107 St Condo Real Estate
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Welcome to 107 St Condo
Experience the ultimate in urban convenience at 107 St Condo, a low-rise apartment-style building located at 10743 107 St NW in the centrally located Central McDougall neighbourhood. This building offers an exceptional opportunity for affordable homeownership in a location that is second to none for accessibility. Perfectly suited for students, healthcare professionals, and first-time homebuyers, 107 St Condo provides a practical and valuable home base in the heart of the city. Explore all Edmonton condos for sale to see how this property compares.
The Ultimate in Central Convenience
Life at 107 St Condo is defined by its strategic location. Residents enjoy the ability to walk or take a short transit ride to major educational institutions, healthcare centres, and one of Edmonton’s largest shopping malls. This makes it an ideal choice for those who value a car-optional lifestyle and want to minimize their daily commute.
107 St Condo Building Features
- Building Type: Low-rise apartment style (APTLO).
- Prime Central Location: Situated in Central McDougall, a vibrant community adjacent to the downtown core.
- Affordable City Living: An excellent, budget-friendly option for owning property in a central address.
- Resident Parking: The building offers the convenience of assigned parking for residents.
The Ultimate in Central Convenience
The Central McDougall neighbourhood is a nexus of some of Edmonton’s most important institutions and amenities, all just minutes from your door.
Proximity to Major Institutions
This location is a top choice for students and staff at MacEwan University and NAIT. It is also exceptionally close to the Royal Alexandra Hospital and Glenrose Rehabilitation Hospital, making it a perfect home for doctors, nurses, and other healthcare professionals.
Shopping and Entertainment
A short walk is all it takes to get to Kingsway Mall, a major shopping centre with a wide array of retail stores, services, and food options. The building is also close to the cultural vibrancy of Chinatown and Little Italy, and just a short transit ride from the entertainment of the Ice District and Rogers Place.
Unbeatable Transit Access
The area is one of the city’s best-connected transit hubs. The nearby Kingsway/Royal Alex LRT station, along with numerous major bus routes, provides fast and efficient travel to the University of Alberta, the downtown business core, and across the city.
Real Estate at 107 St Condo
Condos at 107 St Condo are a savvy investment. The constant demand for housing from students at NAIT and MacEwan, as well as staff from the Royal Alexandra Hospital, makes this building a highly attractive option for real estate investors seeking reliable rental income. For first-time buyers, it offers an affordable and practical way to own a home in a truly central location.
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Common FAQs
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What amenities are available at 107 St condos?
The primary building feature listed is assigned parking for residents. The low-rise apartment building provides a central, low-maintenance lifestyle.
What types of homes are available at 107 St condos?
The most common types are Low-Rise Apartment Style Condos and Lofts (often in converted historic buildings). Units typically include 1-bedroom and 2-bedroom layouts, with some 3-bedroom options available.
How close is 107 St to downtown Edmonton attractions?
The condo is in the Central McDougall neighbourhood, which is adjacent to the downtown core. It is a short walk or transit ride to the Ice District, Rogers Place, and major institutions like MacEwan University, NAIT, and the Royal Alexandra Hospital.
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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.
