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Feature Condo: Edgecliff Estates

Posted by Serhan Tarkan on Friday, May 13th, 2016 at 1:28pm.

Edenwold Heights, Edgemont
Arriva Calgary Condos

Perched atop of Edgemont and Nose Hill Park is the 252 suite condo complex known as Edgecliff Estates. Built in the early 1990s of wood-frame construction, the complex was always designed for young buyers who wanted to leave their parents’ home and still be close to the University of Calgary and SAIT.

The 9 building, 3 storey complex is completely a walk-up (no elevator), so unless you’re on the main floor, you’ll be carrying your groceries and asking your friends to help you move. The size of the condos vary from 1 bedroom units at 700 square feet to 2 bedrooms nearing 1000 square feet.  The South facing units of Buildings 1 and 2 boast some spectacular views of downtown Calgary and the Mountains. They rarely come up for sale. SEE WHAT’S CURRENTLY FOR SALE.

Unfortunately Edgecliff Estates’ biggest claim to fame was the $10M dollar special assessment that was handed out to the owners back in 2008. The building envelope was desperately failing and so most owners had to come up with $30,000 or more through a special assessment. This made local news numerous times in Calgary with some people having their homes put into foreclosure.

Thanks to those dark days of assessments today it’s a more modern looking building than it’s previous pink stucco and it’s ideal for investors or parents looking to put their kids up in safe and good environment.

Serhan Tarkan

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