149 MILLBOURNE Road E, Edmonton, Alberta T6K0N1
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
Property Specifications
Comprehensive breakdown of features and details.
Interior Details
Building & Exterior
Land & Location
Listing & Financials
Other Specifications
For Sale
$2,199,900
Beds
-
Baths
-
Living Area
11,961 sqft
Lot Size
24,759.504 sqft
Property Type
Multi-family
Year Built
1976