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$182,000

#1304 10149 Saskatchewan Dr NW

Strathcona, Edmonton · MLS® E4513085

824 sq ft · Condo · Single Family · built 1981 · 10 days on market

listed by Caitlin Garrioch, Real Broker

realtor's description

Wake up to south-facing city views and enjoy the beauty of Edmonton’s River Valley right outside your door! Welcome to Waters Edge, where urban convenience meets an active lifestyle. This freshly painted 2-bedroom, 2-ensuite condo features a functional kitchen with stainless steel appliances and a spacious walk-in pantry. Enjoy the added value of covered parking, visitor parking, and condo fees that include heat and water. The building offers an impressive range of amenities, including a fitness centre, squash and ping pong courts, rooftop tennis and basketball, on-site security and management, plus a convenience store and postal service. Step outside to explore scenic river valley trails and cycling routes, or head to Whyte Avenue, the Strathcona Farmers’ Market, downtown, the University of Alberta, and major hospitals, all within easy reach. Whether you’re a first-time buyer, student, professional, or investor, this is an opportunity to enjoy a connected, active lifestyle in an exceptional location!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 824 sq ft
parking: 0
year built: 1981
strata fee: $723 / mo ($0.88 / sq ft)
days on market: 10
MLS®: E4513085

features

Park/reserve
Closet Organizers
Environmental reserve
Public Swimming Pool
Refrigerator
Dishwasher

monthly cost

$1,516/mo

Mortgage $793 · Strata $723

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

estimated payment

$793/ monthly

loan $145,600

25-year amortization

down payment20% · $36,40020%+ 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: $92,287
land title fees: $435; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $36,835; down + land title fees
total paid: $237,887

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: −$79/mo
cap rate: 4.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $793 · strata $723 · 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, 1.7 km (about 27 min walk); Government Centre 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
24568.6 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.

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