Urban Maxx Living

2 Bedroom, 2 Bath - $204,900.00

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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 $204,900.

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

Building Homes, Not Just Rentals: Shifting Towards Purposeful Metrics

Introduction

In a nation gripped by low vacancy rates and climbing rents, the real estate market finds itself at a crossroads. High demand meets tight supply, and every available unit is a proverbial gold mine for landlords and investors. But beyond the allure of monthly profits lies a question of community and sustainability: Are we building homes, or are we just fabricating ephemeral rental spaces?

The Temptation of Profits

CTV News reported on January 31, 2024, that Canada's average rent witnessed record growth as the vacancy rate plunged to a startling low. With a national rental vacancy rate reaching a low of 1.5 percent, the lowest since 1988, the tight competition among renters has inadvertently gifted landlords the liberty to increase rental prices. However, this monetary gain highlights a worrying trend—a focus solely on vacancy rates rather than cultivating tenancies' longevity and satisfaction.

The Ultimate Goal: Tenant Satisfaction

It is high time the real estate sector recalibrates its compass from mere vacancy filling to the true north of tenant contentment. After all, what is a home if not a haven infused with a sense of belonging and community? As CMHC’s Rental Market Report indicates, the staggering turnover rate of 28.1% in locations like Edmonton suggests that residents are seeking more than just a roof over their heads—they're on a quest for a place to root their lives purposefully.

Beyond Transitory Success

A rotating door of tenants is no badge of honor; it whispers tales of transience and dissatisfaction. When renters like Jane and Matt not only choose to stay but become advocates for their community, it echoes a success far sweeter than fleeting financial triumphs. Tenant loyalty and recommendations are the linchpins that convert short-term profits into lasting prosperity and turn housing units into vibrant communities.

The Role of Real Estate Visionaries

To my fellow real estate professionals, let us not be swayed solely by immediate gains. It's imperative we expand our vision, placing tenant satisfaction at the forefront of our practices. As thought leaders, it's our responsibility to shape an industry that honors its tenants through building authentic communities, not just strategically engineered profits.

Conclusion

Building homes goes beyond the construction of walls and the installation of fixtures; it's about fostering environments where life thrives. With Canada grappling with affordability and supply shortages, as per CMHC's findings, the impetus is on us to reimagine the narrative of our rental markets. Let's champion a shift that celebrates tenant satisfaction as the ultimate measure of our success.

Now, it's your turn. Let's create a lasting community; your thoughts matter here. Share your vision for enduring rental communities in the comments! #CommunityBuilding #TenantRetention

Are you a developer or property owner that shares our vision?  Check out how Iconic YEG’s Services can help.

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Data last updated on October 23, 2026 at 05:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
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