Rideau Park (Edmonton), Edmonton · MLS® E4513557
211
920 sq ft · Condo · Single Family · built 1997 · 5 days on market
listed by Eileen Alferez, CIR Realty
Welcome to this bright and spacious 2 bedroom, 1 bathroom condo in South Edmonton! Filled with natural light, this well-maintained home features a functional open-concept layout, updated kitchen countertops, & a generous private balcony, ideal for enjoying your morning coffee or unwinding at the end of the day. The unit includes a titled underground parking stall, convenient visitor parking for guests, plus added peace of mind with security cameras in & around the building. Located in a quiet, walkable neighbourhood near parks and green spaces, you’re just minutes from shopping, schools, restaurants, and everyday amenities. Enjoy easy access to Gateway Blvd, Calgary Trail, & Whitemud Drive, making commuting around the city simple and convenient. Residents also enjoy access to a fitness centre, social room, and on-site car wash. Offering comfort, convenience, security, and low-maintenance living, this is a fantastic opportunity to own in a desirable community.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $924 · strata $488 · 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
Catchment schools, Edmonton Public Schools
24560.5 km away · 10616 - 36A Avenue NW, Edmonton · (780) 434-0319 · website
24560.8 km away · 4020 - 106 Street NW, Edmonton · (780) 438-9103 · website
24561.4 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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Rapid transit: Southgate LRT station, 1.4 km (about 22 min walk).
$179,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $179,500 |
| 2025 | $169,000 |
| 2024 | $155,500 |
| 2023 | $157,500 |
| 2022 | $160,000 |
| 2021 | $171,500 |
| 2020 | $167,500 |
| 2019 | $184,500 |
From City of Edmonton open data (property assessments), matched to #105 10421 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 $1,860 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, 1.4 km (about 22 min walk).
Walkability 93/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 33 places to eat or drink, 3 cafes, 5 parks and playgrounds, 3 schools, 22 transit stops.
mihom score from OpenStreetMap places, by straight line distance.