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149 MILLBOURNE Road E
Edmonton Alberta T6K0N1 Canada

$2,199,900

Active Listing ID 43690189
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11,961 square feet
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Multi-family

$2,199,900

Active Listing ID 43690189
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149 MILLBOURNE Road E Rare opportunity to acquire a purpose-built 9-unit townhouse complex in the established community of Lee Ridge. Each unit offers 3 spacious bedrooms, appealing to long-term family tenants and ensuring strong rental demand. The property is strategically located with direct access to major arteries including 97 Street, Whitemud Drive, Anthony Henday, 66 Street, 34 Avenue, and 75 Street, placing it minutes from Mill Woods Town Centre, Costco, Southgate Mall, South Edmonton Common, Grey Nuns Hospital, and the Mill Woods Rec Centre. Units 109, 151, and 153 have been renovated, while others present upside for future value-add improvements. Fully tenanted with reliable cash flow and supported by ample on-site parking, this asset combines stability with growth potential in one of Southeast Edmonton’s most connected neighbourhoods.Unit Counts:Studio Apts: 0Bachelor Apts: 01 Bedroom Apts: 02 Bedroom Apts: 03 Bedroom Apts: 94+ Bedroom Apts: 0Other Units: 0Other Property Types: Multi-FamilyOwnership Interest: Condo Property, PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Adrian NedelecAppointment Phone: 780-966-4471Paragon Listing ID: E4455712 (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Additional Features
  • Basement
Listing Changed: 12/23/2025 1:35:39 AM GMT
Source Updated Date: 12/25/2025 4:05:50 PM GMT

Courtesy of: Adrian Nedelec, Associate, Exp Realty