What do you think of this project?

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I realize the location is not for everyone, but it is a prominent spot with a nice old and unique building. I hope someone snaps it up and takes good care of it for many years to come.
 
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#1001 9720 106 ST NW, Edmonton, Alberta T5K1B6
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I'm in the market for a condo in the Grandin area and the Symphony looks very nice - condo fees are quite reasonable as well. I'm worried about the glass though and what future condo fees or special assessment payments might look like. Anyone have any info on this condo and its quality / condo management? Also, Grandin Manor - what's a better choice Grandin Manor or Symphony Tower? Thanks
 
^Do your due diligence, get minutes, ask questions. I believe that there was some drama initially, but have to hope most is now sorted in terms of builder/developer issues and lawsuit.

It's a nice building, VERY attractively priced, far more modern than Grandin (which was built well - good ol True North Properties), but is dated and would be at a far higher risk of special assessments generally speaking, higher fees etc.

The glass is spectacular and views/natural light would be amazing.
 
IanO said:
^Do your due diligence, get minutes, ask questions. I believe that there was some drama initially, but have to hope most is now sorted in terms of builder/developer issues and lawsuit.

It's a nice building, VERY attractively priced, far more modern than Grandin (which was built well - good ol True North Properties), but is dated and would be at a far higher risk of special assessments generally speaking, higher fees etc.

The glass is spectacular and views/natural light would be amazing.
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Thanks for the information - do you know if there are any new condos being planned for Oliver or Grandin that aren't rentals? All the new product seems to be rentals but I am only interested in purchasing. Thanks
 
The new condo market is essentially non-existent and so you will not see much for sale, but there is a ton of re-sale, even some new-ish places.
 
IanO said:
The new condo market is essentially non-existent and so you will not see much for sale, but there is a ton of re-sale, even some new-ish places.
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Thanks for your help - what about places in the burbs like "Edge at Larch Park" or "the Quay" - are these places decent quality?
 
It's less about location (I won't get on my location soapbox) and more about due diligence, checking minutes, trying to reach out to owners, maybe even grilling the management company.
 
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