Canon Ridge, Edmonton · MLS® E4514017
221
963 sq ft · Condo · Single Family · built 2003 · 1 day on market
listed by Charlene King, RE/MAX Edge Realty
Enjoy the best of nature and convenience in Canon Ridge! Located in the Ravines at Hermitage, this inviting condo building backs onto a beautiful ravine with access to scenic river valley trails, perfect for walking and cycling. Inside, you’ll find a bright and airy unit with laminate flooring, a west-facing balcony to enjoy the evening sun, and in-suite air conditioning for added comfort. The bonus of two bedrooms and two full bathrooms makes hosting family and friends easy. In-suite laundry with a stackable washer and dryer adds everyday convenience. The primary bedroom has a walk through closet and 3 piece ensuite. Comes with one titled carport parking stall. Building offers a social room and visitor parking. Surrounded by green space yet conveniently located near major roadways and public transit, getting around Edmonton is simple. Whether you’re looking to stop renting and invest in your own home or want a peaceful lifestyle with nature right outside your door, this condo is worth a look!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $741 · strata $520 · 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
Catchment schools, Edmonton Public Schools
24571.1 km away · 1150 Hermitage Road NW, Edmonton · (780) 476-3361 · website
24572.6 km away · 3150 - 139 Avenue NW, Edmonton · (780) 475-1760 · website
24572.0 km away · 11430 - 68 Street NW, Edmonton · (780) 479-1991 · 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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about $1,762 a year
The asking price 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. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 35/100 · Mostly by car
Within a 10 minute walk: 1 cafe, 5 parks and playgrounds, 1 school, 33 transit stops.
mihom score from OpenStreetMap places, by straight line distance.