Rare opportunity to secure a purpose-built, 9-unit townhouse complex in Lee Ridge, Edmonton. Situated on a massive 24,760 sqft corner lot with ample parking stalls, each unit is individually titled and separately metered, offering future flexibility. All townhomes feature 3 large bedrooms, ideal for attracting stable, long-term tenants. Units 109, 151, and 153 have been updated, with others primed for value-add improvements. Well-located with direct access to 97 Street, Whitemud Drive, Anthony Henday, and the South Valley LRT line, providing strong connectivity to major employment hubs. Fully tenanted and cash flowing, this asset presents a solid blend of income stability and upside potential in one of Southeast Edmonton’s most accessible rental corridors.
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
