Condo Life Thriving in Downtown Edmonton
It’s been said that Edmonton is small enough that you have to be nice to everybody! I personally think we have the best of both worlds – a city small enough that we run into people we know regularly, and a city large enough to boast a world-class concert hall and a reputation as a well-respected center for medical research. As we grow in numbers, some of our new “imports” are flocking to the downtown core to enjoy the urban lifestyle. We have had clients from cities such as Montreal and Toronto happily surprised to find funky lofts in restored warehouses as well as brand new high-rise residences with gorgeous river views! And local Edmontonians seeking a “greener” lifestyle find that downtown living suits them very well as they can easily walk to work or hop on public transit! Either way, downtown condo living is increasingly popular. Prices vary as much as styles of home, with everything from affordable bachelor units to luxury penthouses. We currently have a gorgeous modern unit offered for sale right in the heart of downtown, and there is a wide variety of other properties to choose from.
Another recent development which illustratrates this trend is the announcement of a downtown Edmonton community league! With approximately 200 members, this group is committed to creating a sense of community among downtown residents.
Developers expect this lifestyle trend to continue. While some construction has been placed on hold, the long-term outlook for both construction and sales of new units remains bright!
Contributed by Kathy Schmidt, Broker Owner of Schmidt Realty Group Inc
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