Rare opportunity to acquire a purpose-built 9-unit townhouse complex in the established community of Lee Ridge. Each unit offers 3 spacious bedrooms, appealing to long-term family tenants and ensuring strong rental demand. The property is strategically located with direct access to major arteries including 97 Street, Whitemud Drive, Anthony Henday, 66 Street, 34 Avenue, and 75 Street, placing it minutes from Mill Woods Town Centre, Costco, Southgate Mall, South Edmonton Common, Grey Nuns Hospital, and the Mill Woods Rec Centre. Units 109, 151, and 153 have been renovated, while others present upside for future value-add improvements. Fully tenanted with reliable cash flow and supported by ample on-site parking, this asset combines stability with growth potential in one of Southeast Edmonton’s most connected neighbourhoods.
Address
149-153 MILLBOURNE RD E NW
List Price
$2,199,900
Property Type
Commercial Sale
Transaction Type
Sale
Area
Edmonton
Sub-Area
Lee Ridge
Year Built
1976
MLS® Number
E4455712
Listing Brokerage
Exp Realty
Postal Code
T6K 0N1
Zoning
Zone 29
Construction Materials
Stucco, Vinyl, Wood Frame
Roof
Asphalt Shingles
