Skip to main content

Urban-High Street

The Pearl & The Quest Condos

11961 Jasper Ave/ 10358 105 Street, Edmonton, AB T5K 0P1

Listing Price: $4,546,000

Cap Rate
5.75%
Gross SF
5,577
Rentable SF
5,577
Price/Gross SF
$815.13
Lot Size
1.25 acres
Year Built
2010

Investment Overview

Rare opportunity to purchase Eight fully leased retail investment condo units in Edmonton’s Central core. The Pearl Tower offers purchasers the ability to own Five Retail Condo Units that combine to make up 5,577 SF along with Two Underground Parking Stalls within the building. The Quest Tower allows purchasers to own Three Retail Condo Units that add up to 3,182 SF. Both towers have boutique, high-end residential units that provide a built-in customer pool for the main floor commercial tenants. Surrounded by numerous complementary shops and restaurants servicing the cities core, the leasable units benefit from by being located within densely populated areas and busy streets filled with pedestrians, cyclists and commuters.

Investment Highlights

  • Unique Investment Opportunity To Purchase Five Retail Condo Units And Two Parking Stalls Within The Pearl and Three Retail Condo Units Within The Quest
  • Jasper Avenue And 104 Avenue Exposure Allows For Excellent Walkability And An Abundance Of Retail, Restaurant, And Service Amenities All Within Close Proximity
  • High Daytime Exposure To Both Towers Allows For A Mix Of Demographics With An Amazing Walkscore Of 82 and 91, Respectively

Exclusively Listed By

Urban-High Street

The Pearl & The Quest Condos

Listing Price: $4,546,000

Cap Rate
5.75%
Gross SF
5,577
Rentable SF
5,577
Price/Gross SF
$815.13
Lot Size
1.25 acres
Year Built
2010

Investment Highlights

  • Unique Investment Opportunity To Purchase Five Retail Condo Units And Two Parking Stalls Within The Pearl and Three Retail Condo Units Within The Quest
  • Jasper Avenue And 104 Avenue Exposure Allows For Excellent Walkability And An Abundance Of Retail, Restaurant, And Service Amenities All Within Close Proximity
  • High Daytime Exposure To Both Towers Allows For A Mix Of Demographics With An Amazing Walkscore Of 82 and 91, Respectively

Investment Overview

Rare opportunity to purchase Eight fully leased retail investment condo units in Edmonton’s Central core. The Pearl Tower offers purchasers the ability to own Five Retail Condo Units that combine to make up 5,577 SF along with Two Underground Parking Stalls within the building. The Quest Tower allows purchasers to own Three Retail Condo Units that add up to 3,182 SF. Both towers have boutique, high-end residential units that provide a built-in customer pool for the main floor commercial tenants. Surrounded by numerous complementary shops and restaurants servicing the cities core, the leasable units benefit from by being located within densely populated areas and busy streets filled with pedestrians, cyclists and commuters.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower