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149 MILLBOURNE Road E, Edmonton, Alberta, T6K 0N1

MLS® # 43690189
Investment For Sale In Lee Ridge, Edmonton, Alberta
$2,199,900
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  • Advertising
149 MILLBOURNE Road E, Edmonton, Alberta, T6K 0N1
$2,199,900

Property Information:

Rare opportunity to acquire a purpose-built 9-unit townhouse complex in the established community of Lee Ridge. Each unit offers 3 spacious bedrooms, appealing to long-term family tenants and ensuring strong rental demand. The property is strategically located with direct access to major arteries including 97 Street, Whitemud Drive, Anthony Henday, 66 Street, 34 Avenue, and 75 Street, placing it minutes from Mill Woods Town Centre, Costco, Southgate Mall, South Edmonton Common, Grey Nuns Hospital, and the Mill Woods Rec Centre. Units 109, 151, and 153 have been renovated, while others present upside for future value-add improvements. Fully tenanted with reliable cash flow and supported by ample on-site parking, this asset combines stability with growth potential in one of Southeast Edmonton’s most connected neighbourhoods.Unit Counts:Studio Apts: 0Bachelor Apts: 01 Bedroom Apts: 02 Bedroom Apts: 03 Bedroom Apts: 94+ Bedroom Apts: 0Other Units: 0Other Property Types: Multi-FamilyOwnership Interest: Condo Property,PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Adrian NedelecAppointment Phone: 780-966-4471Paragon Listing ID: E4455712 (id:27)

Building Features:

  • Floor Space: 11961 sqft

Property Features:

  • Property Type: Multi-family
  • Built in: 1976
  • Floor Space (approx): 11961 Square Feet
  • Irregular: Yes
  • Lot Size: 24759.50 Square Feet

Courtesy of: Exp Realty

REALTOR.ca  

Location of 149 MILLBOURNE Road E, Edmonton, Alberta, T6K 0N1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

35/100

Moderate-Low

ClimateCheck®

Current data

This property, 149 MILLBOURNE Road E , experiences 7 hot days per year at around 28.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 32.1 degrees Celsius.

Projected Avg. Temperature

Past
28.5℃
2050
32.1℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

23/100

Moderate-Low

ClimateCheck®

Current data

This property, 149 MILLBOURNE Road E , experiences 10 significant 2-day storms per year, with about 197.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 214.1mm of precipitation per year.

Precipitation Per Storm

Past
197.6mm
2050
214.1mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 149 MILLBOURNE Road E, Edmonton, Alberta, T6K 0N1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,507.30

Average Number of Children

2.10

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.16 %

High school certificate or equivalent

28.7 %

Apprenticeship trade certificate/diploma

9.74 %

College/non-university certificate

17.99 %

University certificate (below bachelor)

0.74 %

University Degree

20.68 %

Commuter

Travel To Work

By Car

81.64 %

By Public Transit

11.02 %

By Walking

3.76 %

By Bicycle

0.0 %

By Other Methods

3.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.72 %

Houses

89.28 %

Own Vs. Rent