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

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.

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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 29, 2025 at 07:30 AM (UTC).
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