Wales Condominium Real Estate
Welcome to Wales Condominium
Discover the excellent value and convenience of Wales Condominium, a low-rise apartment-style building located at 12409 82 St NW in the mature Elmwood Park community. This building offers a fantastic opportunity for first-time homebuyers, investors, and anyone seeking an affordable property in a highly accessible part of North Edmonton. With its proximity to major commuter routes, shopping, and public transit, Wales Condominium provides a practical and comfortable lifestyle. Explore all Edmonton condos for sale to see how this property compares.
The Wales Condominium Advantage
Wales Condominium provides residents with a straightforward, low-maintenance living experience. As a low-rise building, it fosters a quieter, more personal community atmosphere than a large high-rise, all within a neighbourhood known for its accessibility and local amenities.
Wales Condominium Building Features
- Building Type: Low-rise apartment style.
- Affordable Ownership: Represents an excellent value for condo ownership in a convenient Edmonton location.
- Central North Location: Situated in Elmwood Park with quick access to major transportation corridors.
- Parking: Offers energized, assigned parking stalls for residents.
The Elmwood Park Lifestyle
The Elmwood Park neighbourhood is a well-established community in North Edmonton that offers a blend of residential calm and excellent urban connectivity.
Unbeatable Commuting and Transit
One of the key advantages of this location is its immediate access to Yellowhead Trail, allowing for quick and easy commutes across the city. Major north-south routes like 82 Street and 97 Street are also at your doorstep. For public transit users, the area is well-serviced by bus routes that provide a direct connection to the nearby NAIT LRT station, linking you to the entire city.
Shopping and Local Amenities
Residents are just a short drive from Londonderry Mall, which features a wide variety of retail stores, services, and a grocery store. The area is also rich with local parks, schools, and community services, making it a convenient place for daily living.
Real Estate at Wales Condominium
Condos at Wales Condominium are a smart choice for budget-conscious buyers and investors. The building’s affordability, combined with its strategic location near major transit and commuter routes, ensures a consistent demand from renters and first-time buyers. This makes it a sound investment for those looking to enter the real estate market or add a reliable property to their portfolio.
Common FAQs
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What types of condos are available at Wales Condominium?
Wales Condominium offers a variety of modern condos, including one, two, and three-bedroom units with spacious layouts and high-quality finishes to accommodate different needs.
Are there nearby amenities at Wales Condominium?
Yes, Wales Condominium is conveniently located near downtown Edmonton, providing easy access to shopping centers, restaurants, parks, and public transit, making it ideal for urban living.
Is Wales Condominium a pet-friendly community?
Yes, Wales Condominium is pet-friendly, but specific rules and restrictions may apply. It is recommended to check with the condo management for detailed pet policies.
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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.
