Rideau Park (Edmonton), Edmonton · MLS® E4510398
32
1,236 sq ft · Condo · Single Family · built 1998 · 30 days on market
listed by Martin Zhang, MaxWell Polaris
RARE, UPDATED & METICULOUSLY MAINTAINED CORNER UNIT with THREE GENEROUSLY SIZED BEDROOMS, TWO FULLY RENOVATED MODERN BATHROOMS & TWOHEATED U/G PARKING SPOTS—unbelievable value! Truly MOVE-IN READY, this exceptionally quiet home offers plenty of space & flexibility. Features include newer vinyl flooring & carpet, high-end quartz countertops throughout, newer stainless steel appliances, newer in-suite laundry, NEWER ZEBRA BLINDS THROUGHOUT, a HUGE storage room & cozy GAS FIREPLACE. TWO HEATED U/G PARKING SPOTS plus an EXTRA-LARGE STORAGE CAGE directly in front! Enjoy your PRIVATE CEMENT PATIO with gas BBQ hookup—perfect for summer relaxation. Healthy reserve fund. Ultra-quiet building with fitness centre, social room, wheelchair access & visitor parking. PRIMELOCATION near Southgate Mall, parks, medical clinics, restaurants, library, transit & shopping. Condo fees include heat, water, reserve fund contributions, exterior maintenance, snow removal & amenities. DON'T MISS OUT!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $954 · strata $861 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) raised by what new tenants pay against everyone in the Edmonton area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Rapid transit: Southgate LRT station, 1.3 km (about 20 min walk).
Catchment schools, Edmonton Public Schools
24561.2 km away · 10605 - 42 Avenue NW, Edmonton · (780) 437-0010 · website
24561.1 km away · 4020 - 106 Street NW, Edmonton · (780) 438-9103 · website
24561.7 km away · 4350 - 111 Street NW, Edmonton · (780) 413-2700 · website
From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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$206,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $206,500 |
| 2025 | $193,500 |
| 2024 | $179,500 |
| 2023 | $187,000 |
| 2022 | $199,000 |
| 2021 | $201,500 |
| 2020 | $203,000 |
| 2019 | $223,000 |
From City of Edmonton open data (property assessments), matched to #101 10511 42 AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,140 a year
The 2026 assessment times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Rapid transit: Southgate LRT station, 1.3 km (about 20 min walk).
Walkability 89/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 25 places to eat or drink, 1 cafe, 7 parks and playgrounds, 4 schools, 25 transit stops.
mihom score from OpenStreetMap places, by straight line distance.