The Station on Whyte
Edmonton, AB
The Offering
The Station on Whyte (hereinafter, the “Property”) offers investors an unrivaled opportunity to acquire a newer-generation, mixed-use asset that has been institutionally owned and managed since completion in 2013. Strategically located in the heart of vibrant Whyte Avenue, Edmonton’s main cultural hotspot, the Property beenfits from high visibility and immediate proximity to the city’s top retail, dining and entertainment destinations. Comprised of 105 modern residential suites and over 23,000 SF of main-floor retail, the Property is non-combustible, ensuring long-term reliability for investors.
The Station on Whyte is being offered For Sale with a LIST PRICE of $33,500,000.
At this time, offers will be reviewed on an as-received basis.
Investment Highlights
○ STRONG MARKET POTENTIAL: Edmonton’s housing market is on the upswing, driven by an influx of both international and inter-provincial immigration. With a tight market vacancy, the Station on Whyte can strategically increase rents to capitalize on this trend.
○ STRATEGIC LOCATION: Positioned on Whyte Avenue, the Property provides convenient access to the University of Alberta and Downtown Edmonton. This sought-after area boasts cultural attractions, dining options, and shopping opportunities.
○ NEWER GENERATION HIGH QUALITY ASSET: The Property was developed in 2013 as a purpose-built rental/mixed-use asset and has been institutionally owned and managed ever since.
○ DURABLE CONSTRUCTION: Built with non-combustible materials like steel and concrete, the asset ensures long-term reliability and consistent insurance projections.
○ IMMEDIATE REVENUE UPSIDE: The Property benefits from below-market residential rents, setting the stage for immediate revenue growth.
○ HIGH VISIBILITY: Occupying a highly visible location, the Property benefits from substantial vehicular and pedestrian traffic, enhancing its investment potential.
○ STRATEGIC LOCATION: Positioned on Whyte Avenue, the Property provides convenient access to the University of Alberta and Downtown Edmonton. This sought-after area boasts cultural attractions, dining options, and shopping opportunities.
○ NEWER GENERATION HIGH QUALITY ASSET: The Property was developed in 2013 as a purpose-built rental/mixed-use asset and has been institutionally owned and managed ever since.
○ DURABLE CONSTRUCTION: Built with non-combustible materials like steel and concrete, the asset ensures long-term reliability and consistent insurance projections.
○ IMMEDIATE REVENUE UPSIDE: The Property benefits from below-market residential rents, setting the stage for immediate revenue growth.
○ HIGH VISIBILITY: Occupying a highly visible location, the Property benefits from substantial vehicular and pedestrian traffic, enhancing its investment potential.
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