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

January 2025 Edmonton Real Estate Market Update: Trends, Prices & Hot Communities

Looking to buy or sell a home in Edmonton in 2025? The real estate market is off to an exciting start, with key shifts in home sales, pricing trends, and buyer demand shaping the landscape. Whether you’re a first-time homebuyer, a seasoned investor, or a seller looking for the right time to list, understanding the market dynamics is essential for making informed decisions.

Let’s dive into the latest real estate trends, average home prices, and Edmonton’s top-selling communities.

Edmonton Real Estate Market at a Glance (January 2025)

📌 Total Home Sales: 772 properties sold
📌 Average List Price: $546,016
📌 Average Sold Price: $538,358
📌 List-to-Sale Price Ratio: 99%
📌 Average Days on Market (DOM): 49.5 days
📌 Median Days on Market: 33 days

💡 Key Takeaway: Edmonton homes are selling close to asking price, with mid-range homes moving the fastest. If you’re buying, lowball offers won’t cut it—strong offers are essential in this competitive market.

What Price Ranges Are Driving Sales?

Understanding price range trends can help you determine your strategy as a buyer or seller. Here’s where the action is happening:

🔥 High-Demand Price Range: $250K - $500K

This segment dominates Edmonton’s market. Homes in this price range are moving quickly due to affordability and financing options.

✔️ For buyers: Be prepared for competition—have your mortgage pre-approval ready and act fast when you find the right home.

✔️ For sellers: If your home is in this range, it’s an excellent time to list. Multiple offers are possible, especially with a strong pricing strategy.

Search Homes Under $300,000.00

Search Homes $300,000 - $400,000

Search Homes $400,000 - $500,000

🏡 Mid-Range Homes: $500K - $750K

The $500K - $750K range is seeing steady demand. Homes take a bit longer to sell but remain a strong investment opportunity.

✔️ For sellers: Pricing competitively is key—overpricing can lead to longer market times.

✔️ For buyers: This range offers more options and less intense bidding wars compared to lower price points.

Search Homes $500,000 - $600,000

Search Homes $600,000 - $750,000

💎 Luxury Homes: $1M+

High-end properties are selling slower than mid-range homes. Luxury buyers are selective, and homes in this segment often require strategic marketing and patience.

✔️ For sellers: Be prepared for a longer selling cycle—ensure your home is staged and marketed professionally to attract the right buyers.

✔️ For buyers: There’s more room for negotiation in this market segment, making it a great time to secure a high-value investment.

Search Luxury Homes

How Fast Are Homes Selling? (Days on Market)

Speed matters in real estate. Here’s how different price segments are performing:

$250K - $500K: Fastest-selling homes. These properties have the shortest Days on Market (DOM), reflecting high demand.

$500K - $750K: Balanced market. Homes are selling steadily but require strategic pricing.

$1M+: Slowest-moving homes. Luxury properties are sitting on the market longer than other segments.

Top-Selling Communities in Edmonton (January 2025)

If you’re house hunting in Edmonton, these are the hottest neighborhoods right now:

🏡 Keswick Area
🏡 Chapelle Area
🏡 Orchards at Ellerslie
🏡 Rosenthal
🏡 Uplands

💡 Why these communities? Strong demand, new developments, and family-friendly amenities are driving interest in these areas. If you’re looking to buy here, be ready to move quickly!

Most Affordable Edmonton Neighborhoods in 2025

If you’re searching for affordable housing options in Edmonton, these neighborhoods offer great value:

📍 Parkdale (Edmonton)Avg. List Price: $242,987
📍 McCauleyAvg. List Price: $250,175
📍 DeltonAvg. List Price: $263,450
📍 Alberta AvenueAvg. List Price: $275,184

💡 Insider Tip: Alberta Avenue has the most affordable listings, making it a hotspot for budget-conscious buyers.

What This Means for Buyers & Sellers in 2025

📢 Buyers:

✔️ Homes in the $250K - $500K range are moving fast. Be prepared to act quickly.
✔️ Competitive offers are key—don’t expect deep discounts.
✔️ Get mortgage pre-approval to improve your chances of securing a home.

📢 Sellers:

✔️ If your home is priced between $250K - $500K, now is the time to list!
✔️ For luxury homes, a strong marketing strategy is essential.
✔️ Homes in hot-selling neighborhoods (Keswick, Chapelle, Rosenthal) are in high demand—capitalize on the momentum!

What’s Next for the Edmonton Real Estate Market?

With steady demand and competitive pricing, Edmonton’s real estate market remains strong in early 2025. Interest rates and economic conditions will continue to influence buying power, but right now, market trends suggest a balanced and healthy real estate environment.

Thinking of buying or selling in 2025? Contact Iconic YEG Real Estate Team for expert guidance and personalized real estate strategies!

About Caitlin Heine – Iconic YEG | RE/MAX Real Estate

Caitlin Heine is a full-time REALTOR® and the owner of Iconic YEG | RE/MAX Real Estate in Edmonton, Alberta. Known for her warm but direct communication style, deep market knowledge, and fierce client advocacy, Caitlin helps buyers and sellers navigate the Edmonton real estate market with confidence and clarity.

With a background in marketing, leasing, and large-scale residential projects, Caitlin brings strategic pricing, high-impact marketing, and skilled negotiation to every transaction. She believes buying or selling a home should be a clear, empowering experience — never a guessing game or high-pressure sale.

Caitlin works best with clients who value straight answers, smart strategy, and a human-first approach. Whether you’re buying your first home, upgrading for more space, or selling to start your next chapter, she provides personalized guidance, data-driven advice, and a trusted partnership from start to finish.

📞 Call/Text: 587-336-3176
📧 Email: caitlin@iconicyeg.com
🌐 Website: iconicyeg.com
📍 Office: RE/MAX Real Estate, 200, 10835 124 Street NW, Edmonton, AB

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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.