Old Town_STPL, Stony Plain · MLS® E4501425
221
940 sq ft · Condo · Single Family · built 2008 · 86 days on market
listed by Terilynn Atwell, RE/MAX PREFERRED CHOICE
Welcome home to serene, low maintenance living in charming Stony Plain! Nested in a quiet enclave this 2 bedroom, 2 bath corner unit has a private location backing onto lush forest. Enjoy pristine nature views without sacrificing close proximity to local amenities, shops & highway access. The unit has an open concept layout which lets in loads of natural light & makes it feel light & airy. Bedrooms are positioned on the opposite side of the unit for maximum privacy, both with private ensuites. In suite laundry & storage make it practical & convenient. The kitchen has all you need including a breakfast bar and ample counter space. Also included is a secure, heated, underground parking stall. Condo fees include heat, water, sewer, exterior maintenance, snow removal, landscaping & reserve fund contribution. Affordable place for investors (property mgmt will look after renters) or first time buyers looking to build equity instead of renting.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $662 · strata $585 · 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 $1,434 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 94/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 15 places to eat or drink, 3 cafes, 4 parks and playgrounds, 3 pharmacies, 4 transit stops.
mihom score from OpenStreetMap places, by straight line distance.