Grandin, St. Albert · MLS® E4506748
222
951 sq ft · Condo · Single Family · built 2016 · 52 days on market
listed by Monte Gannon, Century 21 Masters
Spacious ground floor two bedroom, two bath, two underground parking stalls in one of St Albert's premiere condominium communities. This unit features an open modern floor plan with bedrooms on each side of the floor plan, in suite laundry, hardwood, ceramic tile. Great outside space. The Parc Residence is extremely well maintained and in a fantastic location close to the Sturgeon River, Lions Park, the Farmer's market, public transportation and proximity to all amenities
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,652 · strata $663 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Edmonton: CMHC's average there ($1,598) 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
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
$240,000
2025 assessment · market value as of July 1, 2024
From City of St. Albert open data (property information), matched to 103-5 St Louis St. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,687 a year
The 2025 assessment times St. Albert's 2026 residential rate of 11.20 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.
Walkability 64/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 place to eat or drink, 2 cafes, 13 parks and playgrounds, 20 transit stops.
mihom score from OpenStreetMap places, by straight line distance.