Strathcona, Edmonton · MLS® E4500305
221
841 sq ft · Condo · Single Family · built 1981 · 94 days on market
listed by Sally Munro, Century 21 Masters
Discover sophisticated urban living at Water’s Edge, one of Edmonton’s most desirable condo buildings on prestigious Saskatchewan Drive. This stylish 2-bedroom, 2-bathroom unit offers the rare luxury of two primary suites, each with its own private ensuite bathroom, perfect for roommates, guests, or an office setup. Floor to ceiling windows flood the living room and dining area with natural light, creating a bright, airy atmosphere ideal for relaxing or entertaining. The bright living and dining area flows seamlessly into a warm kitchen that exudes timeless appeal. The kitchen offers timeless charm with a functional layout. this well-designed space invites you to cook, bake, and entertain with ease. Enjoy the fantastic building amenities including a fitness centre, party room, squash court, and tennis courts. Nestled at the top of the River valley, you’re just steps from the river valley trails, University of Alberta, Whyte Avenue & Downtown ! Condo Fee :$768.37! Welcome to your Riverside Retreat!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $827 · strata $768 · 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
24569.1 km away · 8530 - 101 Street NW, Edmonton · (780) 439-2491 · website
24568.6 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · 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.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
Rapid transit: Muttart LRT station, 1.7 km (about 27 min walk); Government Centre LRT station, 1.8 km (about 28 min walk).
$165,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $165,000 |
| 2025 | $159,000 |
| 2024 | $167,000 |
| 2023 | $161,500 |
| 2022 | $166,500 |
| 2021 | $178,500 |
| 2020 | $185,000 |
| 2019 | $167,500 |
From City of Edmonton open data (property assessments), matched to #1102 10149 SASKATCHEWAN DRIVE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,710 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: Muttart LRT station, 1.7 km (about 27 min walk); Government Centre LRT station, 1.8 km (about 28 min walk).
Walkability 86/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 36 places to eat or drink, 11 cafes, 15 parks and playgrounds, 3 schools, 26 transit stops.
mihom score from OpenStreetMap places, by straight line distance.