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THE CREEKSIDE CIRCLE I LEDUC, ALBERTA

An Investment in a Newly Constructed Multi-Family Property in a High-Growth Market

Blue Bear Group Corporation (BBG Corp.) is excited to announce a significant addition to its real estate portfolio with the acquisition of The Creekside Circle I Project. This newly constructed, purpose-built residential building, located at the prime intersection of Deer Valley Drive and Creekside Drive in Leduc, Alberta, represents a key strategic investment. The property is designed to provide residents with a premium living experience while delivering long-term, stable returns for our investors by capitalizing on the region's robust economic growth.

Property Description

  • Property Type: Townhomes with Legal Lower Level Units.
  • Address: Deer Valley Drive & Creekside Drive, Edmonton, AB.
  • Number of Units: 10.
  • Number of Storeys: 2.
  • Builder: Cira Homes.
  • Estimated Completion: Mid-2026.
  • Parking: 20 parking spots.

Unit Details

  • Unit Mix: The property consists of 5 units with 1 bedroom and 5 units with 3 bedrooms.
  • Size Range:

                 - 1 Bedroom units are approximately 530 sq. ft..

                 - 3 Bedroom units are approximately 1,270 sq. ft..

  • Appliance Package: An appliance package is included with every unit.

Property Analysis

Property's Strategic Location

  • Intersection: The property is located at the intersection of Deer Valley and Creekside Drive, which is described as a prime residential area.
  • Lifestyle: This location offers a balance of tranquil suburban living with exceptional urban accessibility.
  • Connectivity: It provides immediate access to Highway 2 (QEII), allowing for rapid commutes to Edmonton.
  • Amenities: The property is also conveniently located near the Edmonton International Airport (EIA) , Leduc Common , grocery stores , schools , and the Leduc Recreation Centre.

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Market Analysis

Leduc Market Overview

  • Leduc, Alberta: Leduc is a fast-growing city that is anchored by the Edmonton International Airport (EIA) and the Nisku Industrial Park.
  • Population Growth: It has experienced a 15.7% growth over the last five years, consistently ranking among Alberta's fastest-growing municipalities.
  • Demographics: The city attracts a young, working-age population with strong household incomes of approximately $117,000. This demographic supports the market for high-quality rental units.

Rental Market Dynamics

  • Low Vacancy Rate: According to CMHC, the vacancy rate for purpose-built rentals in Leduc was 0.8%. This indicates a very tight market and high rental demand.

Download Our Free Market Analysis

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