Urban Maxx Living

2 Bedroom, 2 Bath - $214,900.00

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Just Listed

515, 10518 113 Street | 2 Bed | 2 Bath

Looking for modern downtown living at an affordable price? Welcome to 515, 10518 113 Street NW in Queen Mary Park, a stylish 2 bedroom, 2 full bath condo in the sought-after Urban Maxx Living building. With an unbeatable location steps from MacEwan University, Rogers Place, the Brewery District, and downtown amenities, this is one of the best values on the market at $214,900.

Why This Condo Stands Out

What makes living here so remarkable?

Steel and concrete building

High Value

One of the biggest advantages of Urban Maxx Living is that it’s built with steel and concrete, not wood frame. This is a major differentiator in the Edmonton condo market. Better Soundproofing, Stronger Fire Safety, Long-Term Durability, Energy Efficiency, and Better ResaleValue. 

Location

Queen Mary Park, Edmonton

Living at Urban Maxx puts you in the heart of one of Edmonton’s most exciting, evolving neighbourhoods.

  • MacEwan University – walk to class in minutes

  • Rogers Place & Ice District – Oilers games, concerts, nightlife

  • Brewery District – craft breweries, gyms, groceries, cafés

  • Manchester Square & 124 Street – trendy shops and restaurants

  • Transit-friendly – quick LRT & bus connections across the city

This neighbourhood is in the middle of Edmonton’s revitalization zone, which means ongoing investment, infrastructure improvements, and rising long-term value.

Why Rent

When You Can Own?

This condo proves you don’t need to compromise on lifestyle to stay within budget:

  • Downtown views from your living room

  • Modern finishes at an attainable price point

  • Move-in ready with quick possession available

  • Priced at $214,900—offering one of the best value-for-location deals in the city

Property Highlights

2 Bedrooms 2 Bathrooms 839 sq ft Air Conditioning Modern kitchen Stainless steel appliances Large Patio Secure Indoor Parking Downtown Views BBQ Gas Hook Up In Suite Laundry Close to Transit

Queen Mary Park

Queen Mary Park is one of Edmonton’s most walkable and evolving neighbourhoods, blending downtown convenience with local charm. Just steps from MacEwan University, Rogers Place, the Brewery District, and Manchester Square, the area is filled with trendy cafés, restaurants, breweries, and independent shops. 

With ongoing revitalization projects and easy access to transit, Queen Mary Park is becoming a hub for students, young professionals, and investors who want to live close to the action while enjoying a true community vibe.

RSS

How the Bank of Canada’s Interest Rate Cut Impacts Edmonton’s Real Estate Market

The Bank of Canada’s fifth consecutive rate cut, bringing the prime rate to 3.25%, is a game-changer for Edmonton’s real estate market. Lower rates not only mean cheaper borrowing but also signal a strategic shift aimed at spurring economic activity. For homebuyers, sellers, and renters in Edmonton, this move creates opportunities—but it requires expertise to navigate effectively.


What Does This Rate Cut Mean for Edmontonians?

For Homebuyers:
Lower interest rates directly translate to lower mortgage payments, giving buyers more purchasing power. In Edmonton, where home prices are already more affordable than in other major Canadian cities, this is the perfect time to explore homeownership. With our team’s deep knowledge of local market trends and lending options, we can guide you in leveraging these lower rates to secure your dream home.

For Sellers:
Sellers benefit from increased buyer demand driven by lower borrowing costs. With more potential buyers entering the market, properties that are priced and marketed effectively will sell faster and for top dollar. At Iconic YEG, we develop personalized strategies to position your home to stand out in a competitive market, ensuring you maximize your sale.

For Renters:
If you’ve been on the fence about buying, this rate cut might be the push you need. Lower rates mean it’s more affordable to own than rent in many cases. However, entering the market requires careful financial planning. Our team is here to assess your options, connect you with trusted mortgage brokers, and help you take the first step toward homeownership.


Why Edmonton’s Market Stands Out

Unlike other metropolitan areas, Edmonton offers a unique combination of affordability and opportunity. The lower interest rate amplifies this advantage, enabling buyers to enter the market with greater confidence and sellers to capitalize on increased demand. Iconic YEG is uniquely positioned to help clients navigate these shifts with tailored advice rooted in local expertise.


Expert Guidance in a Changing Market

At Iconic YEG, we don’t just follow the market—we anticipate it. This rate cut creates opportunities, but understanding how to act on them is key. Whether you’re buying, selling, or investing, our team will ensure you make informed decisions that align with your goals.

Buyers: Let us show you how to make the most of your increased purchasing power.
Sellers: Our proven marketing strategies will help your property stand out.
Renters: We’ll help you transition into homeownership with confidence.


Take Action Today

Interest rate cuts like this one don’t happen every day, and they won’t last forever. Whether you’re ready to buy, sell, or explore your options, now is the time to act. Iconic YEG is here to guide you every step of the way.

Contact us today at 587-336-3176 to take advantage of this opportunity.


Key Takeaway: The Bank of Canada’s rate cut makes Edmonton’s already accessible real estate market even more enticing. With Iconic YEG’s expert guidance, you can make the most of this moment and achieve your real estate goals. Don’t wait—your future starts now.

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Data last updated on August 29, 2025 at 07:30 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.