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Posted by Jey Arul

Investing in Secord, Edmonton: A Strategic Move for Rental Properties

Edmonton's Secord community stands out as an excellent choice for real estate investment, particularly in the rental property sector.

Secord is located in the west end of Edmonton, Alberta, Canada. Specifically, it is situated west of Anthony Henday Drive, one of the major ring roads in Edmonton. The community is bordered by Lewis Estates to the south and Rosenthal to the east. This places Secord in a strategic position with convenient access to key transportation routes, making it an attractive location for both residents and real estate investors.

Here's why savvy investors are turning their attention to this thriving neighborhood.

Location Overview: Situated in the west end of Edmonton, Secord boasts a strategic location with easy access to key amenities and services. Its proximity to major transportation routes, including Anthony Henday Drive, ensures seamless connectivity to the rest of the city.

Housing Options: The community offers a diverse range of rental properties, with townhomes and duplexes emerging as the preferred choices among tenants. These housing options not only provide a comfortable living experience but also present a lucrative investment opportunity.

Rental Rates: The rental rates in Secord are competitive, ranging from $1,600 to $2,200 a month. This affordability coupled with the quality of housing options makes Secord an attractive choice for a wide range of tenants.

Amenities and Services: Secord is well-equipped with a variety of amenities, making it a desirable place to live. Residents can enjoy nearby shopping centers, recreational parks, and convenient access to public transit. The community's commitment to green spaces creates a balanced and enjoyable living environment.

Proximity to Schools: Secord is fortunate to have several reputable schools in its vicinity, providing quality education for families in the area. Some notable schools include:

  • David Thomas King School - Known for its commitment to academic excellence and a supportive learning environment, David Thomas King School caters to students from kindergarten to grade 9.
  • Michael Phair School - With a focus on innovation and student engagement, Michael Phair School is a well-regarded institution serving the educational needs of the community.

Parks and Recreation: Green spaces and parks are scattered throughout Secord, providing residents with ample opportunities for outdoor activities. Whether it's a leisurely stroll or a family picnic, the community prioritizes a healthy and active lifestyle. Key parks include:

  • Secord Park - Playground areas, walking trails, and open green spaces for recreational activities. Secord Park serves as a central hub for community gatherings and outdoor fun, enhancing the neighborhood's sense of unity.
  • David Thomas King School Park - Sports fields, picnic areas, and a play structure. Adjacent to the school, this park provides additional recreational opportunities for both students and residents alike.

Shopping and Entertainment: Secord residents benefit from nearby shopping options, ensuring that daily needs and leisure activities are conveniently met. The presence of entertainment venues adds an extra layer of vibrancy to the community.

Some noteworthy destinations include:

  • West Granville Centre - Grocery stores, cafes, and essential services. This shopping center caters to everyday needs, ensuring that residents have easy access to groceries and other essential items.
  • Granville Plaza - Retail outlets, restaurants, and entertainment venues. Granville Plaza offers a diverse range of shopping and dining experiences, making it a go-to destination for both residents and visitors.

Public Transit Access: Efficient public transit services further enhance Secord's appeal. Commuters can easily navigate the city using the well-connected transit routes, making it an ideal location for tenants relying on public transportation.

It's worth noting that Secord's central location provides residents with efficient access to key destinations across Edmonton, enhancing the overall appeal of the community for both living and investment purposes. These estimated driving times are based on normal traffic conditions and may vary. Here are estimated driving times from Secord to popular destinations in Edmonton:

  • West Edmonton Mall - Approximately 15 minutes
  • River Cree Resort and Casino - Approximately 10 minutes
  • Downtown Edmonton - Approximately 25 minutes
  • University of Alberta (UofA) - Approximately 30 minutes
  • Edmonton International Airport - Approximately 40 minutes

Secord in Edmonton emerges as a smart investment choice for rental properties. Its strategic location, housing options, competitive rental rates, and abundance of amenities make it a win-win for both property owners and tenants. As the real estate market continues to evolve, Secord stands out as a promising area that aligns with the growing demands of renters seeking quality living spaces in a well-connected community.