Deerwood Place

12003 139 Avenue Northwest, Edmonton, AB 531

  • For Sale $7,500,000
  • Property Type Other
  • Units 49
  • Additional Rent Contact for pricing
  • Date Updated Jan 12, 2025

The Property is located in the mature neighborhood of Carlisle. Surrounded primarily by single-family homes, it also neighbors the Pembina retail node, which includes Palisades Shopping Centre, North City Centre, and Skyview Centre, totaling 1,258,868 SF of commercial space. The increasing demand for new multifamily products in the Northwest region continues to compress vacancy to a historical market low.

Currently, Edmonton’s Northwest submarket has limited rental product. As demand continues to outpace new rental supply, vacancy rates have decreased by 1.0% from Q4 2022 to Q4 2023 in the Castledown region. Demand and value for affordable rental products are expected to increase as new migrants continue to enter Edmonton, putting upward pressure on rent rates. In Q4 2023, the Northwest experienced the largest quarterly rental rate increase at 8% to $1.95 PSF.

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Highlights

  • Three-building complex with an equal mix of walk-up and townhome style suites. Containing one, two and three bedroom options.
  • Property has been meticulously maintained throughout the years and has experienced minimal vacancy.
  • Situated adjacent to the Pembina retail node providing residents with 1,258,868 SF of commercial space.
  • Property includes 48 parking spots and 48 storage units benefitting family residents.

Contacts

broker
Jandip Deol

Avison Young

broker
Amit Grover

Avison Young

broker
Brandon Imada

Avison Young

broker
Tracy Olmos

Avison Young

Location

Getting Around

  • Walk Score ®

    60/100 Somewhat Walkable

  • Transit Score ®

    50/100 Good Transit

  • Bike Score ®

    32/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Edmonton, AB
  • Neighborhood Carlisle
  • Postal Code 531

Points of Interest

  • Edmonton

    1.58 miles

  • Blatchford Gate

    1.89 miles

  • Blatchford Gate station

    1.89 miles

  • NAIT/Blatchford Market

    2.54 miles

  • Kingsway/Royal Alex

    3.26 miles

  • Belvedere

    4.08 miles

  • Churchill

    4.28 miles

  • 102 Street

    4.30 miles

  • Corona

    4.35 miles

  • Bay/Enterprise Square Station

    4.38 miles

  • Mobil

    0.30 miles

  • 7-Eleven

    0.54 miles

  • FreshCo

    0.63 miles

  • Shell

    0.78 miles

  • Edmonton Public Library

    0.93 miles

  • Domo

    1.06 miles

  • Petro-Canada

    1.10 miles

  • Your Spot

    1.41 miles

  • Esso

    1.59 miles

  • FLO

    5.85 miles

  • Police Seized Vehicle Storage Lot

    1.58 miles

  • No Frills Parking Lot

    1.88 miles

  • Eaux Claires Park and Ride

    2.06 miles

  • A/B Parkade

    2.33 miles

  • O'Leary Parking Lot

    2.35 miles

  • Glengarry Arena Parking

    2.45 miles

  • OEM Remanufacturing parking lot

    2.49 miles

  • M Parkade

    2.52 miles

  • Alberta Motor Association

    2.85 miles

  • Kilkenny Community League Carpark

    3.35 miles

  • etoys house

    1.20 miles

  • Fairfield Inn & Suites

    1.52 miles

  • Rosslyn Inn & Suites

    1.54 miles

  • Chateau Nova

    1.85 miles

  • Hampton Inn & Suites

    2.10 miles

  • Chateau Nova Hotel & Suites

    2.23 miles

  • Edmonton Inn

    2.30 miles

  • Ramada

    2.31 miles

  • Chateau Louis

    2.46 miles

  • Emerald House

    2.81 miles

  • Boston Pizza

    0.14 miles

  • Mashawi House

    0.16 miles

  • Banh Mi Nhon Hoa

    0.16 miles

  • Joey's

    0.19 miles

  • A&W

    0.19 miles

  • The Captain's Boil

    0.27 miles

  • Pizza Hut

    0.38 miles

  • Cora

    0.38 miles

  • KFC

    0.40 miles

  • Press'd Sandwich Shop

    0.42 miles

  • Carslie

    0.35 miles

  • Kensington School

    0.42 miles

  • Caernarvon School

    0.52 miles

  • Edmonton Islamic Acadamy

    0.53 miles

  • Katherine Therrien Catholic School

    0.71 miles

  • St. Edmund Catholic School

    0.81 miles

  • Rosslyn School

    0.86 miles

  • McArthur Elementary School

    0.91 miles

  • Calder School

    0.92 miles

  • Saint Angela

    0.96 miles

  • Roots Childcare Centre

    0.65 miles

  • Kidzone Daycare

    0.99 miles

  • The Masterminds

    1.51 miles

  • The Learning Seed Daycare

    1.82 miles

  • The Learning Experience Daycare And Afterschool Programs LTD.

    1.82 miles

  • Glengarry Child Care Society

    2.27 miles

  • Creative Kidz Daycare & Afterschool

    2.90 miles

  • Curious Learners

    3.06 miles

  • McCauley Community Daycare

    3.70 miles

  • McCauley After School Care

    3.70 miles

Frequently Asked Questions

How much does Deerwood Place cost?

The space currently listed for sale at Deerwood Place asks for $7,500,000.

What is the total square footage of Deerwood Place?

Deerwood Place totals 11,148 square feet.

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Contact Deerwood Place