Property

Constructed in 1974, Parkridge Estates is located in the Rundle Heights District, next to Rundle Park, on 5.1 acres of prime Edmonton real estate.
Parkridge has six similarly designed buildings that feature single storey two bedroom apartment-style units located above two storey three-bedroom townhouses with 130 energized, surface parking stalls.
Three of the buildings contain 16 townhouses and 8 apartments while the other three buildings consist of 12 townhouses and 6 apartments to make a total of 126 units.
The three-bedroom townhomes are 990 square feet and the two-bedroom condominiums range in size from 829 square feet to 840 square feet.
An incredible grand total $3,247,500 in quality exterior and interior renovations is being spent on all six buildings.

Financial

A Reserve Fund of $100,000 has been established for the property, and an annual reserve allocation through the Condo Budget of $45,000 has been set up to maintain the fund.

Parkridge Estates will be managed by Gateway West Management Corporation.
With over 40 years of Property Management experience, Gateway has extensive experience in the condominium market. More important than Gateway's experience is their reputation for providing property owners with the highest caliber of professional service and support.