Starting From $300s!

Details

Details

  • Price ($):
    Starting From $300s!
  • Year built:
    2024
  • Status:
  • Beds:
    2-4
  • Baths:
    2-4
  • Garages:
    1-2
  • Home area (sqft):
    922 – 1,433 sq ft
  • Assignment Clause:
    Available

Overview

Introducing Secord Promenade Towns, a fantastic new development in the coveted Secord neighborhood of NW Edmonton, located near Secord Landing NW & Secord Promenade! With a prime location just minutes from Edmonton’s bustling downtown, residents will enjoy easy access to a variety of amenities including the Lewis Farms Transit Centre, Highways 16A & 216, West Edmonton Mall, numerous big-box stores, and all the attractions that Edmonton has to offer.

This presents an exceptional investment opportunity as Edmonton, Canada’s 5th largest city, is poised for significant growth. With the province’s population projected to increase by 46% by 2046, the demand for housing will soar. Edmonton boasts a thriving economy, the lowest tax rates in the country, and excellent affordability.

Towns Starting From The $300s!

Reasons to Buy

POPULATION

Edmonton, Alberta's second largest city and the fifth largest in Canada, currently houses over 1.5 million residents. With the province's population expected to increase by 46% by 2046, the demand for real estate will surge, driving up property prices and rental rates.

BUSINESS & REAL ESTATE

Alberta is renowned for its favorable business and real estate investment climate, boasting the lowest tax rates in Canada with no HST or provincial sales tax. The government is investing $10 billion in infrastructure. Additionally, Alberta offers significant real estate incentives: no land transfer taxes, no development charges, and no rent control. This pro-business environment is attracting companies from across Canada and around the globe, leading to increased demand for housing.

ECONOMY

Alberta's economy is booming, driven by its status as one of the world's largest oil producers. Currently, 99% of Alberta's oil is sold to the United States at low market prices. The Trans Mountain Pipeline will rectify this by transporting oil to the West Coast for global export at higher prices. This project is expected to generate over $70 billion in revenue for producers and $45 billion for provincial and federal governments, creating thousands of jobs.

Simultaneously, Alberta is becoming a global tech hub, thanks to a high concentration of STEM graduates. This has paved the way for tech startups and multinational corporations, including a growing number of "Tech Unicorns" (companies valued at over $1 billion). Combined with significant tax savings, Alberta's economy is on the rise, leading to increased housing needs.

LOCATION

Located near Secord Landing NW & Secord Promenade, residents enjoy quick access to Edmonton's vibrant downtown. The community is close to the Lewis Farms Transit Centre, providing access to numerous bus routes, and is minutes from Highways 16A & 216, ensuring easy travel throughout the area. Essential amenities like West Edmonton Mall and big-box stores such as Walmart, Best Buy, and Canadian Tire are conveniently nearby.

REPUTABLE DEVELOPER

Streetside Developments, an award-winning division of Qualico, brings over 28 years of experience 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
  • Visitor Parking
  • Washer
  • WiFi

Mortgage Calculator

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

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