Canora, Edmonton · MLS® E4514117
11
624 sq ft · Condo · Single Family · built 1971 · 1 day on market
listed by Tim Taneja, smartPRO Realty
PERFECT FOR FIRST-TIME BUYERS OR SAVVY INVESTORS! Discover affordable homeownership in the well-established community of Canora! This 1-bedroom, 1-bathroom condo offers a fantastic opportunity for those looking to own their first home, downsize, or add to their rental portfolio. Enjoy a convenient location with easy access to public transit, shopping, restaurants, grocery stores, schools, parks, and other everyday essentials. Situated near Stony Plain Road and the future Valley Line West LRT, this property offers excellent connectivity to Downtown Edmonton, West Edmonton Mall, and surrounding communities. With an assigned parking stall and a location close to major commuter routes, this condo combines practicality, accessibility, and investment potential. Whether you’re looking for a place to call home or an addition to your investment portfolio, this is an opportunity worth exploring!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $370 · strata $435 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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
24582.0 km away · 15425 - 106 Avenue NW, Edmonton · (780) 484-6631 · website
24582.2 km away · 16018 - 104 Avenue NW, Edmonton · (780) 489-5300 · website
24581.7 km away · 13546 - 111 Avenue NW, Edmonton · (780) 448-5000 · 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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$82,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $82,000 |
| 2025 | $76,500 |
| 2024 | $60,000 |
| 2023 | $65,000 |
| 2022 | $67,500 |
| 2021 | $65,500 |
| 2020 | $74,500 |
| 2019 | $79,500 |
From City of Edmonton open data (property assessments), matched to #106 10140 151 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $850 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.
Walkability 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 14 places to eat or drink, 3 cafes, 6 parks and playgrounds, 1 school, 4 pharmacies, 27 transit stops.
mihom score from OpenStreetMap places, by straight line distance.