Montrose Manor Real Estate
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Welcome to Montrose Manor
Discover the exceptional value and convenience of Montrose Manor, a low-rise condominium located at 11825 71 St NW in the mature Montrose 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 major commuter routes and local amenities, Montrose Manor provides a practical and comfortable lifestyle. Explore all Edmonton condos for sale to start your search.
Affordable and Accessible Living
Montrose Manor offers residents a straightforward, low-maintenance living experience in a mature 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.
Montrose Manor Building Features
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- Building Type: A low-rise apartment-style condominium (APTLO)[cite: 6].
- Convenient Location: Situated in the Montrose community with excellent access to major city routes.
- 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 Montrose Lifestyle: Connectivity and Community
Living in Montrose means being part of a well-established and evolving community with fantastic access to some of the city’s best amenities and transportation links.
A Commuter’s Dream
The location offers immediate access to Yellowhead Trail for quick east-west travel across Edmonton. Wayne Gretzky Drive is also nearby, providing a direct route to the south side and downtown core, making commutes incredibly efficient.
Shopping and Amenities
Residents are just a short drive from several major shopping centres, including Londonderry Mall and Northgate Centre. The Coliseum LRT station is also nearby, providing a convenient public transit option for accessing the rest of the city.
A Mature, Revitalizing Community
Montrose is a charming neighbourhood characterized by mature trees and local parks, including the Russ Barnes Arena. The area continues to see revitalization, blending its classic character with new energy.
Real Estate at Montrose Manor
Condos at Montrose Manor 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 affordable rental properties near major commuter routes ensures this building remains a sound investment with strong rental potential.
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Common FAQs
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What types of units does Montrose Manor offer?
Montrose Manor is a low-rise apartment/condo building offering 2-bedroom units (at least in the current listings).
What is included in the condo fee/maintenance fee at Montrose Manor?
The monthly condo/maintenance fee includes exterior maintenance, common-area insurance, janitorial services for common areas, parking, reserve fund contribution, common-area utilities, and snow/land/ground maintenance.
Is Montrose Manor considered a walkable or transit-friendly location?
Yes, the building has good walk and bike scores, reflecting a “very walkable / very bikeable” neighbourhood, which is convenient for everyday errands or commuting.
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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.
