Crestmark Place Real Estate
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Welcome to Crestmark Place
Perfectly positioned for a vibrant urban lifestyle, Crestmark Place is a low-rise condominium located in the highly accessible Central McDougall neighbourhood. This building offers an exceptional opportunity for affordable living in a true “walker’s paradise,” with MacEwan University, the Ice District, and the downtown core all just a short stroll away. For first-time homebuyers, students, and investors, Crestmark Place is a smart choice for a connected and convenient home base. Explore all Edmonton condos for sale to see how this property compares.
The Centre of Your Urban Lifestyle
Life at Crestmark Place is defined by convenience and walkability. Imagine a car-optional lifestyle where your commute to class or the office is a short walk, and world-class entertainment is just down the street. This location allows you to fully immerse yourself in the energy of central Edmonton, with shopping, dining, and transit options all within easy reach.
Crestmark Place Building Features
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- Building Type: A low-rise apartment-style condominium[cite: 442].
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- Prime Central Location: Situated at 10842 107 St NW [cite: 441] [cite_start]in the desirable Central McDougall community[cite: 440].
- Affordable City Living: An excellent value for owning property on the edge of the downtown core.
- Practical Convenience: Includes resident parking and a secure, low-maintenance living environment.
Life in Central McDougall: Walk Everywhere
The Central McDougall neighbourhood is a dynamic and diverse community that offers residents unparalleled access to some of the city’s most important destinations.
Steps from MacEwan University
Crestmark Place’s location is a dream for anyone connected to MacEwan University. The campus is just a short and easy walk away, making it a top choice for students, faculty, and staff looking to eliminate their daily commute.
Downtown and Ice District Access
The downtown business core and the excitement of Rogers Place and the Ice District are just a few blocks south. Enjoy easy access to NHL games, major concerts, and the vibrant nightlife of downtown Edmonton, all within walking distance.
Shopping and Transit
Major shopping centres like Kingsway Mall and Unity Square are conveniently close. For city-wide travel, the nearby MacEwan LRT station provides a fast and efficient connection to the University of Alberta, NAIT, and south Edmonton.
Real Estate at Crestmark Place
Condos at Crestmark Place are a highly sought-after investment due to their affordability and prime, walkable location. The consistent and high demand for housing from students at MacEwan University and professionals working downtown ensures a strong rental market. This makes Crestmark Place an exceptional choice for investors seeking a reliable income property, as well as for first-time buyers looking to build equity in a central location with lasting appeal.
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Common FAQs
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What is the location advantage of living at Crestmark Place?
Crestmark Place is located in a prime area of Edmonton, offering easy access to shopping centers, restaurants, schools, and public transportation, making it a convenient choice for residents.
Are there any current promotions or discounts for new residents?
Crestmark Place occasionally offers move-in specials or discounts for new residents. It’s best to contact the leasing office directly to inquire about any current promotions.
How can I schedule a tour of Crestmark Place?
To schedule a tour of Crestmark Place, you can reach out to the leasing office by phone or through their website to arrange a convenient time to view the available homes and amenities.
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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.
