10315 120 Avenue, Edmonton, AB, T5G 0S4

Commercial For Sale In Westwood, Edmonton, Alberta

$900,000

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10315 120 Avenue, Edmonton, AB, T5G 0S4

$900,000

Property Information:

$155k of upgrades and reno’s in the last 7 years. 6 plex Corner Lot 45.7 x 15.2 SQM 100% occupancy for the last 8 years. Current market rates present potential to increase profit / cap rate by up to 25%.Current rent rates may be attractive for CMHC MLI Select financing. All tenants are month to month. Close to NAIT, Royal Alex Hospital, Blatchford and the Future LRT. Major upgrades include parking/sidewalk (3 years), boiler (3 years), hot water tank (4 years), exterior paint (4 years), balconies (4 years), main doors (5 years), roof repairs (2 years), a new mail lockbox, security system, and additional storage space. Five of the six suites have been renovated, and the heating and security systems can be controlled remotely by the new owner. Current rents are $1,100 for two-bedroom units and $900 for one-bedrooms(never raised for years) plus Laundry revenue which can be raised as well.

Property Features:

Built in: 1972
Floor Space (approx): 5829 Square Feet
Zoning: Zone 08

Courtesy of: MaxWell Challenge Realty

Data was last updated 2024-12-19 at 15:25

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the REALTORS® Association of Edmonton. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Information deemed reliable but not guaranteed.

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Location of 10315 120 Avenue, Edmonton, AB, T5G 0S4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

35/100

Moderate-Low

ClimateCheck®

Current data

This property, 10315 120 Avenue , experiences 7 hot days per year at around 28.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 32.2 degrees Celsius.

Projected Avg. Temperature

Past

28.6℃

2050

32.2℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

22/100

Moderate-Low

ClimateCheck®

Current data

This property, 10315 120 Avenue , experiences 10 significant 2-day storms per year, with about 195.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 211.5mm of precipitation per year.

Precipitation Per Storm

Past

195.6mm

2050

211.5mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 10315 120 Avenue, Edmonton, AB, T5G 0S4

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$68,701.33

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.61 %

High school certificate or equivalent

32.43 %

Apprenticeship trade certificate/diploma

7.19 %

College/non-university certificate

18.74 %

University certificate (below bachelor)

0.65 %

University Degree

17.37 %

Commuter

Travel To Work

By Car

69.88 %

By Public Transit

20.07 %

By Walking

4.26 %

By Bicycle

0.0 %

By Other Methods

5.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

70.52 %

Houses

29.48 %

Own Vs. Rent

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Property Information:

Property Features:

Location of 10315 120 Avenue, Edmonton, AB, T5G 0S4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 10315 120 Avenue, Edmonton, AB, T5G 0S4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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