149 MILLBOURNE Road E
Edmonton, AB T6K 0N1Southeast Edmonton
Listing Agent: Adrian Nedelec
Brokerage: Exp Realty
Description
Rare opportunity to acquire a purpose-built 9-unit townhouse complex in the established community of Lee Ridge. Each unit offers 3 spacious bedrooms, appealing to long-term family tenants and ensuring strong rental demand. The property is strategically located with direct access to major arteries including 97 Street, Whitemud Drive, Anthony Henday, 66 Street, 34 Avenue, and 75 Street, placing it minutes from Mill Woods Town Centre, Costco, Southgate Mall, South Edmonton Common, Grey Nuns Hospital, and the Mill Woods Rec Centre. Units 109, 151, and 153 have been renovated, while others present upside for future value-add improvements. Fully tenanted with reliable cash flow and supported by ample on-site parking, this asset combines stability with growth potential in one of Southeast Edmonton’s most connected neighbourhoods.Unit Counts:Studio Apts: 0Bachelor Apts: 01 Bedroom Apts: 02 Bedroom Apts: 03 Bedroom Apts: 94+ Bedroom Apts: 0Other Units: 0Other Property Types: Multi-FamilyOwnership Interest: Condo P
Property Overview
Interior Details
Exterior Details
Parking
Heating & Utilities
Community & Location
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Estimated Monthly Payment
Loan Amount
$1,759,920
Total Interest
$-1,759,920
*This estimate does not include property taxes, insurance, or heating costs.
Quick Tip: A higher down payment reduces your monthly cost and the total interest paid over the life of your mortgage. In Canada, down payments less than 20% usually require mortgage default insurance (CMHC).
Listing Information
Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.
Listing information last updated on April 4, 2026 at 7:06 a.m. MST.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Location & Nearby Amenities
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Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.