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Multifamily

University 114

Edmonton, AB

132 Units

Built in 2023

Core

Investment Highlights

  • University 114 boasts an unmatched location adjacent to the University of Alberta, ensuring a consistent demand for rental units driven by a steady influx of students, faculty, and healthcare staff.
  • The suites are well-designed with luxury features like stainless steel appliances, LED lighting, and luxury vinyl-plank flooring.
  • The Property gained occupancy in 2024 and quickly stabilized, with considerable rent increases on turnover. University 114 benefits from existing CMHC MLI Select financing that is ready for assumption

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