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Why 1101 at The Marquis Might Be the Smartest Real Estate Move in Downtown Edmonton

Let’s be honest: buying real estate in Edmonton’s core can feel like a rollercoaster. But every once in a while, something shows up that just makes sense. No overpriced fluff, no wasted space—just solid value, prime location, and serious upside.

That’s exactly what you’ll find at Unit 1101 in The Marquis.

A Downtown Condo That Actually Checks All the Boxes

This isn’t one of those 450 sq ft shoeboxes that leaves you wondering where your furniture—and dignity—will go. With 719 square feet of living space, this 1 bedroom, 1 bathroom unit offers actual breathing room.

It’s perched on the 11th floor with west-facing views of Edmonton’s stunning River Valley—so yeah, sunsets are on the daily menu.

You get:

  • New laminate flooring

  • Updated bathroom

  • Tons of storage

  • Private balcony

  • Secure underground parking

  • And most importantly… low condo fees of just $520.64, including heat, water, and electricity!

It’s Not Just the Condo — It’s the Lifestyle

Step outside and you’re seconds from:

  • The River Valley trail system

  • LRT access

  • Shops, restaurants, coffee spots

  • The Legislature grounds

  • All the vibes that make downtown Edmonton vibrant

Want to ditch your car? You can. Want to keep it? Underground parking is included. It’s the kind of flexibility most downtown units can’t offer.

Amenities That Make Life Easier (and Healthier)

Life at The Marquis means you don’t have to pay extra for gym memberships or wellness perks. Condo owners enjoy:

  • Fitness Room

  • Sauna

  • Billiards room

  • Laundry on every floor

  • Rooftop tennis and basketball courts

Did I mention it’s a quiet, professionally managed concrete building? No creaky floors. No noisy neighbours above you. Just solid construction and smart planning.

Investor-Friendly and First-Time Buyer Gold

If you’re an investor, this one’s a no-brainer. With 20% down on a $129,900 purchase price, your initial investment is around $25,980. At an estimated 4.5% interest rate, your monthly mortgage payment would land near $575. Add $520.64 in condo fees—which already cover heat, water, and electricity—and your total carrying cost sits around $1,095/month.

With average one-bedroom rents in downtown Edmonton sitting at $1,450/month, this unit offers positive cash flow potential from day one.

You’re getting a low-risk, low-maintenance investment in a secure concrete building with strong tenant appeal—steps to the LRT, river valley, and city core. Bonus: the seller owns three additional rented units in the building and is open to selling them as a turnkey portfolio package.

Smart buy. Strong yield. Simple management.

If you’re a first-time buyer, this is your launchpad. You’re getting real space, real ownership, and real value for less than rent in most downtown one-bedrooms.

To put it into perspective:
With a 5% down payment on the $129,900 purchase price, you’d only need about $6,495 up front. With a typical interest rate of 4.5%, your estimated monthly mortgage payment would be around $710. Add in the low condo fees of $520.64—which cover heat, water, and electricity—and your total monthly cost would be approximately $1,230 all in.

That’s turnkey, maintenance-free living in a river valley view condo—for less than renting someone else’s.

⚠️ These figures are for illustration only and are not financial advice. Always consult your lender or mortgage broker for exact qualification and costs based on your personal situation.

Maintenance-Free Living That Makes You Feel Like You’ve Made It

This is what we mean when we say “Live your best maintenance-free life.” No yard work. No surprise utility bills. Just walk in, enjoy the view, and let someone else shovel the snow.

Let’s Be Real

You’re not going to find another downtown condo with this much space, this many perks, and this low of a price without serious compromises. But 1101 at The Marquis delivers—on lifestyle, value, and simplicity.

Ready to Take the Next Step?

Let’s go see it. I’ll walk you through it, answer your questions, and help you figure out if this is the right move for you.

View Virtual Tour

BOOK TOUR NOW

📲 Caitlin Heine
Iconic YEG Real Estate Team | RE/MAX
587-336-3176
🌐 www.iconicyeg.com

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Data last updated on August 6, 2025 at 07:30 PM (UTC).
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