Garneau, Edmonton · MLS® E4508885
11
630 sq ft · Condo · Single Family · built 1968 · 39 days on market
listed by Johnny Bede, MaxWell Progressive
INVESTOR ALERT!! The Unit you've been waiting for..LOCATION you've been yearning for..the BUILDING with amenities you've so patiently been hoping would come across your plate. WAIT NO LONGER! This cute, cozy but spacious 1 bedroom home is great for the first time buyer who wants to be close to the action, meaning bars, restaurants, shopping & trendy streets. On the other hand, the location works for the adventurous soul...close to WALKING PATHS, BIKE TRAILS, RIVER VALLEY! This is for the SAVVY INVESTOR, a very 'RENTABLE' unit which is easy on the pocketbook, yet will attract the young professionals or students wanting to walk to UofA! Everything is close! This MODERNIZED suite will make you want to work or study from home, but also feel proud to be the HUB for your friends to come over & be envious of the building you live in. No more gym memberships needed...yours is just an elevator ride away! Assigned COVERED parking, but you'll be happy to just be in walking distance to it all! INVEST IN YOUR FUTURE!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $544 · strata $611 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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
24570.9 km away · 10925 - 87 Avenue NW, Edmonton · (780) 433-1390 · website
24569.6 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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Rapid transit: University LRT station, 800 m (about 12 min walk); Health Sciences/Jubilee LRT station, 1.1 km (about 17 min walk).
$110,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $110,500 |
| 2025 | $114,500 |
| 2024 | $117,000 |
| 2023 | $122,000 |
| 2022 | $131,500 |
| 2021 | $140,000 |
| 2020 | $151,500 |
| 2019 | $151,000 |
From City of Edmonton open data (property assessments), matched to #204 10883 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 $1,145 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: University LRT station, 800 m (about 12 min walk); Health Sciences/Jubilee LRT station, 1.1 km (about 17 min walk).
Walkability 93/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 36 places to eat or drink, 5 cafes, 13 parks and playgrounds, 2 schools, 2 pharmacies, 22 transit stops.
mihom score from OpenStreetMap places, by straight line distance.