Archive for the ‘Condominium’ Category

Condo vs. House: The Ultimate Guide to Finding Your Perfect Home in Edmonton

Tuesday, September 10th, 2024

Condo vs. House: The Ultimate Guide to Finding Your Perfect Home in Edmonton

 

Deciding between buying a condo vs house in Edmonton can be a daunting task, especially with so many factors to consider. Whether you’re a first-time buyer or looking to make a lifestyle change, it’s crucial to understand the pros and cons of each option.

When deciding between a condo vs house, consider the following: Condos often offer lower maintenance and added amenities but come with monthly fees and shared spaces. Houses provide more privacy, space, and potential for customization but require more upkeep and generally have higher upfront costs.

To make a well-informed choice between a condo and a house, it’s important to delve into the details. Continue reading to explore the factors that will help you determine the best fit for your lifestyle and budget.

 

Community Living vs. Personal Space: Understanding Your Lifestyle Needs:

Do you prefer a bustling community environment, or is privacy and personal space your priority? Condos offer community living with shared amenities like gyms and pools, making them ideal for those who value social interaction and low-maintenance living. However, they come with less personal space and the need to follow condo board rules.

Houses, on the other hand, provide privacy and more space, perfect for families or pet owners. While houses offer greater freedom to customize and enjoy personal outdoor areas, they require more upkeep, such as yard work and repairs. Condos appeal to those seeking convenience with reduced maintenance, while houses suit those who enjoy the responsibility and satisfaction of managing their own property.

 

Financial Considerations: Weighing the Costs of a Condo vs House

Financial factors are another key when buying a condo or house in Edmonton. Condos usually have a lower purchase price, making them appealing to first-time buyers or those on a budget. However, while condos are more affordable upfront, houses generally appreciate more over time, offering better long-term returns.

It’s also important to consider whether you’re looking at new construction or a resale home. New builds often have modern features but can be more expensive, while resale homes may offer better value but could require renovations.

Condos come with monthly fees for maintenance and amenities, simplifying property management but not building equity. Houses lack these fees but involve more spending on upkeep, and typically have higher property taxes, though improvements can directly increase property value.

 

Maintenance and Upkeep: What to Expect from Condo Living vs House Ownership

When considering a condo vs house in Edmonton, maintenance is a key factor. Condos offer reduced maintenance responsibilities, as common areas, landscaping, and exterior repairs are handled by the condo association. This is ideal for those who prefer a hands-off approach but also means less control, as decisions are made by the condo board. Additionally, special assessments for unexpected repairs can add unpredictability to costs.

In contrast, owning a house gives you full control but requires handling all maintenance, from repairs to yard work. While this can be time-consuming and costly, many homeowners appreciate the freedom to customize and improve their property, which can increase its value.

 

Neighborhood Options: Condo Convenience vs. House Privacy

Edmonton’s real estate market offers a variety of housing options, with different neighborhoods catering to unique lifestyles. Condos are commonly found in central areas like Downtown, where convenience and accessibility to work, entertainment, and public transit are key. This is particularly appealing to young professionals and retirees who want an urban lifestyle.

On the other hand, neighborhoods like Hudson, Carlton, and Riverbend are dominated by houses, offering larger properties and a quieter, family-friendly suburban environment. These areas provide more space and privacy but often require a higher initial investment, which can be offset by the benefits of living in a stable, community-focused neighborhood.

 

Market Insights: Where to Invest in Edmonton’s Growing Real Estate Market

Edmonton’s housing market is currently experiencing steady growth, with houses generally appreciating faster than condos. However, condos remain in demand due to their affordability and prime locations. For long-term investment, houses may offer better returns, but if lifestyle and convenience are your priorities, a condo could be more suitable.

Given the complexities of the market, working with an experienced real estate agent is invaluable. They can provide personalized insights and help you navigate the market to find the best opportunities, whether you’re aiming for long-term growth or a home that fits your lifestyle.

 

 

Making the Best Decision for Your Homeownership Journey

Making the decision between a condo vs house in Edmonton is not just about comparing features; it’s about finding the option that aligns with your lifestyle, financial goals, and long-term plans. Whether you’re drawn to the low-maintenance lifestyle of condo living or the privacy and potential of owning a house, understanding the pros and cons of each can help you make the best choice.

If you’re ready to explore your options and find the perfect home that fits your lifestyle and budget, don’t hesitate to reach out. Contact the Dave Ozubko Real Estate Team at 780-966-8227 today for expert guidance and personalized service every step of the way.

FAQ: Are there any specific regulations or restrictions for condo owners in Edmonton compared to house owners?

Yes, condo owners in Edmonton are subject to specific regulations and restrictions that are typically outlined by the condo board or association. These can include rules on renovations, noise levels, pet ownership, and the use of common areas. House owners, on the other hand, have more freedom to make changes to their property, but they must still comply with municipal bylaws and zoning regulations. It’s essential for prospective condo buyers to thoroughly review the condo bylaws and any additional regulations before making a purchase to ensure they align with their lifestyle and preferences.

Your Ultimate Guide to Moving to Edmonton: Everything You Need to Know

Friday, August 9th, 2024

 

 

Moving to a new city can be overwhelming, especially when it comes to finding the right neighborhood, understanding the local housing market, and navigating essential services. Our guide for newcomers moving to Edmonton is designed to ease your transition, providing you with the crucial information you need.

Newcomers moving to Edmonton should have information on the diverse housing options, ranging from affordable condos to family-friendly homes, popular neighborhoods, such as Old Strathcona and Westmount, offering unique amenities, essential services, including healthcare, public transportation, and schools,  the local real estate market trends; and key tips for settling into Edmonton’s lifestyle and culture.

There’s so much more to explore when moving to Edmonton, from finding the best neighborhoods for your lifestyle to understanding the city’s real estate landscape. Keep reading to discover how you can make your move to Edmonton as smooth and successful as possible.

Moving to Edmonton: What You Need to Know

Moving to a new city can be overwhelming, especially when it comes to finding the right neighborhood, understanding the local housing market, and navigating essential services. Our guide for newcomers moving to Edmonton is designed to ease your transition, providing you with the crucial information you need. 

Finding Your Perfect Home in Edmonton

When moving to Edmonton, one of the first decisions you’ll face is choosing the right home. Edmonton offers a wide range of housing options, from modern condos in the downtown core to family-friendly homes in suburban neighborhoods. The city’s diverse housing market ensures there’s something for everyone, whether you’re a young professional, a growing family, or a retiree looking for a quiet place to settle down.

Condos are particularly popular for those looking for low-maintenance living with amenities like gyms, pools, and security. For example, areas like the Ice District and Oliver offer contemporary condos close to work, entertainment, and dining options. On the other hand, if you’re looking for a more spacious home, neighborhoods like Terwillegar and Windermere offer beautiful single-family homes with large yards, perfect for families with children or pets.

Before making a decision, consider what type of property suits your lifestyle best. Do you prefer the hustle and bustle of downtown living, or do you crave the peace and space of a suburban neighborhood? Understanding your preferences will help narrow down your options and make your move to Edmonton smoother.

Exploring Edmonton’s Neighborhoods: Where Will You Call Home?

Choosing the right neighborhood is crucial when moving to Edmonton. The city is known for its distinct neighborhoods, each offering a unique blend of amenities, community vibes, and accessibility. Whether you’re looking for a vibrant urban experience or a quiet suburban retreat, Edmonton has a neighborhood that will feel like home.

Old Strathcona

If you enjoy a lively atmosphere with plenty of shops, restaurants, and cultural events, Old Strathcona is a perfect choice. This neighborhood is home to Whyte Avenue, known for its eclectic mix of boutiques, coffee shops, and nightlife. It’s also close to the University of Alberta, making it a popular spot for students and young professionals.

Westmount

For those who appreciate historic charm, Westmount offers a mix of heritage homes and modern developments. This neighborhood is ideal for families and professionals who want to be close to downtown but still enjoy the tranquility of tree-lined streets and parks.

Windermere

Located in the southwest of the city, Windermere is one of Edmonton’s most sought-after neighborhoods. It’s perfect for those seeking luxury living with easy access to golf courses, shopping centers, and top-rated schools. The area’s modern homes and well-planned community spaces make it a favorite for families and executives.

When selecting a neighborhood, consider factors such as proximity to work, schools, and amenities like grocery stores and parks. Each neighborhood in Edmonton offers something different, so take the time to explore and find the one that best fits your needs.

Essential Services in Edmonton: What You Need to Know

Moving to Edmonton means getting familiar with the city’s essential services, which are crucial for making your transition as seamless as possible. Access to quality healthcare, reliable public transportation, and good schools are top priorities for most newcomers.

Healthcare

Edmonton is home to several world-class healthcare facilities, including the University of Alberta Hospital and the Royal Alexandra Hospital. These institutions offer a wide range of services, from emergency care to specialized treatments. It’s essential to register with Alberta Health Services as soon as you move to ensure you can access medical care when needed.

Public Transportation

The Edmonton Transit Service (ETS) provides an extensive network of buses and LRT (Light Rail Transit) lines, making it easy to navigate the city without a car. The LRT is especially convenient for commuting to downtown and the University of Alberta. If you plan to use public transportation frequently, consider purchasing a monthly pass for unlimited rides.

Schools

For families with children, Edmonton offers a variety of schooling options, including public, Catholic, and private schools. The Edmonton Public School Board and the Edmonton Catholic School District manage most of the city’s schools, which are known for their high academic standards and extracurricular activities. Researching school catchment areas can help you choose a neighborhood that aligns with your educational preferences.

 

By understanding and utilizing these essential services, you can ensure that your move to Edmonton is not only smooth but also well-supported.

Moving to Edmonton: Understanding the Local Real Estate Market

The Edmonton real estate market is dynamic, with trends that can significantly impact your buying or renting decisions. Understanding these trends will give you an edge when moving to Edmonton and looking for a property.

Currently, Edmonton’s real estate market is characterized by affordability and steady growth. Home prices are relatively lower compared to other major Canadian cities like Vancouver or Toronto, making Edmonton an attractive option for first-time buyers and investors alike. The market is diverse, offering everything from starter homes to luxury properties.

If you’re considering buying a home, it’s essential to work with a local real estate agent who understands the nuances of the Edmonton market. They can provide valuable insights into the best times to buy, emerging neighborhoods, and potential investment opportunities. Renting is also a viable option, with plenty of rental properties available across the city, catering to different budgets and preferences.

Embracing Edmonton’s Lifestyle and Culture

Moving to Edmonton isn’t just about finding a home; it’s about embracing a new lifestyle and culture. Edmonton is known for its vibrant arts scene, diverse dining options, and year-round festivals, making it a city where there’s always something to do.

One of the highlights of Edmonton’s cultural scene is the Edmonton International Fringe Festival, the largest and oldest Fringe Theatre festival in North America. For food lovers, the city offers a diverse culinary landscape, from farm-to-table dining experiences to international cuisine. The Whyte Avenue area, in particular, is a hotspot for trendy eateries and unique dining experiences.

Edmonton is also a city that embraces the outdoors. With the North Saskatchewan River Valley, the largest urban park in Canada, residents have access to extensive walking, biking, and hiking trails. In the winter, the city transforms into a snowy playground, with opportunities for skiing, snowshoeing, and ice skating.

As you settle into your new home, take the time to explore these aspects of Edmonton’s lifestyle and culture. Engaging with the community and participating in local events will help you feel more connected to your new city.

FAQ: What is the weather like in Edmonton, and how should newcomers prepare for it?

Edmonton experiences a continental climate with distinct seasons. Winters are cold, with temperatures often dropping below -15°C, and snowfall is common from November through March. Summers, on the other hand, are warm and pleasant, with temperatures averaging around 20°C to 25°C. Newcomers should be prepared for the winter months by investing in proper winter clothing, such as insulated coats, boots, and gloves. It’s also important to winterize your vehicle and become familiar with snow removal practices. In the summer, lightweight clothing and sun protection are essential, as Edmonton enjoys long daylight hours and sunshine. Understanding and preparing for Edmonton’s weather will help you adjust comfortably to the city’s climate.

Smooth Your Transition: Expert Guide for Newcomers Moving to Edmonton

Moving to Edmonton is a significant step, but with the right information and support, it can be an exciting and rewarding experience. From choosing the perfect home and neighborhood to understanding the city’s essential services and real estate market, this guide for newcomers moving to Edmonton is your comprehensive resource for making a smooth transition. 

For personalized assistance and expert guidance throughout your move, contact the Dave Ozubko Real Estate Team at 780-966-8227. We’re here to help you find the perfect home and make Edmonton your new home.

Discover Top 5 Sought After Neighborhoods in Edmonton

Monday, February 5th, 2024

 

 

In the ever-evolving landscape of Edmonton’s real estate market, understanding which neighborhoods are most sought after is crucial for both investors and homebuyers. The allure of these areas isn’t just in their current popularity but in their potential for future growth and community development.  As your trusted guides in the realm of Edmonton real estate, the Dave Ozubko Real Estate Team will provide a comprehensive guide to the most sought after neighborhoods in Edmonton, highlighting the unique features that make them appealing for real estate investments.

The top sought after neighborhoods in Edmonton include Windermere, known for its luxurious properties and scenic views. Next is Oliver, popular for its vibrant urban lifestyle and proximity to downtown amenities. Then Strathcona is cherished for its historic charm and active community. Another is Glenora, famed for its prestigious homes and lush green spaces. Lastly, Summerside is desirable for its unique lake community and family-friendly atmosphere.

Sought After Neighborhoods in Edmonton

Windermere: Luxury and Scenic Beauty

Nestled in the Southwest corner of Edmonton, Windermere stands out among the sought after neighborhoods in Edmonton for its luxurious properties and breathtaking scenic views. This area is a testament to modern luxury living, with its high-end homes and meticulously planned landscapes. As you stroll through Windermere, you’re greeted by a serene atmosphere, underscored by its proximity to the North Saskatchewan River and vast green spaces.

The real estate market here has seen consistent growth, making it a wise choice for those looking to invest in property that appreciates over time. The lifestyle in Windermere is tranquil yet sophisticated, offering amenities that cater to comfort and convenience.

Oliver: Urban Vibrancy and Downtown Proximity

In contrast to the serene Windermere, Oliver thrives on its urban energy. As one of the most vibrant sought after neighborhoods in Edmonton, it appeals to those who love the hustle and bustle of city life. Its prime location near Edmonton’s downtown core means residents have easy access to some of the city’s best dining, shopping, and entertainment options.

Oliver’s real estate market is as diverse as its community, ranging from modern condos to historic apartments. This neighborhood is a hub for those who seek a lifestyle that combines the convenience of urban living with the charm of a close-knit community.

Strathcona: Historic Charm and Community Spirit

Strathcona, revered for its historic charm and active community, is another gem among the sought after neighborhoods in Edmonton. This district’s rich history is visible in its well-preserved architecture and vibrant arts scene. The famous Whyte Avenue, lined with quaint shops and cafes, forms the heart of Strathcona, providing a lively backdrop for both residents and visitors.

The community here is notably engaged, often coming together for various cultural and social events. The real estate in Strathcona varies, offering something for every taste and budget while promising a lifestyle steeped in culture and community spirit.

Glenora: Prestige and Green Spaces

Glenora, known for its prestigious homes and lush green spaces, stands as a beacon of elegance among Edmonton’s neighborhoods. This area is synonymous with luxury and tranquility, characterized by its stately homes and mature tree-lined streets. Glenora offers a peaceful retreat from the city’s hustle while remaining conveniently close to downtown.

The properties here are not just homes but statements of style and sophistication. Investing in Glenora means investing in a legacy, as the neighborhood is known for its stability and a long-standing reputation for excellence.

Summerside: A Unique Lake Community for Families

Last on our list, but certainly not least, is Summerside. This neighborhood is unique among the sought after neighborhoods in Edmonton for its lake community. Designed around a man-made lake, Summerside offers a lifestyle that’s both recreational and family-friendly. The community here is tightly-knit, often gathering for beachside activities and neighborhood events.

The real estate in Summerside is diverse, catering to families of all sizes. Living in this neighborhood means enjoying the perks of a vacation-like setting year-round.

Factors to Consider When Choosing a Neighbourhood in Edmonton

When choosing a neighborhood in Edmonton for long-term investment, consider the following factors:

  • Growth Potential: Look for areas with potential for future development or improvement. Neighborhoods with planned infrastructure upgrades or new amenities can be promising.
  • Historical Property Value Trends: Examine the historical trends in property values in the area. Consistent appreciation is a good indicator of a solid investment.
  • Community and Demographics: Understanding the community demographics is crucial. Areas popular with families, professionals, or students can influence rental demand and property value.
  • Accessibility and Transportation: Proximity to public transportation, major highways, and essential services like hospitals and schools can enhance a property’s appeal.
  • Local Amenities: Check for local amenities such as parks, shopping centers, restaurants, and entertainment options. These contribute to the quality of life and are attractive to potential buyers or renters.
  • Safety and Crime Rates: Safety is a significant concern for most residents. Lower crime rates can increase property values and demand.
  • School District Quality: For family-oriented neighborhoods, the quality of local schools can greatly impact property values.

By carefully considering these factors, investors can make informed decisions about which Edmonton neighborhoods offer the best potential for long-term growth and stability.

FAQ: How Do Edmonton’s Seasonal Changes Impact Real Estate Choices in These Neighbourhoods?

In Edmonton, seasonal changes can significantly impact your real estate choices in various neighborhoods. During the winter, areas with efficient snow removal services and good access to indoor amenities like Windermere and Oliver might be more appealing. In contrast, neighborhoods like Summerside, with its lake and outdoor activities, are particularly attractive in the summer. It’s important to consider how each season can affect lifestyle, commute, and property maintenance in your chosen neighborhood.

Find Your Ideal Edmonton Home

Edmonton’s real estate landscape offers a variety of options for every type of buyer or investor. These top five sought after neighborhoods in Edmonton showcase the diversity and appeal of the city. Whether you’re seeking luxury, vibrancy, history, prestige, or a family-friendly environment, Edmonton has a neighborhood that will meet your needs.

For more detailed information and expert guidance on these sought after neighborhoods in Edmonton, or to explore other real estate opportunities in the city, contact the Dave Ozubko Real Estate Team. Our expertise and deep understanding of Edmonton’s real estate market can help you find the perfect home or investment property.

Understanding Condo Fees: A Guide for Edmonton Condo Owners

Tuesday, October 10th, 2023

 

 

If you’re a condo owner in Edmonton, understanding condo fees is essential for responsible homeownership. Condo fees, often a topic of curiosity and concern, play a vital role in your monthly budget and the overall financial health of your community. 

What Are Condo Fees in Edmonton?

Condo fees are the lifeblood of condominium living in Edmonton. They are monthly payments made by condo owners to cover shared operational costs and maintenance of common areas and amenities. These fees are crucial for ensuring the proper functioning and upkeep of your condo community. Let’s start by breaking down some essential aspects of condo fees:

  • Distinctive Payments: Unlike traditional homeownership, where you’re solely responsible for all property-related expenses, condo fees are collective payments made by all unit owners to sustain the communal aspects of condominium living.
  • Collective Responsibility: Condo fees promote collective responsibility. They contribute to a shared pool of funds that the condominium corporation manages to maintain and enhance the overall living experience within the community.
  • Essential Services: These fees fund various essential services, such as landscaping, snow removal, building maintenance, insurance, and contributions to the reserve fund for future repairs.

How Much Is a Typical Condo Fee in Edmonton?

While there’s no one-size-fits-all answer, the typical range of condo fees in Edmonton can vary widely. It’s essential to understand that several factors influence these fees:

  • Size of Your Unit: The square footage of your condo unit often plays a significant role in determining your monthly fee. Larger units may have higher fees due to increased use of common areas and utilities.
  • Amenities Offered: Condominiums that offer more extensive amenities, such as gyms, pools, and concierge services, generally have higher condo fees to cover the additional maintenance and operational costs.
  • Operating Budget: The overall operating budget of the condominium corporation is a key factor. If the community has many expenses, it may lead to higher condo fees.
  • Reserve Fund Contributions: A portion of your condo fees goes toward the reserve fund, which is essential for future repairs and replacements. Communities with a well-funded reserve tend to have more stable fees.

Understanding these factors can help you make sense of the range of condo fees you might encounter in Edmonton. It’s essential to review the specific fees for the condominium you’re interested in to gain a precise understanding of your financial obligations.

Calculating Your Monthly Condo Fee

The process can seem complex, but it’s based on a clear set of rules and formulas. Here’s a simplified overview:

  • Operational Costs: The bulk of your condo fees covers operational costs, such as landscaping, cleaning, and utilities for common areas.
  • Reserve Fund Contribution: A portion of your fee is allocated to the reserve fund, ensuring that funds are available for major repairs and replacements.
  • Unit Factors: Fees are often calculated based on a “unit factor.” This factor reflects the size and features of your unit compared to others in the condominium.
  • Amenity Fees: If your condo has additional amenities, such as a pool or fitness center, you’ll contribute more to cover their upkeep.

For example, if your condo unit has a larger unit factor or your condominium offers extensive amenities, your fee will likely be higher. Understanding these components allows you to anticipate and budget for your monthly condo fee confidently.

Dealing with Condo Fee Adjustments

Condo fees, though typically stable, can change over time due to factors such as increased operational costs, necessary repairs, or enhanced amenities. To navigate these adjustments effectively, it’s essential to stay proactive. Firstly, understanding the reasons behind fee increases, whether they stem from necessary maintenance or upgrades, is crucial. Secondly, incorporating potential fee adjustments into your budgeting strategy helps you avoid financial surprises. Lastly, maintaining open communication with your condo board and staying informed about proposed changes allows you to prepare for these adjustments and maintain your financial stability within the condominium community.

What’s Included in Condo Fees?

Understanding what your condo fees cover is essential to appreciate their value. Typically, condo fees encompass a wide range of services and expenses, which may include:

  • Common Area Maintenance: Cleaning, maintenance, and repairs for shared spaces like hallways, lobbies, and elevators.
  • Landscaping and Groundskeeping: Care for outdoor areas, including lawns, gardens, and parking lots.
  • Utilities: Payment of utilities for common areas, such as lighting and heating in hallways and parking garages.
  • Insurance: Coverage for the building’s structural insurance, while individual unit owners are responsible for their contents.
  • Reserve Fund Contributions: Setting aside funds for future repairs, replacements, and capital improvements.
  • Amenities: Maintenance and operation of shared amenities like fitness centers, pools, and recreational areas.

Knowing exactly what your condo fees cover ensures that you’re getting value for your money and helps you appreciate the benefits of condo living.

Navigating Condo Fee Schedules

Condo fee schedules can be intricate and may include multiple line items. Here’s how to decode them:

  1. Line Item Breakdown: Look for a breakdown of expenses, showing what each portion of your fee covers.
  2. Reserve Fund Contributions: Understand how much of your fee goes into the reserve fund and what it’s designated for.
  3. Special Assessments: Be aware of any special assessments that might be charged for unexpected expenses or emergencies.
  4. Payment Due Dates: Note the due dates for your condo fees, and ensure you pay them on time to avoid penalties.

Effective navigation of your condo fee schedule is essential for budgeting and financial planning.

Evaluating Your Community’s Financial Health

Evaluating your condo community’s financial health is crucial for long-term peace of mind. To do so effectively, start by reviewing financial reports provided by your condo association. Pay close attention to the balance of the reserve fund and any outstanding debts or obligations. Additionally, look for the results of a reserve fund study, which assesses the fund’s adequacy for future expenses; a well-funded reserve is indicative of a healthy community. Engaging with your condo board by attending meetings and actively participating in discussions is essential to stay informed about financial matters. A financially stable community is more likely to maintain reasonable condo fees and promptly address maintenance and repair needs, ensuring a positive living experience for all residents.

Smart Budgeting for Condo Fees

Managing condo fees effectively is all about smart budgeting. Here are some practical tips:

  • Create a Monthly Budget: Include your condo fees as a fixed expense in your monthly budget, ensuring you allocate funds for them.
  • Emergency Fund: Maintain an emergency fund to cover unexpected fee increases or assessments.
  • Regularly Review Your Budget: Periodically revisit your budget to ensure it aligns with your financial goals and accommodates fee changes.
  • Seek Professional Advice: If you’re uncertain about budgeting or need assistance, consider consulting a financial advisor.

By implementing these budgeting practices, you can ensure that condo fees are integrated smoothly into your financial plan.

FAQ: Are Condo Fees in Edmonton Tax-Deductible?

In most cases, condo fees in Edmonton are not tax-deductible for individual condo owners. Condo fees primarily cover the maintenance and operational costs of common areas and shared amenities within the condominium complex. While there are tax deductions available for certain expenses related to homeownership, such as mortgage interest and property taxes, condo fees typically do not fall under these deductible categories. It’s advisable to consult a tax professional or accountant for specific guidance on your personal tax situation and potential deductions.

Condo fees in Edmonton are a necessary aspect of condominium ownership, supporting the maintenance and management of the community. By understanding what these fees cover and the factors that influence them, you can make an informed decision when considering condo ownership in this city. Proper budgeting and due diligence will help ensure a positive and financially secure condo living experience in the vibrant and growing city of Edmonton. If you are looking for a new condominium or plan on selling a property, contact Dave Ozubko Real Estate Team at (780)-966-8227 to make your real estate dreams come true.