The Luxemburg

The Luxemburg is situated in the well-located community of Inglewood. Just off 124th Street, residents are within a 10-minute walk to local dining and boutique stores including Duchess Bake Shop, Tiramisu Bistro and Parcel + Prose. The convenient locale gives quick access to the core of the city and is within a 10-minute driving radius of Grant MacEwan University, NAIT, Kingsway Mall, Royal Alexandra Hospital, Jasper Avenue and the ICE District. The area is prospering due to recent revialization efforts including the Valley Line LRT expansion.

Higher ownership costs and increasing migration continues to accelerate demand for rental housing. The greatest beneficiaries of the increased demand. Vacancy has continued to decline, decreasing by 1.4% from Q3 2022 to Q4 2022 (Zonda Urban, 2023). Value for existing rentals is expected to increase as decreasing vacancy rates put upward pressure on rental rates.