Wîhkwêntôwin, Edmonton · MLS® E4495963
334
2,034 sq ft · Condo · Single Family · built 1981 · 120 days on market
listed by Ian Robertson, RE/MAX Excellence
LUXURY PENTHOUSE LIVING AT ITS FINEST! Perched atop the iconic ARCADIA on Victoria Promenade, this spectacular 2-STOREY PENTHOUSE offers over 2,000 SQFT of unbelievable potential with breathtaking panoramic views of EDMONTON'S RIVER VALLEY and downtown skyline. Flooded with natural light through banks of windows, this exceptional residence features private patio, elegant entertaining spaces & a chef's kitchen with professional-series appliances. Upstairs are 3 spacious bedrooms including a large primary retreat with 4-piece ensuite. FOUR UNDERGROUND PARKING STALLS are rarely seen in a river valley condo including (one Tandem and 2 additional single stalls) & large storage units. Rich in history & character, the Arcadia offers a social room, common room, steam room and sauna. Major building upgrades, including new windows throughout & a newer elevator, are complete. STEPS TO THE PROMENADE, river valley trails, fine dining & downtown's best amenities. A truly exceptional opportunity for a ROOM WITH A VIEW
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $3,921 · strata $1,941 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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
Rapid transit: MacEwan LRT station, 1.2 km (about 18 min walk); Government Centre LRT station, 1.2 km (about 19 min walk).
Catchment schools, Edmonton Public Schools
24575.9 km away · 10227 - 118 Street NW, Edmonton · (780) 488-1221 · website
24575.6 km away · 10210 - 108 Avenue NW, Edmonton · (780) 426-3010 · website
24577.2 km away · 13712 - 104 Avenue NW, Edmonton · (780) 452-4343 · 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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$551,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $551,000 |
| 2025 | $568,000 |
| 2024 | $597,500 |
| 2023 | $640,000 |
| 2022 | $676,500 |
| 2021 | $645,500 |
| 2020 | $672,500 |
| 2019 | $695,000 |
From City of Edmonton open data (property assessments), matched to #1602 10010 119 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 $5,710 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: MacEwan LRT station, 1.2 km (about 18 min walk); Government Centre LRT station, 1.2 km (about 19 min walk).
Walkability 95/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 14 places to eat or drink, 2 cafes, 8 parks and playgrounds, 1 school, 2 pharmacies, 26 transit stops.
mihom score from OpenStreetMap places, by straight line distance.