Commercial Real Estate in South available for sale
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Multifamily Property for Sale near South

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South Multifamily Property for Sale

More details for 1665 Jamha Rd NW, Edmonton, AB - Multifamily for Sale

Pine Creek Manor - 1665 Jamha Rd NW

Edmonton, AB T6L 0B2

  • Multifamily for Sale
  • 185,476 SF
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Edmonton Multifamily for Sale - South

Pine Creek Manor offers investors a rare opportunity to acquire a stabilized, modern multifamily asset in one of Edmonton’s fastest-growing submarkets. Located in Jackson Heights within Mill Woods, this 174-unit complex spans two four-storey buildings on a 4.6-acre site, completed in 2018. The property features a highly desirable suite mix, with 99.5% of units configured as spacious two-bedrooms—many exceeding 900 SF—designed to attract long-term family tenants seeking comfort, convenience, and community. Each unit is equipped with in-suite laundry, air conditioning, quartz countertops, stainless steel appliances, and private balconies or patios. The buildings offer secure keyless entry, intercom systems, and 24-hour video surveillance. With 289 energized surface parking stalls, the property boasts a strong parking ratio of 1.66 stalls per unit. Strategically positioned near Whitemud Drive and 50th Street, Pine Creek Manor provides seamless access to major commuting routes, including Anthony Henday Drive and Gateway Boulevard. Residents benefit from proximity to the Mill Woods Recreation Centre, Grey Nuns Hospital, Mill Woods Town Centre, and the Valley Line West LRT. The surrounding area is rich in retail, dining, and educational amenities, supporting tenant retention and rental growth. The Southeast Edmonton submarket is experiencing rapid population growth, driven by immigration and family demographics. With a submarket vacancy rate of just 2.9% and average two-bedroom rents at $1,776, Pine Creek Manor is well-positioned to deliver strong yield and long-term capital appreciation. Edmonton’s lack of rent control and rising demand for purpose-built rentals further enhance the investment appeal.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2025-09-30
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Multifamily Properties for Sale Within 5 kilometers of South

LoopNet Canada Alberta Edmonton Multifamily Properties For Sale in South, Edmonton, Canada

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Multifamily Properties for Sale in South

View All Available Listings
How many multifamily properties are available for sale in South?
There are currently 3 multifamily properties available for sale in South, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in South?
The average size of multifamily properties available for sale in Edmonton is about 85,224 SF. The largest multifamily properties available to buy is 185,476 SF and the smallest is 5,716 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for multifamily properties in South?
The average market cap rate for multifamily properties for sale is about 5.41% based on data provided in South. Learn more about how cap rates are calculated.
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