Forest Green_STPL, Stony Plain · MLS® E4486026
211
839 sq ft · Condo · Single Family · built 1980 · 171 days on market
listed by Larry Kennedy, RE/MAX Real Estate
Welcome to Forest Green Villas — a cozy, quiet & secure place to call home! This upgraded 2nd-floor condo offers 2 bedrooms, 1 bath, and 850 sq ft of affordable ownership perfect for first-time buyers, downsizers, or investors. Recently painted with luxury vinyl plank flooring throughout, the bright layout features a galley-style kitchen with upgraded cabinets, countertops, sink & taps, separate dining area, and comfortable living space. The spacious primary and second bedroom are complemented by a refreshed 4pc bath with updated vanity and tub/shower. Enjoy the convenience of in-suite laundry and relax on your private balcony overlooking green space and your assigned energized parking stall. Plenty of visitor parking available. Ideally located across from a playground, walking trails, bike park & skateboard park, and within walking distance to schools, shopping, and amenities. Move-in ready and great value in a well-managed complex!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $457 · strata $401 · 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
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about $991 a year
The asking price times Stony Plain's 2026 residential rate of 9.43 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. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 81/100 · Very walkable: most errands on foot
Within a 10 minute walk: 3 places to eat or drink, 12 parks and playgrounds, 2 schools, 1 pharmacy, 3 transit stops.
mihom score from OpenStreetMap places, by straight line distance.