2801 43 Av
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2801 43 Av
126 Unit Apartment Building $28,252,000 CAD ($224,222 CAD/Unit) Stony Plain, AB T7Z 0L5
Executive Summary
Entro Residential (the “Property) presents the opportunity to acquire a fully stabilized asset located in the
rapidly-growing town of Stony Plain. Despite volatility to Government of Canada bond rates, family offices,
syndication groups and private investors are flush with capital and are actively seeking larger, quality product
located in secondary markets. The combination of lower expenses and the rising cost of debt renders secondary
markets an appealing investment opportunity due to the heightened potential for increased
rapidly-growing town of Stony Plain. Despite volatility to Government of Canada bond rates, family offices,
syndication groups and private investors are flush with capital and are actively seeking larger, quality product
located in secondary markets. The combination of lower expenses and the rising cost of debt renders secondary
markets an appealing investment opportunity due to the heightened potential for increased
Property Facts
| Price | $28,252,000 CAD | Apartment Style | Mid Rise |
| Price Per Unit | $224,222 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 4.31 AC |
| No. Units | 126 | Building Size | 108,150 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2000 |
| Price | $28,252,000 CAD |
| Price Per Unit | $224,222 CAD |
| Sale Type | Investment |
| No. Units | 126 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 4.31 AC |
| Building Size | 108,150 SF |
| No. Stories | 4 |
| Year Built | 2000 |
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zoning
| Zoning Code | R8 (High Density District) |
| R8 (High Density District) |
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Power Broker Amit Grover -
Power Broker Jandip Deol -
Brandon Imada -
Tracy Olmos -
Avison Young
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