Cushman & Wakefield Edmonton is independently owned and operated / A Member of the Cushman & Wakefield Alliance. No warranty or representation express or implied is mad to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property for properties in question. December 16, 2019
Cushman & Wakefield EdmontonSuite 2700, TD Tower10088 102 AvenueEdmonton, AB T5J 2Z1 cwedm.com
FOR SALE
NET ZEROTRIPLEX
12210 - 12214 122 AVENUE NW, EDMONTON, AB
Brandon KuhnAssociate 780 916 9671 [email protected]
FULLY RENTED
PROPERTYHIGHLIGHTSHistorical vacancy at effectively 0%, highly attractive suites lease up immediately
Each unit is three bedrooms and two bathrooms, plus non-conforming and self-contained one bedroom basement suites
All units are fully leased
Detached garage with three single car units on site Located in the neighbourhood of Prince Charles, a popular area due to its central location and recent surge in new infill development
Nearby access to Yellowhead Trail, Kingsway Avenue, Groat Road/St. Albert Trail, and trendy 124 Street
This mature neighbourhood benefits from its proximity to the Downtown core, Kingsway Mall, NAIT, The Royal Alexandra Hospital, and several schools
Adjacent to Blatchford, one of Edmonton’s newest central communities which will be home to roughly 30,000 residents
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CONSTRUCTIONHIGHLIGHTS
Certified Net Zero building with the proper accompanying labeling
obtained from Natural Resources Canada
Built by a CHBA 2019 Awards of excellence in housing finalist, CHBA Net
Zero home builder, and member of the Net Zero Energy Housing
Council of Canada
Detached three car garage with infrastructure in place for electric
vehicle chargers
Micro inverter solar panel system installed at the property
generates the same energy as is consumed by the
building, and comes with a 25 year warranty
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All suites utilize HRV units and are heated with a combination of in-line
heaters, air source heat pumps, fan coils and heating units, resulting in
superior air quality and comfort
The building’s high efficiency envelope boasts an air tightness rating of less
than 1.0 ACH and has and Energuide efficiency rating of 0 GJ
Superior spray foam insulation, premium upgraded triple pane windows, LED
lighting and energy star appliances are all featured in the building’s construction
Due to the high level of construction and finishing, the lifespan of the property is
estimated at 100 years, far exceeding that of a typical residential structure,
requiring minimal future maintenance
PROPERTYDETAILS
address12210 - 12214 122 Avenue,
Edmonton, AB
legal descriptionCondo Plan 1722861, Units 1, 2, & 3
zoningRF3 - Small Scale Infill Development
neighbourhoodPrince Charles
lot size7,015 SF
year built2017
price$1,500,000.00
cap rate5.04%
PROPERTYPHOTOS