35 Properties
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Should you buy a Condo Foreclosure? Here is what you need to know!

Edmonton condo foreclosures can provide investors with the opportunity to find great value in any market. However, there are also many different variables that factor in to whether or not a particular property turns out to be a fantastic bargain or a financial headache. Most condo foreclosures are sold as is, which means that the seller doesn't warrant the unit. Appliances also fall into that category, while condo documents are not provided by the seller either. Therefore, digging into the background of the building itself is of critical importance.

One of the first steps of investigating a potential condo foreclosure investment is finding when the condo insurance renewal occurs. A reserve fund study report happens every five years, which means there could be costly additional payments lurking on the horizon. Since the buyer has to pay for the condo documents if conditions are permitted, that can also add to the total cost. Additionally, the seller will not disclose if any special assessment has been addressed or if/when the building's next assesment is upcoming. Therefore, it is extemely important to pull the information statement which will identify the current condo fee, number of units, the reserve fund amount, legal action on the unit, the unit factor amount, and the current pet bylaws. 

Questions to ask before making an offer on an Edmonton Condo Foreclosure - Helpful Tips

In almost all areas of life, having the most information before making a big decision often is the difference between success or failure. In the Edmonton real estate market, making informed decisions based on solid facts and accurate information is what seperates those who find value or end up massively overpaying. Condo foreclosures can be especially tricky, as there are just so many potential unkowns that need to be investigated. First, make sure to find out whether or not a parking stall is included in the sale. If you find what looks to be a great bargain but end up having to pay hundreds of dollars a month for parking, that extra cost will add up fast. Next, if the property is titled, make sure that a realtor pulls the title to verify the unit. When buying a condo, be aware that it could easily have multiple titles - parking stalls, storage locker rooms, storage catches, etc. It is also imporant to see how many units are for sale, as some units may be priced differently depending on whether or not a special assesment was paid. Look up how many condos sold in the same building over the past 12 months, while also tracking how many condos didn't sell (expired or terminated outright). If the number of successful sales are high, that is obviously a very good sign about the overall quality of the rest of the building. If sales are not, there is almost always a reason why buyers are staying away. 

Calling the property manager to get additional information on the unit and building is also highly recommended. The same goes for asking other owners in the building about their experiences in the complex - most are more than happy to share both positive and negative experiences. Some basic investigative work on Google, Reddit, or Connect2Edmonton can also prove to be invaluable, as there are so many posts and threads releated to various buildings located all across the city that will give you direct access to an inside scoop. Finally, remember to inquire about any seemingly small details that could turn into major inconveniences down the road - things like securing necessary key fobs or Canada Post box access.

4k Honey Real Estate Team

Luxury Home Sold
Custom built 2 storey walkout boasts 3475 sq/ft and is situated 10 minutes SW of Edmonton on a beautiful 1.1 acres lot at the end of a quiet cal de sac. Modern meets traditional architecture with the stone exterior and timeless look. Serene Views looking out at pond, farmers field, and Nature reserve. features Butler kitchen, 2 balconies, and conservatory. 100k invested in landscaping includes outdoor barbecue area, composite decks, custom fire pit, stone patio and Innovative irrigation system that naturall
Luxury West Edmonton Townhouse
WOW!! Absolutely stunning 3 bed, 2.5 bath, end unit in Belmead. This home has been completely renovated from top to bottom and furnace and windows. The quality of workmanship is truly divine. On the main floor you will find a large living room, beautiful renovated kitchen with plenty of storage, quartz countertops, gorgeous backsplash, new stainless-steel appliances, under cabinet lighting, half bath and access to yard. Nice sized backyard with newer fence. On the 2nd floor you will find a bonus room, 3 goo
Luxury Custom Bungalow (Sold)
Outstanding fully finished custom built Bungalow with Loft in Trumpeter. 1837 sq. backing onto green space and walking trails. Fully landscaped & fenced. Duradeck rear deck with metal spindles & glass rails. Main floor offers chefs kitchen with quartz countertops, upgraded appliances, gas cooktop, wall oven. Oversized windows in living room with gas fire place 11.5 foot ceilings, large main floor den with wainscoting, laundry room, spacious master bedroom with wainscoting and custom shower. Upstairs you wil
Luxury Sweetgrass Bungalow Sold
Amazingly designed and well cared for bungalow with a massive, private and quiet backyard, on an upscale, quiet cul-de-sac in Sweet Grass. Owners had extensive renovations done with no shortcuts including three bathrooms, kitchen, basement, S/S appliances, A/C, electrical outlets/switches, indoor + outdoor lights, door hardware, paint, newer fence, furnace (2018), roof (2020). Unparalleled curb appeal and backyard. 3+1 bdrms + 3 baths incl. ensuite. Tons of care has gone into this home and it is waiting for
Wabamun Lake Front Cottage
Year round WATERFRONT living on Lake Wabamun! Huge lot south backing 1537.805 sq m in desirable Kapasiwin. Beautiful 2 story home with unfinished Basement. The main floor features an open concept living space with hardwood flooring, South-facing lake views, brick wood burning fireplace, bedroom, 3 piece bathroom & laundry room. kitchen has custom maple cabinets, lots of windows that leads to patio doors to your front deck. Upstairs has three bedrooms and a 5 piece bathroom. The master bedrooms has a woodbur
Trumpeter 2 Story Sold
Beautiful custom-built home located in the upscale neighborhood of Trumpeter. Offering 2358 square feet, HEATED double car garage, on a corner lot backing walking trails. The main floor has 9' ceilings throughout, a spacious den, a gourmet upgraded kitchen complete crown moldings, granite countertops, tile backsplash, stainless steel appliances, gas stove with range hood fan. Additional windows throughout the home! Dining nook with patio sliding doors leading to the massive maintenance free composite deck b
Schonsee 2 Story Bedrock Home Sold
Introducing Bedrock Homes Catalina II in Schonsee with over $40,000 worth of upgrades (Interior alone) Featuring 2700 sqft of finished living space. This home has endless upgrades and luxurious finishes throughout. Beautiful exterior with; aggregate driveway, artificial turf, large composite deck, central AC, backing green space! The spacious main floor features a large den/office, a stunning chef's kitchen, walkthrough pantry, coffered ceilings, engineered hardwood, 9 foot glass Doorway, modern cabinetry,
Luxury Art Custom Home
Stunning brand new 2-storey home in the highly sought-after community of GRIESBACH. Fully fenced and landscaped with side entrance, double attached garage, 4 bedrooms, 3 full bathrooms and over 2600 sqft of living space. This extraordinary home, exudes timeless sophistication with luxury elements throughout. An entertainer's dream with open to below living room with feature fireplace and coffered ceiling. Additional oversized windows throughout the home, with black aluminum windows on the front. Chef's kitc
4K Infill Tour Honey Real Estate Team
Habitahomes Fully Finished Basement Side Entrances Fully Landscaped 12021 40 ST $435,000 12023 40 ST $450,000 (Legal Suite) Incredible Home Builder Book your showing today Call the Honey Team with Remax Excellence (780) 934-5660 (Please note our team followed Covid 19 protocols making this video)
Allendale 4K Infill Tour Marketed by the Honey Real Estate Team
***Roof top Balcony with Field View***Stunning brand new infill in the highly sought after community of Allendale facing a field on a beautiful tree lined street. Offering 2,046 sqft of living space on 3 levels. This home was designed with meticulous attention to detail. 2.5 storey duplex features; hard wood floors, custom tile, 3 sided fireplace, upgraded stainless steel appliances including a gas stove, walk in pantry, beautiful custom glass staircase and double detached garage. The windows in this home a
Belle Rive 4K Tour 8360 162 AVE (Pending 1 Day)
Call Connor Honey for more information (780)934-5660 Remax Excellence. Welcome to Belle Rive! Extremely well kept fully developed 5 bedroom + main floor den home (2125 sqft above grade!). Original Owners! When you enter, you will be greeted with high ceilings and Large Windows in the front Living room and Dining area. From the Kitchen/Nook, you can look into the rear Family room with gas Fireplace. Spacious kitchen and large widows throughout the home. The Half Bath and Den complete the main floor. The seco
4K Property Tour in L'Attitude Studios Condo Building 304 Ambleside Link Edmonton, AB T6W 0V2
4K Drone and Camera Footage of the Honey Real Estate Teams new listing in Southwest Edmonton. The community of Ambleside features beautiful walking trails, ponds and endless shopping options. The area has become the hub of SW Edmonton.
Back Yard Rink Tour Belle Rive 4K
Welcome to the desirable community of Belle Rive. Awesome 2096 sqft 2-storey home with 3 bedrooms above and a large main floor den/bedroom. Huge windows through out the main floor that complements the Vaulted ceiling in living and dining room. Upgraded spacious kitchen with breakfast nook that leads into the family room. The master bedroom features a 3 sides gas fireplace/corner jacuzzi/standing shower/walk-in closet & double sinks. Brand new roof, soffit’s, fascia, central AC, furnace and a newer hot water
SOLD Fast Sherwood Park
Beautiful home in the established community of Davidson Creek. This fully finished 2-storey home features 3 bedrooms, 2.5 baths. Functional main floor with spacious living room, second dinning space, laundry, half bath, kitchen and eating nook overlooking a huge west facing backyard. Upstairs you will find 3 bedrooms, large master bedrooms complete with walk through closet and 3-piece en-suite bathroom. Fully finished basement!! You will love the large deck, fenced and fully landscaped yard. NEW lighting th
Sold in Windermere
Gorgeous half duplex in prestigious Windermere! This immaculate home backs onto a farmers field. Main floor has an open concept floor plan which shows off a beautiful kitchen, eating bar, pantry, dining area and spacious living room. Upstairs you will find a huge BONUS room perfect for a home office or tv area. On each side there are 2 master bedrooms with walking closets and en-suite bathrooms. Notable upgrades, Air Conditioning, NEW paint, and deck gas line. This home has it all including main floor laund
Sold Infill Allendale
Fully Landscaped with a Roof top Balcony with Field View! Stunning brand new infill in the highly sought after community of Allendale facing a field on a beautiful tree lined street. Offering 2000 sqft on 3 levels not including the basement. This home was designed with meticulous attention to detail. 2.5 storey duplex features; hard wood floors, custom tile, 3 sided fireplace, upgraded stainless steel appliances including a gas stove, walk in pantry, beautiful custom glass staircase and double detached gara
Sold Condo Fort Sask
Welcome to Manor at Southfort! This 2-bedroom unit backs directly onto a green space overlooking a large pond with a fountain, and comes with a generous sized patio. Conveniently located on the main floor, perfect for anyone with pets. This East facing unit will give you lots of natural light. A very spacious floorpan, 10-foot ceilings, central Air-Conditioning, large windows. The kitchen is well designed for entertaining as it has an open concept. Newer washer and dryer. Two good sized bedrooms and bathroo
Sold Belle Rive
$719,000 Stunning executive walkout bungalow in prestigious Belle Rive. Backing onto Belle Rive Lake, this custom-built home will leave you speechless. Over 1800 sqft, large windows, 10” and 15” ceilings. Gorgeous detailing/craftsmanship throughout the home. Heated triple car garage. Grand front entrance, bright formal dining room, gourmet kitchen with gas stove, spacious living room with gas fire place and dining room leading to balcony overlooking the lake. The master bedroom is an oasis overlooking the l
Lord Strathcona Manor Condo Tour
Superb location with gorgeous views! Live in the PRESTIGIOUS Lord Strathcona Manor on Saskatchewan Drive! Immaculate 960 sqft 2-bedroom 2 bath CORNER unit with air-conditioning. Open concept kitchen with new granite counter tops and modern SS appliances. Lots of light with the big windows in the open living space with fireplace. 2 balcony patios with South and West views of the river valley & downtown core. Watch the sunset every day of the year! The bedrooms have their own full 4 piece bathrooms complete w
Starling Art Custom Home
Stunning 2-storey WALK-OUT 2,531sqft, 5 bed, 3.5 bath former show home in Starling. This modern home is loaded with upgrades and modern finishes. The open concept main floor features a stunning chef's kitchen with quartz countertops, a large island and walk through pantry to the spacious mudroom. The dining and living room are large and perfect for family gatherings! There is a main floor office and a 2pc bath on the main as well. Upstairs is a large, BRIGHT bonus room with wall to wall windows and an attac
Sold Chapelle Duplex
ALMOST NEW! Beautiful half duplex in CHAPPELLE! 1 Block Away from k-9 School. Oversized Attached garage on a MASSIVE LOT. South facing back yard that is professionally landscaped with a large deck. This lovely home offers modern finishing’s, 3 bedrooms, 2.5 bathrooms, bonus room and upstairs laundry. The main floor features an open layout, 9 ft ceilings on main floor and basement levels, upgraded floor to ceiling cabinets, Custom Quartz Countertops & Stainless steel appliances. The upper floor hosts your la
Macewan Village Condo for sale
Move in ready! 2 BEDROOM, 2 BATHROOM, PET Friendly unit in MacEwan Village! Nearly 800 sqft, second floor unit facing trees and green space. This OPEN CONCEPT unit features ample room for a cozy living space & dining area with plenty of room for seating, kitchen with breakfast nook, IN-SUITE LAUNDRY, & a PRIVATE NE facing BALCONY w/ natural gas access. A spacious master bedroom, which offers a WALK-THROUGH CLOSET & 4-pc ENSUITE, a SECOND BEDROOM, and a 3-pc BATH complete this unit. One HEATED UNDER GROUND P
Strathcona 2 Story Custom Built
Reconstructed in 1998, this spacious 2,175+ sq. ft. 2 story comes complete with 5 bedrooms and 3.5 bathrooms. Minutes away from the Mill Creek Ravine, this stunning home comes with newer electrical, plumbing, insulation, mechanical (1998) and roof (2021). It also features air conditioning upstairs, two furnaces, a balcony off the master bedroom, and a Cook's Delight of a kitchen complete with double wall ovens, gas range, large pantry, and bountiful counter space. In addition, the rest of the main floor con
Station 33 Stony Plain Condo for Sale
Welcome to Station 33 in Stony Plain. Top floor 2 bedroom and 2-bathroom unit is sure to impress! West facing balcony with great sunset views. Open concept floor plan with breakfast bar, hardwood and title floors. Primary bedroom features a WIC and a 3pc en-suite. Decent sized second bedroom and 4pc main bath with in-suite laundry. One HEATED UNDERGROUND parking stall included! Ideally located in Stony Plain and within walking distance to the Hospital, Shopping, Restaurants and more!
Belle Rive Sold Listing
Welcome to this stunning property in Belle Rive! Italian custom-built home meticulously maintained. Situated on a corner lot half a block long. Huge back yard professionally landscaped. Windows on all sides of the home. FULLY FINISHED 2 storey home boasts 3 bedrooms and 4 baths. As you enter you are greeted by a gorgeous staircase, open to below living room, formal dining room, spacious kitchen with generous eating area. The kitchen has maple cabinets, newer Stainless Steel appliances, & breakfast nook with
Mayfield Bungalow with Basement Suite Sold
Renovated Mayfield bungalow on a huge 650 square meter lot with a WEST facing backyard situated on a corner lot. IN-LAW basement suite!! Newer roof, fence, appliances, bathrooms, and both kitchens up and down. This 4-bedroom bungalow has hardwood floors throughout the main floor & ceramic tile in kitchen & front entry. The RENOVATED main bath has engineered GRANITE Countertops, STUNNING PORCELAIN TILE flooring, newer toilet, soaker tub & paint. Three bedrooms on the main. The basement has a newly renovated
Hudson Half Duplex
Beautiful half-duplex in Hudson. NO CONDO FEES!! This meticulously maintained home features approximately 1400 sqft of fully finished living space. Notable upgrades include: new roof (2018), newer stainless-steel appliances and washer/dryer. Open concept with vaulted ceilings & very few stairs! Main floor features a large kitchen, island, pantry, separate dining area, spacious living room, half bath and tech/office area. Perfect sized deck and backyard. Downstairs you will find huge master bedroom with walk
Gorgeous Bungalow Sold in Meadowlark
Welcome to Meadowlark Park. This bright 1,138 sqft 4-bedroom bungalow features a double attached garage, RV parking, huge lot and sunroom. This home has been lovingly upgraded throughout the years. The exterior features newer siding, eavestroughs, and brand new parging. As you enter the front door you are greeted with newer vinyl plank floors, an inviting large living room with an oversized window. The dining room connects with the well-designed kitchen. 3 generous sized bedrooms, sunroom overlooking privat
Lynnwood Bungalow for sale
Welcome to this beautifully upgraded bungalow on a quiet street in Lynnwood. Bright living room with gleaming hardwood floors. Large windows let in plenty of natural light. Open kitchen to dining area. Newer vinyl windows throughout, upgraded electrical and plumbing. Down the hall, enjoy the massive primary bedroom, 2nd bedroom and full bath. Downstairs you'll find a huge renovated (2007) rec room with free-standing wood pellet stove, perfect for entertaining. There's also a 3rd bedroom, 2nd full bath and s
Grovenor Townhouse
The perfect home in the desirable community of Grovenor! 1200 sqft 3-bedroom 2 bath bi-level townhome. Located directly across from Grovenor school and park. Large functional kitchen with separate eating area, bright and sunny living room with balcony, main floor laundry. 3 generous sized bedrooms and 2 bathrooms. Private parking, 2 energized stalls, and condo fees of just $152 month. Notable upgrades; newer roof, windows, patio doors, hot water tank, furnace, luxury vinyl plank in basement, and fresh paint
Encore Tower
Luxury living in Encore Tower. Custom one of kind condo unit. The only 1 bedroom, 2 full bathroom unit in the entire building. You get all the advantages of a larger unit with East, North, and South Views. Largest balcony!! Floor to ceiling windows offering unobstructed views of Rogers Place, Stantec Tower, and the River Valley. This unit features a modern light colour pallet, designer kitchen with sit up bar, quartz counter tops throughout, built in appliances, spacious living room, dining area and window