For real estate investors seeking the perfect combination of new-build quality, strong family appeal, and future growth potential, one West Edmonton community stands out: Secord.
While mature neighbourhoods have their charm, Secord offers a compelling proposition for the modern landlord. As one of the fastest-growing areas in the city, it provides a unique opportunity to invest in properties that tenants are actively seeking out. Let's explore why investors are turning their attention to this vibrant West Edmonton community.
1. The "New Build" Advantage
The vast majority of homes in Secord were built after 2006. For an investor, this is a significant advantage. Newer properties mean:
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Lower Maintenance Costs: Fewer surprise repairs on big-ticket items like roofs, furnaces, and windows.
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Higher Tenant Appeal: Modern open-concept layouts, energy-efficient construction, and up-to-date finishes attract quality tenants willing to pay a premium.
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Fewer Headaches: Newer homes are built to modern codes, reducing the likelihood of dealing with issues common in older properties.
This "newness" factor makes Secord properties a turnkey investment, ideal for those who want a lower-maintenance addition to their portfolio.
2. A Community Purpose-Built for Families
Secord was designed from the ground up with families in mind. This is a crucial factor for attracting long-term, stable tenants. The community is woven together with:
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Excellent Schools: The presence of the K-9 David Thomas King School right in the neighbourhood is a massive draw for parents.
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Abundant Green Space: With numerous parks, playgrounds, and stormwater ponds connected by walking trails, the community promotes an active, outdoor lifestyle.
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A Safe, Quiet Environment: With low crime rates and a family-focused community league, Secord offers the peace of mind that families prioritize.
By investing in Secord, you are buying into a community that naturally attracts a reliable and desirable tenant base.
3. A Diverse Mix of In-Demand Rental Properties
Secord isn't just single-family homes. The community plan includes a healthy mix of medium-density housing, which are perfect rental properties for the area's demographic. Investors can find:
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Duplexes (Side-by-Side and Up/Down): Ideal for house hacking or as a traditional rental, offering multiple income streams from one property.
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Townhouses: A popular, affordable option for young families and professionals who want more space than an apartment without the full responsibility of a detached home.
This variety allows investors to enter the market at different price points and cater to the specific needs of the local rental market.
4. Strategic Location and Future Growth
Located in the far west end, Secord offers quick access to major transportation routes like the Anthony Henday and Whitemud Drive, making commutes easy. While currently car-dependent, the area is poised for a major transit upgrade.
The planned future extension of the West Valley Line LRT to Lewis Farms will be a game-changer for Secord and surrounding communities. This will provide a direct, streamlined commute to downtown and other key areas, significantly boosting property values and rental demand. Investing in Secord today means positioning yourself to benefit from this major infrastructure project tomorrow.
In conclusion, Secord represents a smart, forward-looking investment. Its combination of modern housing stock, a strong family demographic, and significant future growth potential makes it a top-tier choice for any investor looking to build a stable and profitable rental portfolio in Edmonton.
Want to explore the investment opportunities in Secord? We have access to the latest listings, including duplexes and townhomes perfect for your portfolio. Book a free consultation to get started.