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
-
206 11140 68 Avenue in Edmonton: Zone 15 Condo for sale : MLS®# E4355648
206 11140 68 Avenue Edmonton T6H 2C2 
$329,900CondoCourtesy of Doug Singleton of Royal LePage Noralta Real Estate- Status:
- Active
- MLS® Num:
- E4355648
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 958 sq. ft.
Welcome to this 958 sq ft apartment in peaceful Park Allen. This lovely 2nd floor condominium offers 9 ft ceilings, central air conditioning, hardwood flooring throughout, stainless steel appliances in the kitchen, a corner electric fireplace in the bright living room, 2 bedrooms including the primary with a 3 piece ensuite and walk-in closet, in-suite laundry and a 4 piece main bath. Enjoy the smell of the pine trees right next to your balcony. Park One West offers recreation facilities, 1 underground parking stall & storage room and professional management. Located in the Park Allen community, close to area shopping, parks, schools, public transportation and easy access to the University of Alberta, Southgate Shopping Centre and Whitemud Drive. A Great Place to Call Home! More details
- ALAN MACDONALD
- Maxwell Challenge Realty
- 1 (780) 918 1497
- Contact by Email
-
302 11140 68 Avenue in Edmonton: Zone 15 Condo for sale : MLS®# E4357754
302 11140 68 Avenue Edmonton T6H 2C2
$355,000CondoCourtesy of Lorraine Alfonsi of MaxWell Devonshire Realty- Status:
- Active
- MLS® Num:
- E4357754
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,027 sq. ft.
Great opportunity to own this lovely 2 bedroom 2 bathroom unit in this steel and concrete building in the heart of Parkallen! This condo comes with one titled underground parking stall which includes the storage unit in front of the stall. This unit has been well maintained and features granite counters, stainless steel kitchen appliances, dark laminate flooring, California cloests custom storage unit in living room, 9 ft ceilings, electric fireplace, new furnace and AC unit. There is truly nothing to do but move in. The layout is excellent for sharing with bedrooms and bathrooms at opposite sides of the unit. East facing patio. This building has an excersize room and an amenties room. This building is located in front of the school grounds/park and is around the corner from the community centre and the local ice cream shop, coffee shop and bakery. Easy access to UofA, Southgate, Whyte Ave, LRT. More details
- ALAN MACDONALD
- Maxwell Challenge Realty
- 1 (780) 918 1497
- Contact by Email
-
401 11140 68 Avenue in Edmonton: Zone 15 Condo for sale : MLS®# E4358656
401 11140 68 Avenue Edmonton T6H 2C2
$384,900CondoCourtesy of Tennille M Sydor of Homes & Gardens Real Estate Limited- Status:
- Active
- MLS® Num:
- E4358656
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,073 sq. ft.
What a RARE find! This unique original owner 2 bedroom, 1 1/2 bath condo is nestled in the quaint community of Parkallen. This GEM of a UNIT has had $80,000 in renovations & upgrades to accommodate those w/ mobility concerns. The kitchen was tastefully redone with an open concept, white cabinetry, gleaming granite counters, Jenn-Aire appliances and access for anyone to cook like a chef! Both bedrooms are roomy with lifts to take you from bed to the bathrooms with ease...the primary had a total ensuite renovation with glorious walk-in/wheel-in shower. Views from the balcony of the park & school across the street provide tranquility and peace. Added features of this property are A/C, gas line for BBQ on the deck, plus the elevator leads to your tandem underground parking, storage room, fitness room & meeting room in the building. Just down the street is the community centre, park, community garden, coffee shop, bakery & more! You will be impressed with everything that this unit and area has to offer! More details
- ALAN MACDONALD
- Maxwell Challenge Realty
- 1 (780) 918 1497
- Contact by Email
-
6261 112A Street in Edmonton: Zone 15 House for sale : MLS®# E4355127
6261 112A Street Edmonton T6H 3K4
$457,000Single FamilyCourtesy of Samantha King of RE/MAX River City- Status:
- Active
- MLS® Num:
- E4355127
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 972 sq. ft.
Nestled in the highly sought-after neighborhood of Parkallen, this charming bungalow has two living spaces & original charm. On the main floor you will find two generous bedrooms, an updated full bathroom, a bright living room, kitchen, laundry & a flex space that would make the perfect office/den. The 1 bedroom in-law suite has a full bath & kitchen, & feels like a ground level unit with the strategic lighting & thoughtful layout. The basement was refinished in 2009, including separate laundry & a private entrance. Upgrades include new insulation in attic (2023), shingles & skylights (2019). The hot water tank, furnace & furnace intake lines were replaced with weeping tiles & sump pump added (2009) & new sewer lines (2016). The backyard has been thoughtfully planned out, & the oversized double garage was built in 1999 with built-in storage, with more parking in front of the garage. Situated near schools & the university, this home is a prime location for both families & students alike. More details
- ALAN MACDONALD
- Maxwell Challenge Realty
- 1 (780) 918 1497
- Contact by Email
-
11227 72 Avenue in Edmonton: Zone 15 House for sale : MLS®# E4357056
11227 72 Avenue Edmonton T6G 0B4
$475,000Single FamilyCourtesy of Justin Tazi of Exp Realty- Status:
- Active
- MLS® Num:
- E4357056
- Bedrooms:
- 5
- Bathrooms:
- 4
- Floor Area:
- 784 sq. ft.
Prime Investment Opportunity in an Unbeatable Location! Immediate possession available! Fully renovated bungalow situated just minutes from the LRT, U of A, restaurants, shops and Whyte Ave. This home has it all - 5 spacious bedrooms, 4 modern bathrooms, 2 sets of washers & dryers, with newer windows, kitchen cabinets, stainless steel appliances, laminate flooring and ceramic tiles. Not to mention newer furnace, water tank, plumbing and electrical! Separate side door gives easy access to the fully finished basement. Plenty of parking in the back with double detached garage. A student housing dream! 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
[60013]
