Valley Ridge Tower
Edmonton, AB
The Offering
Institutional Property Advisors, a division of Marcus & Millichap, is pleased to present for sale Valley Ridge Tower, a seven-storey, concrete multifamily property comprising 49 residential suites. The Property is strategically located within downtown Edmonton, overlooking the scenic river valley, with immediate access to Edmonton's key employment nodes, the Financial District and Government District, as well as some of Edmonton's best entertainment and dining options within the ICE District.
Valley Ridge Tower represents a premiere acquisition for investors looking to establish or expand their presence in a high-demand, central location with a quality concrete asset.
Investment Highlights
WELL-MAINTAINED WITH VALUE-ADD POTENTIAL
With over $680,000 in large capital improvements already completed, the Property presents a compelling revenue growth opportunity with future upside remaining through a targeted suite-renovation program and strategic rent elevation to maximize long-term returns.
ESTABLISHED OPERATIONS WITH STABLE CASH FLOW
Valley Ridge Tower has been institutionally managed and well-maintained for over a decade and boasts 98% occupancy as of May 2025 - demonstrating consistent performance and strong tenant demand.
PRIME URBAN LOCATION
Nestled on the edge of Downtown Edmonton and the North Saskatchewan River Valley, the Property benefits from desirable community amenities in a walkable neighbourhood, with quick access across the city via public transit and major connective roadways, placing residents at the centre of Edmonton's thriving cultural and business hub.
ATTRACTIVE & GROWING MAJOR MARKET
The Edmonton multifamily market is experiencing an upwards shift in trajectory: a record influx of new residents paired with tightening vacancy rates has allowed for the elimination of incentives and an increase in rents. The neighbourhood's forecast population growth of over 30% over the next four years positions Valley Ridge Tower as an excellent investment opportunity.
With over $680,000 in large capital improvements already completed, the Property presents a compelling revenue growth opportunity with future upside remaining through a targeted suite-renovation program and strategic rent elevation to maximize long-term returns.
ESTABLISHED OPERATIONS WITH STABLE CASH FLOW
Valley Ridge Tower has been institutionally managed and well-maintained for over a decade and boasts 98% occupancy as of May 2025 - demonstrating consistent performance and strong tenant demand.
PRIME URBAN LOCATION
Nestled on the edge of Downtown Edmonton and the North Saskatchewan River Valley, the Property benefits from desirable community amenities in a walkable neighbourhood, with quick access across the city via public transit and major connective roadways, placing residents at the centre of Edmonton's thriving cultural and business hub.
ATTRACTIVE & GROWING MAJOR MARKET
The Edmonton multifamily market is experiencing an upwards shift in trajectory: a record influx of new residents paired with tightening vacancy rates has allowed for the elimination of incentives and an increase in rents. The neighbourhood's forecast population growth of over 30% over the next four years positions Valley Ridge Tower as an excellent investment opportunity.
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