Tiffany Place Real Estate
Welcome to Tiffany Place
Discover the convenience and value of Tiffany Place, a low-rise condominium complex located at 12404 114 Av NW in the mature Inglewood community. This building is an ideal choice for first-time homebuyers, students, and investors, offering an affordable entry into the real estate market in a highly accessible, central-northwest location. Its prime position just off the vibrant 124th Street district makes it a practical and desirable home base. Explore all Edmonton condos for sale to start your search.
Convenient and Affordable Central Living
The lifestyle at Tiffany Place is defined by accessibility. Situated in a quiet residential pocket, it’s just a short walk to one of Edmonton’s most exciting cultural and culinary hubs. The mature, tree-lined streets of Inglewood provide a pleasant atmosphere to come home to after enjoying the nearby amenities.
Tiffany Place Building Features
- Building Type: A low-rise apartment-style condominium (APTLO).
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- Excellent Location: Located in the Inglewood community at 12404 114 Av NW[cite: 423].
- Affordable Ownership: A budget-friendly option perfect for entering the Edmonton real estate market.
- Practical Living: The building offers a low-maintenance condo lifestyle with resident parking.
The Inglewood & 124th Street Lifestyle
Living in Inglewood means being part of a well-established and evolving community with fantastic access to some of the city’s best amenities.
Proximity to the 124th Street District
A key advantage of this location is the short walk to the renowned 124th Street district. This vibrant area is a premier destination for boutique shopping, independent art galleries, and some of Edmonton’s most acclaimed cafes and fine dining restaurants.
Unbeatable Access to Major Routes
With 124th Street nearby, you have a direct route towards the downtown core. The location also offers quick access to major corridors like Groat Road, St. Albert Trail, and Yellowhead Trail, making for efficient commutes across the city.
A Mature, Revitalizing Community
Inglewood is a charming, historic neighbourhood characterized by mature trees and local parks. The area continues to see revitalization, blending its classic character with modern infill and new energy.
Real Estate at Tiffany Place
Condos at Tiffany Place offer a fantastic combination of affordability and a desirable, walkable location. This makes them a highly attractive option for first-time homebuyers and real estate investors. The consistent demand for rental properties in central, amenity-rich neighbourhoods ensures this building remains a sound investment with strong rental potential.
Common FAQs
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What is the average price range for homes in Tiffany Place?
The average price range for homes in Tiffany Place varies depending on the type and size of the property. Generally, prices can range from mid to high, depending on the market and specific property features.
Are there any schools located near Tiffany Place?
Yes, Tiffany Place is located near several reputable schools, including elementary, middle, and high schools. This makes it a convenient location for families with school-aged children.
What is the community vibe like in Tiffany Place?
Tiffany Place is known for its friendly and welcoming community. The neighborhood has a mix of families, professionals, and retirees, creating a diverse and inclusive environment. Residents often enjoy community events and neighborhood gatherings.
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Condo Search FAQs
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What are condo fees and what do they typically cover?
Condo fees (or maintenance fees) are monthly contributions from each owner that go towards the building’s shared expenses. In Edmonton, these typically cover professional management, reserve fund contributions, landscaping, snow removal, common area maintenance (like hallways and lobbies), and building insurance. In many buildings, they also include utilities like heat and water.
What is a reserve fund and why is it important?
A reserve fund is a mandatory savings account maintained by the condo corporation to pay for major repairs and replacements of the building’s common elements over time (e.g., roof replacement, window upgrades, boiler replacement). A healthy reserve fund is crucial because it helps prevent large, unexpected “special assessments” (a lump-sum bill for each owner) when major work is needed.
Is buying a condo in Edmonton a good investment?
Condos can be an excellent investment in Edmonton, offering a more affordable entry point into the real estate market and a low-maintenance lifestyle. They are particularly popular in desirable areas like Downtown, Oliver, and near the University. Like any property, its value depends on location, the quality of the building’s management, and overall market trends.
What should I look for in the condo documents?
When you make an offer on a condo, it’s critical to review the condo documents. The key items to examine are the Reserve Fund Study (to ensure it’s well-funded), the annual budget, the board meeting minutes (to check for upcoming issues), and the bylaws (to understand rules regarding pets, renovations, etc.). We help all our clients navigate these documents to ensure they’re making a sound purchase.
What are the main benefits of condo living?
The primary benefits of condo living are a low-maintenance lifestyle (no shoveling snow or cutting grass), access to shared amenities (like fitness centres, pools, or social rooms), enhanced security, and often a lower purchase price compared to a single-family home in the same neighbourhood. It’s an ideal choice for first-time buyers, downsizers, and busy professionals.