frequently Asked Questions
The space currently listed for sale at Inglewood 8-Plex asks for $2,450,000.
Inglewood 8-Plex totals 7,496 square feet.
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