Braeside, St. Albert · MLS® E4512393
42
1,292 sq ft · Townhouse · Single Family · built 1970 · 16 days on market
listed by Dave Johnston, REMAX River City
This a condo is in a private location with a walkout basement backing onto a treed ravine in the Ridgewood Terrace condo complex in the neighborhood of Braeside located in St Albert. The most recent upgrades in include new furnace and hot water tank (9k) value, paint, and much more. This 2 storey condo has 3 bedroom, 2 bathrooms and is finished on all 3 levels. The main floor has a living room with fireplace, dining room, private but open kitchen, with a door leading onto and attached patio and a 2 piece bathroom. The upper level has 3 large bedrooms and a 4 piece bathroom. The basement is finished with a large family room games area and has the 4th bedroom, leading to a walkout basement onto a green space. This home is in a great location close to schools, shopping, and transportation.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,150 · strata $435 · insurance ~$175 · 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
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$218,000
2025 assessment · market value as of July 1, 2024
From City of St. Albert open data (property information), matched to 191 Ridgewood Terr. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,441 a year
The 2025 assessment times St. Albert's 2026 residential rate of 11.20 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 48/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 place to eat or drink, 13 parks and playgrounds, 6 schools, 14 transit stops.
mihom score from OpenStreetMap places, by straight line distance.