10511 42 Avenue Nw
10511 42 Avenue Nw, Edmonton, AB T6J 7G8
10511 42 Avenue Nw is a condo building in the Rideau Park area of Edmonton, Alberta. It was built in 1998, has 103 residential units and stands 4 storeys tall.
Market Overview
Last sale: Jul 18, 2026
Condo Fees
2026 Assessment
Building Features
Policies
Known Issues & Notes
Known Issues (news/court)
[lawsuit_or_court - owner vs board dispute / oppression] Developer's exclusive use and purchase agreements for outdoor parking stalls were ruled ultra vires; the Court voided the 'sale,' ordered an accounting of rents/profits, declined to order Land Titles re-registration costs, and awarded trial and appeal costs (including $500 for remedy argument) to the condo corporation. (2004-10-06); [lawsuit_or_court - owner vs board dispute / oppression] The condominium corporation sought to avoid arbitration of its lawsuit against the developer, arguing that the initial board of managers, staffed by the developer's employees, improperly granted the developer a 100-year licence over 32 common property parking stalls for $10 and entered into an arbitration agreement without proper authority or in breach of its fiduciary duties; the Master dismissed the developer's application to stay the lawsuit in favour of arbitration, with costs awarded to the condominium corporation on Column 5, not stayed. (2000-08-04); [lawsuit_or_court - owner vs board dispute / oppression] The Court of Appeal held a developer's 100-year 'exclusive use' agreement letting it sell common-property outdoor parking stalls was an unauthorized lease under the Condominium Property Act, as required written approvals and plan boundary delineation were missing; the agreement and purchase agreements were ruled ultra vires and the appeal allowed, with remedy submissions ordered. (2004-07-08)
SourceRepairs/Projects
Healthy reserve fund with 10–30 years remaining life on major components (exterior, interior, underground parkade).
Management
About This Building
This 103-unit low-rise apartment building in Rideau Park, Edmonton, was constructed in 1998 and features four storeys of one- to three-bedroom units with underground parking. Recent sales have averaged around $172,000, with monthly condo fees averaging roughly $674. The building maintains a healthy reserve fund and has an estimated 10–30 years of remaining life on major components including the exterior, interior, and underground parkade. Amenities include a fitness centre, social room, visitor parking, and wheelchair access. Located steps from Southgate Mall, LRT transit, schools, and shopping, the property appeals to first-time buyers and investors. Before finalizing a purchase, prospective owners should engage a professional to review the reserve fund study, financial statements, board minutes, bylaws, and insurance coverage.
Nearby condo buildings
- 10421 42 Avenue Nw · built 1997 · 57 units · 134 m away
- 10431 42 Avenue Nw · built 1997 · 18 units · 134 m away
- 250 Southridge Nw · built 2006 · 3 units · 498 m away
- Garden Grove Village – 1 Garden Grove Nw · built 1971 · 82 units · 666 m away
- Southview Court – 4835 104A Street Nw · built 2005 · 220 units · 964 m away
- 5130 106A Street Nw · built 1964 · 62 units · 1.2 km away
More in Edmonton: Edmonton condo buildings and document reviews. Alberta condo document reviews
General information, not legal advice. Building figures are approximate; confirm details in the corporation's own documents.
