Pre-Construction Condos For Sale in Downtown Edmonton

About Downtown Edmonton's Pre-Construction Condos For Sale

This is Downtown Edmonton, a neighbourhood in the city of Edmonton with 14 Pre-Construction buildings with condos for sale.

A very special portion of the real estate market exists in the area of development, or Pre-Construction, condos. These are units that are purchased based on the projected plans for a building that is not yet built. A buyer may visit a temporary showroom, located near to the proposed location of the building to see models and floor plans of the various units the seller hopes to construct, or simply receive a package with this information electronically. Purchasing at this stage allows the buyer to have greater control in the outcome of their unit. They can make a different type of investment and purchase at a lower price per square foot than what is typically available post-construction. If you want to be able to choose your floors, finishes and appliances, at less than the cost to purchase someone else's choices from the past, Pre-Construction condos for sale might appeal to you. It's not often that you have so many design choices when looking to purchase a home. There will be a number of layouts, options for total square footage, number of bedrooms and location within the building to choose from. Usually, this type of customization will require a second investment in renovations, as well as the purchase price of your home.

When taking the leap on a Pre-Construction condo for sale, you'll be given a list of options that you'll be able to customize. Everything in the home will be brand new and they will likely be under warranty. Keep in mind that the developer is speculating on what they believe the final outcomes will be for the unit and building, they require some flexibility, not everything can be fixed into even the best agreements. This can make a good case for looking at the past projects of the developer. How close to their projected dates did they come? Do they have a history of big surprise closing costs or a history of great relationships with their buyers? How have their projects held up over time as places people want to live and as investments. This type of home purchase, more than others, requires a long term deal with your developer. You'll want a long term relationship that is mutually beneficial. Purchasing a unit in a building prior to the work beginning can have some tremendous benefits. It also requires deeper knowledge to arrange this type of purchase. A Real Estate Professional who specializes in development or Pre-Construction condos for sale may be helpful for protecting your investment. The money spent on a qualified agent may be easily recuperated with the thorough shaping of your agreement. You'll want to understand how the Pre-Construction payments are going to be structured and where you'll be spending versus saving. In an already finished home, it's easy to see how your money is being spent. With a Pre-Construction condo, being well informed will be a must.

If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Rossdale and South Central Edmonton are nearby. This neighbourhood is Very Walkable with a walk score of 86. Excellent Transit is available in Downtown Edmonton. This neighbourhood is a Biker's Paradise with a bike score of 90.

Downtown Edmonton Condos For Sale

Seen as one of Edmonton's condo hot spots, Downtown Edmonton, has a total of 57 condo buildings. There is a fantastic mix of modern high-rise condos and funky lofts, there are 38 High-Rise, 14 Pre-Construction, 4 Luxury, 9 Low-Rise, and 15 Mid-Rise in Downtown Edmonton. There are limitless selections of condos for sale in Downtown Edmonton to call home. Condos for sale in Downtown Edmonton are on the market for an average of 80 days. There were 411 condos sold in Downtown Edmonton in 2020. Downtown Edmonton saw an increase in the number of condos sold by 77% compared to the year before. Last year condos for sale in Downtown Edmonton had an average sale price of $$320,985, an decrease of -8% from the year before. Downtown Edmonton is Very Walkable with a walk score of 86. This neighbourhood is a Biker's Paradise with a bike score of 90. Excellent Transit is available in Downtown Edmonton. You can find the neighbourhoods of Rossdale and South Central Edmonton nearby.

Cupcake Mama and A Bite of Brazil by Pampa are great bakeries in Downtown Edmonton. There are some great cafes in Downtown Edmonton such as Coffee Bureau, Lock Stock Coffee, and Credo Coffee. Do you enjoy being in the kitchen? Pick up groceries at Julie's Grocery. Locals of Downtown Edmonton love dining at The Marc. Do you love to be outside? There are great parks in Downtown Edmonton such as Mechanized River Valley Access and "Urban Eden" Community Garden. You can find the pharmacy Alberta Pharmacists' Association in Downtown Edmonton. Edmonton City Centre is a shopping center in Downtown Edmonton that has something for everyone. Royal Alexander Hospital is the closest hospital to Downtown Edmonton. There are a number of museums and art galleries in Edmonton including Alley Art, Art Rental & Sales Gallery and Alberta Craft Gallery. Many gyms and fitness centers are popular with residents of Downtown Edmonton. Some of these facilities are Fit 'N' Well Personal Training Inc. and Champs Boxing Studio in Downtown Edmonton. Animal enthusiasts, good news Safe & Hound is in Downtown Edmonton. Local schools of Downtown Edmonton include Athlete's Choice Massage - Downtown and Conservatory of Music. There are many students in this neighbourhood as Pixel Blue College is located within it. The closest light rail station is Bay Enterprise Square Station. Downtown Edmonton has a very accesible train station Central Station.