Courtesy Of Adrian Nedelec Of Exp Realty

149-153 Millbourne Road, Edmonton, AB

$2,199,900

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About 149-153 Millbourne Road

Rare opportunity to secure a purpose-built, 9-unit townhouse complex in Lee Ridge, Edmonton. Situated on a massive 24,760 sqft corner lot with ample parking stalls, each unit is individually titled and separately metered, offering future flexibility. All townhomes feature 3 large bedrooms, ideal for attracting stable, long-term tenants. Units 109, 151, and 153 have been updated, with others primed for value-add improvements. Well-located with direct access to 97 Street, Whitemud Drive, Anthony Henday, and the South Valley LRT line, providing strong connectivity to major employment hubs. Fully tenanted and cash flowing, this asset presents a solid blend of income stability and upside potential in one of Southeast Edmonton’s most accessible rental corridors.

Features of 149-153 Millbourne Road

MLS® # E4455712
Price $2,199,900
Bathrooms 0.00
Acres 0.00
Year Built 1976
Type Multi-Family Commercial
Status Active

Community Information

Address 149-153 Millbourne Road
Area Edmonton
Subdivision Lee Ridge
City Edmonton
County ALBERTA
Province AB
Postal Code T6K 0N1

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Suite No
Has Basement No

Exterior

Exterior Stucco, Vinyl, Wood Frame
Roof Asphalt Shingles
Construction Stucco, Vinyl, Wood Frame

Additional Information

Date Listed September 2nd, 2025
Days on Market 2
Zoning Zone 29
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Adrian Nedelec Of Exp Realty

Listing Map