South Fort, Fort Saskatchewan · MLS® E4509283
21
886 sq ft · Condo · Single Family · built 2008 · 37 days on market
listed by Timothy Baker, RE/MAX Edge Realty
Welcome to this bright and spacious condo offering a functional layout with modern updates throughout. The open living space features durable vinyl plank flooring, neutral colours, and plenty of natural light, while the kitchen offers ample cabinetry, generous counter space, and appliances with a new stainless steel dishwasher. The unit features two well-sized bedrooms, including a comfortable primary bedroom with great closet space, along with an updated 4-piece bathroom. A separate in-suite laundry and storage room adds plenty of everyday convenience. The well-maintained building features an elevator, welcoming common areas, and a covered main entrance. Conveniently located close to shopping, restaurants, parks, walking trails, public transit, and other amenities, this move-in-ready condo is a great option for first-time buyers, downsizers, or investors. And yes of course this home has air conditioning!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $849 · strata $627 · 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 $1,541 a year
The asking price times Fort Saskatchewan's 2026 residential rate of 7.91 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 45/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 place to eat or drink, 7 parks and playgrounds, 1 school, 9 transit stops.
mihom score from OpenStreetMap places, by straight line distance.