Description

Park Square (the “Property” and/or the "Offering") presents a premier opportunity to acquire an exceptional, 16-storey residential high-rise featuring 158 well-appointed suites. Rising above the city at 10001 Bellamy Hill Road NW, the tower showcases stunning, panoramic views of the scenic Edmonton River Valley and the dynamic downtown skyline.

The Property perfectly blends urban convenience with natural beauty. Residents enjoy a highly connected lifestyle, supported by excellent on-site amenities and a location that is steps away from Edmonton’s downtown core, the premier ICE District, rapid transit links, and diverse retail and dining options.

Park Square is being offered with no established asking price. Existing financing must be assumed by a Purchaser. Offers will be evaluated as they are received, though the Vendor reserves the right to set a formal call-for-offers deadline at a later date. For more information, please reach out to the Advisory Group.

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Attributes

Year built

1975

Building area gross

13,515 m²

Number of floors

Number of units

158

Parking spaces

191

Media

Investment Highlights

The Offering is comprised of 155 two-bedroom suites and three Studio suites, totalling 158 residential rental suites. All two-bedroom suites feature two-baths.
Generously proportioned residences featuring cozy studio suites from 272 to 497 square feet (“SF”), and expansive two-bedroom layouts ranging from 850 to 1,050 SF.
Outstanding features including an upgraded lobby entrance, state-of-the-art fitness centre, a scenic rooftop lounge, a fully furnished social room, and ample storage facilities.
Stunning, panoramic views of the Edmonton River Valley.
Since December 2022, approximately $2 million has been invested in capital improvements.