Aloft Skyview

Pre-Construction
Starting From $189998s!

Details

  • Year built
    2024
  • Type

Details

  • Price ($):
    Starting From $189998s!
  • Year built:
    2024
  • Status:
  • Beds:
    1-3
  • Baths:
    1-2
  • Home area (sqft):
    580 - 1,111 sq ft
  • Stories:
    4
  • Units / Suites:
    56
  • Assignment Clause:
    Available

Overview

Welcome to Aloft Skyview Condos, a stunning new development in the coveted Skyview neighborhood of NW Edmonton, located near 127 St NW & 137 Ave NW. This prime location places residents just minutes from the lively downtown core, offering access to numerous amenities including Big Box Stores, Highways 2, 28 & 216, the Edmonton VIA Rail Train Station, parks, trails, schools, and more that Edmonton has to offer! This is a fantastic investment opportunity as Edmonton is Canada’s 5th largest city, and with the province’s population projected to grow by 46% by 2046, the demand for housing will soar. The economy is thriving, and the city is welcoming businesses with the lowest tax rates in the country. Plus, it’s affordable! Prices start at $189,998!

Reasons to Buy

POPULATION

Edmonton is Alberta’s second-largest city and the fifth-largest in Canada, with a current population exceeding 1.5 million. The province's population is projected to grow by an additional 46% by 2046, leading to a significant increase in demand for real estate, driving up prices and rental rates.

BUSINESS & REAL ESTATE

Alberta is considered a highly attractive location for both business and real estate investment, boasting the lowest tax rates in the country. The province has no HST due to the absence of a Provincial Sales Tax. The government has committed $10 billion to infrastructure investment. On the real estate front, there are no land transfer taxes, no development charges, and no rent control. This business-friendly environment is drawing companies not just from across Canada but from around the globe. More businesses mean more people, resulting in higher demand for real estate.

ECONOMY

Alberta’s economy is thriving and poised for further growth. As one of the world’s largest oil producers, 99% of Alberta's oil is currently sold to the United States at low market prices. The Trans Mountain Pipeline will address this by transporting oil through the Rockies to the West Coast for global exports at higher prices. This initiative is expected to generate over $70 billion in revenue for producers and more than $45 billion for provincial and federal governments, while also creating thousands of jobs in the sector. Simultaneously, Alberta is becoming a global tech hub, boasting one of the highest ratios of graduates in Science, Technology, Engineering, and Mathematics (STEM) in Canada. This trend is fostering the growth of tech startups and attracting multinational corporations to the region. The presence of numerous "Tech Unicorns" (companies valued at over $1 billion) and substantial tax savings further bolster the economy. More jobs and a stronger economy will inevitably lead to increased housing and real estate demands.

LOCATION

Located near 127 St NW and 137 Ave NW, this development offers a prime spot with quick access to Edmonton's dynamic downtown core. The area boasts excellent shopping options, being just minutes away from a wide array of Big Box Stores at Skyview Power Centre and North City Centre. Commuting around the city is effortless with the Edmonton VIA Rail Train Station and major highways 216, 2, and 28 nearby.

REPUTABLE DEVELOPER

StreetSide Developments, a division of Qualico, is an award-winning company with over 28 years of expertise in the multi-family homebuilding industry.

Deposit Structure

$1,000 on Signing / 5% Minus $1,000 in 10 Days / 5% in 90 Days

Features

  • Air Conditioning
  • Security System
  • TV Cable
  • WiFi

Mortgage Calculator

$70,000
/
Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance

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