Cedar Place Condominiums - 11046-130 Street, Edmonton

Benefits of Cedar Place:
A 12 unit complex with eleven 2 bedroom units, and only one 1 bedroom unit. Eight units are currently available for sale. Located in Westmount, with excellent access to shopping (Westmount Mall), transit, parks, schools are more. Very affordable units ranging in size from 750 - 883 sq ft. Renovation options available as well.
 

Location:
Located in Westmount, close to shopping, transit, schools, and more, with easy access to both downtown, and the UofA. 

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Price List of available units:  from $139,986 - $152,986 
Click to view the complete price list here... 
 

See more listing details and interior photos on any specific units in our Featured Listings area.  Note - not all units are shown. 

Looking to buy an investment property?
See a proforma on an example unit with two different financing options here:|

• 20% down = $28,000- 9% ROI, 30% including appreciation
• 35% down = $49,000 - 7% ROI, 18+% including appreciation, with more cash flow

Registered Condo Plan:
See the condo plan with unit layouts in complex here:  condo plan page 1, page 2, page 3, page 4. 

Condo Documents:
• Information Statement - example unit here.
• Budget for 2011
• Reserve Fund Study - completed in July 2010. The board has adopted the recommendation of this on pages 55-59.  They have voted and approved as our Reserve Fund Plan to use the ‘breakeven scenario’ (attached – Cedar.10.JC2) of adding $6,000/year to the fund, which is currently at $48,500 at Sept 30th as per the financial statements. That is one factor in the increased operating budget and condo fees for 2011 (above).
• Bylaws - cover page & all rest (large file, may take a few mins to download)
Full disclosure package is available with offers. If you have any specific questions please feel free to contact us and we are happy to answer them. As with all projects we represent, this is a reputable developer and they have done their diligence for the buyer.

Any other questions or want to setup a viewing, please contact us today.