property
features
investment
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Property
- Woodgrove Place is a Multi-Million dollar development in the Spruce Grove community, and is scheduled to be completed in early fall of 2005.
- Currently under construction, Woodgrove is a spectacular 94 suite complex with 2 wood-framed buildings,with central elevator, each housing 47 suites.
- Just 25 minutes from the economic powerhouse of Edmonton, Alberta, Woodgrove Place offers an exceptional solution for renters looking to escape the city, but maintain a large city connection.
- Woodgrove offers a wide variety of spacious suite types for everyone that range in size from a cozy 514 square foot one bedroom suite, to a spacious 822 square foot two bedroom suite.
- Sitting on 2.85 acres of prime Alberta land, prices at Woodgrove range from $82,000 to $113,000. As a result, Woodgrove is not only a great opportunity, but a very affordable investment for everyone.
Financial
- A reserve fund of $47,000 has been established for
Woodgrove, and an annual reserve allocation for the
property of $9,100 has been put in place through the
condo budget.
Rental Information
- Woodgrove Place will be professionally managed by
Gateway Property Management Corporation and will
work hand in hand with Signature Service, to provide
the best possible lifestyle and experience for all
Woodgrove residents, along with professional asset
management for our investors.
- Founded in 1964 and with over 40 years of Property
Management experience, Gateway Property
Management Corporation is a full service management
company with Canadian offices in Vancouver, Victoria,
Prince George, Calgary, Toronto, & Montreal.
- Gateway has extensive experience in the condominium
market, currently managing over 20,000 residential
units and 1.4 million square feet of commercial space.
More important than Gateway's experience is their
reputation for providing property owners with the
highest caliber of professional service and support.
| 1 |
1 Bedroom |
$82,000 |
$82,000 |
514 |
| 6 |
1 Bedroom + Den |
$95,500 – $99,500 |
$95,500 - $99,500 |
723 |
| 87 |
2 Bedroom |
$102,000 – $113,000 |
$102,000 - $113,000 |
784 - 822 |
The information contained on the executive summary is from sources -deemed to be reliable, and accurate. However, numbers listed as approximations are subject to possible change.
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