7204 81 Avenue Nw

This 27-unit low-rise apartment building in King Edward Park, Edmonton, was constructed in 1987 and features three floors with wood, brick and vinyl exterior. Units typically range around 960 square feet with two bedrooms and four-piece bathrooms. Recent sales have averaged approximately $121,000, with monthly condo fees averaging roughly $554. The building offers off-street parking with plug-in stalls and individual air conditioning. Located on a quiet residential street near shopping, schools and public transit, the property provides convenient access to Whyte Avenue and major routes throughout the city. Before finalizing a purchase, a professional review of the reserve fund study, financial statements, board minutes and bylaws is advisable to understand the building's financial health and any upcoming capital expenditures.