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$1,450,000

#1202 10035 Saskatchewan Dr NW

Strathcona, Edmonton · MLS® E4507542

232

2,074 sq ft · Condo · Single Family · built 2004 · 47 days on market

listed by Thomas Buchanan, Real Broker

realtor's description

First time to market at One River Park, one of Edmonton’s most prestigious and tightly held addresses. Private elevator access opens directly into this immaculate 12th-floor residence, perfectly positioned for what may be one of the best views in the city - the sweeping bend of the North Saskatchewan River, Walterdale Bridge, and downtown skyline, fully unobstructed. Two private balconies make the panorama part of everyday living. Exceptional concrete-and-masonry construction, and just 36 residences create a level of quiet, privacy and exclusivity rarely found in apartment living. Inside, high-end appliances, updated lighting and a refreshed gas fireplace complement the beautifully maintained interior and timeless finishes throughout. Dedicated concierge service, a fitness studio, guest suite, two titled underground stalls and enclosed storage complete the offering. Immaculately kept and turnkey, this is a rare opportunity to enjoy exceptional quality, privacy and one of Edmonton’s most remarkable views.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 3
living area: 2,074 sq ft
parking: 2
year built: 2004
strata fee: $1,826 / mo ($0.88 / sq ft)
days on market: 47
MLS®: E4507542

features

No Animal Home
No Smoking Home
Washer
Refrigerator
Dishwasher
Dryer

monthly cost

$8,143/mo

Mortgage $6,318 · Strata $1,826

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment

$6,318/ monthly

loan $1,160,000

25-year amortization

down payment20% · $290,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $735,253
land title fees: $2,710; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $292,710; down + land title fees
total paid: $1,895,253

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $1,600/mo
after all costs: −$6,706/mo
cap rate: -0.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $6,318 · strata $1,826 · 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

location

Strathcona, EdmontonGoogle Maps ↗

Rapid transit: Muttart LRT station, 1.5 km (about 23 min walk); Central LRT station, 1.8 km (about 28 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 King Edwardhomes in this catchment
24569.1 km away · 8530 - 101 Street NW, Edmonton · (780) 439-2491 · website
Middle Allendale / McKernanhomes in this catchment
Secondary Gr 10-12 Strathconahomes in this catchment
24568.5 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.

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