DEAL | An eight-year-old mixed-use multi-family development at 12847 50 Street NW, Edmonton, sold Oct. 16 for $16.2 million. The list price was $18.6 million. The property features 66 residential units and eight commercial bays totalling 19,300 square feet. Situated in an area historically undersupplied with purpose-built rental, the sale price averaged $219 per square foot, well below the replacement cost of $252 per square foot.
PRICE | $16,187,500
FROM | Amit Grover, Avison Young
