Parkallen At A Glance
Homes in Parkallen
• Average Asking Price (2012): $407,800
• Asking Price Range (2012): $145,000 to $686,900
• Average Home Size (Approx): 1140ft²
• Size Range (Approx): 550ft² to 2300ft²
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2 6712 112 Street in Edmonton: Zone 15 Condo for sale : MLS®# E4331602
2 6712 112 Street Edmonton T6H 3J8 
$124,900CondoCourtesy of Melissa T Hunter of Century 21 Masters- Status:
- Active
- MLS® Num:
- E4331602
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 572 sq. ft.
The endless charm in this 1950’s era suite includes brand new oversized windows, original hardwood floors, and coved ceilings. This unit includes ample storage both inside the unit and in the two storage spaces (one inside & one in the garage). Each unit is offered a garden bed in the backyard where you will also find a treed greenspace, picnic table and a powered parking pad. Only four blocks away from the new South Campus LRT. Steps away from Cafes, Artisan Ice Cream, Playgrounds - just a few of the amenities that make this location simply unbeatable. This is co-operative living - if being part of a community, having helpful and caring neighbours is important to you, look no further! More details- ALAN MACDONALD
- Maxwell Challenge Realty
- 1 (780) 918 1497
- Contact by Email
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103 11140 68 Avenue in Edmonton: Zone 15 Condo for sale : MLS®# E4329359
103 11140 68 Avenue Edmonton T6W 2A1
$209,900CondoCourtesy of June A Rorke of RE/MAX Elite- Status:
- Active
- MLS® Num:
- E4329359
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 716 sq. ft.
Welcome to Park One West! This spacious CORNER UNIT in a CONCRETE building in the highly desirable UNIVERSITY LOCATION yet also tucked away on a quiet street in the desirable PARKALLEN neighbourhood. Featuring HIGH END finishings such as solid maple cabinets, granite counter, stainless steel appliances, 9ft ceilings, and fresh modern paint throughout. Stay comfortable year round with CENTRAL A/C and a cozy corner FIREPLACE. Huge wraparound patio off the living room is ideal for relaxing outside and entertaining guests. A large bedroom with walk-in closet, 4-piece bathroom & in-suite laundry/storage room completes this ideal floor plan. A HEATED UNDERGROUND TITLED PARKING STALL with a LARGE ATTACHED STORAGE ROOM are included in the sale! A well managed complex with low condo fees offering additional amenities such as GYM & MEETING ROOM. Invest in QUALITY with concrete construction and a timeless University location! Walking distance to transit (LRT & Bus). Quick possession available! More details- ALAN MACDONALD
- Maxwell Challenge Realty
- 1 (780) 918 1497
- Contact by Email
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104 6720 112 Street in Edmonton: Zone 15 Condo for sale : MLS®# E4331308
104 6720 112 Street Edmonton T6H 3J8
$239,888CondoCourtesy of Nichola E Servante of RE/MAX River City- Status:
- Active
- MLS® Num:
- E4331308
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 927 sq. ft.
Stunning main floor condo in the desirable community of Parkallen. With 2 bdrms & 2 full bthrms, this unit is perfect for young professionals or small families. As you enter, you are greeted w/ an open concept that seamlessly blends the living, dining, & kitchen areas. The large windows and 10' ceilings provide natural light & a spacious feel. The kitchen features modern appliances, sleek cabinetry, & island w/ plenty of storage. The primary bdrm is a serene retreat w/ a spacious walk-in closet & a luxurious 4-pc ensuite bthrm, complete w/ a full-size tub. The second bdrm is perfect for guests or home office & second bthrm is also a 4-pc bthrm, ensuring plenty of space for everyone. The unit also includes in-suite laundry & additional storage. Just steps away from the LRT, providing easy access to downtown, the UofA, Whyte Ave. & other parts of the city. This unit is perfect for those looking for a convenient location, modern amenities, & a comfortable living space. Don't miss this great opportunity! More details- ALAN MACDONALD
- Maxwell Challenge Realty
- 1 (780) 918 1497
- Contact by Email
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101 11120 68 Avenue in Edmonton: Zone 15 Condo for sale : MLS®# E4328842
101 11120 68 Avenue Edmonton T6H 2C2
$274,900CondoCourtesy of Megan Mohr of RE/MAX Elite- Status:
- Active
- MLS® Num:
- E4328842
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,083 sq. ft.
Welcome to Park One East, a fabulous building steps away from all amenities, including transit, parks, U of A, Whyte Ave & the River Valley. This main floor unit is sure to IMPRESS, featuring AC, 2 bedrooms, 2 baths, plus UNDERGROUND PARKING! You are invited in to find a spacious entrance with 9' ceilings & home filled with natural light. The kitchen boasts plenty of cabinets, stainless steel appliances & granite peninsula island that over looks the dining area. LOVE the living room with cozy corner fireplace. The king sized primary suite offers a walk in closet & 3pc ensuite. Second bedroom, 4pc bathroom & laundry/storage space compliments this well laid out home. ENJOY the covered patio with gas hook up for BBQ. UNDERGROUND parking with a secure storage cage in front. Building amenities include a SOCIAL ROOM, EXERCISE ROOM & visitor parking. More details- ALAN MACDONALD
- Maxwell Challenge Realty
- 1 (780) 918 1497
- Contact by Email
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208 11120 68 Avenue in Edmonton: Zone 15 Condo for sale : MLS®# E4329803
208 11120 68 Avenue Edmonton T6H 2C2
$289,000CondoCourtesy of Kevin A Machado of RE/MAX Professionals- Status:
- Active
- MLS® Num:
- E4329803
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,140 sq. ft.
Welcome to your new home in the sought after Park One East building in the heart of Parkallen! This second floor corner unit has 2 bedrooms, 2 baths, a bright open kitchen, & DOUBLE (tandem) UNDERGROUND PARKING with STORAGE ROOM! The kitchen features plenty of storage, granite countertops & a large island, perfect for making those large meals. Your living room is filled with natural light & corner fireplace, to keep you cozy on those winter evenings. Enjoy the all day sun on your south facing covered balcony with lovely views. The building also features exercise & social rooms as an added bonus. Love living in this quiet building in a desirable neighbourhood while enjoy being close to U of A, Whyte Ave, Southgate Mall & LRT the beautiful River Valley. WELCOME HOME!!! More details- ALAN MACDONALD
- Maxwell Challenge Realty
- 1 (780) 918 1497
- Contact by Email
Parkallen Real Estate Market
• Hot Market Index (2012): 59.9 °G
• Absorption (2012): 62.1%
• Buyer Willingness (2012): 94.7%
• Desirability Score (2012): 93.0/100 (Very desirable)
• Dilapidation Score (2006)*: 13.8% (Okay)
Parkallen Hot Market Index as compared to the City Average (2012)
Amenities
• Accessibility Score: 49 homes per point of access (Excellent).
• Parking: Very good.
• Transit: 10 bus stops.
• Parks: 2 parks within neighbourhood boundaries
Location & Description
Parkallen is built on a modified grid with narrower streets and treed boulevards. A quiet neighbourhood with excellent access to the University area, but no through traffic, Parkallen is a great family neighbourhood with an elementary school and a bit of park land.
The homes in the area are fairly expensive because of the location in general and asking prices range from $145,000 for a condo to $686,900 for a large home – average asking prices are just over $400,000. Sizes of homes range anywhere from 550ft² apartments all the way to 2300ft² two-storeys, but average is a reasonable 1140ft²
The area is quite desirable, with only 6% of the owners in the area interested in selling. The Hot Market Index is quite high for the area as well. I think this shows quite the interest in the inner city and especially areas just south of the river. The area is so beautiful and the prices are still pretty good, so I bet interest continues to grow for Parkallen. Currently the Index is at a very warm 59.9 °G – much higher than most neighbourhoods. I would say that Parkallen would be a good investment for a the future. Once people realize how great it is, those prices are likely to rise.
Parkallen is located in Edmonton real estate zone 15 along with McKernan, Allendale, Queen Alexandra, Garneau, Windsor Park and the University of Alberta.
A bar graph showing when homes were constructed in Parkallen
A pie chart showing home types in Parkallen
There is a good mix of property types in Parkallen. 65% houses (mostly bungalow and semi-bungalows), 20% low-rise apartments, 14% semi-detached homes (like duplexes and triplexes). And the remainder is from a high-rise in the area.
A pie chart showing the percentage of homes that are rented versus owned in Parkallen
Occupancy in Parkallen is very close to the City of Edmonton average. That is, there are 62% owners and 38% renters in the area. Pricing of homes is what affects rental rates the most, and these houses are quite expensive still, so there are not as many investors as there would be in less expensive neighbourhoods.
Condos in Parkallen
There are only 4 condo buildings in Parkallen, they are:
• Beau Park – 6815 112 St
• Park One East – 11120 68 Ave
• Park One West – 11140 68 Ave
• Parkallen Pointe – 6720 112 ST | A no-pet, low-rise apartment built in 2011
Schools in Parkallen
Elementary:
Parkallen School – 6703 112 St |780 434 8503
Junior High:
~ None in this neighbourhood
High Schools:
~ None in this neighbourhood
Other Schools:
~ None in this neighbourhood
Parks & Recreation
There are 2 City parks in Parkallen. They are:
• Ellingson Park – 11104 65 Ave
• Violet Archer Park – 10920 70 Ave
Access & Parking
Access to and out of Parkallen is decent with 19 points of entry/exit. That’s one street for every 49 houses, so getting around even during rush hour should be reasonable. Distances to the University of Alberta, Downtown and Southgate Mall are quite good as well.
Parking in the area shouldn’t be a problem either. Besides some narrower streets, there should be no restrictions on parking in Parkallen. The area is far enough from the University and Whyte Avenue to have any parking restrictions.
Transit
There are 10 bus stops in Parkallen, giving a transit score of 940/10, or 94 homes per bus stop – not bad at all. Catching the bus shouldn’t be too difficult, and there is always the LRT station close by at South Campus Station near Foote Field.
* Source: 2006 Census of Canada, Statistics Canada
by +Alan F Macdonald REALTOR® | Copyright © – gimme-shelter.com
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