Park Place Boulevard Real Estate
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Welcome to Park Place Boulevard
Discover the exceptional value and convenience of Park Place Boulevard, a low-rise condominium located at 11325 83 St NW in the mature Parkdale community. This building is an excellent choice for first-time homebuyers and investors, offering an affordable entry point into the real estate market in a highly accessible, central-north location. With its prime position near the river valley and major transit routes, Park Place Boulevard provides a practical and comfortable lifestyle. Explore all Edmonton condos for sale to start your search.
Affordable and Accessible Living
Park Place Boulevard offers residents a straightforward, low-maintenance living experience in a historic neighbourhood. The building’s focus on practicality and value makes it an ideal choice for those looking to build equity through homeownership at an attractive price point.
Park Place Boulevard Building Features
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- Building Type: A low-rise apartment-style condominium (APTLO)[cite: 423].
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- Convenient Location: Situated in the Parkdale community with excellent access to major city routes[cite: 423].
- Excellent Value: Represents one of the most affordable options for condo ownership in a central location.
- Practical Living: The building offers a low-maintenance condo lifestyle with resident parking.
The Parkdale Lifestyle: Connectivity and Community
Living in Parkdale means being part of a well-established and historic community with fantastic access to some of the city’s best amenities and natural areas.
Proximity to the River Valley
The building is just a short walk or bike ride from the beautiful North Saskatchewan River Valley and the scenic Ada Boulevard. This provides residents with immediate access to an extensive network of trails for year-round walking, running, and cycling.
Excellent Transit Connections
The Stadium LRT Station is conveniently close, offering a fast, car-free commute to the downtown core, the University of Alberta, and NAIT. The area is also well-serviced by major bus routes.
Recreation and Amenities
Residents are minutes away from Commonwealth Stadium, home of the Edmonton Elks, and the state-of-the-art Commonwealth Community Recreation Centre. The shopping and dining options in the newly revitalized Stadium Yards are also easily accessible.
Real Estate at Park Place Boulevard
Condos at Park Place Boulevard offer a fantastic combination of affordability and accessibility. This makes them a highly attractive option for first-time homebuyers looking to get into the market, as well as for real estate investors. The consistent demand for rental properties near the LRT and major commuter routes ensures this building remains a sound investment with strong rental potential.
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Common FAQs
If you are in need of an EDMONTON Realtor right now, you can call us here.
What types of condos are available at Park Place Boulevard?
Park Place Boulevard offers a variety of modern condos, including one, two, and three-bedroom units with contemporary layouts and quality finishes to accommodate different preferences.
Are there nearby amenities at Park Place Boulevard?
Yes, Park Place Boulevard is located near downtown Edmonton, providing easy access to shopping centers, restaurants, parks, and public transit options, making it convenient for residents.
Is Park Place Boulevard a good investment opportunity?
Yes, Park Place Boulevard is a great investment due to its central location, modern designs, and proximity to key amenities, making it appealing to both homeowners and investors.
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Condo Search FAQs
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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.
