{"id":726757,"date":"2026-06-10T04:58:25","date_gmt":"2026-06-10T04:58:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/726757\/"},"modified":"2026-06-10T04:58:25","modified_gmt":"2026-06-10T04:58:25","slug":"interest-in-the-clifton-multi-million-dollar-condos-a-reflection-of-edmonton-real-estate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/726757\/","title":{"rendered":"Interest in \u2018The Clifton\u2019 multi-million dollar condos a reflection of Edmonton real estate"},"content":{"rendered":"<p>It\u2019s a niche market, but one developer feels there\u2019s appetite for in Edmonton.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/05\/70c8fc80.png\" alt=\"\" style=\"position:absolute;width:1px;height:1px\" referrerpolicy=\"no-referrer-when-downgrade\"\/><\/p>\n<p>If you\u2019ve ever wanted to own a multi-million-dollar condo, some of the most expensive ones ever offered in Edmonton are now available \u2014 and come with a view that\u2019s second-to-none.<\/p>\n<p>\u201cIt will be a building that really hasn\u2019t been seen in Edmonton,\u201d said Henry Edgar, president of local developer Autograph.<\/p>\n<p>The property near Glenora and the High Street area, overlooking the North Saskatchewan River valley and Groat Road ravine, is called The Clifton.<\/p>\n<p>Right now at Clifton Place and 102 Street, there\u2019s a hole in the ground and an excavator.<\/p>\n<p>In the near future, it will be the site of the luxury condominium: 12 floors with 18 luxury units and prices ranging from a mere $2.7 million to nearly $9.5 million.<\/p>\n<p>Story continues below advertisement<\/p>\n<p>\t\tPrevious Image<\/p>\n<p>\t\tNext Image<\/p>\n<p>\t\t\t\tClose Modal Gallery<\/p>\n<p>Edgar says the inspiration for the development came from his father, who built a similar building, Lessard House, around 20 years ago.<\/p>\n<p>\t\t\t\t\t<img decoding=\"async\" width=\"170\" height=\"225\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/05\/national.jpg\" alt=\"Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.\"\/><\/p>\n<p>\t\t\t\t\tGet daily National news<\/p>\n<p>Get daily Canada news delivered to your inbox so you&#8217;ll never miss the day&#8217;s top stories.<\/p>\n<p>\u201cThey found a segment in the market that just wasn\u2019t being served. We felt that we could do that again, and we need to find a right site: on the river valley, walkable, safe community,\u201d Edgar said.<\/p>\n<p>Story continues below advertisement<\/p>\n<p>Construction is underway on the project in <a href=\"https:\/\/globalnews.ca\/tag\/w\u00eehkw\u00eant\u00f4win\" rel=\"nofollow noopener\" target=\"_blank\">W\u00eehkw\u00eant\u00f4win<\/a>, and it\u2019s one the developer hope can become a landmark in the city.<\/p>\n<p>\u201cWe set out to design a building that would really cater to that market and that demographic. (We) spent a lot of time designing and planning and making sure that we executed on this perfectly.\u201d<\/p>\n<p>\t\t\t\t\tA rendering of The Clifton, a new luxury condominium in Edmonton.\t\t\t\t <\/p>\n<p>\t\t\t\t\tAutograph\t\t\t\t<\/p>\n<p>The units range from 1,700 and 4,500 square feet and 75 per cent are already sold \u2014 Edgar says all the buyers are local.<\/p>\n<p>\u201cI think once (people) come into our presentation centre and they see the attention to detail and the meaningful decisions that we\u2019ve made around the project and what we\u2019re offering, they really understand why it\u2019s priced the way it is.<\/p>\n<p>The development has the goal of creating a one-of-a-kind residential landmark.<\/p>\n<p>Story continues below advertisement<\/p>\n<p>\u201cIt\u2019s a very unique, very boutique, very limited offering that just isn\u2019t available anywhere else. I think that\u2019s one of the most special aspects of this project,\u201d Edgar said.<\/p>\n<p>\n\t\t\tMore on Consumer<br \/>\n\t\t\tMore videos\n\t\t<\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-video__image\" alt=\"Click to play video: '12 floors of Stantec Tower in downtown Edmonton converted to rental suites'\" width=\"640\" height=\"360\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/06\/DOWNTOWN_REAL_ESTATE.jpg\" loading=\"lazy\"   data-\/><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t1:50<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t12 floors of Stantec Tower in downtown Edmonton converted to rental suites\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>While Edmonton may not seen like a hot market for the kind of luxury condominiums and apartments sought by the wealthy in cities like Toronto, Vancouver, London and New York \u2014 real estate experts say Alberta is a magnet for people looking to buy these types of properties.<\/p>\n<p>\u201cIf you want your town to be talked about and if you want your town to be recognized, and it\u2019s no longer a place but a destination, you have to provide an opportunity for buildings that are attractive and are worthy of people discussing it,\u201d said Murtaza Haider, executive director of the Cities Institute at the University of Alberta.<\/p>\n<p>Haider is not surprised by the interest.<\/p>\n<p>Story continues below advertisement<\/p>\n<p>\u201cEdmonton has to turn the page. It has to be not a secondary destination \u2014 that, \u2018If I didn\u2019t make it in Vancouver, I\u2019ll end up in Edmonton.\u2019<\/p>\n<p class=\"c-blockquote__content l-article__blockquoteContent\">\u201cNo, it has to become the primary destination for people.\u201d<\/p>\n<p>Construction on The Clifton is set to be complete by March 2028. Edgar hopes it leads to a bright future for Edmonton developments.<\/p>\n<p>\u201cI think there\u2019s a lot of people that are really excited about what\u2019s happening and shows a lot of confidence in Edmonton and shows that we can build beautiful buildings in our city.\u201d<\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-video__image\" alt=\"Click to play video: 'Edmonton\u2019s newest luxury hotel opens downtown'\" width=\"640\" height=\"360\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/06\/2019-08-01T18-11-54.1Z--1280x720.jpg\" loading=\"lazy\"   data-\/><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t1:50<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tEdmonton\u2019s newest luxury hotel opens downtown\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t&amp;copy 2026 Global News, a division of Corus Entertainment Inc.\t<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s a niche market, but one developer feels there\u2019s appetite for in Edmonton. If you\u2019ve ever wanted to&hellip;\n","protected":false},"author":2,"featured_media":726758,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194294],"tags":[49,48,1849,23752,262208,232357,262209,262210],"class_list":["post-726757","post","type-post","status-publish","format-standard","has-post-thumbnail","category-edmonton","tag-ca","tag-canada","tag-consumer","tag-edmonton","tag-edmonton-home-construction","tag-edmonton-real-estate","tag-the-clifton","tag-wihkwentowin"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/726757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=726757"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/726757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/726758"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=726757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=726757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=726757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}