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Concord Tower near University of Alberta sold for $12 million

The 101-unit tower is an iconic residential building in the Garneau neighbourhood
concord tower
 
Price: $12,000,000
No. of Units: 101
Price/Unit: $118,811
Property Type: Multi-family
Date of Sale: 03/01/2017
City: Edmonton
Province: Alberta
Name of Brokerage: CBRE Edmonton 
 
Concord Tower adjacent to the University of Alberta has sold for $12 million, The National Apartment Group of CBRE Edmonton reports. 
 
 The residential tower is in Edmonton’s south side Garneau neighbourhood, near trendy Whyte Avenue shopping and eateries. The tower has 101 units and sold for approximately $118,811 per door. The sale closed at the beginning of the month. 
 
Concord Tower is located at 11147 82 Ave., Edmonton. 
 
 

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