South Fort, Fort Saskatchewan · MLS® E4490932
11
405 sq ft · Condo · Single Family · built 2006 · 148 days on market
listed by Meagan O'Connell, Real Broker
Welcome to The Gardens at Southfort Bend, where independent living meets comfort, convenience, and community. This air-conditioned studio suite offers a functional layout and a spacious 3-piece bathroom with a sit-down shower for added accessibility. Enjoy a worry-free lifestyle with access to a wide range of amenities and services, including daily meal service in the dining room, a fitness centre, games room, chapel, hair salon, guest suites, recreation spaces, 24-hour staff presence. Condo fees include heat, water, cable TV, bi-weekly housekeeping and laundry service, as well as a emergency response pendant for added peace of mind. The Gardens is not an assisted living facility, but a welcoming adult community designed for those looking to maintain their independence while enjoying added conveniences, security, and social opportunities. A fantastic opportunity for downsizers, investors, or anyone seeking a low-maintenance lifestyle.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $253 · strata $974 · 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
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about $459 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 47/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 5 parks and playgrounds, 7 transit stops.
mihom score from OpenStreetMap places, by straight line distance.