Jandip Deol Phone: +1 780 278 2791 Email: [email protected]

For questions about municipal activities such as zoning, land-use, permits, incentives
Hendrik Cuppen, Investment Attraction Coordinator, City of Edmonton 780-718-0030 | [email protected] https://www.edmonton.ca/business_economy/economic-investment

For questions about government programs and investing in Alberta Email: [email protected]

Building Overview

The Property is located in the Laurel community of Southeast Edmonton. This area is within The Meadows subdivision, which provides newly constructed recreational, commercial and outdoor amenities. In close proximity is Svend Hansen School (K-9) and the newly opened Dr. Francis Whiskeyjack High School. Another K-9 school is under construction in Aster.

Other essential amenities include the Meadows Recreation Centre, Edmonton Public Library, and an ETS Transit Centre. The nearby retail developments of Market at The Meadows and Tamarack Common are only 1km north of the property. These are anchored by Save-On-Foods, Shoppers Drug Mart, FreshCo and Dollarama.

The Meadows remains one of the only subdivisions within the Anthony Henday Ring Road remaining to be built out. The Property is only a 2 minute drive from Anthony Henday Drive and 10 minutes from Whitemud Drive.



  • Sought After Location
  • Situated in the community of the Meadows (Laurel), a fastgrowing southeast neighborhood that offers the luxury of suburban living with the convenience of nearby urban amenities. Within a 5 minute drive from 250,000 SF of commercial space.
  • Ideal Suite Mix
  • 1 and 2 bedroom units, with 73% being larger 2 bedrooms averaging 828 SF of living space. Ideal for the family oriented neighborhood of Laurel.
  • Efficient Mechanical Systems
  • Minimal landlord utility burden. Centralized forced air heating and cooling via split system throughout the suites and each of the bedrooms. All units also contain a domestic hot water tank. This system has a higher initial cost of installation, but provides long-term savings on energy bills.
  • Strong Rental Demand
  • With Southeast Edmonton experiencing high in-migration and limited rental supply, the Property is poised to attain a quick lease up as the summer season approaches. In Q4 of 2024, this sub-market experienced the lowest average vacancy in Edmonton at 2.9%.

Details
Available Space: 179660ft²
Price: Contact
Location Street Address: 2404 16 Avenue Northwest
Lease Type: direct
Space Types: Multifamily
Building Size Sf: 179660
Building Name: Laurent at Laurel
Property Types: Multifamily

Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 216 - Less than 1 km (High Load Corridor)
  • Highway 14 - 1.59 km (High Load Corridor)
  • Highway 628 - 4.98 km (High Load Corridor)
  • Highway Sherwood Park Freeway - 7.87 km
  • Highway 2 - 9.85 km (High Load Corridor)
Nearest hospital:
  • Grey Nuns Community Hospital - 4 km
Nearest airports:
  • International: Edmonton International Airport - 20.33km
Nearest powerlines:
  • AltaLink - 780L 138kv - 0.34 km
Nearest substations:
  • LAMBTON - Lambton , EPCOR - 6.33 km
  • BRETONA - 45S , AltaLink - 2.93 km
Nearest railways:
  • Canadian National, Class : Main - 2.63 km
Nearest gas franchise area:
  • ATCO Gas - City Of Edmonton
Nearest Power Plant:
  • South Edmonton Terminal (SET1), Enbridge Pipelines Inc. - 10.31 km
    Simple Cycle, 20 MW
Fibre Internet Availability:
  • Ready/Available
  • Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
Type Name Operated By Types of Products Shipped Distance
Intermodal CP Edmonton Intermodal Terminal Canadian Pacific
8.15 KM
Transload CP Edmonton Edmonton TFR
  • Steel
  • pipe
  • steel products
9.24 KM
Autoport CN Autoport Edmonton Canadian National
14.68 KM
Yard CN Rail Cloverbar Yard Canadian National
15.06 KM
Transload CP Edmonton Trendwood Limited
  • Forest products
15.02 KM
Highways
Airports
International
Regional
Local
Railways
Rail Stations
Powerlines
Substations
Irrigation

Community Economic Highlights: Edmonton, AB
...
Edmonton had a 5-year population growth rate of 15.97%, among the highest in Alberta
...
Covenant Health chose Edmonton to invest $250M in their Covenant Wellness Community project
...
Edmonton's workforce is specialized in Public Administration, Health Care and Social Assistance, and Finance and Insurance sectors

Community Economic Details: Edmonton, AB
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