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11228 86 St NW
Edmonton Edmonton T5B 3H8

$22,500,000
Multi-Family Commercial

Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
45232125
* Sold date and price are as reported on the RAE’s MLS® system
Institutional-Quality Multi-Family Asset Near Edmontons Downtown CoreCompleted in 2024, this exceptional purpose-built multi-family residential property presents a rare opportunity to acquire a modern, institutional-quality asset in the rapidly evolving and highly accessible Parkdale neighborhood. Designed to capitalize on the soaring demand for modern urban rental living, the 6-story building offers 55,058 square feet of rentable residential area across a well-balanced, high-density suite mix. The property features a total of 78 residential units, including:6 Efficient Bachelor (Studio) units60 Spacious One-Bedroom units6 Two-Bedroom units6 Three-Bedroom unitsBuilt with contemporary architecture, premium finishes, in-suite laundry, and efficient modern building systems, the asset is engineered for low long-term operational costs while delivering an elevated living experience for residents. The property also includes 39 total parking stalls (consisting of 13 surface stalls and 26 secure underground stalls
Property Type:
Multi-Family Commercial
Transaction Type:
For Sale
Price Per SqFt:
$408.66
Taxes:
Lot Area:
23,043 sq. ft.
Year built:
2024 (Age: 2)
Bathrooms:
- (Full:-/Half:-)
Parking Space(s):
39
Association Fee Frequency:
Association Fee Amount:
Days On Website:
17 day(s)
Courtesy of Jaz S Sandhu of Royal Lepage Magna
Data was last updated July 27, 2026 at 09:30 AM (UTC)
Data last updated on July 27, 2026 at 09:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.