Located at 3040 Spence Wynd SW in Edmonton's Summerside community, this 16-unit apartment condominium was built in 2005. The property represents a mid-sized condo building in the neighbourhood, with units currently assessed by the City at an average value of approximately $214,000. As with any condominium purchase, prospective buyers should retain a condominium lawyer or reserve fund specialist to review the corporation's reserve fund study, financial statements, board meeting minutes, bylaws, and insurance coverage documents. This due diligence helps identify any outstanding special assessments, anticipated capital repairs, or governance issues that could affect ownership costs and enjoyment.