Raymond Block
Edmonton, AB
The Offering
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has been retained on an exclusive basis to bring Raymond Block to market. The Property is being offered with a LIST PRICE of $51,900,000. Offers and expressions of interest to purchase Raymond Block will be dealt with as received.
Raymond Block offers investors an opportunity to acquire a newly built, concrete multi-residential building in the heart of Old Strathcona, one of Edmonton’s most prominent and historic neighbourhoods. Raymond Block is comprised of 105 modern rental suites and residential amenities along with over 30,000 sf of commercial retail and office space. The six-storey concrete asset also provides immediate access to the University of Alberta, state-of-the-art medical facilities, entertainment, trendy retail and transportation options. Residential suites are set back from the vibrant Whyte Avenue for added privacy, while retail and office spaces maintain the streetscape and heritage of Old Strathcona. Residential suites feature expansive windows and wide balconies with panoramic views of the unmistakable Edmonton skyline.
Investment Highlights
○ Resident-only secured entrance providing a quiet access point into the stunning, industrial-chic lobby
○ Fitness suite finished with new equipment creating an elevated workout experience while in the comfort of your home
○ Spacious outdoor lounge area and patio ideal for entertaining guests and residents
○ Heated underground parkade ensuring security of vehicles and bicycles
