Amherst Apartments
Edmonton, Alberta
Building
Stats
- Property Type Multifamily - Low-Rise/Garden
- Building size (SF) 22,464
- Price $2,415,000 CAD
Overview
Located in the heart of Westwood, within a 15-minute drive to NAIT, Kingsway Mall, Royal Alexandra Hospital, MacEwan University, and the ICE District. Westwood’s amenities and convenient location have made it an attractive neighbourhood for young professionals and families. Within close proximity to the NAIT LRT Line, Amherst offers its residents quick access to the rest of the city.
Amherst is surrounded by a diverse mix of residential builds including single-family homes, townhomes, and apartments. As the prices for single-family homes continue to outpace wage increases, demand has shifted towards affordable rentals that provide convenient lifestyles. Low-rise assets like Amherst, continue to capture the largest share of investor interest in recent periods. This can be attributed to their strong occupancy levels and ability to provide future NOI upside.