Listing Presented by Raynell Penner, Agent with   (780) 238-0300
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Contact:Raynell Penner, Agent

Mobile:(780) 238-0300
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MLS®#: E4286275 $7,600,000 9662 82 Avenue Edmonton AB T6C 1A1
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Description: Welcome to the 97 ? an homage to one of the greats!! Located on trendy & historic Whyte Avenue with views of the downtown skyline and Millcreek ravine! 24 large residential 2 bedroom units featuring incredible luxury! The 97 has been built to the highest of condominium standards such as - Modern stucco and long board exterior, Huge private balconies with gas line for BBQs, In-suite laundry, Central Air Conditioning, Upgraded cabinetry/plumbing/lighting fixtures, contemporary finishes and Quartz countertops throughout. Underground parking and Future LRT access at your front door! The building is fully leased and professionally managed by Ayre & Oxford. Alberta leads the nation in GDP growth 2022. Buyers would consider the following; Potential condominium conversion exit plan with ~$10M sellout, Potential assumption of ~$5.1M mortgage at decades low interest rate of 1.8% fixed for next ~9 years(saving buyer ~$800k of interest vs current commercial rates over balance of ~9 year remaining term). Act fast!
Property Type:
COMMERCIAL
Property Sub-Type:
Multi-Family Commercial
Area:
Edmonton
Year Built:
2018
Age:
4
Total Units:
24
Lot Square Feet:
13024.00
Zoning:
RA9
Courtesy of:
Homes & Gardens Real Estate Limited
Bill Reid, Associate