[IanO]

Is Oliver Edmonton’s urban investment gem?

Something exciting is happening in Oliver, one of Edmonton’s oldest and densest neighbourhoods. At just under 2 square kilometers in size, this community is home to about 20,000 residents and integrates a wide range of living, working and amenity spaces. Originally known as “the West End,” and...

www.canadianarchitect.com

 

[IanO]

Would love to see a dozen of these along or next to 124st.

https://cdn.skyrisecities.com/sites/default/files/images/projects/53944/53944-164175.jpeg

 

[IanO]

 

[Gronk!]

Repost from another thread:

I hope Plaza 124 is converted to a mixed-use building that includes a hotel.
124 St is dying for hotel space.

 

[fromyeg]

Was this already on our radar?

Mixed use midrise on the bike lane would be great.

 

[TAS]

View attachment 577052

Was this already on our radar?

Mixed use midrise on the bike lane would be great.

This property was fully stripped down and rebuilt 2 years ago. It was converted to 3 office spaces on three levels. I think now they are looking to see it rezoned to allow residential again?

It won't be rebuilt.

 

[Barnaby]

That property will sell for what it's worth. One of the most tragic renovations I've seen in the area.

The row housing renovation next to it is great for the neighbourhood, but painting the brick is a crime.

 

[northlands]

The row housing renovation next to it is great for the neighbourhood, but painting the brick is a crime.

No kidding. Few renovations are as big of an aesthetic crime as painting red brick into a faux modern black/white. It looks terrible now and will look 10x worse in a decade.

 

[Avenuer]

Don't know what the rationale was behind that 'renovation', as the house is much worse looking then it was before. Should've left it alone or moved it to the front of the lot and develop behind it.

 

[IanO]

https://www.realtor.ca/real-estate/27268641/10512-125-st-nw-edmonton-westmount?view=imagelist

 

[Barnaby]

View attachment 586962View attachment 586963

https://www.realtor.ca/real-estate/27268641/10512-125-st-nw-edmonton-westmount?view=imagelist

That will have an offer this weekend

 

[Avenuer]

That will have an offer this weekend

Good price for that place - what are they hiding, lol

 

[Didama]

It’s actually on par with the neighbourhood (I live a block from here). It always amazes me that people overlook these classic beauties and instead buy some suburban box for the same or a higher price. To each their own I guess

 

[Whatup]

It’s actually on par with the neighbourhood (I live a block from here). It always amazes me that people overlook these classic beauties and instead buy some suburban box for the same or a higher price. To each their own I guess

Maybe because "these classic beauties" have much higher maintenance costs, are in areas with higher property taxes and ageing infrastructure and are 80 years old.

 

[Avenuer]

It’s actually on par with the neighbourhood (I live a block from here). It always amazes me that people overlook these classic beauties and instead buy some suburban box for the same or a higher price. To each their own I guess

I figured it's lower-priced then similar four squares in the neighbourhood, but maybe there's something wrong with it that the listing isn't describing.

I, too, live in an old house (1915) that is in quite good shape, but thankfully the City has assessed it at a stupid low valuaction so my property taxes are minimal. If I was in Westmount with the same house, I'd be likely be paying double what I do now.