What is the asking price for Rivervalley Townhomes & Land?

The lease rate for space here is $60,600,000.

What is the total size of Rivervalley Townhomes & Land?

The property has a total size of 18.48 Acres.

How many parking spaces are available at Rivervalley Townhomes & Land?

Parking information for the property isn't currently listed. However, other nearby parking options include Gold Bar Park, located 1.09 miles away , and Wally Footz Field Parking Lot, which is 2.71 miles away.

4519 101a Avenue NW, Edmonton, AB T6A 0L3

For Sale $60,600,000
Property Type Other
Property Size 804,988.8 SF
Units 216
Date Updated Oct 15, 2026

Description

Gold Bar is an established east Edmonton community bordered by the North Saskatchewan River valley, with mature tree cover, quiet interior streets and predominantly low-density housing. Gold Bar School (K-6) is within walking distance of the Site, Hardisty School (K-9) serves the Gold Bar, Capilano and Fulton Place neighbourhoods, and McNally High School sits nearby in Forest Heights. Capilano Mall, the established retail node for east Edmonton, sits just west of the Site at 50 Street and 98 Avenue, anchored by Walmart Supercentre, Safeway and Winners, with the Hardisty Fitness and Leisure Centre adjacent to Hardisty School.

Gold Bar Park and the Gold Bar Ravine border the neighbourhood to the south and east, giving residents direct access to the river valley trail network and a pedestrian bridge crossing to Rundle Park. Capilano Transit Centre, behind Capilano Mall, is a short walk west and provides efficient connectivity throughout the city. The Site is well connected to Edmonton’s major arterial network, with efficient access to Anthony Henday Drive and Yellowhead Trail, and a 10 minute drive to the downtown core.

Highlights

A purchaser can pursue near-term development, hold the land for future appreciation, develop individual components over time, or potentially monetize the parcel separately from the residential portfolio.
A substantial 200+ unit townhome community offering immediate operating scale and a meaningful foothold in the Edmonton multifamily market
A substantial standalone development parcel adjoining the townhome community, providing a purchaser with meaningful additional scale and long-term flexibility.
APPROXIMATELY 6 ACRES OF STRATEGIC DEVELOPMENT LAND
COMPELLING RETAIL FUNDAMENTALS
INSTITUTIONAL QUALITY, EXCEPTIONALLY MAINTAINED
Long-term institutional grade ownership is reflected in the quality of the asset, with a strong overall pride of ownership throughout the community.
MAJOR CAPITAL WORK COMPLETED
MULTIPLE DEVELOPMENT & EXIT STRATEGIES
Offered free and clear of existing debt, providing purchasers with maximum flexibility to implement a new financing strategy including high leverage MLI Select.
RARE SCALE & CRITICAL MASS
Strong daily traffic volumes, prominent exposure and the surrounding residential population create an attractive foundation for convenience-oriented retail, service commercial and other neighbourhood serving uses.
The Vendor has taken a proactive approach to capital planning, addressing necessary work as items were identified rather than deferring. Capital expenditures over the last five years have totalled $2,300,000, allowing a purchaser to focus on operations rather than near-term capital planning.
UNENCUMBERED FINANCING OPPORTUNITY