Greenwood Real Estate
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Welcome to Greenwood
Discover the convenience and value of Greenwood, a low-rise condominium complex located at 11604 112 Av NW in the mature Prince Rupert community. This building is an ideal choice for first-time homebuyers, students, and investors, offering an affordable entry into the real estate market in a highly accessible, central-north location. Its prime position near major commuter routes and post-secondary institutions makes it a practical home base for getting around the city with ease. Explore all Edmonton condos for sale to start your search.
Convenient and Affordable Central Living
The lifestyle at Greenwood is defined by accessibility. Situated just south of the Yellowhead Trail, this location is a dream for commuters, offering a quick start to your journey across the city. The mature, tree-lined streets of Prince Rupert provide a pleasant residential atmosphere to come home to.
Greenwood Building Features
- Building Type: A low-rise apartment-style condominium (APTLO).
- Excellent Commuter Location: Situated in the Prince Rupert community at 11604 112 Av NW.
- Affordable Ownership: A budget-friendly option perfect for entering the Edmonton real estate market.
- Practical Living: The building offers a low-maintenance condo lifestyle with resident parking.
The Prince Rupert Lifestyle: Community and Accessibility
Living in Prince Rupert means being part of a well-established and evolving community with fantastic access to some of the city’s best amenities.
Proximity to NAIT and Kingsway
The Northern Alberta Institute of Technology (NAIT) campus and Kingsway Mall are just a short commute away, making this a popular location for students and shoppers alike. The Royal Alexandra Hospital is also conveniently close.
Unbeatable Access to Major Routes
With Yellowhead Trail just moments away, east-west travel across Edmonton is incredibly efficient. Additionally, the proximity to Kingsway Avenue and St. Albert Trail provides a quick and direct route to the downtown core.
A Mature, Evolving Community
Prince Rupert is a charming, historic neighbourhood characterized by mature trees and local parks. The area is also adjacent to the exciting Blatchford redevelopment, bringing new energy and amenities to the community.
Real Estate at Greenwood
Condos at Greenwood 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 NAIT and major commuter routes ensures this building remains a sound investment with strong rental potential.
Common FAQs
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What amenities are available at Greenwood?
Greenwood provides residents with convenient access to nearby shopping, services, and amenities, its location in the Prince Rupert neighbourhood is close to everyday conveniences.
Are there outdoor or nearby green spaces around Greenwood?
Greenwood gives relatively easy access to nearby city amenities and transit convenient for everyday needs.
Is public transportation easily accessible from Greenwood?
Yes, Greenwood is described as having good connectivity and access to transit routes, making public transportation reasonably accessible.
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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.
