The Capri Real Estate
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Welcome to The Capri
Discover the excellent value and convenience of The Capri, a low-rise condominium located at 11308 127 Av NW in the mature Calder community. This building represents a fantastic opportunity for first-time homebuyers and investors to enter the real estate market at an accessible price point. With its convenient location close to major commuter routes and local amenities, The Capri offers a practical and affordable lifestyle in Northwest Edmonton. Explore all Edmonton condos for sale to see how this property compares.
Affordable and Convenient Living
The Capri provides residents with a straightforward, low-maintenance living experience in an established community. The building’s low-rise design fosters a quiet and friendly atmosphere, perfect for those seeking a peaceful home base with all the conveniences of city living just a short drive away.
The Capri Building Features
- Building Type: A low-rise apartment-style condominium (APTLO).
- Excellent Value: An ideal and affordable option for condo ownership in Edmonton.
- Mature Neighbourhood: Located in the quiet, residential community of Calder.
- Practical Living: The building offers a low-maintenance condo lifestyle with resident parking.
The Calder Lifestyle: Community and Accessibility
The Calder neighbourhood is a well-established community that offers residents excellent access to shopping, recreation, and major transportation corridors.
Proximity to Shopping and Amenities
The Capri is just a short drive from several shopping areas, including the stores along 137th Avenue and nearby Christy’s Corner. Larger shopping centres like Northgate Centre and Skyview Power Centre are also easily accessible.
Community and Recreation
The area features several local parks and an active community league, providing residents with green space for relaxation and recreation.
Commuter Connections
Commuting is made easy with convenient access to major roads like 127th Street, 137th Avenue, and Yellowhead Trail. The neighbourhood is also serviced by public transit, with bus routes connecting to the LRT and other key destinations.
Real Estate at The Capri
Condos at The Capri are a smart choice for budget-conscious buyers and real estate investors. The high demand for affordable housing in Edmonton ensures a stable market for properties like this. Its convenient location and low cost of entry make it an attractive option for those looking to build equity or for investors seeking a property with reliable rental potential.
Common FAQs
If you are in need of an EDMONTON Realtor right now, you can call us here.
Are pets allowed at Capri condos?
Yes, Capri is a pet-friendly community, but specific pet policies and restrictions may apply.
What is Capri and where is it located?
Capri is a condo building at 11308 127 Ave NW, Edmonton, AB, T5E 0C5, in the neighbourhood of Calder, Edmonton.
How close is Capri condos to downtown Edmonton attractions?
Capri is conveniently located just minutes from downtown Edmonton, providing easy access to shopping, dining, and entertainment.
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Condo Search FAQs
Ready to start your condo search? You can contact us here.
What are condo fees and what do they typically cover?
Condo fees (or maintenance fees) are monthly contributions from each owner that go towards the building’s shared expenses. In Edmonton, these typically cover professional management, reserve fund contributions, landscaping, snow removal, common area maintenance (like hallways and lobbies), and building insurance. In many buildings, they also include utilities like heat and water.
What is a reserve fund and why is it important?
A reserve fund is a mandatory savings account maintained by the condo corporation to pay for major repairs and replacements of the building’s common elements over time (e.g., roof replacement, window upgrades, boiler replacement). A healthy reserve fund is crucial because it helps prevent large, unexpected “special assessments” (a lump-sum bill for each owner) when major work is needed.
Is buying a condo in Edmonton a good investment?
Condos can be an excellent investment in Edmonton, offering a more affordable entry point into the real estate market and a low-maintenance lifestyle. They are particularly popular in desirable areas like Downtown, Oliver, and near the University. Like any property, its value depends on location, the quality of the building’s management, and overall market trends.
What should I look for in the condo documents?
When you make an offer on a condo, it’s critical to review the condo documents. The key items to examine are the Reserve Fund Study (to ensure it’s well-funded), the annual budget, the board meeting minutes (to check for upcoming issues), and the bylaws (to understand rules regarding pets, renovations, etc.). We help all our clients navigate these documents to ensure they’re making a sound purchase.
What are the main benefits of condo living?
The primary benefits of condo living are a low-maintenance lifestyle (no shoveling snow or cutting grass), access to shared amenities (like fitness centres, pools, or social rooms), enhanced security, and often a lower purchase price compared to a single-family home in the same neighbourhood. It’s an ideal choice for first-time buyers, downsizers, and busy professionals.
