“The Albany” presents a prime opportunity to acquire a 122-unit building in the neighborhood of Oliver, adjacent to downtown, recognized as one of the most tightly held neighborhoods in Edmonton. The property offers 86,088 SF of rentable space across a mix of bachelor, one bedroom, and two-bedroom suites. Centrally located, the Property is in close proximity to major locations such as Brewery District, Victoria Golf Course, Oliver School and just minutes from the University of Alberta, MacEwan University, and Norquest College boasting a total student population of over 74,256 students between the three institutions. Investors can acquire the asset and either capitalize on 15.8% below-market rents or unlock additional potential through renovations. Investors can further enhance value by separately metering the suites for electricity.