#303 530 Hooke Rd NW

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$187,000

#303 530 Hooke Rd NW

Canon Ridge, Edmonton · MLS® E4511678

936 sq ft · Condo · Single Family · built 2004 · 21 days on market

listed by Juliana Salvador, 2% Realty Pro

realtor's description

Stunning views of the North Saskatchewan River and Hermitage Park create the perfect backdrop for this beautiful luxury 18+ condo. Surrounded by nature and just minutes from the dog park, this spacious 1 bedroom plus den offers a bright, open layout with large windows that flood the home with natural light while showcasing private ravine views. Lovingly cared for by the original owner, the unit features central A/C, gas line on deck, S/S appliances, abundant storage, a full spacious bathroom, and a generous primary overlooking the parkland. Enjoy a worry-free lifestyle with all utilities included except power and one outdoor titled parking stall. Residents have access to amenities including a UG car wash, fully equipped fitness centre with cardio equipment, weights, sauna, and change rooms, plus a social lounge featuring a pool table, private kitchen, and rentable gathering space for hosting family and friends. Convenient access to Henday and Yellowhead makes getting around the city effortless.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 936 sq ft
parking: 0
year built: 2004
strata fee: $542 / mo ($0.58 / sq ft)
days on market: 21
MLS®: E4511678

features

See remarks
Ravine
Park/reserve
No Animal Home
No Smoking Home
Washer

monthly cost

$1,357/mo

Mortgage $815 · Strata $542

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment

$815/ monthly

loan $149,600

25-year amortization

down payment20% · $37,40020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $94,822
land title fees: $440; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $37,840; down + land title fees
total paid: $244,422

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $1,300/mo
after all costs: −$196/mo
cap rate: 4.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $815 · strata $542 · 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

location

Canon Ridge, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Overlandershomes in this catchment
24570.7 km away · 1150 Hermitage Road NW, Edmonton · (780) 476-3361 · website
Middle Gr 7-9 John D Braccohomes in this catchment
24572.2 km away · 3150 - 139 Avenue NW, Edmonton · (780) 475-1760 · website
Secondary Gr 10-12 Eastglenhomes in this catchment
24571.6 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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