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Elements at Albany

508 Albany Way Nw, Edmonton, AB T6V 0L1

Elements at Albany, at 508 Albany Way Nw, is a condo building in the Albany area of Edmonton, Alberta. It was built in 2013, has 150 residential units and stands 4 storeys tall.

Albany
Year Built
2013
Units
150
Floors
4
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$197,131.579
Median Sold
$197,000
Price Range
$170,000 – $223,000
Avg $/SqFt
$251.104
Sales (2yr)
19
Active Listings
7
Avg List Price
$200,028.571
Avg Days on Market
43.578947368421055

Last sale: Sep 24, 2026

Condo Fees

Avg Monthly Fee
$414.276
Median Fee
$425.31
Avg $/SqFt
$0.525
Units w/ Fee Data
25
Fee IncludesHeat, Water

2026 Assessment

Avg Assessed
$184,200
Min Assessed
$136,000
Max Assessed
$211,500

Building Features

ExteriorWood, Stone, Vinyl
AmenitiesBus stop access, shopping centre, gym, walking trails, public transit
Parking/Storage Titles223
Building TypeLow-rise apartment
Floors4 storeys
Year Built2013

Policies

Pet PolicyPet-friendly building stated in one listing; another describes a smoke-free, pet-free unit

Management

Management CompanyJLR Condo Specialists Inc.

About This Building

Elements at Albany is a four-storey low-rise apartment building completed in 2013, located at 508 Albany Way NW in Edmonton's Albany community. The 150-unit complex offers two-bedroom, two-bathroom floor plans averaging around 850 square feet, with recent sales averaging approximately $197,000 and monthly condo fees around $414, which include heat and water. The building features titled underground parking (heated), in-suite laundry, and direct access to neighbouring Albany Market Square and Newcastle Shopping Centre. Situated across from public transit and within walking distance of recreation trails, shopping and dining options, the property appeals to first-time buyers and investors alike. Before finalizing any purchase, prospective owners should retain a professional to review the condo corporation's reserve fund study, financial statements, board minutes and bylaws to ensure full transparency on the building's condition and governance.

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General information, not legal advice. Building figures are approximate; confirm details in the corporation's own documents.

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