Gates On 117th Real Estate
Welcome to Gates On 117th
[cite_start]Discover the ultimate in urban walkability at Gates On 117th, a condominium building perfectly located at 10531 117 St NW in the dynamic Queen Mary Park neighbourhood[cite: 483, 482]. This property is a true walker’s paradise, placing you at the epicentre of shopping, education, and entertainment. For first-time homebuyers, students, and investors seeking an affordable home in a prime central location, Gates On 117th is an exceptional choice. Explore all Edmonton condos for sale to see how this property compares.
The Ultimate Walkable Lifestyle
Life at Gates On 117th is defined by a car-optional lifestyle. Imagine being able to walk to multiple grocery stores, your morning class at MacEwan University, or dinner in the Brewery District, all without the hassle of driving or parking. This prime location allows you to fully engage with the vibrant energy of central Edmonton on your own terms.
Gates On 117th Building Features
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- Building Type: A low-rise apartment-style condominium[cite: 484].
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- Prime Central Location: Situated at 10531 117 St NW in the desirable Queen Mary Park community[cite: 483, 482].
- Affordable City Living: An excellent value for owning property so close to the downtown core and Oliver.
- Practical Amenities: The building offers the convenience of resident parking and secure entry.
Life in Queen Mary Park: A Hub of Convenience
The Queen Mary Park neighbourhood offers a fantastic blend of residential calm and direct access to some of the city’s most popular districts.
Unbeatable Shopping Access
Gates On 117th is perfectly positioned between two major shopping hubs: the Brewery District (with Safeway, MEC, and numerous restaurants) and Unity Square (with Save-On-Foods, London Drugs, and more). This incredible convenience provides an unparalleled selection for all your daily needs.
Proximity to Education and Downtown
The building is a fantastic choice for students and faculty, with MacEwan University just a short walk away. The downtown business core and the entertainment of the Ice District are also easily accessible, making your work or evening plans incredibly convenient.
Explore the 124th Street District
A few blocks west lies the trendy 124th Street area, renowned for its independent art galleries, high-end boutiques, and some of the city’s best cafes and restaurants.
Real Estate at Gates On 117th
Condos at Gates On 117th are a savvy investment in a high-demand central neighbourhood. The constant need for housing from students at MacEwan University and professionals working downtown ensures a strong and stable rental market. For first-time buyers, it offers an affordable path to homeownership in a location that is rich in amenities and poised for continued growth.
Common FAQs
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What types of homes are available at Gates On 117th?
Gates On 117th offers modern loft-style apartments with open-concept layouts, high ceilings, and contemporary finishes, suitable for various lifestyles.
What amenities does Gates On 117th provide?
Gates On 117th features amenities such as secure parking, in-suite laundry, and proximity to shopping, dining, and entertainment options, enhancing the urban living experience.
Is Gates On 117th a pet-friendly community?
Yes, Gates On 117th is a pet-friendly community, allowing pets with certain breed and size restrictions, along with any applicable pet fees.
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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.
