MJ Group is proud to present a 64-unit apartment building investment opportunity in the established community of Parkallen, South Edmonton, thoughtfully designed with modern living, functional layouts, and long-term rental performance in mind. This purpose-built multifamily development features contemporary architecture, efficient residential floor plans, and quality construction designed to accommodate a diverse tenant base. With its substantial scale and focus on operational efficiency, the project offers diversified rental income potential and an attractive opportunity for investors seeking long-term value in Edmonton’s multifamily housing market.

Parkallen is a mature and highly accessible residential neighbourhood in South Edmonton, known for its established community, tree-lined streets, and convenient proximity to major educational, healthcare, and employment destinations. Strategically located near 109 Street, 111 Street, 61 Avenue, and Calgary Trail, the community provides convenient connectivity to the University of Alberta, Southgate Centre, Downtown Edmonton, schools, parks, healthcare facilities, and public transit, including South Campus/Fort Edmonton Park LRT Station. Its desirable location and accessibility support rental appeal among students, professionals, families, and long-term renters.

This 64-unit purpose-built apartment development presents an attractive large-scale multifamily investment opportunity, combining modern residential construction, efficient property management potential, and a strategic South Edmonton location. With proximity to the University of Alberta, major employment centres, established amenities, and transportation corridors, the project offers investors the potential for consistent rental income, stable occupancy, and long-term capital appreciation in one of Edmonton’s well-connected residential markets.