Blatchford Development | ?m | ?s | City of Edmonton

[EtoV]

That's quite the stretch to be calling this downtown haha. Does anyone know what lot this is, I thought the condos along "Alpha Blvd" were supposed to include commercial.

Edit: Site plan says its along Alpha Blvd and Cedric Mah Rd, which is the newer road north of Yorke Mews.

 

[stensby]

Downtown Condos in Edmonton from 300's

10% Deposit, Rental Guarantee, Free Assignment! Call/Text: 647-360-5643 Blatchford Condos Downtown Edmonton, 300's, Only 10% Deposit Call/Text: 647-360-5643 ð¥ PROJECT INFORMATION ð¥ Downtown Edmonton

myemail.constantcontact.com

Lots of additional info in the Dropbox folder linked - 6 stories planned for plot M on the land sales map.
Built by Crimson Cove homes who are also the builder on the two row housing plots next to it (V and W).
Pricing from $360k for 1bed 603sqft to $550k for 2bed 998 sqft.

Exciting to see something larger going in!

 

[BASE]

Good on them if they can fetch those or anything close to those kind of prices.

 

[mcr]

Simple, but desirable and thought out floor plans by my eye, at least for the majority of the offerings. I like it!

 

[EtoV]

Good on them if they can fetch those or anything close to those kind of prices.

I would be very surprised if they can get 550k for 2 bds when last time I inquired, the NX townhouses were going for 450k.

Edit: apologies, I inquired about the NX townhouses, not malmo

 

[thommyjo]

550k for a 2bdrm is Encore prices. This doesn’t look encore level at all. Not sure how these will sell.

 

[fungus_eater]

uggghhh why is blatchford so expensive

 

[David A]

550k for a 2bdrm is Encore prices. This doesn’t look encore level at all. Not sure how these will sell.

It looks nice. It is a very different location and probably even different market than Encore, but it does seem the prices are out of step with what is being offered.

 

[Yossarian]

Nothing about that marketing material makes me think they're targeting locals, more like marketing to wannabe landlords from the GTA. Not that it makes the prices more palatable but probably explains their optimism.

 

[ChazYEG]

Nothing about that marketing material makes me think they're targeting locals, more like marketing to wannabe landlords from the GTA. Not that it makes the prices more palatable but probably explains their optimism.

If that's the case, it might be an easy sell.

 

[CplKlinger]

Nothing about that marketing material makes me think they're targeting locals, more like marketing to wannabe landlords from the GTA. Not that it makes the prices more palatable but probably explains their optimism.

That would explain why they're being advertised as "cash flow positive from day one". Also, the builder must be planning to break ground this summer, since they're promising a 2023 move-in date.

 

[Gronk!]

News Release - Key wartime airport hangar declared a historic resource

Key wartime airport hangar declared a historic resource May 24, 2022 As the Second World War raged, Blatchford Field in Edmonton became a vital link in supplying arms and war material to allied forces

myemail.constantcontact.com

 

[CplKlinger]

Hangar 11 to be restored, renovated into mixed-use space

An airport hangar in Edmonton has been designated a historic resource by city council, and will now be refurbished into a mixed-use space.

edmonton.ctvnews.ca

 

[David A]

That would explain why they're being advertised as "cash flow positive from day one". Also, the builder must be planning to break ground this summer, since they're promising a 2023 move-in date.

... that would explain it. However, perhaps the potential GTA landlords don't fully realize rents in Edmonton are not quite the same as there. Maybe they may have to figure that part out for themselves later.

It does make sense with interest rates rising and property values in the GTA getting shaky, people will money (from sale of property there) will look to more affordable markets such as here.

 

[MattPT]

Not sure how new this is but google satellite has been updated and shows blatchford development and LRT construction